Monday 22 July 2019

Dr.Sheth's launches anti pollution serum, Odigo, Avaz and more

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DrSheth's launches Anti Pollution Serum
DrSheth's launches its Anti Pollution Day Serum which works in conjunction with your sunscreen to protect you from harmful pollutants and screen-based light. Indian skin is especially prone to pigmentation and can be easily damaged by such light and pollution.
ODIGO "An Enterprise Messaging Platform"
Enterprise messaging app, ODIGO was recognized as the winner of the HDFC Digital Innovation Summit 2018amongst 135 technology companies. The app has over 10,000+ downloads.
Avaz launches an app for Dyslexia
Avaz developed a reading app for people with Dyslexia in collaboration with the Madras Dyslexia Association.The creators also built Avaz App,the award winning AAC(Augmentative & Alternative Communication) app for individuals with autism.
Know more
ZING HR - Talent Management Solutions
ZingHR provides Talent Management Solutions for fast growing progressive enterprises - helping business outcomes. ZingHR serves over 550 customers with 850,000 employees across India, Middle East, SE Asia and Australia.  Know more

JOB OPPORTUNITIES 

 
 Technical Lead with a PQE of 4-5 years in Enterprise SaaS Applications.

Interested or know someone who is a perfect fit? Send us your cv quoting “Leegality - TechLead” in the subject line to portfolio@mumbaiangels.com
 Sales & Distribution partners to take the app to more schools and children

Interested or know someone who is a perfect fit? Send us your cv quoting 
Avaz - S&D  in the subject line to portfolio@mumbaiangels.com
Our mailing address is:
Mumbai Angels Network
201 Turf Estate, Shakti Mill Lane,
Off Dr. E Moses Road
Mahalaxmi West, Mumbai – 400013

Tuesday 9 July 2019

Toch, a media-tech platform, raises Pre-Series A funding from Mumbai Angels Network

Mumbai, July 9, 2019:  Toch (Vogueme Technologies Pvt Ltd), an interactive video platform using AI and deep learning technology, raises funding by Mumbai Angels Network (MA Network), alongside Hyderabad Angels (HA Network) and other investors.
The Mumbai based firm founded in 2016 by Vinayak ShrivastavAlok Patil, andSaket Dandotia will use the funds to enhance technology, scale their team and operations.

Toch is an AI video platform which auto detects any object, person, emotion, location, scene and activity in real time, inside any video content enabling monetization. The technology detects touch points, extracts meta-data to enrich content data points, and automates the meta-tagging process. Toch is a go-to solution for multiple platforms helping them monetize content and use meta-data for multiple data collection internally. Toch helps both businesses and consumers engage with their users; bridging the gap between content and commerce through ad sales, product sales, brands and advertisers. With Live commerce becoming the centre in the country after China, Toch has positioned itself as a platform to enable the new-age discovery solution for users.
“As an investor in Toch, I think the AI technology created by the company will revolutionize the streaming platform industry. Toch has a huge potential in terms of customer base through Live commerce experience which is the next big wave in the country,” said Gaurav Satija, MA Network Investor.
“We believe Toch is an innovative tech platform and making content shoppable is the next big move in the country.  Monetizing videos will enable content creators to engage and deliver more value to customers. Toch has built a sector agnosticsolution which supports the rapid growth in video AI. We see technology continuing to shape the future of media and a strong space for investment which will enable us to take part in this modern shopping era that is driven by visuals.  We are incredibly excited to welcome Toch to the growing MA Network portfolio,” said Nandini Mansinghka, MA Network CEO & MD.
About Mumbai Angels Network:
Started in 2006, Mumbai Angels Network (MA Network) is India’s premier platform focused on new venture investing.  The network is today 400+ members strong, across 7 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa 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 8000 companies we review every year. MA Network now has a 130+ strong portfolio with 30+ exits; several of whom were at multiples comparable with global benchmarks in new venture investing.
About Toch: 
Founded in 2016, TOCH is an video AI solution built on proprietary artificial intelligence and blockchain technologies which are directed to fully unleash the potential of videos in online communication and e-commerce. TOCH has been focusing on identifying meta-tags and making any streaming videos data rich, e-shoppable by tagging in-video products to major e-commerce sites or partner e-shops and unleashing the experience of live commerce.  Further down the road, Toch will expand to accommodate a platform where users can discover content basis their interest.

