Leaders for India launches LIO App
The business accelerator and startup incubation platform launched its mobile application for community interactions, networking, and investments
(From left) Poondla Siddharth Reddy, Head of Growth; Sri Charan Lakkaraju, Investment Committee; Mohnish Yerra, Founder and CEO; and Sree Kavitha, Member, Leaders for India Organisation, during the launch of LIO App in Hyderabad on Tuesday
BB Bureau
Hyderabad:
Leaders for India Organisation (LIO), a members-only community for business leaders, entrepreneurs, and angel investors on Tuesday launched its mobile application, LIO App for community interactions, networking, and investment updates, among other features.
The business accelerator and startup incubation platform, in the last 18 months, has onboarded 104 members comprising industry leaders, business veterans, recognised professionals with a combined net worth of over Rs 25,000 crore. LIO has disbursed over Rs 20 crore for 16 business opportunities. The organisation is also managing Rs 9.05 crore in AUM (asset under management) in their wealth management arm and has facilitated Rs 9.8 crore towards land projects.
Mohnish Yerra, Founder and CEO, Leaders for India, said: “We have positioned our platform as a trusted partner for wealth creation, extending financial support to members. LIO has transcended traditional angel investment models to evolve into a comprehensive consultancy firm. LIO offers tailored support, functioning as a Business Accelerator, Financial Advisor, Startup Incubator, and Technology Consultant, ensuring entrepreneurs receive customised guidance for success.”
He further informed that the service provided by LIO includes Cohort Convergence, Investment Opportunities, and Extended Team, wherein the yearly membership fee is Rs 30,000.
Speaking about the mobile application Yerra said that LIO app will help in seamless engagement between the members of LIO. A flagship feature, LIO Buzz, lets members connect with fellow LIO members within a five km radius, enabling spontaneous meet-ups, enhancing opportunities for collaboration, knowledge sharing, and personal connections, Yerra added.
The organisation recently launched its Chapter in Bangalore and plans to expand operations by opening a presence in all the Tier 1 cities of India, while also considering international growth, over the next three years.
