Investments, News

Angel Prime launching business incubation for digital start ups

In yet a good news for the digital start ups and entrpreneurs in India, Angel Prime, a business incubator led by seasoned serial entrepreneurs is set to launch and spark the concept of business incubator in India. Angel Prime, initiated by the three veteran serial entrepreneurs, Shripati Acharya, Bala Parthasarathy and Sanjay Swamy, the focus of the company is to guide new entrepreneurs to start a business and train them to be successful in the industry. The three main sectors where Angle Prime will be training entrepreneurs are Mobile Payments, Ecommerce and Smartphone &Tablet based Apps.

The prime aim of the venture is to focus on the requirements of the Indian business community with the objective of filling in the gaps that currently exist in the Indian start-up ecosystem.

In an interaction with iamwire, the company said “India is at the threshold of a significant inflexion point in widespread adoption of internet and ecommerce in consumer, small business and enterprise. New entrepreneurs who are looking to exploit these opportunities need to use the ‘Lean Start-Up’ model. To quickly build, prototype, tune and sometimes discard products and business models. Angel Prime provides the required support system and mentoring to new entrepreneurs”.

Angel Prime led by three veteran serial entrepreneurs Shripati Acharya, Bala Parthasarathy and Sanjay Swamy, who have a proven track record of launching and scaling very successful companies in India and the USA from scratch to over $1B in total revenue started the business incubator Angel Prime in India. They quickly raised the first round of capital to invest in their companies from a set of marquee investors.

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