India Dealbook: Indian Angel Network invests in RepUp; SparesHub gets funds from Hyderabad Angels

By Pramugdha Mamgain

November 6, 2015

Online reputation management start-up RepUp has raised an undisclosed amount in funding from Indian Angel Network. SparesHub, an online marketplace for car spares, has secured Pre-Series A funding led by Hyderabad Angels and Singapore-based M&S Partners.

Indian Angel Network invests in start-up RepUp

Online reputation management start-up RepUp has raised an undisclosed amount in funding from Indian Angel Network, said a report in The Economic Times.

Sanjay Mehta, Keshav Murugesh and Apurva Parekh of Indian Angel Network have led this round of investment. As part of the investment agreement, Mehta will join the RepUp’s board to help the company with strategic decisions.

The funds will be used by Gurgaon-based RepUp to acquire new customers from hotel industry in India and to explore South East Asian market.

Founded by IIT-Mumbai graduate Pranjal Prashar in December 2013, RepUp is a one-stop solution for hotels to increase bookings by improving reputation of the brand online. The company aggregates online comments and feedback on hotels based on data from about 100 websites.

In the coming year, RepUp will include onboarding of 500 hotels, building new partnerships, and exploring other geographies.

SparesHub gets funds from Hyderabad Angels, M&S Partners

SparesHub, an online marketplace for car spares, has secured an undisclosed amount in Pre-Series A funding led by Hyderabad Angels and Singapore-based M&S Partners.

The two investors with Hyderabad Angels – Prasad Vanga and PS Sreekanth will join SparesHub’ board as director and observer, respectively as part of the investment deal.

The Pune-based start-up, owned by Iradium Automobiles Private Ltd, will use the funds to expand its existing operations, improve technology infrastructure and strengthen the supply chain.

SparesHub, which was co-founded by Tapas Gupta and Arijit Chakraborty, currently retails auto parts of several brands including VolksWagen, Skoda and BMW.

 

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW