The Indian Angel Network will help entrepreneurs in the SaaS, PaaS, education and skill development space and will help them leapfrog sales by obtaining introductions at the highest level to India's leading companiesNEW DELHI, INDIA: Indian Angel Network (IAN) on Wednesday announced that it is planning to aid entrepreneurs building ventures in the SaaS, PaaS, education and skill development space.
“We want to provide startups the tremendous technology business expertise and C-Level connections that IAN brings. By taking an investment from IAN, a startup can leapfrog sales by instantly obtaining introductions at the highest level to India's leading companies. They will get Board Members and Advisers who are experts at strategy and execution of technology businesses,” said IAN board member Rehan yar Khan,
Saurabh Srivastava co-founder of IAN and Nasscom said, “The IAN-Nasscom partnership is exemplary as it creates a unique platform, bringing young entrepreneurs from around the country to explore raising funds from Asia’s largest angel group, comprising the who’s who of successful Indian entrepreneurs, many of whom have built India’s entrepreneurial software industry.”
Som Mittal, president of Nasscom (National Association of Software and Services Companies) said, “The vibrancy of technology start-ups in India will be further catalysed by the Nasscom-IAN partnership. Our priority would be to create specific initiatives like the SaaS-PaaS focus segments, as well as enable a broader collaboration around mentorship and capability development.”
Entrepreneurs will be shortlisted based on their business plans submitted at IAN website. The shortlisted candidates will then present their plan to IAN investors in an informal setting at Delhi, Mumbai, Pune,Bangalore and Hyderabad, starting early May 2012.