IAN leads $1 mn Pre-Series A round in Edmingle
Edmingle, a SaaS platform for small and medium-sized training and coaching businesses, has raised $1 million in its Pre-Series A Round, led by Indian Angel Network (IAN). Investors Jaideep Mehta, Rahul Mahipal, and Ms. Vasudevan led the funding round at IAN. Besides IAN, Keiretsu Forum joined the Pre-Series...
IAN Leads INR 4.11 Cr Seed Round in Cheelizza
Mumbai-based Cheelizza – India Ka Pizza, a Pure Vegetarian pizza chain from Mumbai, raised INR 4.11 crore in seed round led by Indian Angel Network (IAN). The round was led at IAN by Lead Investors Hari Balasubramanian, Uday Chatterjee, Deval Tibrewal and Rajeev Sarda. A bootstrapped...
Ideas are taking centrestage in India’s booming startup ecosystem
The rush of the ordinary Raj and Rahul (and his mate from IIT) becoming entrepreneurs is surprising because getting a salaried job had always been considered a better option in India than the risky proposition of starting one’s own business. Padmaja Ruparel, founding partner of...
IAN invests INR 1 Cr in Toffee Coffee Roasters, a Specialty Coffee Startup
Aimed at driving innovation in coffee and taking it to the masses, the Mumbai-based startup will use the capital to strengthen its product portfolio and grow its topline 10X in the coming months September 07, 2022: Specialty coffee startup Toffee Coffee Roasters has raised seed...
Watching Every Penny: The State of Indian Start-ups
Padmaja Ruparel, Co-founder & President of Indian Angel Network (IAN), says daily monitoring of the status of cash is essential for early-stage companies, and it needs to be done by the founder or CEO. “It is important to collect payments against the revenues. ‘High receivables’...
IAN invests INR 1.8 crore in EV tech startup Electrifuel
The startup intends to utilize the freshly raised funds for expanding in-house teams, scaling up production, and investing in its R&D. August, 31, 2022: Electrifuel, a Delhi-NCR based EV technology startup, has raised INR 1.8 crore in its Seed Round from the Indian Angel Network (IAN)....
The science behind the healthtech startup must be understood well
Padmaja Ruparel, Founder, BioAngels explains Kalyani Sharma that it is not easy to invest in startups! What is important is each investor’s understanding of the domain/science. Some investors understand execution/tech enablement better and others understand the science behind certain healthtech spaces. However, what we have...
IAN invests INR 4.5 crore in Fintech NBFC Indium Finance
The company intends to utilize the capital for new customer acquisitions and to expand the team in sales and technology verticals New Delhi, August 23, 2022: Indium Finance, a Mumbai-based B2B2B Fintech NBFC platform for distributors, wholesalers and retailers has raised INR 4.5 crore from Indian...
IAN Co-Founder Saurabh Srivastava on Shoring Up India’s Startup Party!
As India, the world’s third largest startup ecosystem gets poised to break into the top two, Saurabh Srivastava, Past Chairman NASSCOM & IVCA, cautions against a few rotten apples souring India’s startup party. He also shares some critical insights for both founders and VCs...
What makes women angels “most valuable investors”?
Padmaja Ruparel, Co-founder, Indian Angel Network thinks women entrepreneurs-turned-investors are the most valuable investors. “Apart from money, they bring valuable mentorship and guidance to women entrepreneurs as they have already traversed the path and solved the challenges. Every woman investor inspires many more women to become...