The Chennai Angels

The Chennai Angels

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Investment Firm

Overview

The Chennai Angels (TCA), formerly known as Chennai Entrepreneurship Trust Fund, was established in November 2007 with the objective of fostering Entrepreneurship with prime focus on nurturing and mentoring new generation entrepreneurs.

You can play bellayoscura.com for real money or test your skill in practice mode - all under a safe and responsible gaming environment and a 24/7 customer support. Aspiring entrepreneurs with innovative business ideas often fumble to translate thoughts into commercially viable ventures. These teething troubles could be attributed to inadequate awareness in taking the ideas forward or paucity of funds.

In an effort to help these young minds, a group of prominent successful entrepreneurs came forward to form a consortium called The Chennai Entrepreneurship Trust Fund in Nov 2007, which is now The Chennai Angels (TCA). TCA are a Group of successful leaders who have successfully built, run and in many cases exited enterprises across multiple domains and industries and help entrepreneurs build and grow their ventures and enterprises into successful companies.

Besides providing capital, TCA members act as mentors for the green horns venturing into the world of business. TCA has among its members several Venture Capitalists who are available to partner TCA on larger outlays. The big advantage of being a TCA investee is that, apart from very high quality mentoring, investors are able to handhold the entrepreneur through the life cycle of fund raising as well and open doors to customers and partners of very high order.

Highlights

Founded

2007

Industry

Financial Services

Employees

101-250

Investment

84

Lead Investment

40

Exits

5

Stages

Early Stage Venture, Seed

Investor Type

Angel Group, Venture Capital

Location

India, Asia

Contact Information

Social

Profile Resume

The Chennai Angels, established in 2007 and headquartered in India, Asia., specializes in Early Stage Venture, Seed investments across E-Commerce, Retail, Shopping, Cosmetics, Beauty, Finance, Angel Investment, Financial Services, FinTech, Education. The organization boasts a portfolio of 84 investments, with an average round size of $862.2K and 5 successful exits. Their recent investments include Purplle, Mumbai Angels, Blume Ventures, QED, Online Prasad. The highest investment round they participated in was $2.7B. Among their most notable exits are Purplle and Mumbai Angels. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

N/A

Investment portfolio

The Chennai Angels has made 84 investments. Their most recent investment was on Jun 25, 2024, when LetsDressUp raised $1.3M.

The Chennai Angels has made 2 diversity investments. Their most recent diversity investment was on Apr 19, 2016, when Betaout raised $1.5M.

investments

84

Diversity investments

2

Lead investments

40

Number of exits

5

Investments

84

Annouced DateOrganization NameIndustryMoney Raised
Oct 25, 2023
Proost69 Proost69
Wine And Spirits3.0M
Dec 19, 2023
MangoPoint MangoPoint
Retail421.2K
Dec 27, 2023
Ecoil Ecoil
Logistics360.3K
Jun 25, 2024
LetsDressUp LetsDressUp
Fashion1.3M

Exits

5

Funding Timeline

Funding rounds

84

Investors

0

Funds

0

Funding Rounds

84

The Chennai Angels has raised 84 rounds. Their latest funding was raised on Jun 25, 2024 from a Seed Round - LetsDressUp round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Oct 25, 2023
Seed Round - Proost69 Seed Round - Proost69
-3.0M-
Dec 19, 2023
Angel Round - MangoPoint Angel Round - MangoPoint
-421.2K-
Dec 27, 2023
Venture Round - Ecoil Venture Round - Ecoil
-360.3K-
Jun 25, 2024
Seed Round - LetsDressUp Seed Round - LetsDressUp
-1.3M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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Recent Activity

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