India first Angel network which not only helps in funding but also helps to accelerate business growth
India first Angel network which not only helps in funding but also helps to accelerate business growth
What is SAN? Who are SAN members?
SAN is Startup Angels Network which is focussed on engaging and encouraging entrepreneurs. A group of active and enthusiastic entrepreneurs o form the core team of SAN which carries out initial assessment of recommended start-ups. It is an independent group aiming to connect start-ups with serious investors willing to mentorship in critical business areas. SAN is about applying diversified knowledge of members in a collective fashion to an investment opportunity in the absence of any kind of mediation in evaluation, deal sourcing and investing. Moreover, SAN is focused on new investors making significant value proposition irrespective of the size of investment.
What are the benefits of the association with SAN? How is it distinct from other angel investment networks?
SAN members not only bring finance expertise but also add technological perspective and knowledge of the market to help you grow your business.
B2B sales opportunity with companies represented by SAN members
Post webinar, you’ll be provided with a comprehensive feedback report with an insight of how your business proposal has been perceived.
One single point of contact by SAN for interaction with start-up reduces the admin work of start-up in dealing with multiple individual investors.
Funding SAN looks to fund upto to 2 Cr for a given Start-up
What are the criteria for a startup to be considered by SAN?
SAN takes up funding for early stage start-ups that have successfully cleared the proof of concept stage are standing between Validation and Build Stage, i.e pre-seed and seed funding. SAN prefers startups with a pre-money valuation of less than INR 50 Cr. Minimum ticket size investment is finalized on a case to case basis.
What is the mode of investment offered in SAN?
Following are the ways in which SAN can invest with you
SAN’s designated lead member will negotiate the common T&C on behalf of the other SAN members while independent SSA & SHA will be signed with investors
SAN can pool in funds and invest with the startup in the form of an LLP
Comments
Post a Comment