Band Of Angels open shop in Delhi.
Started in April 2006, the Band of Angels is a unique concept which brings together highly successful entrepreneurs and CEOs from India and around the world who are interested in investing in start up / early stage ventures which have the potential of creating disproportionate value. The Band , in addition to money, provide constant access to high quality mentoring, vast networks and inputs on strategy as well as execution. The Band members, because of their background are better able to assess the potential and risks at the early stage.
The Band looks at a broad spectrum for investments :
- IT products & services - High end BPO / KPO
- Retail - Biotech & Pharma
- Internet - Media & Entertainment
- Leading edge technology in telecom & embedded domains
The Band looks at investing typically upto USD 100,000 to USD 1 mn. and exiting over a 3 to 5 year period through an IPO, M&A or strategic sale. The Band may consider investments over a million dollars but is likely to do so through syndication.
web page : http://www.boaindia.com