Mumbai, July 23, 2018: Mumbai Angels Network, (MA Network), India’s leading early stage investment platform, is pleased to announce the acquisition of their portfolio company AllizHealth, by Singapore- based health tech firm, Symple Wellness Platform Pvt. Ltd. do we have their website link
Allizhealth is a Pune-based wellness and health analytics platform. The preventive healthcare startup analyzes a repository of health records to predict a patient’s health risk. The company was founded in 2013 by Rasmi Mishra, Gaurav Vij,Dhairya Gupta, and Chinmoy Mishra.
Symple Wellness offers services in digital health records, health risk assessments, doctor consults, health check-ups, health coaches and condition management programs. With this acquisition Symple Wellness will get access to superior technology capabilities and a highly qualified team to propel their growth.
MA Network raised funding for Allizhealth in 2015. The round was led by Deal Lead, Dr. Aniruddha Malpani, a healthcare domain expert and seasoned angel investor.
Commenting on the acquisition, MA Network CEO & Managing Director Nandini Mansinghka said, The value of any investment is unlocked only when there is an exit for our investors. We are fortunate to have partnered in AllizHealth’s journey as the company built out a market validated healthcare analytics platform. We are actively building on our healthcare portfolio which we believe will continue to drive value for both entrepreneurs and investors.
AllizHealth is a technology venture in the preventive care space, building a consumer focused “wellness & health analytics platform” for early identification, tracking and management of health risks and conditions. The platform also enables users to store/access/share health information more efficiently, track various health risks and parameters, store digitized health documents and also connect with caregivers.
About Mumbai Angels Network
Started in 2006, Mumbai Angels Network (The MA Network) is India’s premier investment platform focused on investments in new ventures. The MA Network is today 300+ members strong across 6 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad and Pune). We have built a strong investment framework through which we showcase 60-70 highly curated investment opportunities to our member base, chosen from a funnel of 800-1000 companies we review every month. The network now has a 120+ strong portfolio with 30+ exits. several of whom were at multiples comparable with global benchmarks in new venture investing
Monday 23 July 2018
AllizHealth: Mumbai Angels Portfolio Company, acquired by Symple Wellness
Friday 13 July 2018
Mumbai Angels Network announces bridge round in Vahdam Teas
Mumbai Angels (The MA
Network) has announced its participation in the bridge
round for Vahdam
Teas
Vahdam Teas, a player in
the niche and growing tea and beverage market in India, is a part of The MA
Network’s existing portfolio. The company’ was founded in 2015 by Bala
Sarda
Vadham Teas raised its
angel investment round of INR 4 crores from the MA Network and other investors
in 2017. The round was led by Kishore
Ganji, Balwinder
Kalsi and Jatin
Aneja.
The existing investors
from the MA Network have participated in the current bridge round, which is a
strong testimonial to their support and belief in the company’s model and the
founders’ ability to scale the company in the fast growing FMCG and beverage
businesses.
“Our investment in the
bridge round for Vadham Teas showcases our strength in not only investing in
startups at the initial angel investment round but through their journey as
they scale and demonstrate strong traction.” said Nandini Mansinghka, CEO
and MD, Mumbai Angels Network.
See media coverage about
Vadham here:
https://yourstory.com/2018/06/startups-brewing-perfect-cup-tea-chai-crazy-indian-market/Mumbai Angels Network launches the web series Investment Tales
Mumbai Angels Network (The
MA Network), India’s leading new venture investment platform, launches Investment
Tales, a web series on Angel
Investing. The series will soon be available across the MA Network’s YouTube
,Linkedin, Facebook
and Twitter
Channels.
Investment
Tales is series with a mission: that of deepening the repository of knowledge
available in public domain about Angel Investing. The series features prolific investors who
share their insights on investing in new ventures and investigates the
techniques they adopt while investing. Investment
Tales will also talk to founders of ventures who have recently raised
funding from investors to understand the perspective from both sides of the
table.
The first few episodes of Investment Tales cover topics as
diverse as Valuations:
Is it an art or science, difference between public market and venture
investing, how to identify, classify and mitigate risks, investing alone vs
through a network, how to negotiate the deal, how to manage your portfolio and
many other topics.
“Investment Tales with MA Network is a journey that cuts right
through the cutter and gives you an insider’s view into the world of Angel
Investing. Through this web series you will learn about this exciting and
emerging asset class and the complex craft of new venture investing,” says
Nandini Mansinghka, CEO and Managing Director, MA Network.
Investment
Tales will be available across media channels soon. Tune in
for great advice and insights from investors, hear about insider tips and
stories from entrepreneurs, advisors and venture capitalists in the coming
seasons.
Mumbai Angels Network announces bridge round in The Parfait Co
Mumbai
Angels (The MA Network) has announced its participation in the bridge round for The Parfait Company.
The Parfait Company a manufacturer of packaged ice
creams and frozen desserts , is a part of The MA Network’s
existing portfolio.
The company was founded in 2014 by Sharmeen Indorewala and Basheera Indorewala, with a menu of twelve
flavours of French style parfait. Being the only brand in India and across
the world to manufacture packaged French parfait they have created a
unique position for themselves on supermarket freezer shelves and in the hearts
of their loyalists.
French Parfait is ice cream’s fussy
French cousin and TPC’s endeavor was to deliver all natural, preservative,
stabilizer, emulsifier and gluten free parfait to India’s
increasingly growing health conscious consumer.
Parfait raised its angel investment round from the
MA Network in 2017. The round was led by Vikas Khemani and V Hari.
The existing investors from the MA Network have
participated in the current bridge round, which is a strong testimonial to
their support and belief in the company’s model and the founders’ ability to
scale the company in the fast growing food business.
“Our investment in the bridge round for Parfait is
a part of our broader strategy to support ventures not just at the initial
angel investment round but through their journey as they scale and demonstrate
strong traction. Parfait is also a key name in our growing food and FMCG
portfolio” said Nandini Mansinghka, CEO and
MD, Mumbai Angels Network.
See media coverage about parfait here:
Monday 11 June 2018
Mumbai Angels Network Invests in Theranosis a Non-Invasive Cancer Diagnostic Company
|
Sunday 3 June 2018
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