Chennai: With more capital flowing, startup is being launched and comes out profitably, the Indian angel investor profile changes.
This is no longer only experienced executive company or rich business owners but also middle-level professionals, Techies in their 30s with a large and invalid salary, and conventional stock market investors join the angel network and write checks to enter early on action.
The angel investment company told TII that new questions and members have increased by almost 5x in 2021 which lead them to do more creation of awareness for new types of investors and ticket size from angel investment has also fallen from RS 10-15 lakh on average 3 -5 lakh.
Zomato listings seem to be an inflection point for angel investment.
“From young Techies to senior executives, we saw investors who wanted to write checks and help startup grow at their early stages,” said Padmaja Ruparel, said Co-Founder, India, said.
More women, especially Bollywood actors, also turned angel investors, he added.
“People of all levels of society change angels today and are part of several networks to gain access to offers and invest well,” said Pooja Mehta, CIO, Jito Angel.
More Indians change angels in startup funding boom
