Close 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.

Mumbai Angels

Investor type Angel Group
Founders Prashant Choksey Praveen Chakravarty


Unlock datapoints

Portfolio analytics



News & Media

Add fund to favorites
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.
Total investments 196
Average round size
The average size of a deal this fund participated in
Portfolio companies 167
Rounds per year 12.25
Lead investments 75
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 22
Key employees 3
Stages of investment
Early Stage Venture

Areas of investment

  • E-Commerce
  • Software
  • Food and Beverage
  • Information Technology
  • Health Care

In 2006 was created Mumbai Angels, which is appeared as Corporate Investor. The venture was found in Asia in India. The leading representative office of defined Corporate Investor is situated in the Mumbai.

The fund was created by Prashant Choksey, Praveen Chakravarty. We also calculated 3 valuable employees in our database.

The fund has no exact preference in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the most popular fund investment industries, there are Food and Beverage, Advertising. For fund there is a match between the country of its foundation and the country of its the most frequent investments - India. Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. Among the various public portfolio startups of the fund, we may underline InMobi, Rizort, NoPaperForms Solutions Pvt. Ltd.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the Mumbai Angels, startups are often financed by Kae Capital, Singapore Angel Network, Microsoft Accelerator Bangalore. The meaningful sponsors for the fund in investment in the same round are Kae Capital, Singapore Angel Network, growX ventures. In the next rounds fund is usually obtained by Kalaari Capital, Chiratae Ventures, Omidyar Network.

The fund is generally included in 7-12 deals every year. The important activity for fund was in 2019. Considering the real fund results, this Corporate Investor is 19 percentage points more often commits exit comparing to other organizations. The common things for fund are deals in the range of 1 - 5 millions dollars. The higher amount of exits for fund were in 2015. When the investment is from Mumbai Angels the average startup value is 1-5 millions dollars. Opposing the other organizations, this Mumbai Angels works on 16 percentage points less the average amount of lead investments.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Mumbai Angels:
Typical Co-investors
Mumbai Angels 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 Mumbai Angels:
There are no funds here. If we find new data, we will add it here.

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation


$1M13 Sep 2022 Delhi, Delhi, India

Travel Buddy

Social Network
06 Sep 2022 Gurgaon, Haryana, India

Burger Singh

Food and Beverage
Food Delivery
Snack Food
$3M20 Jul 2022 Gurugram, Haryana, India


$1M09 Jun 2022 Pune, Maharashtra, India


$570K07 Jun 2022 Bengaluru, Karnataka, India


$1M25 May 2022 Mumbai, Maharashtra, India

Red Basil Technologies

Food and Beverage
$325K10 May 2022 Gurgaon, Haryana, India

Hemp Horizons

25 Apr 2022 -

Celcius Logistics Solutions

Supply Chain Management
$4M20 Apr 2022 Mumbai, Maharashtra, India


  • 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
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Mumbai Angels?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: