Any startup needs funding to get started before it becomes a full-blown business with huge turnovers and customers. The necessity of initial fund injection by an investor, and their ability to validate the business model, develop a pilot, establish a connection with the first customer is extremely crucial for any entrepreneur. An Angel Investor or Angel Investment Network moves beyond cash offering and creates a mark in the entrepreneur’s career by giving the startup a firm ground and the ability to start.
As per the latest report of 2018, Indian startups raised around $173 million in Pre-Series A and angel rounds. The hands-on experience, the access to a vast network and the extensive resources make the Angel Investors invaluable to startups.