Connect with 25 Angel Networks Ready to Invest in your Startup

Backrr Team

0

min read

Welcome to the Backrr community blog! If you're an early-stage Indian founder with a growing business, you know that fundraising is more than just a goal—it's a critical milestone. The investment landscape in 2025 is all about traction. Investors want to see revenue, a solid team, and a clear vision.

But where do you start? Cold emails often go unanswered, and finding the right investor feels like searching for a needle in a haystack.

Don't worry, we've got your back. We've compiled the ultimate, actionable guide to the top 25 angel networks in India that are actively writing checks for revenue-stage startups.

  1. Indian Angel Network (IAN)

Aspect

Details

Description

Backs innovative, tech-driven startups with a powerful ecosystem offering "Money, Mentoring, and Market Access"

Stage

Seed, Pre-Series A

Sectors

Sector-Agnostic, Tech, HealthTech, DeepTech

Cheque Size

₹3-5 Crore

Founder Fit Self-Check

- Have demonstrated market engagement or early revenue
- Solving real-world problem for large addressable market
- Tech-driven business with high barriers to entry
- Coachable, execution-focused team with diverse skills

What Gets a "Yes"

- Clear evidence of concept validation and initial market traction
- Business model with strong moat and massive growth potential
- Team that can articulate how IAN's mentoring will accelerate growth

Avoid/Fix Before Pitch

- Pre-product idea with no market validation
- "Vitamin, not painkiller" solution for small market
- Founders not open to hands-on mentorship

How to Connect

Primary Channel: https://ian-group.vc/submit-plan
LinkedIn Contact: Rajnish Kapoor (Managing Partner)

Expected Materials

Comprehensive business plan or pitch deck

First-Call Prep Questions

- Current traction and proof of market engagement?
- Specific barriers to entry built/planned?
- How do you quantify total addressable market?
- Unique skills of management team?
- Which IAN members can help you scale?

Network Edge

Access to 500+ successful entrepreneurs and dynamic CEOs providing "Money, Mentoring, and Market Access"

  1. Venture Catalysts

Aspect

Details

Description

Integrated incubator backing sector-agnostic startups with unique focus on scaling ventures in Tier 2-3 India (Bharat)

Stage

Early Revenue to Pre-IPO

Sectors

Sector-Agnostic, FinTech, PropTech, Bharat-focused

Cheque Size

₹2-15 Crore

Founder Fit Self-Check

- Have early revenue traction
- Business model has strong potential in Tier 2-3 India
- Founding team with strong business acumen
- Business has potential for massive scale across India

What Gets a "Yes"

- Founder with deep business sense, especially from non-metro city
- Scalable business model leveraging deep network in Tier 2-3 India
- Understanding of Bharat market challenges and opportunities

Avoid/Fix Before Pitch

- Business model exclusively viable in metro cities
- Weak founding team lacking business execution skills
- Pitch not showing understanding of Bharat market

How to Connect

Primary Channel: Application form on website
LinkedIn Contact: Anuj Golecha (Co-Founder)

Expected Materials

Pitch Deck

First-Call Prep Questions

- Current revenue and unit economics?
- Strategy for acquiring customers in Tier 2-3 cities?
- Why is your team best to execute this vision?
- Capital usage plan for scaling operations?
- Biggest execution risks foreseen?

Network Edge

End-to-end ecosystem with sector-specific funds (e.g., BEAMs for FinTech) and unparalleled Tier 2-3 city network access

  1. Mumbai Angels

Aspect

Details

Description

Backs early-stage ventures with deep integration into 360 ONE wealth ecosystem, de-risking follow-on funding

Stage

Early Stage (Seed, Pre-Series A)

Sectors

FinTech, HealthTech, Consumer, B2B SaaS

Cheque Size

₹1.2-1.6 Crore

Founder Fit Self-Check

- Have early revenue traction
- ICP in FinTech, HealthTech, or Consumer sectors
- Strong founding team with clear vision
- Business has potential for significant growth attracting later-stage institutional capital

What Gets a "Yes"

- Model that can leverage 360 ONE network for customers/capital
- Strong unit economics and clear path to profitability
- Founders understanding value of strategic financial partner

Avoid/Fix Before Pitch

- Unclear or unproven monetization strategy
- Limited scalability not attractive for larger VCs
- Not prepared for rigorous, data-driven due diligence

How to Connect

Primary Channel: Email Pitch@mumbaiangels.com
LinkedIn Contact: Priyanka Joshi (Principal, Investor Relations)

Expected Materials

Pitch Deck

First-Call Prep Questions

- Current traction and MRR?
- Ideal customer profile and reach strategy?
- CAC and LTV metrics?
- Scaling plan for next 18 months?
- Key business risks and mitigation strategies?

