Mumbai-headquartered Tapaswi Group Ventures has announced the launch of the Billennium Divas Angel Fund, in collaboration with Navi Mumbai Angel Network (NAMAN). Dedicated to women entrepreneurs and women-centric startups, the angel fund was soft-launched last week at the FICCI ‘Road To GES’ by actress Shilpa Shetty Kundra, Maharashtra State BJP spokesperson Shweta Shalini and South Indian film actress and producer Vishakha Singh.
As per the official statement, the angel fund is the second in the country targeted at women and founded by a women angel syndicate after the SAHA fund.
The Billennium Divas Angel Fund is geared towards encouraging and empowering women entrepreneurs in Maharashtra. Speaking at the launch, Maharashtra State BJP spokesperson Shweta Shalini stated, “According to Impact Alpha Special report, India’s 650 Mn women, from farmers and artisans in rural India to urban entrepreneurs and advocates, are the key to meeting all of the global goals for 2030, and especially Sustainable Development Goal. We need to achieve gender equality and empower all women and girls.”
As part of the Billennium Divas Angel Fund launch, Tapaswi Group Ventures also announced their upcoming Startup Investors Summit 2017 in Mumbai. The first in a series of national-level summits, the event will bring together more than 100 speakers, 500+ startup investors and up to 1,000 startups from across the globe.
Among the dignitaries that will be attending the summit are Devendra Fadnavis, Honorable Chief Minister of Maharashtra; Sambhaji Patil Nilangekar, Minister of Labour and Employment, Skill Development and Entrepreneurship, Government of Maharashtra; Anirudh Damani, Managing Partner at Artha Venture Fund and Sanjay Mehta, Angel, PE Investor and Director CORE Media, among others.
The objective of the Startup Inventors Summit is to increase the number of angel investors and facilitate the growth of more startups in the country.