Know what is happening in and around us

mangopoints.

MangoPoint Secures INR 3.5 Cr in Funding Round Led by the Chennai Angels

MangoPoint, the first APEDA- and NPPO-recognized packhouse in Tamil Nadu, has successfully raised INR 3.5 Crores in a funding round led by The Chennai Angels, with participation from the Nativelead Angel Network and Keiretsu Forum.
my3dmeta

MY3DMeta Raises over Rupees 10.5 Cr from the Chennai Angels, Dholakia Ventures, and Others

Y3DMeta a 3D Modelling tech company, secured an investment of over Rs. 10.5 cr from The Chennai Angels, Dholakia Ventures, AccelNest, Karn Nagpal, Badri Raghavan, IIT-IIM Angels, Hyderabad Angels, and others.

Homegrown Sustainable Baby Essentials and Apparels Brand A Toddler Thing Raises Funds from Chennai Angels in the First Round

A Toddler Thing is one of the most sought-after Baby Essentials brands in India. They are a homegrown brand based out of Coimbatore, with the aim of creating a culture of sustainable and eco-friendly living. Their product lines include GOTS and CPSIA certified clothing and a wide range of Organic Muslin essentials and apparels carefully designed to keep babies comfortable and happy!
trlisha

Premium Coffee Brand Trelish raises 3.5 Cr from the Chennai Angels

Trelish, a premium coffee brand specializing in instant liquid coffee blends has announced a fundraise of 3.5 Cr in a recent round led by The Chennai Angels. Trelish intends to utilise the funds for geographic expansion, hiring top talent and to further strengthen the brand.
earthfocus

EarthFokus raises Rs 1.52 Cr from the Chennai Angels

Chennai (Tamil Nadu) [India], March 22 (ANI/BusinessWire India): EarthFokus, a company offering Water savings as a service to commercial and residential clients has raised Rs 1.52 CR from The Chennai Angels in a recent fundraise.

Ecoil Secures INR 3 Cr in Funding Round Led by The Chennai Angels

Ecoil, a pioneering eco-friendly gasoline production startup, has secured INR 3 Crores in a funding round led by The Chennai Angels, with participation from AIC Banasthali Vidyapith Foundation, Shell India, and other high-net-worth individuals.

Homegrown Beer Maker Proost Raises INR 25 Cr To Enter New Markets

Homegrown beer brand Proost Beer has raised INR 25 Cr (about $3 Mn) in its pre-Series A funding round, which was a mix of equity and debt.

Flutrr, India’s 1st Multilingual Dating App, Raises INR 4 Cr in a Round Led by The Chennai Angels

Flutrr, India’s first vernacular dating app, has announced a fundraise of INR 4 Cr in a round led by The Chennai Angels.
sugar-watcher

The Chennai Angels Funds Sugar Watchers in Round Led by ah! Ventures

Mumbai (Maharashtra) [India], August 29: Sugar Watchers, a health brand that specializes in Low Glycemic Index (Low GI) staples has announced a fundraise of INR 3.6 Cr in a recent round led by ah! Ventures. Among the list of investors are also The Chennai Angels who invested INR 75 Lacs.

How to scale your startup

Scaling is the act of increasing a business’ revenue and output without significant investments. Instead of spending more money and more resources, your business will scale through better processes and the use of technology to reach and serve larger audiences. Scaling allows you to increase your customer base without adding resources, thereby increasing your profit margins with every sale.

Understanding the Cap-Table

The cap table or capitalization table is an extremely important component to consider for both the founders and investors. The cap table is a table that shows ownership or in financial terms equity capitalization of a company. As basics go, a cap table is very easy to understand. It is a table that shows all the shareholders of the company and how much of the company each person or entity owns. However, managing the cap-table and its evolution is a complicated matter which could take up a lot of time and effort to understand.

Conducting Business, Financial and Legal Due Diligence

Angel investors seeking to maximize rewards, among other motivations, allocate a certain portion of their investible surplus to investing in early-stage start-ups. The risk in this asset class is manifold, and includes concept risk, execution risk, people risk, mortality risk, and liquidity risk. The chances of losing invested capital are reasonably high and it is prudent to minimize that risk.

