Chennai Angels, Native Angels in pact to co-invest in startups
The Chennai Angels (TCA) and Native Angels Network (NAN) signed an agreement to co-invest in start- ups across Tamil Nadu. Both angel networks will coordinate and plan common pitch sessions on a case-to-case basis. They intend to not only fund but also mutually support start-ups for select activities. The intention is to ensure that Tamil Nadu based start-ups get a wider reach to a larger number of investors that are relevant to their industries.
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