Press Releases

LegalPay Closes Rs 12 Crore Bond, Transforming Legal Finance

LegalPay, a New Delhi-based legal tech startup, has successfully closed a game-changing Rs 12 crore interim financing bond. With a competitive 14% annual compounding coupon rate, this innovative fixed-income instrument is revolutionizing the legal and insolvency landscape.

BluSmart hits Rs 400 crore ARR, plans 10,000 EV fleet expansion – Co-founder Anmol Singh Jaggi.

BluSmart Mobility, the pioneering Indian ride-hailing startup that exclusively operates electric vehicles, has achieved an impressive ARR of Rs 400 crore by August 2023.

Proost Beer claims its spot as 7th among India’s top 15 brews

Proper beer aficionados know this one well, but for the uninitiated, this is an interesting craft that does a small affordable subset of editions… that really hits!

DheeYantra’s Asynchronous Dialog State Machines (ADSMs): Pioneering Precision in Conversational AI at Scale

DheeYantra, an innovative technology company in the field of artificial intelligence, has secured a groundbreaking patent for their Asynchronous Dialog State Machines (ADSMs). These proprietary ADSMs revolutionize conversational agents by allowing users to dynamically guide dialog flows, deviating from linear paths commonly seen in traditional solutions.

EaseMyTrip Partners with BluSmart for First and Last-mile Travel, a major Indian travel tech platform, partners with BluSmart, India’s premier all-electric ride-hailing and EV charging hub service.

DheeYantra Launches Telephony Edge Servers: Elevating Conversational AI Experience with Edge Computing

DheeYantra, a pioneering leader in conversational AI technology, has proudly introduced the DheeYantra Edge server, marking a significant milestone in the realm of enterprise telephony.

Gryphon AX Mesh System Is Great For Larger Homes And Has Plenty Of Features To Keep A Network Safe

We are glad to announce that our portfolio company Gryphon was recently featured in Forbes by respected Senior Tech Contributor, Mark Sparrow.

ZineOne Rebrands As Session AI

Session AI represents an important evolution of ZineOne, Inc. and reflects the company’s focus on in-session marketing and privacy-forward e-commerce solutions.

Synersoft Technologies Gets Aegis Graham Bell Award

Synersoft Technologies gets Aegis Graham Bell Award organised by the Aegis School of Data Science, supported by Niti Ayog and Ministry of Electronics and Information Technology, Government of India

Angel tax to not impact govt-recognised startups: DPIIT Secy

Promotion of Industry and Internal Trade (DPIIT) Secretary Anurag Jain said, the angel tax provision in the Finance Bill will not impact startups in India.

Fintech firm BankSathi raises $4 million as Pre-series A round

BankSathi is a social commerce fintech platform to empower consumers’ financial life by providing right financial products access to last mile users.

Hyderabad-based startup StanPlus rebrands to RED

StanPlus, Hyderabad-based medical emergency response platform will build the new businesses under a new identity, RED.Health. The name change is rooted in the company’s commitment to strengthen India’s Emergency Medical System (EMS) through Rapid Emergency Dispatch.

BluSmart aims to turn profitable by 2023-end

Our portfolio company BluSmart is hopeful of turning profitable by end of CY23, on the back of increasing demand for its services.

House of brands SuperCluster Pi bags $2 million in seed funding Round

Our portfolio company, SuperCluster Pi, a House of Brands startup, has raised $2 million in a seed round led by Exterro Inc, with participation of Inflection Point Ventures (IPV), Hyderabad Angels, Faad Network, and AngelBay.

Bellplus Media is revolutionising the DOOH advertising space

Our portfolio company Bellplus Media is revolutionising the DOOH advertising space with its innovative approach.

Electric is the Trick: Why BluSmart is on a high-voltage ride

Our portfolio company BluSmart is taking on the might of Ola and Uber with its full-stack business model that focusses on the users and drivers.

Our portfolio company StanPlus partners with CARE Hospitals

The partnership between CARE Hospitals and StanPlus marks an integral step towards strengthening the Emergency Medical Services (EMS) ecosystem in Hyderabad.

BluSmart Leverages Truecaller Tech to Add Trust to Consumer Identity

BluSmart said that with the help of Truecaller Business Solutions, it had increased its calling efficacy to 82%. Because of a branded caller ID, the user perception changes when he/she interacts with the business, making the communication process a more seamless one.

Our portfolio company, Bell Plus Media eyes 20k digital advertising screens by Dec 2023

Our portfolio company, Bell Plus Media, which carved a niche for itself in digital advertising services and now aims for 20,000 screens across 20 cities by end of 2023.