Network Edge

Unparalleled access to institutional capital, UHNIs, and corporate finance expertise via 360 ONE ecosystem

  1. LetsVenture (LVX)

Aspect

Details

Description

Full-stack digital platform for entire funding lifecycle, connecting founders to massive network of angels, VCs, and family offices

Stage

Early Stage (LVX Start), Growth Stage (LVX Grow)

Sectors

SaaS, FinTech, HealthTech, DeepTech, D2C

Cheque Size

₹0.25-2 Crore (LVX Start); $1-5M (LVX Grow)

Founder Fit Self-Check

- Comfortable with tech-driven, platform-based fundraising
- Want to raise from syndicate to keep cap table clean
- Startup in core sectors (SaaS, FinTech, HealthTech)
- Clear understanding of valuation and funding ask

What Gets a "Yes"

- Crisp, data-driven pitch deck communicating traction and market size
- Proactive founders managing multiple investor relationships
- Scalable business model leveraging large investor network

Avoid/Fix Before Pitch

- Incomplete or poorly structured platform profile
- Unrealistic valuation expectations without data
- Aversion to transparency with broad investor group

How to Connect

Primary Channel: Apply on LVX platform
LinkedIn Contact: Nakul Saxena (Head of Fund Strategy)

Expected Materials

Pitch Deck, detailed company profile on platform

First-Call Prep Questions

- Key growth metrics for last 6 months?
- Capital usage plan for next milestones?
- Customer acquisition strategy?
- Main competitors and defensible moat?
- Why is syndicate right funding structure?

Network Edge

Comprehensive technology platform digitizing entire funding lifecycle from discovery to cap table management

  1. ah! Ventures

Aspect

Details

Description

Full-spectrum investment platform with three distinct tiers providing clear path from first cheque to pre-Series A

Stage

Pre-revenue to Pre-Series A

Sectors

Sector-Agnostic

Cheque Size

Up to ₹1 Cr (First Gear); up to $1M (Angel); $1-10M (High Tables)

Founder Fit Self-Check

- Fit clearly into one of three funding tiers
- Looking for long-term partner supporting follow-on rounds
- Have glocal (global-local) ambition
- Prepared for structured, multi-level curation process

What Gets a "Yes"

- Profitable or cash-positive business model with strong revenue
- Founding team with deep domain knowledge and sector relationships
- Clear vision for scaling beyond initial stage

Avoid/Fix Before Pitch

- Applying to wrong funding tier
- Business with low gross margins or unclear unit economics
- Founders without clear scaling vision

How to Connect

Primary Channel: Apply via "Get Funded" section
LinkedIn Contact: Amit D Kumar (Co-founding Partner)

Expected Materials

Pitch Deck, Financial Model

First-Call Prep Questions

- Which platform (First Gear/Angel/High Tables) fits and why?
- Revenue projections for next 3 years?
- Go-to-market strategy?
- Capital usage for specific milestones?
- Long-term company vision?

Network Edge

Unique three-platform structure providing clear pathway for follow-on funding within same ecosystem

  1. Inflection Point Ventures (IPV)

Aspect

Details

Description

Massive, CXO-driven angel network democratizing startup investing and leveraging community for rapid deal syndication

Stage

Pre-Seed to Series B

Sectors

Sector-Agnostic, B2B SaaS, Consumer Tech

Cheque Size

~₹3.5 Crore

Founder Fit Self-Check

- Seeking experiential capital leveraging large CXO network
- Business benefits from enterprise client connections
- Prepared for detailed, eight-step evaluation process
- Raising round where quick syndication beneficial

What Gets a "Yes"

- Clear problem statement addressing major Indian market gap
- Business model quickly understood by experienced CXOs
- Founder-friendly approach valuing investor relationships

Avoid/Fix Before Pitch

- Niche product difficult for generalist CXO network to understand
- Lack of transparency during due diligence
- Not looking for active mentorship and network support

How to Connect

Primary Channel: Apply via structured funding portal
LinkedIn Contact: Madhukar Bhardwaj (VP, BD & Investments)

Expected Materials

Pitch Deck and completed evaluation form

First-Call Prep Questions

- Core value proposition in one sentence?
- Key traction metrics (users, revenue, pilots)?
- Direct and indirect competitors?
- 12-month execution plan post-funding?
- How to leverage IPV network for growth?

Network Edge

Massive network of 24,000+ CXOs, HNIs, and professionals for rapid deal syndication and extensive industry connections

  1. 100X.VC

Aspect

Details

Description

Pioneering pre-seed fund using founder-friendly iSAFE notes for rapid, simplified first-cheque investments into Moonshot ideas

Stage

Pre-Seed, Seed

Sectors

Sector-Agnostic

Cheque Size

₹1.25 Crore

Founder Fit Self-Check

- Raising first institutional cheque
- Value speed and simplified legal process (iSAFE note)
- Have audacious, moonshot idea with massive market potential
- Ready for intensive, 6-week masterclass program post-investment

What Gets a "Yes"

- Exceptional founding team with unique insight into large market
- Business with potential unfair advantage or moat
- Perfect blend of technical expertise and proven sales experience

Avoid/Fix Before Pitch

- Already having institutional investors on cap table
- Me-too idea with no clear differentiation
- Not prepared to commit to intensive post-investment program

How to Connect

Primary Channel: Apply directly through open application portal
LinkedIn Contact: Vatsal Kanakiya (CEO)

Expected Materials

Online application form

First-Call Prep Questions

- Moonshot vision for your company?
- Why is your team the only one that can build this?
- What is your unfair advantage?
- Progress made so far (prototype, user feedback)?
- How will ₹1.25 Cr help reach next fundable milestone?

