Online fundraising platform LetsVenture has raised an undisclosed amount in its Series A round of funding led by Accel Partners and Anupam Mittal, with participation from Nandan Nilekani, Rishad Premji, Kunal Bahl, Rohit Bansal, Girish Mathrubootham, Amit Ranjan and Singapore Angels among others. Ad: Click here to buy MediaNama's Business of Crowdfunding in India report. INTRO1K gets you Rs 1000 off. The company will use the funds to scale up, bring on board new investors and expand its employee base from the current 22 to 40 by the end of the year. Note that the company earlier raised a seed fund worth Rs 4 crore from various investors in May last year. LetsVenture is an online deal-making platform that brings together investors and startups, much like AngelList. It essentially works like a marketplace for global investors to connect with entrepreneurs of India. The platform is currently free for investors, and charges startups 2 per cent of the funds raised as fee. Interestingly, the last time to company raised funds, it said it might start charging investors around Rs 20,000 as annual registration fee, which it has yet refrained from doing. In 2015, the company claims to have funded 50 startups for a total of up to $17 million. This includes over 10 startups in the consumer internet sector and 5-10 startups in mobile, SaaS, education and ecommerce sectors. It also claims to have an investors base of over 1200 angels from over 20 countries. AngelPrime funding: In July, seed-stage fund…
