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Investing in Indian Startups
India has a really intriguing startup scene (and total economic system) — plenty of innovation, excessive financial progress, and bettering training and good demographics.
It may be exhausting to search out good funding alternatives until you reside in India. However these alternatives do exist. And I imagine they’re definitely worth the effort.
I used to be fortunate sufficient to get one funding in an Indian firm referred to as Cleartax. I invested in Cleartax via one in every of FundersClub’s Y Combinator Demo Day funds. This can be a $10,000 minimal fund that offers you entry to 8-12 startups from Y Combinator’s Demo Day (when all the brand new YC startups pitch buyers). And Cleartax has grown into one of many largest fintech startups within the nation.
Hopefully, our capability to put money into Indian startups will enhance within the close to future.
I often see Indian startups on AngelList. These offers are for startups which might be established as a U.S. company (like Cleartax was). A few of these offers have come from Sumon Sadhu’s syndicate. He’s in all probability the most effective bets for Indian startup funding alternatives going ahead.
And some years in the past, AngelList established an Indian department. For now you need to be an Indian resident to take a position. However I’m hoping they open it as much as worldwide buyers within the close to future.
I’m persevering with to look at this house intently, and can replace you as I come throughout information or syndicate alternatives.
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