Keiretsu Indian Expansion

The world’s leading angel investor network with over 2,500 investors, Keiretsu Forum, is opening its Mumbai chapter, the third such centre in India. In an interview with BusinessLine, Judith Iglehart, President, International Division, Keiretsu Forum, talks about how the large intellectual capital base in India is driving investments across the globe. Edited excerpts:

The average investment size is between $150,000-$200,000. About 25 companies have got funded so far. But our membership is limited because we are still new here. Once we hit about 100-150 numbers, the deal sizes could become larger and even the pool of investment will grow. At least half of these investments are in US-based companies and all these investors are from Chennai. We are not just focussed on IT. We fund everything as long as they meet our benchmark. As per the recent global rankings, Keiretsu Forum and Keiretsu Capital are the top two active investors during the third quarter of 2016. During 2015, the forum invested in over 130 start-ups worth $71 million. Since 2000, it has invested a total of over $800 million.