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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.

[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.

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

Insight Stories by Anu – An Introduction

Insight Stories by Anu: Week 1 | Segment 1 – Unlearning and Pivots

Insight Stories by Anu – Week 1 l Segment 4 – Exits & relationships

Insight Stories by Anu: Week 1 | Segment 2 – The TCA Journey

Insight Stories by Anu – Week 1 l Segment 5 – Valuation & Advice to founders and AH round up

Insight Stories by Anu- Introduction to The Indus Valley

Insight Stories by Anu – Week 1 | Segment 3 – Sweating who owns how much

Insight Stories by Anu- Introduction to The Indus Valley

Insight Stories by Anu-Week 2 l Segment 2 -Demarcating Business & Personal when business IS personal

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