25 Most Active Angel Investors in India

Written By:
QAPITA
Calendar
March 31, 2022

Angel investors are high-net-worth individuals who invest in early-stage startups, mostly via convertible notes. The benefit of taking investment from angel investors is that these rounds close faster than priced rounds. In addition to funding, angel investors help startups with mentoring, connections, and domain knowledge.

There are many angel investors in the Indian startup ecosystem, with reports suggesting the number of angel investors in India stands to be 6000 approx. Shortlisting the right investors among the 6000 is tedious with so many investors. We have made it easy for you by listing India’s top 25 angel investors who actively invest in startups.

Angel Investors for Early-Stage Startups

Typically, angel investors have domain preferences—some invest in the consumer segment, while others prefer healthcare or education. Here, we have curated the top angel investors based on their total investment deals.

1. Kunal Shah

Kunal Shah is a popular angel investor who is the founder of Cred, one of the fastest-growing Indian fintech companies. Earlier, he also co-founded Freecharge, a payment gateway platform, along with Sandeep Tandon in 2010. Recently, he invested in the fintech startup Drona Pay, which uses machine learning technologies to detect and tackle payment frauds.

Major Investment Domains: Consumer Internet, Fintech, Health Tech, Edtech, Coworking Spaces, E-commerce

Key Investments: Razorpay, Unacademy, ShaadiSaga, Drona Pay, Cookifi, Innov8 Coworking, Bharat Bazaar

No. of Investments: 200+

No. of Exits: 9+

Social Media Profile: LinkedIn, Twitter

2. Gokul Rajaram

Gokul Rajaram currently serves as the Product and Business Helper at DoorDash. He was an ex-product director at Facebook. He majorly funds technology startups. Recently, he has joined Noida-based Pine Labs as an advisor. In Nov 2021, he funded the employee management fintech startup SalaryBox.

Major Domains of Investment: Internet Services, Analytics & AI, Media & Entertainment, SaaS

Key Investments: SalaryBox, LivSpace, Daily.co, Buffer, Flipora, Loop, Whatfix, Edu Fire

No. of Investments: 110+

No. of Exits: 5

Social Media Profile: LinkedIn

3. Rajan Anandan

Rajan Anandan is one of the popular angel investors in India who currently serves as the managing director of Sequoia Capital. He prefers to invest in B2B startups. Additionally, Rajan is also the co-founder of the first seed fund of Sri Lanka, Blue Ocean Ventures.

Major Domains of Investment: SaaS, Big Data, Analytics, Healthcare

Key Investments: Pregbuddy, Unacademy, TravelKhana

No: of Investments: 83+

No: of Exits: 12

Social Media Profile:  LinkedIn, Twitter

4. Binny Bansal

Binny Bansal founded Flipkart along with his partner Sachin Bansal. He currently serves as the Co-founder and Executive Chairman of xto10x Technologies, a tech company that offers a learning platform to scale up startups. As an angel investor, he has invested in more than 60 startups to date. At present, he is also an anchor investor for the firm 021 Capital. Recently, Gurgaon based wellness platform Mindhouse saw an investment of $6 million from Binny Bansal.

Major Domains of Investment: Consumer Internet, Online Commerce, Health Tech, Fintech, E-commerce

No. of Investments: 47+

No. of Exits: 2

Key Investments: Mindhouse, CureFit, Inshorts, Roposo, GreyOrange, Sigtuple

Social Media Profile: LinkedIn, Twitter

5. Anupam Mittal

Anupam Mittal is the Founder and CEO at People Group. He is popular for starting the successful venture Shaadi.com. Anupam has more than 50 investments to his credit. He focuses more on technology startups, be it the health sphere, or consumer internet.

Major Domains of Investment: Co-working spaces, Healthcare, Consumer Internet, SaaS, Real estate

Key Investments: BigBasket, Ola Cabs, Druva, Animall, Pretty Secrets

No. of Investments: 55+

No. of Exits: 11

Social Media Profile: LinkedIn , Twitter

6. Ramakant Sharma

Ramakant Sharma is presently the Founder and CEO at Livspace. With a rich experience of 11 years in the software products domain, he has invested in more than 50 startups to date. Previously, Ramakant was also associated with popular companies like Myntra, JungleVentures, and GE Healthcare. In Oct 2021, Ramakant Sharma invested in the online coding platform Masai School.

