Author: VG Admin

Cleevo

Cleevo

A home cleaning brand making high-performance, non-toxic products that cut plastic waste and shipping emissions. SectorConsumer Brand LocationBengaluru StageEarly Websitewww.getcleevo.com About Cleevo makes high-performance, non-toxic home cleaning products. Traditional cleaners are up to 90% water, which adds to plastic use and logistics costs. Its ready-to-mix …

Newsletter

Newsletter

Maxvolt filed DRHP

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 to the dedication and hard work of our entire team, and we couldn’t be more proud of what we’ve achieved together. A big thank you to our investors, partners, and everyone who has supported us along the way.

As quoted by Bhuvneshwar Pal Singh- Founder & CFO of Maxvolt Energy.


The Health Factory Exit

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 …

Atreya

Atreya

A HealthTech company using Ayurvedic pulse diagnosis to build non-invasive solutions for detecting and preventing diabetes. SectorHealthTech LocationPune StageEarly Websitewww.atreyainnovations.com About Atreya draws on Ayurvedic knowledge to build non-invasive solutions for detecting and preventing diabetes. It reports being the first to win patents for non-invasive …

BuyNxt

BuyNxt

BuyNxt logo

Makers of Green Receipt, an AI-powered plug-in that helps small and medium businesses engage shoppers, issue invoices and market their products.

SectorEnterprise Tech
LocationNew Delhi
StageEarly

About

BuyNxt makes the Green Receipt plug-in for small and medium businesses. It uses AI to help MSMEs engage shoppers, issue invoices and market their products across platforms.

It also automates WhatsApp catalogue creation and onboarding to ONDC.

Why We Invested

We invested in BuyNxt for several reasons together. Green Receipt gives small and medium businesses a simple way to go digital, combining invoicing, shopper engagement and marketing, and automating WhatsApp catalogues and ONDC onboarding. The founders bring decades of retail and sales experience at Nokia, Samsung, Intel and Microsoft, and previously built ShopR360, a retail analytics startup that scaled across India, the Middle East and China.

The company also addresses a large market. India’s retail industry is worth over $1.6 trillion, yet 95% of MSMEs have no online presence, while e-commerce is growing at a CAGR above 35%. More than 16 million MSMEs are a target for digitising their operations.

Team

Founder & CEO

About 25 years of global retail experience, including senior roles at Nokia and Samsung. Previously founded ShopR360, a retail analytics startup that scaled across India, the Middle East and China.

Co-Founder & CRO

Sales leader who has led APAC sales for Nokia, Intel and Microsoft. Co-founded ShopR360 and helped expand it into international markets.

Maxvolt Fund Raise

Maxvolt Fund Raise

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 …

Centriti Raises Pre-Series A

Centriti Raises Pre-Series A

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 …

Jammbo

Jammbo

Jammbo logo

An omnichannel toy brand focused on making premium toys accessible to the masses.

SectorConsumer Brand
LocationDelhi
StageGrowth

About

Jammbo is an omnichannel toy brand focused on making premium toys accessible to the masses.

In-house manufacturing and a broad distribution network let it sell good-quality toys at prices suited to middle-class and aspiring families.

Why We Invested

We invested in Jammbo for several reasons together. It brings premium toys to a much wider set of families at accessible prices, supported by in-house manufacturing and a broad omnichannel distribution network. The founding team has built companies at scale, including Buddy4Study and Piquic, and includes a toy manufacturing veteran with more than 30 years in the industry who worked with the Government of India on BIS standards for toys.

The company also operates in a growing market. India’s toy market is expected to grow strongly, supported by its young population, rising incomes and expansion into Tier 2, 3 and 4 cities. It is projected to reach $4.4 billion by 2032, growing at a CAGR of 10.6%.

Team

Co-Founder & CEO

Has founded companies in education and ad-tech. Helped scale Buddy4Study to over 4.5 million students and more than $15 million in scholarships disbursed, and co-founded Piquic, which grew to $20 million bootstrapped and serves 300+ global clients including Amazon and Flipkart.

Co-Founder & CPO

More than 30 years in toy manufacturing, including seven years as VP of the Toy Association of India. Led the implementation of BIS standards for toys with the Government of India, has advocated lower GST on some toy categories, and has manufactured for brands such as Hamleys and MeeMee.

Co-Founder & CFO

Chartered accountant and law graduate, and a Fellow of the Institute of Chartered Accountants of India. Partner at Sanjeev Bhargava and Associates, with tax expertise up to the ITAT level.

Co-Founder & CMO

IIM Calcutta alumnus and serial entrepreneur. Co-founded Buddy4Study, scaling it to over 4.5 million users, and Tweakskills, and serves on several boards.

Burgerama

Burgerama

A cloud kitchen-based premium burger chain. SectorF&B | QSR LocationGurugram StageGrowth Websitewww.burgerama.in About Burgerama is a cloud kitchen-based premium burger chain. It runs a short but highly customisable menu that lets customers tailor their orders, which raises the average order value. Its lean, scalable supply …