Monday, December 10, 2007

Angels to the rescue

Heres an article in the Hindustan Times which talks about the irony in the PE/VC space in India. It says "While the country is awash with foreign money flowing into private equity, early stage funding, what many believe to be the essence of venture capital, is not quite abundant. But successful Indian entrepreneurs who have been there and done that are trying to solve this problem in their own way with a network of “angels” — individuals who provide seed capital and some hands-on advice and help to boot, often by sitting on the boards of start-ups."

We hope the band of angels is always on the increase. Read the complete article on HT online

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