About Indian angel Network
Indian Angel Network, India’s first and Asia’s largest angel network brings together successful entrepreneurs and CEOs who share a passion to enable more early stage businesses to create scale and value. By focusing on startups, the Network addresses the current acute lack of funds available to early stage companies. The Network believes that early stage businesses require more than just Money to succeed. They require close mentoring and inputs on strategy as well as execution. Currently, IAN has over 400 members drawn from across the country and some from overseas, including leading lights from diverse sectors (information on www.indianangelnetwork.com). The Investor Member group now includes people like Kris Gopalakrishnan, Saurabh Srivastava, Rajan Anandan, Pramod Bhasin, Jerry Rao, Sanjeev Bikchandani, Ajai Chowdhry, Rajiv Luthra, and Sunil Munjal amongst many others.
IAN’s operations are spread across 7 cities in India and UK (Delhi, Bangalore, Mumbai, Pune, Hyderabad and Kolkata ; London) with regular pitch sessions. IAN was launched by Prime Minister Cameron in the presence of 4 of his senior Cabinet colleagues from No 10 Downing Street. This makes IAN the world’s first angel group to set up operations outside of its home country. IAN leverages the large global market to build global foot print companies. Several innovative British companies have now joined the IAN portfolio and are rapidly scaling up across borders including India, Singapore, US, etc.
So far, IAN has invested in 100 odd companies across multiple geographies (7 countries) and multiple sectors (17 sectors) like health care, F&B, clinical trial, e-comm, semi conductor, gaming, manufacturing and many more. IAN’s portfolio has clocked ~44% IRR with companies giving returns like 6x in 15 months of investment, 21x in 30 months, and investee companies garnering valuations like 10x in 7 months of investment, 290x in 81 months, etc. The investment traction is extremely high at IAN where 40+ companies have raised funds during the last 12 months reflecting a 50% increase on the previous year. Best in class companies are able to raise Rs. 3 crores in less than 60 mins, 10 crores overnight – reflecting a high investor engagement.
Its proprietary technology platform scheduled to launch in May 2016 will bring fund raising and investing to the click of a button!
IAN provides a unique opportunity for young professionals to build a unique fast growing career trajectory. It is an exciting yet challenging opportunity to build IAN as the premium early stage platform for best in class entrepreneurs and investors. It’s an opportunity to work with experienced investors on the one hand and help breed the next generation of innovative entrepreneurs for New India. IAN provides a work environment of robust operational frameworks driven by targets and TATs but more importantly encourages out of box thinking and creativity.
Currently a Mid level role is offered to drive the IAN operations . This is a key role to be part of a team taking IAN to the next level and building the best early stage investor in the country, if not the world.
The role will be eligible to a share in the Carry / or Upside which provides an opportunity to build a disproportionate compensation package.
- Core member of the IAN short listing team
- Assist and join the Short listing Head in meetings/calls with entrepreneurs to access their business proposition.
- Assist in vetting of deals by joining meetings/calls with IAN members
- Be the central resource of analytics for IAN .Prepare timely and quarterly reports.
- Point of contact for entrepreneurs, members and internal IAN team.
- Assist the Short listing Head in due-diligence of deals shortlisted on the IAN platform. This function may include: market research, competitive analysis, reference checks on entrepreneurs etc