The Hyderabad Angel team along with all the members wishes all our Well-wishers and our Start-Up family a very Happy Republic day 2021.
Janauary 2021 NewsLetters of Hyderabad Angels
Every struggle, pressure, challenge-
is an opportunity for us to rise
- Kobe Bryant
Every crisis brings a new outlook and a new opportunity. With the same thought in mind we step into the New Year. We at HA hope to discover new and capable startups that will add to the potential of our already robust portfolio.
HA’s commitment to bring value beyond capital further strengthens with the advent of new partnerships and increased collaboration with other similar networks.
We have worked heavily on building our Investment relationships with our startups and improving internal communication with our members with the help of our internal software. We have also changed & streamlined our methodology of evaluating companies to better our pipeline. In the last quarter our focus area has been Agritech, Consumer and Deep tech enterprises which has appealed to our members. Our aim is to target companies with a long term investment in mind.
At the other end of the spectrum we are also striving to become a good funnel for other VCs and become a trusted source in the VC community.
We wish all a Happy Republic Day 2021
Snehil Saraf
Chairman, Hyderabad Angels
Below are few recent investments by HA
TraceX: TraceX Technologies is a food traceability solution using blockchain technology to capture the information of the product at various levels in the supply chain. The platform captures comprehensive information about the commodities right from growers, growing information, pre and post-harvest, transportation, warehousing etc. Company has received funding from Indigram labs, PaiPal ventures apart from Hyderabad Angels
EWar: Bengaluru-headquartered gaming and esports startup EWar Games has raised Pre-Series A from Inflection Point Ventures. JITO Angel Network and Hyderabad Angels, Pearl Agarwal, Founder & Director Eximius Ventures also participated in the round. The platform has a user base of 1 million users, and over 60,000 games are being played daily on the EWar app. The platform also hosts and streams tournaments of PUBG, Call Of Duty (COD), Freefire and other popular game tournaments with participation from world-renowned players such as Scout, Owais, and Gill
Remedico: Remedico is an end-to-end mobile healthcare company, allowing young people to solve their critical health problems, as they move through adolescence and early adulthood. Its current focus is on dermatology, with its doctors treating conditions such as acne, hair fall, and pigmentation.
HA Portfolio Company- Zineone, has raised Series B from Norwest Partners
ZineOne: Recently, ZineOne raised $10 million in series B funding. Norwest Venture Partners led the round and was joined by existing investor Flourish Ventures. The funding announcement follows the company’s recognition in the 2020 Gartner Magic Quadrant for Personalization Engines and it’s breakthrough technology Speed to Sense™.
“The Importance of hyper-personalized engagement by today’s demanding consumers make it a critical space for ZineOne to deliver near-instant predictive engagement. This is why we are pleased to invest in ZineOne,” said Promod Haque, Senior Managing Partner, Norwest Venture Partners.
We help fund Enterprises which are looking for expansion and further growth such as Space Tech, Deep Tech and Agri tech companies to just name a few.
HA Companies in the Process of Raising Series A & B
Our Portfolio Companies have also progressed during this period and have raised funds and improved the economic value of our portfolio. We have made a total 43 investments till date impacting over 3000 + employment both directly and indirectly from these investments into the start-up ecosystem and betterment of the society.
About Hyderabad Angels:
Started in 2012, Hyderabad Angels (HA) is Hyderabad’s premier platform focused on new venture investing. The network is today 100+ members strong in Hyderabad. The network focus today for giving value beyond capital and work much-curated portfolio with 43+ companies and a good number of exits with more than 50% of portfolio having the next round of investments.
Based out of Hyderabad, we source and invest in opportunities from all over India as well as overseas countries including the USA, UK, Singapore, and UAE. We collaborate with other angel networks, incubators, accelerators, and institutes from all corners of the country to discuss, ideate, co-invest, and share knowledge.
