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List of Top 25+ Angel Investors in the Indian Startup Ecosystem

October 19, 2022
HRMS
List of Top 25 Angel Investors in the Indian Startup Ecosystem
  • CRED founder Kunal Shah was the busiest angel in the startup ecosystem in 2021, giving out 62 cheques.
  • Two of the angel investors and former co-workers Jitendra Gupta and Amrish Rau launched White Venture capital to fund fintech startups.
  • Unicorn founders Sujeet Kumar, Vidit Aatrey, Gaurav Munjal, Varun Alagh, and Sahil Barua were a few of the active Angel Investors in 2021.
  • One piece of advice from some of India’s most active angel investors for aspiring and inexperienced investors is to tune out the noise and be prepared for the appropriate deals.
  • The number of seed deals in H1 2022 exceeded the total number of growth-stage and late-stage deals.

For Indian startups, 2021 was actually a banner year. In addition to several startups transitioning from private to public markets and generating capital through initial public offerings (IPOs), 42 Indian startups joined the unicorn club this year.

More than 950 angel and individual investors took part in the startup investment, according to Inc42 data. Nevertheless, a lot of them took part in fewer than three trades.

Angel Investors

For the benefit of our readers, we have compiled a list of the Top 25+ angel investors in India.

Before that let’s understand angel investors meaning and what they do to help the startup ecosystem. 

What are Angel Investors?

Angel Investors meaning – Angel Investors are wealthy private investors focusing on financing small business ventures in exchange for equity. Unlike the venture capital firm that uses an investment fund, angel investors use their own net worth.

They firmly believe in the startup’s founding team and the intended product. Angel investors can be independent professionals like entrepreneurs, doctors, and lawyers. Typically, they are ecstatic and pleased about aspiring business people who are developing a product that may alter the way a certain industry or sector functions.

Finally, they are risk-takers that want little to no control in exchange for specific investments in the company.

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25 Top Angel Investors In India

1) Abhishek Rungta

Abhishek Rungta

Abhishek Rungta – A manufacturer, software engineer, visionary, marketing expert, angel investor, and founder and CEO of Indus Net Technologies, became an entrepreneur in his teens. He founded Indus Net Technologies in 1997. He enjoys reading a lot and has the author’s rights. After a successful 3-year period as a partner at Feedback Ventures, he made the decision to follow his heart, which propelled him to become an entrepreneur on the angel’s list.

Angel Investors India of Startups – Eduora, iimjobs, iDubba, Plivo, Shopo.in, Azoi Inc., Letsventure, Secpanel, CapricornGifting, and CarSingh.

Prominent Investment Areas – AI and Ml, Business support services, Commerce and Shopping, Fintech, Media and Entertainment, Software, Sports, and more.  

2) Ajay Lavakare

Ajay Lavakare

Ajay Lavakre is an Angel Investor from Delhi. He is a Board of Directors and investor of SmartVizX and PropheSee. He studied structural engineering at Stanford University.

Angel Investments in India of Startups – InnovAccer

Prominent Investment Areas – AI and Ml, Commerce and Shopping, Media and Entertainment, Software, Community and Lifestyle, Hardware and Technology, Video, and more.

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3) Ajeet Khurana

Ajeet Khurana

Ajeet Khurana is a leading name in the industry of cryptocurrency industry. He is the former head of the Blockchain and Cryptocurrency committee which is India’s foremost industry body for cryptocurrency. He began as the CEO of Zebpay. For more than two decades, he has worked as a business consultant and served as the CEO of the Society for Innovation and Entrepreneurship. Being an active angel investor India, he has invested in more than 20 startups.

Angel Investments in India of Startups – Leaf Wearables, Raincan, Stitchwood, and Medd.

Prominent Investment Areas – Adtech, Agritech and Framing, Business Support Services, Clothing and Apparel, Commerce and Shopping, Community and Lifestyle, Consumer Electronics, Consumer Products, and more.