Network Edge

Pioneered iSAFE notes in India; intensive mentoring through HomeRun Masterclasses and VC Pitch Day access

  1. Titan Capital

Aspect

Details

Description

Operator-led, founder-first capital from Snapdeal founders, providing unparalleled mentorship and tight-knit founder community

Stage

Pre-Seed, Seed

Sectors

FinTech, SaaS, D2C, Consumer Internet

Cheque Size

₹2.5-4 Crore ($300k-$500k)

Founder Fit Self-Check

- Passionate, deeply committed founder
- Value mentorship from seasoned entrepreneurs who scaled unicorn
- Building in FinTech, SaaS, or D2C
- Want to be part of active, supportive founder community

What Gets a "Yes"

- Exceptional founders who can move mountains to achieve vision
- Clear, ambitious vision even at pre-product stage
- Conviction in team's ability to build market-defining company

Avoid/Fix Before Pitch

- Founders not coachable or unwilling to take feedback
- Pitch focusing only on idea, not team execution capability
- No clear understanding of India scaling challenges

How to Connect

Primary Channel: Warm introductions highly preferred
LinkedIn Contact: Manik Pasricha (Vice President)

Expected Materials

Pitch Deck, note on founding team's background

First-Call Prep Questions

- Why are you the right founder to solve this problem?
- Biggest challenges anticipated in next 12 months?
- Plan to build strong company culture?
- Key metrics for success?
- Where do you need most help beyond capital?

Network Edge

Unparalleled mentorship from Snapdeal founders; tight-knit founder community for hiring, partnerships, future fundraising

  1. The Chennai Angels (TCA)

Aspect

Details

Description

Mentorship-driven network of seasoned industrialists from South India, providing deep domain expertise and invaluable connections

Stage

Early Revenue

Sectors

Sector-Agnostic, B2B, SaaS, DeepTech

Cheque Size

₹0.5-2.5 Crore

Founder Fit Self-Check

- At early revenue stage with market traction
- Have unique solution in large addressable market
- Headquartered in India
- Seeking active mentorship from experienced industry leaders

What Gets a "Yes"

- Coachable and energetic leadership team with proven track record
- Business with proprietary technology or strong barriers to entry
- Clear exit strategy aligning with investor expectations

Avoid/Fix Before Pitch

- Approaching at idea stage with no revenue/traction
- Business model direct copy of competitor with no unique advantage
- Founders not based in India

How to Connect

Primary Channel: https://thechennaiangels.com/funding
LinkedIn Contact: K. Chandran (CEO)

Expected Materials

Pitch Deck, completed online application form

First-Call Prep Questions

- Current monthly revenue and growth rate?
- How is solution significantly different from competitors?
- Go-to-market strategy?
- Projected financials for next 3 years?
- Planned exit strategy?

Network Edge

Strong mentorship-driven network of 120+ elite leaders and industrialists from South India providing deep domain expertise

  1. Hyderabad Angels (HA)

Aspect

Details

Description

Globally-connected network with deep roots in Hyderabad's tech ecosystem, deploying new fund focused on co-investing in tech and AI startups

Stage

Seed+ to Series B

Sectors

Tech, AI, SaaS, HealthTech, FinTech

Cheque Size

Up to ₹5 Crore from new fund

Founder Fit Self-Check

- Have prototype with customer discovery and early revenue
- Business highly scalable with potential to become $20M company in 3-5 years
- Competent, energetic, and pioneering leadership team
- Clear exit strategy defined

What Gets a "Yes"

- Strong tech or AI focus with scalable business model
- Business benefiting from co-investment with top-tier VC firms
- Founders with passionate commitment and leadership track record

Avoid/Fix Before Pitch

- Pitching at pure idea stage without prototype/customer discovery
- Business model not demonstrating rapid growth potential
- Pitch without realistic financials and clear exit strategy

How to Connect

Primary Channel: https://investors.hyderabadangels.in/entrepreneur-signup
LinkedIn Contact: Rathnakar Samavedam (Investment Director)

Expected Materials

Pitch deck, 3-min video pitch, cap table, 3-year financial projections, traction metrics

First-Call Prep Questions

- Customer discovery completed?
- How to capture significant market share?
- Key traction metrics?
- Proprietary assets or IP?
- 3-5 year growth plan?

