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Mumbai Angels Announces Investment in ZipDial

ZipDial receives Series A investment of over $800,000 USD from both Indian and US angel investors, led by Mumbai Angels, India’s most active & most respected angel investing group.

ZipDial Mobile Solutions Pvt Ltd is a Bangalore-based company founded by Ms. Valerie Rozycki (CEO) and Mr. Amiya Pathak (COO), technology entrepreneurs with degrees from top global universities and graduate schools such as IIT-Kanpur, IIM-Calcutta and Stanford University as well as extensive professional leadership experience in both India and the US, including companies like mChek, Zapak.com, eBay, Ketera and Xerox.

Mr. Anil Joshi, Head Mumbai Angels, who lead the deal said that Mumbai Angels decision to invest in ZipDial was simple. “We believe that ZipDial with their patent-pending technology and strong team would leverage mobile platform to deliver host of services to customers across industry.” He informed that Mr. Sunil K Goyal, Founding Partner, YourNest Angel Fund and Mr. Shravan Shroff, Founder, Fame India Ltd have joined Business Review and Investment Committee (BRIC) of ZipDial to represent the investors from Mumbai Angels Group.

Mr. Sunil K Goyal explained that the Mumbai Angels Group is extremely impressed with ZipDial offering of a mass-market tool for market research, and customer feedback. A brand or a customer service organisation can get real time response and analysis from their customer, with them using free service of ZipDial. ZipDial’s patent-pending missed call concept offers varied services like polling, generating sales lead, and so on. According to him such an approach is unique and would certainly bring customers closure to their brands using high penetration of telecom services.

Mr. Shroff explained that investors from the Mumbai Angels Group viewed ZipDial as a high quality early stage company with potential for sustainable scalability and profitable growth. He added that group was delighted by the business progress achieved till date.

“We are delighted to have Mumbai Angels as an integral part of ZipDial now,” said Ms. Rozycki. “We plan to make ZipDial yet another success story from their portfolio, helping to inspire even more entrepreneurship and innovation in the Indian market.”

About ZipDial
The company was established out of Bangalore in early 2010 and now has a growing team of 14. ZipDial’s technology is patent pending and was built in-house by the team.

The ZipDial platform is 100% accessible to the mass market. The experience is a simple as dialing numbers – or missed calls. To understand the ZipDial experience, try ZipDial Cricket to stay tuned to the current IPL even on the go. Simply dial (toll-free missed call) 080 300 500 55.

ZipDial has been tested and proven through past campaigns with large customers such as Proctor & Gamble, KFC with Pepsi, Sanofi-Aventis, Videocon etc. Services are also live with happy small and medium business customers, including ecommerce businesses, law firms, individual celebrities, NGOs and live event managers. With successful customer campaigns in India and the Caribbean, ZipDial is ready to further expand globally.

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