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Bioangels to invest Rs 350 crore in 130 companies over next 3 years: Indian Angel Network
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Bioangels to invest Rs 350 crore in 130 companies over next 3 years: Indian Angel Network
May 17, 2022 12:34 PM

The Biotechnology Industry Research Assistance Council or BIRAC has collaborated with the Indian Angel Network (IAN) to launch an angel investor network, called Bioangels.

Bioangels is a sector-focused angel investor group that plans to fuel the growth of startups from the biotech sector. To know more about the new network, CNBC-TV18 spoke to Padmaja Ruparel, Co-Founder of Indian Angel Network and Manish Diwan, Head of Strategic Partnership at BIRAC.

Also, Saroja Yeramilli, Founder & CEO of Melorra discussed how the company plans to utilize its recent USD 16 million Series D fund raise.

Moreover, Swagat Sarangi, Co-Founder of Smytten spoke about company’s growth plans post its pre-Series B fund round worth Rs 100 crore.

Watch video for more.

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