Network Edge

Deep roots in Hyderabad's tech ecosystem; strategic co-investment model with top-tier VC firms for larger capital and shared expertise

  1. Lead Angels

Aspect

Details

Description

Alumni-focused, full-stack investment platform offering curated opportunities from seed funding to unlisted equity

Stage

Seed to Growth

Sectors

Sector-Agnostic, SaaS, FinTech, HealthTech

Cheque Size

Up to ₹3 Crore

Founder Fit Self-Check

- Seeking strategic funding and hands-on support
- Value partner assisting with future capital raises and business connections
- Building in high-growth sector like SaaS, FinTech, or DeepTech
- Appreciate structured investment process through SEBI-registered AIF

What Gets a "Yes"

- Well-researched, promising, and revenue-making startup
- Business model benefiting from premier institution alumni network
- Highly specialized, deep-tech domains

Avoid/Fix Before Pitch

- Startups without clear revenue model or path to profitability
- Founders not looking for post-investment support in PR and talent search
- Pitch lacking clear competitive landscape understanding

How to Connect

Primary Channel: https://leadinvest.in/find-angel-investors
LinkedIn Contact: Direct application portal (specific contacts not publicly listed)

Expected Materials

Pitch Deck

First-Call Prep Questions

- Current revenue and growth trajectory?
- Fund usage plan for strategic growth?
- Customer acquisition cost and strategy?
- How to leverage Lead Angels network?
- Plans for future fundraising rounds?

Network Edge

Unique "Seed Funding to Unlisted Shares" model offering complete private market lifecycle; strong alumni network from premier institutions

  1. We Founder Circle (WFC)

Aspect

Details

Description

Global, community-driven platform connecting founders with strategic investors for seed funding, business development, and cross-border opportunities

Stage

Pre-Seed, Seed, Series A

Sectors

Sector-Agnostic

Cheque Size

₹1-2 Crore

Founder Fit Self-Check

- Have global or cross-border ambitions
- Seeking community-based approach with strategic investors
- Value business development support through corporate partnerships
- Comfortable with digital-first investment process

What Gets a "Yes"

- Inspiring and ambitious entrepreneurs with strong vision
- Business model leveraging global community for expansion
- Scalable, high-impact ventures addressing Bharat market

Avoid/Fix Before Pitch

- Business purely local with no international potential
- Founders not interested in active community participation
- Pitch lacking clear business development and partnership strategy

How to Connect

Primary Channel: Apply via partner platform (Invstt)
LinkedIn Contact: Bhawna Bhatnagar (Co-Founder, Global Community Head)

Expected Materials

Profile on Invstt platform

First-Call Prep Questions

- Global expansion strategy?
- How can WFC community help achieve goals?
- Corporate partnerships sought?
- Key milestones for next 18 months?
- Competitive advantage in market?

Network Edge

Global, community-driven approach emphasizing cross-border business opportunities and partnerships with global corporate innovation programs

  1. JITO Angel Network (JAN)

Aspect

Details

Description

Sector-agnostic network backed by global community of 15,000 Jain industrialists, providing unparalleled business connections and support

Stage

Early Stage (Seed to Series A)

Sectors

Sector-Agnostic with ethical exclusions

Cheque Size

Up to ₹12.5 Crore ($1.5M)

Founder Fit Self-Check

- Business does NOT involve alcohol, non-vegetarian products, or leather
- Have unique product/service with large scaling potential
- Incorporated private limited company
- Seeking value beyond funding - business support and connections

What Gets a "Yes"

- Startup solving real problem where JITO network can significantly increase top and bottom lines
- Business with strong potential for wealth and employment generation
- Ambitious, category-defining ventures

Avoid/Fix Before Pitch

- Any business in excluded categories (alcohol, non-veg, leather)
- Pitch not clearly articulating large-scale growth potential
- Founders not looking for active business support post-investment

How to Connect

Primary Channel: Apply via structured online portal
LinkedIn Contact: Pooja Mehta (CIO)

Expected Materials

Completed online application

First-Call Prep Questions

- How does business align with JITO's values?
- Unique value proposition and scaling strategy?
- How can JITO industrialist network help business grow?
- Revenue projections and key milestones?
- Long-term company vision?

Network Edge

Backed by JITO network of 15,000+ industrialists, businessmen, and HNIs from Jain community worldwide providing unparalleled business support

  1. FAAD Network

Aspect

Details

Description

Global, sector-agnostic firm focusing on asset-light, scalable businesses with structured and transparent 30-60 day deal closure process

Stage

Seed, Pre-Series A

Sectors

Sector-Agnostic

Cheque Size

₹0.4-8 Crore ($50k-$1M)

Founder Fit Self-Check

- Have existing customer base and revenue traction
- Business model is asset-light and highly scalable
- Strong founding team with good work experience
- Value quick and transparent fundraising process

What Gets a "Yes"

- Startup with clear proof of concept and existing revenue
- Innovative idea with strong USP and global scalability
- Decent valuation meeting member expectations

Avoid/Fix Before Pitch

- Capital-intensive or asset-heavy business models
- Pre-revenue ideas without proof of concept
- Founders not prepared for meticulous due diligence

How to Connect

Primary Channel: Email pitch deck to deals@faad.com
LinkedIn Contact: Harshika Paliwal (Principal)

Expected Materials

Updated Pitch Deck

First-Call Prep Questions

- Current revenue traction and customer base?
- How is business asset-light and scalable?
- USP and global expansion plan?
- Preferred exit strategy for investors?
- Team's background and experience?

