Angel investors cropping up in small cities to fund their new entrepreneurs
CAN, which has on-boarded 26 angel investors in various profiles as in first or second generation entrepreneurs from industrial and professional backgrounds, on a monthly average sees 400 pitches from startups across India, out of which five are shortlisted to pitch before investors. Targeting ticket size of $100,000-300,000, it has so far invested in Jumbo Basket, Qlivery and Eckovation.
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