APAII launched with 30+ angel funds to strengthen early-stage funding for startups

More than 30 angel funds, family offices, micro VCs and individual investors have joined hands to form the Association of Prolific Angels in India (APAII), aimed at strengthening domestic early-stage capital and creating a unified voice for the sector. The national body seeks to expand India's angel investor base to 1 million and position the country as the world's largest unicorn hub over the next two decades, a statement said on Wednesday. APAII will also act as a regulatory and operational br