Evolve raises INR 2.5 Crore led by Indian Angel Network
With over 600,000 users, Evolve is building the world’s most inclusive mental health app that currently focuses on the needs of the LGBTQ+ community Evolve, a mental health start-up today announced that they have successfully raised a follow on funding round of INR 2.5 Crore. The...
IAN (Indian Angel Network) & IIM Alumni Singapore partner to bring Money, Mentoring and Market Access to Indian & Singapore startups
IIM Alumni Singapore members will have access to IAN’s startup investment opportunities and IAN angel investors will have access to IIM Alumni Singapore linked start-ups IAN (Indian Angel Network), India’s first and largest horizontal platform for seed & early stage investments and IIM Alumni Singapore, which...
Entrepreneurs are returning from Europe-U.S. to be part of India’s growth story
Mr. Srivastava said he wants to see the Indian economy growing at double-digit though it is stable at the current 6.5% growth. More and more Indian entrepreneurs from Europe and the United States are heading back to India where the economy is growing and opportunities are...
OnFinance AI secures $1.05 Million in an oversubscribed Seed Funding Round led by IAN & Silverneedle Ventures
Bengaluru-based GenAI startup, OnFinance.ai, secures funding to expand its Generative AI SaaS platform for banking institutions, AMCs, and wealth management firms OnFinance.ai, founded by a couple of BITS Pilani graduates, is a cutting-edge provider of Generative AI SaaS solutions for the financial industry, announced today that it...
SecurWeave Raises INR 2.8 Crore in Seed Round led by IAN
New Delhi, 7th November 2023: SecurWeave, an innovative cybersecurity startup, raises a seed round of INR 2.8 crores, led by IAN). IAN investors such as Romesh Sobti, Uday Chatterjee, Nagendra P Bandaru and Sri Prakash, were active participants in this funding round. SecurWeave is focused on...
Rural MSMEs need to be digitally empowered
Using digital tools will not only help expand the market reach, but also make access to finance easier By SAURABH SRIVASTAVA & LAKSHMI VENKATARAMAN VENKATESAN India has embarked on an economic and digital revolution and is gearing up to emerge as the third-largest global economy. But the...
Noccarc’s Vision: Setting the Stage for a Revolution in the Indian Medical Devices Sector
New Delhi, 31st October 2023: Noccarc, an innovative medical devices startup, is poised to become the first Indian company to receive BIS approval for its groundbreaking ventilator. This development is set to rival international products adhering to FDA and CE standards, an impressive feat considering...
IAN Invests In Manastu Space’s $3 million pre-Series A round
New Delhi, India, 26th October 2023: Manastu Space, a space tech company which is developing an environmentally friendly, first-in-world micro satellite thruster and fuel combination, has successfully secured $3 million Pre-Series A round with active participation from IAN. This fundraise marks a crucial milestone for Manastu...
IAN Group appoints Sarika Saxena as Managing Partner, IAN Alpha Fund
New Delhi, 19, October 2023: IAN Group has appointed Sarika Saxena as Managing Partner, IAN Alpha Fund, a SEBI registered AIF Cat II, sector agnostic Venture Capital fund. Sarika brings extensive experience with a proven track record in startup and early stage investments. Sarika brings over 25 years of diverse professional experience...
IAN Fund I provides Exit
New Delhi, 08, October 2023 – IAN Fund I announces great exits from some of its investments. With only a partial divestment from Woodenstreet, the company has provided IAN an exceptional return of more than 10 times with an IRR of 105%! This comes on...