Sunday 7 June 2020

Knocksense, a non-divisive news startup, raises funding from Mumbai Angels Network


Knocksense, a non-divisive news startup, raises funding from
Mumbai Angels Network

Knocksense, is a tech driven local news and recommendation platform which aims at discovering, curating and distributing non-divisive stories daily. They cover following news like Development, Social & Health campaigns, F&B events, Environment, travel & sports activities.

Knocksense has presence in 6 cities in India - Mumbai, Lucknow, Kanpur, Goa, Indore and Jaipur. 

With the current fund raise, the company plans to strengthen their tech platform and create a content bank for new geographies launch.

Vibhore Mayank, Founder - Knocksense said, "Raising funds through Mumbai Angels (MA)  during Covid - 19 has given us confidence and has validated our position to be India’s only non-political, non-divisive news platform. We thank Syed Faiz, Amitesh, Navin, Ankur and the entire Mumbai Angels team for the seamless process."
 

"Product market fit is a no brainer as we all know India needs a trustworthy news source. Moreover I belong to the event industry and I know the need for brand messaging in smaller cities hence the business model of Knocksense attracted me to invest. Huge scale is a possibility, they are sustaining and expanding since 2016",  says Navin Talreja, MA Investor.
"I invested in Knocksense in the seed round in 2018, since then I've seen the company grow more than 10x both in terms of revenue and traction. I've seen the founding team achieve the unthinkable with very very limited resources.There's a need gap in India with respect to the non political news space and I am sure Knocksense is the perfect fit, hence I decided to reinvest in this round" says Amitesh Pandey, MA Investor.
Nandini Mansinghka, Co-promoter & CEO, Mumbai Angels Network “We see great opportunity in local content creation, aggregation and distribution models which have great future in India. Knocksense is addressing local geographies within India with their local non-divisive news feed. We are happy to welcome Knocksense in our diversified portfolio”.

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 450+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur and Chennai). It has a 140+ strong portfolio with 45+ exits and has invested 150+ crores.

Thursday 4 June 2020

MA Network Portfolio Company WitBlox launches a Robotics Learning App



 
MA Network Portfolio Company WitBlox launches a
Robotics Learning App

WitBlox, an ed-tech startup by IIT Bombay Alumni working in the STEM Education Space has launched a Robotics Learning App on the lines of Tik Tok, though strictly for educational purposes which has Video Tutorials on “How to Build Robots”, Drones, DIY tech based projects along with a shop option to buy the components and materials required to build  the same. Recently, Witblox raised funding of INR 1.3 Cr from Mumbai Angels Network. The startup was earlier incubated with Neotech, an incubator and accelerator from Ambuja Neotia.

The STEM toy market of India is estimated at $500 million in 2020. Indian Government is promoting Tinkering in a big way by creating Atal Tinkering Labs in over 5000 schools across the country. Buying tinkering materials and components from the market has always been a challenging task for Tinkerers and parents. This challenge is magnified in a post Covid world and they are dependent on e-commerce for ordering parts and tinkering materials.

“We have a large community of Makers and Tinkerers of over 20,000 who regularly use WitBlox Kits and materials to build cool Robots and Projects. We have simplified electronics by creating modular WitBlox Kits so that even 10 year old children can tinker and build Robots and circuits. WitBlox Kits are ranked No. 1 in the Robotics Kit section by Amazon India. Tinkerers all over India are using our app to learn and build robots, drones and order parts and components to build them.

We felt the need for a platform where Makers and Tinkerers could showcase their ideas, creations and inventions, learn from each other’s work and stay connected. We also wanted to reward our Makers and Tinkerers so that they would take up bigger challenges and projects to upskill. We felt that WitBlox App with TikTok like features for sharing Projects and creations would be a great idea for all the Makers and Tinkerers to showcase their latest creations,” says Amit Modi, Founder & CEO, WitBlox.
“We are proud of backing a startup founder who is actively participating in the #VocalforLocal movement and coming up with apps and technology to further the educational needs of the current generation. We extend our full support and best wishes to them,” says Nandini Mansinghka, Co-Promoter and CEO of Mumbai Angels Network.

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 500+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur and Chennai). It has a 140+ strong portfolio with 45+ exits and has invested 150+ crores.

Friday 15 May 2020

Any Time Classes, Learning App start-up, raises funding from Mumbai Angels Network

 
Any Time Classes, Learning App start-up, raises funding from
Mumbai Angels Network

Innovative Learning App start-up Any Time Classes (ATC) raised an undisclosed amount in the recent round of funding carried out by Mumbai Angels (MA) Network. 

