This Indian investment firm wants to bring on board angel investors from India's smaller cities
- The company said it is currently looking for investor partners from Jodhpur, Gwalior, Patna, Jamshedpur, Amritsar, Chandigarh, Ludhiana, Agra, Allahabad, and other cities.
Venture Catalystsrecently saw OYO founder Ritesh Agarwal join as an investor.
- Venture Catalysts has a ticket size of $250K – $1.5 million and bets on early-stage startups.
The firm, which recently saw OYO founder Ritesh Agarwal joining as an investor, is setting its sights on India’s smaller cities for investment opportunities. On joining the firm, Agarwal had said that India’s next big startup idea will come from a Tier III or IV city.
And for the same, it is also actively looking to bring on board angel investors from India’s smaller cities. The company said it is currently looking for investor partners from Jodhpur, Gwalior, Patna, Jamshedpur, Amritsar, Chandigarh, Ludhiana, Agra, Allahabad, and other cities.
“The mission is to expand to 100 cities in India by 2021, and we are very optimistic about the startup landscape in India in the times to come. As part of this geographical expansion strategy, we launched our network in many more Indian cities during the past two months of lockdown, and this has been met with an overwhelming response. We received 3000+ registrations for our virtual launch in 11 cities, which indicates the growing cognizance of Venture Catalysts. We also plan to expand our presence into 15 more cities in the coming months,” said Dr. Apoorva Ranjan Sharma, President, and Co-founder, Venture Catalysts.
The firm brings on board High-Networth-Individuals who are willing to bet on startups. Over the years, Venture Catalysts has grown from having 400 investors in 2016 to a network of over 1,100 now. And they plan to increase it to 10,000 by 2025.
Venture Catalysts has a ticket size of $250K – $1.5 million and bets on early-stage startups.
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