Investments
7Portfolio Exits
1About BITS Spark Angels
Spark Angels is an angel network comprising of BITSian angels (distinguished alumni and entrepreneurs) and select non-BITSians partners. It is targeted at funding high potential seed stage BITSian start-ups based in India. Angel funding is targeted towards startups that have sufficient traction with the intent to raise a seed round.

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Latest BITS Spark Angels News
Aug 28, 2014
Varsha Adusumilli | August 28, 2014 at 8:15 am 2 We at YourStory.com caught up with Raju Reddy, Founder, Sierra Atlantic & Chairman, BITSAA International along with Sanjay Nath, MD, Blume Ventures. Both of them are striving to build the entrepreneurial ecosystem within BITS Pilani’s campuses via many innovative programs and initiatives. In this video, Raju and Sanjay share their views on fostering campus entrepreneurial ecosystems and how BITS Pilani is leading the way for universities in India. Watch the video: Follow @varsha181 Varsha Adusumilli, while is busy donning multiple hats at YourStory, likes to spend some of her free time catching up with inspiring leaders and uncovering their stories. Varsha is an alumnus of BITS Pilani, and has worked with Amazon.com and Samhita.org before joining YourStory full-time in 2011. Feel free to drop in a note to her at varsha@yourstory.com Latest Posts
BITS Spark Angels Investments
7 Investments
BITS Spark Angels has made 7 investments. Their latest investment was in Euphotic Labs as part of their Pre-Seed on November 11, 2022.

BITS Spark Angels Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/24/2022 | Pre-Seed | Euphotic Labs | $1M | Yes | BITS Spark Angels, Supermorpheus, and Undisclosed Angel Investors | 1 |
3/16/2022 | Angel | |||||
8/19/2021 | Seed VC - II | |||||
6/12/2013 | Seed VC | |||||
2/23/2013 | Seed |
Date | 11/24/2022 | 3/16/2022 | 8/19/2021 | 6/12/2013 | 2/23/2013 |
---|---|---|---|---|---|
Round | Pre-Seed | Angel | Seed VC - II | Seed VC | Seed |
Company | Euphotic Labs | ||||
Amount | $1M | ||||
New? | Yes | ||||
Co-Investors | BITS Spark Angels, Supermorpheus, and Undisclosed Angel Investors | ||||
Sources | 1 |
BITS Spark Angels Portfolio Exits
1 Portfolio Exit
BITS Spark Angels has 1 portfolio exit. Their latest portfolio exit was Framebench Technologies on February 22, 2016.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
2/22/2016 | Acquired | 1 |
Date | 2/22/2016 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
BITS Spark Angels Team
1 Team Member
BITS Spark Angels has 1 team member, including current Founder, Abhinav Khushraj.
Name | Work History | Title | Status |
---|---|---|---|
Abhinav Khushraj | Founder | Current |
Name | Abhinav Khushraj |
---|---|
Work History | |
Title | Founder |
Status | Current |
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