Network Edge

Structured 30-60 day deal closure process; strong mentorship focus with global network access for expansion

  1. Eagle10 Ventures

Aspect

Details

Description

Early-stage group founded by seasoned product leaders focusing exclusively on tech-driven startups with existing paying customers

Stage

Early Stage

Sectors

Technology-driven

Cheque Size

₹0.5-1.5 Crore

Founder Fit Self-Check

- Have technology-driven startup
- Already have external paying customers (key metric)
- Great team capable of building great venture
- Business in large market with 10x growth potential

What Gets a "Yes"

- Hard proof of customer validation through existing paying customers
- Strong, resilient founding team executing on large market opportunity
- Clear plan for post-investment mentorship to scale 10x

Avoid/Fix Before Pitch

- Pitching pre-revenue or pre-customer idea
- Business not fundamentally technology-driven
- Small market opportunity with limited growth potential

How to Connect

Primary Channel: http://eagle10ventures.com
LinkedIn Contact: Pramod D'Souza (Co-Founder)

Expected Materials

Pitch Deck

First-Call Prep Questions

- Who are paying customers and their feedback?
- Key traction metrics (revenue, user growth)?
- Why is team right to capture large market?
- Product roadmap for next 18 months?
- Plan to achieve 10x growth with support?

Network Edge

Founded by seasoned corporate product leaders; strong emphasis on post-investment mentorship leveraging hands-on experience for 10x scaling

  1. Calcutta Angels Network (CAN)

Aspect

Details

Description

First structured angel network in Eastern India, providing crucial access to capital and mentorship for region's developing startup ecosystem

Stage

Early Stage, Growth Stage

Sectors

FinTech, EdTech, E-commerce

Cheque Size

₹0.5-1.5 Crore

Founder Fit Self-Check

- Building startup in or focused on Eastern India
- In FinTech, EdTech, or E-commerce sectors
- Moved beyond idea stage with initial traction/proof of concept
- Seeking mentorship from local business leaders

What Gets a "Yes"

- Scalable idea with capable execution team
- Technology-driven business model not reliant on manual processes
- Founders invested own time and money ("skinned their own back")

Avoid/Fix Before Pitch

- Building business just to get funded rather than solve real problem
- Looking for investment at pure idea stage without proof of concept
- Plan to spend funds on non-essentials like plush office

How to Connect

Primary Channel: Email prad.dalmia@calcutta-angels.com or accounts@lansdowneinvestments.in
LinkedIn Contact: Pradyumna Dalmia (Director)

Expected Materials

Pitch Deck

First-Call Prep Questions

- How are you addressing the problem and making money?
- Initial traction or proof of concept shown?
- How will funds be used frugally for team and product building?
- What makes team capable of scaling business?
- Plan for subsequent funding rounds?

Network Edge

First structured angel platform in Eastern India providing crucial capital and mentorship access in developing regional venture ecosystem

  1. Chandigarh Angels Network

Aspect

Details

Description

Regional powerhouse focused on nurturing startup ecosystem in Chandigarh, Punjab, and Haryana with capital and local mentorship

Stage

Idea to Early Revenue

Sectors

Sector-Agnostic

Cheque Size

₹0.25-1 Crore

Founder Fit Self-Check

- Early-stage company based in or focused on North India region
- Seeking to validate business model with experienced entrepreneurs
- Value mentorship and handholding from local business leaders
- Strong connection to Chandigarh tri-city ecosystem

What Gets a "Yes"

- Promising startup benefiting from bespoke mentoring
- Business model with potential to create jobs and scale in region
- Founders committed to building business from Chandigarh region

Avoid/Fix Before Pitch

- Approaching without clear connection/strategy for North Indian market
- Not prepared to receive and act on direct mentorship and feedback
- Business with no potential for validation/growth within their ecosystem

How to Connect

Primary Channel: Warm introductions preferred
LinkedIn Contact: Vineet Khurana (VP & Director)

Expected Materials

Pitch Deck

First-Call Prep Questions

- Connection to Chandigarh ecosystem?
- How have you validated business model so far?
- Key milestones for next 12-18 months?
- Where do you need most help from mentors?
- Long-term company vision?

Network Edge

Strong regional focus nurturing startup ecosystem in Chandigarh, Punjab, and Haryana with local capital and mentorship access

  1. AngelList India

Aspect

Details

Description

India's leading syndication platform, allowing founders to raise from many investors while keeping cap table clean with single entry

Stage

Pre-Seed, Seed

Sectors

Tech, SaaS, FinTech, Consumer

Cheque Size

Varies by syndicate (typically ₹0.5-5+ Crore)

Founder Fit Self-Check

- Want to raise from large group of value-add angels without cluttering cap table
- Building high-growth technology startup
- Have strong lead investor who can run syndicate
- Comfortable with platform-driven, transparent fundraising process

What Gets a "Yes"

- High-quality deal with credible lead investor
- Compelling story attracting wide range of angel investors
- Platform to consolidate high-profile investor interest into single SPV

Avoid/Fix Before Pitch

- Trying to raise without committed lead investor for syndicate
- Business not fit for broad base of tech-focused angel investors
- Incomplete or unconvincing company profile on platform

How to Connect

Primary Channel: Create company profile and apply on platform
LinkedIn Contact: Sumit Jain (Partner)

Expected Materials

Complete and compelling company profile on AngelList

First-Call Prep Questions

- Who is lead investor and why are they backing you?
- Round terms (valuation cap, discount)?
- Traction and key metrics?
- Fund usage to get to next stage?
- Why should broad group of angels be excited?

