Lucknow Angel Network

Choose the right route

• If you want investment, register on the Submit Plan page with your venture details.
• If you want expert advice before you pitch, book a one-to-one mentoring session first.
• LAN recommends a one-to-one session with one of its experts to test how investable your company is before you submit.

How applications work

• The Submit Plan form asks for your name, contact details, venture name, city, state, current stage, sector and an optional attachment.
• LAN says it receives many plans and may not reply to every one if the idea does not fit its investment criteria.

What reviewers look for

• A unique idea that solves a real-world problem.
• An idea that can scale.
• Founders with sound experience in their field.

Lucknow Angel Network (LAN) is a platform that connects entrepreneurs with early-stage investors, including high-net-worth individuals, to help start-ups grow in Lucknow and other Tier 2 cities. It is based on the second floor of Crystal Tower, Sultanpur Road, Lucknow, and describes itself as a network of angel investors that backs young entrepreneurs with scalable ideas that solve real-world problems.

How its programmes work

Founders have two ways in. The first is free registration: a founder shares basic information about the start-up and LAN gets in touch with suitable investors from its network. The second is a paid one-to-one mentoring session with a domain expert, booked for one, two or three hours.

LAN also lists business support among its services: financial and technical help through incubation centre tie-ups, legal and finance solutions, go-to-market strategy, idea validation and help building a minimum viable product. The site describes this support as delivered through tie-ups with partner centres, so ask LAN which partner would handle each need.

Who can apply

LAN says it looks for ideas that are unique, solve a real-world problem and can scale, led by founders with sound experience in their field. It says it works with start-ups from Tier 2 cities. The pages read do not set a country-wide eligibility rule.

Investor network

LAN also runs a network for angel investors and venture capitalists. Members receive shortlisted start-ups from Lucknow and other Tier II cities after a ground screening process, due diligence on parameters such as ROI, risk appetite and liquidity, and chances to co-invest alongside other members.

Facilities

The pages read name an office address and do not describe an incubation space that LAN runs itself. Its business support is delivered through partner tie-ups.

Who runs it

The homepage presents a group of mentors with backgrounds in business development, digital media and finance, and lists partners. LAN also has a careers page for business development and investor relations roles.