Investing

The 31 Most Active Angel Investors For Indian Startups

CRED founder Kunal Shah was the busiest angel investor within the startup ecosystem in 2021, handing out 62 cheques

Two angel buyers and former colleagues Jitendra Gupta, and Amrish Rau have additionally launched enterprise capital White Venture Capital to fund fintech startups

Unicorn founders corresponding to Sujeet Kumar, Gaurav Munjal, Vidit Aatrey, Varun Alagh, and Sahil Barua had been energetic angel buyers in 2021.

The year 2021 was actually a bumper year for Indian startups. The year didn’t solely see many startups shifting to the general public market from personal, elevating money within the type of an IPO, but in addition noticed 42 Indian startups getting into the unicorn membership.

The year 2021, additionally noticed the startup ecosystem cross $100 Bn in receiving funding since 2014. If we discuss extra in regards to the year, over $42 Bn was invested in startups, by far the best quantity raised by Indian startups in a single year.

While VC/PE companies’ funding ideally comes into the image when these startups meet sure standards corresponding to ARR, income, the merchandise bought and so on.; it’s the angel buyers who assist the startup founders in meeting the operational bills throughout the formation years. Over the years, the contribution of angel buyers in early-stage startups has change into irreplaceable and irrefutable.

According to Inc42 information, over 950+ angel and particular person buyers participated within the startup funding. Though lots of them participated in lower than 2-3 offers.

We have collated an inventory of 31 most energetic angel buyers in India for our readers.

The listing beneath will not be meant to be a rating of any type. We have listed the buyers in alphabetical order.

Most Active Angel Investors For Indian Startups

1. Amit Lakhotia

A former vp of now listed fee big, Paytm, Amit Lakhotia other than operating his enterprise Park+ can also be very a lot into investing in startups. Angel investor in fintech startup BharatPe, and social commerce platform Trell, Lakhotia began his sensible automobile parking business Park+ in 2019. It has already raised Series B spherical value $25 Mn from Sequoia, Matrix amongst others. In 2021, Lakhotia participated in 9 funding offers and backed startups like Fixcraft, GoKwik, and Junio.

2. Amrish Rau

Started his career as a gross sales supervisor in Siemens Nixdorf in 1996, Amrish Rau has steadily grown his option to changing into a two-time entrepreneur. He cofounded Mumbai-based digital funds startup Citrus Pay, together with Jitendra Gupta in 2013, which was later bought to PayU in 2016. In 2020, he joined Pine Labs because the CEO.

Rau-led Pine Labs, is now heading for an IPO and has lately acquired an funding value $20 Mn from SBI. Last week, Rau additionally introduced the launching of a enterprise agency in affiliation along with his former cofounder Jitendra Gupta – White Venture Capital. The enterprise agency will make investments $250K – $1 Mn in seed to Series A rounds of fintech startups in India and Southeast Asia.

In 2021, Rau participated in 9 startup funding offers together with Locus, Multiplier, OneCode. Overall, Rau has invested in additional than 35 startups.

3. Anand Chandrasekaran

Anand Chandrasekaran, who cofounded now NASDAQ listed Aeroprise in 2001, has held a number of roles in several organisations in over 20 years of his skilled career. Chandrasekaran has additionally held roles in firms corresponding to Facebook and Future Group. Just a number of days again, he joined General Catalyst as a accomplice.

Overall he has participated in 130 offers, out of which, 70% are in Indian startups. Some of his current investments in India included cloud administration startup OpsLyft; retail aggregator SuperK, and B2B ecommerce platform Venwiz.

4. Anjali Bansal

Anjali Bansal, founding father of Avaana Capital has invested in additional than 5 startups in her personal capability in 2021.

Bansal who sits on the board of Tata Power, Bata, Kotak AMC, and Piramal Enterprises, has invested in unicorn startups corresponding to IPO-bound Delhivery, Urban Company, Darwinbox, publicly-listed Nykaa, and Lenskart. Last year she invested in Clinikk, Mudrex, and Qapita, amongst others.

5. Anuj Srivastava

Founder and CEO of the lately minted unicorn — Livspace, Srivastava began his career as a supervisor in PepsiCo Management Leadership Program, Srivastava later joined Google as international head of product advertising and marketing and development.

Last year, he invested in about 10 startups together with house decor and life-style model Nestasia, an Ayurveda physician platform NirogStreet, and medical health insurance startup Plum.

