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Investment

DaveAI raises strategic round of funding by marquee investors from Japan and India

DaveAI, a virtual AI avatar led sales experience platform announced a strategic round of investment led by Maruti Suzuki India Ltd., GHV, and Hakuhodo Inc. The round also saw participation from existing investors Mumbai Angels Network and IIIT Seed fund.  Talking about the investment, Sriram P H, Co-founder & CEO said, “This strategic round of investment will […]

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Indian backpacker hostel brand goSTOPS raises additional $1 mn in bridge round

Rapidly expanding backpacker hostel brand, goSTOPS, has raised an additional USD 1 million bridge round within 6 months of the last million dollar Pre-Series-A round concluded early this year in June. The round was funded by existing investors – The Chennai Angels, Mumbai Angels, Yuj Ventures, Lead Angels, 1Crowd, Indian Angel Network, Chandigarh Angels Network in addition […]

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Non-alcoholic beverage maker Svami raises Rs6.5 cr in bridge round

Svami, a Mumbai-based FMCG startup that sells non-alcoholic aerated beverages, announced that it has raised Rs 6.5 crore in a bridge round led by Mumbai Angels Network, according to YourStory report. Other investors that participated in the funding round are Rukam Capital Trust; Niren Shah, Managing Director of Norwest Venture Partners; and Ashish Chand’s family […]

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Defence-tech startup Big Bang Boom secures investment from Mumbai Angels Network

Big Bang Boom Solutions (BBBS) Pvt. Ltd, a Chennai-based defense startup and a deep tech defense solutions integrator focused on developing indigenous intellectual property, announced that it has raised $1 million from Mumbai Angels Network. Founded in 2018 by Praveen Dwarkanath and Shivaram Ramaswamy, Big Bang is involved in developing technologies focused on the needs […]

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Delhi-based Crimson Healthcare raises funding from Mumbai Angels Network

Crimson Healthcare, a Delhi-based medtech startup focused on innovating cutting edge solutions for various problems in the healthcare system with advanced engineering and technologies, announced that it has raised a funding of Rs 1.75 crore from Mumbai Angels Network, according to YourStory report. Founded in 2015 by Pranav Chopra and Neeraj Kumar, Crimson Healthcare is […]