IAN | Pixr8 News

3Mar By PriyankaNo Comments

FUNDING

Vyng Raises Angel Funding Round From IAN

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 million-dollar round, Vyng raised in 2017. Paul Kats, Co-founder and CEO, Vyng said, "We are thrilled and excited to received the investment by such an amazing set of investors like IAN. We believe that their experience and knowledge would help us to boost our presence in the Indian market and worldwide". He also added, "There are over eight billion phones calls on smartphones and 22 billion SMS notifications every single day. Our application can ...

Applyifi and Indian Angel Network are collaborating to help early-stage startups

10Jul By RishabhNo Comments

News

Applyifi and Indian Angel Network are collaborating to help early-stage startups

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", they say. Applyifi assesses a startup and provides an assessment report that helps a startup to understand its shortc0mings, strengths and also help them in making an action plan. Co-founded by Prajakt Raut, the platform after reviewing a huge number of startups has realized what a startup really requires and hence has collaborated to help startups raise up to Rs.75 lacs funding. "Based on reviewing business p...

22Jun By RishabhNo Comments

FUNDING

MaxWholesale Raises $1 Million Funding From IAN, Maple Capital Advisors

MaxWholesale, a mobile based B2B grocery supply chain platform, has raised close to USD 1 million (Rs 6 crore), led by Indian Angel Network (IAN) and Maple Capital Advisors. These investors include names like Ambarish Raghuvanshi, Raman Roy, Sunil Munjal, Bikky Khosla, Pankaj Karna and Abhinav Grover among others, a statement said today. Last year in July, the firm raised Rs 1 crore (around $150,000) in a seed round from Maple Capital Advisers. MaxWholesale is powering the online wholesale process for more than 90 FMCG companies, some of them being Cadbury, Dabur, Patanjali, Capital Foods, P&G and HUL. “There are more than 7 million stores in India and the packaged consumer goods market in the country is worth more than $40 billion. MaxWholesale is leveraging the power of t...

Budget Extends Window For Startups to Avail Tax Benefits

2Feb By NitishNo Comments

INDIA

Budget Extends Window For Startups to Avail Tax Benefits

Finance Minister Arun Jaitley has proposed extending the window for startups to avail tax benefits to first seven years of existence, a move that will allow new ventures to extract full benefit of the permitted deductions. Earlier, startups were allowed to claim profit-linked deduction for three years out of the first five years of existence. "...the profit linked deduction available to the start-ups for three years out of five years is being changed to three years out of seven years," Jaitley said in his Budget Speech. Nasscom President R Chandrashekhar said, startups could not avail full benefits of the three-year clause as they typically tend to begin making profits only after a few years of operation. "By then, the window of benefit would end. Now even if the startup reports prof...

Home Grown Startups Like “Ola and Flipkart” Losing Confidence: Saurabh Srivastava, IAN, Co-founder

14Dec By AnkitaNo Comments

Entrepreneurs Talk

Home Grown Startups Like “Ola and Flipkart” Losing Confidence: Saurabh Srivastava, IAN, Co-founder

Indian startups playing up the 'home-grown' card and asking government to shut doors to global companies indicate that companies are losing confidence, entrepreneur and angel investor Saurabh Srivastava said today. Instead, companies need to focus on ways to create an "enabling environment" without closing the doors for foreign players, he said. "One needs to have a balanced matured view... I think, we are losing confidence... there's no reason for that... We should make sure that the environment that we have is fair, free and level-playing field," Srivastava, who is also the chairman and co-founder of Indian Angel Network (IAN) said at a media briefing ahead of the TiE Global Summit. He added that while Indian companies should not be at a disadvantage, the focus needs to be on "how to c...

