Angel Network FundTonic Raises Strategic Investment From Yesss Capital And Others

Mumbai-based FundTonic, an angel network with over 700 angel investors and one of the leading co-working player, has raised an undisclosed amount in a strategic round of fundingfrom Yesss Capital, Germany and others.

Lead investor Axel and Boris, the Founders of Yesss Capital stated that they have been informally talking to the FundTonic team since a while to discuss Yesss Capital entry strategy for investments in India. Though the initial discussions were more to educate themselves about India, during the course of their discussions, they got convinced about the teams' mindset on corporate governance, ethics, the track record of exponentially scaling business; and clarity of vision to take the business to the next level.