4) Aloke Bajpai

Aloke Bajpai

Aloke Bajpai is a CoFounder and CEO of ixigo.coms and CEO and CoFounder of Travenues. He graduated from IIT Kanpur in 2001 and began his career in Amadeus in Europe. There he held key product and technology roles, building and managing large-scale web-based products and networks for four years.

Angel Investments in India of Startups – MealHopper, AppVirality Inc, OnlineTyari, ZAPR, and sourceeasy.

Prominent Investment Areas – AI and Ml, Adtech, Clothing and Apparel, Commerce and Shopping, Consumer Electronics, Edu-tech, Fintech, Food and Beverage, Hardware and Technology, Internet Services, and more.  

5) Chandigarh Angels Network

Chandigarh Angels Network

Among the best Angel Investments in India Is Chandigarh Angels Network. They thus make investments in the range of Rs. 10 Lacs to Rs. 2 Crores. But this depends on how big and where the company is in its development when it needs investment. In the entrepreneurial ecosystem, the participants have a wealth of operational experience.

Angel Investors India of Startups –  sumHR, Biryani By Kilo, Glassic, inc42, Kobster, and more.

Prominent Investment Areas – Software, Technology, Food, and more.

6) Amit Somani

Amit Somani

Amita Somani is one of the top angel investors from Bengaluru. Edu-Tech, software, AI, and ML are major investment areas, and the company has invested in businesses like Collpoll & Hiration.

Angel Investors in India of Startups – Qikwell Technologies India, Ixigo.com, HotelTravel.com, Advises Phone Warrior Inc, and MindTickle.

Prominent Investment Areas – AI and Ml, Edutech, and Software. 

7) Anand Chandrasekaran

Anand Chandrasekaran

At Facebook Messenger, Anand serves as the Director of Platform / Product Partnerships. He has over 30 investments and graduated from Stanford University.

Angel Investors in India of Startups – Innov8 Coworking, ToneTag, Fynd, Makkajai, Buttercups, GoldVIP Technology Solutions (Crown-it), Rentongo.com, Aisle, and Splitkart.

Prominent Investment Areas – AI and Ml, Business Support Services, Clothing and Apparel, Commerce and Shopping, Community and Lifestyle, Consumer Electronics, Consumer Products, Content and Publishing, Data Analytics, Health-tech, Internet Services, Information Technology, and more.  

8) Anand Ladsariya

Anand Ladsariya

Anand Ladsariya – The founder of Everest Flavors Ltd. and ex-Chairman of CHEMEXCIL. He is a notable name in the chemical market. Moreover, he has invested in over 35 startups to date. He graduated from Bombay University and has done his Post Graduation (MBA) from IIM Ahmedabad.

Angel Investments in India Of Startups – Oyo Rooms, Morpheus Tritya, Appsdaily, Myntra, Framebench, Aurality, Exclusively.in, Speakwell, Serial Innovation, Dexl, Mobiquest, Uniphore, Traffline, Asiatic, Tonbo Imaging, Algorhythm, and Assured Risk.

Prominent Investment Areas – AI and Ml, Biotech, Business Support Services, Clean-tech, Commerce and Shopping, Media and Entertainment, Software, Community and Lifestyle, Hardware and Technology, Video, Health-tech, and more.  

9) Anil Jain

Anil Jain

Anil Jain, the co-founder of Venture Catalysts, is an expert in both real estate and financial services. He co-founded Wallfort Financial Services Ltd. and Wallfort Properties Ltd. using this information.

Angel Investors India in Startups – Supr Daily

Prominent Investment Areas – Banking and Finance, Real Estate, and more.

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10) Anirudh Damani

Anirudh Damani

Anirudh Damani is the Managing Partner at Artha India Ventures. He completed his bachelor’s degree in Economics and Business Administration from Austin College in 2005. In order to facilitate investments in power projects across all geographic regions and asset classes, including wind, solar, hydro, and bio-electricity, he established a consultancy firm. Anirudh Damani is an active angel investor in over 25 startups. He works for Venture Catalysts as a member of the advisory board.

