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 30 angel investors based in Mumbai:
- Anupam Mittal
- Anirudh Damani
- Zishaan Hayath
- Sandeep Tandon
- Kunal Shah
- Arihant Patni
- Samir Bangara
- Sanjay Mehta
- Jitendra Gupta
- Vishal Gondal
- Hareesh Chawla
- Ajeet Khurana
- Sanjay Jain
- Anuj Golecha
- Japan Vyas
- Amit Patni
- Anand Ladsariya
- Vaibhav Karnavat
- Apoorv Ranjan Sharma
- Rajeev Chitrabhanu
- Pravin Gandhi
- Ratan Tata
- Dr Aniruddha Malpani
- Aakrit Vaish
- Anand Mahindra
- Bharat Banka
- Devesh Chawla
- Vikram Chachra
- Farooq Adam
Anupam Mittal is the founder and CEO of People Group, media and entertainment group. The company owns businesses like Shaadi.com, 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 is Managing Director at Artha India Ventures, an early-stage investment firm. This enthusiastic investor is also an active member of the Indian Angel Network. Having made more than 20 angel investments, he is intimately aware of the Indian startup ecosystem.
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.
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 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.
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 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 jewellery Velvetcase, educational gaming startup Logic Roots, online fitness platform Fitternity, AI startup niki.ai, and BHIVE Workspace, and others.
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 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 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 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.
Startups in his portfolio include niki.ai, 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 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 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.
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.
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.
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 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.
Rajeev Chitrabhanu is the Founder of Magnetic Partners, an early-stage investment firm. Prior to founding Magnetic, he was the CEO and MD of JM Financial Services for 14 years. His experience at one of India’s leading investment firm helped him hone his understanding of the growing Indian startup ecosystem over the years. He also helps startups through angel investments.
Pravin Gandhi is the General Partner at Seedfund, India’s leading early-stage venture capital fund. Apart from managing VC fund investments, he is also an active angel investor.
Some of his recent investments in India include online donation platform Donatekart, inclusive mobile solutions provider for social impact Awaaz.de and SaaS-based startup IPHawk, among others.
Ronnie Screwvala is a first-generation entrepreneur. He is the Co-Founder and Chairman of edtech startup upGrad and the Founder of VC/PE firm Unilazer Ventures. Ronnie is also popular for founding UTV, which has emerged as India’s leading mass media conglomerate.
His wide-ranging experiences have enabled him to support other budding entrepreneurs. His notable angel investments include edtech startup Lido Learning, online lingerie brand Zivame and online pet supplies platform DogSpot, among others.
Ratan Tata is a well-known Indian industrialist, investor and a philanthropist. He has been graced with two of India’s most prestigious awards Padma Vibhushan and Padma Bhushan for his contribution to the country. He is the former Chairman of the Tata Group and has served on the advisory board of numerous leading international companies like Mitsubishi, Temasek Holding, JP Morgan Chase and Rolls Royce.
With over 40 investments across domains, he is also an active angel investor in India. Some of his recent investments include vernacular commerce platform Niki, online used and new car selling platform CarDekho and digital media platform ThePrint, among many others.
Dr Aniruddha Malpani
Dr Aniruddha Malpani is the Founder and Director of Malpani Ventures, an angel investment firm that provides seed funding. This doctor-turned angel investor is enabling Indian entrepreneurs by fuelling their innovation.
Some of the startups he has supported include free language learning platform Multibhashi, customer engagement solutions provider Creditas Solutions and subscription-based grocery startup RainCan.
Aakrit Vaish is the Co-Founder and CEO of Haptik, which is a conversational AI platform. He had also co-founded Flat.to, which was a real estate platform for college students and bachelors. His entrepreneurial journey has also helped him to identify and support other budding startups in India.
His portfolio includes startups like Unacademy and battery management and intelligence platform ION Energy.
Anand Mahindra is a well-known Indian businessman. He is the Chairman of Mahindra Group, which is a multinational conglomerate operating across domains like aerospace, automotive, energy, defence, hospitality, logistics and information technology, among others. Apart from building a vast conglomerate empire, he also invests in emerging startups.
Some of his notable investments include Thinkerbell Labs, a startup that creates literacy devices for the visually impaired and LocalCircles, which is a social media platform for communities, governance and urban daily life.
Bharat Banka was the founding CEO and Senior President of Aditya Birla Group. His experience spans diverse fields including strategy, business, principal investing and M&A. He is also a member of the Indian Angel Network, CIO Angel Network, Venture Nursery and The Indus Entrepreneurs.
Over the years, some of his investments in Indian startups include names like OYO Rooms, Perpetuiiti Tech, Invenzone, TalView, Vegayan, AdStringo, InstaSafe, and Infinity Assurance.
Devesh Chawla is the Founder and CEO of Chatur Ideas, India’s largest startup enabling platform. He is not only helping Indian startups to secure funding and mentoring through his initiative but also supports budding entrepreneurs as an angel investor.
Startups in his portfolio include home automation service provider NUOS, cloud management platform Cloudrino and all in one event management software Hubilo.
Vikram Chachra is a Founding Partner at 8i Ventures, an early-stage fund for fintech and consumer startups. With over two decades of experiences spanning across domains, he is also supporting entrepreneurs by providing angel investment.
Some of his key investments include online competitive exam preparation platform OnlineTyari, global recruiter exchange platform CBREX and SaaS-based marketing platform MassBlurb.
Farooq Adam is Co-Founder of Fynd, an online shopping platform. After graduating from IIT Bombay, Farooq worked at Opera Solutions for four years. For over half a decade, he has been working on building and growing Fynd. During the course of his journey, he has also helped other entrepreneurs through angel investments.
Some of his recent investments include deeptech startup Vimobin Labs, subscription-based vehicle maintenance service platform FirstU and unisex retail startup Disrupt Brand.
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.