Top 10 Angel Investors In India 2021

For any startup, the one crucial factor that accelerates its success is – fundraising. You have an idea, you get fund and boom, the business runs on the track. With lack of enough funds on time, the startup is left with no option but to close the shutter. So, therefore there’s a reason that the early backers are called by the name of ‘angel investors’ in startup economy.

So, who really are these angel investors?

These are individuals with high-net worth who have enough capital to invest and help a budding business navigate its way. In recent years, more and more entrepreneurs have come up after exiting from their startups and have started angel investments to help businesses scale.

Apart from providing fund, these investors also offer mentorship and guidance to help them connect with the right people in the industry. Due to their wide knowledge, right mindset and years of experience, they play an important role in providing the right source of other information and resources as well.

Also, angel investment is a form of equity financing. This term means that in exchange for supplying funds, the angel investor takes an equity position in the company. This is usually used by non-established small startups which lack sufficient cash or do not get secured business loans from financial institutions.

India, the world’s third-largest startup ecosystem, has a strong and growing angel investment network. According to a report by Indian Private Equity Venture Capital Association (IVCA), startup investment by angel investors and angel networks rose to 24 percent and marked a new record of 341 in 2020 from 275 in 2019.

Even though the Covid brought a major halt in industries and other businesses across the world, it also stimulated new set of investors in India. As lakhs of people lost their jobs during the lockdown, many turned their ways to being an entrepreneur. According to industry participants, the pandemic led many startups to create and develop new business models as a matter of survival and growth and also brought positive changes in the startup and investing ecosystem.

Also Read: Top 10 Most Active Venture Capital Firms In India 2021

Below Is The List Of Top Angel Investors In India

1. Rajan Anandan

Managing Director of Sequoia Capital and an MIT graduate, Rajan Anandan has been one of the most active angel investors in Indian startup ecosystem. Being the co-founder of Blue Ocean Ventures, the first seed fund in Sri Lanka, Rajan has also worked with numerous tech giants like Dell, Microsoft, Google and McKinsey firm. Rajan prefers to invest in B2B startups owned in partnership and has invested in more than 80 startups till now.

Sectors Invested In:

Rajan has made investments in SaaS (Software as a service), Consumer internet, Big data, Analytic, Science and healthcare and content companies mainly around India, Sri Lanka and the United States.

Past Investments in Startups:

Instamojo, Travelkhana, Explara, Social Cops, Letsventure, LBB, PopXo, PregBuddy, authorSTREAM.com, MissMalini.com, Mobilewalla, StepOut, Socialblood.org.

Rajan Anandan: Angel Investors In India

2. Anupam Mittal

With his very successful venture Shaadi.com, Anupam Mittal is a classic example of entrepreneur-turned-investor who brought revolution in the Indian arranged marriage market in India. He is the founder of the People Group- A New Media & Entertainment Group which includes businesses such as Shaadi.com, Makaan.com, Mauj Mobile and People Pictures. Being a prominent name in the network of angel investors, he has by far backed up almost 50 startups including some big hits such as Ola Cabs.

Sectors Invested In

Mittal’s investment portfolio spans co working spaces, real estate, healthcare, Technology, Consumer Internet, Mobile and SaaS.

Past Investments in Startups

Ola Cabs, BigBasket, Druva, Pretty Secrets, LetsVenture, Truebil, Kae Capital, Café Zoe, Zepo, Peelworks, Sapience.

Anupam Mittal: Top Angel Investors In India

3. T.V. Mohandas Pai

Padma Shri awardee and current Chairman of Manipal Global Education, Mohandas Pal is another prestigious add on to the angel investor’s list. He is the co-founder of Akshaya Patra Foundation and was the CFO at Infosys. He also leads private equity fund Aarin Capital in collaboration with Ranjan Pai, Chairman Manipal Group. With more than 30 investments made both as individual and as partner, what Mohandas Pai looks out in a sector is its business process and business model innovations.

Sectors Invested In

The major domain he invests in are Technology startups, Consumer internet and Media.

Past Investments in Startups

Zoomcar, YourStory, FairCent, Kaaryah, Verloop, ToneTag, Fabhotels.

T.V. Mohandas Pai: Angel Investors In India

4. Girish Mathrubootham

Girish Mathrubootham who is nothing short of an icon in the SaaS world is the founder of India’s SaaS unicorn Freshworks. Today, this startup has a value of $3.5 billion and is spread in 13 offices around the world with more than 3000 employees in its team. Along with a successful venture, he is also and angel investor with investment in various startups. Girish believes to find joy in little things of life and success in the big things. Well, for ant young startup, having a unicorn founder like him as an early investor is a boon.

Sectors Invested In

SaaS, Customer support, Consumer Internet, Education, Enterprise Softwares, Content & Listing Platforms.

Past Investments in Startups

Unacademy, Innov8, Whatfix, The Ken, GoBumpr, iService, InkMonk, Zarget, Flourish, Frilp, ChargeBee, ShieldSquare.

Girish Mathrubootham: Top Angel Investors In India

5. Anand Chandrasekaran

An alumnus of Stanford University and Harvard Kennedy School, Anand Chandrasekaran is the Executive Vice President of Product Management at Five9. Prior to this, he was the Director of the Messenger Platform at Facebook and also is a Board Member of Future Group of India.

Apart from these achievements, he has been an angel investor for more than 50 companies and about eight of his seed-stage bets have a current value of $100 million approximately. As his investment strategy, Anand believes that the turnover ratio of employees in India and starting up really benefits seed investors.

