Vahdam India partners with Nicobar, MA Portfolio stories featuring Bookingjini, Exotel, BLive, Instoried & Job Openings.

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Vahdam India partners with Nicobar Vahdam India, a vertically integrated online-first tea, spices and superfoods brand partners with Nicobar, a premium lifestyle brand that showcases India with its beautiful products and innovative designs. Through the partnership, Vahdam India’s exclusive Kashmir themed products will be featured at all Nicobar stores across Delhi, Gurgaon, Mumbai, Bangalore and Hyderabad, and will be exclusively available for sale at Vahdam India’s website for delivery across India. Bookingjini partners with Uttarakhand tourism Bookingjini is a hospitality and management focused SaaS platform for hotel booking. It is now the official partner of Uttarakhand tourism to streamline reservation processes, property management, and day-to-day activities for hotels and accommodation providers. Exotel secures Unified License from DoT Exotel is a full-stack customer engagement platform providing cloud telephony services to SMEs in India. The company has secured a unified license as a Virtual Network Operator from the Department of Telecommunications (DoT). With this license, Exotel will offer internet calling solutions to businesses across India that it earlier provided in Karnataka only. BLive partners with OTO Capital BLive is an EV experiential platform offering e-bike tourism, and online and offline EV stores for buying electric 2 wheelers. It has partnered with OTO Capital, a platform providing affordable plans for scooters and bike ownership for sale, marketing and promotion for multiple 2 wheeler brands on lease model.

Instoried receives Aegis Graham Bell Award Instoried is an AI-driven content solution enabling improved audience engagement. Instoried has received Aegis Graham Bell Award for Innovation in Consumer Tech. Aegis Graham Bell Award is the largest innovation award supported by the Ministry of Electronics and Information Technology, The Government of India. Job Openings WeDoSky Drones Data Science Platform Sales/Operations   Apply Now

BluSmart EV Platform Sr. DevOps Engineer Apply Now eSports XO Gaming Platform Graphic Designer Apply Now BluSmart EV Platform Chartered Accountant Apply Now Prescinto Clean Energy Platform Solar Performance Analyst Apply Now

Our mailing address is: Mumbai Angels Network 301 Turf Estate, Shakti Mill Lane, Off Dr. E Moses Road Mahalaxmi West, Mumbai – 400013

Mumbai Angels welcomes x10xventures as Co-Investment Partner

 

Mumbai Angels welcomes x10xventures as Co-Investment Partner

Tuesday, March 15, 2022: Mumbai Angels, a leading platform for early-stage investments, has onboarded x10xventures, a venture investments and advisory platform, as Partner for The Co-Investment Program. While both entities will jointly invest in high-potential businesses, The Co-Investment Program will also offer selected startups a chance to raise their next round of funding from Mumbai Angels, whilst also providing unrestricted access to Mumbai Angels’ Multiplier Program, which is an exclusive marketplace for its portfolio companies.

Nandini Mansinghka, Co-Founder and CEO Mumbai Angels, said, “We are pleased to welcome x10xventures as our latest partner for The Co-investment Program. Given that both portfolios have similar startups that we have backed in the past, it’s safe to say that our investment ideas and perspectives align. We believe their strategy and way of operating will help onboard a promising league of startups for our program and we look forward to working with them to reach greater heights.”

“We have two thoughts with respect to the reader’s investing journey that might increase their time and energy savings: call on the services Mumbai Angels offers, and do not let the notion of an inverse association between the size of your wallet and exposure to a specific asset class get in the way of superior Stress-Adjusted Returns. We are grateful to the ecosystem for their kindness and support, and are humbled by the opportunity to collaborate as Co-Investment Partner with one of India’s leading angel investing platforms,” added Rishabh Dugar, Co-Founder & Chief Managing Director, and Sanyam Dugar, Co-Founder & Chief Executive Officer of x10xventures.

About Mumbai Angels: Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 190+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 100+ of them. Today the platform has 650+ investors spread across 60+ cities across the globe.

