BANGALORE: Lured by the prospect of big returns, a number of moneyed Indians are taking lessons on how to invest in startup ventures, an asset class that combines high risk with high rewards. Last week, over two dozen aspiring investors from diverse backgrounds attended a training session in Mumbai where they were taught the nuances

Finance minister P Chidambarams new measures to support the countrys start-up ecosystem, including recognising angel investment, giving CSR status to tech incubators within academic institutions and providing a pass through status for venture capital funds, has struck the right chords. Chidambaram said that angel investors, who currently do not qualify under any category of Securities

MUMBAI: Angel investing – affluent individuals providing capital for startups – has been the preserve of serial entrepreneurs. But increasingly, wealthy businessmen and senior executives from a diverse range of industries are joining them and, in the process, reinventing this high-risk investing segment. Anand Ladsaria, 53, exports spices and fragrances through his company, Everest Flavours.