6. Anupam Mittal

Anupam Mittal began his entrepreneurial career with the People Group, which manages companies corresponding to Shaadi.com, Makaan.com and Mauj Mobile. Over the years, he has invested in additional than 50 startups together with Ola, Druva and Whatfix.

Mittal, who was additionally one of many sharks in Shark Tank India has invested in 11 Indian startups final year. Last year he had participated in Express Stores’ seed spherical of funding together with Venture Highway, Kunal Bahl, Rohit Bansal amongst others. Other notable investments by Mittal included Gobbly, and GoKwik’s $15 Mn Series A spherical.

7. Binny Bansal

Cofounder of Flipkart, which is arguably probably the most valued Indian startup at $36 Bn, Binny Bansal has been actively investing in startups as an angel investor.Flipkart was acquired by Walmart in May of 2018. Bansal exited the company in November of the identical year. In December of 2018, he launched xto10x, a SaaS consultancy startup with former eKart executives Saikiran Krishnamurthy and Neeraj Aggarwal.

Last year, he invested in 12 startups. Some of his current investments embody — edtech startup PlanetSpark, Skill-Lync and fintech startup Rupifi.

8. Deep Kalra

Founder of NASDAQ-listed MakeMyTrip, Deep Kalra lately moved to a mentorship position after founding the net ticketing platform 21 years in the past. An IIM Ahmedabad alumni,

Kalra invested in 8 startups final year together with — Exotel, eka.care, and PlanetSpark final year.

9. Deepinder Goyal

The Zomato founder has been investing in startups for fairly a while now. Goyal, who as soon as labored for Bain & Company, has invested in healthtech startup Pristyn Care, HRtech startup Multiplier, and B2B ecommerce startup Geniemode, amongst others final year.

Overall, he has invested in about 15 startups up to now. Some of his notable investments embody Unacademy, Bira91, and Animall.

10. Gaurav Munjal

Founder and CEO of the nation’s second most valued edtech startup Unacademy – Gaurav Munjal has doled out 11 cheques from his personal capability principally within the edtech and healthtech sectors.

While Unacademy has been on an acquisition spree, Munjal has participated in Pre-Series A of edtech startup AdmitKard, celebrity-learning startup FrontRow’s $14 Mn Series A spherical and healthtech startup eka.care, amongst different startups.

11. Girish Mathrubootham

Cofounder of now NASDAQ-listed SaaS startup Freshworks, Mathrubootham invested in edtech startup Newton School, SaaS-based startup OSlash, and a tech-enabled gross sales enablement platform GTM Buddy. Over the years, Mathrubootham has backed greater than 35 startups.

Started from Chennai, now headquartered in NY, Freshworks went to lift $1 Bn from the general public market at a $10 Bn valuation, creating 500 millionaires.

12. Harshil Mathur

Founder of what could be thought of as probably the most valued fintech startup – Razorpay, Harshil has been within the information for investing in new age startups. An IIT Roorkee alumni, Mathur began Razorpay together with Shashank Kumar in 2014. Initially launched as a fee gateway, Razorpay now has branched its operations in a number of verticals, making it one of many largest fintech startups within the nation. Last year, Razorpay raised funding at a valuation of $7.5 Bn, inching nearer to a decacorn valuation.

So far Mathur has invested in B2B cross-border buying and selling platform GlobalHonest, edtech startup Newton School, and assisted ecommerce startup OneCode.

13. Jitendra Gupta

Jitendra Gupta is the founding father of neobanking startup Jupiter. Gupta who began as a regional gross sales supervisor in ICICI Bank in early 2004, understood the fintech alternative that remained. In 2010, he based Citrus Payment Solutions, which was later acquired by the worldwide fintech big PayU in 2016 for $130 Mn. After working two years because the managing director of PayU, Gupta launched his second enterprise Jupiter, which has already raised funding from Tiger Global, Sequoia, and Matrix. He has been actively investing in startups for a few years and has already invested in 40+ startups.

Last year, he invested in round 13 startups in his personal capability. Some of his investments included – Lets Hash, a D2C tobacco model, healthtech startup Meddo Health, and Hypto, a tech infrastructure platform.

14. Kunal Shah

Kunal Shah, the founding father of fintech unicorn CRED will not be an unknown identify in terms of the Indian startup ecosystem. He has handed out probably the most variety of cheques as an angel investor in 2021. Shah, who had refused to be a shark within the well-liked Shark Tank India present has participated in 62 startup funding offers as an angel investor in 2021. Overall, his whole investments in startups stands at 150.

