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

Mumbai Angels Network invests USD 320,000 in GameEon Studios, a new-age gaming platform

 

Mumbai Angels Network invests USD 320,000 in GameEon Studios, a new-age gaming platform

Currently working on an open-world game based in Mumbai, GameEon Studios will utilize the funding to further strengthen its publishing model by establishing a strong distribution network for their mobile-based games

Mumbai, September, 8th 2021: Mumbai Angels Network, a premium startup investment platform for early-stage venture investments, has invested USD 320,000 in GameEon Studios, one of the newest entrants in the fast-growing gaming space. The company will be utilizing the fresh capital to further strengthen its publishing model by establishing a strong distribution network for their mobile-based games while also hiring senior-level talent to ensure their upcoming PC game meets international standards. GameEon also recently announced that they are currently working on an open-world game based in Mumbai titled ‘Mumbai Gullies’

Nikhil Malankar, Founder of GameEon Studios said, “At GameEon Studios, we firmly believe that we are building a revolutionary gaming company which is still at a nascent stage. We have positioned ourselves accurately from the very beginning to ensure maximum growth in the upcoming years. Also, the entire journey of GameEon will be documented on my personal YouTube channel, making it a special one for the entire team. In fact, our journey can even be addressed as an ‘open-source journey’ since YouTube allows one to leverage their personal social media reach to extend to their audience.”

He further added, “We have an excellent relationship with our existing distributors for games and we are thrilled to have a marquee investor such as Mumbai Angels Network backing us in our journey. With this funding, we will be tapping into both the domestic as well as international markets and reach an extended user base. The core idea is to create a robust revenue stream that will support the development costs that will be incurred for the creation of our high-quality games.”

“India’s gaming industry has been growing at a CAGR of 18.6% and is estimated to reach USD 2 billion by 2023. There has been a massive spike in the consumption of gaming content in recent times which has led to the industry gaining immense traction. We have seen the kind of revolutionary changes that GameEon is bringing to the industry. This funding is a testament to the same and we believe it will allow them to further scale and introduce innovative games in the country’s gaming sector”, said Ms. Nandini Mansinghka, Co-Founder & CEO - Mumbai Angels Network.

“The potential in the Indian gaming industry is unparalleled and is yet to be explored. GameEon's vision and product align with global standards, which will give the company a good head start in the Indian market.”, said Jatin Aneja, National Project Head at Shardul Amarchand Mangaldas & Co. and Deal lead for GameEon.

Founded in 2013, GameEon Studios has a rapidly growing user base. Being a popular game development YouTuber, Nikhil Malankar, the founder of GameEon, also has a strong social media presence, which he leverages to build the company further. Having developed 150+ games that include a mix of their own games and those built to specifications for clients, GameEon Studios has the unique advantage of leveraging their extensive development expertise to create a sound business model.   GameEon Studios is creating a story-based game that would feature graphics and gameplay that match the International standards while bringing out the city of Mumbai to the forefront of interest for the gaming audience. To stay updated with the progress of GameEon Studios, you can subscribe to the founder Nikhil Malankar’s YouTube channel wherein he frequently posts updates about his games while also educating people about the gaming industry. The channel can be found at www.youtube.com/NikhilMalankarM

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 60 of them. Today the platform has 550+ investors spread across 40+ cities within and outside India.

BBBS at Swarnim Vijay Celebrations; stories from Unocoin, BLive, Dhruva Space and job openings

 

BBBS showcased at Swarnim Vijay Varsh Celebrations  Big Bang Boom Solutions (BBBS), a defence tech company is focussed on developing indigenous intellectual property. Swarnim Vijay Varsh celebrates 50 years of 1971 Indo-Pak war. BBBS showcased and demonstrates its award winning anti-drone defence system technology on the occasion. Buy gift vouchers through Unocoin Unocoin, a MA Portfolio company, is a cryptocurrency exchange solution. It is now offering its users to buy gift vouchers from 90+ brands using Bitcoin.  A registered user can use a bitcoin of Rs. 100 to Rs. 5,000 to avail the vouchers. The gift vouchers are from various sectors like hotels, accessories, travel, clothing, restaurants, lifestyles and more.

BLive partners with GCUK BLive is an MA Portfolio company selling E-bikes through online stores and offers E-bike tourism. BLive has signed an agreement with Green Cross United Kingdom (GCUK) where it will work as an Impact Advisor to boost electric mobility at tourist destinations across Europe and South-East Asia. Dhruva Space’s new offering with ISRO Dhruva Space, an MA portfolio company, enables privatisation of space assets by enabling corporates to build, launch, and track constellations of small satellites. The company has tied up with ISRO for its merchandise program. It will help ISRO with customized products to create awareness for space education among youth. Job Openings Maximojo Hospitality-tech Platform Software Development Engineer   Apply Now WeDoSky  Robotics Hi-tech Platform Solar Engineer/Python Developer/HR Business Partner Apply Now BRB Popped Chips Food & Beverages Platform MIS Analyst and Customer Service Associate Apply Now

Pixuate AI Platform Senior Development Operations Engineer Apply Now Inventure (Tala)  Fin-tech platform Chief Technology Officer (CTO)  Apply Now

Celcius, cold chain marketplace startup USD 500,000 from MA Network & Others

 

Mumbai Angels Network, along with Huddle, Lumis Partners, and investors from Malaysia, Nigeria, and the US, has invested USD 500,000 in cold chain marketplace startup Celcius

The fresh capital will be used to expand the platform’s footprint across India while also enhancing its offerings and making it a one-stop-shop for all cold chain requirements.

Mumbai, August 4, 2021: Mumbai Angels Network, a premium startup investment platform for early-stage venture investments, along with Huddle, Lumis Partners, and other investors from Nigeria, Malaysia, and the US, has invested USD 500,000 in Celcius, a cold chain marketplace startup, as a part of its seed round of funding.   The Mumbai-based startup will be utilizing the freshly infused capital to increase its reach across different cities as well as remote areas in the country aside from expanding its team and setting up headquarters in other cities to provide better localized cold chain solutions. Celcius also aims to expand its offerings by including a Transport Management System (TMS) and Warehouse Management System (WMS), thereby making the company a one-stop solution for all cold chain requirements.

Swarup Bose, Founder & CEO of Celcius said, “Celcius has grown remarkably over the last 8 months, and we are thrilled to have secured funding from marquee investors who will be backing us in our journey. The funding will help us expand our footprint and scale the business and make cold chain products easily accessible across India. Through the expansion, we also plan to delve deeper into the segment by gaining more insights about other innovative cold chain solutions that we can offer, ultimately making our services all-encompassing.”

Commenting on the investment, Nandini Mansinghka, Co-Founder & CEO - Mumbai Angels Network said, “The past year has seen an uptick in demand for efficient cold-chain facilities and Celcius has been doing commendable work in the space by ensuring operational efficiency and cost optimization while also focussing on customer satisfaction and a tech-powered approach. We believe that this funding will enable them to further bolster their offerings and scale their business, thereby driving the growth of the cold-chain aggregation space overall.”

“Celcius is developing a full-stack (first mile, warehousing to the last-mile) marketplace for cold chain logistics. It's a high conviction bet as I see a perfect founder's market fit in a space that has been largely ignored in the country until recently. Early traction proves product validation and with their Vahan Vikas Yojana scheme, they are addressing the reefer supply gap and building a deep moat”, shared Siddharth Sirigeri, Active Angel Investor and deal lead for the funding round.

Adding to this, Abhishek Mittal, Active Angel Investor and deal lead said, “Celcius is building a solid value proposition for all its stakeholders by adopting technology to solve inefficiency, transparency, discovery and provide quality assurance in the cold chain logistics market while aggregating fragmented demand and supply across regions. Their tech-first approach and consumer-centricity were what led us to invest. We are happy to be a part of their growth journey.”

MedPrime Technologies, health tech startup raises funds from MA Network

 

Mumbai Angels Network and Social Alpha invest in MedPrime Technologies along with SINE IIT Bombay, RiSo Capital, Lavni Ventures and Keiretsu Forum in seed round.

While the amount remains undisclosed, the freshly infused capital will be used towards scaling up MedPrime’s Cilika product line and make it more profitable along with developing the AI component for MICALYS

Mumbai, August 3, 2021: Mumbai Angels Network announces investment in health tech startup MedPrime Technologies, in a seed round led by Social Alpha. Medprime Technologies focusses on providing digital solutions to the microscopy segment of medical diagnostics. While the funding amount remains undisclosed as of now, MedPrime Technologies will be using the capital to scale up its Cilika product line and make it more profitable. In addition, the funds will also be utilized to develop the AI component for MICALYS. SINE IIT Bombay, RiSo Capital (risocapital.com), Lavni Ventures, and Keiretsu Forum also participated in the round.

Commenting on the funding, Nandini Mansinghka, Co- Founder & CEO - Mumbai Angels Network said, “Health-tech has become one of the fastest-growing industries with the pandemic underscoring the significance of digital technologies in order to strengthen the infrastructure and manage the strain inflicted on the sector. We believe that MedPrime Technologies is on the right path to redefining microscopy-based diagnostics in the country and this funding is a testimony to the stellar work MedPrime has been doing so far and will help them augment their products and expand the business.”

Greeshma Unnikrishnan, COO - MedPrime Technologies said, “The ongoing pandemic and the subsequent boom of digital technology adoption and the need for automation in the microscopy diagnostics has become glaringly obvious. MedPrime has been committed to developing best-in-class digital solutions that will bolster the microscopy space in medical diagnostics. We are delighted to be backed by eminent investors in our journey. Their belief in us and our products will help us revolutionize the field of pathology. With the freshly infused capital, we can enhance our devices, resulting in greater accuracy, and simultaneously reduce the turn-around-time of microscopy-based tests by making a pathologist’s expertise and insights available at any lab in the country, irrespective of its geographical location. We look forward to utilizing these funds to enhance our product offering and scale the business.”

Manoj Kumar, Founder and CEO - Social Alpha, added "At Social Alpha, we are excited about the future of diagnostic medicine, particularly in the field of digital pathology. Next generation diagnostic tools would include the use of digital and AI-ML tools to create access to high-quality services and help pathologists with an efficient decision support workflow. MedPrime’s innovation is a great leap forward in this direction and will extend the value of digital disruption that is already making waves in the diagnostic pathology space."

Co-founded by Samrat, Greeshma Unnikrshnan, Binil Jacob, and Mahesh Kumar Rathor, a team of four Biomedical Engineering Postgraduates from IIT Bombay, MedPrime Technologies addresses the lack of availability of quality pathology services across the country through digitization and automation of microscopy and enabling tele-pathology through their products. The company’s vision is to enable complete digitization of microscopy, thereby facilitating telepathology, remote consulting, and automation of diagnostic tests using AI-based image analysis algorithms.

About Mumbai Angels:     Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 160 strong portfolio across sectors and cities across India. Of the overall portfolio the platform has exited/ secured the next round of funding for 60 of them. Today the platform has 550+ investors spread across 40+ cities within and outside India.