[YS Exclusive] Lead Angels sets up Rs 300 crore early stage fund

Read more at: https://yourstory.com/2022/03/lead-angels-rs-300-crore-early-stage-fund-startup-investments

Lead Angels Fund will also invest in follow-on rounds of portfolio startups backed by its angel network and plans to make nearly 10 investments over the next six months. Payal Ganguly 491 Stories Friday March 18, 2022 , 3 min Read Mumbai-headquartered Lead Angels Network, which operates an eponymous angel investment platform, has announced the launch of Lead Angels Fund, registered as a Category I AIF with SEBI. The Rs 300 crore fund marked its first close in January 2022, raising Rs 5 crore from nearly 20 early-stage investors.  The sector-agnostic fund which aims to be the first institutional cheque in a startup has a team of seven investment managers, with Sushanto Mitra, CEO of Lead Angels, acting as the managing partner.

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