‘Assam Startup – The Nest’ takes first step towards forming an Angel Network
‘Assam Startup – The Nest’ initiated a meeting with the HNIs of Guwahati towards forming an Angel Network in the state for the startups. The incubator is gearing up to induct its first batch of startups. The meeting was held as part of the groundwork needed to create funding opportunities for startups.
Lead Angels ties up with IIT Madras Alumni Association
Sushanto Mitra, CEO – Lead Angels said in a statement the tie-up will bring a vast network of high-quality, successful professionals into early-stage investing. To be able to reach the argumentative essay expert a multitude of info regarding the occurrence need to be examined. Hence, tons of people frequently use up argumentative research papers subjects. […]
Post acquisition, AHA Taxis eyes Tier II and Tier III cities in India as its next destination
Launched in April 2015, Noida-based AHA Taxis is a one-way cab service provider for outstation purposes across India. The company follows something similar to an aggregation model,with vendors networking in more than 1,000 cities, and claims to have over 15,000 vendor networks at present. It has tied up with vendors having multiple cabs as well […]
HelloVerify raises funding from Lead Angels Network
“We believe Hello Verify has all the makings of a future unicorn. The background screening space is likely to grow exponentially with the data ecosystem developing further. And they have a disruptive product that is already making giant strides”
For this global Tiger, India is still its second biggest territory
“Why investors like Tiger Global are investing more in India than China is because Chinese economy is going through a slowdown and also since it is more of a saturated market while India remains a virgin market which is 7-10 years behind China,” said Sushanto Mitra, Founder and CEO, Lead Angels.
Relief for start-ups: Angel tax exemption cap hiked – check details here
The primary benefit will be the end of cumbersome paperwork which start-ups and their investors had to produce to get an exemption from angel tax. Additionally, it will direct more investments into start-ups by both existing and new investors. This will create a good pipeline of companies for further investment by VCs and similar institutions […]
Angel tax: Exemption limit raised for startups
Eligible startups only have to file a duly signed self-declaration by with DPIIT for availing tax exemption. An entity shall be considered as startup if its turnover for any of the financial year has not exceeded ₹100 crore
Lead Angels inks MoU with IIT-Delhi Alumni Association
Lead Angels on Tuesday announced the inking of an MoU with the IIT-Delhi Alumni Association (IITDAA) in a bid to catalyse structured, early stage investing among the latter’s members.
Budget mum on angel tax issue, hope consultative process addresses it: Nasscom
Sushanto Mitra, founder and CEO at Lead Angels said while India ranks as the second largest startup hub in the world, tax relief for startup investments has not been addressed in this budget
Shopping for talent
Apart from getting a global backing, the start-up that is bought out gets financial benefits as acqui-hiring serves as a good alternative for liquidation. “Investors benefit from such exits. There are teams who develop new products/technologies and an acqui-hire enables them to cash out over a period of time and move on to their next […]