Hyderabad Angels invests Rs 15 crore in 12 start-ups in 2015-16
As part of pre-series ‘A’ investment, HA invested up-to $1 million and as part of seed round, it invests up-to $150 million.
Hyderabad Angels (HA), invested around Rs 15 crore in a dozen start-ups in 2015-16. "Currently, there are close to 100 investors including investors from US, Japan and Singapore with around 75 percent of them being active (at least in one or more investment). We expect to be at least 150 investors by end of this year," said Pradeep Mittal, Chairman, Hyderabad Ange
HA expects to add another 12 companies to its existing portfolio during the current year. It says that data, analytics, IOT, fintec
As part of pre-series ‘A’ investment, HA
Called the ‘Oracle Startup Cloud Accelerator,” the centre will open in Bengaluru on April 8, 2016 and will be inaugurated by Oracle’s President of Product Development Thomas Kurian.
Kerala IT Secretary M. Sivasankar issued the orders and said this was a major step towards achieving the target outlined in the IT Policy of 2017.
India is witness to more than 100 accelerators and incubators across the country, stepping in, to try and cherry-pick the most viable startups.