Tag Archive for unicorn

Unicorn India Ventures announces investment in Software Defined Radio (SDR) startup Inntot Technologies

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Unicorn India Ventures, an early stage VC fund, has announced another investment in Kerala — an emerging hub for startups. The Fund has invested in Inntot, a software defined radio startup based in Kerala. It is a seed-funding round, which marks Unicorn India as the first institutional investor in Inntot.

 

This is Unicorn India’s sixth announcement in the State The Fund invested in five startups — Genrobotics, Perfectfit and SectorQube, Bank Open and Clootrack early this year.

 

Anil Joshi, Managing Partner, Unicorn India Ventures, says, “Over the last one year, as a Fund, we have been on a look out for next gen tech startups and investment made by us clearly reflect our intent to find such growing startups and invest in them. Kerala, in that respect, has surprised as we have seen our investments going to startups which are working on cutting edge technology like IoT, 3D, Robotics and now digital radio receivers.” Investment in Inntot is inspired by the success that we have seen in new age tech startups who are not chasing the tempting matrix but building a product from ground up and opening up a completely new market for themselves rather fighting for a small piece of a big pie, he adds. Read more

Unicorn India Ventures comes calling to Kerala startups

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Unicorn India Ventures announce three investments in Kerala — based startups – GenRobotic, SectorQube & Perfectfit Fashion. The Fund has been actively exploring investment in Kerala post partnering with Kerala Start-up Mission (KSUM), which is also an investor in Unicorn India.

With the State Government’s backing, KSUM is aggressively promoting entrepreneurship in the state aligned to the vision of Startup India and Unicorn India is at the forefront to provide strategic guidance and financial support to Kerala’s fast growing startup story.

 

Unicorn India Ventures is a Mumbai ­based VC fund that invests in early stage startups working on business ideas spanning sectors like consumer, enterprise, healthcare, ESDM and deep technology domains. These investments are made from Unicorn’s first fund launched in 2015 with investments across 10 startups made over the last 2 years.

Anil Joshi, Managing Partner, Unicorn India Ventures, says, “Kerala is the hotbed for growing startups in the country today. The State Government backed accelerator, KSUM, is working aggressively with the industry experts to nurture the startup ecosystem in the State and we are excited to partner with KSUM in fostering the spirit of entrepreneurship by way of investing and mentoring the Kerala-based startups, which is core to Unicorn India.” Read more