The Global Tamil Angels platform was launched on Monday at the “Global Startup Investors Summit,” co-organized by the Tamil Nadu Startup and Innovation Mission and FeTNA International Tamil Entrepreneur Network.
The platform, hosted by StartupTN, allows Tamil Nadu-based start-ups to connect with potential investors from the global Tamil diaspora.
Start-ups can create a profile on the Global Tamil Angels platform by submitting basic information about their company and upload their pitch deck, revenue model, traction, and fundraising goals. After verification by StartupTN, their profiles will be published on the portal and made visible to investors. Founders can then explore a personalized list of investors based on the sectors in which they are interested in investing and send invitations to start investment discussions.
At the Global Startup Investors Summit, an American Tamil Fund (ATF) was also announced. The ATF, which is made up of investors from the Tamil diaspora in the US, has pledged to invest INR 16 crore (approximately $2.2 million) in Tamil Nadu start-ups before December 2023.
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