NEW DELHI: In keeping with its commitment to support early-and growth-stage startups, Indian Angel Network has signed an MoU with Caspian Debt .

As part of the MoU, the two parties will also be responsible for organizing knowledge exchange and cross referrals for the IAN and Caspian portfolio companies.In a statement, Padmaja Ruparel , co-founder at IAN said, “Currently, India is home to more than 30 unicorns.

Through the concerted efforts of key industry players and the Government, India has the potential to ramp this number up to 50 within the next half-decade.

Our partnership with Caspian Impact Investments is a step in this direction.”Avishek Gupta, Investment Director Caspian Debt, in a statement said, “In partnership with the IAN, we hope to further Caspian Debt's goal to ensure that no professionally managed start-up goes without debt funding required for scaling.

We look forward to a great mutually rewarding partnership and positively influencing the startup ecosystem of the country.” | To read full story, visit https://startuparound.com/read/1578902405.655945/IAN-collaborates-with-Caspian-Debt-to-support-innovation-in-India?ref=audio_experience