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The Venture Codex

VentureNursery

B-103, Kailash Apartment, Juhu Church Road, Juhu, Mumbai, Maharashtra, 400049, India

Overview

VentureNursery (VN) is India’s first angel-backed start-up accelerator. Established in March 2012 by two like-minded Angel Investors -Shravan Shroff, Founder and former MD, Fame Cinemas and Ravi Kiran, former CEO-South East & South Asia, Starcom MediaVest Group and Co-Founder and Managing Partner, Friends of Ambition, the accelerator runs its physical premises out of Mumbai, India. Based on our belief that the angel ecosystem must focus primarily on maximising the success potential of start-ups, VentureNursery undertakes an intensive and immersive coaching and mentoring role in the chosen start-ups and helps each with end-to-end infrastructural and learning support.

Total investments
2
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Incubators
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Investment portfolio

  • Arya.ai

    Led · Series A · Dec 2015

    Arya.ai is a Mumbai-based artificial intelligence startup. The article reports the company raised $750,000 in a pre-Series A funding round. Investors named in the report are YourNest Angel Fund and members of VentureNursery. The piece cites a company statement as its source. The article provides no details on the company's product, team, revenue, user metrics, or planned use of proceeds. No past rounds, founding year, valuation, or other financial terms were disclosed.

  • Klip.in

    Participated · Equity · Feb 2015

    Klip.in aggregates products on a single platform and enables users to Klip items from anywhere on the web and create visual Klipboards. The product emphasizes personalization through users' social graphs and unique features such as following stores and people to collect richer data points. The company currently lists around 1,200+ stores and reports an active user percentage of about 35%. Klip.in is prioritizing growth over immediate revenue and has a monetization strategy based on affiliate commissions and customized ad products. It is developing mobile apps and plans to strengthen its recommendation engine using the expanded catalog and collected data. The company will use new funding to scale technology and marketing headcount and aims to double its current team of eight. Smursh Ecommerce (part of Smursh Media) operates Klip.in, a social shopping discovery and curation platform that aggregates and curates products based on social connections and interest graphs. The platform lets users discover products across the web, perform product research with help from social connections, ask questions and post comments. As of the article, Klip.in has curated over 5,000 products from more than 100 sites and has around 1,000 members. The venture was set up in 2011 by college mates Harsh Gadia and Maneesh Madambath, who also run Smursh Media. Klip.in raised an undisclosed amount from VentureNursery and plans to use the funds to build technical resources for the product and grow its user base. The company graduated from VentureNursery's second accelerator batch in April.

Team

No current team members are available.