Ludhiana Angel Network (LAN) is a group of investors who provide financial support, mentorship, and guidance to early-stage startups. We aim to nurture entrepreneurship in Ludhiana and surrounding regions by connecting innovative startups with experienced angel investors.
We welcome applications from early-stage startups in any industry that demonstrate innovative solutions, a scalable business model, and a capable team. Our focus is primarily on startups in the Ludhiana region, but we consider applications from across India.
LAN typically invests between ₹10 lakh to ₹1 crore in startups, depending on the business’s needs, stage, and potential for growth .
You can apply for funding by submitting your business plan through our application form on the LAN website. Once submitted, our team will review your proposal, and if shortlisted, you will be invited to pitch your idea to our investors.
After submitting your application, it will undergo an initial screening by our team. If your startup aligns with LAN’s investment criteria, you will be invited to present your business to our network of angel investors. Post-presentation, if there’s investor interest, we will initiate discussions for funding.
LAN is sector-agnostic and considers startups across various industries, including technology, manufacturing, healthcare, consumer goods, and more. Our focus is on innovation, scalability, and the ability of the startup to solve a real-world problem.
Yes, in addition to financial investment, LAN investors provide mentorship, business connections, and strategic guidance to help startups grow and succeed in their respective markets.
To join LAN as an investor, you need to express your interest through our investor registration form. Once reviewed and approved, you will become part of the network and can participate in startup pitches, discussions, and investments.
While there is no strict minimum investment, LAN typically expects members to invest between ₹5 lakh to ₹50 lakh annually, depending on the opportunities and their individual capacity.
LAN hosts regular pitch sessions every quarter where shortlisted startups present their business ideas to our network of investors. Additional sessions may be organized based on demand and the flow of high-potential startups .
Yes, while our primary focus is on fostering local startups from Ludhiana and Punjab, we are open to considering applications from promising startups across India. .
LAN members typically receive equity in the startups they invest in, which allows them to participate in the company’s growth. The network is focused on nurturing startups that have the potential for high returns in the future.
LAN evaluates startups based on several factors including the team’s experience, market potential, innovation, scalability, competitive advantage, and financial projections.
No, there is no fee for applying to LAN or pitching your startup to our network.
The timeline for funding varies depending on negotiations and due diligence. Typically, it takes 2-3 months after a successful pitch for funding to be finalized and disbursed.