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Thank You Rodinhoods! Please to announce InOpen raises VC funding

By Rupesh Kumar Shah on 2 Comments / 1969 views

Dear Rodinhoods,

 

 

Please to announce that InOpen (my startup incubated at IIT Bombay) has raised its VC fund from Ventureast. 

 

The  Official Press Release can be seen at https://blog.inopen.in/post/9328948496/inopen-raises-its-seed-round-funding-from-ventureast or at my blog

 

Relevant media reference can be seen at :

 

1. VC CIRCLE : https://www.vccircle.com/500/news/iit-bombay-education-start-inopen-raises-05m

2. BUZZ OM : https://www.buzzom.com/2011/08/iit-bombay-based-education-start-up-inopen-secures-500k-seed-fund-from-ventureast/

3. Media Nama : https://www.medianama.com/2011/08/223-inopen-secures-seed-funding-of-500000-from-ventureast/

 

Why am i saying / announcing this on therodinhood ? Three reasons. 

  1. I personally have benefitted a lot from learning shared by Rodinhoods. Special Thanks to Alok. This post is my regards towards all of that.  
  2. I have always believed that patience and continuos enthusiasm is essential for an entrepreneurial journey. This funding validated my belief. The Mantra is ‘Stay Calm, Move Ahead’
  3. I was associated with a venture before InOpen, which I had started during my college days with my college chairman. My Team managed to do a decent business of 50+ lakhs in 8 months but was let down by my chairman. He cheated upon my good faith. I just walked away from the brand we created without taking a single penny due.  My entire team walked away too leaving the brand to him. I had a belief that I can always repeat myself. When I landed in Mumbai my funds exhausted and one fine day I had no money to have lunch.I am happy with how things have shaped since then. Rodnhood have reiterated that grit and faith with good intention always pays. Thank You

 

Thank You Rodinhoods. Feel happy to be one among you. Keep up 

 

– Rupesh | https://about.me/rupeshkumarshah 

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2 Comments

  1. Good initiative for improving education sector .Embedding new ideas in education Sector would renovate & improve the quality of Education this is indeed necessary in India,Good to see Rupesh Kumar have taken initiative.

  2. Yes Puneet, I have used scan. It’s after using it that we decided to create an app that is well suited for the India mobile scenario. Our app gives same user experience on low-end smart phones to iPhones.

    Plus, we are adding a lot more functionality to it. We can’t be compared to Scan.me 😛

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