Lingerie startup Buttercups has raised fresh funding from angel investor Rajan Anandan and existing investors Kanwaljit Singh and Anand Chandrasekaran, which is likely to help the company stay afloat after it failed to raise its series-A round. Anandan put in money into the company through Lets-Venture.
LetsVenture and Venture Catalysts top the table with 36 and 33 early-stage investments and IDG and Blume tie for the second spot with 26 early-stage deals each.
According to the latest angel funding report by LetsVenture, a platform that connects startups with angels, there were 388 funding deals with an investment of $155 million till the third quarter of 2017, similar to the 2014 number of 316 deals with $154 million in investment.
LetsVenture tracked around 1,000 young Indian startups trying to raise funding in the last six months and spotted a 25 percent drop in the number of early-stage financing deals in Q3 2017 compared to Q2.
Startups in the health content segment have begun to be quite aggressive and thinking more local where the real moolah is. An Indian startup, myUpchar, has been in this space and has just managed to raise funds of Rs. 2 crores ($300, 000) via the online platform LetsVenture.
Noida-based SaaS startup EasyGov has raised an undisclosed amount of funding in an angel round led by Social Alpha, a Tata Trusts initiative. Other angel investors including Rajan Anandan, Rajeev Ahuja (Navayuga Group), Kshitij Arora and other investors on LetsVenture also participated in the round.
Crofarm, an agritech startup connecting farmers and retailers has raised Rs 5 crore in a pre-Series A from angel investors Rajan Anandan, Google India MD, and Jitendra Gupta, PayU India MD, and US-based Factor[e] ventures, among others, through the LetsVenture platform.
E-commerce enabler Zepo has raised Rs 3.19 crore ($500k) in funding from FreeCharge co-founder Kunal Shah and LetsVenture.
Good Health Essentials Pvt. Ltd, a Delhi-based startup that makes cold-pressed juices under the MyGreens brand, has raised Rs 6.4 crore (around $1 million) in angel funding.
Delhi-based NightStay, a mobile-based marketplace for last-minute hotel bookings, has raised an undisclosed amount in a pre-Series A round led by IAN and LetsVenture
Real estate tech startup FalconBrick has secured an undisclosed amount in its Angel round of funding led by Satveer Thakral of Singapore Angel Network, LetsVenture, and Mumbai Angels. An international venture fund has also participated in the deal.
New Delhi-based Guerrilla Infra Solutions Pvt. Ltd that runs co-working space Innov8 has raised an undisclosed amount in an angel round led by online deal-making platform LetsVenture and Mumbai-based seed investment platform Venture Catalysts, it said in a statement.
Bangalore-based startup Aisle Network Pvt. Ltd, which runs matchmaking app Aisle, has raised an undisclosed amount in fresh funding from CIO Angel Network. Konglo Ventures, White Unicorn Ventures and LetsVenture also participated in the round.
Online to offline marketing platform The BlueBook has raised $500,000 in a seed round led by Indian Angel Network. The round also saw participation from LetsVenture and a clutch of angel investors including Srinubabu Gedela, CEO of OMICS International, Avinash Vashistha member of IAN and former Chairman & Country MD at Accenture
Bengaluru-based online-to-offline (O2O) marketing platform The BlueBook has raised a $500,000 (Rs 3.39 crore) in a seed round of funding led by Indian Angel Network (IAN). Fundraising platform LetsVenture and angel investors from Singapore and the US also participated in the round.
Gurugram-based traveltech startup Qacco has raised $150K in an angel funding round led by Lead Angels Network (LAN). LAN is an alumni-focussed pan India angel network. Anbu Pandian, Prabhakar MR and other investors from LetsVenture also participated in the round.
A mobile application that addresses the pet parent’s’ needs, TailsLife has secured an undisclosed amount of angel funding in a round led by Mohan Kumar, Executive Director Norwest Ventures Partners India and V. Balakrishnan, Chairman of Exfinity in their personal capacity.
Delhi-based retailers’ networking platform Netree has raised undisclosed funding in a Pre-Series A round led by The Chennai Angels and LetsVenture.
Food startup Sattviko has raised an undisclosed amount of funding from Indias most successful investors to enable the expansion of ethnic packaged food products business.
Bangalore-based food-tech startup Petoo, owned and operated by Kinematic Foodtech Pvt. Ltd, has raised $500,000 from its existing investors and high-net-worth individuals (HNIs) through online deal-making platform LetsVenture. Read more at: http://www.vccircle.com/news/technology/2016/08/03/exclusive-food-tech-startup-petoo-raises-500k-existing-investors-hnis
Bangalore-based DailyNinja, a hyperlocal mobile solution for all subscription based daily needs has raised an undisclosed amount in a Pre-Series A round of funding led by Venk Krishnan (NuVentures). The round was raised using the LetsVenture platform and TracxnSyndicate.