Network Edge

Syndicate model allows raising from large investor group while keeping single entity (syndicate's SPV) on cap table for clean future institutional rounds

  1. 360 ONE

Aspect

Details

Description

Leading wealth and asset manager providing seamless capital continuum from angel rounds via Mumbai Angels to growth equity and pre-IPO financing

Stage

Early to Growth

Sectors

Sector-Agnostic

Cheque Size

Varies by fund (₹1.2-1.6 Cr via Mumbai Angels)

Founder Fit Self-Check

- Early-stage startup looking for path to larger, institutional funding
- Business benefiting from UHNI and large corporation network access
- Seeking long-term financial partner for entire growth journey
- For early-stage, fit Mumbai Angels criteria

What Gets a "Yes"

- Business with deep domain expertise and strong growth potential
- Clear scaling path requiring future growth capital rounds
- Founders leveraging sophisticated financial services ecosystem

Avoid/Fix Before Pitch

- Business with limited growth potential not needing follow-on capital
- Founders not prepared to work with large, institutional financial partner
- Pitch not aligning with underlying fund investment thesis

How to Connect

Primary Channel: For early-stage, apply via Mumbai Angels (Pitch@mumbaiangels.com); for growth-stage, warm introduction best
LinkedIn Contact: Sameer Nath (CIO - Private Equity & Venture Capital)

Expected Materials

Pitch Deck

First-Call Prep Questions

- Long-term capital strategy?
- Business scaling plan over next 5 years?
- Key financial projections and assumptions?
- How can 360 ONE ecosystem specifically help growth?
- Competitive advantage in market?

Network Edge

Comprehensive financial services ecosystem supporting startup journey from angel round to pre-IPO financing providing seamless capital continuum

  1. N+1 Capital

Aspect

Details

Description

India's pioneer in non-dilutive Revenue-Based Growth Capital (RBGC), offering funding to growing startups without taking equity

Stage

Growth

Sectors

Sector-Agnostic

Cheque Size

₹1-15 Crore

Founder Fit Self-Check

- Have minimum annual revenue of ₹12 Crore
- Business has gross margins of 25%+ or more
- Need growth capital for revenue-generating activities (marketing, inventory)
- Want to avoid/postpone equity dilution before larger priced round

What Gets a "Yes"

- Steady-state, growing business with predictable revenue streams
- Clear, data-driven plan for capital usage to increase revenue
- Founders understanding revenue-based financing mechanics

Avoid/Fix Before Pitch

- Pre-revenue or early-stage startups without significant revenue
- Businesses with low gross margins or unpredictable cash flow
- Needing capital for R&D, capex, or paying off existing debt

How to Connect

Primary Channel: Apply on website or email contact@np1.in
LinkedIn Contact: Ashish Singla (Co-Founder and Managing Partner)

Expected Materials

Financial statements, revenue projections

First-Call Prep Questions

- Monthly revenues for last 12 months?
- Gross margins?
- How will capital be used to generate more revenue?
- Repayment capacity based on revenue share model?
- Why is revenue-based financing better fit than equity funding now?

Network Edge

Non-dilutive funding model taking percentage of monthly revenue until pre-agreed cap reached, allowing growth capital access without ownership sacrifice

  1. FirstCheque

Aspect

Details

Description

Institutional pre-seed fund known for writing literal first cheque into companies, often backing first-time founders before product fully built

Stage

Pre-Seed

Sectors

SaaS, DevTools, D2C

Cheque Size

₹0.2-0.8 Crore

Founder Fit Self-Check

- First-time founder
- At pre-product or pre-revenue stage
- Building in SaaS, developer tools, or D2C
- Looking for partner to help get from idea to product-market fit

What Gets a "Yes"

- Strong conviction in founding team and their unique insight
- Clear understanding of problem being solved, even if product not built
- Ability to identify promising consumer startups based on founder potential

Avoid/Fix Before Pitch

- Already having raised institutional round
- Team without deep understanding of market they're entering
- Founders not prepared for hands-on partner at earliest stage

How to Connect

Primary Channel: Warm introductions highly preferred
LinkedIn Contact: Best approach is warm introduction to Kushal Bhagia (CEO) through mutual connection

Expected Materials

Short, crisp note on team and idea

First-Call Prep Questions

- Why are you right person to solve this problem?
- What unique insight do you have about this market?
- Plan to build initial product?
- Who are first 10 potential customers?
- Biggest risks faced in next 6 months?

