Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Indian Angel Network

Founders Alok Mittal Padmaja Ruparel

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 202
Average round size
info
The average size of a deal this fund participated in
$1M
Portfolio companies 160
Rounds per year 11.22
Lead investments 48
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.21
Exits 6
Key employees Soon
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • E-Commerce
  • Education
  • SaaS
  • Information Technology
Summary

Indian Angel Network appeared to be the Corporate Investor, which was created in 2006. The company was established in Asia in India. The main department of described Corporate Investor is located in the New Delhi.

The current fund was established by Alok Mittal.

The typical startup value when the investment from Indian Angel Network is 5-10 millions dollars. The important activity for fund was in 2016. Despite it in 2019 the fund had an activity. The higher amount of exits for fund were in 2018. The fund is constantly included in 7-12 investment rounds annually. The common things for fund are deals in the range of 1 - 5 millions dollars. Comparing to the other companies, this Indian Angel Network performs on 25 percentage points less the average number of lead investments. Considering the real fund results, this Corporate Investor is 22 percentage points more often commits exit comparing to other organizations.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Indian Angel Network, startups are often financed by Nitin Singhal, IDG Ventures, Unitus Ventures. The meaningful sponsors for the fund in investment in the same round are Blume Ventures, India Quotient, IDG Ventures. In the next rounds fund is usually obtained by Chiratae Ventures, Blume Ventures, Artha India Ventures.

Among the most successful fund investment fields, there are Education, Health Care. Among the most popular portfolio startups of the fund, we may highlight SuperProfs, WedMeGood, bijnis (Formerly ShoeKonnect). Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. The fund has exact preference in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the location of its establishment and the land of its numerous investments - India.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Indian Angel Network:
Typical Co-investors
Indian Angel Network is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Indian Angel Network:

Funds with similar focus

Funds from India
Funds with similar focus located in India:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Pandorum Technologies

Biotechnology
Emergency Medicine
Health Care
$11M19 Mar 2024 Bengaluru, Karnataka, India

PlanetSpark

E-Learning
EdTech
Education
$11M10 Mar 2024 Gurugram, Haryana, India

Scandalous Foods

Food Delivery
Food Processing
$182K14 Feb 2024 Mumbai, Maharashtra, India

Noccarc Robotics

CleanTech
Medical Device
Robotics
Solar
$2M13 Feb 2024 Pune, Maharashtra, India

Papa Pawsome

Pet
Service Industry
Veterinary
$435K05 Feb 2024 Thane, Maharashtra, India

Adya

SaaS
Security
Software
$1M16 Jan 2024 -

Evolve

Health Care
$325K19 Dec 2023 -

SecurWeave Research Labs

Hardware
Network Hardware
Security
$364K08 Nov 2023 Bangalore, Karnataka, India

OnFinance AI

Artificial Intelligence
FinTech
SaaS
$1M07 Nov 2023 Bengaluru, Karnataka, India

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Indian Angel Network?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 202
Average round size 1M
Rounds per year 11.22
Peak activity year 2021
Lead investments 48
Follow on index 0.21
Exits 6
Group Appearance index 0.58

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Pandorum Technologies

Biotechnology
Emergency Medicine
Health Care
$11M19 Mar 2024 Bengaluru, Karnataka, India

PlanetSpark

E-Learning
EdTech
Education
$11M10 Mar 2024 Gurugram, Haryana, India

Scandalous Foods

Food Delivery
Food Processing
$182K14 Feb 2024 Mumbai, Maharashtra, India

Noccarc Robotics

CleanTech
Medical Device
Robotics
Solar
$2M13 Feb 2024 Pune, Maharashtra, India

Papa Pawsome

Pet
Service Industry
Veterinary
$435K05 Feb 2024 Thane, Maharashtra, India

Adya

SaaS
Security
Software
$1M16 Jan 2024 -

Evolve

Health Care
$325K19 Dec 2023 -

SecurWeave Research Labs

Hardware
Network Hardware
Security
$364K08 Nov 2023 Bangalore, Karnataka, India

OnFinance AI

Artificial Intelligence
FinTech
SaaS
$1M07 Nov 2023 Bengaluru, Karnataka, India
Crunchbase icon

Content report

The following text will be sent to our editors: