Atpata raises Rs 30 lakh in debut Indian Angels episode
- ByStartupStory | November 6, 2023
Atpata, a promising startup, manages to secure an impressive investment of Rs 30 lakh during the inaugural episode of Indian Angels. Indian Angels is a unique angel investment show available on the OTT platform Jio Cinema, offering viewers the opportunity to invest in showcased startups. In this debut episode, three distinct brands, Havit Cycles, Biggdiscount.com, and Atpata, had the chance to present their innovative business ideas to a panel of six accomplished angels.
The panel of angels featured in the episode included prominent individuals from various industries, such as Ajinkya Firodia, the Managing Director of Kinetic Group; Ankit Agrawal, the Founder and CEO of InsuranceDekho; Aparna Thyagarajan, Co-founder and Chief Product Officer at Shobitam; Kunal Kishore, the Founder and Director of Value 360; Rikant Pittie, Co-founder of EaseMyTrip; and Shreedha Singh, CEO and Co-founder of T.A.C—The Ayurveda Co. Atpata, among the three startups that presented their business ideas, successfully secured a substantial deal for Rs 30 lakh in exchange for a 20% equity stake.
This investment was provided by the esteemed angels Ajinkya , Aparna and Rikant Pittie.
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Atpata’s accomplishment in obtaining this investment not only highlights its potential as a startup but also showcases the unique concept of Indian Angels, where startups have the opportunity to pitch their ideas to a group of prominent investors. This platform serves as an innovative way for startups to gain the capital they need to further their business endeavors while allowing viewers to actively participate in the investment process.
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