
Angels Hold Steady Amid Funding Winter
Angel investors bet on early-stage start-ups, crack the unicorn code, defying funding slowdown.
Angel investors bet on early-stage start-ups, crack the unicorn code, defying funding slowdown.
A new generation of techpreneurs is building new-age solutions and creating companies valued at well over a billion dollars, helped by massive investor funding.
Last month, IDFC First Bank CEO V. Vaidyanathan had gifted 9 lakh equity shares of the bank held by him to five of his employees.
A startup is a high-risk asset with a failure rate of about 90%. Yet, angel investors and not banks are the first to invest capital in its future. Angel investors say there is a method to the madness.