10 Most Active Angel Investors In India For Startups
Rightfully as their name suggests, angel investors were probably sent by the heavens. Extremely affluential, these people provide capital for needy but deserving business start-ups in exchange for convertible debt or ownership equity. These days a lot more of them are investing online through equity crowdfunding or organizing themselves into angel networks to pool their capital and provide advice to portfolio companies.
However, the scene at angel investment has been dynamic as the startups have been evolving and riding the tumultuous wave over the years. There have been few new additions, few losses in the angel list. But who are the ones you and your startup should be looking for right now?
Here’s a curated list of some of the most active angel investors in India in 2018 – in no specific order:
1. Rajan Anandan
Managing Director of Google India and an MIT graduate, Rajan Anandan has been one of the most active angel investors in 2017 with almost 11 investments in his basket. Currently investing in startups spread across India and Sri Lanka, Rajan is also the co-founder of Blue Ocean Ventures, the first seed fund in Sri Lanka. By his own admission, Rajan prefers to invest in B2B startups owned in partnership. However, he doesn’t rule out serendipity at play either! So try your luck pitching to one of the most promising investors (and an active angel investor at that!) in the country.
Major Domains he invests in: Big data, Analytics, Online health care, Mobile commerce, Consumer internet, Digital media
Past Investments: Instamojo, Travelkhana, Explara, Social Cops, Letsventure, LBB, PopXo
2. Anupam Mittal
The name behind the Founder People Group and the one to bring revolution in the Indian arranged marriage market with his very successful venture Shaadi.com, Anupam Mittal has become a big name in the angel investor network. Backing up almost 50 startups now including the very lucrative Ola Cabs, Anupam Mittal’s portfolio has jumped 10-fold in the last couple of years. What works for one of the most active angel investor here? A big market potential, sustainability, and scalability.
Major Domains he invests in: Technology, Consumer Internet, Mobile, Healthcare and SaaS
Past Investments: HackerEarth, Drivezy, Kae Capital, Letsventure, Ola Cabs, Truebil, myHQ
3. T.V. Mohandas Pai:
A former chief financial officer of Infosys, Mohandas Pai is a prolific angel investor. His focus has mostly been on early-stage investments in technology startups. With a conscious choice to make relatively small investments, his strategy has been that of an opportunistic investor. He is also one of the biggest supporters of women entrepreneurs. No wonder, Shraddha Sharma’s Yourstory got in the right way! Currently, Pai has direct and indirect investments in more than a dozen companies.
Major Domains he invests in: Technology startups, Consumer internet, Media
Past Investments: Zoomcar, Zimmber, YourStory, FairCent, Kaaryah
4. Girish Mathrubootham:
A self-confessed enthusiast of customer support, Girish Mathrubootham is the founder and CEO of India’s most successful Customer support software provider startup FreshWorks. He is said to have an eye for the right products and is known to have built highly user-centric products.
Major Domains he invests in: SAAS, customer support, Enterprise softwares, Consumer Internet, Education, Content & Listing Platforms
Past Investments: Whatfix, The Ken, Innov8, GoBumpr and iService, Unacademy, Factor Daily, Inkmonk, The Ken, Zarget
5. Anand Chandrasekaran:
He is the former Product head of Snapdeal and currently the Director at Facebook. Yahoo!, Bharti Airtel and Wynk are few of the big names he has worked with. A Stanford graduate, he made six investments in 2017 and twenty in 2016. As of now, he has made a total of 30 investments in the marketplace.
Major Domains he invests in: Consumer internet, B2c and p2p Marketplaces, Fintech and SaaS
Past Investments: LetsVenture, Fynd, InnerChef, Instalively, NoBroker, Wooplr
6. Dheeraj Jain:
Dheeraj Jain is the director at London-based Redcliffe Capital and made some value investments last year in almost 7 startups. With no interference from any other angel network, his strategy has been to go deep into existing portfolios and monitor their growth up close instead of writing a lot of cheques.
Major Domains he invests in: AI, Internet of Things, Virtual reality, Big data analytics, Healthcare, Biotechnology
Past Investments: Mappr, Burger Singh, Shaadisaga, Qdesq, JustRide, Deyor Camps, Yumlane
7. Sandeep Tandon:
Alumni of Harvard University, Sandeep Tandon is the Co-founder of mobile wallet FreeCharge and the managing director at Tandon Technology ventures and Infinix Healthcare. In 2017, he invested in 23 startups including in online lending platform ZipLoan and fashion and store discovery platform Fashalot. He is active in the Angel Investor community and serves as a mentor to various technology start-ups.
Major Domains he invests in: Internet Services, FinTech, Healthcare, Education
Past Investments: Razorpay, Inc42, Tablehero, Unacademy, Fabelio, Remitware Payments, Pocket Aces, Ziploan
8. Anand Ladsariya:
Founder of chemicals maker, Everest Flavours, Anand Ladsariya is as an ex-Chairman of CHEMEXCIL. He holds a reputation in the Indian chemical market and holds dominance to tap Mumbai Angels and Indian Angel Network in search of a disruptive idea. While making decisions and investments, he mostly looks for a strong team while making any additions to his portfolio of more than 90 startups.
Major Domains he invests in: location-based services, customer support tools, content discovery, social media, games, web design sectors
Past Investments: Asiatic, Oyo Rooms, Myntra, Appsdaily, Tonbo Imaging, Uniphore, and Assured Risk, Mobiquest
9. Sanjay Mehta:
MAIA Intelligence’ founder Sanjay Mehta is an investor member of Indian Angel Network, Venture Nursery & Mumbai Angel network groups. With a core interest in technology, thanks to his background, Sanjay’s area of interests have been social, mobility, analytics & cloud. He admits that he is mostly in for an investment for 5-7 years, before looking for exits. Sanjay assists his portfolio companies to help make a connection with the CIO, CTO community and also advises them about advertising, PR, branding & marketing.
Major Domains he invests in: Clean technology, Enterprise Softwares, Consumer internet and Healthcare
Past Investments: Loginext, Lawrato, OYO, Box8, Orange Scape, Fab Alley
10. Gokul Rajaram
An ex-product director at Facebook, Gokul Rajaram is the founder at Chai Labs and Flight.vc while . Currently a Caviar Lead at Square, Gokul is rightfully known as a consummate product and technology stalwart. A graduate from MIT, University of Texas and IIT Kanpur, he has been consistently investing and advising since 2008 in early stage technology startups. Nonetheless, the caliber and vision of the team is the single-most determining factor for his investments
Major Domains he invests in: Saas, Internet Services, Analytics & AI, Media & Entertainment
Past Investments: LivSpace, Edu Fire, Daily.co, Buffer, Loop, Flipora, Whatfix
Fired up for more? Read: 12 Podcasts That Every Indian Entrepreneur Should Listen To
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