India Investors List 2020 PDF
India Investors List 2020 PDF
India Investors List 2020 PDF
Notable Investments:
Flyrobe, FreeCharge, NearBuy, GoZefo, Paper Boat, Just Dial, Citrus Payment
Solutions, Zarget, UnitedLex, Runnr, Equitas Holdings, Chillr, App Labs, etc.
Notable Investments:
TaxiForSure, Zenatix, Zopper, Chillr, FastFox, Stellapps, BHive Workspace ,
Printo, Dunzo, Purplle, Cashify, UnAcademy, InstaMojo, HealthifyMe, etc.
Notable Investments:
Workday, Myntra, Haptik, Grabhouse, Mettl, Via.com, Visionary RCM,
InstaMojo, PopXO.com, Oven Fresh, Scoop Whoop, SimpliLearn, SnapDeal, etc.
With its origin in Boston and roots dating back as late as 1977, Matrix Partners
established its presence in India in 2006. The company believes in early
investments between seed and series B funding rounds. While it prefers
acting as the lead investor and investing on its own, it has tied up with other
investors to co-invest on various projects.
Notable Investments:
ShopClues, Centre for Sight, ItzCash, Muthoot Finance, W for Women,
Chumbak, DailyHunt, Practo, Ola, Quikr, RazorPay, TreeBo, TestBook, &Me, etc.
7 USD 721 88
million
Kae Capital
Kae Capital is a sector-agnostic fund that opens its doors for any business that
possesses the potential to scale up. It prefers companies based in India and
focuses on growth, leadership, and innovation. Apart from investing in the
pre-A stage Kae Capital also follows up on Series A and B rounds funding.
Notable Investments:
Clink, CloudByte, Culture Alley, Squeakee, Eventifier, Trupay, Fynd, FortunePay,
Nudgespot, Nuiku, Airwoot, Sendd, Qubecell, AirWoot, 1mg, The Porter, etc.
12 USD 53 75
million
India Quotient
Notable Investments:
Roposo, Clip App, Grabhouse, CREO, Wealthtrust, Belita, PhotographAI,
DogSpot, LendingKart, Creditmate, Coolberg, Ketchupp, 91mobiles, etc.
11 USD 120.9 74
million
3one4 Capital
Notable Investments:
Jigsaw Academy, Ressy, Aarav Unmanned Systems, BEGiN, Yulu, YourStory,
Tripoto, Oust Labs, Licious, LoanTap, FairCent.com, Jiny, Magic Crate, etc.
2 USD 118.5 69
million
VenturEast
The home-grown early-stage fund looks for companies that can bring a
differentiated approach to the table in order to sort the unmet needs for the
Indian consumers. After having enabled more than 100 businesses operating
in Technology, Healthcare, and Life Sciences, VenturEast continues to stay
focused on mobility, financial services, food and beverage, consumer internet,
cloud technology, IoT, cleantech, and digital health.
Notable Investments:
Portea, Gland Pharma, Little Eye Labs, MosChip, Polygenta Technologies,
InOpen, Kissht, AD2PRO, Loyalty Rewardz, EdGE Networks, iNurture, etc.
6 USD 85 67
million
Aavishkaar Venture Capital
Notable Investments:
Jaypore, Kamdhenu, Milk Mantra, Zameen, Butterfly Fields, Little Laureates,
Vaatsalya, Mandala Apparel, Vortex, Swas Healthcare, Waterlife, etc.
1 USD 226.8 63
million
Orios Venture Partners
Orios Venture Partners started its operations in 2013 and has been backing
investors that were once tagged as 'misfits.' It is a seed-stage venture fund
that majorly invests in and closely collaborates with brands and startups that
are working in consumer technology.
The fund helps in various business operations ranging from capital infusion to
brand development. It looks at making 10 to 15 investments on a yearly basis
with startups in B2B, B2C, and software spaces in the Indian ecosystem as its
primary targets. The fund prefers investments in eCommerce, software, retail,
healthcare and wellness, food and beverage, fitness, SaaS, machine learning,
and food delivery.
Notable Investments:
Miss Malini, PharmEasy, ZipGo, Country Delight, Boon Box, Zostel, Pipemonk,
Sapience, JigSee, WholesaleBox, Yum Lane, PinkBlue.in, GoMechanic, etc.
7 USD 200 54
million
Saama Capital
Given that its core team comprises of experienced individuals who have an in-
depth understanding of the Indian market, Saama Capital has a broad
investment portfolio and a sector-agnostic outlook. However, the organization
has displayed a strong preference for startups in fintech or financial services,
internet technologies, SaaS, and consumer products.
Notable Investments:
Miss Malini, PharmEasy, ZipGo, Country Delight, Boon Box, Zostel, Pipemonk,
Sapience, JigSee, WholesaleBox, Yum Lane, PinkBlue.in, GoMechanic, etc.
1 USD 240 47
million
growX ventures
growX ventures have been actively backing early-stage startups since 2008.
The venture firm is primarily focused on developing and aiding tech and B2B
startups but is also open to working with other sectors as well.
So far, the company has dabbled around in fintech, software and SaaS,
consumer internet, healthcare, mobility, marketplace, analytics, and computer
vision.In addition to capital investment, the company aims to work closely
with businesses at an operational and strategic level. The team members
believe that they can use their past failures to set precedents for what should
be avoided so that the business can succeed.
Notable Investments:
Advantage Club, Meddo, Pixxel, Wellthy, ProgCap, FastFox, Jump!, AdSparx,
BiteClub, Quandl, FLO, Fynd, FortunePay, Table Hero, ZipLoan, etc.
5 NA 40
Venture Highway
With its beginning dating back to 2015, Venture Highway is a result of the
partnership between a group of friends, who are driven by their passion for
all things related to technology. Given the impressive exposure and
experience in their respective fields, the young and dynamic team members
are effectively leading the company with the vision of helping the next
generation entrepreneurs to set up and establish great enterprises.
The company prefers seed and early-stage assistance and is largely focused
on the technology sector. Additionally, it has also shown a keen interest in
eCommerce, internet technologies, mobile apps, software, agri-tech,
healthcare, and fintech companies.
Notable Investments:
BetterPlace, BuildSupply, Cars24, Chalo, CityFurnish, Farmzen, Headout, Mars
Play, Meesho, Moglix, OkCredit, StellApps, Tracxn Labs, Wealthy, Wish Fin, etc.
1 USD 39 40
million
SeedFund.in
With its humble beginnings in 2006, SeedFund has grown into an investment
firm that has been the two-time recipient of the Venture Intelligence award of
2010 and 2013. The company aims at backing early-stage and seed companies
working in various sectors. By allowing startups to establish contacts with
enterprises, SeedFund facilitates growth and development-driven network for
beginners.
Notable Investments:
Chumbak, CarWale, Fetise, Healthizen, Heckyl, Jeevanti, Nearify, Printo,
RedBus.in, SportsKeeda, Vaatsalya, Viral Mint, Think LABS, LurnQ, LifeBlob, etc.
5 NA 39
Tracxn Labs
The company covers more than 100 sectors with the internet, eCommerce,
financial services, apps, mobile, SaaS, human resources, software, education,
and recruitment featuring prominently. Tracxn Labs offers a mature platform
where companies and entrepreneurs can work closely with market and data
experts.
Notable Investments:
FabHotels, Wealthy, UnAcademy, Cookifi, Darwin Box, Twigly, Hansel.io, Tavaga,
IndiFi, WishUp, JustDoc, ft Cash, Slice Pay, Online Tyari, iimjobs.com, etc.
5 NA 38
LGT Lightstone Aspada
Notable Investments:
Aasaan Jobs, Dunzo, WayCool, EM3 Agri Services, InI Farms - Kimaye, Leaf, All
Fresh, Schedulers, Lithium, Eye Q, Shiksha Finance, Varthana, Ummeed, etc.
2 USD 17 36
million
Aarin Capital
Notable Investments:
BYJU's, Magic Crate, Wigzo, FairCent, Trip Factory, Pocket Aces, Invictus
Oncology, FAB Hotels, PharmEasy, Zimmber, HomeLane, Vyome, do Select, etc.
1 USD 100 35
million
Inventus India
The venture capital firm has primarily invested in startups that follow the
themes of eCommerce, software, information technology, internet services,
healthcare, logistics, automotive, enterprise software development,
education, and public transport.
Notable Investments:
RedBus, Insta Health, Power2SME, Funds India, Savaari, Lemnisk, cBazaar,
Policy Bazaar, HealthifyMe, Fun Toot, LBB, Shifu, Move-in Sync, Peel Works, etc.
4 USD 46.7 34
million
Lightspeed India Partners
Lightspeed Venture Partners have been actively investing in direct and cross-
border Indian companies for over a decade. Established in 2007, Lightspeed
India Partners have invested in various early and growth-stage companies
that are tech-centric in nature. However, the company has also worked with
non-technological business sectors such as finance, healthcare, education,
media, retail, and advertising.
Notable Investments:
Ebix Cash, FastFox, FreshMenu, OYO Rooms, Shuttl, BYJU's, Magic Pin,
LimeRoad, Udaan, OkCredit, Innovaccer, One Assist, RedCarpet, etc.
4 USD 310 33
million
YourNest Venture Capital
The Second Fund of YourNest explores deep tech subject matters such as
Artificial Intelligence, Machine Learning, Blockchain Technology, IoT, and
Advanced Robotics, amongst others.YourNest acts as the ladder that allows
startups to become a part of an industry-wide network. Companies also
benefit by gaining insights into the emerging ideas and trends that are set to
leave an impact on the sector.
Notable Investments:
Bookmycab, Beta Out, Miko, Trezi, CredRight, Momspresso, Orbo, 3rd Flix,
MoMark, Arya, GolfLan, Uniphore, Proof of Performance, Wings Travels, etc.
2 USD 76.4 32
million
BanyanTree Finance Pvt. Ltd.
BanyanTree Finance Pvt. Ltd. is a Venture Capital firm that acts as an advisor
to BanyanTree Growth Capital. It offers funds to middle-market companies
that promise growth prospects in the Indian economy. The firm prides itself
on supporting neglected sectors or themes and actively participates in the co-
investment strategies.
Notable Investments:
Atria Brindavan Power Ltd., Axiom Cordages Ltd., Beaver Engineering, City Union
Bank, Dee Piping Systems, Deepak Fasteners Ltd., Dilip Buildcon Ltd., etc.
3 USD 175 23
million
Unilazer Ventures
Operating since 1991, Unilazer Ventures is a private equity and venture capital
firm that specializes in early and late-stage investments. The firm operates in
the four broad areas of private equity, startup and angel, commodities,
treasury, and social.
The company has a preference for high impact sectors like agriculture,
healthcare, education, and microfinance. Further, the investment team looks
to invest in the sectors that display positive indices in its favor. The
organization offers flexibility in the handholding facility and is open to offer
assistance in the long and short run, depending on the startup's requirement.
In addition to the funding, Unilazer also brings its vast experience and
consumer understanding to the table, which adds value to the support
offered by the VC firm.
Notable Investments:
Niki, ShopClues, Yumist, Lenskart, EasyPolicy, DailyObjects.com, DogSpot,,
MeraDoctor Zivame, SilverPush,, Timesaverz.com, Indus Insights, etc.
3 USD 1.12 28
million
Lightbox
Notable Investments:
Droom, PayMate, Melorra, Parabo Press, Dunzo,, Info Edge, InMobi, Nua, Bombay
Shirt Company, MapMyIndia, Embibe, Zoomin, Rebel Foods, Furlenco, etc.
3 USD 400 26
million
Growth Story
Growth Story has been helping build startups from scratch since 2006.
Founded by a husband-wife duo, who are successful serial entrepreneurs by
themselves, Growth Story lives up to its motto of building tomorrow's giants.
The venture capital firm caters to companies that are listed in India, UK, and
the US. Thus, it possesses operational experience on a global scale. Growth
Story aims at working towards the promotion, incubation, and maturation of
greenfield ventures with a primary focus on consumer internet, technology,
healthcare, education, and consumer sector. The company offers core
business solutions that can help attract investors, shareholders, and
employees.
Notable Investments:
BigBasket, Portea, FreshMenu, Grow, HomeLane, housejoy.in, Tutor Vista,
Marketics, CustomerAsset, CredR, HungerBox, Housejoy, Verloop, etc.
3 USD 300 21
million
Lighthouse Funds
In 2008, the company acted as advisor to the India 2020 Fund I and followed it
up by advising India 2020 Fund II in 2014. The firm seeks out consumer-
centric enterprises that are not only relevant in the current scenario but will
also emerge relevant in the future or the long run.
Notable Investments:
V2 Retail, Arkis BioSciences, UNIBIC, FabIndia, Capital Trust, Aqualite India, Nykaa,
Duroflex Pvt. Ltd., Suraksha Diagnostics, Stylam, Indian Herbs, WOW! Momos, etc.
3 USD 388 20
million
KITVEN
Karnataka Information Technology Venture Capital Fund (or KITVEN Fund) has
been operational since 1999 and enjoys the backing of State and Central
Government-run financial institutions. As the name suggests, the Venture
Capital invests in emerging companies that display a promising future in
information technology, biotechnology, and other technology knowledge-
based industrial sector. Startups operating in the field of Semiconductors,
Animation, ESDM, Visual Effects, Comics, and Gaming can also apply.
Notable Investments:
Telematics4u Services, VIDTEQ India, Pawaa Software, String Bio, Open App,
Bluarmor, BluArmor Helmets, Pandorum Technologies, Zumutor Biologics, etc.
3 USD 8.3 18
million
Aurum Ventures
Notable Investments:
Spice Jet, N-Trig, DuneNetworks, Civcom, Zebra Medical Vision, PolyPid,
Youth4Work, LifeBond, Nephera, BPT, Glucon, etc.
3 NA 17
Catamaran Ventures
Catamaran Ventures derives its name from the Kannada word "Kattumaram,"
which is a twin-hulled boat that is swift, stable, and agile. True to its name, the
family-owned organization offers stability and agility for companies to reach
their full potential swiftly. In addition to being sector-agnostic, the firm
displays portfolio diversity as it invests in venture capital, private equity,
public markets, and joint ventures. Further, it has invested at various stages of
startup development, right from a very early stage to a very late stage.
Since the capital raised is domestic in nature, it is not FDI restricted, which
also grants the company the flexibility in terms of investment size and
structure.
Notable Investments:
Lookup, Paper Boat, Monica Healthcare, Acko General Insurance, Innoviti,
Coverfox Insurance, Healthspring, Bloom & Wild, YeBhi, etc.
3 NA 15
Rajasthan Venture Capital Fund
Notable Investments:
Yatra, Aujas Networks, SoftTech Engineers, WholesaleBox, Wooden Street,
Mosambee, Nextenders, Cancer Therapy Centres, Chatha Foods, etc.
3 NA 14
Investopad
Notable Investments:
Zenatix,Mypoolin,Blink,Elemential,Katerra,HyperTrack,Octo.ai,Wealthy,Meesho,Pa
yTM,Snaplion,Mavin,Autonomic, etc.
3 NA 12
One97 Mobility Fund
Notable Investments:
Targeting Mantra, MobiSwipe, CIQUAL, The Mobile Gamer, Dexetra, Plivo, App
Surfer, Zepo, PayTM, Engrave.in, AppSurfer, IIMJobs, Chhotu.in, etc.
3 USD 100 1
million
The Smart Start Fund
Apart from having its base in India, SmartStart boasts of having a strong
presence in Dubai (UAE) and Silicon Valley (USA) as well. However, the
company is open to investing in global opportunities and is geography-
agnostic. In order to let the startup thrive, the organization believes in keeping
its bureaucratic overhead as minimum as possible while conducting a chunk
of business online.
Notable Investments:
YouPlus, STILT, Wand Labs, Remitware Payments, ZopHop, Shifu, OneShop,
EdCast, Pext, GOQii.
3 NA 10
Reliance Capital
Given the diversity of the parent organization, Reliance Group practices sector
neutrality and is open to investing at the seed and early stage of various
startups. However, the company's historical records indicate that it has a
strong inclination towards businesses that offer financial services like asset
management, insurance, commercial and home finance, etc.
Notable Investments:
Yatra, TeamLease Services, Dr. Lal PathLabs, ToneTag, BillionLoans, Amber Group,
HG Infra Engineering.
3 USD 14.4 7
billion
IvyCap Ventures
Notable Investments:
Purplle, BeYouPlus, Pharmarack, Biryani By Kilo, ftcash, Clovia, Lendbox,
GrabOnRent, BlueStone.com, Aujas Networks, OnlineSales.ai, etc.
2 USD 132.8 29
million
Canbank Venture Capital Fund
Canbank Venture Capital Fund Ltd. (or CVCFL) is the wholly-owned subsidiary
of Canara Bank and a premier domestic Venture Capital Fund. With over two
decades of experience, it is one of the earliest Venture Capital management
companies in India. CVCFL has invested in several promising companies, aided
progress, and posted successful exits within the sphere of the Indian
economy.
The fund aims at building businesses and value creation through a pragmatic
operational approach. It follows a General Fund policy and practices sector
neutrality. Hence, the company enjoys a diverse portfolio in various lines of
business. Various Public Sector Banks, Financial Institutions, and Insurance
Companies contribute to the fund's corpus.
Notable Investments:
KEY Difference Media, Prolific India, Renewable Energy Systems, KLT Auto,
Unitherm Engineers, Scorpio Engineering, RK Group, StartupXseed Ventures, etc.
2 USD 308 27
million
Zodius Capital
The company claims to develop one company every six months and follows a
collaborative approach with its portfolio companies to speed up and shape up
for stellar growth and profitability. The Zodius team makes good use of its skill
and experience through its deep involvement in strategy-building, finance,
sales and marketing, M&A, and performance of the partner startups.
