Lead Angels, a group of angel investors, has opened its Delhi chapter. The team has been operating from Mumbai and Ahmedabad.
The founding team of Lead Angels includes, Prof C Amarnath who retired as a professor of mechanical engineering from IIT Bombay, Sushanto Mitra , ex-CEO of Society for Innovation & Entrepreneurship, IITB and a recent IITB graduate, Bipin Kumar.
Members in Delhi include successful entrepreneurs and senior corporate leaders and investors who say they want to support other entrepreneurs.
"The focus on Lead Angels is on young graduates and we are extremely happy to launch our third India chapter from IIT Delhi campus in the presence of young and young at heart IITD alumni," Sushanto Mitra the Co-founder & CEO of Lead Angels (LA).
Aseem Chauhan, the Chancellor of Amity University added that "a structured angel investing platform focused on academic institutions and young alumni is much needed and Lead Angels with its connect with academic institutions is uniquely placed to bridge the gap."
Lead Angels connects promising early stage companies to experienced individuals who wish to invest money and time for the developing entrepreneurship while at the same time generating returns on their capital in a transparent and feedback-driven funding process.
