Cross Border Angels & Investors organised its first Semi Annual Investor meet on the 29th January 2016 in the majestic Mansion of Hotel Four Seasons in Mumbai. The event saw attendance from over 50 investors of CBA across Asia &Europe , that included HNIs, Family Offices & Seed Funds, who have been a part of this network for the past 18 months. The objective of the event was to brief members on the investments made by CBA in the year gone by, as well as share the initiatives &opportunities for the coming year.
The eveningwas opened by an address by Mr. Kaushal Chokshi, Chairman, Scaale Group who briefed the audience on how CBA is redefining the rules of investment by quoting some marquee transactions that CBA closed from investors from different ecosystems. The CBA Team then shared its plans for Monthly Pitching events - Pitch2CBA - that will be organised in all the top cities to identify the best startups across the country. This was followed by unveiling Scaale's Grand 20-city Startup India Rocks & 40-city Startup World Rocks plan, which will be our first International Startup event.
With a view to evangelise investments from pockets in India & help them coinvest with overseas investors, CBA shared their plans to launch country specific investment vehicles to enable domestic investors get an opportunity to invest with marquee investors internationally in pre-screened growth companies in the respective country.
The event was supported by Voxlaw, CBA's legal partners who shared the importance of Due Diligence & also the legal and taxation support offered by them to investors, while closing transactions. They touched upon the various structures available for making an investment & also the guidelines towards the same.Amey, Partner Voxlaw advised that "While making an investment, it is critical to know that the startups have their tax and legal systems in place from the regulatory aspect".
CBA used this opportunity to launch its global mentor program IMentor.cowhich connects startups with relevant mentors who can assist them with their experience, expertise & their network. CBA also launched its mobile app which will lead to closer engagement between members & entrepreneurs.
Sharing his experience with CBA, Mahesh Kothurkar, Angel Investor spoke "Angel investments is a specialized subject and there are several books written on it. But with CBA it has been a great journey for me personally & as an investor".
CBA's strategic partner for investors, Apoorva Vora, Founder-Finolutions felt "It was a seamless experience for us to integrate our network & investor needs into CBA's as there was a complete synergy in the eco-systems that we work with together."
Pranav Shah, part of Sterlite's Investment Arm& a CBA member shared that "It is great to be a part of the CBA network. The team specifically curates the deals that are inline with your interest areas and that helps in choosing the ones that fall in your interest areas".
With a promise of great deals, diverse members & engaging events, the Investor dinner ended on a High Note, setting the tone for an exciting 2016 !
Four Seasons Hotel Mumbai,
Plot no 1/136, Dr. E Moses Rd,
Worli, Mumbai - 400 018