Top List Of Angel Investors Based In Mumbai

Once the minimum viable product for the startup is developed through Crowdfunding and Seed-Funding managed from different sources, Angel Investors are required for angel funding towards product development, marketing, expand your team to keep up the momentum.

At this stage, Angel Investors comes as a solution in the startup’s ecosystem. Apart from funding the startup, also they help the startups gain success, provide strategic assistance as well as play roles such as advisers.

Based on the investments made and advisory roles played, here is a top list of Angel Investors based in Mumbai-India.

1. Dr. Apoorv Ranjan Sharma

Co-Founder and President of Venture Catalysts, Asia’ first integrated incubator and No. 1 Early Stage Investor in 2017 rated by leading national media. He is also Board Member at TiE Mumbai. Over last two decades; he has curated, incubated & led seed investment of 100+ startups. OYO Rooms is the biggest success story of accelerators in India, followed by Beardo which is a recent acquisition by Marico Ltd. Both the startups were curated, mentored and seed sourced by Dr. Apoorv Sharma.

He invested in Oyo, confirmTKT, Beardo, Supr Daily, consumer tech startup Coutloot, among others.

2. Anupam Mittal

Founder and CEO of People Group, media and entertainment group which owns businesses like Shaadi.com, a matrimony website, mobile content and application company Mauj Mobile and People Pictures.

Some of his marquee investments include Ola, media consumption repository ZAPR, e-commerce solution provider Zepo, DailyNinja, Vebbler, Yumlane, an online marketplace for medical supplies PinkBlue, Trell, co-working space provider myHQ, among many others.

3. Anirudh A. Damani

Managing Director at Artha India Ventures, an early-stage investment firm. He is also an active member of Indian Angel Network, made more than 20 angel investments including OYO Rooms, Exotel, Tala, NowFloats, Purplle, LenDenClub, BabyChakra and others.

His venture Artha India Ventures, a leading early stage investment firm which has invested on 50+ startups from Bangalore to Silicon Beach (LA). In 2013 he setup Artha Energy Resources (www.artha.energy) to accumulate micro level data on the energy infrastructure of India.

4. Amit Patni

Co-Founder and Director of RAAY Global and Chairman of Nirvana Venture Advisors. He invested in India’s leading hospitality startup Oyo, fintech company Grameen Capital, Mumbai-based retail pharmacy chain Wellness Forever Medicare, among others.

5. Arihant Patni

Managing Director at Ideaspring Capital, an early-stage VC, and Hive Technologies, a platform for funding and launching startups in the big data space, Managing Director of Patni Financial Advisor, along with being a Director of Nirvana Venture Advisors. He invested in startups in the domains including IT services, infrastructure, wealth management, business development and marketing including Velvetcase, Logic Roots, Fitternity, AI startup niki.ai, and BHIVE Workspace, and others.

6. Ajeet Khurana

CEO of Zebpay, a mobile wallet for bitcoin and other cryptocurrencies. He invested in healthcare delivery platform Medd, online customized furniture store Stitchwood, smart jewellery startup for women Leaf Wearables, and digital media content startup WittyFeed, among others.

7. Anand Ladsariya

CEO of Everest Flavours Ltd, a leading manufacturer and exporter of Menthol, Peppermint Oil, and fragrances. He invested in cloud-based feedback and communication platform Framebench, a search and discovery platform for hobbies and extracurricular activities FindURClass, among others.

8. Anuj Golecha

Co-Founder of Venture Catalysts, a Mumbai-based startup incubator, and he is also a Co-Founder of Samyakth Capital, a hybrid growth fund. Anuj Golecha is an active Angel Investor, one of the top 10 angel investors in India, as rated by VCCircle.

His successful investments includes – Koinex, Fynd, Coutloot, BharatPe, SuprDaily & many more. He is Chartered Accountant by qualification and 2nd generation partner at Banshi Jain and Associates. He cofounded Venture Catalysts – India’s first Integrated incubator.

Over fifteen years of experience across financial services, real estate, manufacturing, jewelry and internet companies. Anuj has proven track record of establishing & expanding initiatives with P&L responsibility through concept, C-level buy-in and execution.

Anuj specializes in defining products and services that delight customers, surpass competition and provide compelling business value.

9. Hareesh Chawla

Partner at True North, a private equity firm. He invested in niki.ai, Bengaluru-based online researching platform Typeset, Mumbai-based last mile logistics startup Grab, New Delhi-based social e-commerce platform Jaypore, among others.

10. Japan Vyas

Co-Founder and Managing Director of Sixth Sense Ventures, a consumer-centric venture fund. He is passionate investor & mentor. He established two alternative asset management businesses. Youngest in the country to head an alternative asset management business, at the age of 31. Raised 3 funds till date investing in early stage, private equity & public markets.

