Goa Angels, a network of angel investors who are looking to invest and mentor innovative startups was launched yesterday. Mumbai Angels Network, India’s premier angel network will be powering the Goa Angels network.
The Start-up Program, launched by the Startup Promotion Cell, Department of IT, Government of Goa, is supporting the launch of the first ever angel investors network in Goa. “The government of Goa is committed to building a vibrant startup ecosystem in Goa. A robust and strong angel investment network will attract the best startups in the country to Goa and also provide the innovative startups from Goa access to a large pool of investors said Shri Rohan Khaunte, Information and Technology Minister, Goa Government.
“We are excited to launch Goa Angels to bring the top investors in Goa under a single network. We see this as a first and critical step in building a robust start-up ecosystem in the state. Our partnership with Mumbai Angels will ensure our members get access to the best-in-class startups from across the country. We are also looking forward to extending the full membership experience that being a part of a larger network offers, including investing best practices, learning sessions and active portfolio management for the invested companies said Shrinivas Dempo, Chairman, The House of Dempo and the chief force behind the new angel network in the state.
“We are excited to powering Goa Angels and are looking forward to building the startup ecosystem in Goa. With our nationwide reach of 6 chapters (Mumbai, Delhi, Kolkata, Bangalore, Hyderabad and Pune) Mumbai Angels Network has the first access to the best startups in the country. With our innovative, process driven investing, we are able to steer the entire investment process smoothly right from curating deals, deal negotiations, deal documentations to actively managing the invested portfolio and working closely with the next level investors for exits.saidNandini Mansinghka, Chairperson, Mumbai Angels Network.
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