InnerWave Ventures Looking To to Invest in 18-20 Startups in Next Three Years
A community of early-stage angel investors InnerWave Ventures today said it is planning to invest in 18-20 start-ups in next three years in the range of Rs 1-1.5 crore.
Currently, InnerWave Ventures, which is managed by corporate advisory firm InnerWave, consists of 32 angel investors which are looking to help start-ups in need of additional capital.
"A lot of the angels have built up their own businesses and may be sold them or are in a semi-retired stage and they want to pass on the knowledge that theyve picked up," InnerWave Ventures co-founder Varun Dhingra said.
InnerWave Ventures said it will also be adding more angel investors to its network who are looking to invest in pre- screened start-ups.
"The investment can come from a single angel or a group and it can range anyw...