Network Edge

Strong focus on being literal first cheque into company, often investing before product fully built based on founding team strength and idea

  1. Better Capital

Aspect

Details

Description

Prolific, solo GP-led firm known for fast, high-conviction decisions with strong focus on B2B SaaS and FinTech infrastructure

Stage

Pre-Seed, Seed

Sectors

SaaS, FinTech, DevTools

Cheque Size

₹0.5-2 Crore

Founder Fit Self-Check

- Building in B2B SaaS, FinTech, or developer tools
- Value quick decision-making from experienced solo GP
- Gritty founder with passionate idea
- Looking for partner with deep domain expertise

What Gets a "Yes"

- Founders building fundamental infrastructure for large market
- Clear and compelling product vision
- Building essential tools for India's SMEs

Avoid/Fix Before Pitch

- Business outside core focus areas (SaaS, FinTech, DevTools)
- Founders not prepared for direct, no-fluff conversation
- Pitch lacking clear product and GTM strategy

How to Connect

Primary Channel: Warm introductions strongly preferred
LinkedIn Contact: Best approach is warm introduction to Vaibhav Domkundwar (Founder) through mutual connection

Expected Materials

Concise deck and clear explanation of problem being solved

First-Call Prep Questions

- Core problem being solved?
- Product roadmap?
- Target customer and reach strategy?
- Unique insight into this market?
- Why will you win against competitors?

Network Edge

Solo GP model allowing extremely fast decision-making; deep SaaS and FinTech expertise making valuable partner for those domains

  1. TEAM Angels

Aspect

Details

Description

Founder-led initiative by Mumbai's top tech entrepreneurs (Dream11, CleverTap, GOQii) providing operator-led funding and mentorship to Mumbai-based startups

Stage

Idea Stage and beyond

Sectors

Sector-Agnostic

Cheque Size

₹0.4-1.5 Crore

Founder Fit Self-Check

- Startup headquartered in Mumbai Metropolitan Region (including Thane, Panvel)
- Seeking mentorship from Mumbai's most successful tech founders
- Value clarity of thought and speed of execution
- Can be at any stage, even just an idea

What Gets a "Yes"

- High-quality founding teams (most important factor)
- Founders benefiting from context, networks, and mentorship rooted in Mumbai's unique DNA
- Clear demonstration of progress and traction, if available

Avoid/Fix Before Pitch

- Being headquartered outside Mumbai Metropolitan Region
- Pitch not clearly articulating team's strengths and past achievements
- Founders not looking for active, operator-led guidance

How to Connect

Primary Channel: Apply directly via application form on website
LinkedIn Contact: Direct application portal best way to connect with founder-led investment council (Anupam Mittal is key member)

Expected Materials

Completed online application form

First-Call Prep Questions

- Why did you choose to build startup in Mumbai?
- Most significant past achievements (professional or personal)?
- Current progress/traction?
- How do you plan to execute vision with speed?
- Which TEAM Angels founders can help you most, and why?

Network Edge

Direct funding and mentorship from Mumbai's most successful tech entrepreneurs providing unparalleled operator-led guidance and preferred service provider access

  1. Dexter Angels

Aspect

Details

Description

Angel network focused on providing both capital and strategic guidance to early-stage Indian startups, from idea to revenue

Stage

Idea to Early Revenue

Sectors

Sector-Agnostic

Cheque Size

₹0.4-0.8 Crore ($50k-$100k)

Founder Fit Self-Check

- At earliest stages of journey (idea, prototype, or early revenue)
- Indian startup
- Seeking partner for strategic guidance to navigate initial challenges
- Building innovative consumer brand or tech product

What Gets a "Yes"

- Strong founding team with clear vision, even at idea stage
- Business model with clear path to product-market fit
- Innovative D2C brands redefining consumer category with healthier alternatives

Avoid/Fix Before Pitch

- Approaching at later stage (e.g., Series A)
- Lack of clarity on strategic guidance needed
- Business not based in India

How to Connect

Primary Channel: Connect via profile on OpenVC
LinkedIn Contact: Ankit Saraf (Senior Investment Associate)

Expected Materials

Pitch Deck submitted via OpenVC

First-Call Prep Questions

- Core problem being solved?
- Plan to get from idea to revenue?
- Target customers?
- Biggest strategic challenges faced right now?
- How do you envision company in next 18-24 months?

