CMAT Exam 2023 Shift 1 Solved Paper

The most appropriate answer is D) Venture capitalists.
Angel investors are individuals who provide early-stage funding to startups and entrepreneurs in exchange for equity ownership. They typically invest their own personal funds and often provide mentorship and expertise to the companies they invest in.
On the other hand, venture capitalists (VCs) are professional investors who manage funds provided by limited partners. They invest in startups and early-stage companies in exchange for equity and play an active role in the company's growth and development.
While angel investors and venture capitalists both provide funding to startups, they differ in their investment approach, source of funds, and level of involvement. Therefore, venture capitalists are considered to be the opposite of angel investors, making option D) the correct answer.