1Crowd is an equity crowd funding platform
Bengaluru – Feb 10, 2017. RedNewswire/-
1Crowd is an equity crowd funding platform connecting investors with Indian start-ups and early stage ventures. Ganesh Natarajan, chairman of 5F World had invested in Zeve Capsol, the company that operates the 1Crowd platform in his personal capacity.
As part of the deal, Natarajan will join the board of Zeve Capsol, which is working to create an ecosystem for startups and investors.
The company was founded in 2015 by a team of former bankers and private equity professionals, Anup Kuruvilla, Anil Gudibande, Parthasarathi Patnaik, Amit Ratanpal and Natasha Kothari.
1Crowd offers end to end services ranging from deal origination and sourcing, due diligence to deal closure and mentoring. 1Crowd also co-invests in companies that raise capital through its platform.
Ganesh Natarajan said…
“It is a substantial investment, considering it’s going towards the ecosystem and not a specific company and it’s the largest investment I’ve ever made.”
The company is currently in the process of raising its first angel fund which it would use to co-invest in startups that are part of the crowdfunding platform, or part of the incubator or accelerator. It currently has over 500 members and has invested in about 10 companies.