Digital Futurists Angels Network (DFAN) announces co-investing partnership with Solis Capital and Ventures Pvt. Ltd. (SCV), with a plan to co-invest and deploy a corpus of 100 Crores (INR) over the next four years.
Speaking at the occasion, Mr. Mohit Arora, Co-Founder, Director & CFO – DFAN said, “DFAN’s process and due diligence is 24 Carat Gold Standard. Industry-agnostic with a leaning to technology, every start-up we decide to fund has been a promising investment. In pursuit of aggressive growth, we are not diluting the quality of the value we offer our investor network, along with giving our members opportunities to earn and learn. This corpus that Solis brings, will further strengthen our mission to add value to our ecosystem and enhance our outreach to worthy start-ups.”
Commenting on the collaboration, Mr Sachin Manchanda, Founder & Director, Solis Capital and Ventures said, “As a serial entrepreneur with over 20 years in business leadership, I am a big believer in hyper growth & sustainable business models. Partnering with the DFAN towards investing in start-ups with a technology focus, is a natural decision because of their strengths in evaluation and due diligence that translates into qualitative and balanced investing decisions. The success rate of DFAN’s investments is poised to be higher than other angel networks and hence am happy for SCV to join hands with DFAN and further their investments in technology start-ups including the growing space of Real-tech. With this MoU we are declaring our plan to co-invest and deploy this corpus of 100 Crores (INR) over the next four years.”
ABOUT Digital Futurists Angels Private Limited (DFAN)
DFAN is a global community-backed angel network and our priority is ‘Value Creation’. DFAN was formed with a vision to help, nurture & grow start-ups and participate in their growth and success. Our investment thesis is sector-agnostic, focused on Technology (both tech-led or tech-empowered) with a play in B2B and B2B2C as well as B2G.
Headquartered in Gurgaon, DFAN is supported by a vibrant and rich Digital Futurists (DF) community of some of the smartest minds globally, pushing the envelope on bleeding-edge technologies like AI, Blockchain, IoT, Industry 4.0, Robotics, Computer Vision etc. The curated community fosters collaboration, mentorship, investments, learning across disciplines and scaling; and is spread across 20 cities and spans 4 continents.