For startups and entrepreneurs based in Mumbai (formally known as Bombay) looking for ways to finance their business one of the most popular methods is to seek early stage investment such as angel investment.
What is angel investing? Business angels are private individuals or are people that form a part of a global, multinational or Indian angel group that invest their capital into start-up companies and entrepreneurial ideas. In return for this financial investment and seed funding, angel investors normally require an equity stake within the business.
Angel investors can also bring other benefits to a startup company or an established company too, such as experience in the particular sector. Many angel investors have a wide range of industry contacts that can help get your business moving in the right direction and generate fundraising for the next stage. Some Mumbai angels also offer mentoring to new Indian entrepreneurs which can also be beneficial for a business owner who has a good idea, but lacks industry experience. Not everyone is an active angel investor. Some individuals do not have the time or resources to coach a new business, and instead are just looking to make a financial contribution in return of profits at a later date.
When it comes to starting a business in Mumbai (or investing in one for that matter) there are a few industry sectors that are popular. The first area that would likely spring to mind is the Hindi film industry which is a massive part of Mumbai's business economy and produces not only traditional Bollywood movies, but modern hits too such as Bharat. So, as an angel investor if you're looking to move into the Indian film industry then Mumbai is the location to look at for entrepreneurship. Tech startups, e-commerce, healthcare, edtech and financial services / fintech are also very popular business areas for angel investing and business incubation. Often these can be targeted by early-stage businesses and investors alike since India has a strong IT background and forms a key part of the Indian startup ecosystem.
One of the main benefits for angel funding for early stage startups is that it is normally more readily available when compared to gaining investment from traditional financial institutions such as venture capital. Generally speaking venture funds are only interested in funding businesses with an established track record. That is why private equity is used for early-stage investment and not large investment firms.
If you’re an startup entrepreneur looking for additional business capital for running costs or just looking for early-stage investment into your business to help it expand, then you can connect with angel investors on the Angel Investment Network in India. Just sign-up to the Angel Investment Network to pitch your business plan to investors, seed / venture capitalists, and start up companies all over the world.
The Angel Investment Network in India is part of a worldwide angel network that provides a service to all entrepreneurs and investors. Thousands of business angels use our investment network to search for ideas, and to find investors for startups and businesses. From Mumbai to Bengaluru (Formally Bangalore), New Delhi to Hyderabad, and from Indian Angel Networks and investors to the rest of the globe, the Angel Investment Network helps connect early-stage ventures with financial services and fundraising from angel investors.
AIN helps investors and entrepreneurs build lasting and profitable relationships to build better businesses and brighter futures.