Angel investors play a significant role in an entrepreneurs journey, to help transform an idea into a successful company. These early investors help an entrepreneur with initial funding to take their idea off the ground, and also provide mentorship during the early stages. In a competitive startup ecosystem, where every new startup is striving for funds, angel investors can make a huge difference.
Over the years, India has witnessed the rise of many startups, that have transformed the lives of millions of people. Many successful entrepreneurs have turned angel investors to help fellow budding entrepreneurs in their journey.
Here is a list of top 20 angels investors based in Bengaluru:
Binny Bansal, along with Sachin Bansal, co-founded India’s leading e-commerce platform Flipkart in 2007. This IIT-Delhi graduate had also worked with Amazon before venturing out on his own entrepreneurial journey.
He has supported a lot of startups over the years, some of his notable investments include, a video sharing platform Roposo, EV startup Ather Energy, news platform Inshorts, edtech startup Unacademy, healthtech startup SigTuple, among many others.
Nandan Nilekani is the co-founder of the global IT service company Infosys. He is an entrepreneur, bureaucrat, and politician. He also served as the chairman of UIDAI (Unique Identification Authority of India). Nilekani was appointed the non-executive chairman of Infosys’ board on 24 August 2017, after the exit of Vishal Sikka.
Kris Gopalakrishnan is the chairman of early-stage venture capital firm Axilor Ventures. He is also among the seven founders of Infosys. Gopalakrishnan has also received Padma Bhushan award, India’s third highest civilian award, from the Government of India in 2011.
He has been an active angel investor in budding Indian startups for a while now. Some of the startups in his portfolio include Lookup, a chat app that helps businesses communicate with customers, B2B foodtech startup HungerBox, a price comparison portal BuyHatke, FreshWorld, an online marketplace for baby products FirstCry, SigTuple, among many others.
Sachin Bansal is the co-founder and former CEO of Flipkart, India’s largest e-commerce platform.
He is focused on investing in startups that provide SaaS and B2B solutions. He has helped over 20 startups, some of them include HealthifyMe, a Bengaluru-based healthtech startup, digital media content startup Inc42 Media, LetsVenture, an online platform that connects startups with investors, edtech platform Skillenza, Artifacia, among many others.
Pranav Pai is a Founding Partner at 3one4 Capital, a Bengaluru-based early-stage venture capital fund. He completed his MS in Electrical Engineering from Stanford University in 2013. His father Mohandas Pai, founder of Manipal Global Education, has been a prominent angel investor, however, he currently invests only through 3one4 Capital.
He is a keen investor in Indian startups particularly focused on clean technology, healthcare, edtech, fintech, biotech, analytics, and artificial intelligence. Some of his prominent investments include Bugworks Research, photosharing app Vebbler, ZoomCar, Tracxn, Tripoto, Wishberry, AI-powered interview scheduling platform My Ally, edtech startup OnlineTyari, media platform YourStory, Inc42 Media, among many others.
Phanindra Sama is the founder and former CEO of Redbus, India’s leading bus ticketing company. He is also the Chief Innovation Officer for Government of Telangana. This entrepreneur and angel investor is on the board of agritech startup CropIn.
Some of his prominent investments include online counselling platform YourDOST, an e-commerce platform DailyObjects.com, online food discovery and delivery platform InnerChef, a bot detection and mitigation platform ShieldSquare, cloud-based omnichannel marketing automation tool Betaout, Unacademy, My Ally, among many others.
He has invested across domains such as SaaS, fintech, software, enterprise software and consumer internet. Some of the startups in his vast portfolio include an ad revenue optimization startup AdPushup, co-living space provider Square Plums, Wow! Momo, among others.
Some of the startups in his portfolio include Explara, Socialblood, a platform to connect blood donors with the community, Bengaluru-based job search portal Hiree, and Gurugram-based mobile security app Wegilant, among many others.
He is no stranger to the Indian startups market and has made angel investments in a number of startups including Dazo, curated food demand platform, business app provider Goodbox, hyperlocal delivery startup DailyNinja, subscription-based news platform The Ken, fintech startup Fisdom, Unacademy, among many others.
Praveen Gupta is the founder and CEO of Tallenge, an art marketplace. He also founded a market research company called Cross-Tab Marketing Services in 2000. He is has been an angel investor since 2008, making some notable investments in India and other countries.
Ganesh Krishnan is the co-founder of Portea Medical, in-home medical care provider startup. He was also the founder and former CEO of TutorVista, online tutoring startup. This entrepreneur invests in startups focused on consumer internet, healthcare, and SaaS domain.
He has made investments in Avagmah, an online marketplace for over-stock, refurbished, and pre-owned products Overcart, customer support and engagement platform Verloop, AI-powered marketing and advertising startup SilverPush, multi-channel order and inventory management platform Browntape, among others.
Rajeev Krishnan is the Country Manager-India at MTS Systems Corporation. This sales manager has a keen eye for budding startups with potential in the Indian market. He has made angel investments in startups focused on healthcare, biotech, mobile, and consumer internet domains.
Sharad Sharma is the co-founder of iSPIRIT (Indian Software Product Industry Round Table), a think tank for the Indian software products industry. This seasoned angel investor is also a member of NASSCOM’s Product Forum and Executive Council.
Kanwaljit Singh is the Founder and Managing Partner at Fireside Ventures, a Bengaluru-based early-stage consumer brand focused investment firm. He is also one of the co-founders and former Senior Managing Director of Helion Venture Partners. Along with managing his venture capital fund, he is also an angel investor, with investments in a number of Indian startups.
Some of his noteworthy investments include an online lingerie brand Buttercups, on-demand online meat and fish ordering startup Licious, healthtech startup The Healthy Billion, FableStreet, among others.
Bhavish Aggarwal is the Co-Founder and CEO of Ola, India’s leading cab hailing company. This entrepreneur and angel investor completed his B.Tech in Computer Science and Engineering from IIT-Bombay in 2008.
He has supported a few startups in India, including, electric motorcycle manufacturer Tork Motorcycles, online loan provider Avail Finance, e-learning platform HashLearn, and SME lending platform OfBusiness.
Startups in his portfolio are Fisdom, Dazo, QikPod, AI-powered digital health platform Parentlane, technologically advanced apparel and wearable company BigPhi Technologies, and Unacademy, among others.
Amit Gupta is the Co-founder and CEO of Yulu, a dockless bike-sharing startup. He was also one of the co-founders of InMobi, a leading mobile advertising platform. This entrepreneur has made more than a few investments in the Indian startups market.
Some of his investments in India include e-learning platform Springboard, Wooplr, HealthifyMe, Hate2wait, digital payment gateway Razopay, Regional smartphone OS Indus OS, Inc42 Media, Innov8, and online food discovery and delivery platfrom Twigly, among many others.
Raghunandan G is a co-founder and former CEO of TaxiForSure. This angel investor completed his B.Tech in Computer Science from NIT-Karnataka in 2003.
Some of the startups he has invested in include bike rental startup Bounce (Metro Bikes), social commerce platform Shop101, co-working space provider Bhive Workspace, and self-checkout app Perpule, among others.
It is due to the angel investors that many startups are able to thrive during their early stages in this competitive ecosystem. There are a lot of angel investors who are inclined to take a risk, in order to bring about a transformational change in the society. They have been instrumental in helping the startups climb up the ladder of success. The above list is a testament to these investors ability to cherry pick the winning startups.