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 […]

Read more

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 […]

Read more

Exclusive: Fashion app Styledotme shortlisted for FbStart; receives new funding commitment from IAN

StyledotmeDelhi-based Styledotme Fashion and Lifestyle Pvt Ltd, which operates mobile fashion app Styledotme, has been selected by Facebook Inc. for its FbStart programme. The startup has also received commitment from existing investor Indian Angel Network (IAN) for a new round of funding. It will be looking to raise around Rs 2-3 crore, founder Meghna Saraogi […]

Read more

One year of Startup India: Report card

The Prime Minister, Shri Narendra Modi addressing at the launch of Start-Up India, Stand-Up India programme, in New Delhi on January 16, 2016.Exactly a year ago, on January 16, 2016, Prime Minister Narendra Modi unveiled the ‘Start-up India, Stand up India’ initiative. As the Vigyan Bhavan auditorium bustled with energy and excitement, hundreds of new-age entrepreneurs looked forward to the historic announcement—the ‘Startup India Action Plan’. After all, for the first time in India, a comprehensive policy […]

Read more

Flashback 2016: Top angel networks in India

The year 2016 saw over 100 deals in the startup ecosystem by India’s top seven angel networks, including newly founded networks such as Venture Catalysts and Chandigarh Angels. The chunk of these deals were closed by Indian Angel Network (IAN), which maintained its position at the top. IAN, which comprises 450 investors across 10 countries, […]

Read more

Startups that got funded last week

startup-data_26_feThe week has seen 17 startups receive angel/seed and venture capital funding. In the biggest reported deal, a cloud-based customer relationship management product enKast, owned by Seamovation Labs, raised $2 million in pre-Series A funding round from Ivy League Alumni Angel Network led by Manish Maheshwari, CEO at Network 18 Digital. Among the other deals, […]

Read more

O2O marketing platform The BlueBook gets $500K from IAN, LetsVenture, others

For-The-Bluebook-Story-TC_bread-food-restaurant-people_feBengaluru-based online-to-offline (O2O) marketing platform The BlueBook has raised a $500,000 (Rs 3.39 crore) in a seed round of funding led by Indian Angel Network (IAN), it said in a statement. Srinubabu Gedela (chief executive, OMICS International), Avinash Vashistha (founder, Tholons Capital and former ‎chairman and country managing director of Accenture) and Rajiv Mehta (chief […]

Read more

Amazon rolls out Launchpad to support startups in India

Amazon_shah_feUS-based Amazon Inc’s India subsidiary on Monday announced that it will be launching its global programme for startups Amazon Launchpad here. Under this programme, Indian startups can market their products to Amazon customers across the country and the world through an e-store, the company said in a statement. For this, Amazon has tied up with […]

Read more

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 […]

Read more

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 […]

Read more