Angel Investors India of Startups – LenDen Club, ConfirmTKT.com, ShabdaNagari, FindURClass, and JustRide.

Prominent Investment Areas –.  Commerce and Shopping, Community and Lifestyle, Consumer Electronics, Consumer Products, Data and Analytics, Fintech, Hardware and Technology, Game-tech, and more. 

11) Ankur Warikoo

Ankur Warikoo

Ankur Warikoo is an Indian businessman, angel investor, mentor, and public speaker. He established nearbuy.com in 2015 and served as CEO through 2019. Before that, he served as the APAC GM until 2015 and launched the Groupon India company in 2011. He loves to speak in front of groups, and he frequently does so at conferences, businesses, colleges, and schools. His topics of choice tend to include inspiration, leadership, the internet for consumers, and the entrepreneurial spirit. In addition to investing in early-stage software firms, he educates the founders on topics such as product-market fit, hiring and retaining talent, and founder mindset.

Angel Investors in India of Startups – Letsreach.co, Limetray, and Targeting Mantra.

Prominent Investment Areas – AI and Ml, Commerce and Shopping, Edu-tech, Fintech, Information Technology, Community and Lifestyle, Data and Analytics, Messaging and Communication, Professional Services, and more.  

12) Anuj Golecha

Anuj Golecha

Anuj Golecha is an active Angel Investor and is one of the top 10 angel investors in India. He is a CA by qualification. He CoFounded Venture Catalyst – India’s first integrated Incubator.

Angel Investments in India Of Startups – Supr Daily, The Home Salon, Vahanalytics, AbsentiaVR, LenDen Club, DSYH, Inc42, Appsay, Vahanalytics, and  CoutLoot.

Prominent Investment Areas – AI and Ml, Data Analytics, Python, Fintech, Food and Beverage, Health-tech, Mobile, Payments, Real Estate, Transportation and Logistics, and more.

13) Anupam Mittal

Anupam Mittal

Anupam Mittal graduated from Boston University in 1997. He is the Founder and CEO of People Group. He is also the founding member and ex-Chairman of IAMAI (Internet and Mobile Association of India). He has made notable contributions as one of the Top Angel Investors in India.

Angel Investors in India of Startups –  JustRide, Sapience, Druva,  Interactive Avenues, Pretty Secrets, Ola Cabs, and Café Zoe.

Prominent Investment Areas – AI and ML, Adtech, Apps, Business Support Services, Agritech and Farming, Clothing and Apparel, Commerce and Shopping, Game-tech, Hardware and Technology, and more.  

14) Arun Venkatachalam

Arun Venkatachalam

After finishing his undergraduate studies at Lancaster University, Arun pursued his MBA at the London Business School. He was the Murugappa Group’s Head of Strategy & Business Development.

Angel Investors in India of Startups –  ZoomCar, Endless Robotics, ZestMoney, Industry Buying, AdPushup, Boost, Wealthy, AutoLotto, Aureus Analytics,  IndusOS (Firstouch), Posist Technologies, and ZipLoans.

Prominent Investment Areas – Business Support Services, Food and Beverages, Professional Services, Information Technology, and Software.  

15) Bhanu Chopra

Bhanu Chopra

Bhanu Chopra is an Angel Investor from Delhi. He is the Founder and CEO of RateGain, a leader in hospitality and travel technology solutions.

Angel Investments in India Of Startups – Interview Master, Mozio, and HotelsAroundYou.

Prominent Investment Areas – AI and Ml, Commerce and Shopping, Media and Entertainment, Software, Community and Lifestyle, Hardware and Technology, Video, and more.

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16) Bhupen Shah

Bhupen Shah

Bhupen Shah is the CTO and CoFounder of Sling Media Inc., CTO and CSO at Emuzed, and VP of Product and Technology at Real chip Communications Inc. Bhupen Shah finished his studies at the University of Michigan.

Angel Investors in India of Startups – ten3T, GigSky, and Frrole.

