HYDERABAD: TiE-Hyderabad chapter today announced their second edition of The Guardian Angel - a live instant funding event inspired by popular TV series "Shark Tank", here on June 24.
Found in 1992 by a group of entrepreneurs, TiE is a non-profit organization which fosters the next generation of entrepreneurs.
The Guardian Angel has received more than 125 applications, TiE
Hyderabad said in a statement. It also facilitates funding to the tune of Rs 5 lakh to Rs 2 crore said its president Pradeep Mittal.
In its first edition last year, three start-ups raised funds to the tune of Rs 1.75 crore.
Mittal said, "We will continue to hand hold and nurture start-ups through various initiatives."