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Mr. Raghav retired as CEO of a well reputed IT company after having worked for 40 years in USA. He returned to India with a desire to encourage entrepreneurial ventures in IT sector. He was approached by Nitin, a budding entrepreneur in IT sector whose venture was in a start - up stage and was falling short of funds. Apart from investing funds, Mr. Raghav also provided proactive advice, guidance and industry connection and thus, simultaneously helping them in raising high returns on investment. Identify and explain the source of raising finance used by Nitin.

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CBSE/Class 12/Commerce/Entrepreneurship Tuition/Class XI-XII Tuition (PUC)

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Industry connection.
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Mathematics Teacher

Angel Investor, Business angel or angel investor, is an affluent individual who provides capital for a business start-up and early-stage companies having a high-risk, high-return matrix usually in exchange for a convertible debt or ownership equity.
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Angel funding.
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