Sectors Invested In

Fintech, SaaS companies having practical applications of AI, Consumer Internet, B2C and p2p Marketplaces.

Past Investments in Startups

Fynd, Yulu Bikes, MoEngage, NoBroker, Innov8, ToneTag, Lucideus, Chatfuel, Gamezop, Rupeek, Sheroes, FreightTiger, Khatabook.

Anand Chandrasekaran: Angel Investors In India

6. Sunil Kalra

Sunil Kalra is the Board Member of Innoveda Biological Solutions and Powermat Technologies. A graduate in Marketing and International Trade from the University of Texas, Sunil Kalra is an active member of Indian Angel Network and Harvard Business Angels.

Being a Managing Director of BSLG, a Delhi based manufacture and exporter of leather apparel for more than 10 years, he has worked with some of the biggest brands in the world. Sunil has made more than 100 investments in India, Israel, Singapore and USA.

Sectors Invested In

Technology, Health & Finance sectors.

Past Investments in Startups

TargetingMantra, Instamojo, CultureAlley, AdPushup, Frrole, Mobilewalla, Viavya Labs, MyShaadi.in, Innovise, OrangeScape, SkoolSShop, etc.

Sunil Kalra: Angel Investors In India

7. Sandeep Tandon

Graduate from Harvard University, Sandeep Tandon is a Tech Entrepreneur, Investor and a Mentor as well. He is the co-founder at one of India’s first mobile online payment platform, FreeCharge and Accelyst Solutions Pvt. Ltd. 

Along with this, he is the Managing Director of Tandon Group which provides resources to startup companies in India and North America. Sandeep Tandon serves as the Chairman and Managing Director at Infinx Healthcare.

He is an active angel investor and has made 34 investments across various startups till now. Being in the technology industry for more than two decades, Sandeep Tandon has contributed significantly to the growth of IT esports from India.

Sectors Invested In

Healthcare, Information Technology, FinTech, Education, Media

Past Investments in Startups

Unacademy, Razorpay, Inc42, Ziploan, Pocket Aces, ShaadiSaga, Spinny, Progcap, BharatBazaar, Genius Teacher, Dukaan.

Sandeep Tandon: Top Angel Investors In India

8. Anand Ladsariya

Mr. Anand Ladsariya is the CEO and promotor Director of Everest Flavours Ltd. As for his educational background, he is a Graduate and gold medalist from Bombay University and Post Graduate from IIM, Ahmedabad. He is the ex-Chairman of CHEMEXCIL, an export promotion firm under the Ministry of Commerce, Govt. of India. His investment portfolio speaks volume of backing up more than 90 startups and guiding the promotors to the next level.

Sectors Invested In

Consumer Products and Services, Edu-Tech, Healthcare, Internet Marketplace and e- commerce, Media & Advertising, Games, Content Discovery and Web Design.

Past Investments in Startups

Oyo Rooms, Myntra, Asiatic, Clensta, Glam Studios, Confirmtkt, Morpheus, Mobiquest, Traffline, Dexl, Uniphore, Tonbo Imaging, Serial Innovation.

Anand Ladsariya: Angel Investors In India

9. Sanjay Mehta

Entrepreneur-turned-investor Sanjay Mehta is the founder of an investment firm called 100X.VC. Prior to this, he was the founder of MAIA Intelligence which is a business intelligence and analytics company. Sanjay Mehta has been one of the most active angel investors in India having invested in over 137 startups.

He believes that there is a lot of patience required in angel investments as there is no quick cash when it comes to returns. Telling about his experience, he added that it takes him an average of 3-5 years to get the right kind of investment returns.

His current portfolio exit value is t 7.3x on capital invested. Mehta’s investment criteria in a sector is based on – Leadership, Potential for Scale, Technological Innovation, Business Innovation and Competition.

Sectors Invested In

AgriTech, Automotive, Blockchain, EdTech, government and fintech, Consumer Brands, Enterprise B2B and Consumer Internet sectors.

Past Investments in Startups

Oyo, InstaSafe, Blubirch, Box8, Repup, LogiNext, WowMomo, zippr, Saffron Stays, Blue Cargo, CSPA, Aurora, WorkClout, TAObotics, Radiate, vinovest, Orbit Fab, Memfault and many more.

Sanjay Mehta: Angel Investors In India

10. Ganesh Krishnan

Krishnan Ganesh is the Manager and CEO of TutorVista, an online tutoring company. He was also the CEO of Wipro/Bharti British Telecom and held a senior management position in HCL Ltd. He along with his wife, Meena Ganesh co-founded PorteaMedical and TutorVista. They fund about 5-6 startups a year and invest $25-250K in each one of them.

Being a recipient of Distinguished Alumnus award from IIM Calcutta and Delhi University, Krishnan currently leads GrowthStory.in, a leading venture builder platform for promoting and incubating new ventures. When last year, Covid struck India and left daily wage workers penniless, Krishnan co-founded a Social Initiative to feed migrants and unemployed daily wage workers and served 45 lakh across five cities over a period of three months. Truly an inspiring investor!

Sectors Invested In:

Consumer Internet, Tech Companies, Healthcare and Education.

Past Investments in Startups

BigBakset, Portea Medical, Bluestone, HomeLane, HouseJoy, HungerBox, FreshMenu and other Cos.

Tutor Vista: Angel Investors In India

Conclusion

So, these were few names of the modern-age angel investors in India. These individuals are creating a new pattern in the overall business sector and can be connected to over social media handles such as Twitter and LinkedIn. So, if you have an idea you want to mold to a business, pitch these angels and make your dream venture come true.