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Get My Parking aims to assist in government’s Smart Cities initiative

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

Chennai start-up failure rate lower than NCR and Bengaluru

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

Velvetcase: Bringing Traditional Jewellers Online

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 velvetcase.com, an online … Continue reading Velvetcase: Bringing Traditional Jewellers Online

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32 Chennai-based start-ups got angel, VC funding in one year: Report

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

Home automation start-up Silvan seals first equity deal with Rs 3.5 crore from Chennai Angels

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

The Chennai Angels invest in smart parking startup

The Chennai Angels (TCA) on Monday announced an investment of Rs 2.5 crores in Agile Parking Solutions Private Limited (Get My Parking being its brand), engaged in smart parking technology which digitizes parking industry. “Automotive customers now seek real-time solutions and a triangulation of location, service aggregation, payments and community shared feedback to delight their … Continue reading The Chennai Angels invest in smart parking startup

How ‘Startup Of The Year’ Freshdesk aims to be the next big unicorn

Software company Freshdesk has claimed top honors at The Economic Times Startup Awards 2016, joining a group of winners distinguished by technical prowess and a track record of performance. Meeting on Saturday in Bengaluru, an exemplary jury chaired by InfosysBSE 0.61 % cofounder Nandan Nilekani plumped for those combining solidity and an ability to scale, … Continue reading How ‘Startup Of The Year’ Freshdesk aims to be the next big unicorn

The Chennai Angels invests in Agile Parking Solutions Private Limited

  Chennai, 02/May/16 The Chennai Angels (TCA) today announced an investment in Agile Parking Solutions Private Limited (‘Get My Parking’), engaged in smart parking technology which digitizes parking industry. “Automotive customers now seek real-time solutions and a triangulation of location, service aggregation, payments, and community shared feedback to delight their personal journeys with. The GmP … Continue reading The Chennai Angels invests in Agile Parking Solutions Private Limited

SP Robotic raises Rs 2 crore from Chennai Angels, IAN

SP Robotic Works, a Chennai-based start-up that provides robotic education to school students under the brand Kidobotikz, has raised Rs 2 crore from the Indian Angel Network (IAN). Nagaraja Prakasam led this round of funding on behalf ofIAN and will also join the board of the company. Rajesh Navaneetham and MV Subramanian would also be … Continue reading SP Robotic raises Rs 2 crore from Chennai Angels, IAN

The Chennai Angels invests Rs 3.5 cr in Silvan Innovation Labs

The Chennai Angels (TCA) today announced an investment of around Rs 3.5 crore in Silvan Innovation Labs Private Limited, Silvan is engaged in developing products and solutions for home automation. “Silvan has a strong team, an excellent product portfolio and is trusted by several leading developers in India. We are pleased to be associated with … Continue reading The Chennai Angels invests Rs 3.5 cr in Silvan Innovation Labs