Ecoil, an eco-friendly gasoline production startup, has secured INR 3 Crores in a funding round led by The Chennai Angels, with participation from AIC Banasthali Vidyapith Foundation, Shell India, and other high-net-worth individuals. Founded by Sushil Vaishnav and Kirti Vaishnav, Ecoil specializes in transforming used cooking oil and fats into biodiesel, offering comprehensive waste management…
MangoPoint, the first APEDA- and NPPO-recognized packhouse in Tamil Nadu, has raised INR 3.5 Crores in a funding round led by The Chennai Angels, with participation from the Nativelead Angel Network and Keiretsu Forum. Founded in 2018 by the husband-and-wife duo Manjula Gandhi Rooban and Prasanna Venkatarathnam, MangoPoint specializes in exporting single-origin, carbide-free, chemical-free high-quality…
Flutrr, India’s first vernacular dating app, has announced a fundraise of INR 4 Cr in a round led by The Chennai Angels. Among the list of investors are also The Times of India. The round saw participation from individual investors such as Vivek Singh, Adhiraj Sarin, Ramki Ravulpalli, among many other reputed investors, the statement…
EarthFokus, a company offering Water savings as a service to commercial and residential clients has raised INR 1.52 CR from The Chennai Angels in a recent fundraise. EarthFokus intends to use the funds for geographic scaling, marketing, expansion of product range and introducing newer, more efficient solutions in the water saving space, a statement said.…
Trelish, a premium coffee brand specializing in instant liquid coffee blends has announced a fundraise of 3.5 Cr in a recent round led by The Chennai Angels. Trelish intends to utilise the funds for geographic expansion, hiring top talent and to further strengthen the brand, a statement said. Co-Founder of Trelish, Kavita Narayanan commented on…
FMCG distribution platform Dropshop has raised Rs 9.3 Cr in Inflection Point Ventures led pre-Series A funding round. The funding round also saw participation from existing investors The Chennai Angels and Axilor Ventures, along with 42.vc. The fresh funds raised by the platform will be used to strengthen the product and to scale up the…
Infilect, a Retail Visual Intelligence SaaS provider to the worldwide Retail Industry, announced a $1.5 million pre-series A financing led by Mela Ventures and 1Crowd, with participation from The Chennai Angels (TCA). With the investment, Infilect will expand its go-to market programs, and will continue to invest in the areas of Image Recognition (IR) for…
TrulyMadly, an Indian-origin online dating and matchmaking platform for serious dating, announced that it has raised about Rs 8.1 crores from a bunch of angel investors and a venture capital firm, as per ETtech report. It raised pre-Series A funding from AngelList, Inflection Point Ventures (IPV), and The Chennai Angels (TCA). The round includes investments…