VG-Angels Pitch Day is a curated series of closed-room online pitching events organized by Venture Garage. During each session, two carefully selected startups present their pitches to early-stage investors. Our pitch days are tailored for angel investors seeking to invest in meticulously curated opportunities, eliminating …
Interact with world’s most extraordinary personalities. UNLU enables fans and brands to engage ONE-TO-ONE with celebrities through Video Shoutouts, Masterclass, Live Sessions, Quiz (MOOQ), Social Endorsements, etc.
Our Simple value proposition to celebrities is to improve their earning by up to 6x in their free time.
Fans & Brands remain “star-struck” – Every year, over 10 million Indians wait outside celebrity homes just to get their glimpse whereas brands offer a serviceable obtainable market of $10B. Interestingly on social platforms, every post by an A/A+ celebrity gets around 600 comments from users asking them to send them a DM, or reply to their comment, to share their contact or chat with them.
Unlu is an outcome-based learning platform that targets to upskill 100M creators in India
Live Mint
The company envisions helping creators make a sustainable income from their creative passion to become the biggest platform in monetizable content creation
Shweta Shrivastava CEO, StartWright Business Solutions (Management Consultancy for Startups & Innovation in Asia) https://www.linkedin.com/in/meetshwetashrivastava/ Work Experience: Shweta is a senior business leader turned start-up mentor, with extensive experience in FMCG & Health care domain. Having served as Marketing Head across large MNCs like Kraft, …
Vineet Jain CFO | Fund Raise | Compliance | Transformation https://www.linkedin.com/in/vineetjain77/ Work Experience: Vineet has 18+ years of experience, has worked as CFO and Strategy Head for various companies across Industries, and has lived in many countries e.g. Atlanta, London, Oman, Hong Kong. All this …
Ed-Tech start-up EduGorilla raises funding from Auxano Entrepreneur Fund and group of Angels led by Venture Garage– intending to step up sales and marketing efforts
–EduGorilla to hire marketing and sales professionals across 15 cities -It targets to cater to 6-7 lakhs users daily from the existing 70,000 besides developing content for over 3,000 competitive examinations
Lucknow, 29th September 2020- Lucknow-based ed-tech start-up EduGorilla has raised funding to the tune of approximately INR 5.3 crores (USD 726,000) from SEBI – Cat 1 Angel Fund – Auxano Entrepreneur Fund and group of Angels led by Venture Garage – SucSEED Venture Partners, Pune Angels, Hem Angels and VGangels.EduGorilla plans to utilize the funding for intensification of its marketing and sales functions for an array of its offerings. It has currently teams in five cities – New Delhi, Jaipur, Indore, Ahmedabad and Lucknow. EduGorilla aims to cater to 6-7 lakhs users daily from the existing 70,000 besides developing content for over 3,000 competitive examinations in nine vernacular languages with the help of fresh capital.
” The funding strengthens our resolve to be a formidable pillar of support to students through our top-notch content and leveraging of cutting-edge technology. It will be deployed to step up our marketing and sales efforts to cater to the recent surge in users. Over 7.5 crores applicants appear for state-level competitive examinations in India every year that is an untapped opportunity for us. Approximately 93% of our target audience hails from rural India and barely knows English.”
Said, Mr. Rohit Manglik, Founder& CEO, EduGorilla commenting on the development
EduGorilla launched the first test series in November 2018 and built a set of technology tools to reduce the turnaround time for conducting a demand analysis as well as for the creation and distribution of content. EduGorilla currently caters to 1200+ competitive entrance exams in five languages with a focus on state-level government examinations such as Karnataka State Police, Punjab Public Service Commission, and Telangana State Cooperative Apex Bank examinations.
“We use a mix of emerging technologies such as Artificial Intelligence, Machine Learning and Natural Language Processing for predictive analysis of on-demand examinations as well for content development. The automated workflow process has reduced our time drastically to 48 hours to generate content. Moreover, the development of top-notch vernacular content along with innovative distribution strategies has reaffirmed speed, credibility and accessibility as among our value propositions. We are now planning to expand marketing and sales teams across 15 cities in India as a part of our expansion strategy to make further inroads into this space”
said Mr. Shashwat Vikram, Co-Founder & Chief Technical Officer, EduGorilla.
EduGorilla has built an Artificial Intelligence-powered demand and prediction algorithm to assess the operational profitability of various competitive examinations. This analyses two key variables – a dynamic variable identifying the type of opening, number of vacancies and under which state government and department, a particular examination falls. The second variable maps the trends in this regard like searches on Google, e-commerce portals and its portal for the content/publications. This assessment helps EduGorilla to identify primary focus examinations. Subsequently, EduGorilla generates the test preparation content and mock tests for a particular exam in just 48 hours (which conventionally takes around 25-30 days) through automated workflow. Its Artificial Intelligence-powered software automatically converts the test content to a book format that can be purchased via e-commerce platforms such as Amazon and Flipkart. EduGorilla operates on a subscription-based model in B2C with monthly or yearly offerings in the price bracket of INR 99- INR 699
“With digital being the approach and EduGorilla with its product knowledge and positioning, is poised to tap the opportunity in the competitive examination space. With its expertise in the vernacular language (5 and growing) examinations, will only add to its market leadership position”
said Leadership Team, Auxano Entrepreneur Fund
Vivek Kumar, CEO of Venture Garage, who has worked with Rohit for over a year now, feels Edugorilla addresses a large need gap in small-town India and is well placed to become a dominant player.
