Investing in start-ups can be rewarding: Here's how you can place a bet

Invest directly if you want to get involved. Opt for a fund if the investment is only for financial gains

Wealthy Indian investors are increasingly looking at opportunities to get involved in start-up companies. And they have started investing directly in companies that have established their businesses or could go for an initial public offer (IPO) over the next few years. “Typically, they are looking at companies that have secured at least Series B funding,” says Srikanth Subramanian, senior executive director, Kotak Wealth Management. The Series B round generally takes place when the company has accomplished certain milestones and is past the initial start-up stage.

Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For