Network Edge

Focus on providing not just capital but strategic guidance to help early-stage startups navigate initial business building challenges

  1. Okya Ventures

Aspect

Details

Description

Cross-border US-India angel network with sharp focus on deep technology, providing Indian startups bridge to global markets and capital

Stage

Pre-Seed, Seed, Early Revenue

Sectors

AI/ML, DeepTech, Enterprise SaaS

Cheque Size

₹0.65-1.6 Crore ($80k-$200k)

Founder Fit Self-Check

- Building startup in AI/ML, DeepTech, or Enterprise SaaS
- Have cross-border business model (build in India, sell in US)
- At pre-seed or seed stage
- Seeking access to US investors and markets
- Team possesses deep technical expertise and global mindset

What Gets a "Yes"

- Clear US GTM strategy articulating first ten US customers and reach strategy
- Defensible technology with proprietary technology, strong data moat, or unique IP
- Cross-border team with experience/understanding of both Indian and US business ecosystems

Avoid/Fix Before Pitch

- India-only focus with business model limited to domestic market
- No technical moat with easily replicable product lacking deep technological innovation
- Lack of US market insight without competitor research or US market tailoring

How to Connect

Primary Channel: Apply via contact form on website
LinkedIn Contact: Gaurav Gupta (General Partner)

Expected Materials

Pitch Deck, 2-min Demo Video, note on cross-border strategy

First-Call Prep Questions

- Specific go-to-market strategy for US?
- How is technology fundamentally different from existing global solutions?
- Team's experience with cross-border operations or sales?
- How to handle legal, compliance, and operational challenges in US?
- Unit economics and how they compare to US competitors?

Network Edge

Cross-border US-India focus providing Indian startups bridge to global markets and capital with sharp deep technology focus

Decoding the Patterns: What India's Top Angel Networks Value in 2025

After analyzing these 25 networks, clear patterns emerge. If you want to get funded in late 2025, you need to know what investors are looking for. Here’s the inside scoop in a nutshell:

  • Hot Sectors are Key: Enterprise SaaS, FinTech, and HealthTech are still the top draws for investors. These sectors have proven scalability and high-margin potential.  

  • AI is Everywhere: Artificial Intelligence is no longer a niche. Networks are actively seeking AI-native companies or startups using AI to disrupt traditional industries. If you have an AI component, highlight it.  

  • The Founder is Everything: Universally, the decision comes down to the founding team. Investors are backing people. You need to project deep domain expertise, resilience, and a clear, compelling vision.  

  • "Mentorship" Needs to be Tangible: Don't fall for generic promises of "guidance." Look for networks that offer a concrete advantage. For example, if you're targeting non-metro cities, Venture Catalysts' on-ground network is a real asset. If you need a clear path to your Series A, Mumbai Angels' integration with 360 ONE is a strategic advantage.  

Finding Your Fit: Which Angel Network is Right for You?

Not all angel networks are created equal. Choosing the right one is a strategic decision. Here’s a quick breakdown to help you find your match:

  • The Ecosystem Builders (Venture Catalysts, IAN, IPV): Best for founders who want a structured, hands-on partner. They offer a complete support system beyond just capital, including incubation, mentorship, and market access.

  • The Operator-Led VCs (Titan Capital, TEAM Angels, Better Capital): Ideal for founders who value advice from those who have built successful companies themselves. Their guidance is practical, empathetic, and rooted in real-world experience.

  • The Digital Platforms (LetsVenture, AngelList India): Perfect for founders who are comfortable with a tech-driven fundraising process. They offer broad access to investors and help you keep your cap table clean through syndicates.

  • The Regional Champions (The Chennai Angels, Hyderabad Angels): Invaluable for founders building in specific regions like South or East India. They offer deep local market insights and connections.

  • The Niche Specialists (N+1 Capital, 100X.VC): Great for specific needs. N+1 Capital offers non-dilutive funding (no equity given up), while 100X.VC provides super-fast funding for early-stage needs.

Finding Your Fit: Which Angel Network is Right for You?

Not all angel networks are created equal. Choosing the right one is a strategic decision. Here’s a quick breakdown to help you find your match:

  • The Ecosystem Builders (Venture Catalysts, IAN, IPV): Best for founders who want a structured, hands-on partner. They offer a complete support system beyond just capital, including incubation, mentorship, and market access.

  • The Operator-Led VCs (Titan Capital, TEAM Angels, Better Capital): Ideal for founders who value advice from those who have built successful companies themselves. Their guidance is practical, empathetic, and rooted in real-world experience.

  • The Digital Platforms (LetsVenture, AngelList India): Perfect for founders who are comfortable with a tech-driven fundraising process. They offer broad access to investors and help you keep your cap table clean through syndicates.

  • The Regional Champions (The Chennai Angels, Hyderabad Angels): Invaluable for founders building in specific regions like South or East India. They offer deep local market insights and connections.

  • The Niche Specialists (N+1 Capital, 100X.VC): Great for specific needs. N+1 Capital offers non-dilutive funding (no equity given up), while 100X.VC provides super-fast funding for early-stage needs.

Final Recommendations for Your 2025 Fundraise:

  1. Lead with Traction: Your revenue and growth metrics are your entry ticket. Make sure your data is clean and tells a compelling story.

  2. Do Your Homework: Use this guide to create a shortlist of 5-7 networks that are a perfect fit for your sector, stage, and vision.

  3. Tell Your Team's Story: Your pitch must answer why your team is the only one that can win this market.

  4. Find a Lead Investor: Focus your energy on securing a lead investor from a reputable network. Their validation will create momentum and attract other investors to close your round.

Choosing the right network is your first major strategic move. Use this guide to make it count. Good luck!

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