Startup India vs angel tax: Union Budget 2019-20 has offered some sops to startups, but will bureaucracy play spoilsport?
The writer Dhruv Nath is a professor at the Management Development Institute, Gurgaon, and a Director with Lead Angels)
Gurugram-based logistics platform Transporter.city raises funds from Axilor, Lead Angels
Transporter.city helps companies automate delivery planning (pickups/dispatches) for first/last mile distribution. It provides a location-enabled platform for facilitating operations in the ecommerce, logistics, food, groceries, waste management, and healthcare sectors.
Angel tax fears make startups wary of M&As
“It’s a Hobson’s choice but for startups, the only motto is growth; they will choose growth strategy over immunity,” said Sushanto Mitra, CEO, Lead Angels.
Why Indore is attracting entrepreneurs
The idea was simple, yet compelling: To find out which of the cities provided a better product-market fit for his fledgeling startup. The choice was either to start in a mega city like Mumbai or in a smaller one that presented a big opportunity. At stake was a pie of an estimated 12 million kirana […]
Post budget reaction quote by Sushanto Mitra, CEO – Lead Angels
At budget time, hope always takes the better of wisdom and for start-ups who live largely on hope, it was one more opportunity to wish. Unlike most other budgets, this time however there is some reason to hope.
Here’s how this Indore-based B2B ecommerce startup made Rs 1 Cr in a day from just one city
B2B startup ShopKirana, which connects retailers and brands directly, has 12,000 plus retailers on its platform. The Indore-based ecommerce startup is now looking to expand to 30 cities and onboarding one lakh retailers in the next 18-24 months.
Lead Angels wants to go beyond being just a Network
In an interview with TechCircle, Lead Angels CEO Sushanto Mitra offers an overview of the Network’s journey and discusses how providing fee-based end-to-end services will be a differentiating factor.
Lead Angels solving startup funding woes
Explaining the funding ecosystem, Sushanto Mitra, CEO, Lead Angels, told Telangana Today, “Indian startups raised $12.68 billion in equity and $1.14 billion in debt in 2018, across 864 deals, surpassing 2017 levels. Late-stage startups took the lion’s share and India welcomed eight new ‘unicorns’.”
Bootcamp concludes successfully at Assam Startup – The Nest
The workshop began with a resourceful session by Sushanto Mitra, Founder and CEO of Lead Angels, India’s first privately owned startup investing network. He charted out the frameworks for developing an unerring business model and was followed by a question and answer session with the startups.
Lead Angels to invest in 10-12 startups by March
Lead Angels Network plans to invest across 10-12 startups in the current financial year in entertainment, education and transportation sectors, according to Sushanto Mitra, Founder and CEO – Lead Angels.