Faad Network

FAAD Network Exits Battery Smart at a Phenomenal 61x Return on Investment!! We're beyond thrilled to share the news of our strategic exit from Battery Smart, a leading home-grown battery-swapping service provider for electric two- and three-wheelers in India! This exit delivers a remarkable 61x return on investment in just 45 months. Back in 2020, Battery Smart was a nascent startup with just one operational service hub. Today, it has transformed into a powerhouse with operations across 30 cities and over 1000 stations, now valued at $340 million (INR 2,842 crore). This success has been fueled by our support, culminating in an impressive 370% IRR over the investment tenure. FAAD Network remains dedicated to fostering growth and success for startups, ensuring sustained value creation for all stakeholders. As we continue to identify and support transformative ventures, we reaffirm our commitment to innovation and excellence in the angel investment landscape. We wish Battery Smart continued success and unstoppable growth in their mission to revolutionize the EV industry! Congratulations to founders Pulkit Khurana and Siddharth Sikka for their remarkable vision and execution. For more insights, checkout this link: https://lnkd.in/g_kT8EkR Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Neha Mourya Vatsal Lunawat Shivani Khare Shashank Rawat Samarth Gupta Abhilash Gupta #beingFAAD #AngelInvestor #StartupInvestment #EVRevolution #BatterySmart #EarlyStageFunding

Join us in congratulating Neha Mourya, our outstanding Investor Relations Manager, for completing two incredible years with FAAD Network. Neha, your dedication, hard work, and exceptional skills have significantly contributed to our growth and success. Your commitment to fostering strong relationships with our investors and stakeholders has been truly remarkable. Thank you for your unwavering dedication and passion. Here's to many more successful years together! Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Vatsal Lunawat Shivani Khare Samarth Gupta Abhilash Gupta Sanyam Jain #beingFAAD #TeamFAAD #Milestone #WorkAnniversary #FAADNetwork #InvestorRelations

Exciting News! BluSmart has successfully raised $24 million in its pre-Series B funding round! BluSmart's remarkable journey continues with this new investment from the MS Dhoni Family Office, ReNew Power CEO Sumant Sinha, and Switzerland-based asset manager responsAbility Investments AG. This funding will enable #BluSmart to expand its operations and build real EV charging infrastructure in India's megacities. A huge congratulations to founders Punit K Goyal and Anmol Jaggi and the entire BluSmart team for achieving this significant milestone! Your dedication and vision are driving the future of sustainable transportation in India. For more insights on this milestone, check out the full article here: https://lnkd.in/eJWNGHbp Aditya Arora Karan Verma Dr.Dinesh Singh Neha Mourya Harshika Paliwal Vatsal Lunawat Shivani Khare Samarth Gupta Abhilash Gupta Sanyam Jain #beingFAAD #SustainableMobility #ElectricVehicles #GreenTransport #Innovation #StartupSuccess

Hola, #Investor Community!! Join us for the FAAD Investor Meet-Up Delhi Edition 2.0! 📅 Date: Saturday, July 13 🏙️ Location: #Delhi 🎤 Highlights: 3 live pitches from promising startups Don't miss this opportunity to connect with industry leaders and discover innovative ventures. 📩 RSVP: Neha Mourya, Vatsal Lunawat, Samarth Gupta See you there! Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Shivani Khare Abhilash Gupta Sanyam Jain #beingFAAD #InvestorMeetUp #FAADInvestors #StartupPitches #Networking

We are excited to announce our investment in Amocare, a pioneering Wellness brand, marking their entry as the latest addition to our portfolio. In a pre-seed funding round co-led by us and AngelBay, Amocare has successfully raised $400K. Amocare, co-founded by Prabhat Maheshwari and Neeraj Sehgal in 2023, offers premium intimate wellness products focusing on natural solutions. They are dedicated to addressing lifestyle-related intimacy concerns with effective and scientifically formulated products. Congratulations to Prabhat, Neeraj, and the entire #Amocare team on this remarkable achievement! We look forward to seeing Amocare scale new heights, expanding their product line and international presence. To learn more about their journey, check out the article here: https://lnkd.in/gDhPJrcM Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Vatsal Lunawat Shivani Khare Neha Mourya Samarth Gupta Abhilash Gupta Sanyam Jain #beingFAAD #InvestmentNews #StartupFunding #FAADCapital