Notable Investments:
Fresh Menu, Zyfin, OfBusiness, MedGenome Inc., MarketsandMarkets Research,
PepperFry, BigBasket, Allygrow Technologies, Appsdaily Solutions, etc.
2 USD 155.3 24
million
Sixth Sense Ventures
Sixth Sense Ventures is flexible in terms of size and stage of the investment
provided that the business caters to the consumer requirements in an
efficient manner. It backs first-generation entrepreneurs and startups that are
looking to scale up their business.The company relies on its intuitive ability to
identify the key startups that are capable of carving a niche for themselves. It
assesses the entrepreneur or startup based on their foundational idea and
accompanying capabilities rather than the capital, as it is capable of plugging
such gaps.
Notable Investments:
Bira 91, My Healthcare, Soothe Healthcare, AVG Logistics, Veeba Foods,
SMAAASH, Hindustan Foods, Ethos Watch Boutiques, Weddingz.in, etc.
2 USD 67.7 21
million
Unicorn India Ventures
Notable Investments:
Boxx.ai, VanityCube, Pharmarack, OPEN, Open App, Clootrack, Sequretek,
Inntot Technologies, GrabOnRent, Smartcoin, Inc42, Roder, etc.
2 USD 159.6 21
million
SIDBI Venture Capital
SIDBI Venture Capital Ltd. (SVCL) is the venture capital subsidiary of the Small
Industries Development Bank of India (SIDBI). Incorporated in 1999, the VC
firm has been highly active in the MSME sector and invests in the early-stage
of startups.
Notable Investments:
Grab, HolaChef, Capital Small Finance Bank, SuperZop, Mobisy Technologies,
ZappFresh, Corporatedge, SSP Advantage, Glocal Healthcare, etc.
2 USD 58 19
million
Speciale Invest
It seeks out companies that require long-term investments and are capable of
introducing a disruptive technology for enterprises and consumers. Apart from
its headquarters in Bengaluru, the company also has an office in Chennai.
Notable Investments:
CheckGaadi.com, Kawa Space, CynLr Astrogat,e Labs, Wingman, Agnikul
Cosmos, PaperVC, Surukam, Genylabs, Pocket52, Scapic, FrontdeskAI, iauro, etc.
2 USD 20 17
million
BlackSoil
The primary purpose of setting up BlackSoil in 2010 was to offer advisory and
financial solutions to high growth companies, startups, and entrepreneurs.
The organization is actively involved at every stage of the development of the
enterprise. It also conducts business in matters related to BlackSoil Capital
Pvt. Ltd., an NBFC offering debt facility, and BlackSoil Realty Fund, which
injects capital in the real estate sector.
Notable Investments:
Nearbuy, NowFloats, CredR, Rubique, Industrybuying, eShakti.com, GoBolt,
WebEngage, Truweight, Chumbak, iNurtutre, Intelligence Node, etc.
2 USD 28.1 15
million
Contrarian Drishti Partners
Since 2013, Contrarian Drishti has been helping out companies that possess
the "it" factor that makes them stand out. The organization focuses mainly on
underdeveloped and under-penetrated sectors of the Indian economy. It
seeks companies that have the vision of charting the undiscovered territories
and leveraging technology to exploit favorable market trends.
Given that the Contrarian Drishti team comprises of skilled and experienced
investment professionals from various backgrounds, the company is sector-
agnostic. However, it displays a strong preference for healthcare, education,
food, utilities, energy, agriculture, and financial services industries. The firm
manages the Contrarian Vriddhi Fund, which is aimed at supporting early-
stage businesses.
Notable Investments:
Minjar, Bookmycab, Pratilipi, Progcap, Brun Health, Signzy, Crediwatch, Zestl,
Wholesalebox, Squad, OnlineTyari, Joybynature.
2 USD 10 14
million
Jupiter Capital
Notable Investments:
URDoorstep, AcadGild, Asianet News, Indigo 91.9 FM, India Linx, Raaga
Associates, VijayDurg Ports Pvt. Ltd., Republic, IL&FS, Private Air, Niraamaya, etc
2 NA 10
Next Orbit Ventures Fund I
Next Orbit Ventures is a multi-asset fund management firm that invests in the
debt and equity of growing startups and companies. In doing so, the
organization not only generates superior returns for its partners and
investors but also helps add sustainable value to the enterprises.
Since its conception in 2012, Next Orbit Ventures has been extraordinarily
active in partnering with other Venture Capital firms to work closely with
budding entrepreneurs and businesses. The company is willing to investing in
startups across a range of sectors, industries, and geographies. It infuses
value in startups through venture capital, private equity, public equity, and
debt investments. Additionally, the company also contributes via
unconventional business solutions.
Notable Investments:
The Ratnakar Bank, PNB Housing Finance, Thyrocare Technologies, Primarc,
Mercator Lines, FemtoDx India, Kirloskar Electric, Actofit.
2 NA 9
Rabo Equity Advisors
Rabo's Investment Team leverages the data collected through reliable sources
like Food & Agribusiness Research and Advisory. Given its extensive
experience and historical track record, Rabo Equity Advisors has a lot to offer
to portfolio businesses.
Notable Investments:
Cremica Food IndustriesLT FoodsParijat IndustriesBeloorBayir BiotechPrabhat
DiaryVacmet India Ltd.
2 NA 7
Uniqorn Ventures
Upon identifying the prospective partner, Uniqorn Ventures work closely with
the core team to understand the prototype, gauge the market opportunity,
and assess the scalability of the business. It promises to stand by its partners,
even in adverse conditions and plan to stay invested in the long run.
Notable Investments:
Chillr,TongueStun,Bewakoof,Velvetcase,Docplexus,Zakoopi,RustOrange.
2 NA 6
TrustCapital
Notable Investments:
Clear2Pay,Algonomics,Complix,Webforia.
2 NA 4
Claris Capital Limited
Since its inception in 2015, Claris Capital Ltd has been acting as a subsidiary of
Claris Lifesciences Limited. It has an avid interest in pharmaceuticals,
healthcare, education, energy, agriculture, and other new-age industries that
will revolutionize the Indian market. Further, it aims at expanding into fashion,
consumer industry, and fintech as well.
Notable Investments:
KiviHealth, Wotu Technologies, Hyperpure.
2 NA 3
Goldstone Technologies Ltd
Founded in 1994, Goldstone Technologies Ltd. finds itself listed on BSE and
NSE Ltd. Apart from corporate offices in Hyderabad, Mumbai, New Delhi, and
Bengaluru, the company is also present in the US. It works primarily in the
Business Intelligence and IT Service sectors.
Notable Investments:
CanSinoBIO,Ourpalm.
2 NA 2
Exifinity Venture Partners
The company looks for founders who have a working understanding of the
market, have prior experience, and excel in their relevant field. Startups
working in the areas of Mobility, Cloud, IoT, AI, Data Analytics, and Software-
defined hardware are more attractive to Exfinity. It combines fresh capital
infusion, a world-class mentorship program, and a nurturing entrepreneurial
ecosystem to launch the business venture towards success.
Notable Investments:
Locus.sh, CloudSEK, Deep Vision, Jump AI, MoEngage, IQLECT, Fitternity, AgShift,
Shotang, PrimaryIO, ABSENTIA, Mad Street Den, Uniken, etc.
1 USD 119.2 31
million
Astarc Ventures
Astarc Ventures is a venture capital firm that has been operational since mid-
2015. It is a wholly-owned subsidiary of the Astarc Group. Being an early-stage
partner, it aims at forming long-lasting relationships with its portfolio
companies. By leveraging its experience, Astarc plans on imparting quick and
sustainable growth to its partners.In terms of investment focus, the company
has two main themes, namely, Strategic Theme and Sector-Agnostic Themes.
The former relies on the core business functions of the Astarc Group, while
the latter is an extension into other branches of consumer lifestyle and
preferences. In addition to being open to businesses and technologies across
all sectors, the company is also independent of the geographical location.
Notable Investments:
Rapido Bike Taxi, Cashcow.ai, Space Angels, Khidki, ION Energy, 9stacks, Purple
Style Labs, Infinite Analytics, Woopl, PharmEasy, ABSENTIA, etc
1 NA 28
GVFL
Given its vast experience, GVFL possesses deep insights into the complete
growth cycle of startups. The company credits its success to its passion for
conducting a detailed assessment of business management credentials and
market viability. Their team of professionals are highly skilled not only to
identify promising businesses but also to help them reach their aspired
destination.
Notable Investments:
Ecotrail Personal Care, FORMCEPT, Chajjhed Foods, Vidooly, Varmora Plastech,
Schedulers, SITAC RE, Alfa Corpuscles, Amrita Therapeutics, etc
1 NA 25
CIIE
Notable Investments:
Trillbit Technologies, Mantis Technologies, FlyBird Innovations, vPhrase,
Awaaz.De, Parvata Foods, Eashmart, Gridle.io, Thrillophilia.com, etc
1 NA 25
NuVentures
Notable Investments:
WealthApp,DailyNinja,Curejoy,Parentlane,Ampere,Vokal,YourDOST,Thrillophilia.
com,Scripbox,Zansaar,Nomadly,CapriCoast, TapChief, Zenprivex, etc
1 USD 30 23
million
Endiya Partners
Endiya Partners invests in IP-led Indian product business ventures that appear
to be promising on the global scale. It makes use of its extensive and deep
domain expertise paired with vast and exhaustive entrepreneurial and
operating experience to co-create scalable businesses. Since 2016, the
company has been offering strategic and operational support to startups.
