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Ex-CPO Of Snapdeal Anand Chandrasekaran Plans To Invest In 6 Start-Ups

(Image Credits: lifehacker.com)

27 Jun. 16, NEW DELHI: Ex-CPO of Snapdeal Anand Chandrasekaran, who left Snapdeal a month ago, announced his plans of investing in 6 start-ups.

Chandrasekaran is an active angel investor in Indian startups since almost a year and a half and invests about $25,000 (Rs 17 lakh) in each entity.

According to sources and reports by ET, Chandrasekaran said, “I got into angel investing to learn about new exciting areas where start-ups are setting up companies. If I purely follow what other people are doing, I would rob myself of opportunities. I started getting a lot of folks writing in to me. It all started very informally, serendipitously.” Chandrasekaran however refrained from commenting about the amount of capital he has invested in start-ups.

These 6 start-ups include:

Truce: A venture that provides farm to fridge delivery of fresh products

MagicX: a chat enabled AI platform which strives to personally assist you with your daily tasks.

Lucideus: an IT Risk Assessment and Digital Security Services provider

LoanCircle: A P2P lending startup

Lernr: An Edtech Start-up

Rupeek: An online lending platform.


Image: lifehacker.com


Also Read: Snapdeal Chief Product Officer Anand Chandrasekaran Exits

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