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AngelList to launch syndicate operations in India

AngelList,aUS-basedonlineplatformwhichsupportsearly-stagefundingandstart-uprecruitment,islookingtolaunchitssyndicateoperationsinIndia.However,itwouldneedtogetregulatoryapproval,saysUtsavSomani,anangelinvestorwhowillleadAngelList'sIndiasyndicateoperations. Syndicateisaconcept,whichAngelListhasestablishedsuccessfullyintheUS.Underthis,aventurecapital(VC)fundiscreatedpurelytomakeasingleinvestment.Thesyndicatepoolsmoneyfromseveralinvestorstoinvestinaspecificstart-up.Forinstance,ifaVCfundwantstoinvest ...