Brinc TechBlazers Accelerator Program

The three-month intensive program will provide participating startups with a minimum investment of 50,000 USD and the opportunity for further funding based on their performance and initial traction. Furthermore, startups will be fully supported through their product development and will receive business and investor connection/matchmaking to facilitate growth.

How to evaluate deals

Investing in a start-up has a bigger element of judgement at an early stage and is more driven by numbers at a later stage. A good start-up idea should have a good narrative, backed by relevant data (not just by conviction), which makes evaluation more coherent. Absence of either a good narrative or data can impair ability to evaluate.

How to get started as an Angel Investor?

They back early-stage start-ups that have high growth potential and high risk. Angels are high net worth individuals who want to expand their investment horizons by backing start-ups that show promise and profitability. While most angels are accredited, the definition has broadened with more and more people showing interest to expand their investment portfolio.

Med-tech startup MedisimVR raises ₹3.5 Cr from Inflection Point Ventures – TCA Funding Alert

The round also saw participation from Chennai Angels and Jana Balasubramaniam (MedTech investor). The funds raised will be used for scaling up their product offering and adding more skill training content to their library.MediSimVR aims to make

Mango Point raises ₹1.82 cr from investors led by The Chennai Angels

Mangopoint, which has been focussing on promoting high-quality mangoes and mango products from India, has mobilised a total fund of ₹1.82 crore from investors led by The Chennai Angels (TCA), an angel investment group.

Backpacker hostel brand goSTOPS raises additional $1 m bridge round

The round witnessed participation from existing investors The Chennai Angels, Mumbai Angels, Yuj Ventures, Lead Angels, 1Crowd, Indian Angel Network, Chandigarh Angels Network in addition to new angel investors including Rohit Chanana of Sarcha Advisors.

Mumbai Based Startup Nutrizoe Raises $200K In Seed Round

Mumbai based startup Nutrizoe has raised $200K in Seed round from ah! Ventures Angel Platform and Others including The Chennai Angels, India Accelerator, HEM Angels & Angel Bay. With 40 investments in 2021 and total 102 investments (in 81 Startups) till date, ah! Ventures total portfolio is of INR 250 CR (~33 MN USD) with 11 exits and 21 follow on rounds. ah! Ventures plans to do 45+ investments in 2021 totalling to INR 150+ CR (~20MN USD)

The Chennai Angels invests in Jidoka

Angel investment network The Chennai Angels (TCA) has invested Rs 2.22 crore in cloth diapering brand Bumberry. With participation from Bumberry’s existing investors Konglo and Kerala Angels, the total investment stands at Rs. 3.11 crores. Bumberry was Kerala Angel Network(KAN)’s first investment after formation of the network, early last year.

[Funding alert] Tea retail chain Chai Kings raises $1M from The Chennai Angels, others

Piyush Bhandari, who led the investment from TCA said, “We are very excited to partner with Chai Kings in the bridge round. We believe the company has a strong leadership team with immense potential to grow and expand across India. The new investment reiterates our commitment towards building a sustainable and scalable Indian QSR.

Insight Stories by Anu- Week 2 l Segment 4 – The Chennai Angels Ethos & Approach corrected

Insight Stories by Anu – Week 2 l Segment 3 – Learning, choosing support system and investors

Insight Stories by Anu- Week 2 l Segment 5 – Competitive Edge & Advice to Founders plus AH round up

Insight Stories by Anu- Week 3 l Segment 1 – The Plunge and White shirt design lessons

Insight Stories by Anu- Week 3- Introduction to Brag

Insight Stories by Anu – Week 3 l Segment 2 Letting Go & Care LESS confidence

Insight Stories by Anu- Week 3 l Segment 3 – Experiments and challenging Perceptions

Insight Stories by Anu- Week 3 l Segment 4 – Mentoring & Pivots

Insight Stories by Anu- Week 3 l Segment 5 – Do’s & Don’ts for Founders and AH roundup

sunday opening video Proklean

MangoPoint Secures INR 3.5 Cr in Funding Round Led by the Chennai Angels

MY3DMeta Raises over Rupees 10.5 Cr from the Chennai Angels, Dholakia Ventures, and Others

Homegrown Sustainable Baby Essentials and Apparels Brand A Toddler Thing Raises Funds from Chennai Angels in the First Round

Premium Coffee Brand Trelish raises 3.5 Cr from the Chennai Angels