Press Releases

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

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, 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.com, a major Indian travel tech platform, partners with BluSmart, India’s premier all-electric ride-hailing and EV charging hub service.

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.

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

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 organised by the Aegis School of Data Science, supported by Niti Ayog and Ministry of Electronics and Information Technology, Government of India

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.

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

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.

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

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.

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

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.

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

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

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.

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 is MSME-focused innovation.

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 to Drive Conversions for Anonymous Visitors.

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

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

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

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.

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.

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

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

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

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.

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.

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

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

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 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.

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