Mumbai-based tech-focused logistics startup Truckola has raised $595K (INR 4 Cr) from angel investors via LetsVenture. The round was led by Abhishek Agarwal of Fortune Interfinance (FIFL).
Betaout, a marketing automation platform for e-commerce companies, plans to expand in India, Southeast Asia, and the United States after closing $1.5 million in pre-Series A funding. The list of investors in its new round include Letsventure, Beenext, Stanford Angels, Chennai Angels, Hyderabad Angels, and Mumbai Angels.
Launched in Dec 2014, YourDOST strongly believes that awareness is the key; About the funding, Singh said, “The fundraising experience was a first time for us and it was a very good learning experience, through our lead investors and platforms like LetsVenture...
Online deal-making platform LetsVenture has brought on two corporate heavyweights Ratan Tata and Mohandas Pai as advisers and investors, a week after it announced a Series A investment from a clutch of top entrepreneurs in the country.
Wipro's Rishad Premji, Manipal Global Education's Mohandas Pai, Freshdesk's Girish Mathrubootham and Snapdeal co-founder Rohit Bansal are among the other marquee individuals who pooled together an undisclosed investment.
Gridle, a productivity platform for work, has raised a seed round of $100,000 led by Jyotsna Bapat from IIITBangalore through deal making platform LetsVenture.
LetsVenture facilitates funding for stock market news platform Amigobulls & Online food delivery service TravelKhana. Amigobulls raised seed funds from Sharad Sharma of iSpirit and Vijay Anand of Intuit India, while TravelKhana, raised a pre-series A round from Mumbai-based seed fund Astarc Ventures, and others.
TravelKhana, an online food ordering service for train passengers, has raised an undisclosed round of funding led by Astarc Ventures. The investment in TravelKhana has been facilitated via LetsVenture...
Amigobulls, a platform for stock market news, views and analysis videos, has raised seed funding of undisclosed amount via LetsVenture platform. The round was led by Sharad Sharma of iSPIRT and Vijay Anand, VP and Managing Director at Intuit India...
Belita, an on-demand home beauty services brand, has raised Rs 2.5 crore in angel funding through LetsVenture, an online deal making platform. Belita claims the beauty industry in India is currently close to Rs 500 billion, with services contributing to Rs 200 billion, growing at a rate of 18% annually at a compounded rate.
Chennai-based, Inkmonk, an marketplace for online printing and a provider of full stack merchandising solutions that are built for businesses has raised about $250K (INR 1.5 Cr.) in an angel round funding led by a group of angel investors via LetsVenture.
Pune-based restaurant discounts startup Ressy has raised $400k in a seed round of funding on LetsVenture led by Vikram Chachra, Founding Partner, Eight Capital...
Mumbai-based crowd-funding platform Ketto has raised $700,000 from a clutch of angel investors.
Footprints Child Care, a child day care and preschool chain, has raised Rs 4.25 crore through deal making platform LetsVenture to expand operations within Delhi-NCR.
By bringing startups and angel investors together on a single online platform and in a transparent manner, Shanti Mohan's LetsVenture has eliminated major pain-points for both.
The curated marketplace for artists and designers, PosterGully, has raised $160K angel round from a group of angel investors through LetsVenture.
The new angel investor will break barriers and change angel investing in the next 3-5 years in India.
Investors are now looking globally and are aiming to dip their toes across continents. In a recently held event, ‘LetsIgnite’ by LetsVenture, investors from different geographies discussed the global investment trends.
LetsVenture is aiding discovery and also enabling easier syndication, personalized match-making for Startups and Investors.
Reorienting angel investment and empowering both Startups and angel investors.
CollateBox, which has developed a cloud-based online platform to allow for a more collaborative work environment, has secured a $180K angel round from a group of angel investors and Teninnovate. The round was raised via angel-funding platform, LetsVenture.
Online trip planning startup iTraveller has raised Rs 6 crore in Series A funding from ah! Ventures, LetsVenture and Mantra Ventures. The deal underlines the rising interest of early-stage investors in the online travel space.
Lured by the promise of high risk and high rewards that startup investing offers, scores of wealthy Indians are chancing their luck, finds Krithika Krishnamurthy
The recent trends of Angel Industry by Shanti Mohan, Founder & CEO of LetsVenture
Online deal-making platforms forcing angel networks to adapt to the changing dynamics in the industry. Angel networks, which set the ball rolling for early-stage funding in the country a few years ago, are being forced to adapt to the changing dynamics that online deal-making platforms have brought to the industry.
