CBA promotes cross border investments and help investors co-invest in international high growth potential companies.
Cross Border Angels (CBA), an international investment network specialising in cross border deals, plans to close around 12-15 deals in India this fiscal, each in the range of $250,000 to $2 million, according to Kaushal Chokshi, Founder & Chairman, Scaale Group.
Scaale Group's angel investing platform CBA promotes cross border investments and help investors co-invest in international high growth potential companies. The platform assist start-ups to raise funds with trusted and smart investors (angels, funds and family offices) in different markets.
"Angel investment has always been local, constrained within a 20-mile radius. I'm trying to change that. CBA is dedicated to help companies grow. Through the other capital platforms at Scaale, we equip entrepreneurs with the requisite tools to enable them in having more engaging and intelligent conversations with investors, whether strategic or financial," Chokshi said further. He has founded over 20 ventures across USA, Europe and Asia, with 3 successful exits and an IPO in 1987.
Scaale has its headquarters in four key markets of San Francisco, London, Barcelona & Mumbai, and with offices in four continents. The Group is dedicated to implement solutions for startups and SMBs through sales, capital, innovation and talent.
Sharing his thoughts about the Group's operations and how they are different from other angel investment network, Chokshi said, "We want to reach out to all talent and latest innovation in different corners of the world. We have created a strong and efficient methodology to organize investment meetings and due diligence process to ensure a quick response to entrepreneurs and a quality screening to our investors. So on an average, a single company will meet around 5-10 focused investors interested in the preferred industry, market and stage."
The preferred areas of investment for the Group is cloud, mobile, e-commerce, software, marketplaces, media, high tech, clean tech and medical devices. The entire due diligence process may take up to 2-3 working weeks. And if after the process, there's real interest from investors, then the Group also assist them (both investor and company) with the term sheets and negotiation process.
Recently, the Group has invested undisclosed amount of in New York-based media crowdsourcing start-up SpringLeap and Singapore headquartered Jay Robotix. The objective of the investments is to infuse smart capital in a venture where international investors strategically mentor innovative startups for a global play.