Delhi-Based Leaf Raises $250K from a Clutch of Investors

Delhi-based Leaf Wearables, maker of wearable safety device SAFER, has raised $250,000 in seed funding from a clutch of investors, according to a statement.
The funding has been raised from seasoned investors including serial entrepreneur Ajeet Khurana, Mumbai Angels, Jinesh Shah, founding Partner at Omnivore Ventures, Vikram Chachra, co-founder of Eight Capital, Aniruddha Malpani, director at Solidarity Investment Advisors, and Vijay Talreja, co-founder and director at Adapty Inc.
The funds will be used to further grow reach of SAFER in order to address the issue of women safety, the statement added.
“We are excited with the support we have received from our investors. The money will be utilised to expand the product offering. We hope to reach to the masses and contribute towards the safety of women with SAFER. SAFER has been developed to let women feel safer every time with a practical solution at an affordable cost,” said Manik Mehta, co-founder of Leaf Wearables.
Founded by Mehta, Avinash Bansal, Ayush Banka, Chiraag Kapil and Paras Batra, Leaf Wearables aims to make a million families SAFER by 2017.

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