CRED entered the unicorn membership final year and doubled the valuation later within the year with extra funding. However, he has not restricted himself to at least one sector. His personal portfolio consists of startups from fintech, ecommerce, SaaS, amongst others. A couple of notable offers of Shah within the final year, embody: Niro, a lendingtech startup; assisted ecommerce startup – OneCode, and healthcare startup Onsurity.

15 & 16. Kunal Bahl & Rohit Bansal

Founders of the IPO-bound ecommerce main Snapdeal, Kunal Bahl and Rohit Bansal have been outstanding angel buyers for a while. Both the cofounders with their household office Titan Capital has invested in over 91 startups in 2021. Some of the notable investments of the duo from final year included development startup Powerplay, edtech startup Questt, and transport market startup Vahak.

17. Miten Sampat

Now constructing CRED with founder Kunal Shah, Sampat had initially began his career as an intern in Reliance Communications. He is well-known for his position as chief technique officer in Times Internet the place he helped Times Internet develop by means of funding, acquisitions and strategic partnerships. Sampat has been an energetic angel investor since 2012 and has backed 14 startups. Last year he invested in OneCode, Onsurity, RAAHO, amongst others.

18. Rajesh Sawhney

Rajesh Sawhney who’s the founding father of GSF Accelerator, a startup accelerator programme, is an trade veteran. Board member of IndiaMART and IPO-bound ixigo, Sawhney is thought for his apt investments. His investments from final year included fintech startup Paisagrowth, edtech startup NxtWave, and a house development market Kolo. Over the years, Sawhney has been an energetic angel investor in Indian startups, and has backed over 100 startups.

19. Ramakant Sharma

Founder lately minted unicorn Livspace, Ramakant Sharma was probably the most outstanding angel buyers in 2021. In 2012, Sharma based Zing Ecommerce that operated VioletBag, an internet portal for all cosmetics wants, after quitting his job as VP in engineering within the vogue ecommerce portal Myntra. Sharma later went on to change into an working accomplice within the Singapore-based Jungle Ventures. He stop the VC agency two years after becoming a member of in 2013.

Sharma’s portfolio consists of some thrilling names corresponding to crypto trade platform and now turned unicorn CoinSwitch Kuber, fintech unicorn slice, digital occasion supervisor Airmeet amongst others. He has invested in 50+ startups up to now.

20. Revant Bhate

Revant Bhate, cofounder and CEO of Mosaic Wellness, a well being and wellness startup, has participated within the funding of about 15 startups as an angel investor. Bhate who began his career as a supervisor in Yes Bank over a decade in the past, labored with cloud kitchen startup, now turned unicorn Rebel Foods for 5 years. He was additionally a accomplice at Kstart Capital. Bhate in his personal capability had invested in D2C manufacturers like The Souled Store, Ultrahuman, and Wasabi final year.

21. Ritesh Agarwal

Probably one of many youngest billionaires within the nation, Ritesh Agarwal’s hospitality unicorn OYO is heading for an INR 8,430 Cr IPO and has already acquired in-principle nod from NSE and BSE. He has additionally been investing in startups. Agarwal by means of his household office, Aroa Ventures which is dealt with by Gaurav Gulati, invested in round 35 startups in 2021. As per estimates, the entire funding can be value $10 Mn. Some of his investments of final year included retail tech startup Dukaan, Zomato-backed magicpin, and B2B gross sales productiveness startup Nektar.ai.

22. Ritesh Malik

Dr Ritesh Malik who is taken into account as a mentor by many founders within the ecosystem, has in his personal capability signed 20 offers final year. After learning Management of Innovation & Technology from Harvard, Malik based Guerilla Ventures, an angel fund in 2013. Guerilla Ventures through the years had invested in startups throughout sectors together with healthcare, enterprisetech, amongst others.

Malik can also be the founding father of Y Combinator-backed coworking startup Innov8. Malik bought his startup for INR 220 Cr in an all-cash deal to IPO-bound hospitality unicorn OYO in 2019.  Some of his investments from the final year included insurtech startup Bimaplan, and Indore-based Supersourcing.

