IVY Growth Associates

Before you pitch

• IVY Growth Associates is an angel network that takes equity. It is not a grant, and it publishes no application window or deadline.
• The site does not state a stage, sector filter or cheque size. Ask what the network usually backs before you spend time on a long note.
• It says it looks at product market fit, founder market fit, the competitive landscape and its own scoring model, so have clear answers on each.

How to reach them

• Fill in the Pitch Startup form on the Startup page. It asks for your startup name, parent name, a description, how it works, an email, tags, a pitch deck link and a projections link.
• Have a deck link and a projections link ready before you start the form.
• For general questions, use the Contact page or the pitch inbox on the site.

What to expect

• Expect a pool of angel investors, not one fund. The site says it connects startups with investors and helps with deal structuring, due diligence and legal work.
• It offers help with pitch decks, valuations and government grant applications.
• The 21by72 summit each June is a chance to pitch in person to investors.

IVY Growth Associates is an angel investment network based in Surat, Gujarat. It describes itself as one of the fastest growing angel networks in India and says it was incorporated in October 2021. It connects startups with a pool of angel investors, rather than running a single fund, and also runs a startup summit called 21by72 every June.

Who IVY Growth Associates backs

The site says it supports startups from the start. It does not state a stage band, a sector filter or a typical cheque, so read it as a generalist angel network. Its portfolio page groups companies by sector, with the biggest groups in D2C and logistics, energy and mobility, marketing and deeptech, plus fintech, education and healthtech, fashion, travel, gaming and agritech. It says it has evaluated over 1000 startups and has 70+ portfolio companies. Named investments include Bebe Burp, BluSmart, Bullspree, ClearDekho, Decode Age, Deyor and Emotorad, and it lists the sale of Trainman to Adani Enterprises as its first exit.

How the network works

On the investor side, the site says it has a network of 1000+ angel investors across India, the UK and the UAE, plus connections with 30+ VCs and investment bankers. It also states that it helps with deal structuring, due diligence and legal work. Its stated approach to picking startups looks at product market fit, founder market fit, the competitive landscape and a proprietary scoring model. For founders, it lists acceleration support such as pitch decks, valuations and government grant applications, and a route to other angel networks and portfolio companies.

How to pitch

This is an investor network, not a programme with an application window, so there is no stated deadline or cohort. The Startup page has a Pitch Startup form that asks for your startup name, parent name, a description, how it works, an email address, tags, a pitch deck link and a projections link. The Contact page also lists a phone number and the Surat office address.

The summit and other activity

The 21by72 Startup Summit is its flagship event, held in Surat since 2022, with a fourth season in June 2025. An international edition was held in November 2024. The site also describes a planned venture fund named Arigato Capital, but it does not say the fund has launched, so do not treat it as a live route to funding.