Prominent Investment Areas – AI and Ml, Professional Services, Sales and Marketing. 

17) Dheeraj Jain

Dheeraj Jain

Dheeraj Jain has been the most active Angel Investors in India with more than 26 closures alone in 2016. He has been the Managing Director of Redcliffe Capital for 7 years. He is also the co-founder and Board Member of Deyor Rooms. Also, the Co-Founder and serves as Board Member at PeeSafe.

Angel Investments in India Of Startups – Deyor Camps, Mappr, CoHo, Burger Singh, Shipsy, Simpli5d Technologies, Just Ride, Dogspot, Oprahi Wines, QDesk, and Tablehero.

Prominent Investment Areas – AI and Ml, Commerce and Shopping, Community and Lifestyle, Consumer Electronics, Data Analytics, Game-tech, Hardware and Technology, Health-tech, Information Technology, and more.  

18) Dr. Apoorv Sharma

Dr. Apoorv Sharma

Dr. Apoorv Sharma is a Ph.D. in Management, Role of Business Incubators in the Economic Growth of India. He has also pursued a Diploma in Mentoring Startups from the University of California, Berkeley, Haas School of Business. He has established at least 10 incubators and accelerators to date. Some of the Incubators include Somaiya Incubator, JSS TBI (Best Incubator Award, 2005), IAN incubator, and EDII.

Angel Investors in India of Startups – Supr Daily, ConfirmTKT, Beardo.in.

Prominent Investment Areas – AI and Ml, Hardware and Technology, Medical, and more.  

19) Dr. Ritesh Malik

Dr. Ritesh Malik

Dr. Ritesh Malik, by qualification, is a doctor with an MBBS degree at M.G.R medical university. He has also pursued entrepreneurship development and technology management from Harvard University. Also, he is the founder of ThinkPot and Woodapple Hospitality to name a few of his business ventures.

Angel Investors in India of Startups – SectorQube Inc., Harvin Academy, Fin Robotics, Mashinga, and Inc42 Media Labs.

Prominent Investment Areas – AI and ML, Agritech and Farming, Apps, Business Support Services, Internet Services, Hardware and Technology, Information Technology, Manufacturing, and more.  

20) Girish Mathrubootham

Girish Mathrubootham

Girish Mathruboothram is the CEO of a social customer support software – Freshdesk. Before this, Girish was the VP of Product Management at Zoho Corporation.

Angel Investors India of Startups – The Ken, iService, Betaout, Innov8 Coworking, Hubilo Softech, BookEventz, MadRat Games, Qustn Technologies, Zarget, and Frilp.

Prominent Investment Areas –.  Ai and ML, Business Support Services, Clothing and Apparel, Commerce and Shopping, Community and Lifestyle, Real Estate, Transportation and Logistics, and more. 

21) Indus Khaitan

Indus Khaitan

Indust Khaitan is one of the founding partners of The Morpheus, a seed fund and startup incubator. He is the CMO of SirionLabs. He graduated in Computer Science from Birla Institute of Technology.

Angel Investors in India of Startups – Practo, Sarga Eco-Fabrics, Interviewstreet, Phitesla, bounce.io, 99tests, GrexIt, Emo2, sourceeasy, and CirroSecure.

Prominent Investment Areas – AI and Ml, Internet Services, Professional Services, and Software.

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22) Krishnan Ganesh

Krishnan Ganesh

Krishnan Ganesh is the CEO of an online tutor company namely TutorVista. He invented 5 startups in a year with his wife Meena Ganesh.

Angel Investments in India Of Startups – Oximity, Onlineprasad.com, SilverPush, Must See India, delyver.com, Browntape, Overcart, and HackerEarth.

Prominent Investment Areas – AI and Ml, Adtech, Design, Energy, Fintech, Food and Beverage, Commerce and Shopping, Hardware and Technology, Information Technology, Internet Services, and more.  

23) Kunal Bahl

Kunal Bahl

Kunal Bahl serves as Co-Founder and CEO at Snapdeal, Titan Capital, in addition to being an Independent Director at Piramal Enterprises Limited.