About x10xventures x10xventures is a technology investments and advisory firm focused on startups and new-age investors. They invest in mission-driven founding teams attacking, with specific knowledge, difficult problems in large markets. As sector-agnostic and early-stage operator-investors, x10xventures has investments ranging from BluSmart Mobility, an NCR-based zero-tailpipe emission and zero-surge ride-hailing service, and Neopay, a Bharat-focused B2B hyperlocal distribution startup, to WCube, a B2B procurement enabler, and Snackible, a D2C healthy snacking destination platform.

Mumbai Angels welcomes Hem Angels as its latest partner for The Co-investment Program

 

Mumbai Angels welcomes Hem Angels as its latest partner for The Co-investment Program

14, March 2022: Mumbai Angels, a premier platform for early-stage investments, has announced Hem Angels, a part of Hem Securities Ltd., as its next partner for the Co-investment Program. Hem Angels has been actively raising early-stage funds through its network spanned across 21 states and 112 cities.   The Co-investment Program launched in 2021 by Mumbai Angels offers a host of opportunities for emerging startups seeking financial backing and guidance. The companies chosen for the program will also receive unrestricted access to Mumbai Angels’ Multiplier program, an exclusive marketplace offering an array of services, such as advertising, advisory, cloud storage and marketing solutions, among others.

Nandini Mansinghka, Co-Founder and CEO, Mumbai Angels, said, “As one of the pioneers in introducing Angel investment platforms in India, we strongly believe in creating a favourable environment for robust growth. The co-investment program is a step towards building up a startup ecosystem that is brimming with opportunities. We are optimistic that our partnership with Hem Angels will leverage our individual strengths and use our synergy for creating better impact.”

“Mumbai Angels is one of the most seasoned Angel Network with over 190 portfolio companies. This partnership is a huge value addition, especially for investee startups of Hem Angels’. Through 14 months of operations, we have funded 16 startups through our investor network, and we are hopeful of doubling the numbers in 2022 through the partnership with Mumbai Angels.  We believe that this collaboration will help us achieve our goals faster and would give an immense boost to our chosen startups. Our experience and market leadership position in the Capital markets and the astute credibility that Mumbai Angels has earned over the years in the marketplace will be instrumental in taking the Indian startup ecosystem to greater heights,” added Gaurav Jain, Director of Hem Angels.

About Mumbai Angels: Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 190+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 100+ of them. Today the platform has 650+ investors spread across 60+ cities across the globe.

Mumbai Angels welcomes Faad Network as its New Partner for The Co-investment Program

 

Mumbai Angels welcomes Faad Network as its New Partner for The Co-investment Program

07, March 2022: Building on the success of The Co-investment Program, Mumbai Angels, a premier platform for early-stage investments, has announced its next partner, Faad Network, an early-stage investor network offering pre-seed to Series A rounds investments in sector agnostic startups.   The Co-investment Program initiated by Mumbai Angels aims to offer exceptional growth opportunities for startups in addition to financial backing. The selected companies receive unrestricted access to the MA Multiplier platform, an exclusive marketplace for its portfolio companies to receive invaluable services, such as bookkeeping, cloud storage, marketing solutions, and more.

Nandini Mansinghka, Co-Founder and CEO of Mumbai Angels, said, “With the investment focus that complements our vision, Faad Network presents an ideal fit for our Co-investment Program. As we continue identifying and investing in promising startups, we are positive about complimenting on our individual strengths. We look forward to lasting, synergistic growth in time to come.”

“Mumbai Angels is known for its tenacity and extensive network of investors, along with its vast, constantly-growing portfolio of high-growth startups. Both Mumbai Angels and Faad Network have been active investors in the early-stage startup ecosystem. Our combined effort for the co-investment program will positively impact more startups while encouraging new investors to become a part of our network.” added Karan Verma, Co-Founder and Director of Faad Network.

About Mumbai Angels: Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 190+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 100+ of them. Today the platform has 650+ investors spread across 60+ cities across the globe.

Eat Better Ventures Raises INR 5.5Cr in Seed funding round led by Mumbai Angels and Java Capital

 

Eat Better Ventures Raises INR 5.5Cr in Seed funding round led by Mumbai Angels and Java Capital

03, March, 2022: Healthy D2C food brand Eat Better Ventures Pvt Ltd. has raised INR 5.5Cr funding in a seed round led by Mumbai Angels and Java Capital.   The round also saw the participation of Shiprocket Ventures, Capier Capital, AngelList & Plan B Capital. Besides, over 20 reputed entrepreneurs, including Arjun Vaidya, Bimal Karettk Rebba, Vishesh Khurana, Ishank Joshi, Venus Dhuria, Harpreet Grover, Radhika Ghai, Bhavik Vasa, & Divij Bajaj, also participated in the round. The company plans to utilize the funds to step up its production capacity, build a strong team, launch new products, and strengthen marketing and distribution.

Speaking on this, Nandini Mansinghka, Co-Founder and CEO - Mumbai Angels, said, “Embracing healthy snacking while pursuing a healthy lifestyle goal can be a daunting task for many. Today, an increasing number of Indian millennials are seen quickly catching up with the global snacking revolution. Traditional Indian foods prepared with a modern twist to suit changing palate preferences will go a long way in inculcating a healthy snacking lifestyle,”

Commenting on the fundraise, Mridula Kanoria, Co-founder of Eat Better said "Consumers are waking up to more conscious, healthy choices, and their expectations and preferences are rapidly evolving. At Eat Better, we want to support them on their journey of health without compromising on taste. We are thrilled to have secured funding from marquee investors and believe that it will lay the foundation for us to achieve our goal."

Shaurya Kanoria, Co-founder of Eat Better, added, "Most packaged foods available are full of chemicals, artificial flavors, and preservatives. Eat Better exists to change this narrative. We are excited to welcome an amazing group of investors who have backed and scaled large businesses. Our aim is to build a large and enduring food and beverage brand that offers customers delicious and healthy foods at the click of a button.”

Commenting on the rationale behind the investment in Eat Better, Karteek Pulapaka, Partner Java Capital said, "Healthy & Snacking need not be at odds with each other. Eat Better is building on India’s rich traditions of healthy snacks to bring time-tested nibbles with a twist to suit the modern Indian palettes. Very few brands managed to get a taste, form-factor, and healthy ingredients right at the same time. Eat Better has been able to do so, which is reflected in the 38% MoM growth and high customer retention rate."

About Mumbai Angels: Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 190+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 100+ of them. Today the platform has 650+ investors spread across 60+ Global cities.

Mumbai Angels and India Accelerator join hands to co-invest in innovative startups

 

Mumbai Angels and India Accelerator join hands to co-invest in innovative startups

15th, February, 2022: Mumbai Angels, a premier platform for early-stage investments, has joined hands with India Accelerator, India’s only Global Accelerator Network-backed (GAN) institution, for ‘The Co-investment Program’. Through this program, both platforms will back promising startups while offering them a chance to also raise their next round of funding from Mumbai Angels. Additionally, the selected startups will gain access to Mumbai Angels’ Multiplier Program; an exclusive marketplace for its portfolio companies.

Nandini Mansinghka, Co-Founder and CEO of Mumbai Angels, said, "Our co-investment program has launched with the idea of backing high-potential startups in partnership with distinguished investment networks/ accelerators and we believe that their experience and strategic way of operating will help pick out the most promising startups to back. We look forward to a fruitful relationship"

“We have always admired Mumbai Angels for its tenacity and willingness to make bold bets, which is why we see a clear alignment in purpose between both platforms. Having funded 46 startups in the last year alone through India Accelerator’s vast network, we are now looking to double the figure in 2022. We are hopeful that this association will play a part in fulfilling that vision. We look forward to combining our knowledge pool and resources with Mumbai Angels and further work towards the common vision of taking the Indian startup ecosystem to greater heights,” added Mona Singh, Co-Founder, India Accelerator.

About Mumbai Angels: Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 190+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 100+ of them. Today the platform has 650+ investors spread across 60+ cities across the globe.

About India Accelerator: A leading seed-stage technology accelerator based in Gurugram; India Accelerator is one of the fastest-growing accelerator platforms in Asia. The platform is committed to helping emerging startups realize and capitalize on their true potential by accelerating them into the next phase of growth. Since August 2017, India Accelerator has selected 110 companies for acceleration and was recently awarded the title of Best Accelerator in India by Startup India.

Union Budget Summary 2022