Many have been shocked by India’s rapid ascent to the third-largest startup environment worldwide. India’s women’s digital scene has attracted many investors from around the world who lined up to be a part of India’s growth narrative, from just 445 startups at the last day of 2016, to 1 lakh businesses now. However, this is not the tale of multinational venture capital or equity organizations; rather, it is the tale of Angel investors who have contributed significantly to the development and expansion of this ecosystem system.
Indian Angel investors, who are on pace with their International counterparts, have repeatedly shown their mettle, especially when it comes to spotting new and untapped prospects like early-stage expenditures, which many were hesitant about. As funding dried up everywhere, the significance of such angel organisations has particularly increased recently. Early-stage entrepreneurs benefited greatly from the assistance of these networks, which gave them everything they needed, from funding to operational know-how. These investors’ varied backgrounds also provide excellent networking opportunities for business entrepreneurs. Entrepreneurs can use the knowledge of these angel networks, learn about the market, and even collaborate with seasoned investors by interacting with them.
Read also – Best Banks for Startup Loans in India
India presently has more than 125 angel associations and syndicates, claims Inc42. By 2030, this number is anticipated to reach 200 or more. These angel organizations have contributed to more than 470 businesses since 2014 by taking part in over 540 investment rounds. In this blog, we will examine the top ten Angel Investing Platforms in India.
Here is the List of the Top 10 Angel Investing Platforms in India
Established in 2012, it supports early-stage businesses and draws its funding from the US, the UK, Singapore, and the UAE. More than 120 different investors make up Hyderabad Angels. With more than 10 exits that were successful, the Internet has executed more than fifty investments. The network has also collaborated with more than 50 businesses to attract capital for start-ups.
The American Oncology Institute’s Rajesh serves as the network’s chair. On its website, the network states that its goal is to support prospective entrepreneurs in their efforts to provide both concrete and intangible value. BluSmart Mobility, ZineOne, Flexmo, Zepo and OnlinePrasad are just a few of the companies in Hyderabad Angel’s portfolio.
2018 saw the entry of the Silicon Valley-based investment network into India. The network, which was started by Naval Ravnikant, states that it has sponsored more than 500 Indian startups. It most recently took engaged in STAGE’s November 2022 $4.8 Mn Fundraising round.
Read also – Top 10 Fintech Investors in India in 2023
At the time of the debut, AngelList India claimed that one of its goals was to maintain a high standard by only accepting investors who had a significant amount of past investing experience and industry knowledge. Among the notable startups in the portfolio of Angel List India are BharatPe, Deal Share, and Jupiter Money.
Indian Angel Network
Indian Angel Network, founded by Alok Mittal and Padmaja Ruparel in 2006, has led 98 rounds and made 198 investments and achieved 14 exists. The Indian Angel network early-stage fund is registered with SEBI and has over 470 investors from about 11 different nations.
According to the Indian Angel network, it offers constant access to excellent coaching, extensive networks, and advice on both strategy and execution. The network members are interested in funding companies in a variety of sectors including semiconductors, agribusiness, e-commerce, education, and gaming.
The Calcutta Angels network, founded in 2013 by Kumar Patodia, Pradyumna Dalmia, and Raghav Kanoria, now includes 17 firms in its portfolio. They make investments regardless of stage or industry. The network has supported a number of well known firms such as MCaffeine and Tabsquare, etc.
It partnered with the Mumbai Angels in 2018, so they could operate as one cohesive team. This collaboration is to provide investment best practices, opportunities for learning, proactive portfolio administration, etc.
Shanti Mohan and Sanjay Jha founded the network in 2013 and it claims to have completed over 950 transactions totaling more than $11 billion. There are 19 1950 contributors to the Let’s Venture network. In order to invest in early-stage entrepreneurs, Let’s Venture and the Indian Ministry of Electronics and Information Technology worked together last year.