Any Time Classes is a learning app with creative visual content for post-class 10th commerce students. It started with a blend of Hindi and English language content for CA classes in phase 1 & subsequently moved to XIth, XIIth, CS, CMA, CPA, ACCA, CIMA, CFA, BBA, MBA, & CLAT and other prep exams in different phases. There is no dependency on the human factor. ATC is a completely process-driven organization and is managed professionally.

P S Rathore, Founder of Any Time Classes on funding raised by MA Network, “This investment has a significant meaning to us. As the world is moving towards change and now, we have a conviction that we moved at the right time. This is the future that we had seen a couple of years back the world is believing into now. Thank You for aligning with our vision for creating a beautiful world of tomorrow. Thank You Mumbai Angels for all the support.”

MA Investor Abhishek Pansari on the funding, “Due to the outbreak of COVID - 19, students and the teachers are rediscovering the education methodologies. I believe, Any Time Classes can definitely play a decent role due to their presence in online classes format and there is a huge scope for growth in this format.”

Nandini Mansinghka, Co-promoter and CEO Mumbai Angels Network, commented, “We are happy to onboard Any Time Classes in our diversified portfolio. We see a lot of potential and growth in the e-learning sector as everything is turning into virtual format, and everyone is adapting to digital learning platforms as the new normal.”

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 450+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur and Chennai). It has a 135+ strong portfolio with 30+ exits and has invested 150+ crores.

Monday 11 May 2020

CHARGE+ZONE, an electric vehicle charging start-up, raises funding from Mumbai Angels Network



CHARGE+ZONE, an electric vehicle charging start-up, raises funding from Mumbai Angels Network
CHARGE+ZONE was founded in 2018 and has established electric vehicle charging technology based on IOT and using cloud services to provide anywhere-anytime charging solution by making it smart, open platform configurable & flexible.
CHARGE+ZONE uses technology which is powered by IOT, through over-the-air flow of data and use of cloud base solutions to give a smooth customer experience. The company aims to build software solutions which will have Unmanned charging stations providing quality charging services, with remote control and monitoring, thus making them 24x7 available to EV drivers.
Kartikey Haryani, founder of CHARGE+ZONE on funding raise through MA, “While the entire global economies are facing unprecedented times, We thank Mumbai Angels for bestowing their trust and helping us in raising funds for CHARGE+ZONE, an EV charging company through their Network."
Investor Bhanu Prabha Thambireddigari, "I was highly impressed with the concept of CHARGE+ZONE. Clean energy theme and capable management team enticed me to add Charge Zone to my portfolio."
Nandini Mansinghka, Co-promoter and CEO Mumbai Angels Network, commented, "As Electric Vehicle as a sector gains wider adoption over the next decade, Our Investors see a lot of long term potential throughout the entire EV space. We welcome Charge+Zone in our diversified portfolio.”
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 450+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur and Chennai). It has a 135+ strong portfolio with 30+ exits and has invested 150+ crores.

Saturday 9 May 2020

MA Network Portfolio Company Talent Bridge launches Video Conferencing feature on their app Odigo in 21 days






MA Network Portfolio company Talent Bridge has launched a video conferencing feature in Odigo, their Enterprise Messaging Platform within 21 days to help their customers effectively communicate during the time of crisis.

Odigo is an Enterprise Messaging Platform for enhancing productivity on the move, through Collaboration, Calibration and Control, to address the hierarchical and distributed workforce needs of an enterprise.

Keeping pace with the recent developments around the globe, Odigo is evolving as an integrated communication and collaboration platform for enterprises. Odigo is a one of its kind integrated communication and collaboration platform that is hierarchical, secure, confidential and scalable to enhance productivity on the go via chat, phone call, video call, video-conferencing, file sharing and structured data collection.

Recently, Odigo has introduced video calling/video conferencing feature. The uniqueness of video calling/video conferencing in ODIGO is that it works under the overarching framework of hierarchical, secure and confidential interaction while ensuring the ease of use for its users. Only users with specific access/permissions can initiate video calling/video conferencing making it perfectly suitable for enterprise usage. Currently, the Video Calling feature is available on mobile App (Android and iOS).


“When people had to start working from home due to the outbreak of Coronavirus, our customers started asking for it and we delivered it fresh in just 21 days. We are glad that Mumbai Angels Network backed us in our early days and kept us motivated to expand our horizons,” said Gauravendra Shukla, Co-Founder and CEO, Talent Bridge.



“We are very proud that our portfolio companies have risen to the occasion and are strategically innovating to meet the demands of the current market. Our heartiest congratulations to team Talent Bridge for the quick turnaround of adding this useful feature to their app,” said Nandini Mansinghka, Co-Promoter and CEO, 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 450+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur and Chennai). It has a 135+ strong portfolio with 30+ exits and has invested 150+ crores.