Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/04/01/angellist-list-india-investment-syndicate/

A little over a year after it introduced Syndicates to the India market, AngelList — the U.S. service that helps connect companies with investors — is rolling out its own fund in the country with the backing of some stellar names.

Dubbed ‘The Collective,’ the syndicate includes money from Flipkart co-founder Binny Bansal — Flipkart, of course, sold a majority stake to Walmart for $16 billion last year — and VCs Salil Deshpande of Bain Capital Ventures, Matrix India trio Avnish Bajaj, Tarun Davda and Vikram Vaidyanathan, Navroz Udwadia from Falcon Edge Capital and Rahul Mehta of DST Global. There’s also involvement from funds that include Kalaari Capital, FJ Labs and Beenext.