Glancing through its portfolio, one can see that the firm has a leaning towards
companies operating in healthcare, technology, and tech-enabled business
sectors.The company works towards bridging the funding gap prevailing
between the Angel and Series A funding drives. They reach investment
decisions upon considering the momentum, market size, and the kind of
business solutions offered by the startup.
Notable Investments:
Cygni, Steradian Semiconductors, Slang Labs, Cure.fit, Advancing AI Compute,
Shield Square, Kissht, SigTuple, Darwin Box, eKincare, Hansel.io, InnerChef,
1 USD 65.7 21
million
Windrose Capital
Notable Investments:
Supreme Trans Concepts, Nivesh.com, Mitra Robot, Precily, INC., Blue Sky
Binary, Platify, PaperVC, Biddano, Commshala, ideaFORGE, ClearDekho, etc.
1 USD 30 15
million
Pi Ventures
With its foundation dating back to 2016, Pi Ventures looks for technology-
based startups that are making headways in the fields of Artificial Intelligence,
Machine Learning, and the Internet of Things (IoT) to solve consumer
problems. The company understands the deep penetration of technology in
the Indian markets, making it a hotspot for the introduction of disruptions.
Notable Investments:
Wysa, SwitchOn, SigTuple, ten3T, FrontdeskAI, NIRAMAI Health Analytix,
TRANSPER, Locus.sh, Customer Success Box, Owe Me, Zenatix, etc.
1 USD 35.2 17
million
SenseAI Ventures
On the basis of the practical skills and experience gathered through years,
SenseAI team works with founders at the various stages of funding, branding,
product development, and deployment. SenseAI looks out for businesses in
the fields of mobility, transportation and logistics, healthcare, risk
management, fintech, media and communication, retail and eCommerce,
automotive, and manufacturing, bearing an AI-component at its core.
Notable Investments:
Jovian, Tripeur, Cure Skin, Monet, NewsBytes, Assured Risk Cover, Frrole.ai,
Ridlr, Artivatic.ai, ThirdWatch, FabAlley, InThree Access, Orahi, TapChief, etc.
1 NA 17
Tata Capital
Notable Investments:
Sun Catalytix, AlefEdge, Lendingkart Finance, Brinton Pharmaceuticals, Farcast,
Sea6 Energy, Nearex, Innoviti, Vaultize, Vortex Engineering, Vanu, etc.
1 USD 44.84 16
million
50k Ventures
Hence, value creation forms a critical part in building the startup. 50k Venture
outlines a structured process, which could help with the startup's operations,
and strategy-formulation, thereby giving the startup the competitive edge.
Through its mentorship program, the company attempts to offer more than
just financial resources by exposing the portfolio companies to their network.
It helps combine money, people, and knowledge to form a winning strategy.
Notable Investments:
Commut, Book My Bai, Cholr, PeeSafe, Automate.io, NicheAI, i-lend, Evolve
Snacks, Fabulyst, KhanaGadi, MyDidi, Norah AI, Zify, AppsFly.io etc
1 NA 13
ANGEL INVESTOR
Angel Investors are also known as Individual, private,
seed investors or angel funders. An Angel Investor is
an individual who has a high net worth and is open to
offering financial assistance to small startups and
entrepreneurs. Essentially, they are individuals who
have both the finances and desire to help cash-hungry
startups.Typically, the investment is in exchange for
equity ownership in the company. Quite often, an
angel investor is either a friend or a family member
who has excess funds and is looking for higher
rewards on their investment as compared to
traditional instruments.They usually provide a one-
time investment to help the startup get off the ground
or to support it through difficult stages. Angel
investors are more focused on building sustainability
in startups than gaining through profitability. Hence,
they are considered to be more startup-friendly as
compared to other "predatory" forms of funding.
Rajan Anandan
Notable Investments:
Zenatix, Threadsol, Mypoolin, InstaLively, Innov8 Coworking, EasyGov, Wirwoot,
Trell, PregBuddy, SimSim, Styledotme, Dunzo, FreshtoHome, UnAcademy, etc.
7 NA 64
Binny Bansal
Binny Bansal, a Computer Science Engineer from IIT Delhi, started his career
as a Software Engineer at Amazon. Using his knowledge and experience in the
eCommerce sector, he brought about a revolution with Flipkart, an Indian,
home-grown eCommerce platform that he co-founded with Sanchin Bansal.
After his stint as a founder, he took on the role of an angel investor to help
other founders like himself. His investment patterns hint at a preference for
information technology, internet, and fintech startups. In 2018, Binny also
founded Xto10X, a software and consulting firm that covers the startups
active in the South East Asian markets.
Notable Investments:
Roposo, Mobikon, Terraview, Masaba, Sig Tuple, Increff, Crio.Do, CureFit,
Stellaps, Unacademy, MadRat Games, SHEROES, InShorts, TouchTalent, etc.
1 NA 35
Anupam Mittal
After having earned an MBA from Boston College in 1998, Anupam Mittal
started his entrepreneurial journey by launching People Group, a New Media
and Entertainment group that covered businesses like Shaadi.com,
Makaan.com, People Pictures, and Mauj Mobile. People Group was soon
hailed as the most innovative enterprises of India with Anupam Mittal
featuring highly on BusinessWeek's list of India's 50 Most Powerful People.
Notable Investments:
PipeMonk, Blink, Betaout, CityFlo, Trell, SimSim, InnerChef, DailyNinja, Rapido,
YumLane, Bharat Bazaar, OLA, Zepo, LetsVenture, Vebbler, HashLearn, etc.
4 NA 35
Kunal Bahl
Notable Investments:
Zenatix, Fynd, Betaout, Gigstart, Flyrobe, MamaEarth, ShadowFax, Jugnoo, Bira
91, MoEngage, Ola, Zumbl, UrbanClap, Razorpay, Indus OS, Rapido, Belong, etc.
5 NA 33
Kunal Shah
Kunal Shah is well-known for his business ventures like FreeCharge and CRED.
He graduated with a Bachelor's degree in Arts (Philosophy) from Wilson
College, Mumbai, after which he pursued an MBA from Narsee Monjee
Institute of Management Studies before dropping out. He kickstarted his
professional life as a junior programmer at a BPO before laying the
foundation of PaisaBack, a platform that granted cashback offers to organized
retailers.
Notable Investments:
Innov8 Coworking, Flyrobe, Dil Mil, Khatabook, TapChief, Unacademy, Zilingo,
LifCare, TableHero, Daily Ninja, Cookifi, Twigly, LiquiLoans, MyScoot, etc.
4 NA 30
Rohit Bansal
Rohit Bansal is an ex-alumnus of IIT, Delhi, and has a Bachelor's and Master's
Degree in Computer Science Technology. Rohit Bansal and Kunal Bahl
together founded Snapdeal, an online marketplace for the Indian consumer.
He currently holds the position of Chief Operations Officer (COO) at Snapdeal.
In addition to his own business ventures, Rohit is also an avid angel investor.
Notable Investments:
Bira 91, Leena AI, MamaEarth, FlyRobe, Fynd, LetsVenture, Indus OS, Zenatix,
UrbanClap, Betaout, Belong, Zinier, Headout, Razorpay, Gigstart, Routofy.
5 NA 29
Mohandas Pai
Notable Investments:
Ressy, JustDoc, ZoomCar, TaxSutra, Magic Crate, Velvetcase, Connect India,
Tracxn, Online RTI, SavvyMob, Verloop, Licious, KleverKid, YourStory, etc.
3 NA 29
Vijay Shekhar Sharma
Notable Investments:
DealStreetAsia, Flyrobe, Kawa Space, GOQii, Unacademy, TapChief, Milaap,
Hiver, SourceEasy, Wishberg, The Ken, Nurturing Green, FactorDaily, etc.
3 NA 26
Anand Chandrasekaran
Notable Investments:
Fynd, Khatabook, SHEROES, WittyFeed, Nexkey, Verloop, BabyChakra,
Buttercups, Splitkart, Aisle, Gamezop, Rentongo, ORO Wealth, etc.
2 NA 23
Rajesh Sawhney
Notable Investments:
NightStay, InstaLively, Playcez, Viki, eBikeGo, CityMall, Hungry Foal, Param, ORO
Wealth, Hipcask, Rentongo, Zocalo, Overcart, ZAPR, GreyOrange, etc.
5 NA 22
Girish Mathrubootham
Notable Investments:
Zarget, ShieldSquare, Innov8 Coworking, InkMonk, Frilp, Betaout, SpotDraft,
PickYourTrail, Pando, Zenprivex (ZPX), FactorDaily, Paperflite, Whatfix, etc.
6 NA 22
Zishaan Hayath
Zishaan also helps with the operations of Powai Lake Ventures, a Mumbai-
based angel investment club dedicated to supporting entrepreneurs from IIT-B.
Interestingly, Zishaan is an IIT-B alumnus himself. During his tenure at IIT-B, he
earned the Institute Citation and two Institute Colors. He was conferred with
the Young Alumni Achiever Award in 2015. Apart from making his mark in the
startup ecosystem, Zishaan is a passionate traveler and a photographer.
Notable Investments:
Pickingo, Orobind Fitness Technologies, Housing.com, Flyrobe, OfficePlace,
ShadowFax, Wealthy, BookEventz, Ample Wholesale, Qyk, Squad, AdPushup.
4 NA 13
Pallav Nadhani
On the other hand, the latter helps in the creation of open-source visual
libraries.Pallav has invested in nearly 25 companies across the Indian and US
markets. He is extremely keen on investing in startups exploring Business
Intelligence. In addition to being an Angel investor, he is open to partnering
with companies that focus on data visualization.
Notable Investments:
iimjobs.com, ShieldSquare, Minjar, Betaout, Skillenza, Nutanix Beam, The Ken,
Snapshopr, Artifacia, My Child, Healthify Me, Eduora.
4 NA 12
Phanindra Sama
After acquiring a B.E. (Hons.) in Electrical and Electronics Engineering from BIT
Pilani and a course in Computer Networks Proficiency from the Indian
Institute of Science, Phanindra Sama founded RedBus. RedBus emerged as
India's leading bus ticketing company and organized a once unorganized
sector. When RedBus was acquired by Naspers, Phanindra went on to start
Kakatiya SandBox, an enterprise offering working solutions to local problems.
The Kakatiya SandBox initiative also took off flawlessly, highlighting the man's
visionary quality.Phanindra Sama went on to pursue management,
economics, and finance-related courses from the Swedish Institute, Stanford
University, and King's College London. In 2019, he became a part of Young
Global Leader at the World Economic Forum. He is an avid investor in seed-
stage businesses.
Notable Investments:
ShieldSquare, InkMonk, Betaout, Jiny.io, Opentalk, Fyle, Unacademy, YourDOST,
My Ally, Gamezop, DailyObjects.com, galleri5, InnerChef, Belong, Skillenza, etc.
3 NA 18
Haresh Chawla
Upon ending his Viacom18 stint, he became a partner at True North, India's
earliest home-grown private equity fund.He has a Master's Degree in Business
Administration from IIM Calcutta and has completed his graduation in
Bachelor of Technology from IIT Bombay. Haresh maintains a very diverse
investment portfolio with investments in companies that are engaged in the
real estate sector to startups offering financial services.
Notable Investments:
Jaypore, Housing.com, Grab, Niki, Cred, Typeset, Indiez, Table Hero, Chef's
Basket.
3 NA 12
Amit Ranjan
Amit continues to fuel his passion for startups by speaking at conferences and
enrolling in mentorship programs. As a seed-stage angel investor, he is always
on the lookout for startups that possess the potential to disrupt the Indian
markets.
Notable Investments:
MyPoolin,BetaOut,TapChief,Elemential,Lucideus,Wishberry,Locus.sh,InstaLively,
Squad,AdPushup,Touchtalent.
3 NA 11
Prashant Malik
Notable Investments:
Myra, Hinge, Appiterate, Touchtalent, Shadowfax, OfBusiness, Elemential,
LeagueSX, ThetaRay, JUMP Bikes, VAYAVISION, Zebra Medical, Vision Ltd., etc.
3 NA 8
Utsav Somani
Notable Investments:
Innov8 Coworking, DoorMint, Dose FM, Testbook.com, Tavaga, CoinDCX,
GroMo, BharatPe, Mall91, Stranger & Sons, Sugar, LogiNext, Oye Rickshaw, etc.
3 NA 7
Vikram Chachra
Notable Investments:
Ressy, MassBlurb, InkMonk, Moovo, OnlineTyari, CBREX, Carwale.com, HCG
Global, ExeTap, MoneyTap, Blue Tokai, Eatigo, Signizy.
3 NA 7
Kris Gopalakrishnan
Notable Investments:
Vahdam Teas, Verloop, HungerBox, Planys Technologies, Crayon Data, Grow
Fit, Unbxd, Acko General Insurance, SigTuple, Verloop, FirstCry.com, etc.
2 NA 21
Sandeep Tandon
Notable Investments:
Pianta, FlyRobe, Atomberg Technology, Progcap, Spinny, Unacademy, Pocket
Aces, Bharat Bazaar, ShaadiSaga, Remitware Payments, LifCare, etc.
2 NA 17
Sharad Sharma
Notable Investments:
MyPoolin, Minjar, Vebbler, Wishberry, IntensAquatica, Amigobulls,
LetsVenture, Ciafo, Frrole, ADDA, i7 Networks.
2 NA 13
Naveen Tewari
Naveen Tewari is the man behind InMobi, through which he aims to redefine
mobile advertising through a user-first approach. In addition to floating
startups, Naveen has fuelled nearly 30 startups from its seed stage through
angel investing and technical and operational support.
Notable Investments:
Zimbber, Mettle, Kaarva, Woopl, Springboard, Indus OS, Razorpay,
LetsVenture, Mango Games, ZAPR.
2 NA 10
Aniruddha Malpani
Notable Investments:
Raincan, AllizHealth, Multibhashi, Creditas Solutions, Instinct Innovations.
Primaseller, Urjas.
2 NA 9
Vishal Gondal
Notable Investments:
Instablogs, Innov8 Coworking, Remitware Payments, Hullo, Inc., InnerChef,
Headout, Flipsicle.
2 NA 7
Ajeet Khurana
Notable Investments:
WittyFeed, Leaf Wearables, Raincan, Stitchwood, Medd.
2 NA 5
Sundeep Gupta
Notable Investments:
SR Creations, Gupta Tutorials Indore, Fluids Multimedia, M Learning,
Neelamber Commercial Transport Exchange.
2 NA 5
Rajiv Mehta
Rajiv Mehta started his tryst with the business world by becoming a member
of the Indian Angel Network. As a member of IAN, Rajiv helped assess and
evaluate startups based in Bengaluru and provided evangelist services to
them. His degree in M.Sc. from the University of Pennsylvania allowed him to
make rational and dynamic decisions that worked in his favor.
Through Arvind Fashion Brands and Sports Lifestyle Ltd., Rajiv gained
additional exposure to managing and heading operations in the retail
industries. Soon enough, he kickstarted his entrepreneurial journey as the
founder and director of KAN DFY Sports Pvt. Ltd.As an angel investor, he seeks
companies working in the consumer service sector. He is currently the CEO of
Stovekraft Limited, the 750 crores parent company to Pigeon and Gilma brand
of kitchen appliances.
Notable Investments:
SmartPocket, Fynd, The Blue Book, fourseven.
2 NA 4
Sandeep Aggarwal
Notable Investments:
Shopsity, ShopClues, Wydr.
2 NA 3
Abhishek Rungta
Notable Investments:
iimjobs.com,Betaout,Eduora.
2 NA 3
NETWORK
As we already know, Angel Investors are preferable
over Venture Capitalists. However, with different Angel
Investors having different interests, it is not very easy
to grab the attention of an active Angel.In this case,
founders and entrepreneurs can get in touch with an
Angel Network. Connecting with an Angel Investor
Network gives them the opportunity to pitch to new
investors, who are looking for attractive investment
deals. On locating the Investors' Network, you can
browse through the members to identify prospective
investors. Hence, even if your preferred Angel is not
investing actively, you may be redirected to another
one who does! Plus, if your business idea appeals to
them, they may even use their connections to rope in
other investors to pool in a larger fund and
investment a more significant sum in your business.
That's clearly a win-win!
Mumbai Angels
Mumbai Angels is an Indian angel investment network that has been active
since 2006. The group works towards bridging the gap between
entrepreneurs with investors and help their respective sectors flourish. From
capital infusion to experience sharing platforms - Mumbai Angels facilitate
everything that a startup needs to grow.
Notable Investments:
Myntra, Betaout, Exclusively, FortunePay, BookmyCab, Karmic Lifesciences,
NowFloats, AllizHealth, Threadsol, ZipDial, MassBlurb, Plustxt, Qubecell, etc.
18 NA 123
Indian Angel Network
With its establishment dating back to April of 2006, the Indian Angel Network
acts as a platform to connect established founders and entrepreneurs with
new businesses and startups and posing them as investment opportunities. In
addition to the capital, IAN is also capable of facilitating mentorship that helps
new companies gain exposure. Further, due to the presence of a diverse set
of experts, any risk associated with a startup could be avoided at the early
stages.
The Indian Angel Network is an early and seed-stage investor with interest in
companies working in the themes of eCommerce, agriculture, software,
healthcare, education, social impact, SaaS, IT, internet, social media, travel,
and food and beverage.
Notable Investments:
Thinkerbell Labs, Coolberg, PlusPin Healthcare, Wizikey, PublicVibe, Propelld,
AGATSA, Sattuz, Nocca Robotics, Box8, ClooTrack, PregBuddy, 6Degree, etc.
