The Indian Angel Network (IAN) is reportedly seeking for investment opportunities in the United Kingdom and Singapore. IAN is the oldest and largest angel investor network in India. 

According to a report by the Economic Times, the decision to invest in early-stage ventures in UK and Singapore was taken to provide its portfolio companies access to global markets.

IAN co-founder Saurabh Srivastava was also quoted saying that they want to tap into the Indian diaspora as well as to rope in international investors to participate in domestic startups.  

Economic Times said that IAN has previously invested in countries including Sri Lanka, Canada, France and Hong Kong. It has committed over USD2.5 million (INR15.6 crore) in 10 startups in the island nation with Google India managing director Rajan Anandan's venture fund Blue Ocean Ventures. 

IAN has been working with the UK Trade and Investments and UK-based angel networks as it looks to establish its presence there. It has already began the investment process and expects to announce its first deal within the next six months, the report said. 

Meanwhile, IAN will formally start its operations in Singapore in the latter half of 2014, Economic Times said. 

IAN usually invests less than USD1 million (INR6.3 crore) for stakes between 15% and 30%. It is expected to apply the same mandate in its possible UK and Singapore investments, the report said.