Do angels really help?
Sairee Chahal, founder and chief executive of Sheroes, a career platform for women run by Applied Life Pvt Ltd, says the most important advice Bansal has given her is to stay true to the ‘core focus’, which is women for Sheroes.
“He is just there. If we ever get into trouble, we know who can get us out. He is a big door-opener. For us he’s always there when we ask for help,” she said, adding that Bansal invests in the creation of a strong platform and a strong community.
Promoters say as these investors have been entrepreneurs themselves they are typically more patient than pure play investors.