World Business Angels Association

	Contact details 301-302, 3rd floor, Delhi Blue Apartments, Main Ring Road, Near Safdarjung Hospital, New Delhi - 110 029 E-mail: padmaja@indianangelnetwork.com Tel: 91 11 40755730 Website: www.indianangelnetwork.com

MISSION STATEMENT and OBJECTIVES of the ORGANISATION
Date of creation : April 2006 Mission Indian Angel Network, India's first angel network, brings together successful entrepreneurs and CEOs who share a passion to enable more early stage businesses to create scale and value Objectives By focusing on startups, the Network addresses the current acute lack of funds available to early stage companies. The Network believes that early stage businesses require more than just money to succeed. They require close mentoring and inputs on strategy as well as execution. Activities and benefits The Network looks at investing anywhere from a USD 100K to USD 500K in most cases but could go up to USD 1 mn. in very special cases. It looks to exit over a 3 to 5 year horizon through an IPO, M&A or strategic sale. IAN brings a constant flow of investible opportunities to investors, diligences them and works with Investors to term sheet / Share Purchase Agreement. This Network also provides post investment help in terms of media visibility, recruitment, sales leads, etc. to investee companies

THE NETWORK IN NUMBERS
Number of BANs in your federation Angel investing is very nascent in the country and IAN is the first formal attempt at organising individuals and institutions into a network. Today we have 78 individuals and 9 institutions as members Number of business angels indirectly reached through your networks' members The number of business angels indirectly reached would be around 250 Geographical coverage of your network members' activities India, US, UK, Japan, Canada, Sri Lanka, France and Singapore « Back to members