Ivy Growth Associates

What Ivy Growth Associates does

Ivy Growth Associates (IVY Growth Associates Pvt. Ltd.) is a Surat, India-based angel investment network founded in October 2021 that connects early-stage startups with high-net-worth investors, family offices, and venture capital firms. The company curates a two-sided ecosystem: on the supply side it has evaluated 1,000+ startups and built a portfolio of 70+ companies across EV, fintech, deep tech, D2C, and healthtech, deploying approximately $30 million in capital; on the demand side it has onboarded 500+ investors across India, the UK, and the UAE, with twelve portfolio companies featured on Shark Tank India Season 1 and a first major exit (Trainman, acquired by Adani Enterprises in June 2023). Its core technology is a Deal Discovery Platform that matches startups with strategic investors, VCs, and ecosystem partners, supplemented by a proprietary scoring model for startup evaluation and an Angel Tech investor portal providing deal terms, founder profiles, and pitch event information.

The business operates a platform-plus-services model. Monetization spans professional services (portfolio building for HNIs/UHNIs/family offices, acceleration support including pitch deck preparation, valuations, and government grant applications), subscription-based recurring revenue (the Angel SIP product requiring Rs. 1 lakh monthly commitments over 25 months), and transaction/success fees on the Deal Discovery Platform. Distribution is event-driven and community-led: the flagship 21by72 Startup Summit in Surat scaled from 10,000 attendees in its 2022 inaugural edition to 17,000+ in 2023 and carries government backing (i-Hub, iNDEXT-B, Industries Commissionerate) for its June 2025 edition, while the newly launched International Investor Summit extends the model cross-border. The company is privately held by four co-founders — Rachit Poddar, CA. Mehul Shah, CA. Prateek Tosniwal, and Sharad Todi — and is institutionalizing its model with the planned $15 million Arigato Capital VC fund targeting SaaS, AI, AgriTech, D2C, Sustainability, and Web3.

Name

Ivy Growth Associates

Legal name

IVY Growth Associates Pvt. Ltd.

Website

https://ivygrowth.co.in

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Ivy Growth Associates is a Surat-based angel investment network founded in 2021 that connects early-stage Indian startups with 500+ HNIs, family offices, and VCs across India, UK, and UAE via a deal discovery platform, the 21by72 Summit, and 70+ portfolio investments.

Ownership category

akta.pro rank

Product category

Angel Investment Network

NAICS

Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industries

Technology & Software Growth Equity (FSANACAA), Corporate Accelerators & Startup Programs (FSANAHAD)

Keywords

• Angel investment network
• Startup funding platform
• Venture capital services
• Deal discovery platform
• Angel investor community

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Portfolio Building Services for HNIs/UHNIs/Family Offices: Services helping High Net Worth Individuals, Ultra HNIs, and Family Offices build and manage their startup investment portfolios. Revenue is generated through management fees and/or carried interest on successful investments.
2. Acceleration Support Services: Services helping startups with pitch deck preparation, valuations, and government grant applications. Revenue likely generated through success fees or service retainers.
3. Angel SIP (Systematic Investment Plan): A systematic angel investment product where investors commit Rs. 1 lakh every month for 25 months (total Rs. 25 lakh commitment) to be part of an exclusive angel fund, enabling regular startup investments.
4. Deal Discovery Platform Access: Platform connecting startups with strategic investors, VCs, and ecosystem partners, likely monetized through listing fees or transaction success fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Ivy Growth Associates operates an angel investment network that connects early-stage startups with a curated pool of angel investors, HNIs, UHNIs, and family offices across India, the UK, and the UAE. Its core offerings include a Deal Discovery Platform, the Angel Tech investor platform, the Angel SIP systematic investment product, portfolio building services for wealthy investors, and acceleration support (pitch decks, valuations, government grant applications) for startups. The company also runs the 21by72 Startup Summit and International Investor Summit as flagship deal-sourcing and networking events.

Product overview

Ivy Growth Associates operates as an angel investment network offering a platform-plus-services model. The core products include Angel Tech (a deal discovery and startup investment platform), Angel SIP (a systematic monthly investment product), and Arigato Capital (a planned VC fund targeting SaaS, AI, and emerging tech sectors). These are complemented by Acceleration Support services for pitch deck preparation and portfolio building assistance for HNIs and family offices. The company also organizes the 21by72 Startup Summit as a flagship networking and funding platform. Together, these offerings create an end-to-end ecosystem connecting startups with investors across India, UK, and UAE.

Differentiator

Problem solved

Functional benefit

Brands

• Angel Tech: A platform providing exclusive startup deals, detailed deal terms, founder profiles, and information about upcoming pitch events for investors.
• Angel SIP
• Arigato Capital

Products and services

• Angel Tech Digital platform providing angel investors with exclusive access to startup deals, detailed deal terms, founder profiles, and information on upcoming pitch events, designed to simplify startup investing.
• Angel SIP Systematic angel investment product allowing investors to commit Rs. 1 lakh per month for 25 months (Rs. 25 lakh total) to participate in an exclusive angel fund, making startup investing more accessible and recurring.
• Deal Discovery Platform Proprietary platform connecting startups with Strategic Investors, VCs, and ecosystem partners, enabling curated deal discovery and introductions for portfolio building.
• Acceleration Support Service helping startups prepare pitch decks, perform valuations, and apply for government grants to become investor-ready.
• Portfolio Building Service Service helping HNIs, UHNIs, and family offices build and manage their startup investment portfolios, with revenue generated through management fees and/or carried interest on successful investments.
• 21by72 Startup Summit Flagship annual startup summit held in Surat, providing startups with networking and funding opportunities through connections with 80+ investment partners, VCs, family offices, and industry icons. Grew from 10,000+ attendees in Season 1 (June 2022) to 17,000+ in Season 2 (June 2023), and Season 4 in June 2025 is backed by government bodies i-Hub, iNDEXT-B, and Industries Commissionerate.
• Arigato Capital Planned $15 million venture capital fund focused on SaaS, AI Tech, AgriTech, D2C, Sustainability, and Web3 sectors, to be led by IVY Growth Associates' co-founders Rachit Poddar, Prateek Tosniwal, Sharad Todi, and advisor Mehul Shah.

Quantifiable outcome

• 85+ successful investments within 3 years
• +5 more outcomes

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core.

• i-HubcoreStrategic or Co-development Partner · 1 June 2023Government technology hub backing the 21by72 Startup Summit Season 4 (June 2025), providing institutional support and credibility to the startup ecosystem initiative.
• iNDEXT-BcoreStrategic or Co-development Partner · 1 June 2023Government body co-supporting the 21by72 Startup Summit Season 4, contributing to India's startup ecosystem development alongside IVY Growth Associates.
• Industries CommissioneratecoreStrategic or Co-development Partner · 1 June 2023Government Industries Commissionerate supporting the 21by72 Startup Summit Season 4, providing institutional backing for India's startup ecosystem growth.
• Steam HousecoreStrategic or Co-development Partner · 15 June 2022Strategic collaboration for organizing the 21by72 Startup Investor Summit, with Steam House co-organizing the third edition in Surat on June 15-16.
• Angel Networks EcosystemcoreChannel Partner/ Reseller/ DistributorCollaboration with other angel networks for deal flow sharing and co-investment opportunities, enabling broader startup coverage and investor access.
• Shark Tank IndiacoreGTM or Marketing Partner12 portfolio companies featured on Shark Tank Season 1, providing major TV visibility and credibility boost for startups in IVY Growth portfolio.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• 100X.VC: India-focused early-stage fund that writes SAFE-style tickets in seed startups. Listed as an investment partner in IVY Growth's network. Comparable to IVY's angel-stage thesis and to the planned Arigato Capital fund in targeting very-early Indian tech startups.
• LetsVenture: India's leading online deal-discovery and syndication platform for startup investing. Directly comparable to IVY Growth's Angel Tech / Deal Discovery Platform — both operate curated marketplaces that connect startups with angel investors, family offices, and VCs across India.
• Mumbai Angels: One of India's oldest angel investor networks. Comparable to IVY Growth in serving HNIs and family offices seeking curated early-stage startup exposure in India, though more established and headquartered in a Tier-1 financial center.
• Inflection Point Ventures (IPV): One of India's largest angel networks with a community of 12,000+ investors and a curated deal-discovery platform. Directly comparable to IVY Growth in operating model — angel community, deal curation, syndicated investments into early-stage Indian startups — and is named as a financial partner on IVY's own network page.
• Venture Catalysts: India's largest integrated startup incubator and angel network. Directly comparable to IVY Growth as a syndicated angel investing platform connecting startups with HNIs and family offices, and operates a 9Unicorns accelerator/seed fund vehicle in the same category as IVY's Arigato Capital.
• 9 Unicorns: Venture Catalysts' accelerator and seed fund arm focused on early-stage Indian startups. Comparable to IVY's planned Arigato Capital fund and Angel SIP as an institutional vehicle that sits on top of a parent angel network — same syndication-plus-fund structure.

Broad incumbents

• Blume Ventures: One of India's most prominent early-stage VC firms. Listed as a financial partner in IVY Growth's network. Comparable as a sourcing channel and co-investor, but operates at significantly larger fund sizes and a more institutional cadence than IVY's angel/seed positioning.
• AngelList India: Global platform (with India presence) for startup fundraising, syndicates, and rolling funds. Comparable to IVY Growth's Angel Tech platform and Angel SIP product as a deal-discovery and syndication infrastructure for angel investors in India.
• Artha Venture Fund: India-focused early-to-growth stage VC firm. Comparable to IVY Growth as a partner in the same investor ecosystem and in targeting similar sectors (D2C, fintech, SaaS), but with more institutional fund vehicles and longer history than IVY's planned Arigato Capital.
• Indian Angel Network (IAN): India's first and largest angel network with a structured fund vehicle (IAN Fund). Comparable to IVY Growth as a broad angel platform with both curated deal flow and an institutional VC arm, but with a much longer track record and deeper LP base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ivygrowthassociates
• LinkedInlinkedin.com/company/ivy-growth-associates
• Instagraminstagram.com/ivygrowthassociates

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments58 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ivy Growth Associates