Indian Angel Network (IAN) has announced its plans to make an investment in British start-up SwiftShift - the developer of a software solution that lets companies to promptly fill short-notice shifts using their own staff via SMS, e-mail and mobile technology.

IAN is the biggest angel network of Asia. It has more than 250 investors comprising entrepreneurs and chief executives spread across around a dozen of countries.

IAN Co-founder Saurabh Srivastava said, "UK is amongst the world's top 10 ecosystems for start-ups and home to some of the finest R&D in the world. We are delighted to have decided on our first UK investment and we believe that SwiftShift's product will be sold around the world."

However, he didn't mention the amount to be invested in the London-based start-up.

Srivastava added that the initiative would allow IAN to make investments in first-rate, innovative British start-ups, and that it would equally enable the network's investee companies in India to leverage Britain as a hub for accessing other markets in Europe and America.

Padmaja Ruparel, president of IAN, said a large number of British people are also joining the network as they are searching for geographies outside of Britain, such as India, to make investments.

Indian firms are now the fifth-largest investors in the UK and more than 50 per cent of Indian investment into Europe goes to the UK