IAN invests in Gadgetwood

Indian Angel Network (IAN) has invested an undisclosed amount in Gadgetwood, an online smartphone and tablet repair service. The investment was led by IAN investor members Ajai Chowdhury, Nitin Singhal and Ashvin Chadha, Yogesh Bansal. It will use the proceeds to strengthen its team and make technological upgrades, geographically to extend to other metros, it said in a statement.