Shalabh Dang appointed as Chief Revenue Officer at StanPlus

Medical emergency platform StanPlus has appointed Ex-Fortis top executive Shalabh Dang as Chief Revenue Officer. StanPlus has also raised $22.6 million so far and is moving ahead on our journey of becoming a consumer healthcare brand.

BluSmart and Bounce are working together to get eBike Taxis in Karnataka

The Karnataka State Transport Authority will reportedly soon grant licences to electric mobility firms BluSmart and Bounce to offer electric bike taxis in Bengaluru.

Synersoft Technologies has developed the technology that can save 80% of the yearly cloud subscription costs for MSMEs

Synersoft Technologies has developed the technology that is MSME-focused innovation.

BluSmart to Compete with Ola and Uber

Our portfolio company BluSmart Mobility Pvt. plans to raise $250 million to expand its presence to six cities by 2024.

ZineOne partners with HCL Software

ZineOne Partners with HCL Software to Drive Conversions for Anonymous Visitors.

MY3DMeta a tech company, secured an investment of over Rs. 10.5cr from The Chennai Angels, Dholakia Ventures, Hyderabad Angels, and others.

MY3DMeta a 3D Modelling tech company, plans to utilize the fund for building tech, IP, and business development.

Key Stocks to Watch: TCS, IDBI Bank, HDFC, Star Health, Suzlon Energy & More

HDFC (NS: HDFC): The largest mortgage lender will raise nearly Rs 12,000 crore by issuing bonds on a private placement basis next week.

Man and machine in tandem

Our Board member Lax Gopisetty has shed light on machines and people working together and different dimensions of super jobs.

Forex Outlook & Expectations As Rupee Inches Towards 83/$1 & Hammering Continues

The Indian rupee extended its recent rout, tumbling to a new low of 82.7 against the US dollar on Monday after opening at a record low of 82.67 in the session.

Espresso Capital provides $15m credit facility to Innovapptive

Innovapptive, a Houston-based connected worker platform, has secured a $15 million credit facility from Espresso Capital. The facility’s proceeds will be used to support the company’s growth plans.

Synersoft Technologies concerned on semiconductors supply

Our portfolio company Synersoft Technology has raised concerns on supply and cost of Semi-conductors.

The route to India becoming the fifth largest economy in terms of GDP over the last eight years.

PM Modi’s vision of Startup India resulted in India becoming the third largest startup ecosystem in the world.

Petronet to invest Rs 40,000 crore in 5 yrs.

Ltd, India’s biggest gas importer, will invest Rs 40,000 crore in the next five years to expand import infrastructure and foray into a new business to boost profitability to Rs 10,000 crore.

T-Hub partners with Hyderabad Angels to facilitate startups with venture investments

T-Hub has signed a MoU with Hyderabad Angels to provide technology-driven startup companies access to capital, mentorship, and guidance.

StanPlus partners with Narayana Hrudayalaya for ambulance services

Our portfolio company StanPlus is thriving in achieving its goal of providing emergency medical ambulance service in less than 15 mins. It has recently successfully partnered with Narayana Hrudayalaya.

Hesa Launches Marketplace App For Women Entrepreneurs

Our portfolio company, Hesa announced the launch of a tech application for UBUNTU – aim to create a marketplace for micro to medium-sized women entrepreneurs.

Dedication of two Key Executives at Innovapptive helps them get Promoted.

Innovapptive Promotes Key Executives to Vital New roles of Chief Financial and Chief Revenue officers.

BluSmart raises investment

Our portfolio company BluSmart, which runs an exclusively electric vehicle is close to raising $250 million from investors.

ZineOne becomes one of the Top 100 Most Promising Technology Companies

ZineOne, which is Hyderabad Angels’ (HA) one of the portfolio companies recently got recognized as one of the Top 100 Most Promising Technology Companies by Silicon India (SI) magazine.

Hyderabad Angels, Mumbai Angels, other HNIs Fund Interactive Video Platform Toch

Hyderabad Angels, Mumbai Angels and other High Net-worth Individuals (HNIs) invested an undisclosed sum in Vogueme Technologies-led interactive video platform Toch in a Pre-series A Funding round.

HA, IAN, Anthill Ventures Jointly Fund Hyperlocal News Platform PublicVibe

Leading investment firms – Hyderabad Angels (HA), Indian Angel Network (IAN) and Anthill Ventures jointly invested an undisclosed amount in vernacular hyperlocal news platform PubliVibe. IAN investors Bikky Khosla

Popular Posts