November 29, 2021
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LetsVenture In The News(22-28 Nov)


Tech-based Mentorship Platform MentorKart® raises USD 250K LetsVenture & Ashish Vidyarthi Join this round

Leading Tech-based Mentorship patented platform MentorKart announced that in its extended round of funding, it has raised funds from LetsVenture and senior actor & motivational speaker Ashish Vidyarthi taking total funds raised till date to USD 250K. MentorKart will utilise the funds for its go-to Market plans, enhancing its platform, strengthening tech capabilities, building new products and expanding teams across tech, product, and marketing. Read more:

Test Prep Startup Toppersnotes raises $1mn in a seed funding round

Test Prep Startup Toppersnotes raises $1mn in a Seed round led by Inflection Point Ventures. The round also saw participation from LetsVenture, PlanB Capital, Pulkit Agrawal (CEO – Trell), Ashish Sharma, (MD – Innoven Capital) and other notable angels.Read more:

Magenta to infuse ₹250 crore in Tamil Nadu for EV unit

Magenta will invest close to ₹250 crores and set up a manufacturing unit focused on the design, product development and architecture standards for EV technologies in the e-mobility space. The investment will be mainly for the R&D, manufacturing technologies and a broader set of choices in the e-mobility segment. It signed a Memorandum of Understanding (MoU) with the State Government of Tamil Nadu to invest in building the EV charging infrastructure in the state.Seed funded by HPCL in 2018 & incubated by Shell in 2019, Magenta is also backed by the Microsoft Startup Program further to strengthen its advanced technology platform for Electric Mobility. In 2020, Magenta had raised pre-series funding from JAN (JITO Angel Network) and LetsVenture. In May 2021, Magenta announced that it had closed its Series A funding by renowned Indian American philanthropist, billionaire, and serial entrepreneur, Dr Kiran Patel.

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To read key news and updates from last week on angel investing & startups from LetsVenture, visit:


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