Thirteen-year old Akshat Mittal creator of Oddeven.com, which matches individuals to potential ride-share or carpool in the direction of their commute, has sold his company to carpool app Orahi.com for an undisclosed amount. The site was developed and launched in December 2015 by the standard 9 s…
Tag: Indian Angel Network
Start-up world is finally seeing more women at the top
Amidst the euphoria over Start-up India, one fact stands out: only 9 per cent of the country’s 4,200-odd new-age start-ups are led by women. But the good news is that more women are jumping onto the bandwagon. According to Nasscom, there was a 50 per cent increase in women joining the start-up ec…
Budget 2016 | Quotable Quotes
“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…
Top 10 Angels give wing to 425 Startups
India’s top 10 angel investors — call them archangels — have supported and helped build 425 Indian startups over the past 10 years, according to estimates by startup database Xeler8. That’s a significant figure, given that the startup ecosystem is still in its infancy, and reflects th…
Indian Angel Network invests undisclosed sum in DesignBids
Indian Angel Network, the country’s oldest and largest angel investor group, has invested an undisclosed amount in DesignBids, an online marketplace for architecture and interior design services. While the terms of the transaction were not disclosed, IAN Members Ambarish Raghuvanshi and Ari…