Angel Investors in India of Startups – Supr Daily, Flyrobe, Jugnoo, Bharat Bazaar, Shopsense, Rapido, LetsVenture,  Bira, and Indus OS.

Prominent Investment Areas – AI and Ml, Agritech and Framing, Business Support Services, Clean-tech, Commerce and Shopping, Clothing and Apparel, Data and Analytics, Design, and more.  

24) Kunal Shah

Kunal Shah

Kunal Shah is an entrepreneur, active angel investor, mentor, advisor, and renowned person in the Indian Startup Ecosystem. He is the founder of CRED and Freecharge, a unicorn Fintech startup from India, and is a founder of many other organizations. He is an angel investor who has invested in more than 150 startups across India in varied industries.

Angel Investors India of Startups – Unacademy, ShaadiSaga, Bharat Bazaar, GoldVIP Technology Solutions (Crown-it), Pocket Aces, Remitware Payments, and DailyNinja.

Prominent Investment Areas – AI and Ml, Commerce and Shopping, Media and Entertainment, Software, Community and Lifestyle, Hardware and Technology, Video, Travel and Tourism, Sports, Content and Publishing, Consumer Services, and more.  

25) Manish Singhal

Manish Singhal

Manish Singhal is the Co-Founder and CEO of LetsVenture as well as the Founder Partner of pi Ventures.

Angel Investments in India Of Startups – DropKaffe, Freshersworld, Apartment Adda, AdPushup, FlipClass, and AdSpark.

Prominent Investment Areas – AI and Ml, Sales and Marketing, Science and Engineering, and Manufacturing. 

26) Meena Ganesh

Meena Ganesh

Meena Ganesh is CEO and Managing Director at Portea Medical, CEO at Edurite Technologies, CEO, of HSC at Tesco, and Co-founder/COO at CustomerAsset. She is CEO of Portea Medical, India’s largest and fastest-growing home healthcare company, which she co-founded in July 2013. With 1700+ employees and operations across 20+ cities, Portea (www.portea.com) brings, in-home to patients, the full range of geriatric, chronic, and post-operative care as well as allied healthcare services.

Angel Investors in India of Startups – Oximity, Onlineprasad.com, SilverPush, Must See India, delyver.com, Browntape, Overcart, and HackerEarth.

Prominent Investment Areas – Clothing and Apparel, Commerce and Shopping, Community and Lifestyle, Consumer Electronics, Hardware and Technology, and Sales and Marketing.

27) Aman Gupta

Aman Gupta

Aman Gupta is the CoFounder and CMO of BoAT. He holds a Bachelor of Commerce Degree from Delhi University, a Chartered Accountant from the Institute of Chartered Accountants of India, and an MBA degree from the Indian School of Business. Other experiences of Aman Gupta include being the Chairman of the D2C council of the Internet and Mobile Association of India, Director of Sales at HARMAN International, CEO, and CoFounder of Advanced Telemedia Pvt. Ltd., and a lot more.

Angel Investors in India of Startups – ALTOR, 10Club, Charge-Up, Revamp Moto, Shiprocket, and more.

Prominent Investment Areas – AI and ML, Clean-tech, Clothing and Apparel, Commerce and Shopping, Community and Lifestyle, Consumer Products, Consumer Services, Hardware and Technology, Health-tech, and Food and Beverages.

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28) Namita Thapar

Namita Thapar

Namita Thapar is an Angel Investor from Pune. She is the CFO of Emcure Pharmaceuticals, pursued her bachelor’s from Savitribai Phule Pune University, and Post Graduation from Duke University USA.

Angel Investments in India of Startups: Tagz Foods, Bummer, Skippi Ice Pops, and The Renal Project.

Prominent Investment Areas: Edtech, Food and Beverages, Food and Beverages Manufacturing, Health Diagnostics, Home Dialysis Services, Kidney Care, Online Learning, and Virtual School.

