- Date : 28/06/2021
- Read: 11 mins
We often come across news items on various platforms on how an individual made mega returns on their start-up investment. It makes us wonder whether we can also make such returns on our investments. The answer is yes, we can – through angel investing. In this blog, we will understand how you can become an angel investor and ascertain the right types of businesses to invest in, along with the risks involved and the potential returns.
Anupam Mittal, the founder and CEO of People Group (Shaadi.com, Makaan.com, etc.) co-invested approximately Rs 1 crore along with Rehan Yar Khan in Ola Cabs in 2011. Three years later, in 2014, Ola raised $210 million from SoftBank. During this funding round, Mittal’s stake in Ola was valued at Rs 25 crore. He multiplied his investment in Ola by 25 times in just 3 years. This is the potential return that private investment or angel investments in start-ups can give! On the other hand, however, you need to remember that around 90% of start-ups fail. You need to play smartly and safely to be in 10% that succeeds. So, with some start-ups giving such exponential returns in a short while, while such a high percentage of start-ups failing in the first couple of years of starting a busin...
To read the full story