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Hyderabad Angels to invest Rs 6 crore in five startups

It has invested Rs 15 crore across 11 startups in the last four years

Hyderabad Angels (HA), a network of angel investors focused on early-stage businesses, is readying fresh investments to the tune of Rs 6 crore in five different startups, according to its chairman Pradeep Mittal. “The network has seen a year-on-year growth of 20 per cent, and expects this growth to double this year with more than 40 per cent of the investors committing multiple investments,” he said in a release on Monday. Hyderabad Angels, which has 65 investors, has invested Rs 15 crore across 11 startups in the last four years, including in GIBSS, Thrillophilia, Online ...