Agri-tech startup FarMart raises seed funding from IAN

For-Farmart-Story-VC_20160402_SJ_Crops-Jammu-and-Kashmir-009Indian Angel Network (IAN) has made an undisclosed investment in Gurgaon-based FarMart, a renting platform for farm equipment, a statement issued by the company stated. Ambarish Raghuvanshi, who led the investment on behalf of IAN, has also joined the board of the startup, the press note added. Operated by Farmart Service Pvt Ltd, the startup […]

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Get My Parking raises $1.1 mn from IAN, others

parkingCloud-based mobile parking technology startup Get My Parking has raised $1.1 million (Rs 7.35 crore) in pre-Series A funding from Indian Angel Network (IAN), venture firm Beenext, The Chennai Angels, and Hero Corporate Services chairman Sunil Munjal. The startup will invest the fresh funds to deploy its integrated smart parking platform, it said in a […]

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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 groups in the country, says it is […]

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Legal tech startup LawRato raises Series A funding from IAN

LawRatoLawRato.com, a Delhi-based legal tech startup, has raised an undisclosed amount in its pre Series A round of funding from Indian Angel Network (IAN). The funding round was led by IAN co-founder Alok Mittal, it said in a statement. As a part of the investment, IAN members VP Rajesh and Srikant Sastri will join the […]

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Exclusive: Relocation service provider Pikkol raises angel funding

PikkolBengaluru-based relocation service provider Pikkol has received seed funding from a group of angel investors, including Ajay Nanavati, former chairman of 3M India, the Indian arm of US multinational conglomerate 3M Co. and Afsal Salu, co-founder of hyperlocal delivery company Delyver, which was acquired by BigBasket. Financial details of the transaction were not disclosed. R […]

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B2B leather goods marketplace ShoeKonnect raises investment from IAN

ShoeKonnect_002ShoeKonnect, a business-to-business (B2B) marketplace for leather products, has raised an undisclosed amount of investment from Indian Angel Network. Sahil Kejriwal led the round of investment on behalf of IAN and will join the company’s board, according to a statement. TechCircle was the first to report this fund raise last month. With ShoeKonnect, IAN has […]

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IAN, others invest under $600K in inter-city taxi platform Wiwigo

Sunil Chaula, founder & CEO, WiwigoInter-city taxi service provider Wiwigo Technologies Pvt. Ltd has raised Rs 4 crore (around $595,000 million) from Indian Angel Network (IAN) and two high-net-worth individuals, it said in a statement. IAN investors Priyank Shankar Garg and Harsh Chitale led the funding round. Garg will join Wiwigo’s board. Launched in April 2015, Wiwigo is an online […]

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Chandigarh Angel Network ties up with TurningIdeas Venture Partners

Ashish-Mittal_TurningIdeas-Venture-Partners1TurningIdeas Venture Partners (TVP), a Delhi-based angel investor network, has formed a partnership with its Punjab-based counterpart Chandigarh Angel Network (CAN) to provide a leg-up to the startup ecosystem by connecting startups to investors and offering mentoring. Ashish Mittal, co-founder and chief mentor at incubation and acceleration platform TurningIdeas Solutions that runs the network, told […]

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AI startup Staqu raises funding from Indian Angel Network

Atul-Rai2Gurgaon-based artificial intelligence (AI) focused startup Staqu Technologies Pvt. Ltd has raised an undisclosed amount of funding from Indian Angel Network (IAN). The funding round was led by Bikky Khosla, Neeraj Singal and Ajay Gupta on behalf of IAN, the company said in a statement. Khosla will join the board of directors of Staqu. The […]

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Logistics management startup FarEye raises $3.5 mn in Series A funding

Kushal Nahata, CEO & Co-Founder, FarEyeDelhi-based FarEye, a software-as-a-service (SaaS) based mobile workforce management platform, has raised $3.5 million (around Rs 20 crore) in Series A funding from SAIF Partners. The funds raised will be used for business expansion to other territories, the three-year old startup said in a statement. “FarEye wants to capitalise on its logistics management expertise and […]

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