Tuesday, May 21, 2024
Outlook India
Outlook Business

Angel Investors

StampThePassport.com is a new venture by Vijay Kesavan

The funds will focus on category-leading companies showing significant traction with clear profitability horizons

DSG Consumer Partners, V3 Ventures and Saama led the funding round

Bombay Shaving Company founder Shantanu Deshpande, Uber's APAC Head Pradeep Parameswaran and Bollywood actor Abhishek Banerjee participated as angel investors

Let’s Work Founder Kushagra Awasthi plans to start a new venture in the co-working and leasing industry.

SaaS accelerator fund Upekkha and global venture capital firm Kube VC were part of the round along with several angel investors

Fluid Ventures and Singapore-based M Venture Partners joined the funding round as co-investors, along with angel investors Rajesh Sawhney of GSF Accelerator, Sridhar Sankararaman of Multiples PE and Ramesh Menon of Wingreens Farm

The list, however, excludes investment from countries like Singapore, Netherlands and Mauritius

The proposed changes in angel tax policies could result in global investors pressuring start-up founders to move their company headquarters overseas, which is unlikely to benefit any stakeholder in the contemporary ecosystem