Allter
Sector Consumer Brand Website www.letsallter.com Location Delhi Stage Early
Author: VG Admin
Liger Mobility
About Us
Founded by IIT Kharagpur and IIT Madras alumni, Liger Mobility has turned this vision into reality with its groundbreaking AutoBalancing Technology and Advanced Rider Safety Assist Systems (ARSAS).
This innovation addresses critical gaps in rider safety and accessibility, targeting underserved demographics like women, new riders, and senior citizens, making urban commuting smarter and safer.
Sector
Automotive
Website
www.ligermobility.com
Location
Gurugram
Stage
Early
The global two-wheeler market offers a significant annual opportunity of 30-50 million units, equivalent to $45-75 billion in potential revenue. As the largest two-wheeler market, India demonstrates immense growth potential with over 10 million new two-wheelers added annually.
Opportunity
TEAM
Founder
Graduate from IIT Kharagpur, with over 19 years of experience, he brings a deep understanding of both technical and business functions. He has a proven track record of managing operations and leading innovation in cutting-edge mobility solutions.
CO-Founder
With Degrees from IIT Madras and ISB and backed by 16+ years of experience, Vikas specializes in financial strategy and scaling startups. His expertise ensures robust financial planning and operational efficiency for the company.
Experiments Labs
About Us
Revolutionizing the global education consulting ecosystem by providing personalized, AI-powered solutions, enabling equitable access to top-tier educational opportunities.
Experiment Labs platform is not just a solution; it’s a revolution that redefines what’s possible in education consulting.
Sector
EdTech
Website
www.experimentlabs.in
Location
Delhi
Stage
Early
The market for study-abroad profile-building services in India is $4.6 billion annually, with an expected CAGR of 14.8%. This growth reflects the rising demand for tailored, data-driven educational solutions in a highly competitive global landscape.
Opportunity
TEAM
Founder & CEO
A two-time founder with a successful exit (Binge Digital to Dineout), he brings extensive experience in GTM strategies and scaling businesses..
CPO
With expertise in payments and scalable tech solutions, his leadership has been pivotal at companies like Airtel and Mobikwik.
Maxvolt filed DRHP
We’re thrilled to announce that Maxvolt Energy has reached a significant milestone in its journey toward growth and innovation. With the filing of our DRHP, we’re one step closer to realizing our vision of providing sustainable and cutting-edge energy solutions. This accomplishment is a testament …
The Health Factory Exit
VG-angels celebrates a 10X+ exit in their Portfolio Company “The Health Factory” highlighting Venture Garage’s role in building enterprise journeys from speculative phases to the growth phase
Gurugram, 25 October 2024: VG-Angels, an angel network of Venture Garage, has achieved a significant milestone with a remarkable 10X+ return on their 2022 investment in The Health Factory (THF), an innovative health-focused bread brand. This successful exit comes on the heels of THF raising $3.5 million in Seed funding, led by Peak XV’s Surge, further emphasizing the brand’s rapid growth trajectory and the rising market demand for healthier, innovative food products.
Prior to this Seed round, The Health Factory had raised INR 2.5 crore from marquee investors via VG-Angels in 2022 that included Vikas Nahar- Founder of Happilo. The combination of this early investment and the company’s recent fundraising underscores the strong investor confidence in THF’s vision and market potential.
Founded in 2018 by Vinay Maheshwari, Mohit Sankhala, and renowned bakery expert Jos Vast, The Health Factory has revolutionized the bread industry with its range of innovative offerings, including India’s first Protein Bread and Vegan Protein Bread. The brand has also earned a strong reputation for its zero-maida bread, with all products being chemical- and preservative-free. These products are available in major cities such as Mumbai, Pune, Bangalore, and Delhi through quick commerce platforms like Zepto, Swiggy Instamart, and BlinkIt.
The Health Factory has recently expanded its footprint to Chandigarh, Ahmedabad, Lucknow, Chennai, and Hyderabad, addressing the growing consumer demand for healthier bread options. With plans to strengthen its presence in both Tier I and Tier II cities, the company aims to continue its market expansion. The newly raised funding will support the brand’s product development, research, and innovation while improving retail and logistics channels.
Vineet Sagar, Managing Partner of Venture Garage, expressed his congratulations: “This 10X exit is a testament to The Health Factory’s vision and commitment to delivering healthier alternatives to Indian consumers and extreme founder focus and drive. THS’s journey highlights VG-Angels’ role in building journeys for startups from speculative phases to the growth phase.”
Vinay Maheshwari, Founder of The Health Factory, added: “VG has been more than just bankers to THF. From getting involved in the fund raise, to building the right story and helping with the vision. VG has been involved with us in many aspects since we were doing 10 lacs a month. From fund raise strategy, to introductions, they have been a part of the journey which has grown at high pace and multi fold.”
With a 65x increase in sales over the past 24 months, The Health Factory has shown remarkable growth. The recent funding round, coupled with VG-Angels’ successful exit, marks a new chapter for the company as it continues to provide nutritious bread options to a wider audience. As the demand for healthy products increases, The Health Factory is poised to redefine the future of bread consumption in India.
THF’s Previous Fund Raises:
https://economictimes.indiatimes.com/tech/funding/healthy-bread-brand-the-health-factory-raises-3-5-million-from-peak-xvs-surge/articleshow/113659909.cms?from=mdr
https://venturegarage.in/the-health-factory-raises-fund/