It was announced that the Let’s Venture Foundation would fund up to $100,000 in firms as part of the government’s SAMRIDH startup accelerator program. Its portfolio includes a number of well-known businesses such as BharatX, Dukan, absolute foods, and vernacular.ai.
The network, founded by Sushanto Mitra in 2013, has been in India for 10-400 Angel financers from different backgrounds, both in India and outside are involved. The network is listed as a category-I AIF with SEBI. It has so far led 19 rounds and made 80 investments. The most significant departures from Lead Angel include Planet Superheroes and Belia.
Experienced business owners, experts, and business veterans make up its member investor base. Lead Angels have operations outside of India in the Middle East, Europe, and North America. Startups including Shopkirana, Supr Daily, etc. have received funding from the network.
Mumbai Angel Network
The Mumbai Angel network professes to have made almost 200 profitable investments with its 750 investors. The network has experienced over 100 existences. Mumbai Angel network’s investors in 10 countries have invested INR 400 crore in Indian businesses since the company was founded in 2006 by Prashant Choksey and Praveen Chakravarthy.
Data from the network’s website indicates that startups in the fields of Technology, business, and life sciences account for 14%, 10%, and 8% network of its portfolio.
The Chennai Angels, founded by Rama Raj R in 2007, concentrate on EVs, deep science and Technology, and health tech. The network says it has supported over 80 startups in India to date. The network has supported numerous startups, including Chai Kings, Battery Pool, Cloud Cherry and online Prasad have all successfully excited to the Chennai angels.
There are more than 120 individual, institutional, and business Angel investors in the Angel network. These networks’ members come from several industries. It has also collaborated with other Angel networks in India, including the Chandigarh Angels network, Let’s Venture, and the Indian Angel network.
Venture Catalysts, a company founded in 2016 by Anil Jain, Anuj Golecha, and Apoorva Ranjan Sharma, has made investments in 176 businesses and a total of more than $3 billion.
When a basic home loan earned $4.7 million in a free series B Westmont led by institutional investor Ashish Kacholia, it made its most recent investment. AgriGator, Airmeet, Ai Highway, Brew House, and desi farms are just a few of the brands in its portfolio.
Ah ! Ventures
Abhijeet Kumar and Harshad Lahoti founded this network in 2012, and it now has a network of more than 62 thousand entrepreneurs and over 3000 funders. It asserts that as of today, 183 investments have been made in 121 businesses. With 16 existing today, the overall number of holdings in investment is $47 million.
The network, which is situated in Mumbai, enables entrepreneurs to finance up to $10 million. Recent investments include Starya Mobility and EV Startup. Ah! Venture asserts to be an expert in a variety of venture-related fields including Venture consultancy, venture management and operations etc. Startups including Shrisha Labs, Ufaber, and Newsbytes are among those in the Angel networks portfolio.
To sum up, the Indian Angel investment industry has undergone a tremendous transition, and the advent of elite angel investing platforms has been a key factor in this development. These platforms have acted as a conduit between forward-thinking entrepreneurs and investors, generating a dynamic entrepreneur ecosystem.
Read also – Top 10 Best Internship Websites In India in 2023
This was our selection of the Top 10 Angel Investing Platforms in India. We hope this is useful to you. The order of this list is random.
Frequently Asked Questions (FAQs)
Who are angel investors?
Angel investors are basically wealthy private investors who are focused on financing small business startups in exchange for equity in their company.
Do Angel investors get paid?
Yes, they get paid through a return on their investments in the companies in which they have invested in.
Name some popular Angel investing platforms.
Some popular Angel investing platforms include Ah! Ventures, Venture Catalysts, Mumbai Angel Network, etc.
Which are the Top 10 Angel Investing Platforms in India?
Hyderabad Angels, Angellist India, Indian Angel Network, Calcutta Angels, Let’s Venture, Lead Angels, Mumbai Angel Network, Chennai Angels, Venture Catalysts, Ah! Ventures are the Top 10 Angel Investing Platforms in India.