Angel investing troubles force renowned platform Mumbai Angels to wind up

The nearly two-decade-old investment platform will not make any angel or pre-seed investments anymore. Its closure tells the larger story of the state of angel investing in India.

15 January, 202512 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Wakefit built a Rs 1,000-crore mattress brand. Now it wants to do a full-stack

A pioneer in the online D2C mattress market, the startup is eyeing the public markets on the strength of its expanded home and furnishings presence. Will its next decade be as good as the one behind it?

Business
Story image

India’s listed SME space is a ticking time bomb

If recent investigations by SEBI into cases of fraud by listed SMEs are any indication, a scam running into lakhs of crores is in the making, putting the entire financial system at risk.

Internet
Story image

BlissClub’s niche is going to be its Achilles' heel

The Elevation Capital-backed startup created a space for itself in premium women’s activewear. But growing further will take more than just funding. For starters, it could think beyond womenswear.