Paperflite, a Chennai-based Saas startup focused on mobile-first sales platforms closed a $400K seed funding round, led by The Chennai Angels. Girish Mathrubootham, Founder and CEO of Freshworks, T R Santhanakrishnan, CEO of Datatracks and ex-CFO of Sutherland Global Services, Mithun Sancheti, CEO of Caratlane participated in the round as a part of The Chennai … Continue reading Paperflite secures seed funding led by The Chennai Angels

With an aim to bring all stakeholders of the Startup ecosystem under a single roof and help them grow and build mutual collaboration and explore their dynamics, The AEONIAN 2017 will be celebrating and rewarding the Startups. Organised by Aspire Media Pvt Ltd in association with Deloitte – Knowledge and Validation Partner and NDTV, the … Continue reading The AEONIAN – a 2-Day Startup Event in Mumbai on 9-10 November 2017

The Chennai Angels (TCA) today announced an investment of Rs 3 Crores in Netree E-services Private Limited, engaged in creating a retailer oriented networking platform that helps the retail industry stake holders like principals, manufacturers, brands and distributors to connect with the retailers, including small and medium retailers, in real-time thus helping everyone to exchange … Continue reading Netree E-services Private Limited Raises Funding Of Rs. 3 Crores From The Chennai Angels

The Postbox, a Chennai-based art and lifestyle e-commerce firm, has raised an undisclosed amount of angel funding from The Chennai Angels. Hourglass Design Pvt Ltd, which operates The Postbox, plans to use the capital to expand its product line, strengthen its team and will invest in marketing, the company said in a press statement. The … Continue reading Chennai Angels invests in e-commerce startup : The Postbox

The Chennai Angels, comprising successful entrepreneurs and industrialists, has invested Rs 1.10 crore in the city-based start-up, E-Vegetailing Pvt Ltd, as part of its plans to build a farmer network and ramp up procurement points. Aspire Systems, CEO and Co-Founder, Gowri Shankar Subramanian led the investment on behalf of The Chennai Angels, a press release … Continue reading Chennai Angels invests Rs 1.10 crore in city-based startup E-Vegetailing

At the recently held India Gadgetz Expo, one of the panel discussions was over smart cities. The discussion varied from definition of smart cities to how startups could make this possible. One such startup that is helping assist with the government initiative of smart cities is Get My Parking (Android, iOS). This Delhi-based startup by IIT Madras and … Continue reading Get My Parking aims to assist in government’s Smart Cities initiative

The percentage of start-ups failing in Chennai is lower than in Bengaluru and the national capital region, considered to be the hubs for start-ups. Lakshmi Narayanan, vice-chairman of Cognizant, said the percentage of start-ups funded by the Chennai Angels Network surviving beyond three years was almost double of that of start-ups funded by angel networks … Continue reading Chennai start-up failure rate lower than NCR and Bengaluru

On the third floor of a building in Mumbai’s Andheri East in a tiny L-shaped office, people are working excitedly on a late Friday afternoon. There are signs of recent celebrations — balloons and ribbons, and a colourful banner thanking the team on the closing of a second round of funding for, an online … Continue reading Velvetcase: Bringing Traditional Jewellers Online

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Between June 2015 and June 2016, 32 Chennai-based start-ups received angel and venture capital (VC) funding, according to a report released by The Indus Entrepreneurs (TiE), Chennai on Tuesday. The report, ‘Chennai Startup Eco-system—Glorious Past, Vibrant Present and a Bright Future’, traces the evolution of the city as south India’s biggest economic and commercial centre, … Continue reading 32 Chennai-based start-ups got angel, VC funding in one year: Report

Chennai-based angel network The Chennai Angels has announced it has invested Rs 3.5 crore ($500,000 million) in home automation company Silvan Innovation Labs, a company providing technology-enabled security and entertainment amenities at homes. “Silvan has a strong team, an excellent product portfolio and is trusted by several leading developers in India. We are pleased to … Continue reading Home automation start-up Silvan seals first equity deal with Rs 3.5 crore from Chennai Angels