TiE SoCal Angels raised over 1 million dollars to help Startups Businesses

Los Angeles, California, August 4, 2020
NRIpress.com/ Ramesh/ Gary Singh

.TiE SoCal is pleased to announce its first members-only fund, TiE SoCal Angels Fund 2020. This fund was initiated at the request of the members of TiE Southern California to provide diverse investment opportunities for our members and strategic capital for early-stage companies.

The TiE SoCal Angels Fund 2020 raised over 1 million dollars from TiE SoCal Charter Members. At this time, we are soliciting
Businesses in HealthTech, Retail, Data Science, Application Software/SAAS, and Supply Chain/WH & Distribution, but we are open to looking at other opportunities too.

The fund will be making $50,000 to $250,000 in investments in the selected Startups. The streamlined process of identification, due diligence enables us to provide a funding decision within four weeks of the company’s presentation at our monthly pitching event, which is on the 3rd Wednesday of every month. TiE SoCal angels organizes a 1-hour presentation for eligible companies every month.

Navneet Chugh, Vijay Kotrappa, Venkat Tadanki, Shankar Ram, and Anshuman Sinha are the members of the Board. Pictures of the TiE SoCal Angels Members of the Board

Navneet Chugh	Vijay Kotrappa	Venkat Tadanki	Shankar Ram	Anshuman Sinha

For questions on the TiE SoCal please contact Anshuman Sinha, President of TiE SoCal 2020-2021 at President@Socal.tie.org  or reach out to the Executive Director at Executive.Director@socal.tie.org  and for questions about the fund, please contact Shankar Ram, TiE SoCal Angels Chair at  shankar@tiesocalangels.com

About TiE SoCal - https://socal.tie.org/ - Southern California Chapter was founded in 1997 as the first Chapter outside Silicon Valley. It was founded to inspire, foster, and support entrepreneurship in Southern California. Professionals with aspirations to start a business venture, learn from other entrepreneurs, or working with startups or in an entrepreneurial company gain access to invaluable educational, networking, and partnership opportunities through TiE.

About TiE Global - The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. The mission of TiE is to foster entrepreneurship globally through the five pillars of TiE: mentoring, networking and education, funding, and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community. TiE’s focus area is to generate and enable the next generation of entrepreneurs.
TiE Global is the largest non-profit organization and has a fantastic networking effect. TiE connects the entire entrepreneurship ecosystem from early-stage entrepreneurs, serial entrepreneurs, professionals at leading corporations, venture capital, angel investors, thought leaders, among others. The organization emphasizes the spirit of giving in all aspects of their work.

There are currently 15,000 members (including over 3,000 charter members, mentors & investors) in 61 chapters across 14 countries.