Fashion Venture 6Degree Raises $200K From IAN

9Jun By AnkitaNo Comments

FUNDING

Fashion Venture 6Degree Raises $200K From IAN

Indian Angel Network (IAN),India's largest angel investor group, has invested $200,000 in fashion talent and tech startup 6Degree. 6Degree said it will use the proceeds from the round to enhance its technology and to expand its reach. It also plans to expand its fashion services and launch enterprise solutions for fashion weeks. "Fashion as a genre cannot be underrated and it is important to integrate technology with fashion. Our aim is to unite various domains of fashion and create one holistic group of like - minded people," said Nikhil Hegde, chief executive of 6Degree. Founded in 2014 by Hegde and Amit Bhardwaj, 6Degree offers a platform that brings together various members of the fashion and lifestyle sector, such as, fashion designers, bloggers, brands, model's and photographers. T...

Bucker: An App That Have All Major Service Players in India

7Mar By NitishNo Comments

Story

Bucker: An App That Have All Major Service Players in India

"A friend shared her experience that happened to her on a late Saturday night, she was walking down the streets of Hyderabad because she couldn't find a cab back home. She was complaining she has fished through all the apps for a long time, but was disappointed. It was high time to introduce a service which shows you the best available options quick and cheap" says Vennela, co-founder of Bucker. Bucker is a Hyderabad based startup which aims to simplify user's choices by giving them the best available service at the cheapest price. It provides service aggregation in the fields of cabs, shopping and coupons. Major services players like Ola, Uber, Taxiforsure, Swiggy, Foodpanda, Paytm, Freecharge and Mobikwik are already available, the team is extending their service to provide coupons and ...

Funding Round- Collegedunia Raises 3 crores Funding, IAN Invests In UK Based Startup Ascema

19Feb By PriyankaNo Comments

News

Funding Round- Collegedunia Raises 3 crores Funding, IAN Invests In UK Based Startup Ascema

Delhi-based Collegedunia has raised Rs 3 crore in Pre-Series A funding round from Umang Kumar, co-founder and, CEO of Gaadi. Collegedunia is an extensive search engine for the students, parents, and education industry players who are seeking information on the higher education sector in India and abroad. The startup was founded in 2014 by Sahil Chalana who is an Alumni from BITS Pilani. As per the data of company Collegedunia have 40000+ unique visitors per day and it comes under 2000 website. The company claims to scale up its traffic up to 1 Lac+ in next few months. Collegedunia has also launched an app and received 10000 installs. Collegedunia claims to feature 12000colleges/institutes/Universities and fees structure on its platform. Collegedunia covers areas like fee, placement, a...

Indian Angle Network Invests in bangalore based Consumer Healthfood Startup Jiyo Natural

27Oct By AnkitaNo Comments

News

Indian Angle Network Invests in bangalore based Consumer Healthfood Startup Jiyo Natural

Indian Angel Network (IAN), India's first and world's largest angel investor network, has invested in Bangalore-based Jiyo Natural which offers personalized nutritionally balanced, calorie-monitored and chemical-free food through web and app. Rajiv Mehta and Sumit Dhingra have led this round of investment and will join the board of the company to further mentor and nurture the team and venture. "Jiyo Natural has, as part of its core values, a strong sense of social responsibility that forms the foundation of its existence. While we are committed to the long term vision of being a key catalyst in creating a Healthy India, we are also committed to contributing to the society and will endeavor to promote a clean environment," said Jayas Damodaran, Co-founder of Jiyo Natural. Mr. Rajesh Sing...

6Jun By NitishNo Comments

News

List of TOP 5 Accelerators in India!!!!

What is an Accelerator? Seed accelerators also known as startup accelerators are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day - wikipedia Business Accelerator exploration is the engine that drives innovation, innovation drives economic growth, and to be on this right track to explore things and have sustainable economic growth, a business needs excellent mentoring. This is where ‘Accelerators’ come to play a crucial role. So here is a list of top 5 accelerators from India, who not only help startups to enlarge their vision but also guide in market expansion and other focus areas. Below we have mentioned about them and their funding & equity data. Have a look, List o...