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...
AltUni Raises US$500K from Indian Angel Network
The capital raised will be deployed for further developing its online platforms and strengthening community engagement to make India’s youth industry-ready. Mumbai, 25th September 2023: AltUni by InsideIIM, an alternative digital university, has raised $0.5 million from Indian Angel Network and a host of angel investors....
N Vittal was prescient to support India’s IT services industry by Saurabh Srivastava
By Saurabh Srivastava N Vittal, who passed away on August 4, is perhaps the best example of a bureaucrat who changed the destiny of an industry that redefined India. For those of us who worked with him closely, he was a legend in his own lifetime...
Parineeti Chopra turns entrepreneur with strategic investment in Clensta
Actor Parineeti Chopra has turned entrepreneur by acquiring a minority stake in Clensta. The health & personal care brand provides an affordable and innovative range of sustainable products. Read more ...