You are here: Home » Specials » PE/VC
Business Standard

AngelList to launch syndicate operations in India

T E Narasimhan  |  Chennai 

AngelList, a US-based online platform which supports early-stage funding and start-up recruitment, is looking to launch its syndicate operations in India. However, it would need to get regulatory approval, says Utsav Somani, an angel investor who will lead AngelList's India syndicate operations. Syndicate is a concept, which AngelList has established successfully in the US.

Under this, a venture capital (VC) fund is created purely to make a single investment. The syndicate pools money from several investors to invest in a specific start-up. For instance, if a VC fund wants to invest ...

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, September 01 2016. 00:15 IST