Mumbai Angels welcomes Faad Network as its New Partner for The Co-investment Program

 

Mumbai Angels welcomes Faad Network as its New Partner for The Co-investment Program

07, March 2022: Building on the success of The Co-investment Program, Mumbai Angels, a premier platform for early-stage investments, has announced its next partner, Faad Network, an early-stage investor network offering pre-seed to Series A rounds investments in sector agnostic startups.   The Co-investment Program initiated by Mumbai Angels aims to offer exceptional growth opportunities for startups in addition to financial backing. The selected companies receive unrestricted access to the MA Multiplier platform, an exclusive marketplace for its portfolio companies to receive invaluable services, such as bookkeeping, cloud storage, marketing solutions, and more.

Nandini Mansinghka, Co-Founder and CEO of Mumbai Angels, said, “With the investment focus that complements our vision, Faad Network presents an ideal fit for our Co-investment Program. As we continue identifying and investing in promising startups, we are positive about complimenting on our individual strengths. We look forward to lasting, synergistic growth in time to come.”

“Mumbai Angels is known for its tenacity and extensive network of investors, along with its vast, constantly-growing portfolio of high-growth startups. Both Mumbai Angels and Faad Network have been active investors in the early-stage startup ecosystem. Our combined effort for the co-investment program will positively impact more startups while encouraging new investors to become a part of our network.” added Karan Verma, Co-Founder and Director of Faad Network.

About Mumbai Angels: Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 190+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 100+ of them. Today the platform has 650+ investors spread across 60+ cities across the globe.