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People Group to invest up to $2M in media startups and P2P networks

People Group which owns Shaadi.com, Makaan.com and Mobango, is looking to invest between $25,000 to $2 million in early stage media-related startups and peer-to-peer networks, reports The Economic Times. The group made its first investment earlier this month, by participating in the education activity kits maker Flinto's $300,000 investment round. That being said, it's worth noting that People Group founder & CEO Anupam Mittal is an active angel investor and has made over 40 investments (in personal capacity) including Zapstitch, IndiaCollegeSearch and Olacabs among others. The ET report notes that one of Mittal's prominent investments was in the digital marketing agency Interactive Avenues, which was acquired by IPG Mediabrands in March 2013. We've written to Anupam Mittal for more details on this and will update once we get a response. It's worth noting that P2P lending space, which is one of the form of P2P networks, has been gaining momentum over…

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