ABOUT THE PROGRAM
T-Angel program is an initiative of the Government of Telangana and T-Hub to enable and empower the early stage investment ecosystem in the state of Telangana. T-Angel is a holistic approach towards creating the right ecosystem of investors and startups that are investment-ready.
Under the T-Angel program, T-Hub would organise various initiatives to support early stage startups to get investment-ready while also enabling high net worth individuals and startup enthusiasts to explore angel investment as an asset class. This would directly improve startups’ ability to raise capital, while providing a platform for investors to invest into early-stage startups.
To kickstart the program, T-Hub, in association with LetsVenture, has created a 3-month intensive investment acceleration program. The startups that graduate from the program successfully will be listed on LetsVenture’s investment platform which has over 6000+ investors actively looking for startups to invest in.
WHAT'S IN IT FOR YOU?
The investment acceleration program is built to boost tech startups looking to get ready for fundraising. The focus of the program would be to make startups funding-ready and improve their chances of success. The program is a structured 3-month program with regular interventions through bootcamps and dedicated mentoring which would provide inputs and assistance to startups. This would enable disruptive startups to build a strong investment case and succeed in raising capital.
From being a high-risk asset class, angel investment is now finding favour in India’s growing startup ecosystem. By engaging with the T-Angel program, angel investors get to deep dive into the Telangana startup ecosystem and get a chance to network with and learn from some of the most successful investors around.
THE ELIGIBILITY CRITERIA
Startups eligible to apply for the T-Angel program will have to meet the following criteria:
- You are a registered company looking to raise first round of funding
- You are either registered in the state of Telangana or intend to move operations to the state of Telangana in due course
ABOUT GOVERNMENT OF TELANGANA
The Government of Telangana has taken the path of “Innovation and Entrepreneurship” to make Telangana the most preferred investment destination in India. As a part of this effort, the govt. is collaborating with industry and premier educational institutes to set up T-Hub as the largest facility for innovation and entrepreneurship in the country.
The government intends to bank on the strong talent pool in the state to nurture the next generation of entrepreneurs. To aid tech start-ups that need financial support, the state is planning to set up a US$ 100-million fund. In addition, the government has conceptualised and initiated Telangana Academy of Skill and Knowledge (TASK) to equip graduates with the required skills to reach their goals.
The Government of Telangana is collaborating with the central government to further propel entrepreneurial activity in the state by providing additional incentives. Hyderabad, with excellent infrastructure, both physical and regulatory, and financial support is a truly world class city. The government is, hence, striving towards making it the innovation capital of the country.
LetsVenture is India’s leading startup investment platform, having helped over 190 startups raise over $85 million in the last 6 years. There are over 25,000 startups on the platform with over 300 new startup applications every month. LetsVenture has over 6500+ angel investors, 130+ family offices and 80 microfunds on the platform. LetsVenture is backed by the likes of Accel Partners, Ratan Tata, Nandan Nilekani, Rajan Anandan, Mohandas Pai and Anupam Mittal to name a few.
For more information, visit: www.letsventure.com
Program Fee: INR 30,000