Our Investment Focus
Harvard Angels India was founded in 2011 in Bangalore, India and consists primarily of India-based Harvard alumni, as well as a select number of non-alumni, who are interested and engaged in India's rapidly growing start-up ecosystem and committed to investing in early-stage businesses. Our vision is to provide the next generation of India's most promising entrepreneurs with the right level of financial capital, strategic guidance and mentorship and in many cases, deep technical advice. We accomplish this by leveraging our strong domestic and global investor base, which equips our entrepreneurs with access to new international markets/customers, top-tier venture capitalists of global repute and sector expertise that proves invaluable to India-based entrepreneurs.
Our group is made up of individual investors with broad experience in general management, entrepreneurship, venture capital, consulting and/or law. Our investors are currently located in Bangalore, Delhi and Mumbai; we plan to expand our investor base to other cities in the coming year. Our involvement in portfolio companies will vary from deal to deal. Our portfolio companies will have access to the group for general advice and direct involvement by individual members where we can make a difference to a portfolio investment. Potential roles for Harvard Angels include “money only investor”, Board member, CEO mentor and advisor/consultant.
As a part of our investment strategy, we have a strong preference to represent the "first money in" for a company seeking initial funding. While we will consider opportunities whereby other angels and/or institutional investors have already invested, our preference is to back entrepreneurs with their first round of external funding.
We invest in early-stage companies across all industry sectors located in India. Ideal candidates are companies seeking up to $500,000. We invest as individuals, in aggregate up to $250,000 in any particular investment. We will invest in larger rounds beyond $250,000, but will likely do so as part of a syndicate with other angel groups, venture capitalists, etc.
We invest in “for profit” businesses and expect our portfolio companies to achieve a successful exit within five years. We do not invest in R&D intensive businesses or businesses with high capital requirements. We strongly encourage business plan submissions from a diverse set of entrepreneurs, sectors and geographies; however, our primary evaluation will be based on potential economic returns.
- Business Products
- Clean Technology
- Computers and Peripherals
- Consumer Products
- Electronics / Instrumentation
- Financial Services
- Food and Beverage
- Healthcare Services
- Internet / Web Services
- IT Services
- Marketing / Advertising
- Media and Entertainment
- Medical Devices and Equipment
- Networking and Equipment
- Retailing / Distribution