<p>Venture capital consortium Indian Angel Network (IAN) is planning to invest over Rs 100 crore in start-up firms across sectors in 2021, according to a governance committee member and co-founder of the network.</p>.<p>IAN co-founder Padmaja Ruparel told <em>PTI</em> that the consortium members will evaluate opportunities in biotechnology, augmented reality, manufacturing and in environment space.</p>.<p>"We will invest and we will exit both, and we will give returns. I think we will do much better than what we have done this year. I think more than Rs 100 crore we should look at," Ruparel said.</p>.<p>IAN has invested in start-ups like FarEye, Fab Alley, HungryZone, Staqu etc. In 2020, IAN exited 3-4 companies after registering 15 times growth on the invested capital.</p>.<p>Ruparel said that IAN is present in different segments including in healthcare, biotech, med devices, and wellness.</p>.<p>"I think the other piece is anything driven by data and Analytics. Anything driven by brand, IT. What we are looking at is innovative ideas with good entrepreneurs," Ruparel said.</p>.<p>She said that the world is looking at India for growth and investment in Jio Platforms during the Covid-19 pandemic is a testament to this very fact.</p>.<p><strong><a href="https://www.deccanherald.com/state/top-karnataka-stories/rajnath-singh-links-startups-with-indias-strategic-military-advantage-948062.html" target="_blank">Read | Rajnath Singh links startups with India's strategic military advantage</a></strong></p>.<p>Jio Platforms raised a total of Rs 1.52 lakh crore from companies such as Facebook, Qualcomm Ventures, Google etc in mid-2020, when Covid-19 cases were rising every day.</p>.<p>"We will see innovation and entrepreneurs catering to problems in India or catering to solutions for India. I think these solutions will also be applicable for global problems," Ruparel said.</p>.<p>She said that the environment for investment in the country has improved to a level where US-based start-ups have also started raising funds from India.</p>.<p>"To me 2021 looks very interesting. I think what 2020 has done will obviously impact 2021, also but we will continue to invest at the same pace or I would say higher pace actually. I think a lot of the new areas will come up. The reality is that onlines and technology are now here to stay," Ruparel said.</p>.<p>IAN funded about Rs 100 crore in 45-50 companies in 2020, she said.</p>
<p>Venture capital consortium Indian Angel Network (IAN) is planning to invest over Rs 100 crore in start-up firms across sectors in 2021, according to a governance committee member and co-founder of the network.</p>.<p>IAN co-founder Padmaja Ruparel told <em>PTI</em> that the consortium members will evaluate opportunities in biotechnology, augmented reality, manufacturing and in environment space.</p>.<p>"We will invest and we will exit both, and we will give returns. I think we will do much better than what we have done this year. I think more than Rs 100 crore we should look at," Ruparel said.</p>.<p>IAN has invested in start-ups like FarEye, Fab Alley, HungryZone, Staqu etc. In 2020, IAN exited 3-4 companies after registering 15 times growth on the invested capital.</p>.<p>Ruparel said that IAN is present in different segments including in healthcare, biotech, med devices, and wellness.</p>.<p>"I think the other piece is anything driven by data and Analytics. Anything driven by brand, IT. What we are looking at is innovative ideas with good entrepreneurs," Ruparel said.</p>.<p>She said that the world is looking at India for growth and investment in Jio Platforms during the Covid-19 pandemic is a testament to this very fact.</p>.<p><strong><a href="https://www.deccanherald.com/state/top-karnataka-stories/rajnath-singh-links-startups-with-indias-strategic-military-advantage-948062.html" target="_blank">Read | Rajnath Singh links startups with India's strategic military advantage</a></strong></p>.<p>Jio Platforms raised a total of Rs 1.52 lakh crore from companies such as Facebook, Qualcomm Ventures, Google etc in mid-2020, when Covid-19 cases were rising every day.</p>.<p>"We will see innovation and entrepreneurs catering to problems in India or catering to solutions for India. I think these solutions will also be applicable for global problems," Ruparel said.</p>.<p>She said that the environment for investment in the country has improved to a level where US-based start-ups have also started raising funds from India.</p>.<p>"To me 2021 looks very interesting. I think what 2020 has done will obviously impact 2021, also but we will continue to invest at the same pace or I would say higher pace actually. I think a lot of the new areas will come up. The reality is that onlines and technology are now here to stay," Ruparel said.</p>.<p>IAN funded about Rs 100 crore in 45-50 companies in 2020, she said.</p>