About Us

Welcome to IVY Growth Associates

Where innovation meets investment. We're your partners in success, with a passion for startups and a portfolio of over 70 disruptive ventures. Our focus is simple: your growth. we're here to amplify your journey. Let's redefine industries and create opportunities together.

Our Vision

Empowering Dreams, Igniting Growth: Uniting Startups & Investors for a Thriving Tomorrow

At IVY Growth Associates, we envision a dynamic global startup ecosystem where innovation thrives, driving profound impacts on economies. Committed to propelling entrepreneurs to success, our long-term aspiration is to be the world's fastest-growing angel network, building on our current status as the fastest-growing in India.

Our Services

Meet Our Team

Meet Our Co-Founders

Introducing the Minds Behind IVY Growth Associates

Rachit Poddar

Deal Sourcing & Patnerships

  • Alumni Of London Business School
  • Textile Busienss
  • 5+ Years Of Startup Investing

CA. Mehul Shah

Deal Evaluation

  • Chartered Accountant
  • 15+ Years Of Practicing Chartered Accountant
  • 10+ Years Of Startup Legal Consultant

CA. Prateek Toshniwal

Mandate Closure & IR

  • Director at MI Capital, Dubai
  • 5+ Years Of Practicing Chartered Accountant
  • 5+ Years Of Early-Stage Startup Mentoring

Sharad Todi

Portfolio Management

  • Alumni Of SPJIMR
  • Director at Sharad Finlease Pvt. Ltd.
  • 5+ Years Of Startup Investing

Our Journey

Various versions have evolved over the years, sometimes by accident,

October 2021

IVY Growth Associates Incorporated: Where Innovation Meets Investment, Cultivating Success Since October 21st!

October 2021 marked a significant milestone in the journey of IVY Growth Associates, as we officially incorporated our vision into reality. Founded on the principles of innovation and investment, IVY Growth Associates embarked on a mission to cultivate success in the startup ecosystem. Since our inception, we have remained steadfast in our commitment to identifying, nurturing, and investing in high-potential startups, contributing to the dynamic landscape of entrepreneurship

February 2022

Spring of 2022 Blossoms: IVY Growth Associates Sows Seeds of Prosperity, Investing in 50 Startup Ventures!

In Spring 2022, IVY Growth Associates invested in 50 startups, including standout ventures like Bebe Burp, BluSmart, and Bullspree. Other notable names in our portfolio include ClearDekho, Decode Age, Deyor, and Emotorad, reflecting our commitment to diverse innovation across industries. From Evify to Experiential Etc, these investments embody our dedication to fostering entrepreneurial success and shaping the future of business in India and beyond.

February 2022

Riding the Shark Tank Wave: A Dozen of Our Portfolio Companies Make a Splash in Season 1

In February 2022, IVY Growth Associates rode the Shark Tank wave with pride as a dozen of our portfolio companies made a splash in Season 1 of the renowned show. These innovative startups not only showcased their potential on a global platform but also demonstrated the strength of our investment portfolio.

June 2022

Unveiling Tomorrow: The Impactful Saga of '21by72' Startup Investor Summit Season 1, June 2022.

In June 2022, IVY Growth Associates hosted the inaugural '21by72' Startup Investor Summit Season 1, a monumental event that brought together over 10,000 attendees. The summit featured esteemed Chief Guest Harsh Sanghavi, Home Minister of Gujarat, alongside numerous startup founders and investors. This grand success not only highlighted our commitment to fostering innovation but also set a new benchmark in Surat's startup ecosystem and beyond.

October 2022

IVY Growth Associates: Extending Our Canopy to Welcome 100 New Investor Angels into Our Network!

In October 2022, IVY Growth Associates achieved a significant milestone by welcoming 100 new investor angels into our vibrant network. This expansion not only signifies our growing influence and reach but also reaffirms our commitment to providing unique investment opportunities and fostering a strong community of like-minded individuals. Each new member adds a valuable perspective and expertise, further enriching our ecosystem and propelling us toward greater heights of success.

June 2023

tepping into Greatness: IVY Growth Associates Presents Season 2 of “21by72”, the Epitome of Bharat's Startup Summit!

In June 2023, IVY Growth Associates proudly presented the grand sequel to its highly successful startup summit, 21by72 Season 2. This edition witnessed an overwhelming response with over 17,000 attendees, solidifying its position as Bharat's Biggest startup summit. Distinguished keynote speakers such as Aman Gupta (Co-founder, Boat), Gazal Alagh (Co-founder, Mamaearth), CA Sarthak Ahuja, Arjun Vaidya, and Dr. Vellumni graced the event, sharing their insights and inspiring the audience. With the participation of 80+ investment partners, including VCs and Family Offices, 21by72 Season 2 was a true testament to IVY Growth Associates commitment to nurturing innovation and fostering growth in the startup ecosystem.

June 2023

Groundbreaking Achievement: Adani Enterprises Acquires Trainman, Marking IVY Growth Associates First Successful Portfolio Exit!

In June 2023, IVY Growth Associates achieved a monumental milestone with the successful acquisition of Trainman by Adani Enterprises. This marks IVY Growth Associates first exit from its portfolio, showcasing the effectiveness of its investment strategies and the potential of the startups it nurtures. Trainman, a leading online train ticket booking platform, has been a shining example of innovation and customer-centric service in the travel industry. This groundbreaking achievement underscores IVY Growth Associates commitment to identifying and supporting high-potential startups on their journey to success.

August 2023

IVY Growth Associates: Catalyzing Success as One of India's Fastest-Growing Angel Networks!

With a vision to invest in 500 startups over the next decade, IVY Growth Associates is forging an ecosystem of startups and investors spanning the globe.

Empowering Dreams, Igniting Growth: Uniting Startups & Investors for a Thriving Tomorrow

At IVY Growth Associates, we envision a dynamic global startup ecosystem where innovation thrives, driving profound impacts on economies. Committed to propelling entrepreneurs to success, our long-term aspiration is to be the world's fastest-growing angel network, building on our current status as the fastest-growing in India.

December 2023 onwards

Prepare for Impact: IVY Growth Associates Goes Live with 21by72 Season 3, Setting New Standards in Startup Summits!

Building on the success of last year's summit, IVY Growth Associates is gearing up for an even more remarkable Season 3 of 21by72. As we embark on this journey, our commitment remains unwavering to foster entrepreneurship, invest in tier-2 cities, and amplify the networking effect among startups, investors, and public authorities. Get ready to witness innovation, collaboration, and transformation at its finest as we redefine the landscape of startup summits.

Our Journey

Various versions have evolved over the years, sometimes by accident,


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