Info Edge Ventures

Kicked off an exciting initiative today - Breakfast with Founders! ☕️ This program brings together our team and founders from our portfolio companies facing similar challenges and opportunities. Today's session focused on the nuances of cross-border e-commerce. We were joined by: Tanuj Gangwani from Geniemode - B2B cross-border platform for fashion and furniture Aayush Anand, Angad Arora, & Vaibhav Kapur from ShipGlobal.in - cross-border logistics for e-commerce merchants Devansh Sharma from Mirana Toys - electronic and app-enabled toys for domestic and international markets Shobhit Jain from Elchemy - B2B cross-border platform for specialty chemicals The discussion was very insightful. The founders shared their experiences around scaling up, fund-raising, actual uptick of China + 1 buying from customers and showcased the tech each of them has built (it is amazing how the right tech can help scale efficiently in B2B and build moats with buyers and suppliers). Looking forward to the next one, as we plan to make it a regular part of our calendars! Sanjeev Bikhchandani Kitty Agarwal Chinmaya Sharma Rishabh Katiyar Ankit Garg Sanika Bhalekar Mohit Kaushik Saloni V. Aryaman Roongta Nitin Gupta #crossborderecommerce #founders #entrepreneur #community #breakfastwithfounders

Mark your calendars for this exciting session🚀 Please join in on 19th July at 4 PM IST for the introductory session of Info Edge Ventures AI Hackathon 2024. Find out in this session:  1.⁠ ⁠How to secure up to INR 1 crore in seed funding 2.⁠ ⁠Hackathon's open innovation AI themes and solution expectations 3.⁠ ⁠Hackathon's timeline and key milestones 4.⁠ ⁠Insights from industry experts 📌 Register and reserve your seat now for this event: 🔗 https://lnkd.in/gAP7T7vj Registrations for the hackathon and prototype submissions are closing on 27th July.

🚀 Calling All Innovators: Are You Ready to Shape the Future with AI? We are thrilled to announce the Info Edge Ventures AI Hackathon 2024! This is your chance to transform your groundbreaking AI ideas into reality. Whether you're a startup, working professional, or student, we want you to bring your passion and tackle challenges in healthcare, finance, education, SaaS, or any other domain. Submit your innovative AI solutions and stand a chance to win: 💰 Seed funding up to INR 1 Crore 🏆 Cash prizes up to INR 6,00,000 🤝 Access to an exclusive network of industry leaders 📌 Job opportunities with Info Edge Venture’s portfolio companies Don't miss out on this incredible opportunity to make a lasting impact. Let’s redefine the future together! Register now at: 🔗 https://lnkd.in/gAP7T7vj Registrations and prototype submissions close on 27th July.

We at Info Edge Ventures are proud to announce our investment in Ascend Capital! Ascend Capital has raised INR 50 Cr in a round led by us and Asha Ventures. Founded by IIT Madras batchmates Lokesh Chandra and Gaurav Maheshwari, Ascend has been operating in the EV Financing domain for over the last 3 years and has built a robust customer base while remaining focused on one geography. As they expand their operations with this new fundraiser, we are thrilled to be a part of their journey! “Lokesh and Gaurav's understanding of the business and execution over the last 3 years gives us a lot of comfort as we partner with Ascend and we are certain with this fundraise they will further consolidate their lead as one of the top EV financing platforms in the country” said Chinmaya Sharma, Partner Infoedge Ventures. Chinmaya Sharma | Mohit Kaushik #fintech #AscendCapital #investment https://lnkd.in/gmWiugpz.

We at Info Edge Ventures are proud to announce our investment in Ascend Capital! Ascend Capital has raised INR 50 Cr in a round led by us and Asha Ventures. Founded by IIT Madras batchmates Lokesh Chandra and Gaurav Maheshwari, Ascend has been operating in the EV Financing domain for over the last 3 years and has built a robust customer base while remaining focused on one geography. As they expand their operations with this new fundraiser, we are thrilled to be a part of their journey! “Lokesh and Gaurav's understanding of the business and execution over the last 3 years gives us a lot of comfort as we partner with Ascend and we are certain with this fundraise they will further consolidate their lead as one of the top EV financing platforms in the country” said Chinmaya Sharma, Partner Infoedge Ventures. Chinmaya Sharma | Mohit Kaushik #fintech #AscendCapital #investment https://lnkd.in/gmWiugpz.

We at Info Edge Ventures are proud to announce our follow-on investment in Inprime Finserv! InPrime has raised USD 3M in a round led by Matrix Partners India which also saw participation from Titan Capital, Kettleborough VC, and us. We invested in Rajat, Manish, and Sneh back when inPrime was just an idea on paper and couldn't be happier with the way they have been able to execute so much so swiftly.  In the last 10 months, InPrime has successfully applied for and received an NBFC license from RBI, organized a smart & efficient team across tech, underwriting, collections and customer support verticals, and above all started solving the problem of lack of formal credit for the informal sector one loan at a time. “The fast yet structured execution over the last one year is a testament to the experience the founding team possess and further strengthens our belief in the team’s ability to achieve great success in the future while being steady-handed and compliant” - Chinmaya Sharma, Partner Infoedge Ventures. Chinmaya Sharma | Mohit Kaushik #fintech #inPrime #investment

The casual mobile gaming industry is experiencing rapid growth, with an increasing number of players worldwide. Hyper/hybrid casual games account for more than 35% of the top 100 globally downloaded games across categories and median CPI on iOS as well as Android is at an all-time high. Tamesh Sharma and Prashanth Vijay at FunStop Games through their superlative design and game mechanics are trying to build the next big casual gaming studio from India. "We are convinced that Design + Data = Good Games! At Funstop too it was the combination of Tamesh's sense of design & gameplay and Prashanth's understanding of data that made us strong believers in them. We wish the Funstop founders the best and look forward to be a part of their journey on this rocketship" said Chinmaya Sharma partner at InfoEdge Ventures. Here's to new beginnings, Funstop Games ! 🚀 Mohit Kaushik Aryaman Roongta #IEV #InfoedgeVentures #Gaming #Funstop #FunstopGames Read more at - https://lnkd.in/g-Vqi5xB