In times of need, we always look for an angel to guide us, hold our hand in times of need. Same way, an angel investor is someone who helps your startup get the most basic yet most substantial help you need. Funding.
Top 10 Best Angel Investors of India
A former vice president of now listed payment giant, Paytm, Amit Lakhotia apart from running his venture Park is also very much into investing in startups. Angel investors in fintech startup BharatPe, and social commerce platform Trell, Lakhotia started his smart car parking business Park in 2019. It has already raised a Series B round worth $25 Mn from Sequoia, Matrix among others. In 2021, Lakhotia participated in nine funding deals and backed startups like Fixcraft, GoKwik, and Junio.
Anupam Mittal started his entrepreneurial career with the People Group, which manages businesses such as Shaadi.com, Makaan.com and Mauj Mobile. Over the years, he has invested in more than 50 startups including Ola, Druva and Whatfix.
Mittal, who was also one of the sharks in Shark Tank India, has invested in 11 Indian startups last year. Last year he had participated in Express Stores’ seed round of investment along with Venture Highway, Kunal Bahl, Rohit Bansal among others. Other notable investments by Mittal included Gobbly, and GoKwik’s $15 Mn Series A round.
Co Founder of Flipkart, which is arguably the most valued Indian startup at $36 Bn, Binny Bansal has been actively investing in startups as an angel investor.Flipkart was acquired by Walmart in May of 2018. Bansal exited the company in November of the same year. In December of 2018, he launched xto10x, a SaaS consultancy startup with former eKart executives Saikiran Krishnamurthy and Neeraj Aggarwal.
Last year, he invested in 12 startups. Some of his recent investments include — edtech startup PlanetSpark, Skill-Lync and fintech startup Rupifi.
Founder of NASDAQ-listed MakeMyTrip, Deep Kalra recently moved to a mentorship role after founding the online ticketing platform 21 years ago. An IIM Ahmedabad alumni,
Kalra invested in 8 startups last year including — Exotel, eka.care, and PlanetSpark last year.
Founder and CEO of the country’s second most valued edtech startup Unacademy – Gaurav Munjal has doled out 11 cheques from his personal capacity mostly in the edtech and healthtech sectors.
While Unacademy has been on an acquisition spree, Munjal has participated in Pre-Series A of edtech startup AdmitKard, celebrity-learning startup FrontRow’s $14 Mn Series A round and healthtech startup eka.care, among other startups.
Rohit Kapoor who is the CEO of OYO’s India and South East Region had invested in across ten startups last year. Gurugram-based healthtech startup HexaHealth, edtech startup Leverage Edu, and D2C brand The Souled Store received investment from Kapoor last year. Kapoor who has been investing since 2016 has over the years invested in over 20 startups in his personal capacity.
Serial entrepreneur and angel investor Shanti Mohan, is the founder of early-stage investment firm LetsVenture started her entrepreneurial journey in early-2000s as the cofounder of Ionic Microsystems, a technology company in Bengaluru that raised a Series A round.
After her exit from the company, she worked for HP in India and the US. As an angel investor, she has made over 14 investments in 2021 including Jar, Goat brands, Giva, Spottabl, Junio, Animall, Bimaplan to name a few.
The Zomato founder has been investing in startups for quite some time now. Goyal, who once worked for Bain & Company, has invested in healthtech startup Pristyn Care, HRtech startup Multiplier, and B2B ecommerce startup Geniemode, among others last year.
Overall, he has invested in about 15 startups to date. Some of his notable investments include Unacademy, Bira91, and Animall.
Jitendra Gupta is the founder of neobanking startup Jupiter. Gupta who started as a regional sales manager in ICICI Bank in early 2004, understood the fintech opportunity that remained. In 2010, he founded Citrus Payment Solutions, which was later acquired by the global fintech giant PayU in 2016 for $130 Mn. After working two years as the managing director of PayU, Gupta launched his second venture Jupiter, which has already raised funding from Tiger Global, Sequoia, and Matrix. He has been actively investing in startups for a couple of years and has already invested in 40+ startups.
Last year, he invested in around 13 startups in his personal capacity. Some of his investments included – Lets Hash, a D2C tobacco brand, healthtech startup Meddo Health, and Hypto, a tech infrastructure platform.
Kunal Shah, the founder of fintech unicorn CRED is not an unknown name when it comes to the Indian startup ecosystem. He has handed out the most number of cheques as an angel investor in 2021. Shah, who had refused to be a shark in the popular Shark Tank India show, has participated in 62 startup funding deals as an angel investor in 2021. Overall, his total investments in startups stands at 150.
CRED entered the unicorn club last year and doubled the valuation later in the year with more investment. However, he has not limited himself to one sector. His personal portfolio consists of startups from fintech, ecommerce, SaaS, among others. A few notable deals of Shah in the last year include: Niro, a lending tech startup; assisted ecommerce startup – OneCode, and healthcare startup Onsurity.
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