What is often overlooked in the business ecosphere worldwide, is the bustling startup ecosystem of India. It is the third largest one in the world, and here angel investors play a significant role in funding Indian startups.
Angel inventors do more than invest, they nurture innovative startups early to help them grow into reliable, structured startups and establish a presence in the global market. That’s why startup founders are always on the lookout for them.
This is where we come in, we have curated a list of 10 Angel Investors in India known for their investments and support. Read this blog till the end to see how you can find angel investors to secure startup funding!
Top 10 Angel Investors in India
The following are the list of angel investors in India known for their investment and contribution to the growth of innovative startups.
1. Kunal Shah
Unicorn Startup CRED’s founder, Kunal Shah, is a prominent name in the fintech market. However, that’s not all, known for his deep understanding of customer behaviour and fintech trends, he is one of the most popular angel investors in India. From his experience as Free Charge founder and advisor at Y Combination and Sequoia Capital, he has helped hundreds of startups navigate the early stages and grow.
His few notable startup investments are:
- Unacademy
- RazorPay
- Slice
2. Anupam Mittal
Any angel investor in India list is incomplete without the mention of Anupam Mittal. He is the founder and CEO of People Group, known for their various online businesses such as Shaadi.com, Makaan.com, Mauj Mobile, and more. He is also one of the sharks on Shark Tank India. Expert in digital consumer service startups, he has been diversifying in his angel investing portfolio.
He has invested in startups like:
- Ola Cab
- Big Basket
- Fab Hotels
- Druva
3. Rajan Anandan
Rajan Anandan is an influential angel investor in the consumer tech niche. He is the MD of Peak XV, the VP of Google India and South East Asia, and the MD of Microsoft India. With his expertise in the tech niche, he has been able to support many innovative early-stage startups.
His notable early-stage investments include:
- Innov8
- Rapido
- InstaMojo
- Omnify
4. Kunal Bahl
Kunal Bahl boasts extensive experience as an entrepreneur and investor. He co-founded Snapdeal, Titan Capital, Ace Vector, and is an independent director at Piramal Enterprises Limited and a judge at Shark Tank India. He primarily invests in tech-based, scalable startups in diverse sectors.
His prominent investments include:
- Mamaearth
- Unacademy
5. Arjun Vaidya
The founder of Dr. Vaidya and V3 venture, Arjun Vaidya has built a reputation as an expert in the consumer-centric and retail sectors. Now, he is steadily expanding his portfolio in diverse sectors.
A few of his angel investments include:
- Moms Made
- Kuku FM
- Kiranapro
- GoKwik
6. Jitendra Gupta
Jitendra Gupta is one of the top angel investors in India, known for his expertise in fintech startups. He has co-founded Citrus Pay and Jupiter and has played a vital role as MD of PayU. He primarily focuses on investing in innovative fintech startups for various target markets.
A few of his prominent angel investments are:
- OnePlay
- OTPless
- Cashflo
- CoinCRED Global
7. Sujeet Kumar
Sujeet Kumar is the co-founder of Udaan, one of the fastest startups to become a unicorn, and has served as the president of operations at Flipkart, building the supply chain and logistics. He has been doing angel investment since 2014 and is focused on supporting startups in consumer tech, enterprise startups, and more.
He has invested in:
- Unacademy
- Questbook
- Turnip
- Kalvi
8. Ramakant Sharma
Ramakant Sharma is the co-founder and CEO of the unicorn startup Livspace. He has also been the VP of Engineering at Myntra. Through his expertise in the consumer tech sector, he has been able to help many startups rise and capture the hearts of the audience.
A few of his prominent startup investments are:
- PharmEasy
- Byjus
- Trell
- UrbanClap
9. Binny Bansal
Binny Bansal is the name behind the Indian amazon, Flipkart. He has served as the CEO and COO of Flipkart before its acquisition. He is currently the group CEO and chairman. Additionally, he is also the board advisor at Udhyam Learning Foundation. He invests in early-stage consumer tech and e-commerce startups.
His notable angel investments include:
- Inshorts
- Hike
- Flash
- Zoko
10. Rohit Bansal
Rohit Bansal is one of the top angel investors in India in the tech and e-commerce niche. He is the co-founder of Snapdeal, Titan Capital, and AceVector Group. His expertise lies in technology startups, especially the ones operating in the e-commerce and consumer tech sectors.’
His notable investments are:
- Ola
- Sanfe
- Mamaearth
- Bewakoof
How to Find Angel Investors in India?
The abolition of the angel tax in the Budget 2024-25 has opened the road for founders and angel investors. It has become to find an angel investor for your startup. However, you must consider a few things before choosing one.
Look for investors from your field, or at least with a portfolio of startups in a similar field as yours. These investors are equipped with knowledge and resources to help your startup grow. But how do you look for angel investors or reach out Through networking!
Networking with investors helps you find investors and get referrals. It enables you to build a brand image in the market. Networking events such as Bharat’s Leading Startup Summit by 21BY72 allow you to exhibit your startup for leads and connect with investors.
Conclusion
Angel investors in India play a vital role in the ecosystem by supporting innovative startups at the early stage and offering the necessary funding and support. So, we created a list of India’s top 10 angel investors, highlighting their experience, expertise, and a few startups from their portfolio. You can find angel investors by attending networking events and using social media. 21BY72 allows you to build your brand presence and connect with diverse industry experts and angel investors in Bharat’s Leading Startup Summit. Visit our website for more information.
FAQs
1. Who are the biggest angel investors in India?
A few prominent Indian Angel Investors are Kunal Shah, Anupam Mittal, Kunal Bahl, Rajan Anandan, Jitendra Gupta, and more. You can find angel investors in your area by connecting with an angel investor network.
2. What is the responsibility of an angel investor for startups?
The primary responsibility of an angel investor is to provide early-stage funding to help startups operate. Furthermore, the angel investors offer access to resources and guidance to understand the market needs and choose the best target market.
3. How many angel investors are there in India?
India is home to more than 26K angel investors. Additionally, 125+ angel networks and syndicates connect these individuals and help the startups connect with a pool of suitable investors.
4. How to choose angel investors for startup funding?
When choosing an angel investor, focus on their expertise in your niche and experience with startups. Ensure that they can provide you with the necessary guidance for startup growth. Analyze their market reputation before making the final decision.
