Wednesday 8 April 2020

Mumbai Angels Network launches the first of its kind: Lifeline Infusion Program



Mumbai Angels Network launches the first of its kind:
Lifeline Infusion Program
"We understand that the current circumstances are completely unprecedented and it's getting increasingly difficult for Startups to defend and grow what they have nurtured all this time.
Mumbai Angels understands its responsibility as the leading angel investing platform in the country to create innovative solutions for both our startups and investors and believes in leading from the front.
We stand together with our startups as they weather through these turbulent times and adapt to the new reality. As a first step, we are proud to announce the Startup Lifeline Infusion Program.

Key highlights Program: -

- Detailed documents data room shared with members
- Investments via SAFE, Convertible securities
- Min Investment INR 50,000/- (No upper cap)
- 40% Discount to the next round


As a pioneering Angel Investing Network in India, we are a group that is unequivocally bullish on the long term outlook for the startup ecosystem. We believe in our founders and teams, and wish everyone the best in navigating through this extremely turbulent and stressful time. This too shall pass and we hope you emerge from this crisis stronger than ever before.
Stay safe, healthy and informed. "

- Nandini Mansinghka, Co-Promoter & CEO, Mumbai Angels Network

No comments:

Post a Comment