IIM Indore Alumni Angel Fund

Overview

IIM Indore Alumni Angel Fund is a private initiative established by alumni of the Indian Institute of Management Indore. The fund focuses on investing in early-stage, tech-enabled startups founded by entrepreneurs based in India, aiming to support ventures building solutions for both the Indian and global markets. The investment committee comprises IIM Indore alumni with experience in venture building and investing. The fund is sector-agnostic and accepts founders from diverse educational backgrounds. Its portfolio includes companies in sectors such as fintech, direct-to-consumer (D2C) brands, consumer technology, software as a service (SaaS), artificial intelligence (AI), and marketplaces. The fund has co-invested with prominent venture capital firms like Nexus Venture Partners, Matrix Partners, RTP Global, BEENEXT, and Y Combinator, among others. IIM Indore Alumni Angel Fund has a track record of supporting startups that have subsequently raised follow-on funding from leading investors, including Peak XV Partners (formerly Sequoia Capital India & SEA), Bertelsmann India Investments, 3One4 Capital, and Blume Ventures. This demonstrates the fund's commitment to nurturing and scaling innovative startups in the Indian ecosystem.

Investment Focus

• Tech-enabled startups
• Founders based in India
• Building for India or global markets