Peaceful Progress Angel Fund

Overview

Peaceful Progress Angel Fund is a SEBI-registered (AIF CAT-1) angel fund based in Chennai, India, focusing on early-stage investments in technology-led and consumer businesses. The fund seeks visionary entrepreneurs and innovative ideas that aim to disrupt the status quo and drive significant growth. Their investment approach emphasizes a meticulous and thoughtful process, prioritizing careful and considered decisions to ensure sustainable success. The fund's investment strategy targets founder-led, early-stage startups with substantial growth potential, particularly in emerging sectors such as artificial intelligence, machine learning, internet of things, virtual reality, mixed reality, and non-tech startups in the fast-moving consumer goods segment. Peaceful Progress Angel Fund aims to partner with entrepreneurs who are committed to achieving greatness and transforming their industries through innovation and execution tenacity. With a team of experienced professionals, including General Partners Chandrashekar Kupperi, Kamal Kumar Agarwal, Sitaraman Parthasarathy, and Srinivasan Arunachalam, the fund leverages their diverse backgrounds in multinational corporations and active involvement in the startup ecosystem to provide strategic guidance and mentorship to portfolio companies. Their collective expertise spans sectors such as information technology, financial services, FMCG, engineering, and financial services technology, enabling them to offer valuable insights and support to entrepreneurs navigating the challenges of scaling their businesses. Peaceful Progress Angel Fund has announced the first close of its INR 50 crore corpus for early-stage startups, with plans to invest up to INR 3 crore per startup. The fund has co-invested with renowned investors and maintains a strong network of partners to source high-quality deals, ensuring a robust ecosystem for its portfolio companies. Their commitment to nurturing an environment where growth is achieved harmoniously, guided by trust and integrity, underscores their dedication to fostering sustainable and impactful businesses in India.