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| IOT Enabled Two-Wheeler Canopy Startup SEPAL raises undisclosed amount in Seed Round through ah! Ventures Angel Platform |
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| 2-wheeler tech startup, SEPAL raises Seed Round of funding through ah! Ventures Angel Platform along
with participation from leading bollywood music composers and other distinguished angels. This is ah! Ventures 62nd investment taking its total investment portfolio to INR 189 CR with 9 exits till date. |
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| SEPAL was started in 2018 by IIT-B alumni, with a goal to provide all 2-wheeler riders with the important
comforts of a car, which includes complete weather protection and all the infotainment comforts. The first of
their innovations is SEPAL, which is a smart collapsible canopy that provides the rider and the pillion with
compete protection from sun, rain, dust and even cold. That too entirely on-demand, i.e. users can open/
close SEPAL within seconds whenever required. And when closed, SEPAL transforms into a compact bag
that snugly sits on the petrol tank not interfering with one’s riding experience. |
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| Further, SEPAL also comes integrated with an HUD, handle buttons and an IOT platform to provide the bike
riders with safe access to infotainment comforts like navigation, music streaming, call notifications etc.
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| “2-Wheelers are the primary mode of transport for the majority of Indians, yet it is such a struggle to drive 2-
wheelers during summers & monsoons. The ever-increasing pollution and traffic further worsens the
experience. Like many, we have realized the huge extent of this problem &
we decided to act on it.” said Vidhey Addepally and Kashyap Addepally - Founders, SEPAL
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| It has taken SEPAL over 3 years of R&D and over 7 iterations of prototyping and testing to finally come up
with the perfect solution that can transform commuting experience for all bike riders. They have also confirmed
partnerships with several clients in the delivery space such as Swiggy, BigBasket, Faasos and few others.
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| “I believe, if you solve an unsolved problem, chances are that you may end up building a successful
business. I saw this vision in Vidhey & Kashyap. Hence not only joined as their mentor but also as an early
investor in SEPAL. The problem of 2-wheeler safety and comfort was never addressed in the world till now,
which SEPAL is trying to solve. We still see bike riders helpless during rain and extreme sun. The navigation
& last mile issue is still unsolved which the SEPAL app will solve!” – said Deric Karunesudas, Angel Investor
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| Navin Tekwani, Head
Investor Relations & Strategic Alliances, ah! Ventures. said, “India is the largest two-wheeler market globally. Road safety for two-wheelers or passenger vehicles in India
was never accorded the priority it should have. However, road-safety is gaining momentum in India and the
safety regulations & severe crash tests have created the necessary awareness among end users. The IoT
technology is rapidly progressing across the globe, as it can help innovate and develop ADAS for two-
wheelers as well. Team SEPAL have got this innovative product which is going to be an instant hit with Daily
Commuter Utility Segment Bikers both on functionality & Aesthetics as well.”
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| SEPAL aims to use these funds, to set up their production infrastructure and launch SEPAL into the market
India-wide. In the following months, they will also be expanding their tech team and build a portfolio of
innovative products to be launched subsequently. Earlier, SEPAL has raised their Seed round from SucSEED ventures. They intend to raise another funding round in 12-18
months to penetrate to all corners of India and also start expansion to other developing countries.
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| Founder Contact: Vidhey Addepall, vidhey@sepal.in, +91-7013729755
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| ah! Ventures is India’s only curated and the largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has two platforms: Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! angel and high tables platforms have over 70000+ entreprenurs, 2000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! angel and high tables platforms till date have invested close to INR 189 Cr (~ 27 MN USD) in over 47 startups and 62 investments and have announced 9 exits. ah! Ventures will be announcing 6 more investments totalling to about INR 70 CR (~10 MN USD) under both platforms in near future. |
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| Founder Contact: Abhijeet Kumar, abhijeet@ahventures.in
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