A bandwagon of 44 investors including the likes of musician Shankar Mahadevan, Google's MD Rajan Anandan and MakeMyTrip's Deep Kalra have pumped in Rs 4 crore in crowd-funding site Wishberry, marking a coming of age of an alternate form of funding in India.
Hyderabad and Delaware based tech startup AppVirality Inc, has raised seed round from industry prominent investors including Rajan Anandan (Google India), Mike Galgon (aQuantive), Ravi Gururaj (Nasscom), Ashim Mehra (Baron Capital), Mohit Saxena (InMobi), India Internet Group, and TNN Capital.
Flipclass uses Commitment-to-Closure service from LetsVenture to close their angel round of 1.5 CR. The company is based out of Bangalore and taking the home tuition market by storm. This round should help them scale to multiple cities within India.
The funding was led by Steven Sule, partner in investment firm Naste Advisors, along with participation from prominent angel investors such as Rajan Anandan and Nirvana Venture founders Amit and Arihant Patni.
India-focused technology venture capital fund IDG Ventures India Advisors has joined hands with Bengaluru-based deal making platform LetsVenture to discover and fund early-stage startups to the tune of Rs3 crore, signalling increasing interest among venture funds for seed stage deals in the country.
New Delhi-based startup AdPushup, which provides A/B testing that integrates with ad networks, has raised $632,000 in its angel round of funding.
Online deal making platform LetsVenture has closed two angel deals totalling about 4.5 crore in online exam tool kit TestBook and restaurant software startup Posist, taking its total deal portfolio to over 14 investments within a year of its operation.
Cardback, an Android app that provides notifications to users about offers on their credit and debit cards on mobiles, has raised Rs. 1 crore ($170,000) via LetsVenture, an online platform that connects startups with angels. Google India top brass Rajan Anandan, Sunil Kalra, Rishi...
Bangalore-based PageStitch Inc, the company behind Tydy , a mobile collaboration tool for sales and marketing teams, has raised $138,000 (about Rs 85 lakh.
ShepHertz Technologies has closed their next round of funding totaling to $1.5 million. Existing investors Blume Ventures, Mumbai Angels and Kae Capital are joined by Sashi Reddy Investment Capital Fund, growx ventures, LetsVenture and India Quotient in this round.
NEW DELHI: TouchTalent, an online marketplace for creative talent, has raised seed funding of about Rs 4 crore in a round led by private equity firm SAIF Partners, and in which prominent angel investors, such as Deep Kalra of MakeMyTrip and Sachin Bansal and Binny Bansal of Flipkart have also participated. Proceeds from the round will be used by the New Delhi-based startup to build its product and team, expand its mobile presence as well as to move into newer geographies.
Trapped indoors due to civil unrest in Ukraine, last winter, Kiev-based, pharmaexecutive Srinivas Rao took to surfing online for news about home and for ways he could connect with India's fast-growing startup sector. Soon he chanced upon a listing on an online platform that connects investors with entrepreneurs made by a Bangalore-based startup, OnlineRTI..
Online fund-raising platform, LetsVenture has raised money from a syndicate of angel investors as it seeks to broaden the scope of its deal-making services. The Bangalore-based company will receive 4 crore in seed funding led by industry leaders Eka Software cofounder Manav Garg, InMobi cofounder Naveen Tewari , angel investor Rajan Anandan and Sharad Sharma, cofounder of software product industry think tank iSpirt.
Frrole, a big data startup that specializes in Twitter-based analytics, has raised $245K in Angel funding from investors including Sharad Sharma (former head of Yahoo! R&D centre in india), Google’s India MD Rajan Anandan and Eka Software founder Manav Garg. Based in Bangalore, the startup raised this capital on LetsVenture, a crowd funding platform launched last year to help Indian startups find angel investors from across the globe.
"There are hundreds of people working in top positions in MNCs with enormous surplus capital that is lying idle," said Manish Singhal, founder of LetsVenture, a technology-based platform that aims to link potential investors with startups.
LetsVenture platform helps entrepreneurs raise seed, angel and VC funding on their platform, and has online and offline component to it. In the online component, we have 3 main players – Entrepreneurs, Investors and Experts. Entrepreneurs create their single-page profile, providing information Investors would look at before considering a venture. This includes Investor Deck and Founder Video Pitch among other things.
Bluegape has raised funding through an online platform LetsVenture.com which brings together investors from across the globe, much like the well-known AngelList. The Delhi-based company received funds of over INR 1.5 Cr from global investors who connected with the founders through the online funding platform.
Calcutta Angels Network invests Rs 1cr in health-tech startup LetsMD for 8pc stake on LetsVenture