Financial Investors Group
Atrium Angels micro VC fund looks to back startups with ISB founders
26 Aug 2021
Micro VC funds are becoming more and more common in the Indian startup ecosystem. Now three graduates from the Indian School Of Business (ISB) are joining the brigade with Atrium Angels. Abhishek Nag, director of business development at Netflix; Umang Kumar, cofounder and president at CarDekho; and Varun Laul, head of digital and technology investments at Investcorp India have come together to launch the early-stage sector-agnostic micro VC fund.
The fund, with an undisclosed corpus, will provide pre-seed and seed-stage capital to startups where at least one cofounder is an Indian School of Business alumnus. ISB has campuses in Hyderabad and Mohali in India. OfBusiness, LivSpace, MindTickle, MyGate, boAt, 91mobiles, Moglix, Lendingkart, mGinger, Nearbuy, MoneyTap, LaurusLabs, Postman, Navia, InMobi, Wakefit, Leverage Edu, and UpGrad are among the startups that have founders from ISB.