125 startups will pitch for funding at 'The Guardian Angel' in Hyderabad this week

TiE-Hyderabad will hold the 2nd edition of The Guardian Angel - a live Instant Funding Event inspired by popular TV Series “Shark Tank”on June 24, 2017 in Hyderabad.

After its debut in 2016, The Guardian Angel received an extraordinary response with over 125 applications for 2017 edition. In the First Edition, 3 start ups raised funds to the tune of Rs 1.75cr.

Rakesh Bhatia, Chair, The Guardian Angel said that the 2nd edition of The Guardian Angel brings more innovative startups and great stories to the platform which will create new benchmarks in the ecosystem and encourage the entrepreneurial spirit.

Pradeep Mittal, President, TiE Hyderabad, said, "The Guardian Angel fulfills a critical growth factor through funding and investment support. We are sure this event will take the spirits of the startups to newer levels and encourage them to bring exclusivity and innovation on to the table, ultimately bridging the gap between the investors and startups."

"We will continue to hand hold and nurture startups through various initiatives. The Guardian Angel is just one such step that facilitates funding to the tune of  INR 5 lakhs  to 2 Cr. Activities like this and more will not only strengthen the eco-system but will also bring sustenance," Pradeep added.