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IIM Calcutta Angels Network (IIM-CAN) is a private angel investment network based in Kolkata, India, formed by IIM Calcutta alumni to support early-stage startups, primarily those led by fellow alumni. The network leverages its extensive alumni connections and social capital to identify and invest in promising ventures, providing both capital and mentorship. Members, comprising individuals and organizations, contribute an annual fee of Rs 11,800 plus GST to participate in investment opportunities. Prominent figures associated with the network include Krishnan Ganesh, a serial entrepreneur and IIM-C alumnus who serves as a mentor, and Dr. Jaijit Bhattacharya, who was involved in its initiation. IIM-CAN was initiated by a group of IIM Calcutta alumni, though its specific founding year is not publicly disclosed.
IIM Calcutta Angels Network has 2 tracked investments across 2 companies. The latest tracked deal is $1.0M Pre-Series A in MangoPoint in August 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 7, 2025 | MangoPoint | $1.0M Pre-Series A | Mitesh Shah | Jito Angel Network, Keiretsu Forum, Metis Family Office, Native Angel Network, The Chennai Angels |
| Jan 1, 2022 | MyCaptain | $3.0M Seed | Ankur Capital | Better Capital, Girish Mathrubootham, Firstport Ventures, Mitesh Shah |
