News And Events

Visit by the VP, Chennai Angels

Chennai Angels, ISVEC

ISVEC organised an interactive session by Mr. Balram Nair, Vice President, Chennai Angels, on “Raising Start-Up Capital through Angel Funding”, at the auditorium of IASST. Along with the scientists and researchers of IASST, the session was also attended by 30 students from MSME Tool Room. It was a lively interaction between the audience and the expert, with multiple examples and anecdotes of angel investment.
Mr. Nair explained the mechanism of angel investment. He emphasized that more than the idea, the investors look at the competence, commitment and the mentor-ability of the founding team. According to him – An investable business must solve a real life problem, and the solution must be easily scalable to a large market. Angel investors take share in a start-up company, after the start-up gets at least a few number of paying customers.