IAN launches second early-stage fund with a Rs 1000-crore corpus
Early stage investing platform Indian Angel Network (IAN) on Thursday launched its second fund, IAN Alpha Fund, with a fund corpus of Rs 1000 (about $120 million) crore, more than double the size of its first fund of Rs 375 crore that it closed...
Indian Angel Fund Launches New Alpha Fund
India’s largest platform for seed and early-age investing, Indian Angel Network (IAN), has launched a new Rs.1000 crore fund to further back its portfolio companies and make new investments. The second fund, titled ‘IAN Alpha Fund’, comes nearly three years after the network achieved the final...
India@75: IAN in Forbes India’s ‘Historic List’
India@75: IAN in Forbes India’s ‘Historic List’ On Independence Day, Forbes India released an exhaustive timeline of iconic moments and milestone events over 75 years and IAN (2006) found a place in a list that includes the launch of institutions like RBI, LIC, Reliance, IIM, IDBI...
How Venture Capitalists Make Startup Investment Decisions
According to Bain & Company’s India Venture Capital Report 2022, 2021 marked a milestone for India as VC funding touched $38.5 Bn The investment decision is heavily influenced by the business model, core management, future plans, and market opportunity The collaboration between investors and...
Let’s embrace AI now that the digital future has arrived
Falcon Bank had successfully implemented voice analytics in its front office. Its artificial intelligence (AI) driven system from Uniphore had flagged a gradual increase in unemployment insurance inquiries, a policy that pays out its holder’s salary for up to one year in case one is...
Apathy towards investor interests and poor ethical choices must not spoil India’s startup party
For some time now, there has been considerable talk in the media about founders who have displayed unseemly arrogance, shown disrespect for employees or vendors, created toxic company cultures and splurged on investor money to fund a lavish personal lifestyle....
Automation platform WebEngage raises $20 million in funding led by Singularity Growth
Market automation platform WebEngage on Tuesday said it has raised $20 million in funding led by Singularity Growth Opportunities Fund and SWC Global. Existing investors, including India Quotient, Blume Ventures and IAN Fund also participated in the funding. The round saw participation from a few...
Don’t write off outsourcing industry yet
The epitaph of the Indian outsourcing industry has been written many times over the last two decades. An op-ed on the pages of Mint Views, dated 22 July and titled ‘A captive customer interface beats outsourcing the job’, provided the latest diagnosis of its imminent...
WoodenStreet raises $30 mn led by WestBridge Capital, valuation zooms to over $200 million
The latest capital infusion will be utilised to fund new market expansion, further development of the technology platform, expansion of supply chain, and creation of new category offerings Jaipur-based online furniture and home decor platform WoodenStreet has raised $30 million in a Series B round...
Alia Bhatt-backed Phool raises $8 million in funding from Sixth Sense Ventures
New Delhi: Direct-to-consumer (D2C) home fragrance and wellness brand Phool.co has raised $8 million in a funding round from consumer-focused venture fund, Sixth Sense Ventures. The round also saw participation from existing investors, Bollywood actor Alia Bhatt and IAN fund, a statement issued by the...