June 2021

June 16, 2021

Warm Greetings to all!

On the verge of celebrating a decade of existence, HA stands tall today as India’s premier Angel Network for investments. The network has expanded with 100+ members to date. It believes in adding value to startups beyond capital and has been working with 45+ companies. Among its several successful exits, more than 50% moved towards the next round of investments.

Since the advent of Covid, HA has been proactively responding to the emerging obstacles in business. This year the crunch point has been the Second Wave Covid which has put many lives and businesses at stake, across several industries, startups, and Investors. HA has been constantly working on sustainable ways to contribute its bit to society as well as reviving the existing and funded startups. One of the HA’s rapid moves has been to encourage Covid Relief initiatives by Startups intended to ease the pandemic situation.

As per the estimates made last year, HA has successfully sought to fund Startups based on a 15-point scale in varied sectors like Fintech, DeepTech, Space Tech, AgriTech, Consumer Tech, and more innovative companies.

The need of the Global Moment is met through Covid Relief Initiatives by HA Startups:

1. Fractal Works- Fractal Works is an HA funded startup established for building a frugal DIY OxiKit (Oxygen Generator) bringing relief to the extremely resource crunched hospitals in India.

2. Gryphon- Gryphon is also a HA funded company that worked with NGOs in India to generate Oxygen Concentrators.

3. Metamorphosis- Metamorphosis Edu encourages peer-to-peer learning models on unconventional skills like robotics, technology, etc.

4. StanPlus- It offers free ambulance services, fully equipped with oxygen, ventilation, and others.

The following HA invested companies have raised follow-on funding.

Recent Exits

Toch Company is an e-commerce and social media platform built on proprietary artificial intelligence and blockchain technologies engaged in facilitating potential videos in online communication and e-commerce. We witnessed an exit from this company for our members with good returns in less than 2 years.

The current pandemic is set to be a game changer with Digital transformation and collaboration for business and startup’s

Seasons’ Greetings! Second wave of Covid has put many lives, Industries and Startup’s and Investors money has been going through a tough situation. We pray for the Health of the Individual & family to be safe. Being HA during this pandemic, we are doing our bit for society and startups to keep their mental health intact including survival of few startups’ which we have funded.

As per our estimate during 2020, Many VC’s firms have raised money and are expected to deploy in 2021. Our assumption has come right by seeing 14 Unicorns in less than 5 months of 2021 (Which is a good sign). Majority of these Unicorns are those startup’s which are Tech Led, B2C and Highly Internet Penetrated companies who have seen a surge in their revenues by more than 300% quarter on quarter (Few of them month on month) have seen success. On the other side, we have seen good traction in angel networks that funding activity has gone up equally.

This is really a good sign of Indian Economy and Startup ecosystem. At HA, we have seen similar trends with our portfolio companies. We have seen few of the portfolio companies have raised their next round of funding and we are able to add 3 more in our portfolio and 4 more in the process of getting into our portfolio.

As HA, We are constantly looking for Techled, customer funded startups in sectors like DeepTech, Fintech, Consumer Tech, Space Tech , Agritech areas along with Innovative companies in various sectors by looking at 15 point scale before getting funded by HA.

We thank our members, startups who are helping us to continue our journey for more than a decade which in turn gives strength to continue our journey to strive for an entrepreneur ecosystem in India.

About Hyderabad Angels (HA)

Hyderabad Angels are one of the top-notch Angel Networks in India and as of now, it has processed investments successfully in multiple sectors such as Reg Tech, Automotive, CleanTech, Consumer, Deep Tech, Devices-Electronics, Digital Tech, Edu Tech, Food & Beverages, FinTech, Enterprise SaaS, Health Tech, Logistics, Marketplace, Media-Tech, 3D Printers, Social Impact and Travel Tech.

Conclusion:

With immense gratitude, we thank all our active members and potential startups across diverse sectors who accompany us in this journey of bringing progress to the entrepreneur ecosystem in India. In this pandemic time, HA continues to work with incubators, accelerators, and startups to enhance the Startup ecosystem. HA looks forward to partnering with more Startup ecosystem synergies in Hyderabad in the coming years.