We plan to invest $1.5m more this year: Mahavir Sharma, RAIN

Mahavir Pratap Sharma, chairman, RAIN Source: Company

After investing in around 9-10 startups, Rajasthan Angel Investor Network (RAIN) is now looking at investing outside India. The angel network has already initiated the process and is in talks with angels and funds abroad. RAIN also participates in further round of its portfolio companies, Mahavir Pratap Sharma, its chairman said in an interaction. Recently, it invested in online media company Blue Box Media Pvt Ltd in its second round of funding. Sharma is also the founder of Oscar Exports, a company which exports silver jewellery, woolen carpets and carved furniture. He is also the founding member and past president and trustee of TiE Rajasthan. Edited excerpts:

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