Hari Balasubramanian

Hari is an active angel investor focussed on innovative startup teams. He practices lean startup principles and encourages founders to think global , act local and build a organisation culture suitable for innovation in startups. He has led several deals in Indian Angel Network , led exits for IAN investors other than providing fund raising support for portfolio companies .Hari started the Early Adopters Syndicate in Letsventure , where innovative startups can raise funds and get support from investors who also act as early adopters .The thesis of EaSyndicate is to identify innovative and disruptive startups by making smaller bets and allowing the best ideas and entrepreneurs with traction to emerge. Startups without traction will likely reinvent themselves or perish. It is a high performance high risk strategy that is being pursued .EaSyndicate now has two startups in the portfolio and several are in the pipeline.In Feb 2020 joined as a member of the the Investment Committee at IIM Calcutta Innovation Park (IIMCIP).

He is a member of the advisory Board of Ivy Cap ventures , a Rs. 500 crore PE fund.

Hari has been an entrepreneur since 1987. He was one of the early adapters of the internet and his portal Calcutta Online ( www.calonline.com) was acquired by a NASDAQ listed company in 1998 . He co-founded Ontrack Systems Limited in 1988 . He is the past President of TiE- Kolkata , COMPASS , CIITA and has held key positions in trade bodies , trusts and non profit organisations. Hari now spends his time supporting innovative entrepreneurs , learning and researching on lean startup methodologies , disruptive business models and frugal innovation.