Mumbai Angels Company Profile and Investment Portfolio

Headquartered in Mumbai, Mumbai Angels is India's leading private investment platform for early-stage ventures. It is a part of 360 ONE (formerly known as IIFL Wealth & Asset Management); it is one of the leading wealth and alternates-focused asset firms in India.

Mumbai Angels Investments and Portfolio Companies

Mumbai Angels has a portfolio of 247 firms, mainly in the enterprise applications and high-tech sectors. Some of its notable investments include Myntra, Purplle, and InMobi. As of March 2025, it has 2 unicorns and has witnessed 32 portfolio exits. Its recent investment was on 11 March 2025, of ₹35 crore in a Series A round in GoSTOPS; other investors also participated in it.

Which sectors do Mumbai angels invest in?

Mumbai Angels is a sector-agnostic investment platform that funds early-stage startups in a wide range of sectors, including technology, consumer, electric vehicles, defense technology,  life sciences, space technology, and hemp seeds.

Recent News of Mumbai Angels

• Tech-based logistics platform CarterX has raised funding from the Mumbai Angels Network.

• Angel investing is going through a major shift, and traditional angel networks are finding it challenging to keep up with the changing landscape.

• In 2021, Mumbai Angel Network invested in more than 60 early-stage startups.

• In 2023, Mumbai Angels Network plans to invest with two new funds.

• Automobile, a car service and repair company, has secured $500,000 in a bridge funding round led by Jay Nagrecha and Sandeep Daga of Mumbai Angels Network, along with support from existing investor NEDFi Venture Capital.

• In 2019, Mumbai Angels Network partnered with strategic Neoleap Accelerator.

• Toch (Vogueme Technologies Pvt Ltd), an AI-powered interactive video platform, has raised funding from Mumbai Angels Network, alongside Hyderabad Angels (HA Network) and some other investors.

• Rev Snack, the company behind the real fruit snacks brand Frubites, has raised an undisclosed amount in funding led by the Mumbai Angels Network and other investors.

• Online beauty and personal care brand Purple has raised its first round of funding from Mumbai Angels and other investors.