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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Investors are worried about the proposed fee of Rs 25,000 to 3% of exit value and the recommendation that consent would be ‘deemed’ from those who do not respond.
The nearly two-decade-old investment platform will not make any angel or pre-seed investments anymore. Its closure tells the larger story of the state of angel investing in India.
India’s leading angel investment platforms are going all out to lure people from smaller cities to startup investing, despite the attendant risks and regulatory issues involved.
The investment platform has a business model problem, something that its founder has failed to address.
