Get All Access for $5/mo

Indian Angel Network Joins Hands With Bangladesh Angels Network The partnership will support in creating a pipeline of investment opportunities in areas of mutual interest in both regions

By Prabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

New Delhi-based angel investment platform Indian Angel Network (IAN) on Monday announced that it has joined hands with Bangladesh Angels Network (BAN). The aim is to work together to source, cross-refer, and promote linkages in technology-enabled startups in India and Bangladesh to create an enabling environment for venture investing in both ecosystems.

"We are delighted to partner with BAN to launch the "Startup Bridge' between India and Bangladesh and reflects the growing interest in angel investing across the Sub Continent. The "Bridge' will hopefully bring the startup ecosystems of the two countries much closer. It promises to enable entrepreneurs to access much larger markets, talent pools, funds and provide Angel investors many more investment opportunities and bring innovative solutions to corporate," remarked IAN co-founder Padmaja Ruparel, while speaking on the partnership.

Together, the two partners will support in creating a pipeline of investment opportunities in areas of mutual interest in both regions, digitally host joint-showcases of startups and promote co-investments and knowledge sharing in both angel communities.

"From inception, BAN has enjoyed close links with the Indian ecosystem. We've looked at our mentor networks like IAN as our north star in terms of where this growing community and ecosystem can evolve into, and I'm really pleased to be able to crystallize that relationship into a formal collaboration. This is one more step in bringing the Bangladesh ecosystem in line with other more developed ecosystems and best practices from such jurisdictions," said BAN chief executive officer Nirjhor Rahman.

With investors from 12 countries, IAN's presence spans 7 locations, which includes cities in India and the UK. Some of its marquee investee companies include Druva, Box8, Sapience Analytics, WOW Momos, Fareye, Webengage, amongst many others.

Prabhjeet Bhatla

Former Staff

Business News

Former Steve Jobs Intern Says This Is How He Would Have Approached AI

The former intern is now the CEO of AI and data company DataStax.

Leadership

Visionaries or Vague Promises? Why Companies Fail Without Leaders Who See Beyond the Bottom Line

Visionary leaders turn bold ideas into lasting impact by building resilience, clarity and future-ready teams.

Science & Technology

5 Automation Strategies Every Small Business Should Follow

It's time we make IT automation work for us: streamline processes, boost efficiency and drive growth with the right tools and strategy.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Marketing

5 Critical Mistakes to Avoid When Giving a Presentation

Are you tired of enduring dull presentations? Over the years, I have compiled a list of common presentation mistakes and how to avoid them. Here are my top five tips.

Green Entrepreneur®

How Global Business Leaders Can Build a Sustainable Supply Chain

Businesses can build sustainable supply chains by leveraging technology to reduce environmental impact, optimize resources and track emissions while balancing operational efficiency and sustainability goals.