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Hyderabad Angels supporting its portfolio companies amidst Coronavirus crisis
By admin
June 26, 2020

Hyderabad Angels supporting its portfolio companies amidst Coronavirus crisis

COVID-19, originating in Wuhan of China, spread across the world like a wildfire and it seems the entire civilization has come to a standstill. While many places are slowly recovering, some are extremely injured by this pandemic blow. Amidst all of this ruckus, the Hyderabad Angels Network is actively supporting its portfolio companies to fight hard against this Coronavirus crisis.

Established in the year 2012, Hyderabad Angels has a collaboration with more than 25 organizations across the world with 120+ investors on board. With a solid foothold in countries like India, Europe, Singapore, USA and others, they have successfully invested in 35+ businesses across industries with 5+ successful exits.

HA has been constantly inspiring and motivating new talented entrepreneurs, who are bringing innovation in various industries during the time of COVID-19. Along with various motivational sessions, strategy related workshops, HA recently made a mark in the Indian startup ecosystem, when its portfolio company Vogueme Technologies raised over $400,000 in a bridge round of funding. While the lockdown has boosted the OTT platform sector, Vogueme Technologies’ video meta-tagging platform Toch comes as a blessing to them. It will support online video creators, media companies, advertisers and OTT platforms to thrive in digital video, across all platforms, through its insights, attained by the usage of AI and Deep Learning.

Currently, Hyderabad Angels is actively searching for startups, especially deep tech and healthcare companies, who have a working solution or a ready prototype with a decent customer base and ready to provide solutions to the current Coronavirus crisis.

Hyderabad Angels extensive outreach and early investments help businesses to materialize great ideas of promising entrepreneurs for scaling up.

impact of covid on startups

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