EduGorilla had earlier raised funding from Turbostart, a national programme by Bengaluru-based InnovationQore that identifies and nurtures 25 innovative start-ups every six months. It has witnessed a 100% surge in sales owing to the spike in digital learning during the COVID-19 lockdown.
VGangels, an angel network backed by Venture Garage is about 500+ Angels strong and invests in early-stage and bridge rounds in startups headed for Series A. The VGangels network has already participated in 5 startups in the last 4 months
Sequoia India invests $2.5Mil in Venture Garage portfolio startup, Wobot Wobot, an AI powered video analytics solution has raised $2.5 mil in Pre-Series A funding round from Sequoia India. Wobot connects to CCTV and other cameras to help in monitoring process compliance while detecting and …
Venture Garage advises Designx on $200K Seed Round Funding from Modulor Capital
New Delhi – March 17, 2020 – Venture Garage, an advisory firm for early stage startups, served as financial advisors to DesignX for its fund raise of $200K from Modulor Capital.
“DesignX has a strong clientele of global manufacturing companies. With Modulor coming on board the product offering and the traction will get a boost.”,
said Vineet Sagar, Co- founder and Managing Partner at Venture Garage.
DesignX is an Industrial IoT company that specialises in migrating and bridging manufacturing companies to Industry 4.0. It achieves this through its TechFiles and Hectos products. Techfiles is a SaaS product that is deployed by manufacturing firms to digitise manual paperwork, and further machine digitisation is achieved through its IoT device Hectos. Machine data integrates with TechFiles platform via its proprietary middleware.
According to Wikipedia, “Industry 4.0″ factories have machines which are augmented with wireless connectivity and sensors, connected to a system that can visualise the entire production line and make decisions on its own. In essence, industry 4.0 is the trend towards automation and data exchange in manufacturing technologies and processes which include cyber-physical systems (CPS), the internet of things (IoT), industrial internet of things (IIOT), Cloud computing and Artificial Intelligence.
“Modulor’s investment is a validation of our capabilities and strategy that somewhere in between brown-grass & green-grass machines lies the perfect shade of Industry 4.0,”
said Rajat Srivastav CEO of DesignX.
The company plans to use the funds to focus on building a comprehensive Industrial Internet of Things (IIoT) software portfolio with a focus on Asset Performance Management leveraging Edge devices,
aid Nishant Srivastav, COO of DesignX.
“As an early leader in IIoT, DesignX has built strong capabilities in IT-OT integration with its manufacturing customers thanks to deep domain knowledge and software expertise,”
said Bhavish Sood General Partner at Modulor Capital and incoming board member.
“What attracted us to investing was the quality of client references and their ability to solve outcomes for the most asset-intensive industries,”
said Neeran Chhiber, General Partner at Modulor Capital and incoming board observer.
About Venture Garage:
Venture Garage handholds startups to help them raise capital from its network of 700+ Angel Investors, Venture Capitalists, Strategic Investors and Family Funds. Venture Garage specializes in early-stage investments across Seed to Series B stages starting from $100K to $5mil. Established in 2015, Venture Garage manages a network of 30,000+ entrepreneurs and is present in Mumbai, Bengaluru, NCR, Hyderabad, Jaipur, Pune & Chandigarh.
DesignX is reimagining how industries install, operate and maintain their assets, unlocking machine data to turn valuable insights into powerful business outcomes. DesignX’s portfolio includes the leading Asset Performance Management Solution that covers assets’s manual checks, machine data, maintenance schedule & complete life cycle management helps its customers to utilise assets to the best of its performances. Powered by leading cloud platforms & TechFiles: The Complete Factory Operating System for the Industrial Data Management, DesignX enables industrial businesses to operate faster, smarter and more efficiently, wherever their operations require. DesignX has offices in New Delhi and Ahmedabad.
About Modulor Capital:
Modulor Capital is a technology and health-tech focussed micro VC fund. We invest in startups that have achieved product-market fit and are in the early stages of building out their businesses. As active co-investors, our strength lies in leveraging our proprietary Quagrow TM playbook to help build commercial scale for early-stage startups. Modulor has offices in Seattle, New Delhi and Chandigarh.
Media Contacts: Vineet Sagar, Venture Garage Vineet@65.2.183.56 | +919871515099
Venture Garage conducts 5th and final Leg of “Find Your Investor” Program in Chandigarh, supported by Kotak Mahindra Bank #dreamsinvited #weloveentrepreneurs Chandigarh, 20th February, 2020: The final edition of Find Your Investor (FYI) programme 2019-20, supported by Kotak Mahindra Bank (Kotak) was conducted by Venture Garage …