Indian Angel Network invests $1 million in Vayavya Labs

24 Jul

“Indian Angel Network, India’s largest national network of business angels investing in start-ups, has invested $ 1 million in Vayavya Labs. This will provide a major boost for the expansion plans we had for our System Design Automation Tools and strengthens our sales and marketing efforts.

The TIE Bangalore played a major role in bringing about this deal. We appreciate the support and enthusiasm of Mr. Sharad Sharma who said, “Vayavya tools play a pivotal role in adding value by cutting down development, testing and debugging time at customer end thereby meeting the goal for go-to-market.”

The investment brings two veteran entrepreneurs, Mr. Sharma and Mr. Vivek Raghavan, to our Board of Directors.
Very few investments have been made in EDA/ESL technology space in India in the last two decades. Vayavya’s development centre in Belgaum is perhaps the only in Electronic System Level Design technology to be located in a Tier-II city in India.”

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For more details and coverage of this news please visit:

https://www.vccircle.com/500/news/vayavya-labs-raises-1m-from-indian-angel-network

https://timesofindia.indiatimes.com/tech/news/software-services/IAN-invests-1m-in-Vayavya-Labs/articleshow/9271106.cms

https://economictimes.indiatimes.com/tech/software/indian-angel-network-invests-1-million-in-tech-start-up-vayavya/articleshow/9277912.cms

https://www.dealcurry.com/20110718-Vayavya-Labs-Gets-Funding-From-Indian-Angel-Network.htm

https://startupcentral.in/2011/07/ian-invests-1-million-in-vayavya-labs/

https://yourstory.in/news/6332-indian-angel-network-invests-in-bangalore-based-vayavya-labs

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