The SME Times

Lead Angels inks MoU with Sri Aurobindo Society

New Delhi, August 28, 2019: Unique partnership to catalyze structured, early-stage investing in EdTech ventures with

Edupreneur Village – a Sri Aurobindo Society initiative 

Lead Angels, one of India’s leading angel networks today announced inking of a MoU with Sri Aurobindo Society (SAS) for its initiative Edupreneur Village (EV) to catalyze structured, early stage investing in EdTech startups. The partnership is being flagged off with The Edupreneur Village Challenge: The Final Battle that is taking place on 31st August at The Leela Ambience, New Delhi. There are more initiatives in the offering under the partnership.

Commenting on the collaboration, Sambhrant Sharma, Director- Education, SAS, said, “Sri Aurobindo Society is known for its education initiatives and is now proactively encouraging EdTech entrepreneurs through investments by Edupreneur Village. We are elated to partner with Lead Angels for early stage investing in startups focused on Education technology in identifying and supporting promising ventures.”

In his comments, Sushanto Mitra, Founder & CEO, Lead Angels, said “The MoU is a landmark for the Indian start-up ecosystem in that it brings a vast and powerful network with a global footprint into early stage investing. I Would like to profusely thank the executive committee at Sri Aurobindo Society for their foresight and conviction in going infor the partnership, which is a win-win for all parties involved. We look forward to playing a collaborative role with EV in nurturing & world class EdTech startups”.

The Final Battle is a first-of-its-kind EdTech investment event in India. Modelled on the lines of Shark Tank, it will have 12 super curated seed-stage EdTech Startups (finalized from 1100+ Investment Applications), made investment-ready after a rigorous 10-month process. The selected startups will pitch for investment in front of a high powered panel of judges on stage, 50+ Investors on couches as well as 300+ Startups who want to witness the process.

Corporate Comm India(CCI Newswire)

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