Lead Angels, an alumni-focussed angel network, will back up to half a dozen startups more this year, its chief executive Sushanto Mitra said. The angel network has companies like Hyderabad-based food delivery startup TinMen, merchandising startup Planet Superheroes, diagnostics tests booking platform MyLabYogi and online cleaning startup TimeMyTask in its portfolio. Before founding Lead Angels, Mitra, with 15 years experience in the early-stage investment ecosystem, was associated with Hyderabad Angels. Lead Angels focuses on investing in companies founded by students and alumni of premier institutions. Currently, Lead Angels has chapters in Mumbai, New Delhi, Bangalore, Ahmedabad and Hyderabad. In a chat with DEALSTREETASIA, Mitra talks about his plans and investment strategy. Edited excerpts.
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