Rajasthan Angel Innovators' Network (RAIN) is a group of Angel investors in Jaipur interested in investing in early stage businesses, which have a potential to create scale. The members of the RAIN have had prior entrepreneurial and/or strong operational experience that they wish to bring to early stage businesses. They share a passion to enable more early stage businesses to create scale and value. By focusing on startups, RAIN will also address the current acute lack of funds available to early stage companies. The members at RAIN believe that early stage businesses require more than just money to succeed. They require close mentoring and inputs on strategy as well as execution.
The success rate of early stage businesses can significantly be enhanced if such guidance is available on a constant basis. In line with this philosophy, the Group members collectively commit not just money, but also their time and expertise to investee companies. This document aims to evolve and spell out a framework under which likeminded members can "network" together and work synergistically to achieve certain common objectives in the above areas, while not requiring to operate under the more traditional but rigid models such as VCs, etc. At the same time, it is recognized that, in order to ensure longevity and scalability of this new model, there should be some minimum rules and operating guidelines laid down.
RAIN is interested in investing in early / idea stage businesses, with a potential to create disproportionate value, in the following domains:
Any domain preferably driven by technology or services with potential of high scalability and could be started with minimal capex.