Friday, 19 November 2021

MA Network & FreeFlow Ventures Collaborate I The Co-investment Program

 


Mumbai Angels Network collaborates with FreeFlow Ventures 
as a part of The Co-investment Program

This is the second association for Mumbai Angels Network, where the two investment platforms will collaborate to back select high potential startups

19, November, 2021: Post a successful collaboration for its first joint investment as a part of its co-investment program, Mumbai Angels Network, a premium platform for early-stage venture investments, has partnered with FreeFlow Ventures, a startup incubator and accelerator, and a government-affiliated organization. The two investment networks will co-invest in select startups that display a high growth potential.

Startups chosen for the co-investment program will receive a myriad of benefits, including being a part of Mumbai Angels Network’s outreach for next-level investment conversations with eminent VCs, Strategics, and Family Offices. Additionally, the startups will be included in Mumbai Angels Network’s Multiplier Program, a new, exclusive marketplace for its portfolio companies. The co-investment program will also offer startups the chance to raise their next round of funding from Mumbai Angels Network, depending on their performance and capital efficiency.

Commenting on this, Nandini Mansinghka, Co-Founder & CEO - Mumbai Angels Network, said, “Our co-investment program was launched with the aim of identifying and nurturing emerging, high-potential startups along with other investment networks/VCs by providing the required financial backing and mentoring. We are pleased to announce that we have partnered with FreeFlow Ventures to further expand our reach and co-invest in promising startups. This partnership will offer an unrestricted pass to startups for co-investment deals from both Mumbai Angels Network and FreeFlow Ventures, allowing them to scale their business and reach greater heights.”

“It is a collaborative world today, and true power comes from various people and organizations coming together with individual strengths. We are delighted to collaborate with Mumbai Angels Network for the co-investment program. Their vast network of 600+ investors and a highly curated portfolio, combined with our 300+ startups and 16 ventures, is a win-win situation and an excellent opportunity in the startup space. This partnership provides the perfect medium to not just close deals together but to make them more efficient, which is crucial for startups and their founders,” added Suraj Juneja, Founder of FreeFlow Ventures.

FreeFlow Ventures aims to allow all startups and investors in the ecosystem to come together and create mutually beneficial deals. A nationally accredited partner of Invest India, FreeFlow Ventures has also been one of the primary partners and facilitators at the Startup India Yatra in 21 states, with over 60,000 business ideas during the 2019 government initiative.

About Mumbai Angels:
 
Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 180+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 70 of them. Today the platform has 550+ investors spread across 40+ cities within and outside India.

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