Tuesday 4 June 2019

Leegality raises funding from Mumbai Angels Network


Mumbai, June 4, 2019: Leegality, an eSigning and digital document workflow platform, raises funding led by Mumbai Angels Network (MA Network), India’s premier platform for venture investing, alongside Chandigarh Angels and others.
The Gurgaon based firm founded in 2016 by Shivam SinglaPrakhar Agrawal, andSapan Parekh will use the funds to enhance their technology, scale operations, and accelerate growth.
Leegality is India’s leading platform enabling enterprises to digitize, optimize and automate document signing and workflow processes. Organizations which useLeegality are able to eliminate the use of heavy paperwork, streamline operations, and increase the accuracy and efficiency of their documentation efforts with customers, merchants and employees. The company is also able to assist a wide range of market sectors. The banking, financial services and insurance (BFSI) sectorhas already seen a rapid adoption of the company’s digital solutions.
Leegality has identified a valid pain point which will enable organizations and professionals to create a better customer experience, save money, and work faster by automating and streamlining their business document processes digitally,” said MA Investor Kishore Ganji.
MA Investor, Neil Mehta said, “Leegality has the potential to transform the exchange of official documents in the same way that email has transformed snail mail.”
“We believe Leegality has tremendous opportunity as a tech disruptor for customers and enterprises as electronic signatures provide convenience, security and ease of use.  Digital technology has enabled communication to go online and in order to stay relevant and competitive all industries must also go digital. We see, digitized transactions for any type of business completely online, from start to finish, in a secure environment for anyone, anywhere, a strong space to invest and are excited to welcome Leegality to the growing MA Network portfolio,” said said MA Network CEO & MD, Nandini Mansinghka.
About Mumbai Angels Network:
Started in 2006, Mumbai Angels Network (MA Network) is India’s premier platform focused on new venture investing.  The network is today 400+ members strong, across 7 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa 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 8000 companies we review every year. MA Network now has a 130+ strong portfolio with 30+ exits; several of whom were at multiples comparable with global benchmarks in new venture investing.
About Leegality:
Leegality is a platform for digital business documentation. We provide secure, legally acceptable,tamper proof, quick and convenient Aadhaar, eSign and eStamping facilities to all kinds of businesses.  We want to promote a digital outlook towards routine paperwork and encourage time & cost-efficient document execution through our standard and custom-made solutions.  

Friday 26 April 2019

CarterX raises funding from Mumbai Angels Network

April 26, 2019: CarterX, a technology based logistics platform for travelers, raises funding from Mumbai Angels Network (MA Network), India’s premier platform for venture investing.
The Bangalore based firm, founded in 2017 by Harshavardhan N and Ramya ReddyN, will use the funds to scale operations and expand to new locations, continue developing partnerships with airlines, and promote their brand.
CarterX is India’s only logistic service that combines luggage transfer and airport assistance to and from the airport.  The app enabled platform allows passengers to check-in bags from home and travel to and from the airport without their baggage. Catering to both the B2B and B2C segments the company offers three services - doorstep pick-up and delivery, baggage check-in, and mishandled luggage. The personalized service allows you track your bag, travel hassle free, and provides 24/7 support, with complimentary insurance
Currently operational in Hyderabad and Bangalore airports, CarterX plans to expand to Mumbai, Delhi, Kolkata, and Chennai airports shortly
“We believe CarterX has an immense opportunity to improve the customer experience in the aviation supply chain through their baggage management platform. We view the concierge baggage service also easing the logistical burden between the passenger and airport. We see businesses enabling tech in the Indian consumer sector to be a strong space to invest and are excited to welcome CarterX to the growing MA Network portfolio,” said MA Network CEO & MD, Nandini Mansinghka.
About Mumbai Angels Network:

Started in 2006, Mumbai Angels Network (MA Network) is India’s premier platform focused on new venture investing.  The network is today 400+ members strong, across 7 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa 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 8000 companies we review every year. MA Network now has a 130+ strong portfolio with 30+ exits; several of whom were at multiples comparable with global benchmarks in new venture investing.

About CarterX:
CarterPorter is India’s only technology based logistic service where Baggage Transfer to and from the airport is simplified. With over five years of experience in logistics and transportation of goods for the corporate sector, we are now entering the traveler’s market with options to travel light and smart.  With CarterPorter’s CarterX, your Baggage is efficiently picked up and securely transported from the first mile to the last. Book, Move and Track your Baggage, at the tip of your fingers on your smart phone, tablet or PC and stay updated throughout the service. Your Baggage is waiting ahead of you making your travel light, stress free without the weight and chaos.