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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, 22 October 2024: VG-Angels, an angel network of Venture Garage, has achieved a significant milestone with a …
The Green Receipt plug-in from BuyNxt is a game-changer for small and medium businesses, automating catalogue creation, ONDC onboarding, and WhatsApp-based commerce..
Green Receipt simplifies the digital commerce journey for MSMEs through AI-powered automation, enabling them to engage shoppers, issue invoices, and market their products across multiple platforms.
Enterprise Tech
www.buynxt.in
New Delhi
Early
India’s retail industry, valued at over $1.6 trillion, remains largely untapped digitally, with 95% of MSMEs lacking online presence. As eCommerce in India grows at a compound annual growth rate (CAGR) of over 35%, Green Receipt addresses the critical gap in digitizing the operations of 16M+ MSMEs. The company’s solution capitalizes on the rapid adoption of WhatsApp, with over 200 million MSMEs using the platform, and targets a growing market segment by leveraging ONDC’s open network capabilities. With Green Receipt, businesses can quickly join the digital commerce revolution and drive sales, while the broader market dynamics favor rapid growth.
Opportunity
With 25 years of global retail experience, Pranav has worked in senior roles at Nokia and Samsung. He previously founded ShopR360, a retail analytics startup that scaled across India, the Middle East, and China, gaining deep expertise in retail transformation.
A seasoned sales professional, Prabhat has led sales across APAC for global giants like Nokia, Intel, and Microsoft. As a co-founder of ShopR360, he expanded the company’s footprint across international markets, bringing valuable leadership in scaling operations.
Venture Garage Mentored Innovator, Maxvolt Energy incubated in 2019, Secures $1.5mn Funding in Latest Private Placement Round, with an eye on an SME-IPO within FY 24-25
31st May 2024: Noida-based EV battery manufacturing startup Maxvolt Energy has successfully secured $1.5 million in a Private Placement round of funding from VG-Angels and prominent Pre-IPO investors through Venture Garage.
Founded by Satendra Shukla, Vishal Gupta and Bhuvneshwar Pal Singh Maxvolt provides batteries for e-cycles, e-scooters, and e-rickshaws, alongside lithium battery energy solutions. The company offers a 100% buyback and a 3-year replacement warranty on its batteries at no extra cost.
“I’m excited to share that our team is crafting a fast-charging solution set to revolutionize our customers’ charging experiences. Currently in the prototype development phase, we’re aiming to unveil the final product in stages by the end of 2024 after rigorous R&D. In the initial phase, we’re focused on reducing charging times to 2 hours, with plans to further slash it to just 1 hour in subsequent phases”.
–Satendra Shukla, Co-Founder and CBO, Maxvolt
“It’s an electrifying time for us as investor interest surges, coinciding with the scorching pace of EV adoption across India. In FY2024, we witnessed a remarkable 41% surge in sales across various vehicle types within the Indian EV sector. Looking ahead to FY2025, an even more impressive 66% growth trajectory is anticipated. The momentum is thrilling, and we’re thrilled to be at the forefront of this transformative wave in mobility”.
–Vivek Kumar, Co-founder & CEO, Venture Garage
With the newly secured capital, Maxvolt is strategically directing its focus towards the development and imminent introduction of fast-charging lithium-ion batteries. This significant allocation of resources underscores the company’s commitment to pioneering innovation in the electric mobility sector. Positioned at the forefront of technological advancement, Maxvolt is poised to redefine industry benchmarks and enhance the overall customer experience in the realm of electric vehicles.
To know more about Maxvolt, visit: https://venturegarage.in//maxvolt-energy/
VG Angels participates in INR 6cr Pre-Series A Investment Round of Centriti New Delhi, May 23, 2024 – Venture Garage’s portfolio startup Centriti, has successfully secured INR 6Cr in its Pre-Series A round of funding from EV2 Ventures, Brigade Family Office, VG-Angels, and some other …
Sector Agritech | Drones | Aerospace | Defense Website www.fwdefence.com Location Bengaluru Stage Early
We provide all ranges of professional cricketing equipment under our brand name SWAR, manufactured in house.
Our equipment appreciated by professionals such as David Miller, Surya Kumar Yadav, Faf Du Plesis and more, during their visits to our stores. We have a vision to support every Cricket player in their journey by providing custom solutions, quality goods and access to facilities around the globe.
Consumer Brand | Sports
www.cricstudioinc.com
Ahmedabad
Growth
Cricket is the second most followed sports across the world with over 1 Bn fans, with it being a part of the Olympics this is only going to grow. Cricket Equipment market is supposed to grow at a CAGR of 7%, between 2023-2032 to grow to a market of more than INR 10,600 Cr. APAC holds 60% of the market share, at 60% followed by Europe and MEA holding 25%.
Opportunity
An MBA graduate with 17 years of experience across event planning, management and marketing, and a seasoned entrepreneur. He has also played professional cricket..
A Chartered Accountant, with 16+ years of experience with multinational corporations and private consultancy.
An MBA from IRMA and Economics Hons Graduate from Delhi University. He has 10+ years of experience in marketing and sales, handling B2B and B2C across travel, Consumer goods, waterproofing etc.