29) Ashneer Grover

Ashneer Grover

Indian entrepreneur and angel investor Ashneer Grover works in both fields. He co-founded the Indian fintech business BharatPe in 2018 and served as a judge for Shark Tank India’s inaugural season. He graduated from IIT Delhi with a B. Tech in civil engineering and also completed an MBA at IIM Ahmedabad. Before founding his own business, Bharat Pe, he worked for various well-known corporations, including Kotak Investment Bank, Grofers, PC Jeweller Ltd., and American Express. He has made roughly 55 investments in various firms, and he is an active investor. He has made investments in numerous start-ups, including those in the auto, health, and fintech sectors.

Angel Investments in India of Startups: Aas Vidyalaya – Anytime Anywhere School, EasyRewardz, Freedom, Raising Superstars, and Revamp Moto.

Prominent Investment Areas: Clothing and Apparel, Community and Lifestyle, Edu-tech, Energy, Fintech, Food and Beverage, Hardware and Technology, Health-tech, Sales and Marketing, Information Technology, Software, and Internet Services.

30) Vineeta Singh

Vineeta Singh

Vineeta Singh is the CoFounder and CEO of SUGAR Cosmetics. She completed her Electrical Engineering from IIT Madras and pursued her Business Studies at IIM Ahmedabad. She received the Star Retailer award in 2007. She also received the Retail Startup of the year by Entrepreneur’s award in 2019. Also, she is known to be one of the leading women entrepreneurs.

Angel Investments in India of Startups: Humpy Farms, Vaaree, Get-a-whey, Skippi Ice pops, Josh Talks, and Cosiq.

Prominent Investment Areas: Agritech and Farming, Clean-tech, Commerce and Shopping, Commerce and Shopping, Food and Beverage, Health-tech, Manufacturing, Media and Entertainment, Mobile, Professional Services, and Cosmetics and Personal Care.

31) Peyush Bansal

Peyush Bansal

Peyush Bansal is an Angel Investor from Delhi. He is the COFounder, Chief Executive and people Officer at lenskart.com, CoFounder of Lenskart Vision Fund, Lenskart Plus, John Jacobs, Aqualens, and Lenskart Foundation. He pursued his bachelor’s from McGill University, Canada, and a Master’s from IIM Bangalore.

Angel Investments in India of Startups: Humpy Farms, Shiprocket, IndMoney, ThinkerBell Labs, Revamp Moto, Mojo Care, Smiles.ai, and Infeedo.

Prominent Investment Areas: AI and ML, Agritech and Farming, Clean-tech, Clothing and Apparel, Commerce and Shopping, Community and Lifestyle, Consumer Products, Data and Analytics, Edu-tech, Energy, Fin-tech, Information Technology, and Media and Entertainment.

Conclusion

From less than 50 Angel Investors a decade back, the list of Angel Investors India has grown tremendously in the Indian Startup Ecosystem.

The possibilities are endless if you have a concept that can improve people’s lives, offer value, and join human ecology. Find your USP, craft a stellar pitch, then seek out your angel!

If you are a startup looking to simplify the entire HR process, book a demo with UBS HR Software.

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FAQs

Who is India's biggest angel investor?

From Kunal Shah to Anupam Mittal, there are a lot of Angel Investors India. Look at the list of Top Angel Investors in India in the blog above.

How can I meet angel investors in India?

The founders themselves have a significant influence on the process of reaching out to angel investors. When it comes to organizations like the India Angel Network, startup founders can reach out to specific members with their ideas or apply to give an elevator pitch. Entrepreneurs are given 10 minutes to make a 5-7 slide presentation following multiple rounds of iteration by the secretariat. If chosen, they will be contacted for an in-person interview.

How many angel investors are there in India?

The list of angel investors in India is endless and it still continues to grow as people are more inclined to contributing towards the Indian Startup Ecosystem. The above blog has a list of 25+ top Angel Investors in India.

Alpesh Vaghasiya

Alpesh Vaghasiya

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