Co-working space The Hive, LetsVenture join forces to set up incubators

(L-R) Chaitanya Ramalingegowda, VP-investor relations at LetsVenture, Shanti Mohan, co-founder & CEO, LetsVenture and Ankit Samdariya of The HiveVirtuous Retail Services Pvt. Ltd, which operates collaborative workspace The Hive, has joined hands with online fundraising platform LetsVenture to set up and manage incubator spaces for startups. While LetsVenture-affiliated companies will have special access to The Hive’s network of collaborative workspaces across the country, startups affiliated with The Hive will receive fundraising support on […]

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Former Snapdeal product head backs online funding platform LetsVenture

Anand_feFormer chief product officer at Snapdeal Anand Chandrasekaran has invested in Bangalore-based IndiePitch Solutions Pvt. Ltd, which runs online funding platform LetsVenture, according to a press statement. LetsVenture also allows startups to get their business plans reviewed by experts and helps them connect with mentors. The firm’s legal partner is Bangalore-based K Law, which helps […]

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Eyeing new revenue channels, fresh India fund in 2017: Jaarvis Accelerator’s Saumyajit Guha

Saumyajit GuhaSaumyajit Guha, former chief operating officer at Calcutta Angels who single-handedly closed seven startup investments in just nine months last year, is all geared up for his new challenge at Gurgaon-based Jaarvis Accelerator. Guha, who joined Jaarvis as co-principal last month, will be mainly responsible for managing investments from the operational side and creating new […]

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V-Day deal: Dating app Aisle raises fresh funding from CIO Angel Network

couple-1427863_1280Bangalore-based startup Aisle Network Pvt. Ltd, which runs matchmaking app Aisle, has raised an undisclosed amount in fresh funding from CIO Angel Network. Konglo Ventures, White Unicorn Ventures and LetsVenture also participated in the round. The funding was led by Anthony Thomas, former CIO of Vodafone, and Sanjay Mehta, a serial entrepreneur-turned-angel investor, the angel […]

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BookEventZ raises undisclosed amount in pre-Series A funding

fundingOnline event-booking platform BookEventZ has raised an undisclosed amount in pre-series A funding from Lead Angels, Mumbai Angels and LetsVenture. Existing investors, including Girish Mathrubootham, Anbu Pandian, co-founder of PanZeea Solutions and Ishan Singh, director of Recapital Ventures, also participated in the round, the company said in a statement on Wednesday. BookEventz, run by Urban […]

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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 […]

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Online farm produce seller E-Vegetailing raises $160K from Chennai Angels

For-E-Vegetailing-Story-TC_ThinkstockPhotos-511946222Chennai-based E-Vegetailing Pvt Ltd, which sells fresh vegetables procured directly from farmers, has raised Rs 1.1 crore ($162,000) from The Chennai Angels. Gowri Shankar Subramanian, CEO and co-founder of Aspire Systems, led the round on behalf of the angel network, it said in a press statement. E-Vegetailing will use the capital to expand its farmer […]

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Health-tech startup LetsMD gets angel funding

LetsMD was founded in December 2015 by (L to R) Tenzin Thargay (COO), Nivesh Khandelwal (CEO) and Prakhar Gupta (CTO)Delhi-based health-tech startup LetsMD has secured an undisclosed amount of angel funding from Calcutta Angels Network (CAN). LetsVenture, a platform that connects startups with investors, Anupam Mittal, founder and chief executive of People Group and Currae Healthtech Fund also participated in the round. The startup, operated by Medbay India Pvt. Ltd, will use the funds […]

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Silicon Valley-based AngelList to launch syndicates in India

Utsav-SomaniUS-based investment crowdfunding platform AngelList is planning to launch its private single-deal venture capital funds led by top angels, called syndicates, in India. The syndicates allow experienced technology investors to create a single VC fund that raises money from institutions and sophisticated angel investors. Utsav Somani, former Delhi chapter lead of LetsVenture and a member […]

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Exclusive: Existing investors, HNIs back food-tech startup Petoo

Petoo_01_feBangalore-based food-tech startup Petoo, owned and operated by Kinematic Foodtech Pvt. Ltd, has raised $500,000 from its existing investors and high-net-worth individuals (HNIs) through online deal-making platform LetsVenture. The startup will use the capital to fund its ongoing food research initiatives and to roll out its new products across the country, Kumar Setu, co-founder of […]

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