A consortium of angel investors in Bangladesh—The Angels Network (TAN)—has been launched with Sonia Bashir Kabir as president and Rubaba Dowla as vice president.
Formed in April this year, TAN is currently working with more than 25 angel investors who are sector agnostic and ready to invest in different vertical markets. The consortium is also currently working closely with more than 30 startups and evaluating their solutions, it said in a statement.
Shameem Ahsan, Tahsin Aman and Hamidul Mishbah are the board members of the consortium, according to the statement. “We are passionate about connecting startups to capital and honing management skills of the C level teams of startups we will invest in,” said Sonia.
“Exposing startups to deep tech and ensuring scalability is another area of important focus.”
“Last but not least, those startups which target their solutions to bigger addressable markets will be given preference over startups that address niche markets (less than 20 percent of the population),” Sonia said.
“TAN plans to bring together promising early stage companies and expose them to serial entrepreneurs, high tech executives and other professional investors,” said Rubaba.
“We will primarily spearhead our efforts on providing startups exposure to a large active forum of investors, bringing knowledge and mentoring for each company and execute a pro entrepreneur process with fast go/no-go decisions plus feedback.” “I am very excited about promoting our local startups,” Rubaba said.