List of top & most active 20 angel investors in Mumbai

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Angel investors have been playing a crucial role in the Indian startup ecosystem from investing in the early stages of the startup to mentoring budding entrepreneurs to help them build a robust business.

Here is a comprehensive list of 20 angel investors based in Mumbai:

Anupam Mittal

Anupam Mittal is the founder and CEO of People Group, media and entertainment group. The company owns businesses like, a matrimony website, mobile content and application company Mauj Mobile and People Pictures.

He is one of the most active angel investors in the country, with over 20 investments. Some of his marquee investments include Ola, media consumption repository ZAPR, e-commerce solution provider Zepo, DailyNinja, Vebbler, Yumlane, an online marketplace for medical supplies PinkBlue, Trell, co-working space provider myHQ, among many others.

Anirudh Damani

Anirudh Damani is Managing Director at Artha India Ventures, an early-stage investment firm. This enthusiastic investor is also an active member of Indian Angel Network. Having made more than 20 angel investments, he is intimately aware of the Indian startup ecosystem.

Some of his prominent investments include car rental startup Drivezy, P2P lending startup LenDenClub, ticket booking platform confirmTKT, daily milk delivery startup Supr Daily, among many more.

Vikram Chachra

Vikram Chachra is the Founding Partner at Eight Innovate, a Mumbai-based early-stage venture capital fund. He has helped a number of Indian startups through his fund, as well as his personal investments and advice.

Some of the notable startups in his portfolio are New Delhi-based logistics startup Moovo, real-time discount app Ressy, online printing marketplace Inkmonk, and edtech startup OnlineTyari, among others.

Zishaan Hayath

Zishan Hayath is the Founder and CEO of Toppr, an online learning platform. This entrepreneur and angel investor is also an IIT-Bombay alumnus.

Some of his noteworthy investments in the Indian startups include advertising platform Adpushup, a cloud-based online marketplace for crowdsourced work Squad, logistics startup Shadowfax, wealth management platform Wealthy, on-demand apparel rental startup Flyrobe, among others.

Sandeep Tandon

Sandeep Tandon is the Co-Founder of Freecharge, an online mobile recharge platform. He is not only a skilled entrepreneur but has also invested and mentored many Indian startups.

Some of his prominent investments include an online B2B marketplace for fruits and vegetables Bharat Bazaar, online wedding platform ShaadiSaga, digital media startup Pocket Aces, used cars marketplace Spinny, Flyrobe, and Unacademy, among others.

Kunal Shah

Kunal Shah is the Co-Founder and former CEO of FreeCharge, an online mobile recharge platform. He has successfully invested and mentored a clutch of early-stage Indian startups, along with being a successful entrepreneur.

Among his many notable investments include online lending platform Avail Finance, Razorpay, LifCare, Voonik, Flyrobe, DailyNinja, Twigly, and Unacademy, among many others.

Arihant Patni

Arihant Patni is the Managing Director at Ideaspring Capital, an early-stage VC, and Hive Technologies, a platform for funding and launching startups in the big data space. He is also serving as a Managing Director of Patni Financial Advisor, along with being a Director of Nirvana Venture Advisors.

This prolific entrepreneur and investor has an immense experience in diverse areas like IT services, infrastructure, wealth management, business development and marketing. His portfolio has startups like an online marketplace for curated jewelry Velvetcase, educational gaming startup Logic Roots, online fitness platform Fitternity, AI startup, and BHIVE Workspace, and others.

Samir Bangara

Samir Bangara is the Co-Founder and Managing Director of Qyuki Digital Media. He has been involved with some of the leading companies including Disney Group, Indiagames and Ernst & Young.

After cultivating a vast experience and knowledge, he is now also an angel investor, exploring new opportunities. His investments include an alternative mobile payment platform POKKT, a health and growth tracking platform for children My Child, ZAPR, among others.

Sanjay Mehta

Sanjay Mehta is a Director of CORE (Centre of Recognition and Excellence), a multi-platform media company. He has been a keen angel investor and was also awarded the Angel Investor of the year award by LetsVenture in 2017.

His investments include wellness and health analytics platform AllizHealth, cloud-based security startup InstaSafe, confirmTKT, non-alcoholic beverage brand Coolberg, female urination device PeeBuddy, mobile advertising platform PayTunes, among many others.

Jitendra Gupta

Jitendra Gupta is the Founder of Citrus Pay and he is also the Managing Director of PayU India. He has a vast experience in the banking & financial services industry and has also ventured into angel investing to test his acumen.

