360 One acquires controlling stake in Mumbai Angels

360 One has completed acquisition of a controlling stake in Mumbai Angels.

  • Mumbai Angels is one of the oldest and a leading player in the early investment space.
  • Financial details of the transaction have not been disclosed.

Reason for the subject transaction is obviously the synergy between Mumbai Angel’s network, wide experience in the investment space and 360’s investor base.

To me, it surely seems like a good combination and a shrewd pick by 360.

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