STARTUPS
Angel investor Anand Chandrasekaran to awareness on investee organizations

File photo. Anand Chandrasekaran plans to spend the next couple of months helping companies, in which he has invested in the capacity of an angel investor, with product and business advice and spending time with them. Photo: Sonu Mehta/HT

Record photo. Anand Chandrasekaran plans to spend the subsequent couple of months helpingcompanies, wherein he has invested in the capability of an angel investor, with product and commercial enterprise recommendation and spending time with them. photo: Sonu Mehta/HT
New Delhi: Former Snapdeal and Airtel executive Anand Chandrasekaran has handpicked a portfolio of over a dozen startunited states of americaduring the last three years, making him one of the most energeticangel investors from Silicon Valley operating in India.

The Gurgaon-primarily based govt plans to spend the subsequent couple of months assisting agencies,wherein he has invested within the ability of an angel investor, with product and business advice and spending time with them.

Chandrasekaran, the former leader product officer at online e-commerce firm Snapdeal, quit final week to start his very own undertaking. He was hired by Snapdeal, run by means of Jasper Infotech Pvt. Ltd, in June final year.

Chandrasekaran invests $25,000-50,000 according to enterprise and has invested in approximately 15beginu.S.in India in addition to in the Silicon Valley considering 2013. However, maximum of his investments have taken region in the remaining 12-15 months.

His recent investments consist of Innerchef, one of these uncommon meals tech beginunited states of americathat have survived, on-line healthcare firm Pluss, online courting platform Aisle and cellphone firmCreo, amongst others.

“I have a look at the concept and the entrepreneur. Even though I’m area agnostic, I have preventedfirms working in the offline space. Era is some thing I understand and might upload value to tech start-ups,” stated Chandrasekaran. He prefers to wager on 2dera marketers.

Chandrasekaran is close to making an investment in every other 4five early-stage beginusain the next60 days.

Artificial Intelligence, easy tech and fin-tech are a number of the areas I find interesting,” addedChandrasekaran.

a number of the startu.S.in Chandrasekaran’s portfolio have already raised collection A and B investment. “They’re anticipated to generate returns of about 8-10x,” he delivered.

Chandrasekaran were given in early into Audeze, a headphone-maker primarily based in L. A.. Thebusiness enterprise later raised strategic capital from Warner Tune.

Indee.tv, a comfortable distribution platform for leading movie and television studios, went on to elevatebudget from Kalaari Capital.

Earlier than Snapdeal, Chandrasekaran co-based Aeroprise, a personalized cell programs software program agency that changed into acquired by means of BMC software Inc. In 2011.

Earlier than becoming the chief product officer at Snapdeal, Chandrasekaran held the equal designation at Bharti Airtel Ltd. He also served as senior director, seek merchandise, at Yahoo Inc. inside the Silicon Valley.

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