Major Domains of Investment: SaaS, Ecommerce, Real Estate, Fintech

Key Investments: Masai School, PharmEasy, CoinSwitch, Zooty, Fynd, Shop101, ZunRoof, TruckMandi

No. of Investments: 53+

No. of Exits: 1

Social Media Profile: LinkedIn, Twitter

7. Ratan Tata

Ratan Tata is one of India’s most popular industrialists and philanthropists. The former chairman of Tata Industries has funded over 50 startups. Tata Trust, set up in 2017 functions as a business incubator as well as a social impact fund. The fund has invested in more than two dozen businesses.

Major Domains of Investment: Technology Sector, E-commerce

Key Investments: Xiaomi, Snapdeal, UrbanClap, Crayon Data, MadRat Games, DogSpot, Invictus Oncology, Printline Media(ThePrint)

No. of Investments: 40+

No. of Exits: 6

Social Media Profile: Twitter

8. Kunal Bahl

Kunal Bahl is the co-founder of 2 major companies Snapdeal and Titan Capital. Titan Capital is a VC firm supporting entrepreneurs with mentorship and capital. This firm has supported more than 150 startups in India, South-East Asia, and the US. Bahl largely invests in technology startups.

Major Domains of Investment: Online Travel, Transport, Enterprise Services, Edtech, Logistics, Fintech, Healthtech, Ecommerce

Key Investments: CredR, OlaCabs, UrbanClap, RazorPay

No. of Investments: 57+

No. of Exits: 5+

Social Media Profile: LinkedIn, Twitter

9. Anand Chandrasekaran

Anand Chandrasekharan is the present Executive Vice-President at Five9. Formerly, he has worked with major companies like Snapdeal (as Chief Product Officer), Facebook (Director of Messenger Platform), Bharti Airtel, and Yahoo. He has invested in more than 50 companies—Mudrex, the crypto firm being his latest investment.

Major Domains of Investment: Fintech, SaaS, B2C, Consumer Internet

Key Investments: Mudrex,, Fynd, NoBroker, Wooplr

No. of Investments: 70+

No. of Exits: 4

Social Media Profile: LinkedIn, Twitter

10. Vijay Shekhar Sharma

Vijay Shekhar Sharma is the CEO and founder of Paytm. At present, Paytm has over 400 million users, and they make daily transactions to the tune of 25 million. With immense experience in the telecom domain, Vijay Shekhar Sharma has more than 40 investments to his name. His latest investment is in Healofy.

Major Domains of Investment: Consumer Internet, Ed-Tech, FinTech

Key Investments: GOQii, Flyrobe, The Ken, Milaap, InnerChef

No. of Investments: 44+

No. of Exits: 7

Social Media Profile: LinkedIn, Twitter

11. Girish Mathrubootham

Girish Mathrubootham is the CEO and founder of India’s top customer support provider, Freshworks. Mathrubootham likes to invest in customer-centric products and technologies.

Major Domains of Investment: SaaS, Content & Listing Platforms, Consumer Internet, Education, Enterprise Software, Customer support

Key Investments: Go Bumpr, Zarget, Unacademy, and Inkmonk

No. of Investments: 34+

No. of Exits: 6+

Social Media Profile: LinkedIn, Twitter

12. Alok Mittal

Alok Mittal is the Co-founder and CEO of Indifi, a platform for debt financing for MSMEs. Mittal is also a founding board member of Indian Angel Network, an angel investor group that focuses on early-stage startups. Previously, he was also associated with the venture capital firm Canaan Partners, Baring Private Equity Partners, and JobsAhead.

Major Domains of Investments: Consumer Services, Transport, Healthtech, Edtech, Fintech

Key Investments: Bite Club, Cuelearn, Drivezy, Baxi-Fresh, Wysa, LifCare, Touchkin

No. of Investments: 25+

No. of Exits: 2

Social Media Profile: LinkedIn, Twitter

Company Website: https://www.indifi.com/

13. Dheeraj Jain

Dheeraj Jain is a famous angel investor in the healthcare sector. He is the founder of Redcliffe Life Diagnostics and Crystal IVF, two major companies in the healthcare domain. Previously, he has also been associated with companies like Nokia and Fujitsu. At present, he is the director of PeeSafe, a venture focused on women’s health.

Major Domains of Investment: AI, Virtual reality, Big data analytics, Healthcare, Internet of Things, Biotechnology

Key Investments: Mappr, Shaadisaga, Qdesq, Deyor Camps, Yumlane

No. of Investments: 20+

No. of Exits: 1

Social Media Profile: LinkedIn

14. T.V. Mohandas Pai

T.V. Mohandas Pai is a well-known personality in the Indian business ecosystem. During his tenure as the Chief Financial Officer of Infosys, the company has won numerous awards for the Infosys Annual Report. Notably, he is on the board of the National Stock Exchange of India pertaining to the security market in India. He prefers to invest in technology startups.

Major Domains of Investment: Technology startups, Media, Consumer internet

Key Investments: Zoomcar, YourStory, FairCent, Licious, SwitchMe, TaxSutra

No. of Investments: 28+

No. of Exits: 4+

Social Media Profile: LinkedIn, Twitter

15. Sanjay Mehta

Sanjay Mehta is the Founder & Partner at 100X.VC. He is the only angel investor in India with four unicorns under his belt: Oyo, CoinDCX, Block.One and AXIOM Space. Sanjay is also a member of the Indian Angel Network & Mumbai Angel network. His core investment areas have been analytics & cloud, consumer services, and the automotive domain.

Major Domains of Investment: Automotive, Blockchain, EdTech, FinTech, Enterprise B2B and Consumer Internet sectors, AgriTech

Key Investments: Loginext, OYO, Box8, Fab Alley

No. of Investments: 16+

No. of Exits: 2+

Social Media Profile: LinkedIn, Twitter

Personal Website: mehtaventures.co/

16. Sachin Bansal

Sachin Bansal is one of the founding members of Flipkart. At present, he is the chairman of the financial services company Navi. This firm aims to make financial services simple and affordable for the masses. Since 2014, Sachin has invested in early-stage startups.

Major Domains of Investment: Edtech, Entertainment Tech, Healthtech, Transport, Consumer Services, Hardware & IoT

Key Investments: Ola Cabs, GreyOrange, Inshorts, Tracxn, Unacademy, Ola Electric, Milkbasket

No. of Investments: 213+

No. of Exits: 1

Social Media Profile: LinkedIn, Twitter

17. Amit Gupta

Amit Gupta is the Co-founder and CEO of Yulu and previously co-founded InMobi. Yulu uses IoT technology to create the next-generation green bikes. In contrast, InMobi uses mobile intelligence and the marketing cloud to engage brands and consumers. Amit is not sector-specific as an angel investor and mentors entrepreneurs belonging to different domains.

Major Domains of Investment: Not Sector Specific

Key Investments: Razorpay, MyChild, Wooplr, BharatBazaar, HealthifyMe

No. of Investments: 17+

No. of Exits: 1

Social Media Profile: LinkedIn, Twitter

18. Mekin Maheshwari

Mekin Maheshwari is the founder of Udhyam.org, which aims to empower the next generation of students through innovative learning models. He is also the co-founder of the Global Alliance for Mass Entrepreneurship (GAME) which aims to enhance the creation of entrepreneurial jobs. Mekin was also associated with the popular company Flipkart as its Chief People Officer. As an angel investor, he invests in technology startups and social enterprises.

Major Domains of Investment: Entertainment Tech, Edtech, Online Travel, Ecommerce, Healthtech

Key Investments: Aisle, Docwise, Purple Quarter, TapChief, Urban Clap, Hansel.io

No. of Investments: 11+

No. of Exits: 3+

Social Media Profile: LinkedIn, Twitter

19. Sunil Kalra

Sunil Kalra is a Venture Partner at Stride Ventures. Sunil Kalra is an independent investor who has around 20 investments to his credit. His major interest area lies in the technology sector.

Major Domains of Investment: Technology, Health & Finance sectors.

Key investments: Hasti Dry Port, Exclusively.in Jigsee, Viavya Labs, Innovise, MyShaadi.in

No. of Investments: 14+

No. of Exits: 3+

20. Sandeep Tandon

Sandeep Tandon is one of the founding members of FreeCharge, a mobile wallet for making financial transactions. He is also a member of renowned organizations like CRED, IIFL Investment Managers, and Iron Pillar. He is an active angel investor with 19 investments to his credit.

Major Domains of Investment: Healthcare, Education, FinTech, Media, Information Technology

Key Investments: Inc42, Unacademy, Remitware Payments, Pocket Aces, Ziploan

No. of Investments: 19+

No. of Exits: 3+

Social Media Profile: LinkedIn, Twitter

Personal Website: tandongroup.com

21. Ritesh Malik

Ritesh Malik is a doctor turned entrepreneur who is currently the Founder and Trustee at Plaksha. Also, he is the founder of innov8 Coworking, India’s workspace brand for entrepreneurs. As a philanthropist, Ritesh Malik has founded many companies like ADIF (Architects of Digital India) and hospital Radix.

Major Domains of Investment: Robotics, Nanotechnology, HealthTech, SAAS

Key Investments: Safe Securities, Sattviko, Josh Talks, Inc42, Dukaan.IO

No. of Investments: 60+

No. of Exits: 2

Social Media Profile: LinkedIn

Personal Website: https://www.drriteshmalik.com/

22. Amit Ranjan

Amit Ranjan is another well-known angel investor who invests in early-stage startups in the US, India, and Singapore. He is currently working as an architect with the National Digital Locker Project under the union ministry of information technology (IT). As a mentor to multiple startups, Amit is also an advisor to AngelList India.

Major Domains of Investment: Not Sector Specific

Key Investments: Tracxn, Wishberry, Pepper, Yulu

No. of Investments: 15+

No. of Exits: 4+

Social Media Profile: LinkedIn

Personal Website: https://www.webyantra.com/contact-amit-ranjan/

23. Zishaan Hayath

Zishaan Hayath is the founder and CEO of Toppr.com, a personalized learning app for classes 5th - 12th. Previously, he has worked with organizations like Futurebazaar.com, Chaupaati Bazaar, Opera Solutions, and ITC Limited. As an angel investor, Zishaan has invested in famous companies like Housing.com and Olacabs.

Major Domains of Investment: Ed Tech, SaaS

Key Investments: Olacabs, Shadowfax, Wealthy, Qyk, AdPushup, Housing.com

No. of Investments: 14+

No. of Exits: 4+

Social Media Profile: LinkedIn, Twitter

24. Aneesh Reddy

Aneesh Reddy is the co-founder and CEO of Asia’s leading SaaS product company Capillary Technologies. He has previously worked as the assistant manager at ITC Limited. As a featured entrepreneur, his name finds mention in leading magazines like Forbes, The EconomicTimes, and Harvard Business Review. As a global retail expert, he works with product teams across India.

Major Domains of Investment: Not Sector Specific

Key Investments: Skillenza, Whatflix, JustLikeNew

No. of Investments: 10+

No. of Exits: 1

Social Media Profile: LinkedIn

25. Sharad Sharma

Sharad Sharma is the co-founder of the iSPIRIT foundation, and he is also a board member at the Indian Angel Network. He has rich experience in enterprise software, infrastructure market, and internet technologies.

Major Domains of Investment: Software ecosystem

Key Investments: Wishberry, Minjar, Vebbler

No. of Investments: 11

No. of Exits: 3

Social Media Profile: LinkedIn, Twitter

Use Social Media to Build Relationships

Choosing the right angel investor can be a laborious process that can take months of analysis. You may connect and engage with your target angel investors on LinkedIn and Twitter. Their recent investments announcements and regular posts may indicate their investment habits.

Communicating and building relationships can take time but it's better to do it well before you need the investment. You can leverage these relations in future when you are looking for angel investments.

Disclaimer: We have taken data from Crunchbase, CB Insights, Pitchbook, and MoneyControl for investment numbers and exit deals. Since the numbers vary across these platforms, we have taken the lower limit for the number of deals.

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