The Sedibus, a startup ecosystem platform in Andhra Pradesh and Telangana, has signed a Memorandum of Understanding with Indian Angel Network (IAN) to identify potential startups for funding. The MoU was exchanged between Deepa Balasubramanian, Chief Executive Officer, The Sedibus, and Digvijay Singh, Chief Operating Officer, IAN.
The Sedibus is an undertaking of Malaxmi Group working to create robust and sustainable innovative entrepreneurship. It offers end- to-end support and handholding to the emerging startups across sectors. The firm offers incubation, accelerator program, networking, mentorship, industry access, go to market, investor connect, and investment to the promising startups.
The IAN is a large network of Angel investors keen on investing in early stage businesses which have potential to create value and fuel active synergies. The members of the IAN network are known leaders in the entrepreneurial eco-system and have strong operational experience as CEOs or a sound background to create new and successful ventures.
The Sedibus will work with the IAN to identify potential startups and create cross interaction for funding.
