An Angel investment platform is a group of angel investors who participate in investing together, operating more efficiently, and providing mutual support.
To get funding startups use multiple options such as they reach out to angel investors, venture capitalists, crowdfunding platforms, banks & etc. But in which Angel investors played a very important role among startups. They are like angels who invest in early-stage startups when the chance of failure is high. Today, we will see some top angel investors’ platform 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 Startups in India.
Top 13 Angel Investing Platforms in India
Here is the List of the Best Angel Investing Platforms in India
1. Jito Angel Network
Mumbai-based Jito Angel Network was founded in 2017 by Siddharth Jain, it is a part of Jito Incubation and Innovation Foundation (JIIF). It has a network of more than 650 investors. They have invested in more than 95 companies. Their mission is to build an innovation-driven entrepreneurial ecosystem aimed at fostering socio-economic development and the creation of outstanding companies.
Some notable startups in its portfolio are Chalo, BluSmart Mobility, Magenta Mobility, Bodhi AI, Comofi Medtech, Chargegrid, etc.
2. Hyderabad Angels
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.
Read also – Startup Funding in India: Types, How it Works, Pros & Cons
3. Angellist India
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.
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.
Read also – Top Fintech Investors in India 2024
4. 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.
Read also – Top Venture Capital Firms in Indian Startup Ecosystem 2024
5. Dexter Angels
Founded in 2019 by Devendra Agrawal Dexter Angels is one of the best angel investor platforms in India, they offer financial support to early-stage startups. Notably, the network adopts an exclusive approach, remaining open-minded sectors to support. They have a network of more than 35 investors some are founders and some are industry experts. They invest in multiple sectors including health tech, tech, deep tech, consumer brands, etc. Some notable startups in their portfolio are TagZ, Flatheads, HealthySure, and Hair Originals.
6. Calcutta Angels
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.
Read also – Top Active Angel Investors in India’s Startup Ecosystem
7. Let’s Venture
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.
Read also – Best Startup Business Grants Around the World
8. Chandigarh Angels Network
Founded by Alok Ramsisaria in 2015, it has more than 85 investors on board. According to Chandigarh Angels Network (CAN) they have created more than 1,500 jobs through their portfolo startup. It is one of the best platforms for a network of angel investors. They invested in multiple sectors including F&B, education, fintech, consumer internet, social services, retail, etc. Some notable investors are Biryani By Kilo, Pick My Work, goSTOPS, TSaw Drones, and Heal At Home.
9. Lead Angels
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.
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10. 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.
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11. Chennai Angels
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.
Read also – List of Unicorn Startups in India 2024
12. Venture Catalysts
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.
Read also – Top Profitable Unicorn Startups in India 2024
13. 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.
Read also – Indian Agritech Startups 2024
Conclusion – Angel Investing Platforms in India
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.
This was our selection of the Top 13 Angel Investing Platforms in India. We hope this is useful to you. The order of this list is random.
FAQs – Angel Investing Platforms in India
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 2024?
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.
What is an Angel Investor Platform?
Angel Investor Platform is a platform where early-stage startup owners can connect with investors for funding.
Do these platforms take any types of fees?
They Charge fees from both investors and Startups for using their services.
Are there any eligibility criteria for startups to join these platforms?
Eligibility depends from platform to platform, but the most common thing is your business idea should be a portfolio.
