Wishing all the members, customers, founders and associations a very Happy and Safe Diwali from the HA family.

Since its inception in 2012, the objective of Hyderabad Angels has been to drive the growth of game-changing entrepreneurs, investors, leaders as well as to help our portfolio companies scale in turn helping the community and the economy to transform positively.

It’s only fitting that we profoundly thank each one of our HA family – our companies, fellow investors, investment team and board members – who have made this possible and whose continued support has helped HA reach new heights. A heartfelt thank you. We look forward to continuing this long standing relationship in the coming years as well.

With HA’s commitment towards bringing new and improved companies into its horizon we would like to introduce our most recent investments below.

For the last 9 months, the world is undergoing huge turmoil due to COVID-19. In the last 6 months, we have witnessed a severe lockdown for 1-2 months and then a slow return to normalcy in terms of business in the last quarter. At the same time, the US and Europe are witnessing a second wave of Covid-19, resulting in fresh lockdown and business disruptions. The ongoing financial crisis has impacted several organizations. Many have had to explore how they will survive during these times, make tough decisions.

Covid-19 has disrupted the current way of managing things and people have had to adapt to many changes like work from home, home delivery, online healthcare, digitalization etc.

We strongly believe that positivity goes a long way towards getting a product ready for launch.

Post COVID-19, the demand will bounce back, including pent- up demand. New models will arise to solve the challenges of the new normal, leading to more opportunities for investors to participate. HA was able to curate and shortlist a deal flow for our investors of around 19 start-ups in fields like Healthtech, Agritech, Space-tech, Deeptech and consumer investment markets in the last few months. Out of 19 start-ups, we were able to close around three start-up deals and another two are in the pipeline for the investment closure. We aim at shortlisting and selecting start-ups, where we know the interest and belief of our members’ lie, where we know we can add value beyond funding. We have provided more information about our recently invested companies in this Newsletter.

We constantly inform our portfolio companies that “If your business delivers great value, then you will catch up with your intended valuation in future”. This mantra has helped us to witness positive movement in a few of our invested companies – both in terms of future fundraise rounds and providing required support amid the covid-19 situation. The same has been mentioned in this newsletter under portfolio updates.

The present pandemic has given us time to introspect on the state of our internal activities as well. To keep the current momentum for sustainability for the next few decades, we have instituted committees that not only handle the selection and management of start-ups but also manage our ecosystem partners. We believe collaboration is the need of the hour and ecosystem partnership will help HA become more resilient and stronger during the future time of stress.

COVID-19 not only disrupted ecosystem but also accelerated digital migration. To keep our belief of the 3Ts i.e. Technology, Trust and Transparency, we have built an internal software that will track and showcase the entire lifecycle that start-ups have with us, from shortlisting, to funding, to their exit, under one platform. This will be a game-changer for HA’s future.

In the coming days, we look forward to several more projects coming from HA. And last but not least, HA has become a part of T-Hub, Hyderabad, to provide the right guidance to start-ups’ that emerge out of Hyderabad and to help them grow into future unicorns based on the experience and connections that we have for the last nine years.

We are looking forward to working with start-ups and entrepreneurs and benefit from their wide investor network

Wish You All The Best,
Snehil Saraf,
Chairman. HA

Hyderabad Angels collaborated with T-Hub to engage itself in a month-long pitch fest called Rejig. HydStart-ups. This was an initiative taken up by Telangana State Innovation Cell and T-Incubator and Enablers to help start-ups recover from the impact of Covid 19. Incubators such as T-hub, CIE-IIITH, IKP, RICH, TiE along with HA propelled the initiative.

It was a rigorous month-long exercise in mentoring and training 80 start-ups to attend the event. Start-ups from various sectors including enterprise, healthcare, agriculture, and DeepTech were shortlisted for this event.

The HA team led by Mr. Rathnakar, the Investment Director at HA, was central to the management and execution of the event on D-day. This is the beginning of many such collaborations and future events from HA to support the start-up community.