Vasishta Angels Foundation ‘Vasishta Angels’, promoted by senior Finance professionals, Practicing Valuers, CAs, CS and Management Advisors, has been incorporated in April 2023 as a Section-8 Company (Not-For-Profit).
Key Highlights
v Vasishta Angels helps new and existing startups & companies, to identify, connect, and collaborate with potential Angel & Strategic Investors in the Region.
v Vasishta Angels is promoted by Senior Finance professionals, Practicing Valuers, CAs, CS and Management Advisors. The promoters of Vasishta Angels have a rich experience and understanding in Startup Eco System, Value chain and Investment Banking Advisory services in India and Overseas.
v Most of the Investors are HNIs, Non-Resident Indians and Persons of Indian Origin.
“We are happy to announce that we have already built a network of over 200 startup companies and about 10 Angel Investors in our platform,” Siva Peddibhotla, Mentor & Co-founder said.
The Platform works as follows – The Startups looking for funding will approach Vasishta Angels and register themselves as Network Members and will share their necessary information and submit their fund requirement proposal.
The High Networth Individuals, NRIs, PIOs and Companies with surplus funds will be approached by Vasishta team and request them to register as Network Investors in the Platform – Angels.
First-Level Screening: Investment Advisors of Vasishta Angels will study the information of the company and will do investment analysis of the company and prepare an Investment Scorecard individually.
Next-Level: If the average investment score of the company is above cut-off score, then the shortlisted company – proposal will be moved to next level to In-house Equity Research Department
Research Analysts of Vasishta will analyze the company and prepare an Equity Research Report – Flyer and disclose the investment score of all the Advisors done for shortlisting, in their report and copy of it will be given to respective startup – company.
The shortlisted Startups or Company’s Equity Research Report along with Investment Scorecard, Pitch Deck and Financials will be shared with our Network Investors.
The monthly Investor Meet will be conducted and shortlisted startups will present-pitch to the Angels – Network Investors (sufficient time will be given to each company to clarify the queries of Investors)
If interested, the Network Investor will convey his acceptance and will sign the term sheet and release funds to their selected companies, individually or collectively at their own risk.
Today there are several startups with bright ideas, business and revenue models but are unable to access the right kind of Angel Investors. This is where Vasishta Angels makes the difference, by helping in raising # Right Money @ Right Time @ Right Valuation.
