Angel investors now set eyes on smaller towns startups
Chandigarh is another city where a nascent angel network has made investments in startups in the city and elsewhere. “We noticed that startup activity has really picked up in Chandigarh in the past five years,” said Vineet Khurana, spokesperson for Chandigarh Angel Network (CAN), launched three months ago.
The network, which has 20 investors on board, has made investments in New Delhi-based Eckovation and CChandigarh-based Jumbo Basket.
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