Funding Process

Deal Criteria Statement

The Angels are primarily focused on seed stage and early stage companies with strong teams, defensible technologies or services and well defined product to market plans.

Review and Selection Process

If you meet the criteria of the Mumbai Angels, we encourage you to submit a plan for investment consideration. You will need to submit your plan throughhttps://gust.com/angel-group/mumbai-angels/apply.

Selected Companies Process

Following successful completion of the pre-screening process you will be invited to present your plan to the entire member community of the Mumbai Angels. In the interim between selection and presentation the Mumbai Angels provides value-added preparatory services to the companies. Using its expertise, the Mumbai Angels may help the companies refine both their written and oral presentations in preparation for larger group presentations. Typically, a company will have 20 minutes for its presentation and 15 minutes for a question and answer period.

Follow-up

In the period following the meeting the members will decide whether your business plan is of interest to them and whether they wish to participate in the due diligence for the purpose of individual investment. You may expect to hear back from us in a week to ten days. Interested members will get in touch with you through a deal champion. The deal champion will be the one point contact between your company and interested investors. He will work with you on due diligence in order to address any outstanding concerns and negotiate the terms of investment.

Investment

Members invest individually and not through the Mumbai Angels entity. The members decide among themselves how much each individual wishes to invest.

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