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Posts Tagged ‘ Angel funding ’

One funded Indian tech startup shut shop every 10 days this year

Tuesday, December 6, 2016 | More »

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Well begun, as they say, is half done. By that measure, startups that managed to raise funding from marquee investors such as Sequoia Capital, Matrix Partners and Helion Ventures even before they began to earn revenue would surely have been on the path to success. But, a beginning however great is j...

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Markdowns reflect sentiment, vital to see if firm is on right path: IAN’s Srivastava

Dozens of startups have shut shop in 2016 while many others have struggled with a funding crunch and valuation markdowns. But serial entrepreneur and investor Saurabh Srivastava is not too perturbed. The chairman and co-founder of the Indian Angel Network (IAN), one of the largest and oldest angel g...

1 December, 2016 | More »

Suresh Rangarajan, Founder, CoLife

Co-working space provider CoLife raises $1 mn in angel funding

CoLife Advisory Pvt. Ltd, which operates a network of shared living and working spaces under CoLive247.com and CoWork247.com, respectively, has raised $1 million (Rs 6.7 crore) in seed funding from a group of undisclosed angel investors. The Bengaluru-based company will use the capital to expand its...

20 September, 2016 | More »

abudhabi

Exclusive: On-demand laundry startup HelloDhobi gets angel funding from Swastika Company

Pune-based HelloDhobi Dry-Cleaners Pvt. Ltd, which operates on-demand laundry startup HelloDhobi, has raised an undisclosed amount in angel funding from Hong Kong-based investment firm Swastika Company Ltd and some Mumbai-based affluent individuals, a top company executive told TechCircle. Arman Ver...

29 July, 2016 | More »

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Modasta raises $1.5 mn in angel funding

Bangalore-based Tasman Drive Software Pvt. Ltd venture, which operates health content portal Modasta, has raised $1.5 million (Rs 10 crore) in funding from a consortium of Mauritius-based high-net-worth individuals (HNIs). The funds will be used for business growth, technology upgrade, talent acquis...

28 July, 2016 | More »

Yash Singh, co-founder and CEO of SimplyMoveIn

Exclusive: Online rental marketplace SimplyMoveIn gets angel funding from Swastika Company

Bangalore-based SimplyMoveIn Technologies Pvt. Ltd, which operates online marketplace for curated rental properties SimplyMoveIn, has raised an undisclosed amount in angel funding from Hong Kong-based investment firm Swastika Company Ltd, a top company executive told TechCircle. The company will use...

22 July, 2016 | More »

MySuperBrain

Exclusive: Ed-tech startup MySuperBrain raises angel funding

MySuperBrain, an online talent discovery platform for students operated by Hyderabad-based Bojja IT Solutions Pvt Ltd, has secured an undisclosed amount in angel funding from tech consultancy firm Soniks Consulting. MySuperBrain plans to use the funds for marketing initiatives and augmenting the tec...

28 June, 2016 | More »

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Govt scraps ‘angel investment tax’; only ‘eligible’ startups to benefit

The government has scrapped the so-called ‘angel investment tax’ on investors providing funding to startups. This means resident angel investors, domestic family offices or domestic funds not registered as VC funds will now not have to worry about having to pay tax on the money invested in start...

18 June, 2016 | More »

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Sports-tech platform Athletto raises angel funding

Sports-tech startup Athletto has raised an undisclosed amount in angel funding from Atul Ingle, managing director at Nagpur-based Renuka Electricals & Controls Pvt Ltd. The sports and fitness discovery and booking startup said in a statement it plans to deploy this capital in ramping up operatio...

16 June, 2016 | More »

startups

Follow-on rounds down to a trickle for early-stage startups

After a record run last year when more than 10% startups that secured angel and seed funding mobilised fresh capital within a year, 2016 so far has proved to be challenging for early-stage ventures looking to seal follow-on investment rounds. Click here for full report. Like this report? Sign up for...

11 May, 2016 | More »

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