ah! Ventures announces its First Profitable Exit in Harness Handitouch within 2 years of its investment. All the investors have got full exit after current fund raise with Armat Group.
Harness Handitouch, a Chennai-based educational technology startup, had raised about INR 1 CR angel investment from ah! Angels, India’s fastest growing angel investment network and a part of ah! Ventures India, about 2 years back. (View Old Press Release)
“I always had confidence in Subbu and his capabilities from start and it has turned out really good for us and our investors. All our investors have got profitable exit within 2 years of their investment. I think this may be the fastest profitable exit by any Indian angel investor network till date. Subbu and ah! Ventures team have worked very closely to get this exit possible for all our investors. Our focus in future will be to have many more such exits and to achieve that we plan to invest in very high quality startups. Hopefully this will increase investor confidence and we will achieve our goal of creating many more angel investors in Indian ecosystem” says Abhijeet Kumar, Founding Partner, ah! Ventures.