Dhianu Das and Prashant Narang are trying to rewrite the narrative of angel investing in India. Can they script an enduring story?
“Have all angels descended on the earth,” I asked ‘angel guardians’ Dhianu Das and Prashant Narang, trying to satiate my curiosity. “Are heavens deserted? Is there anybody left up there?” The duo smiled. “There is not much happening over there. It’s not exciting,” reckons Das, an entrepreneur-turned-investor based out of Gurugram. His partner shares the secret behind the world, and India in particular, getting crowded with angels. “They have all come to make money,” says Narang, a chartered accountant who was startled by eye-popping returns made by angel investors by putting money in one of the riskiest asset class of investment.