The Chennai Angels ties up with Native Angels Network
The Hindu
The Chennai Angels (TCA) has struck a deal with the Madurai-based Native Angels Network (NAN) to co-invest on start-ups across Tamil Nadu. As per the agreement, the two will coordinate and plan common
The Chennai Angels (TCA) has struck a deal with the Madurai-based Native Angels Network (NAN) to co-invest on start-ups across Tamil Nadu. As per the agreement, the two will coordinate and plan common pitch sessions on a case-to-case basis.
They intend to not only fund but also mutually support start-ups for select activities.
“The game plan is to ensure that State-based start-ups get access to a large pool of investors,” said R. Sivarajah, founder and CEO of Native Angels Network.
Around 440 MBBS graduates of 2021 are not required to undergo one year of compulsory rural service as per the bond signed by them while joining the medical course through government-quota seats in 2015 as the High Court of Karnataka has said the law, enacted in 2012 for mandatory rural service, remained unenforced for 10 years as it was published in the official gazette only in July 2022.