Friday, 24 March, 2023

IAN Fund raises $53 million to back seed and early startups

<p>Indian Angel Network (IAN), the country&rsquo;s largest organized angel network, closed its maiden seed and early-stage fund at about $53 million. The investors in the fund include IIFL, Wadhwani Foundation, Gray Matters Capital, as well as individuals such as Infosys founder, former Google India Chief, and Mphasis founder said IAN in a report. Investment from the fund will include startups in healthcare, medical devices, VR, AI, SaaS, big data, and hardware.</p>