: FICCI FLO had launched its Startup cell pan India earlier this year in which over 500 members have registered. An online Event ‘Demystifying Angel Investing’ was organized by FLO Ahmedabad chapter Chairperson Nandita Munshaw and Committee Members to identify and understand the different aspects, merits and demerits of Angel Investing; Precisely, creating an ecosystem, a syndicate of women Angel Investors. ‘Indian Start-up market is such a hot space in present times. For the Indian women investors who wish to get into Angel Investing, this is an excellent time for Angel Investing’ – said guest speaker Ms. Asha Jadeja Motwani during session.
The FLO National Startup Cell has 4 verticals: FLO Virtual Incubator, the Certified Mentor development Program, FLO Mentor-Mentee Network, and FLO Angel Investors. Under the FLOAngels vertical, many Flo members have enhanced their knowledge from the Angel investing masterclass that happened recently.
Two powerful Indian women, from California, USA Ms. Asha Jadeja and Ms. Radhika Shah were the expert guest speakers. They have been working brilliantly in Angel Investments for about 20 years. They shared their thoughts and experiences in the interactive session.
Ms. Asha is an Angel Investor and Philanthropist based in Silicon Valley. She invests in for-profit tech, internet, and high social impact start-ups in the Bay area New York, and India. Ms. Radhika is Tech and Angel Investor and Co-President of Stanford Angels and Entrepreneurs which is a Stanford community of 2000 entrepreneurial alumni students and academics enabling angel investing, helping advance entrepreneurship and innovation.
In the session, the guest speakers enlightened the members about how future FLOpreneurs can do angel investing by taking baby steps
The speakers gave insights to first –
• Look for the upcoming conferences of Startups and companies in your area and attend them.
• Second, learn everything you can about companies and new Startups; this will give you brief idea of how Startups enter the market and how you might invest in them as an angel investor.
• Connect with people and Expand Your Network
• In Angel Investing there is a risk of the start-ups failing are relatively high – Piggybacking with someone you trust and know is one of the options
Pan Indian FLO members had joined this interactive session and they asked their well thought questions to guest speakers who answered from their successful hands-on Angel Investing experience.
Dr. Aarti Gupta, National Head of FLO Startups, impeccably moderated the session. Phani Trivedi and Yogita Sethi are the Heads of the Startup Cell of FLO Ahmadabad Chapter who coordinated the entire event. Ms Asha & Ms Radhika were extremely generous in sharing the information and suggested that the interested members to visit Silicon Valley with their Startup ideas and expose them to companies working in the valley. Silicon Valley is quiet Indian (‘desi’ as Ms Asha mentioned) because right from the company heads to the top management people are mainly Indians. This would be beneficial for the FLO members pan India to get an exposure of Investing & their venture into the international scenario.