Some of his most notable investments include agritech startup CroFarm, Indian parenting social network Healofy, a decentralized crypto banking platform Nuo, Purple Style Labs, on-demand driver provider Drivify, among others.

Vishal Gondal

Vishal Gondal is the Founder and CEO of GOQii, a digital health and wellness solution platform. This entrepreneur and angel investor has been instrumental in transforming the journey for many startups.

Indian startups in his portfolio include edtech startup Examify, food discovery and delivery startup InnerChef, co-working space provider Innov8, among others.

Hareesh Chawla

Hareesh Chawla is a Partner at True North, a private equity firm. He is also an alumnus of the esteemed IIT-Bombay and IIM-Calcutta. He has made a clutch of investments in the Indian startups.

Startups in his portfolio include, Bengaluru-based online researching platform Typeset, Mumbai-based last mile logistics startup Grab, New Delhi-based social e-commerce platform Jaypore, among others.

Ajeet Khurana

Ajeet Khurana is the CEO of Zebpay, a mobile wallet for bitcoin and other cryptocurrencies. He has been a long time entrepreneur and has also helped other entrepreneurs through his advice and investments.

Among his prominent investments include healthcare delivery platform Medd, online customized furniture store Stitchwood, smart jewellery startup for women Leaf Wearables, and digital media content startup WittyFeed, among others.

Sanjay Jain

Sanjay Jain is an Operating Partner at GSF India, venture capital firm and accelerator for tech startups in India. Empowered with vast experience with GSF India, in mentoring and investing in tech startups, he also makes angel investments.

Indian tech startups in his portfolio include multi-channel inventory management startup Browntape, edtech startup Flintobox, online medical consultation app DocsApp, Gigstart, Drivezy, among others.

Anuj Golecha

Anuj Golecha is the Co-Founder of Venture Catalysts, a Mumbai-based startup incubator, and he is also a Co-Founder of Samyakth Capital, a hybrid growth fund. He is a seasoned angel investor supporting early-stage startups and helping them create value for their customers.

Startups in his portfolio include LenDenClub, digital media platform Inc42, Innov8, cryptocurrency trading platform Koinex, e-commerce platform Fynd, Supr Daily, among others.

Japan Vyas

Japan Vyas is a Co-Founder and Managing Director of Sixth Sense Ventures, a consumer-centric venture fund. He has a vast experience spanning 16 years in the financial services space.

He has mentored and invested in a number of Indian startups including, wine and beer discovery platform Hipcask, SaaS-based enterprise tool for car rental startups Mind Your Fleet, food startup Happy Roots, among others.

Amit Patni

Amit Patni is the Co-Founder and Director of RAAY Global and Chairman of Nirvana Venture Advisors. He has made angel investments in many Indian startups, in order to propel them towards success.

Some of the startups in his portfolio include India’s leading hospitality startup Oyo, fintech company Grameen Capital, Mumbai-based retail pharmacy chain Wellness Forever Medicare, among others.

Anand Ladsariya

Anand Ladsariya is the CEO of Everest Flavours Ltd, a leading manufacturer and exporter of Menthol, Peppermint Oil, and fragrances. He completed his MBA from IIM-Ahmedabad and is an active angel investor with Mumbai Angels, along with Indian Angel Network.

Some of his notable investments in the Indian startup ecosystem include cloud-based feedback and communication platform Framebench, a search and discovery platform for hobbies and extracurricular activities FindURClass, among others.

Vaibhav Karnavat

Vaibhav Karnavat is a Partner at Karnavat & Co, and an active angel investor in the Indian startup ecosystem. He has a number of successful investments under his belt.

Some of his prominent investments include Koinex, LenDenClub, myHQ, a hub for personalized viral online videos Flicktree, among others.

Apoorv Ranjan Sharma

Apoorv Ranjan Sharma is the Co-Founder and President of Venture Catalysts. He is one of the most respected and influential people in the Indian startup ecosystem. He has inspired and motivated many entrepreneurs and investors.

He has a vast portfolio, some of his successful investments include confirmTKT, Beardo, Supr Daily, consumer tech startup Coutloot, among others.

Lately, Indian startups have been getting a lot of investment from both international and domestic venture capital firms but still, the role played by angel investors remains vital. As the number of startups in India continues to grow, more angel investors will be needed to guide and mentor those new entrepreneurs.


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