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D2C ECO-FRIENDLY HOME FASHION BRAND D’MOKSHA HOMES RAISES $575K IN SEED ROUND
- by Murugan R
- News
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.
- by Murugan R
- News
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.
- by Murugan R
- News
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
- by Murugan R
- News
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.
- by Murugan R
- News
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.
- by Murugan R
- News
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)
- by Murugan R
- News
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.
- by Murugan R
- Articles
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.
- by Murugan R
- Articles
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.
- by Murugan R
- Articles
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.
- by Murugan R
- Articles
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.
- by Murugan R
- Articles
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.
- by Murugan R
- Articles
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.
- by Murugan R
- Articles
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.
- by Murugan R
- News
The Chennai Angels network gets its first CEO
The Chennai Angels (TCA), an angel investor forum which helps entrepreneurs and start-ups with funding, said that it has a new chief executive officer, Chandran Krishnan on board.
TCA is a leading angel network head-quartered in Chennai. Over the years, it has funded over 50 start-ups with about ₹75 crore deployed. TCA’s exit rate is 20%
- by Murugan R
- News
The Chennai Angels fund uFony, School Diary
School Diary® is a user-friendly platform that caters to K12 schools, helping them engage students and conduct classes virtually without compromising on privacy.
It is an integrated virtual classroom with online teaching, virtual PTMs, instant academic and non-academic updates, and even an online store where parents can shop for school product
- by Murugan R
- News
Brinc TechBlazers Accelerator Program
Brinc, one of the world’s leading global venture accelerators, and The Chennai Angels (TCA), a leading angel investor network, are launching an online acceleration program for AgriTech & FoodTech, HealthTech, and FinTech startups, for which applications are now open.
- by Murugan R
- News
[Funding alert] FMCG distribution platform Dropshop raises Rs 9.3 Cr in pre-Series A led by Inflection Point Ventures
FMCG distribution platform Drop shop will use the funds to strengthen its product and scale up operations to handle more brands and enter new markets like Chennai and Hyderabad.
Bengaluru-based one-stop distribution platform for FMCG brands Dropshop
- by Murugan R
- News
[Funding alert] Backpacker hostel startup goSTOPS raises $1M in pre-Series A round led by IAN, Yuj Ventures
Backpacker hostel brand goSTOPS on Thursday said it raised $1 million in a pre-Series A round led by Indian Angel Network (IAN) and Yuj Ventures — the private investing arm of the family office of Xander Group founder Sid Yog. KRS Jamwal, Uday Chatterjee, and Mitesh Shah led this round at IAN.
- by Murugan R
- News
12 early-stage startups signalling Chennai’s rise as a key innovation hub in India
Between January and June 2021, Chennai attained the 6th spot among the eight Tier-I cities in terms of number of deals (17), as well as amount of funding ($73.8 million) raised, data by YourStory Research reveals.
- by Murugan R
- Videos
Insight Stories by Anu- Week 2 l Segment 4 – The Chennai Angels Ethos & Approach corrected
- by Murugan R
- Insight Stories
Insight Stories by Anu – Week 2 l Segment 3 – Learning, choosing support system and investors
- by Murugan R
- Insight Stories
Insight Stories by Anu- Week 2 l Segment 5 – Competitive Edge & Advice to Founders plus AH round up
- by Murugan R
- Insight Stories
Insight Stories by Anu- Week 3 l Segment 1 – The Plunge and White shirt design lessons
- by Murugan R
- Insight Stories
Insight Stories by Anu – Week 3 l Segment 2 Letting Go & Care LESS confidence
- by Murugan R
- Insight Stories
Insight Stories by Anu- Week 3 l Segment 3 – Experiments and challenging Perceptions
- by Murugan R
- Insight Stories
- Insight Stories
Insight Stories by Anu- Week 3 l Segment 5 – Do’s & Don’ts for Founders and AH roundup
- by Murugan R
News
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,
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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
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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
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Premium Coffee Brand Trelish raises 3.5 Cr from the Chennai Angels
Trelish, a premium coffee brand specializing in instant liquid
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EarthFokus raises Rs 1.52 Cr from the Chennai Angels
Chennai (Tamil Nadu) [India], March 22 (ANI/BusinessWire India): EarthFokus, a
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Ecoil Secures INR 3 Cr in Funding Round Led by The Chennai Angels
Ecoil, a pioneering eco-friendly gasoline production startup, has secured INR