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 and augurs well for the start-up ecosystem in India. Improved supply of startups will also encourage more investments in venture funds in-turn,” said, Sushanto Mitra, founder & CEO, Lead Angels, a privately owned angel network.

Lead Angels Rebrands as Lead Invest, to Expand Beyond Angel Investing, With Complete Offerings in Unlisted Equities Market
Read more at: https://cxotoday.com/press-release/lead-angels-rebrands-as-lead-invest-to-expand-beyond-angel-investing-with-complete-offerings-in-unlisted-equities-market/ Lead Angels, India’s pioneering, pre-eminent angel investment network, has announced its rebranding to Lead Invest, marking its evolution into a comprehensive