Know what is happening in and around us

D2C ECO-FRIENDLY HOME FASHION BRAND D’MOKSHA HOMES RAISES $575K IN SEED ROUND

Twixor Raises $2.4 Million In Series A Funding Round

a Singapore-based low-code no-code (LCNC) conversational AI and process automation platform, has raised $2.4 million in Series A funding round from Season Two Ventures (an Indo-US corridor VC firm), Axilor Ventures and The Chennai Angels. The fund will be utilized to further the company’s innovation journey, to strengthen the strategic partnerships, global expansion and hire new talent.

IoT-enabled agritech platform CultYvate raises Rs. 4.5 crore in funding

CultYvate, the IoT-enabled agritech platform by Farms2Fork Technologies, raised Rs. 4.5 crore in a pre-Series A round. The round was led by Sirius One Capital Fund, alongside other marquee investors including Sunicon, The Chennai Angels, LV Angel Fund, and Prodapt Technology Holding.

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.

Building Trust With Clients and Prospects

Bringing clients into the fold and developing them into their full potential as clients is a trust-based process. You can go only so far without building trust with your clients or propsects. Some aspects of trust building are intuitive; we’ve all been around long enough to have been burned. We have a foundation from which to work.

How to find the right Angel Investor in India

Start-ups require funding at various stages of their growth. They may need initial funding at the seed stage for go-to-market and later for development of new products, hiring resources, marketing and sales expansion.

How to pitch to Angel Investors

They tend to operate either alone, as individuals, or as groups (syndicates or networks of some kind). In India, networks can be those like Indian Angel Network (IAN), The Chennai Angels (TCA), Mumbai Angels and so on. India has a distinct shortage of Angels; the total number will barely exceed a few thousand.

Conducting Business, Financial and Legal Due Diligence

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.

Being a Lead Angel

However, having been tasked to write on the subject, the best I might do is to reflect on my own experience as a Lead angel and speak in first-person terms about what it meant to me. This piece hence comes in conversational tones, ‘warts and all’ and more candid than may have been bargained for.

How to Build the Right Team for Your Growing Startup

So the first step towards building your start up is putting together a good team. Remember that the employees you hire can make or break your business. Hiring the right people makes all the difference, especially in the early days. Here are a few ways in helping you make the decision a little easier.

Finding the Right Start-up to Invest in

Over the course of 2019, India saw the emergence of 7 new unicorns, bringing the total count to 24, standing third only after the US and China. This is the vote of confidence that the future of the Indian Start-up Industry needed to attract small investors into this booming sector. You need not hire a broker or be a Warren Buffett to find the right start-up to invest in. Let’s start with the basics.

[Funding alert] AI-based edtech startup SP Robotic Works raises $3M in Series A round

The funding round witnessed additional participation from BCCL and its existing investors Indian Angel Network and multiple renowned Angel Investors like Ajai Chowdhry (Founder, HCL), Raman Roy (Chairman and Managing Director – Quatrro), and others.“SP Robotic Works believes in building a scalable and highly qualitative platform that can enable practical learning of concepts in a fun way.

[Funding alert] MLOps platform NimbleBox.ai raises $1M in seed round led by Venture Catalysts

NimbleBox.ai, a Techstars portfolio company aiming to build and provide a complete toolkit for developers focused on artificial intelligence, on Tuesday raised $1 million in its seed round led by Venture Catalysts. The round also saw participation from The Chennai Angels, Nanavati Family, and Astarc Ventures.

Mindler Raises $1.5 Million In Pre-series A Funding

Ecosystem Ventures, Inflection Point Ventures, nVentures Singapore and The Chennai Angels are prominent investors in the recent round of funding. Mindler provides a SaaS platform for educators and ed-tech partners along with a comprehensive career guidance platform for students.

What’s Fueling The Rise Of Angel Investors From Smaller Cities

India’s startup ecosystem is going through a paradigm shift in many ways. One such shift is the rise of angels investors from places beyond major cities. This is despite the risks associated with this asset class. The trend goes hand-in-hand with the increasing number of founders starting out from smaller cities. Success stories of these founders have led to more angel investors from the hinterland and vice-versa.

The Chennai Angels invests ₹2.61 crore in start-up Blaer Motors

The start-up has been working on hybrid and electric drive-train solutions for two-wheelers and three-wheelers and collaborating with multiple OEMs (original equipment manufacturers) for commercializing drive-train solutions.

The Chennai Angels invests in 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.

What are the skills required to become an entrepreneur

How to have a Successful Second Phase of Funding

How To Survive Startup Competition

What to look for in your Co-Founder

How To Find The Right Investor For Your Startup

How to build the right culture in your Startup

How To Connect With High-Profile Individuals Who Can Help Your Startup

How to have a Successful Second Phase of Funding

How To Survive Startup Competition

Week 4 l Segment 2 – When Setbacks position you for growth

Week 4 l Segment 3 – Compelling reasons for investment

Week 4 | Segment 4 – The Investor & Founder Relationship

Week 4 l Segment 5 – Being realistic & Honest to Goodness Advice plus AH round up

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