Mumbai: Angel investments in business to business (B2B) start-ups have seen an uptick, with B2B investments contributing to 40% of total investments in the 15 months to June 2017, according to a report by venture debt provider Innoven Capital. B2B investments contributed to 25% of total angel investments in the previous year, the report said. The Innoven Capital: India Angel Report takes into account investments made by five major angel groups—Indian Angel Network, Mumbai Angels, The Chennai Angels, Hyderabad Angels and Calcutta Angels. However, total angel investments saw a downward trend in the period with angel investors committing Rs101.1 crore across 54 deals. Lack of clarity around taxation issues and a more cautious investment approach by angel investors are some of the reasons for the slowdown in angel investments, said Sharma.

Source: Mint December 12, 2017 18:33 UTC