Events & News
Farm-tech firm CropIn gets funding from Denmark’s Sophia Investment
CropIn Technology Solutions Pvt. Ltd, a Bengaluru-based company that makes farm management software and apps, has raised $2 million (Rs 13.4 crore) from Denmark’s Sophia Investment ApS, a person people privy to the development.
The transaction valued the company at $12 million, the person said, asking not to be named.
Ankur Capital Founders’ Meet
Ankur Capital held its second annual Founders’ Meet in Mumbai on 8th & 9th August 2016. It was an opportunity for the founders of our portfolio companies to learn, discuss and engage with one another and other external entrepreneurs on the experiences and challenges of scaling up their organisations.
Ankur Capital invests Rs 60 lakh in Chennai-based Suma Agro
Early stage venture capital fund Ankur Capital which is bullish on agri-tech announced Rs 60-lakh investment in a Suma Agro, a Chennai-based sustainable agro-input company.
As per Rema Subramanian, Partner at the fund, the Rs 40-crore fund has three more investments in the pipeline — one in a cold storage company and the other two in agriculture inputs and healthcare.
Simulating processes to help industries skill-up
His office is in a quiet middle-class Chennai neighbourhood that was ravaged by the rains here in December. There was water till this, he points to the door frame and says it took them a month to clean up the place. But all that is behind him now as Sabarinath Nair is working on launching his second product — a simulator for painters in industrial applications.
The first product from Sabarinath’s venture – Skillveri Training Solutions Pvt Ltd – is a welding simulator, which companies buy to train their welders on before they actually start working. Skillveri’s clients include Titan Company, Wheels India, Murugappa group, Daimler, Ashok Leyland and Sona Koyo Steering Systems. Industrial Training Institutes too buy these simulators, which cost between ₹8 lakh and ₹14 lakh, to train their students.
Webinar 2: How to build a brand that stands out!
Build your brand and make it stand out. Learn the nuances of brand building from the the man who built Paper Boat- one of India's leading beverages brand!
Webinar: What does a VC look for? Get your startup investment ready!
Get smart and jump start! - The practical must haves to get your startup funded.
In this webinar, learn the most important aspects of raising capital and getting investment ready, directly from the horse's mouth- our guest, the founding partner of Ankur Capital.
Rural women are early adopters of technology
It was the vacuum in the under-served rural and semi-urban pockets that caught the attention of cost accountant, Rema Subramanian, 54 and Ritu Verma, 44, a scientist from Pennsylvania to team up and become India's first SEBI- registered angel fund founded by women.
It's 18 months since the inception of Ankur Capital and with 45 years of combined experience, the company, with a corpus of Rs 400 million, has funded five start-ups ranging between Rs 5 million and Rs 40 million.