Notable Investments:
Supr Daily, BookmyCab, Siftr Labs, Kratikal, Everest Fleet, LenDen Club, Jadooz,
Aibono, The Bohri Kitchen, Inc42, Arcatron Mobility, Coolberg, Haazri, etc.
6 USD 19.75 78
million
Lead Angels Network
Lead Angels Network is India's first angel network that is focused on business
ventures founded by IIT alumni. Founded by a team of three members from
IIT Bombay, this network has been actively investing in early-stage fundings
since its inception in 2014. The group evaluates the health and performance
of a company before identifying the nature of assistance that aims to extend
to the investees.
The network is sector agnostic and has been growing at a rapid pace and has
launched chapters in Ahmedabad, Bangalore, Hyderabad, and New Delhi as
well. It shows a strong preference to businesses in eCommerce, food and
beverage, software, taxi services, internet, food delivery, travel, and rental
sectors.
Notable Investments:
Supr Daily, AHA Taxis, Belita, Timemytask, Hoopy, HelloVerify, Conzumex
Industries, DRIVEU, Kaarva, BookEventz, Zestl, PlayX, PurpleDocs, CarveNiche. etc.
4 NA 26
Hyderabad Angels
In addition to working with Indian startups, the network also seeks out
investment opportunities in the USA, UK, AUE, and Singapore for the investor
members. Due to the expansive composition of the network, the portfolio of
Hyderabad Angels is also quite diverse. A big chunk of its investments has
been made in the field of education and internet technology.
Notable Investments:
NowFloats, Betaout, Toch, Skillenza, VideoKen, ZineOne, IndianMoney, RealBox
Data Analytics, Online Prasad, Thrillophilia, Explara, Twigly, etc.
2 NA 26
Calcutta Angels
Notable Investments:
Catapooolt, Purple Style Labs, Seenit, Vehico, Zeroinfy, Purple Style Labs,
CoHo.in, Roder, CarveNiche, Logic Roots, Klip.in, Ketto, iKure Techsoft, etc.
2 NA 18
ah! Ventures
The network works towards bridging ideas with opportunities. It has been
active in industry sectors like education, internet, and online portals, travel
and tourism, and gaming. It prides on being able to identify and help
flourishing business even at the times where market conditions are adverse.
Notable Investments:
Catapooolt, Ketto, DriversKart, iTraveller, Inc42, Ask.Careers, Smart Insitute,
Corefactors, MiStay, Ocky Pocky, Shirsa Labs, News Bytes, Unocoin, etc.
3 NA 44
The Chennai Angels
The Chennai Angels networking group is particularly useful for newbies who
are just starting their entrepreneurial journey. This is because the investors
are ready to dedicate an ample amount of time to guide the new business
along the life cycle.
Notable Investments:
Betaout, CloudCherry, SwitchON, NanoClean, Get My Parking, GoBumpr, Chai
Kings, Qyk, Nojoto, Brag, Zoment, Vimania, Ketto, POPxo, Velvetcase, etc.
2 NA 44
SucSEED Venture Partners
SucSEED Venture Partners are driven with the motive to set up an enabling
environment that will help new startups and innovators flourish in the Indian
market. It ties up with various mentors, accelerators, venture partners, talent-
hungry management team, and angels from various sectors to help promising
businesses. The network members raise, facilitate, promote, provide, and
support capital infusion at seed funding stages to ensure that the startup
takes off.
It has been active since 2016 and has invested in education, information
technology, internet, robotics, advertising, iOS, financial services, data
analytics, real estate, and freelance services.
Notable Investments:
Sportido, Eunimart, TapChief, i2ifunding, Letz Connect, Xplorabox, Leadstart,
PayMatrix, OckyPocky, srJna, sumHR, Insense, Multiply my leads, Stockal, etc.
- NA 17
Chandigarh Angels Network
Notable Investments:
Kivi Health, Paymart India, Leegality, sumHR, Kobster, INC42, Tpot, Healers at
Home, LetsEndorse, Biryani by Kilo, Yolo Health ATM, T JumboBasket, etc.
1 NA 17
Snow Leopard Technology Ventures
A close look at its portfolio indicates its preference for apps, fintech, food and
beverage, blockchain technologies, consumer and consumer goods,
eCommerce, mobile payments, and banking sectors.In addition to raising
investments, Snow Leopard Technology Ventures contributes to professional
training and acts as an advisory for startups.
Notable Investments:
LivQuik, Good Chain, Blue Tokai Coffee Roasters, Stashfin, Jugnoo, Voylla, etc.
1 NA 9
The Phoenix Fund
NA New Delhi
The Phoenix Fund is an angel group that is backed by the cumulative decades
of experience gathered by way of its esteemed group members. It is focused
on investments and asset management services and solutions, which they
assume to be the only constant in the dynamic and ever-changing area of
Indian entrepreneurship.
The network monitors the technological changes, intrinsic value changes, and
other transformations and leverages this information to empower startups
and founders in their ventures. The Phoenix Fund has an understanding of
the multiple asset classes, which appeals to its investor audience. The capital
generated through these fundraising initiatives is put to use as Angel and VC
capital to sponsor the growth of startups working on disruptive technologies.
Notable Investments:
FindYahan, Aarav Unmanned Systems, etc.
1 NA 2
Z Nation Lab
The network enjoys a strong industry connect and presence not only in India
but also in the Silicon Valley of the US. Based on the venture's stage, sector,
and founder, the network makes the decision on which businesses fall in line
with their ideologies and their scalable potential. It has a leaning towards
startups working in the software, internet, information technology, apps, and
eCommerce domains.
Notable Investments:
Hotify, Cloosiv, Lokal, Khabri, Keynua, Officepulse, sumHR, XploraBox, Savvy,
ZiffyHomes, Ubits, Spacifii, Voicery, Mirror Emoji Keyboard, etc.
- USD 100k 13
Capier Investments
Notable Investments:
Ambee, Cloudnine Hospitals, AgShift, &ME, Doxper, Parentlane, Saahas,
OfBusiness, mFine, etc.
- - 10
OperatorVC
Operator VC is an active angel group that follows the philosophy of 'By the
Entrepreneurs, for the Entrepreneurs.' Composed of former entrepreneurs,
the group understands the complications of starting a business. The network
offers its operational experience to support enterprises and business
ventures that are working in the field of healthcare, fintech, video editing,
wearables, food and beverage, cosmetics, legal tech, food delivery, beauty,
and financial exchanges.
Notable Investments:
Bulbul Apps, Purple Style Labs, Cashkumar, InVideo, Akiva Superfoods, Syona,
Wealthy, MyAdvo, Remitware Payments, etc.
- - 9
Alfa Ventures
The group nurtures their business idea by sharing valuable inputs in the form
of mentorship programs and business strategies, which have helped the
capitalization of opportunities. In addition to financial support, Alfa Ventures
acts as a management consultant to make strategic business decisions. The
group is keenly interested in the automotive, eCommerce, nutrition,
cleantech, and retail sectors.
Notable Investments:
CleanseCar, Power Gummies, Skilancer Solar, Luxury Ride, GoMechanic, etc.
- - 6
Navam Capital
Navam Capital is an India-centric venture capital firm, micro VC, and angel
group that is focused on making seed and early-stage investments. The group
believes in investing in transformational, innovation-driven ventures that are
making their way from concept to product. Through the early partnership,
Navam aims at establishing a nurturing ecosystem that adds substantial value
through the formative stages of the venture.
It seeks out technology companies that are making its place via breakthrough
innovation. It prefers taking on the responsibility of being a lead investor and
intervenes early in the developmental stage of the startup. It is focused on
investments in the energy, technology, and healthcare industries.
Notable Investments:
Invictus Oncology, Vyome Biosciences, EnNatura Technology Ventures,
Akamara Therapeutics, etc.
- - 6
Intellecap Impact Investment Network
NA Mumbai
Notable Investments:
Lal10, ZunRoof, The Better India, iKure Techsoft, Surya Power Magic, etc.
- - 5
Swan Angel Network
The Swan Angel Network (SAN) is the one-stop solution for all matters related
to finances. The angel group works along the verticals of corporate financing,
management consultancy, wealth management, tax consultancy, mortgages
and retail loan, and angel investment network.
SAN acts as an organized platform that helps channelize funds into promising
and emerging business ventures. It is the product of the inputs of successful
entrepreneurs, investment bankers, angel investors, marketing and
management experts, lawyers, and accountants who identify the potential of
the Indian startup environment. The angel network has given wings to a
number of startups working in diversified sectors like education, eCommerce,
internet, consumer goods, healthcare, and marketing.
Notable Investments:
Xplorabox, ZiPi, MaalGaadi, ONSPON, etc.
- - 4
Eagle10 Ventures
As a first stage investor and advisor, Eagle10 understands the critical role that
it plays in molding and steering the startup. Thus, it helps startups and
entrepreneurs connect with industry experts and serial entrepreneurs to help
build a business mandate that is sustainable in the long run. Eagle10 runs
mentorship programs that give direction and assistance to entrepreneurs,
who have the idea but need help realizing it.
