Edutech startup Thikerbell Labs has raised $202,000 (Rs 13 million) in an angel-investment round led by led by Rajesh Navaneetham and Manjunath Nayak from Indian Angel Network (IAN). Anand Mahindra, Chairman and Managing Director at Mahindra Group too invested in this Bengaluru-based start-up tha…
Tag: Indian Angel Network
IAN gears up to bring paradigm shift in seed & early-stage start-up funds
India’s largest business angels group Indian Angel Network is gearing up to become the single largest platform for seed and early-stage investing, having after introduced the Rs 350 crore global fund in April 2017, said Indian Angel Network (IAN)’s recently appointed Managing Partner (maiden fund…
Maharashtra CM inaugurates fintech start-up accelerator ISME Ace
Indian School of Management and Entrepreneurship (ISME) Ace, India’s largest FinTech Accelerator Program, was inaugurated by Maharashtra Chief Minister Devendra Fadnavis. The program is managed by the Three Sisters Institutional Office. The specialised accelerator programme was launched in Mumbai…
Indian Angel Network expands its operation to Israel
Indian Angel Network has expanded its operations to Israel and will invest in areas like healthcare, agritech, cybersecurity and cleantech. IAN, which claims to be the world’s largest angel investor group with over 450 institutional and individual members, has presence in the US, the UK, Ca…
MaxWholesale raises $1 m from Indian Angel Network & Maple Capital Advisors
MaxWholesale, a mobile-based B2B grocery supply chain, has raised $1 million in Pre-Series A round of funding led by Indian Angel Network (IAN) and Maple Capital Advisors. IAN investors include Ambarish Raghuvanshi, Raman Roy, Sunil Munjal, amongst others. Bikky Khosla of Tradeindia, Pankaj Karna…
US launches incubator programme to mentor Indian start-ups
The US government is looking to mentor Indian start-ups, hoping that some of them would scale up their operations and set up shop in that country. The US State Department has begun a start-up incubator programme, Nexus, in association with the IC² Institute of The University of Texas at Austin, i…
Start-ups will be the force multiplier to catapult country into a $10 t economy by 2030: iSpirt
India, which is in the midst of a startup boom, is ready to retake its place as a top five global economy by 2030, when its gross domestic product will cross $10 trillion. Sanjay Anandram, Advisor at iSpirt, a think tank for the Indian software products industry, said India is optimising to empow…
PipeCandy bags $1.1 mn from IDG, Axilor, others
Chennai: Data science startup PipeCandy has raised a seed round of $1.1 million from multiple investors including IDG Ventures India, Axilor Ventures (promoted by founders of Infosys), Silicon Valley based Emergent Ventures, Indian Angel Network and other individual founders. PipeCandy uses data …
Startup India: Decoding government’s Fund-of-Funds for start-ups
The single biggest challenge that startups in India face is the lack of funding, both debt and equity. Over the last few years, angel investors have emerged as welcome entrants but there are too few of them. Indian Angel Network, the largest with 450 odd members, invests barely Rs 100 crore in so…
Ficci calls to replicate London model to boost start-ups
Hyderabad: Many of the policies responsible for establishing the UK and London in particular as a startup hub have happened in the last 5-6 years. London accounted for one seventh of the UK investment into startups in 2010, a figure that has since increased to two-thirds. To establish such an eco…