As part of this partnership, OurCrowd will offer curated deals to Indian investor syndicates managed by LetsVenture, as well as showcase Indian startups on OurCrowd’s platform, giving selected Indian startups access to accredited investors globally and to business development opportunities.
OurCrowd and LetsVenture will be also be collaborating on an “India Fund” to invest in Israeli, Indian and global startups. The investment into this fund would primarily be from family funds and HNWIs in India and OurCrowd’s global network of accredited investors.
Leveraging LetsVenture’s domestic network, OurCrowd will offer Indian corporates access to the Israeli innovation ecosystem.
Founded by Shanti Mohan, CEO, LetsVenture is a tech platform that provides personalized recommendations, stealth access and analytics on syndicates. To date, it has enabled 105 startups to raise $42M in funding online. It leverages machine learning based, neural network intelligence to enable investors and startups to connect, and chat on the go. LetsVenture also open sources all documents startup related, from Founders agreement, advisory and esop agreements, to term sheet, SHA and SSA, in order to support the drive towards informed governance (download them here).
Led by Jon Medved, CEO, OurCrowd is a global equity crowdfunding platform for accredited investors. OurCrowd vets and selects opportunities, invests its own capital, and brings companies to its accredited membership of global investors. It also provides post-investment support to its portfolio companies, assigns industry experts as mentors, and takes board seats. The OurCrowd community of almost 20,000 investors from over 112 countries has invested over $450M into 120 portfolio companies and funds. The firm already has thirteen exits to date, two IPO’s and eleven acquisitions.