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2-years old Indian Angel Network fund closes at Rs 375 cr

Nabanita Dutta

News Editor
Image Credit: shortpedia

Indian Angel Network (IAN) was launched in April 2017. In 2 years it has raised INR 375 crore for its maiden fund and had also witnessed investors like IIFL, Yes Bank, Hyundai, SIDBL and many others. It was also backed by angel investors and entrepreneurs in their personal capacities. IAN said that the fund exceeded the capital target and that shows the growth trajectory and also shows the investors' faith in their vision.