Angel investors have helped India’s startup ecosystem grow rapidly. High-net-worth angel investors fund and advise early-stage firms in exchange for stock. Startups’ earliest investors shape their direction. Angel investors in India have helped start and grow startups. In this post, We’ll talk about the Top 25 Most Active Angel Investors in India’s Startup Ecosystem.
Startups require a steady flow of funds to establish themselves, beyond just having a promising business idea and a well-crafted growth plan. However, obtaining sufficient funding for a startup can be challenging, as personal savings and crowdfunding can only provide a temporary solution. Angel Investors can help entrepreneurs secure external funding to innovate and expand their businesses. With their extensive business expertise and broad professional network, Angel Investors are financial experts who can provide the necessary growth capital to help cash-strapped startups in India establish themselves globally.
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These Angel Investors have valuable hands-on experience and exceptional business skills in various sectors, including Health-tech, Edu-tech, and Fin-tech, among others. They offer funds and expertise to help startups take their first steps in the business world. Review their profiles to learn about their funding capabilities, investment structure, preferred industries, and existing portfolios, and connect with them to be the “next billion.”
List of Angel Investors in India
Explore some of the top angel investors in India from multiple cities Ahmedabad, Jaipur, Pune, Chennai, Bangalore, Bihar, Kolkata, Odisha, etc. Here is the list of the top angel investors in India.
1. Kunal Shah
Kunal Shah, who started CRED, has put money into dozens of companies so far. In 2022 alone, he invested more than 50 startups, such as Driffle, EekiFoods, and OSlash. In 2021, Shah backed 62 startups, bringing his total investments to $200.
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Among his notable investments are Zilingo, Toplyne, RazorPay, Leap, and MensaBrands. Additionally, he has already exited from 11 startups, such as Avail Finance (acquired by Ola), Flyrobe (acquired by Rent It Bae), and DailyNinja (acquired by BigBasket).
2. Ashneer Grover
Ashneer Grover, the co-founder of BharatPe, invested in five firms in 2022, including Big Bang Food Tech, Freadom, and Get-A-Whey, bringing his portfolio to 22. The Whole Truth, Rupifi, YAP, Fello, India Gold, and Kredmint among his other ventures.
Grover, Shashvat Nakrani, and Bhavik Koladiya founded BharatPe, India’s most popular payment app, in 2018. Grover’s BharatPe scandal has also made headlines. He judged Shark Tank India’s prior season.
Grover graduated from IIT Delhi with a B.Tech in civil engineering. He was one of six IIT Delhi students chosen to study at the University of INSA Lyon in France, where he won an Rs. 5 lakh scholarship from the French Embassy. He earned an MBA in Finance from the Indian Institute of Management Ahmedabad in 2004.
Grover joined Mumbai-based Kotak Investment Banking as Vice President in 2006. He was American Express Director for two years in 2013. Grofers hired him as CFO in 2015. As Business Head at PC Jewellery, he came up with BharatPe.
Here is the list of the Startups funded by Ashneer Grover.
3. Anupam Mittal
Anupam Mittal is a Founder and CEO at People Group and Product Manager at MicroStrategy. He started his entrepreneurial journey by establishing People Group, a dynamic New Media & Entertainment group, which includes businesses like Shaadi.com, Makaan.com, Mauj Mobile, and People Pictures. Anumapl is one of the famous angel investors in India, due to becoming a shark in Shark Tank India. He is invested in more than 250 companies, some of his notable investments are Ola Cabs, Pretty Secrets, Cafe Zoe, TaxSpanner, Peel Works, Fab Hotels, Ketto, Prop Tiger, BigBasket, FarEye, and Lets Venture.
Here is the list of the Startups Funded by Anupam Mittal.
4. Nithin Kamath
The founder of Zerodha, Nithin Kamath, is an active angel investor. He supported five Indian businesses in 2022, including AssetPlus, GalaxEye, and Kalvi. Up to now, Nithin has provided financial support to 14 businesses, among them Even, Climes, Licious, Stoa School, and The Whole Truth. Nithin had held positions with Manipal Infocom and Kamath Associates before founding Zerodha. He currently holds the position of CEO at Rainmatter.
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Nithin Kamath’s quest began when, at the age of 17, he began trading stocks after learning about the markets from his friends. By the time he finished earning his engineering degree from the Bangalore Institute of Technology, he had amassed a sizeable sum of money after beginning with penny stocks. But when the markets plummeted between 2001 and 2002, he lost every penny of his winnings, totaling Rs 5 lakh. Unfazed, he continued to trade stocks to replenish his trading account while working a night job at a contact centre. This went on for a few years until he met a wealthy American who trusted him with looking after his finances. Nithin finally established Kamath & Associates, a brokerage firm, then in 2006 he joined Reliance Money as a sub-broker. Nithin created Zerodha in 2010 during a slump in trading, taking one of his largest risks to date.
5. Sujeet Kumar
Sujeet Kumar with the help of Vaibhav Gupta and Amod Malviya founded Udaan in 2016. They both are former senior executives at Flipkart. Sujeet held the position of President of Operations at Flipkart, where he played a crucial role in operations, supply chain, and logistics, which contributed significantly to Flipkart’s sales, accounting for more than half of the company’s revenue. He invested in more than 89 startups, some of his notable investments are Unacademy, Furnishka, EKA care, Vokal, Questbook, Turnip,