Indian Angel Network Global Startup Presented by Babson College

IAN Global Startup Competition

Take Your Startup to the Global Stage

The Blank Center is pleased to present the Indian Angel Network (IAN) Global Startup Competition to the Babson community.

The Opportunity: Pitch For A $250,000 Equity Investment from Indian Angel Network

Babson students, alumni, faculty, staff, and parents from around the world were invited to apply to pitch their startups ready for angel funding to IAN.

Spext was announced the winner of the IAN Global Startup Competition on Saturday, December 15, 2018. Pitched by Anup Gosavi MBA’13 live in the virtual finale, Spext is an all-in-one platform to make your recorded voice content useful faster.

The other two finalists were cleancult, pitched by CEO and co-founder Ryan Lupberger ’18, and GreenSole, pitched by CEO and co-founder Shriyans Bhandari MS’16.

Please note: The final investment decision was made by IAN. The decision was based on IAN's due diligence, including their review on the team, market, and product after the competition finale, as well as the potential for additional funds from IAN investors.

Frequently Asked Questions

Who can apply?

Babson students, alumni, faculty, staff, and parents from around the world are invited to apply to pitch their startups ready for angel funding. At least one of the founders must have this type of connection to Babson.

What are the important deadlines and timing for the finale?

Call for applications: Monday, September 17, 2018
Last date to submit applications to IAN: Thursday, October 25, 2018

After the close date, IAN will be reviewing applications. IAN will be in touch directly should the team need additional information to evaluate your submission. The virtual finale will be on Saturday, December 15, 2018.

Does it matter what industry my startup is in?

Startups from any industry are welcome to apply.

Who is reviewing the applications and making the decision?

IAN will receive and review the applications and make all decisions related to the competition. If you are invited to the finale, you will prepare a pitch presentation which you will present to the IAN investors. Finalist teams will receive expert coaching and mentorship from IAN.

Where will the finale be held?

The pitch competition will be held virtually and live streamed on Saturday, December 15, 2018.

What is the opportunity?

The opportunity is to pitch for an equity investment of at least $250,000 USD by IAN. The final investment decision will be made by IAN. The decision will be based on IAN's due diligence, including their review of the team, market, and product after the competition finale, as well as the potential for additional funds from IAN investors.

Who is IAN?

IAN is the world’s largest and India’s first business angel network. Learn more about the Indian Angel Network »

Who can I contact with questions?

For specific questions regarding application criteria, please email Dhruv Ranjan, manager, IAN. For any other questions, please email the Blank Center.

The Indian Angel Network (IAN) is not affiliated with or endorsed by Babson College. IAN is solely responsible for the Global Startup Competition. Neither Babson College nor any of its employees will assume responsibility of any kind relating to any investment decisions or actions undertaken by IAN or any of its affiliates. Babson College makes no representations or assurances regarding any potential investors or backers. Applicants are solely responsible for reviewing, vetting, and evaluating any investment decisions and are strongly encouraged to seek legal counsel and other professional advice before entering into any business transaction.

About the Indian Angel Network

The Indian Angel Network (IAN) is India’s first and the world’s largest business angel network with close to 500 members around the world. Started in April 2006, the network is comprised of successful entrepreneurs and dynamic CEOs keen to invest in early-stage businesses which have potential to grow. IAN, in addition to funding, provides constant access to high-quality mentoring, vast networks, and input on strategy as well as execution. The network has funded startups across seventeen sectors in India and made investments in seven other countries growing global footprint companies. Some of its marquee investee companies include WebEngage, Druva, Box8, Sapience Analytics, WOW Momos, and Consure, among many others.