IAN to Fund Startups Seeking $150K

In a step towards broadening its investment strategy, Indian Angel Network (IAN) will now look at slightly smaller deal ticket sizes to cater to startups in the mobile and Internet segments. It will invest a little over $150,000 in two dozen such startups, said a press release. The angel network has so far restricted itself to ticket sizes of between…

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IAN Invests $1 Million in Vayavya Labs

Indian Angel Network has invested $1 million in Bangalore-based embedded software tool developer Vayavya Labs. The company will use the funds to expand its suite of tools for electronic systems level design and strengthen sales and marketing, said a press release. Former Yahoo India R&D head Sharad Sharma and Vivek Raghavan, who currently heads Magma Design Automation, will represent IAN…

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Mumbai Startup Heckyl Wins IAN Bootcamp Contest

The country’s first multi-city bootcamp, organized by Indian Angel Network (IAN) and Springboard Ventures, concluded on Sunday after an 8-week run across different cities. Over 13,000 people participated in the camps, which offered entrepreneurs an opportunity to engage with angel investors from the IAN network. The initiative also included a contest to pick startups most ready for angel funding. Here…

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IAN invests in Toronto startup Jigsee

Indian Angel Network has announced an investment (amount undisclosed) in Toronto-based Jigsee, a provider of adaptive video streaming technology for wireless devices in developing countries. The company, founded by Ray Newal and Areef Reza, has successfully tested its technology in India and Bangladesh. The technology delivers continuous video streams in low-bandwidth environments (with data rates as low as 50 kbps)….

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IAN HR workshop for startups

The Indian Angel Network will host a workshop at the end of this month on human resource challenges for startups in Delhi. Details: Theme: HR Challenges for Startups Speaker: Sameer Sikka, Xntuate Solutions Registration Fee: Rs 250 per delegate Date: Friday, January 28, 2011 Time & Venue: 3.00 pm to 5.00 pm at NITEE, New Delhi Register here

IAN invests in Pune startup InnovizeTech

Pune-based InnovizeTech Software, a software product company, has received an undisclosed quantum of investment from Indian Angel Network (IAN). The company has a patent-pending product called Sapience which delivers solutions to measure and analyse enterprise effort and time productivity. It sits on each person’s computer and un-intrusively measures work activity, while ignoring usage for private purposes. The company supports on-premise…

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