IAN Group was, in fact, the earliest angel network in the country to set up its own fund. The maiden investment vehicle was launched in 2019 and was sized at ₹375 crore with institutional and high net worth individuals pooling money, including Sidbi’s Fund of Funds, India Infoline, Infosys co-founder Kris Gopalakrishnan, and Kanwal Rekhi. The investment network’s second fund is even larger, sitting at $100 million and was launched late last year.