Seldom passes a day when billionaire Anand Mahindra does not praise a unique business idea or startup on his Twitter (now called X) account. With more than 1 crore followers, the billionaire is a popular person on the social media platform, and remains quite active on it. But his task does not end by just praising those unique business ideas, as the billionaire also invests in many such extraordinary startups.
Here¡¯s list of some startups in which Anand Mahindra, who has $2.8 billion net worth (as per Forbes) has invested:
LocalCircles is a Delhi-based startup that specializes in "social entrepreneurship." It was founded in 2012 by Sachin Taparia, K Yatish Rajawat, Abhishek Gupta, and Mukesh Gupta. It is an online forum where people can share a wide range of ideas, express their concerns about local or national issues, and ultimately assist others.
Anand Mahindra joined the LocalCircles advisory board in December 2015 after making an undisclosed investment in the startup, as per Startup Talky report. After Nadir Godrej, he became the second major corporate investor in the startup.
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Under the auspices of Food Marshal Tech Services Pvt Ltd, Jamshed Pesi Shaw and Fida Jamshed Shaw founded this food-tech startup in Mumbai in 2014 with the goal of facilitating customer connections between restaurants. Consumers can reserve tables, rate their preferred foods, and communicate with restaurants about any concerns they may have with their reviews.
Anand Mahindra provided DishCo with an undisclosed sum of angel funding in September 2015. Other well-known businessmen like Ashish Hemrajani of BookMyShow and Uday Punj of Punj Lloyd joined him.?
SheThePeople.TV is a digital media project that journalist Shaili Chopra started in 2015 with the goal of showcasing the achievements of women. In an effort to inspire all women and highlight their unwavering spirit, they have chronicled the tales of 10,000 women who have achieved success in their chosen fields. These tales are composed in both Hindi and English.
Anand Mahindra made an undisclosed investment in SheThePeople.TV in 2016. In order to further grow their market, the company stated that they would use the funds to start their initiatives in regional languages like Tamil, Telugu, and Kannada.?
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The journey of Thinkerbell Labs began in 2016 when four undergraduate students of BITS Pilani Goa campus -Dilip Ramesh, Sanskriti Dawle, Aman Srivastava, and Saif Shaikh were part of an Arduino-based project by the name of Project Mudra.
Thinkerball Labs' mission is to end the global issue of illiteracy that affects people with visual impairments. Their main offering is "Annie," a multi-button pad designed to help visually impaired students learn Braille on their own through audio-guided lessons, tests, and other activities. These lessons are available in several Indian languages, including Hindi, Marathi, Kannada, and others.
Rajesh Navaneethan and Manjunath Nayak of Indian Angel Network, along with Anand Mahindra, contributed a total of Rs 1.3 crore to Tinkerbell Labs in July 2017. In November 2019, Anand Mahindra contributed an undisclosed sum to the seed round of Thinkerball Lab.
An organization called Naandi Education Support and Training Pvt. Ltd., or NEST education, develops technological platforms to meet the information needs of urban India's lower- and middle-class populations.
Anand Mahindra and the Dell Foundation contributed about Rs 4 crore to NEST Education in August 2017. Mr. Anand Mahindra expressed his admiration for their efforts.?
Ankit Kumar, Mofid Ansari, Pratyush Singh, Rajat Dangi, and Shubhendra Vikram, students at the Indian Institute of Information Technology in Vadodara, founded the Gurugram-based startup in 2018 with the goal of creating a Web 3.0 social network.
With the assistance of former Mahindra executive Jaspreet Bindra, Anand Mahindra revealed on his Twitter account in June 2020 that he had discovered a promising opportunity in Hapramp Studio to support a rapidly growing "indigenous" Indian startup. He reportedly contributed about Rs?7.5 crore to the startup, according to multiple reports.?
Founded in 2015 by Nikhil NP and Vimal Govind MK, this Thiruvananthapuram-based startup specializes in the design and development of human-controlled robotic systems and robotically powered exoskeletons.
With the assistance of current investors Unicorn India Ventures and SEA fund, Anand Mahindra successfully raised Rs 2.5 crore in its Pre-series A funding round in October 2020.??
This Chennai-based space technology startup was established in 2017 and creates, produces, tests, and launches orbital-class rockets for micro and nano satellites. Their main offering is the Agniban rocket, which can transport up to 100 kg of cargo through a variety of orbits.
Together with a number of other Silicon Valley investors, including Naval Ravikant and Balaji Srinivasan, AgniKul Cosmos raised about Rs 80 crore in May 2021 from Anand Mahindra. This funding round represents one of the biggest for a privately held Indian space technology company.?
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