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Atpata secures Rs 30 lakh in debut Indian Angels episode

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Atpata, a promising startup, successfully obtained a substantial investment of Rs 30 lakh in the premiere episode of 'Indian Angels'. 'Indian Angels' is a distinctive angel investment show accessible on the OTT platform Jio Cinema, providing viewers with the chance to invest in the featured startups. In this inaugural episode, three different companies, namely Havit Cycles, Biggdiscount.com, and Atpata, were given the opportunity to pitch their inventive business concepts to a panel consisting of six accomplished angel investors.

The angel investor panel featured in the episode included notable individuals from various sectors, such as Ajinkya Firodia, who serves as the Managing Director of the Kinetic Group; Ankit Agrawal, the Founder and CEO of InsuranceDekho; Aparna Thyagarajan, who is the Co-founder and Chief Product Officer at Shobitam; Kunal Kishore, the Founder and Director of Value 360; Rikant Pittie, who co-founded EaseMyTrip; and Shreedha Singh, who holds the positions of CEO and Co-founder at T.A.C The Ayurveda Co. Out of the three startups that presented their business concepts, Atpata successfully secured a significant investment of Rs 30 lakh in exchange for a 20% equity stake.

The investment came from the distinguished angels Ajinkya and Aparna. Atpata's achievement in securing this funding not only underscores its potential as a startup but also underscores the distinctive concept of Indian Angels, where startups get the chance to present their ideas to a panel of well-known investors. This platform offers an inventive method for startups to access the funding required to advance their business ventures, all while enabling viewers to actively engage in the investment process.