Early-stage investors’ platform Mumbai Angels Network considers the year 2020 as one of its best years. The Angel investor witnessed around 36 exits that included start-ups like Purplle, Unocoin, Exotel and Mcaffiene. Of these, exits in Purplle and Exotel saw stellar 51x and 18.9x returns, respectively. Mumbai Angels is now gearing up for a similar number of exits this year too. “At any given point of time, 20-25 per cent of our portfolio companies are going through conversations for the next round. Currently, 17-20 of our portfolio companies are going through conversations for an exit in the current quarter,” said Nandini Mansinghka, co-promoter and chief executive officer (CEO) of Mumbai Angels Network. “Our primary goal is to make sure that investors that come in are getting good returns on their investment over 4-5 years,” she added.
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Australia India Innovation Bridge-inQ Innovation & Mumbai Angel Network Master Class : Angel Investments from India for Australian Startups About this Event India Innovation Bridge-inQ Innovation & Mumbai Angel Network Master Class : Angel Investments from India for Australian Startups
Please check the following link for an unique Investment raise Opportunity for Australian Startup Ecosystem looking to scale into Indian Market.
https://www.inqinnovation.com/ma-inq-investment-opportunities-in-australian-startups/
As part of this collaborative Investment raise support program, we are pleased to bring to you a Master Class on Angel Investment from India. The Hows, Whats, Wheres of growing Angel Investments networks in India.
Wednesday 5th May 2021 between 2:30 - 4:00pm (Sydney Time) or 10:00 - 11:30am (IST) to be hosted by inQ Innovation and Mumbai Angels Network. This event is being organised under the Australia India Innovation Bridge Series.
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Mumbai Angels Network, along with California-based accelerator Expert DOJO and three other marquee angel investors, on Monday, announced to have invested close to $150,000 in cloud kitchen platform and Huddle-backed ZFW Hospitality in a pre-Seed round to add to the armor of early supporters and advisors.
The platform will be utilizing the funds to expand its presence in the western region, hire top talent, and increase its network to over 300 cloud-based restaurants before raising a larger amount of funds in the next round.
“Having witnessed the rapid shift towards delivery andasset-light models on the front lines over the past 6 years, we’re excited to play a key role in the consumer ecosystem. Humbled to receive the confidence of investors and strategic angels who’ve joined us early on in our exciting journey. As ZFW focuses on its next chapter, our team remains c
[The Turning Point] Why this banker decided to launch test prep startup ixamBee
The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hit upon their winning idea. Today, we look at story of how test prep startup ixamBee brought together two bankers and a tech expert.
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Growing up in a village near Nainital in Uttarakhand, Chandraprakash Joshi wanted to crack a government job. He managed to, but recalls how the lack of guidance almost derailed his plans.
This sowed a seed in his mind, and later led him to launch Delhi-based edtech startup ixamBee to help the millions of students in India, who want to crack competitive exams but miss out on appropriate guidance.
[Funding alert] Deep tech battery technology startup Gegadyne Energy raises Series A round
Gegadyne Energy will use the funding to expand the startup s operations and set up a world-class battery research lab in India a one of its kind in the country.
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Gegadyne Energy, a deep tech startup developing non-lithium based quick charging battery technology for the EV space and other battery dependent applications, on Tuesday announced that it has raised Series A funding of
~$5 million from V-Guard Industries.
According to the startup, the funds raised will be utilised to scale up the research and the ramp up the business globally. A major chunk of the fund will be used to expand operations and setup a world class Battery Research lab in India a one of its kind in the country.