Question
Entrepreneurship Question on Sources of Business Finance
Mahima started a venture where she could provide food from various restaurants to passengers travelling by train. She created an app for the same. She was guided all throughout by her friend & mentor Shalini, who was a successful entrepreneur herself. Shalini had a corpus of funds which she decided to transfer to Mahima for her venture. Mahima preferred to gave Shalini a return on her investment. Identify the source of financing for Mahima.
A
Venture Capital
B
Angel Investor
C
Loan
D
Charity
Answer
Angel Investor
Explanation
Solution
The correct option is (B) : Angel Investor