Dhruva Space at Expo 2020 Dubai; stories from Vahdam India, Svami, Charge+Zone, BLive, GameEon and job openings

 

Dhruva Space participates at Expo 2020 Dubai. Dhruva Space make its way to the Expo 2020 Dubai, as part of The Indian Pavilion, along with number of startups across sectors as part of the Government’s effort to showcase its prowess in the arena and bring investment opportunities from investors & venture capitalists. Vahdam India launches NFT collection Vahdam India,is the first Indian tea brand to jump into NFT (Non-fungible tokens) space. The NFTs can be purchased through cryptocurrency only and gives users rights to a 1080*1080-pixel 35 second-video file on the trading platform (OpenSea) and exclusive unlockable content which is a $100 e-gift voucher. Svami created a ‘mass premium’ non-alcoholic beverage brand Penetrating more than 35 Cities in the Country with more than 12 products across categories, Svami have seen 2x growth in its Revenue since inception. They want to change the status quo of what is being offered along with any hard drinks. Charge+Zone setup charging stations on Mumbai Ahmedabad Highway Charge+Zone, an EV Charging infrastructure company, have recently completed setting up 8 charging stations along the National Highway - 8 between Ahmedabad and Mumbai. The customers will now be able to charge their vehicles within 40 minutes.

BLive partners with The PostCard Hotel MA invested travel tech platform BLive, offering experiential smart bikes tour, partners with PostCard Hotel, which is a collection of intimate luxury hotels hidden in holiday destinations across India and the world. This strategic partnership brings about inclusive growth of eco-tourism and sustainable tourism in the industry GameEon live at Jio STB Platform New MA invested company GameEon is a new age online game developers platform. Cricket Play 2021, a game from GameEon, will be going live on the Jio STB platform on 17th October, 2021. Job Openings

Adonmo Media Tech Acquisition Executive Apply Now Edmingle Ed-Tech Full Stack Engineer Apply Now Avishkaar Ed-Tech Senior Graphics Designer Apply Now Brainwired Agri-tech Sales Marketing Manager Apply Now

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

Valuation uptick after $25 MN fundraise by BluSmart

 

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Mumbai Angels Network sees valuation increase for investors post USD 25 million fundraise by its portfolio company BluSmart The sustainable mobility platform, based in New Delhi, is now looking to establish its presence in 5 other Indian cities within the next two years Mumbai, October 8th, 2021: Mumbai Angels Network, a premium startup investment platform for early-stage venture investments, has observed a valuation uptick for its investors from BluSmart, an integrated EV ride-hailing and charging startup that has raised USD 25 million as a part of its Series A round. The funding round was led by BP Ventures, the venture capital firm of multinational oil and gas company BP and also saw the participation of Mayfield India Fund, 9Unicorns, and Survam Partners, alongside other existing investors. BluSmart will utilize the freshly infused capital to expand its fleet of EVs and charging stations to 5 Indian cities in the next two years, furthering its growth and enabling it to become a leader in India’s mobility market. Speaking on the surge in valuation, Ms.Nandini Mansinghka, Co-Founder & CEO - Mumbai Angels Network, said, “India’s EV market is rapidly growing and has immense potential and opportunities for players in the industry to seize. BluSmart has truly established its presence in the EV sector. The company has been extremely capital efficient and has a high potential to grow and scale further to become an industry leader. We are pleased that their recent capital infusion has increased the valuation for our investors, and we are confident that this funding will enable them to expand their footprint and augment their product offerings to further fuel growth.” “The past few years have seen increased adoption of EVs as consumers realize that EV infrastructure, too, is being augmented. We are thrilled to have secured funding from marquee investors who are backing us in our journey. BluSmart’s growth trajectory since inception has been remarkable and we look forward to furthering this in the coming years. BluSmart has always maintained a singular focus on innovation, quality, and customer-centricity, and we will continue to do so to offer best-in-class services to customers while scaling our business,” added Anmol Singh Jaggi, Co-Founder of BluSmart.  India’s first and largest integrated EV ride-hailing and charging business, BluSmart, aims to deliver safer, cleaner, and more sustainable mobility. The platform focuses on providing a better customer experience, improving the quality of life of its driver-partners, and revitalizing the air quality in India’s major cities through its zero-emission services. About Mumbai Angels:   Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 170+ strong portfolio across sectors and cities across India. Of the overall portfolio the platform has exited/ secured the next round of funding for 70 of them. Today the platform has 550+ investors spread across 40+ cities within and outside India.  About BluSmart BluSmart is the most preferred mode of public transportation across Delhi NCR having completed 700,000+ electric trips, covered 23 million + clean kms, over 250,000 + app downloads with an app rating of 4.9 out of 5.0 in the last year. BluSmart has the largest fleet of electric cabs and the largest network of EV fast charging stations across Delhi NCR. For more information, visit: https://blu-smart.com/

BLive partners with Ather Energy; stories from BluSmart, Avaz, goSTOPS, Leegality, Pixuate and job openings

 

BLive partner with Ather Energy to drive EV adoption at tourist places Ather Energy and BLive aim to build an ecosystem that provides easily accessible EV experience and charging infrastructure across the country, leveraging the BLive’s pan-India presence at the country's top tourist destinations, it said. BluSmart partners with Jio-bp BluSmart is India's largest 100% electric ride hailing service and the largest EV fast charging network. BluSmart has recently partnered with Jio BP, the fuels and mobility joint venture between Reliance Industries and bp. As part of the partnership, Jio-bp will set up EV charging stations for passenger electric vehicles and and fleets across the country. Avaz Inc wins award at ATF Awards Avaz Inc, is a picture based communication app helping children who have difficulty speaking. AssisTech Foundation (ATF) is India’s leading assistive technology focused organisation that supports and promotes innovative disability technology startups. With more than 120+ applications across 25+ cities, Avaz won a trophy in the Jury’s choice for best innovation startup. goSTOPS introduces goEXPERIENCES goSTOPS, a youth travel hostel and backpacker brand, has introduced a new division goEXPERIENCES that offers a wholesome, fun-filled, exciting and experiential holiday. The Experience wing will create avenues for well-planned itineraries with multi-destination treks and tours as well as curated in-destination experiences and activities over next 6 months.

Leegality reducing loan disbursal time for Axis Finance With 5 steps process, Leegality have helped Axis Finance is reducing loan disbursal time for personal and business loans by 60%. This has been a game changer for the frontend Sales Team with e-agreement and e-stamp in place. Pixuate offering best AI enabled technology for traffic management. Pixuate’s Automatic Traffic Count and Classifier is built with advanced AI software which provides highest accuracies along with ANPR feature. With hassle-free and easy to install system, with minimal hardware requirement, Pixuate provides accurate real-time results with visual proofs and offers AI enabled technology for highway traffic audits, city traffic survey and highway toll management. Job Openings

Maximojo Hospitality-tech Platform Software Development Engineer   Apply Now Agro2o Clean Energy Hi-tech Platform Key Account Executive Apply Now Medprime Life Sciences Hi-tech Platform Sales Executive Apply Now BluSmart EV Mobility Platform Program Manager / Senior Maintenance Manager Apply Now

EdHusk Edtech platform Operations Internship Apply Now