Exciting News! We are thrilled to announce that our latest portfolio company, Bengaluru-based GenAI-powered product photography startup Ayna, has successfully raised $1.5 Mn in its seed funding round! We are proud to make our first investment in Ayna through #FAADCapital. This round was led by Inflexor Ventures and co-invested by Lead Angels. Ayna, founded in 2023 by Aastha Rajpal and Yash Bansal, leverages proprietary compound foundational models and diffusion models to provide ecommerce brands with studio-quality product photoshoots. This innovative technology allows the creation of virtual human models, offering brands a cost-effective and scalable solution for product photography. Congratulations to the founders and the entire #Ayna team for achieving this significant milestone! We look forward to seeing them continue to revolutionize the ecommerce photography space and expand globally. Read more about Ayna's journey and future plans here: https://lnkd.in/geJSf2zG Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Neha Mourya Vatsal Lunawat Shivani Khare Samarth Gupta Abhilash Gupta Sanyam Jain #beingFAAD #InvestmentNews #GenAI #StartupSuccess #Ecommerce #AIPhotography #TechInnovation

Super proud to announce that our latest portfolio company, Skye Air Mobility, has raised $4 million in a recent funding round! We are proud to make our first investment in Skye Air through #FAADCapital. The round was led by Mount Judi Ventures, Chiratae Ventures, Venture Catalysts | India's 1st Multi-Stage VC, Windrose Capital, and Tremis Capital, with participation from Misfits Capital, Hyderabad Angels, Soonicorn Ventures, and other existing investors. Skye Air is revolutionizing last-mile logistics with its drone delivery solutions, expanding its network in Gurugram and other cities for healthcare, e-commerce, and quick-commerce deliveries. Their innovative Skye UTM system ensures safe and efficient drone traffic management, setting new standards in the industry. Congratulations to the founders, Ankit Kumar and Chandra Prakash, and the entire Skye Air team on this remarkable achievement! We look forward to witnessing your continued success and growth. For more insights, read the full article here: https://lnkd.in/gpJeaUCn Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Neha Mourya Vatsal Lunawat Shivani Khare Samarth Gupta Abhilash Gupta Sanyam Jain #FundingNews #SkyeAir #DroneDelivery #LogisticsInnovation #TechStartups

Chak De Phatte India! 🇮🇳 We did it! WORLD CHAMPIONS! Our boys absolutely smashed it out of the park at the ICC T20 World Cup finals. Cricket fever is officially through the roof and we're not complaining one bit! Huge shoutout to the entire team for their dedication, sweat (and maybe a few tears of joy). You guys are rockstars! Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Neha Mourya Vatsal Lunawat Shivani Khare Samarth Gupta Abhilash Gupta #TeamIndia #T20WorldCupChampions #CricketMeriJaan #MaukaMauka

Celebrating 9 Years of FAAD Network! From a record-breaking 61x return with Battery Smart to exceeding a portfolio valuation worth $1.5 billion – we’ve been on an exhilarating journey! Join us as we toast to our incredible milestones and the dynamic team that made it all possible. Here’s to many more years of innovation and success! 🥂 Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Vatsal Lunawat Neha Mourya Shivani Khare Shashank Rawat Samarth Gupta Abhilash Gupta #beingFAAD #9YearsofSuccess #InvestmentJourney #StartupSuccess #Innovation #TeamFAAD

We are thrilled to announce FAAD Capital's recent investment in Snap-E Cabs in their pre-series A funding round led by Inflection Point Ventures, with co-investors LetsVenture and Hem Securities Ltd. This new investment will support Snap-E's plans to add 300-400 EVs and expand to new cities by FY24. Since its inception in 2022, Snap-E Cabs has been at the forefront of the electric vehicle ride-hailing industry. Currently operating 600 EVs in Kolkata, they aim to scale to 1,500-2,000 EVs across five cities by FY25. Congratulations to the founders, MAYANK BINDAL and Jaydip Mukherjee, and the entire Snap-E team for this remarkable milestone! Your dedication and innovation continue to drive sustainable development in transportation. For more insights, read the full article: https://lnkd.in/gevKu4Wr #FundingNews #SnapECabs #ElectricVehicles #SustainableTransport #CleanTech #Innovation #EVMobility Aditya Arora Karan Verma Dr.Dinesh Singh Harshika Paliwal Neha Mourya Vatsal Lunawat Shivani Khare Shashank Rawat Samarth Gupta Abhilash Gupta