Chennai-based automobile aftermarket platform, GoBumpr, has raised around $600k in Pre-Series A funding led by the existing investors The Chennai Angels (TCA), Keiretsu Forum and individual investors. The investment round was led by Mr. Vinod Kumar Dasari (MD, Ashok Leyland) and saw participation from Shankar V (Director, Acsys Investments), Ramaraj R (Founding Member, Elevar Advisors), Priyamvada […]
Market Regulator, Securities and Exchange Board of India (Sebi) is planning to increase the maximum investment for angel funds to INR 10 crore while it was previously limited to INR 5 crore. India is going through a rapid change phase, especially concerning startups and funding. Angels investments are growing ever higher every passing week and […]
Hyderabad based Nowfloats which helps small businesses to build an online presence has raised ?14.36 Cr funding. The funding round appears to be a bridge round from existing investors, Omidyar Network, Iron Pillar Capital & others. As per the regulatory filing, Nowfloats had also secured 10 crore loan from Blacksoil Capital and its received the […]
Vyng, a Los Angeles based technology startup raises angel funding from Sandeep Soni, an investor in Indian Angel Network (IAN). The funding will use the to expand its presence and expansion in Indian market. Launched in 2017, Vyng boasts of around 500 million videos played across 170 countries. The round led by IAN was part of a USD 3 […]
Nasscom, the software industry lobby has once again expressed concern over the falling funding into indian startups and called for added focus to galvanise the entrepreneurial ecosystem. The National Association of Software and Services Companies (Nasscom) had last November shared its concern over the taxation issues in the startup scene, which led to a steep 50 per […]
In between the Indian government’s bid to promote Make in India and the startup industry in the country, the government has finally agreed stating that startups founded before 2016 who have raised up to Rs 10 crore angel funding will be exempted from the Angel Tax. Know what is Angel Tax here? “We have finalised […]
Online office supplies platform Aahaa Stores on Friday announced that it has raised $1 million in the second round of pre-series ‘A’ funding from investor group led by YourNest Angel Fund. Two of the existing investors including YourNest have participated in this round as well at a substantially higher valuation as compared to their earlier […]
Bengaluru-based co-living spaces builder,StayAbode has raised an undisclosed amount of funding in a fresh round of investment from Incubate Fund and a clutch of investors. The company plans to invest the capital to strengthen its technology platform and expand its team.
Delhi-based Brick2wall Technologies, which owns and operates Brick2wall.com, an online marketplace for sourcing construction materials as well as construction related services, has raised $200,000 in an angel round from multiple investors. These funds will be deployed for technology upgradation, increasing customer reach, and developing new business lines in Delhi NCR. Brick2wall, incorporated in July 2016 by […]
Startup guiding platform Applyifi and Indian Angel Network are joining hands to help budding startups grow and raise adequate amount of funding. Applyifi guides startups in creating a comprehensive pitch deck, and provides startups and investors a 36-point scorecard and assessment report on the startup’s investment worthiness. “Think of it as a GMAT score for Startups“, […]
On Friday 7th April , Venture Garage organized “Capitalize-Funding conclave ” at IIT Delhi which saw an overwhelming response with over 25 investors and 300 entrepreneurs attending the event. The event started with a panel discussion moderated by Rahul Narvekar, ex CEO of NDTV Ethnic and now CEO, Scale Ventures. Rehan Yar Khan of Orios […]
Mumbai-based parenting startup Kidsstoppress has raised an undisclosed funding amount from angel investors. Founder chief executive of IIFL Wealth Karan Bhagat also participated in the investment. The company was founded by Mansi Zaveri in 2012. Currently, it offers its services across Mumbai, Delhi, Bengaluru, Chennai, Hyderabad and Pune. Mansi Zaveri, founder, KidsStopPress, said, “The parenting and baby care segment in […]