Two Tamil Nadu angel networks join hands to fund startups in the state

Both networks will coordinate and plan common pitch sessions on a case-by-case basis, will also support startups in select activities

Two angel networks based out of Tamil Nadu, the Chennai Angels (TCA) and Native Angels Network (NAN), have joined hands to invest in startups based in the state.

Both networks will coordinate and plan common pitch sessions on a case-by-case basis. The networks will not only fund but will also mutually support startups for select activities. The intention is to ensure that Tamil Nadu-based enterprises reach out to a larger number of investors relevant to their industries.

K Chandran, chief executive officer, The Chennai Angels said, “The coming together of two of the largest leading angel networks in Tamil Nadu is certainly