India Dealbook: Innov8, Aisle raise angel funding

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Co-working space provider Innov8 and online match-making app Aisle have raised an undisclosed amount of funding.

Innov8 raises angel funding via LetsVenture, Venture Catalysts

New Delhi-based Innov8, which provides co-working space, has raised an undisclosed angel funding through LetsVenture and Venture Catalysts platform.

Other angel investors like Vijay Shekhar Sharma of Paytm, Rajan Anandan of Google, Kunal Shah of FreeCharge, Girish Mathrubootham of Freshdesk and Anand Chandrasekeran of Facebook, participated in the round.

Innov8 will use the proceeds for expanding to Gurgaon, Noida and Mumbai. Founded in 2015, the company offers co-working, startup hub, office and event spaces. It is also backed by Y Combinator and has centres in Delhi, Chandigarh and Bangalore, where it opened its biggest workspace recently.

CIO Angel Networks leads round in Aisle

Aisle, a Bangalore-based online match-making app, has secured an angel funding led by CIO Angel Network.

Other investors like Konglo Ventures, White Unicorn Ventures, and LetsVenture also took part in the round.

On behalf of CIO Angel Network, Anthony Thomas, former CIO of Vodafone, and Sanjay Mehta, a serial entrepreneur-turned-angel investor, led the round, according to a statement.

“Online matchmaking in India is a gender, age, proximity, faith and mother tongue-based business. We think it’s also essential to understand a person’s taste & intent—these are equally important,” said Able Joseph, founder & CEO, Aisle.

Aisle was founded in 2014 by Joseph and is a members-only online singles community that aims to tread the middle path between traditional matrimony websites and casual dating applications.

In January 2016, it had raised a pre-Series A funding from TermSheet and ah! Ventures. Other angels like Anand Chandrasekaran, former Snapdeal CPO, and Mekin Maheshwari, former chief people officer with Flipkart, also participated in the round.

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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.

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.