Notable Investments:
Awign Enterprises, Pi Bean, Zestl, Mate Labs, TravelSpice, Net Analytiks, etc.
- - 6
Clarion Venture Partners
Clarion Venture Partners is an angel investor network and seed fund that
offers startups innovative and practical solutions as they grow and develop
into large enterprises. It focuses primarily on technology service companies as
it has a keen understanding of the role it plays in the Indian market. Clarion
Venture Partners form tie-ups with Indian technical entrepreneurs and
startups and offer them funds to get their business off the ground.
However, the network understands that financial backing is not enough, and
hence, it also establishes a learning ecosystem by offering mentoring and
coaching programs from industry experts and leaders who have scaled the
same journey. The state-of-the-art infrastructural support allows founders to
focus on their core businesses.
Notable Investments:
Tesific, Sacumen, Saviant, Eka Infratech, etc.
- - 4
GEMS Partner
GEMS Partners is a micro VC fund and an angel group that is driven by the
vision to support and scale innovative startups that leverage technology to
introduce disruptive businesses in the Indian market through its products and
services. The network focuses on companies that are operating in the B2B
and B2B2C environment and are deploying technology to scale up to the
industry requirements.
Notable Investments:
Log 9 Materials, Chariot Tech, Bikxie, Babydestination, etc.
- - 4
Seeders
Notable Investments:
Evabot, Zepo, Aureus, WishBerry, Azoi, Plivo, Eduora, CropEx, CarSingh.com,
Capricorn Gifting, iDubba, iimjobs.com, SECPanel, LetsVenture, Betaout, etc.
- - 3
Ixora Ventures
Ixora Ventures is a Micro VC, Venture Capital, and Angel Group that was
founded in 2012 and specializes in seed, angel stage, early-stage, and pre-
Series A investments. Further, it seeks to fund an array of transactions, from
angel to venture funding to structured real estate derivative transactions.
Notable Investments:
Irras, Alma Connect, Learnpedia Edutech, etc.
- - 3
GAIN
The angel network plays a vital role in setting up businesses and scaling it up
to its true potential.GAIN practices being sector agnostic and follows a
systematic approach while evaluating portfolio companies. So far, it has
invested in companies that work in the food and beverage, eCommerce, and
travel sectors.
Notable Investments:
CityShor
- - 1
TurningIdeas Ventures
Notable Investments:
Focus Digit
- - 1
Prequate
Prequate is an angel group and a venture capital that was founded by a team
of professionals from consulting, accounting, advisory, investment banking,
and entrepreneurship backgrounds. It was founded in 2010 and has worked
with over 300 businesses across 20 countries.
Given its experience, Prequate is in a position to help out startups that are
looking for consultancy and advisory services along with capital funding
support. Prequate looks for small and medium businesses and startups that
are transforming the Indian markets. Through its strategic financial advice
and series A funding, Prequate boosts the growth of startups operating on
various business models.
Notable Investments:
NA
- - -
QuantsEdge Advisory
It helps with the scaling of startups and offers answers and solutions to
questions like "what next" and "what if." The advisory services provided by
this group helps in building businesses from scratch. It helps founders and
entrepreneurs connect with banking institutions and NBFCs to meet their
financial requirements. Its diverse portfolio seeks out companies in fintech,
robotics, logistics, education, sports, and medical devices sectors.
Notable Investments:
NA
- - -
Neos Angels Network LLP
Neos Angels Network supports business ventures to turn their ideas into
reality by offering a working business model, financial forecasting, go-to-
market strategy, and marketing plan development. Startups looking to invest
can also benefit by becoming a part of Neos Angels Network as it facilitates
deal discussions, deal tracking, deals reviewing, and deal sharing activities.
Notable Investments:
NA
- - -
Start-Up Hyderabad
Notable Investments:
NA
- - -
INCUBATORS
A business incubator is an organization that is aimed
at speeding up the growth and success of a startup. It
acts as a trusted channel for startups to access capital
from angel investors, governmental bodies, and other
investors.Incubators have varied strategies depending
on the business niche and size. Some incubators enjoy
a physical setup and help foster entrepreneurial
networks while others operate through virtual media.
They provide startups with shared operation spaces,
networking opportunities, and mentoring resources.
Universities and Business Schools operate a big chunk
of incubators, and hence they may run as nonprofits.
Accordingly, they generally do not seek equity in the
company in return for accessing the funds and
resources.Unlike accelerators, incubators are more
adept at fostering slow growth as they do not impose
deadlines and timestamps on their portfolio startups.
Venture Catalysts
Venture Catalysts offers investments ranging from USD 500k to USD 1 million
per startup, along with incubation support for one year. Hailed as the largest
integrated incubator, Venture Catalysts has been highly active since 2016 to
fund, mentor, and network in the field of deep tech. It offers a dedicated
investor-entrepreneur community to offer hands-on support, mentorship,
connections, capital, and curriculum.
The firm has partnered with big names like IBM, Amazon, and Microsoft to
guide the companies to success. It also conducts regular events like Pitch Day,
Prototype Day, Office Hours, and Review Day to keep the startups motivated
towards success. Startups can gain immensely from the monthly events and
workspaces offered by Venture Catalysts.
Incubated Startups:
Supr Daily, Innov8 Coworking, Fynd, Siftr Labs, Ambee, Adurcup, appSAY, Assure
Clinic, Beardo, Chai Break, Clear Dekho, Kalpnik, Keeros, LenDen Club, etc.
Since 1999, Smile Group has offered a favorable platform for investors,
investment partners, and entrepreneurs. The primary focus of this incubator
is internet-based businesses that are spread across the digital marketplace,
media, social commerce, eCommerce, mobile products, and more. The firm
intervenes at the early stages of the business located in Asia while also being
open to late-stage investment for global firms with a remarkable track record.
The Smile ecosystem relies on six pillars, namely, Management, Capital, Cross-
domain Talent, Infrastructure, Central Resource, and Media Influence. It offers
assistance in all the six spheres of business development and management to
ensure that they live up to their true potential.
Incubated Startups:
BiryaniByKilo, Gaming Monk, Bira91, airbnb, Katalyzers, Pay Mango, Rapido,
ScoopWhoop, TrulyMadly, YumLane, The Man Company, Fashion and You, etc.
9 NA 38
Auto Nebula Capital Advisers
Incubated Startups:
MilesMate, NxtGizmo, Instafera, YoRide, Autogrid Mobility, Drivmo, Humotronix,
RakshaSafeDrive, Streak Helmet, Freight Bazaar, Enmovil, AutoSoul, Sae Fuel, etc.
- NA 26
Mahindra Partners
Founded in 2010, Mahindra Partners is the private equity firm, venture capital,
and startup incubating arm of the Mahindra Group. In addition to looking for
long-term investment opportunities, it is also sector agnostic and has a
diverse portfolio containing startups from various industrial backgrounds.
Further, this portfolio is placed across India and Silicon Valley in the US.Based
on their investment pattern, it can be deduced that the company has a
preference for startups operating in the field of sustainability, healthcare,
logistics, enterprise software, and mobile technologies. Recently, the company
has announced its diversion from the traditional method of incubation to
make it more relevant to the current business environment.
Incubated Startups:
Mahindra Healthcare, Avaamo, FirstCry, CERO, TEQO, Accelo, Aquasail, Mahindra
Tsubaki, Mahindra Odyssea, Mahindra Logistics, London, Scoot, etc.
1 NA 6
IIM Calcutta Innovation Park
The BIU acts as an incubation unit for various innovations and solutions for
business and social challenges. The seven broad areas in which the BIU
operates include induction (iDream), ideation (iSpark), inculcation (iPromote),
incubation (iHatch), investment (iSeed), improvement (iLeap), and innovation
(iSpring). Using these techniques, IIMCIP offers both physical and virtual
incubation of promising startups.
Incubated Startups:
Krishworks Technology and Research Labs, 5C Network, Brickcells Technologies,
Medi360, Aquamen Fisheries, Kitbag Tech, Satadru Technologies, etc.
- NA 45
AdvantEdge Founders
AdvantEdge is a Venture Capital and an Incubator that seeks out founders and
startups that offer solutions to big customer problems. It provides early-stage
support to companies that display a strong growth potential.
Incubated Startups:
Rapido, Shuttl, Chalo, Sheru, ScoopWhoop, IndiaLends, Smartivity, Tripoto,
Wigzo, White Owl Brewery, CoHo, FrontPage, Gaming Monk, Mass Blurb, etc.
3 USD 0.5 to 3 22
million
FiiRE
Incubated Startups:
RekiSe, LegaWise, Innovantix, CodeWell Computers, Tridel, Genora Infotech,
Synchronicity Platform, IshaSYS, Internship Station, J and R Media, etc.
- USD 1.43 1
million
RakSan
Rak San is an integrated incubator aiding globally scalable SaaS platforms and
startups. The organization works towards discovering, ideating, engineering,
and incubating scalable SaaS platforms in-house. It follows an Ideate - Build -
Capitalize business model to offer an integrated and experiential approach in
incubation.
Infinity Labs, the crucible for Rak San of innovation and idea-proving, is
working on perfecting an assembly-line business model of a factory of
startups that are centered around Rak San's experiential style of combining
popular domain expertise with the latest technology. Infinity Labs is
bifurcated into: digital startup ecosystem, field service/staff management,
human capital management, and mobile device management.
Incubated Startups:
-
- USD 2 -
million
Aarin Capital
Incubated Startups:
-
1 - 35
Srijan Capital
Incubated Startups:
MediaSpan, BuildLinks, Allconnect, AceBot.ai, CouponBelanja, CouponRani,
PushEngage, Skillenza, Explara, Tookitaki, AllConnect, Aurality.
1 - 11
Khosla Labs
The ideas are then subjected to prototyping, in-house designing, and testing
to gain feedback and market validation. Based on the project traction and
business plan, startups that reflect a positive growth outcome are funded by
the Khosla Ventures seed fund. The incubator's current areas of focus involve
mobile payments and banking, Aadhaar applications, machine learning and
data analytics, and retail efficiency.
Incubated Startups:
Veri5 Digital
- - 1
CIIE
Incubated Startups:
Lal10, CynLr, Bridge2Capital, RupeeCircle, Kyepot, ChitMonks, Riskcovry,
payAgri, NAVANA, Mimo, TrillBit, Strata Enviro, Heelium, iNICU, etc.
- - 26
Villgro
The incubator is driven by the zeal for creating an equitable world where the
poor and marginalized communities can live a dignified life. Villgro
successfully combines social changes with entrepreneurship to bring about a
transformation in the social structure. Villgro focuses on high-growth sectors
like Health, Education, Agriculture, and Energy. However, it is open to
entrepreneurs and startups that bring fresh and disruptive ideas that can
positively impact the lives of the poor.
Incubated Startups:
Battighar, Bharat Rohan, RAAV Tech Labs, Oorja Solutions, Bombay Bijlee,
Doorastha, Garv Toilets, New Leaf Dynamic, Delectrik, Multibhashi, etc.
- - 18
UDGAM
Incubated Startups:
-
- - -
AntFarm
Incubated Startups:
-
- - -
ACCELERATORS
A Business Accelerator is an organization that offers a
range of support services and funding opportunities
for partner startups to prevent its premature death.
They operate by enrolling startups for programs that
last a few months. During the Accelerator Program,
the organization offers mentorship, supply chain
resources, and office space for the startup. Most
importantly, Business Accelerators provide for capital
and investment opportunities. Accelerator Programs
are run by experts who have prior experience in
helping out nascent businesses overcome their initial
hurdles. In return for these resources, capital, and
mentorship programs, the Accelerator accepts startup
equity.These boot camp-style accelerator projects are
time-sensitive and intense. Upon completion of the
program duration, the startups are considered to have
'graduated' from the program.
GenNext Ventures
Mukesh A Mumbai
Notable Investments:
Dattus, Creditseva.com, Buzzo.ai, Binge, Apiria, BharatRides, CloudNBFC, Fingage,
Minkspay, PayEasy, Payments 2.0, Rapidor, Swipez, WearBerry, PayZello, etc.
4 NA 76
Axilor Ventures
Axilor Ventures is an early-stage seed fund and startup accelerator that was
founded in 2014 by Infosys co-founders Kris Gopalakrishnan and SD Shibulal.
Axilor runs a 100-day accelerator program that offers startup founders a
head-start in the Indian markets and assists them in getting their startup on a
growth trajectory that is not only promising but also sustainable.
Notable Investments:
Sellerworx, Events High, Easy Commute, Docturnal, Clappia, AirPix, Alice AI,
Appiyo, LegalDocs, Khidki, MiStay, MeTripping, PipeCandy, Pocket Aces, etc.
3 NA 41
TLabs
Notable Investments:
Niche.AI, Peersome, HopOn, GetMyUNI, MintM, HomeTriangle, Meet University,
ePaathsala, Customer Labs, Hangoutt, Prokure, Spoyl, Frrole, Founch, etc.
4 NA 47
GSF
Notable Investments:
DailyRounds, Little Eye Labs, Chizel, Khabri, Slintel, Vaultedge, Quizizz, ORO
Wealth, Silersparro Technologies, HeyMojo, Whatfix, DailyRounds, etc.
2 NA 26
Target Accelerator
Notable Investments:
Konotor, Dressmate, Point 105-AR, StylDod, Jumper.ai, Kenome, Ederlabs,
Moodboard Analytics, Uncanny Vision, StoryXpress, LawBot.ai, MintM, etc.
1 NA 31
Zone Startups In
Founded in 2014, Zone Startups India is a result of the collective efforts of the
Department of Science and Technology, Government of India, and Ryerson
University, Ryerson Futures Inc., BSE Institutes, and Simon Fraser University. It
is India's first international accelerator that bridges the gaps between Indian
and North American startups.
Zone Startups India aims at becoming a technological hub for digital media
innovation, collaboration, and commercialization. It allows startups to connect
with mentors and fast track their growth. Zone Startups India's main core
beliefs and mission include market validation and customer acquisition help,
mentorship and networking platforms, business counseling, technological
tools and support, access to global markets, and access to co-working spaces.
Incubated Startups:
AasaanPay, Actofit, AdSparx, Advenio, Algaari, Areysun, BabyChakra, Blynk,
Blee, BindasJobs, Citrus, Clari5, Dexlabs, DAZL, Donatekart, Fitphilia, etc.
- - 20
VentureNursery
Incubated Startups:
Catapooolt, Yipeedo, Talview Inc., Book truck, Arya.ai, Fixy, The Home Salon,
Klip.in, FindURClass, Interview Master, Smart Sample, OYO, Shopveg, etc.
2 - 18
EDUGILD
Notable Investments:
Simulanis, AmbitionUp, Classboat, Ahhaa, YoScholar, ProctorEdu, Edvantics,
Know Hassles, Musein, Vidya Robotics, Tris Labs, etc.
- - 16
Cisco LaunchPad
Notable Investments:
CloudPhysician Healthcare, CRON Systems, DeepFence, Tagvance, Enmovil,
Acylic Labs, Yellow Messenger, UTORA, MinionLabs, Schrocken, TrillBit, etc.
- - -
Brigade REAP
Brigade REAP has formed strategic partnerships with major companies like
Intel, Cisco, JLL, and Microsoft, which offer more extensive exposure to the
selected startups. So far, Brigade REAP has conducted six successful cohorts
and has mentored 25 startups.
Notable Investments:
Dextra Square, Clairco, Bluesinq, Exprs, Smarter Dharma, R2 Promise,
Renewate, PropsAMC, Snaptrude, ECOSTP, etc.
- - 9
Espark-Viridian Accelerator
Notable Investments:
Yuboot, 1Special Place, Aanvik, Alive Home, CabMe, Career Desk, Clean It Up,
Dark Horse, Evra Gems, Genesis, GaramBox, Frame Raid, etc.
- - 100
Amplifi
Amplifi aims at acting as a guiding light for growing startups. It is India's first-
of-its-kind mentorship accelerator program that is perfect for early-stage B2B
SaaS startups. The venture accelerator offers a holistic ecosystem for
enterprise tech startups across Asia. It is open to startups operating in India,
Singapore, Hong Kong, Taiwan, and Israel.
Amplifi Asia's accelerator program seeks out early-stage startups that have a
minimum of two founders having a beta product and at least three pilot
customers. As for sectors, the program looks for startups working in the
technological fields of artificial intelligence, blockchain, IoT, augmented reality,
and virtual reality. Presently, Amplifi has conducted two successful cohorts.
Notable Investments:
Anvaya Analytics, Rate Connect, OwNRG, R-Guardian, FansWiFi, SuperWise,
Bestosys, Cumulus, VirtSpaces Pvt. Ltd., Dave.ai, HealthnMe, etc.
- - -
AIM Smart City
Notable Investments:
Gudgudee, Exchange4Solar, Khetify, PumpCharge, Kontext, Sukriti Social
Foundation, Fedo, UtopiaTech, Docturnal, YSpot, BasicShit, Wowlet, etc.
- - 36
Aarambh Ventures
It not only grooms the entrepreneurs and founding company but also draws
up a detailed and customized business plan that will help the startup make
effective use of its resources. The accelerator program consists of workshops,
coaching, mentoring, networking, co-working spaces, events, speakers, legal
and administrative support, and weekly evaluation. It ends with a demo day
where the companies can pitch to the industry experts.
Notable Investments:
Kalaage, Hungry Foal
2 - 2
Kyron Global Accelerator
Notable Investments:
Preksh Innovations Private Limited, EYWAMEDIA
- - 2
CONCLUSION
The India Investor List 2020 is an eBook dedicated to
the dreamers and startup founders who wish to
disrupt the markets. After all, starting, executing,
maintaining, and deploying a business venture takes a
lot more than ideas. The book contains a wealth of
information and resources on funding activities
through various means to fuel this business idea.