Updated: Feb 10
Angel investors are high net worth Individuals (Bigshots) willing to back the Potential Startups and fresh Entrepreneurs with their financial assistance in exchange for ownership in the company in the form of Equity shares.
The money raised from Angel investors are often used to carry regular business operations like procurement, Salaries and rent etc.,
Angel Investors are often attracted to Startups with good Traction and the capability of providing good returns.
Ratan Tata investing in Upstox.
Katrina Kaif investing in Nykaa.