• • Established the practice for IDFC Investment Advisors, raised two funds investing in private & public markets. Amongst very few private equity professionals in the country, to have experienced the entire fund life cycle – from fund raising to creating liquidity events & following it up with a second fund raise.
  • INR 450 crore ($70 mn) infrastructure focused fund – raised in tough market conditions post the crash of 2008.
  • Fund 1 remains the best performing fund in its category (2007-09 vintage) in India, beating the benchmark CNX Infrastructure index (which is down by 32% over the fund life) by 80% over the fund life & returning entire capital back to the investors with 25% of investments to be exited.
  • INR 400 crore ($65 mn) infrastructure & consumption focused fund – raised in 2012
  • Investments made barring one (which is at cost), are up between 2-3.2x

Key investments across both the funds: first Indian institutional investor into One97 (PayTm) in 2010, VA Tech Wabag, Ratnakar Bank, Indusind Bank, NSE, GR Infraprojects, Adani Ports, Sanghvi Movers, Gateway Distriparks, Trent etc.

Active seed investor and mentor, primarily in the tech space. Investment portfolio includes: Dimension NXG, Jaconet Handloom (Khadder), Remitr, Mind Your Fleet, Vizzi (Eva BOT), Oi Media, Hip Cask, The Zero Games, Intellisys and food startup Happy Roots, among others.

11. Jitendra Gupta

Founder of Citrus Pay, a leading digital payments company in India and he is also the Managing Director of PayU India. Prior to Citrus, he was working with ICICI bank for 7 years, wherein he was part of founding team of Retail cross sell and Investment banking division in the bank. During his last stint with the bank, he led the whole initiative of stitching a joint venture between ICICI bank and First Data in Indian market. This was a unique JV ever done between a bank and an independent payments company.

In last 4 years, he has grown Citrus in to 300 member+ strong team and raised over USD 30 million so far. Citrus counts its investors base from Sequoia Capital and E-context Japan to Ascent Capital in Series C round. He has graduated from Sydenham College, Mumbai and a qualified Chartered Accountant.

His investments include agritech startup CroFarm, Indian parenting social network Healofy, a decentralized crypto banking platform Nuo, Purple Style Labs, on-demand driver provider Drivify, among others.

12. Kunal Shah

Co-Founder and former CEO of FreeCharge, an online mobile recharge platform. His investments include online lending platform Avail Finance, Razorpay, LifCare, Voonik, Flyrobe, DailyNinja, Twigly, and Unacademy, among many others.

13. Samir Bangara

Co-Founder and Managing Director of Qyuki Digital Media. His investments include an alternative mobile payment platform POKKT, a health and growth tracking platform for children My Child, ZAPR, among others.

14. Sanjay Mehta

Director of CORE (Centre of Recognition and Excellence), a multi-platform media company. He has been a keen angel investor and was also awarded the Angel Investor of the year award by LetsVenture in 2017. He has angel invested in 103 Start-up companies in diverse sectors. He is an active member of Indian Angel Network, Mumbai Angels, B2B 1K Ventures & CIO Angel Network, Venture Nursery.

His investments include wellness and health analytics platform AllizHealth, cloud-based security startup InstaSafe, confirmTKT, non-alcoholic beverage brand Coolberg, female urination device PeeBuddy, mobile advertising platform PayTunes, among many others.

15. Sandeep Tandon

Co-Founder of Freecharge, an online mobile recharge platform. Some of his prominent investments include an online B2B marketplace for fruits and vegetables Bharat Bazaar, online wedding platform ShaadiSaga, digital media startup Pocket Aces, used cars marketplace Spinny, Flyrobe, and Unacademy, among others.

16. Sanjay Jain

An operating partner at GSF India, venture capital firm and accelerator for tech startups in India. He invested in multi-channel inventory management startup Browntape, edtech startup Flintobox, online medical consultation app DocsApp, Gigstart, Drivezy, among others.

17. Vaibhav Karnavat

Partner at Karnavat & Co, and an active angel investor in the Indian startup ecosystem. He invested in Koinex, LenDenClub, myHQ, a hub for personalized viral online videos Flicktree, among others.

18. Vikram Chachra

Founding Partner at Eight Innovate, a Mumbai-based early-stage venture capital fund. He has helped a number of Indian startups through his fund, as well as his personal investments and advice.

Seeded 26 seed to early stage startups over the last decade that have created more than a billion dollars of value for their shareholders. These include several category leaders like Carwale.com, HCG Global (NSE: HCG), EzeTap, Blue Tokai, MoneyTap, Online Tyari, Eatigo, Signzy, amongst others. Co-investors include global VCs like Sequoia, NEA, Accel, Social Capital, Matrix, Soros, Dell Foundation amongst others.

19. Vishal Gondal

Founder and CEO of GOQii, a digital health and wellness solution platform. Investments made by him includes edtech startup Examify, food discovery and delivery startup InnerChef, co-working space provider Innov8, among others.

20. Zishaan Hayath

Founder and CEO of Toppr, an online learning platform and adaptive learning app for school students in classes 5th to 12th. Prior to this, he co-founded a phone commerce marketplace Chaupaati Bazaar in 2008. In 2010, Chaupaati Bazaar was acquired by India’s largest retailer Future Group (NSE:FRL).

Some of his noteworthy investments in the Indian startups include advertising platform Adpushup, a cloud-based online marketplace for crowdsourced work Squad, logistics startup Shadowfax, wealth management platform Wealthy, on-demand apparel rental startup Flyrobe, among others.

Basically the above top list of Angel Investors hails from Mumbai but they have invested in the startups across the country, they are under the Top List Of Angel Investors Based In Mumbai.

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