Angel Investments
IAN invests $520-K in cross-border B2B marketplace Ensologic
New Delhi-based Ensologic, a cross-border B2B platform, has raised USD 520,000 in a seed funding round led by Indian Angel Network (IAN) and Hyderabad Angels. The round was led by angel investors Hirren Turakhia, Ajay Upadhyaya, and Bikky Khosla of IAN. The startup aims to use the funds or technology enhancement and supply building. Ensologic leverages technology to help 15 million Indian retailers buy consumer products directly from international suppliers. CENSIE Capital Partners was the exclusive financial advisor to Ensologic for this investment round.
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