While trying to match interesting start-ups with high caliber investors in 2014, Vivek Durai realised on his 10th deal that his then start-up, TermSheet had very thin chances of excelling. “Angel ecosystem wasn’t very developed at that time. There was very little data on prospective investors,” he says.
Durai, a lawyer by profession ended up gathering information on many start-ups through regulatory filings, in the same areas as the ones he was pitching to the investors. He says, “During my research, I found that Indian regulatory filings were much more detailed as compared with other countries.” Later, Durai and co-founder Sonia Pradhan scaled up this research, creatin