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Indian Angels episodes on Diwali weekend drive record 3.75 crore Startup investments

On the vibrant Diwali weekend, Indian startups showcased their innovation prowess on the 3rd and 4th episodes of Indian Angels, the world’s first angel investment show on OTT where viewers can also invest in the participating startups.

The episodes unveiled remarkable pitches from a spectrum of pioneering startups. In Episode 3, HESEOS, REGRIP, and SHAKTI presented innovative concepts, marking a first for the show as all three participants secured substantial funding based on their compelling pitches.

HESEOS secured 25 Lakhs for 5% equity and 25 Lakhs Debt for 9.5% RoI from Ankit Agrawal and Kunal Kishore. REGRIP secured 50 lakhs for 1% equity from Aparna Thyagarajan and Rikant Pittie, while SHAKTI secured 75 lakhs for 9% equity from Aparna Thyagarajan, Ajinkya Firodia, and Rikant Pittie.

Episode 4 featured Tastes 2 Plate, Vastu Ghee, and Power EV. Notably, Vastu Ghee claimed the season’s largest funding, securing Rs 2 crore at 2.67% equity from a consortium of five influential angels – Rikant Pittie, Kunal Kishore, Ankit Agrawal, Shreedha Singh, and Ajinkya Firodia, pooling their investments collectively.

The distinguished panel of angel investors featured Ajinkya Firodia, Managing Director Kinetic Group; Ankit Agrawal, Founder & CEO InsuranceDekho; Aparna Thyagarajan, Co-founder & Chief Product Officer Shobitam; Kunal Kishore, Founder of Value 360; Rikant Pittie, Co-founder EaseMyTrip; and Shreedha Singh, CEO & Co-founder of T.A.C – The Ayurveda Co. This cumulative investment of 3.75 crore signifies the growing support and enthusiasm for India’s burgeoning startup ecosystem and highlights the confidence investors have in the potential of these pioneering ventures.

Factsheet (Ep 3rd and 4th)

Company NameDealAngels
Heseos 25 Lakhs at 5% equity and 25Lakhs at 9.5% ROIAnkit and Kunal
ReGrip50 lakhs at 1% equity and Valuation of 5M USD, 40.93 CRAparna and Rikant
Shakti Wearables75 lakhs for 9% equityAparna, Ajinkya and Rikant
Vastu Ghee100 crores and diluted  2.67% for 2 croresKunal, Ankit, Shreedha, Rikant and Ajinkya

About the participating brands

HESEOS serves as the gateway to smart living, led by seasoned IoT experts. They revolutionize spaces with innovative products, simplifying daily life and enhancing usability, productivity, and luxury. Their aim is to set the benchmark in the global IoT industry.

REGRIP takes the lead in tire sustainability, reshaping their future for a cleaner world. Embracing a circular economy, they maximize tire lifespan and convert non-reusable tires into valuable raw materials. Their mission is clear: minimize pollution and breathe new life into discarded tires for a more sustainable future.

SHAKTI Wearables is India’s pioneering women’s safety wearable, offering a ‘mild shock’ escape feature activated by a button press. It swiftly shares live locations with top contacts via SMS/WhatsApp after activation. Its novelty and strategic execution give it an edge over traditional defense options.

Vastu Ghee, a Ghee, Milk, and Buttermilk manufacturer, began 12 years ago with a team of 12 and 3 distributors. Now, with over 400 staff and 2,000+ distributors, their products span across Bharat. Vastu Ghee is crafted in a pristine environment, ensuring purity without adulterants. They prioritize safe farming practices, offering authentic dairy from cattle raised on natural and organic feed, maintaining quality in a cutting-edge research facility.

Tastes 2 Plate offers fast, reliable intercity food delivery from India’s food capitals within 12-24 hours. Their innovative packaging and cold chain supply keep food fresh for over 72 hours, ensuring deliciousness at your doorstep.

Power EV, a Kakinada-based electric vehicle company, focuses on affordable and eco-friendly transport solutions. Their youth-driven approach creates street-smart electric motorcycles while offering battery-swapping options for added convenience.

About Digikore Studios

Digikore Studios is a leading content production and post production studio. Digikore’s dedicated team makes the impossible possible, fulfilling the demands of studios and independent creators alike. The studio’s activities span across creative development, production, marketing, distribution, licensing, merchandising and syndication of films and episodic in India and worldwide. They count every major studio among their creative partnerships, including Disney / Marvel, Netflix, Amazon, Apple, Warner Bros., Paramount, and Lionsgate. They work on the spectacular scenes and tiny details that make movies and shows truly mind-blowing!!!

About Indian Angels

Indian Angels is a captivating series, where entrepreneurs pitch their business ideas to esteemed investors. With a high-energy format, each pitch begins with a 60-second elevator pitch, followed by an engaging Q&A session exploring various aspects of the business. The show intersperses industry-relevant facts, offers a classy and modern set design, and provides viewers with insights into entrepreneurship and fundraising. It serves as a platform for aspiring entrepreneurs to gain exposure, receive valuable feedback, and potentially secure funding, all while inspiring viewers to explore their own entrepreneurial ambitions.

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