23. Rohit Kapoor

Rohit Kapoor who’s the CEO of OYO’s India and South East Region had invested in throughout ten startups final year. Gurugram-based healthtech startup HexaHealth, edtech startup Leverage Edu, and D2C model The Souled Store acquired funding from Kapoor final year. Kapoor who has been investing since 2016 has through the years invested in over 20 startups at his personal capability.

24. Sahil Barua

Founder of IPO-bound Delhivery, Sahil Barua has lately been fairly busy doling out cheques from his personal pocket. Barua who began his career as a marketing consultant in Bain & Company as per his Linkedin profile, began logistics startup Delhivery with Kapil Bharati, Bhavesh Manglani, Mohit Tandon, and Suraj Saharan in 2011. A couple of of Barua’s investments in 2021 included music licensing market Hoopr and D2C sneaker model Flatheads amongst others.

25. Shanti Mohan

Serial entrepreneur and angel investor Shanti Mohan, is the founding father of early-stage funding agency LetsVenture began her entrepreneurial journey in early-2000s because the cofounder of Ionic Microsystems, a technology company in Bengaluru that raised a Series A spherical.

After her exit from the company, she labored for HP in India and the US. As an angel investor, she has revamped 14 investments in 2021 together with Jar, Goat manufacturers, Giva, Spottabl, Junio, Animall, Bimaplan to call a number of.

26. Shashank Kumar

Razorpay cofounder and an IIT Roorkee alumni, Shashank Kumar participated in funding rounds of 6 startups in 2021. Some of his investments embody Bikry app, edtech startup Codingal, and healthtech startup eka.care.

27. Sujeet Kumar

Cofounder of IPO-bound B2B ecommerce big Udaan, Sujeet Kumar has participated in funding rounds of 13 startups in 2021. An IIT Delhi alumni and former Flipkart worker, his investments in 2021 embody OckyPocky, edtech startup, Qapita, Mumbai-based fairness administration platform, and a well being meals D2C model The Whole Truth, the place he participated in its $6 Mn Series A spherical.

Over the years, Kumar has backed 30+ startups.

28. Utsav Somani

Utsav Somani who began his career as an intern for HCL Technologies in 2009, grew to become a member of Mumbai Angels in 2014. He began his angel funding career in the identical year and in addition joined the favored Indian Angels Network to additional improve his portfolio. However, later he left each the angel funding networks, however continued to stay a member of AngelRecord, which he joined in 2016. He made investments in startups together with: Pristyn Care, which grew to become a unicorn final year; BharatPe, CoinDCX, and Jupiter, amongst others.

29. Varun Alagh

Varun Alagh is the cofounder of D2C model Mamaearth. Alagh who has spent nearly a decade in main FMCG firms corresponding to Hindustan Unilever, Coca-Cola, and Diageo, had seen the necessity for a new-age cosmetics D2C model within the nation. Mamaearth which he had cofounded along with his spouse Ghazal Alagh grew to become a unicorn in 2021. Though Alagh’s skilled life has all the time been related to FMCG manufacturers, his portfolio will not be restricted to D2C manufacturers. He has invested in over 40 startups in 2021 together with Cuvette Tech, BeepKart, Shiprocket, amongst others.

30. Vidit Aatrey

Vidit Aatrey, who’s spearheading the social commerce sector within the nation along with his now turned unicorn startup Meesho, can also be one of many energetic angel buyers within the nation. Starting his entrepreneurial journey with Pledge, a categorised platform for the underprivileged, Aatrey later labored for the nation’s first unicorn InMobi for a year between 2014 and 2015. He launched Meesho in 2015.

Some of his notable investments final year included: edtech startup’s Yellow Class’s Series A spherical, AppsForBharat’s $10 Mn Series A spherical, and transport market platform Vahak.

31. Vijay Shekhar Sharma

Publicly listed Paytm’s founder Vijay Shekhar Sharma has been within the startup space since 2002. He has been investing in startups since a very long time as reported by mainstream media. Last year, Sharma included VSS Investco and VSS Holdings as an funding car to put money into firms. Inc42 final year solely reported that Sharma, together with Farhan and Zoya Akhtar invested in Ola Electric. Overall, he has backed 70+ startups.

Few of Sharma’s well-liked investments embody Reliance and Tata backed healthtech platform Karkinos, courting app Truly Madly, edtech unicorn Unacademy.

The present listing solely consists of the angel buyers who participated in additional than 3 offers in 2021. The deal counts solely embody publically disclosed offers. 

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