Where is AngelBay's headquarters located?

AngelBay's headquarters is located in Gurugram (India).

How many companies has AngelBay invested in?

AngelBay has invested in 78 companies, including InCred & OakNorth Bank.

Which companies has AngelBay invested in lately?

FinQY & Moonwalk Coffee are the latest investments by AngelBay.

What sectors does AngelBay focus on for investments?

Top sectors in AngelBay's portfolio are Enterprise Applications (19 investments) and Retail (17 investments).

How many exits has AngelBay been involved in?

AngelBay's portfolio has seen 1 IPO and 2 acquisitions.

How many unicorns are there in AngelBay's portfolio?

There are 2 unicorns in AngelBay's portfolio.

AngelBay - 2026 Investor Profile, Portfolio, Team & Investment Trends

AngelBay, established in 2020, is an angel investment group based in Gurugram, India. It primarily focuses on Seed investments in companies in India. Its portfolio includes 78 firms, spanning the Enterprise Applications, Retail sectors. Its most notable investments include companies like InCred, OakNorth Bank and Olyv. As of Nov 2026, AngelBay has 2 unicorns under its belt and has witnessed 3 portfolio exits. Its latest investment was a $2M Seed round in FinQY on Aug 07, 2024.

To date, 446 investors have co-invested in AngelBay's portfolio companies, including prominent names like Faad Capital.

Key Metrics

Founded Year

2020

Location

Gurugram, India

Portfolio Companies

InCred, OakNorth Bank & 76 more

Sectors of Investment

Enterprise Applications, Retail & 24 more

Stages of Investment

Seed, Series A & 2 more

Locations of Investment

India, United States & 1 more

Unicorn in Portfolio

InCred & OakNorth Bank

View AngelBay's full profile

AngelBay has a portfolio of 78 companies, including 2 unicorns. Their most notable investments are in Faad Capital and 6Degree.Their portfolio spans across India, United States and United Kingdom. They have invested in Enterprise Applications, Retail, Consumer and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by AngelBay:

1. InCred

Provider of financial services specializing in personal, education, and business loans. The platform utilizes technology and data science for its suite of offerings. It provides loans tailored to meet financial needs within the lending industry. The company also offers resources related to regulatory compliance and consumer education.

Key facts about InCred

Founded Year: 2016
Location: Mumbai (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
Valuation: $*****
Stage: Series D
Total Funding till date: $320M
Employee Count: 2,161 as on May 31, 2025
Investors: Nippon, Asas Capital and 130 Others
Latest Funding Round: Conventional Debt, Jul 04, 2025, $*****
Highlight: Editors' Pick

2. OakNorth Bank

Digital bank empowering entrepreneurs and savers with smart tools. It offers business loans across diverse sectors, integrated banking tools, and personalised savings accounts, the bank combines intuitive digital services with expert financial guidance. It empowers individuals and businesses to manage money, achieve targets, and scale with confidence, all backed by robust regulatory standards and secure banking practices.

Key facts about OakNorth Bank

Founded Year: 2015
Location: London (United Kingdom)
Annual Revenue: £100M - £500M as on Dec 31, 2025
Valuation: $*****
Stage: Series C
Total Funding till date: $962M
Employee Count: 681 as on Sep 30, 2026
Investors: GIC, SoftBank Vision Fund and 18 Others
Latest Funding Round: Series C, Jun 03, 2021, $*****
Highlight: Editors' Pick

3. Olyv

A personal loan and financial solutions provider. It provides users with a company that offers a range of financial services primarily focused on personal loans and savings options. It also offers tailored loans for specific needs, such as travel and laptop purchases.

Key facts about Olyv

Founded Year: 2017
Location: Bengaluru (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series C
Total Funding till date: $49.5M
Employee Count: 27 as on May 31, 2026
Investors: Trifecta Capital, Primis Ventures and 57 Others
Latest Funding Round: Series C, Jan 27, 2026, $*****
Highlight: Editors' Pick

4. Pee Safe

Platform offering personal hygiene and wellness products. It offers a diverse selection of items catering to menstrual care, intimate hygiene, toilet hygiene, and grooming needs. Products include sanitary pads, menstrual cups, intimate washes, toilet seat sanitizers, and grooming tools.

Key facts about Pee Safe

Founded Year: 2017
Location: Gurugram (India)
Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series C
Total Funding till date: $22M
Employee Count: 140 as on Aug 31, 2025
Investors: 9Syndicate, Aeroflex Enterprises and 17 Others
Latest Funding Round: Series C, Jan 14, 2026, $*****
Highlight: Editors' Pick

5. Evenflow

Platform offering acquisition and scaling of e‑commerce businesses. The company acquires online brands from marketplaces and integrates them into its operational ecosystem, covering sourcing, warehousing, inventory, finance, and listing optimization. It then applies growth strategies including branding, performance marketing, catalog management, and platform expansion to accelerate brand reach and performance.

Key facts about Evenflow

Founded Year: 2021
Location: Mumbai (India)
Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $14.5M
Employee Count: 124 as on Sep 30, 2026
Investors: Daoura, Equanimity Investments and 54 Others
Latest Funding Round: Series A, Mar 28, 2025, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

AngelBay has invested in 78 companies over the last 6 years, with an average of 3 new investments annually in the last 5 years. Its most recent first time investment was in Moonwalk Coffee and most recent follow-on round was in FinQY.

Here are AngelBay's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	2	2	4
2023	1	2	3
2022	10	5	15
2021	15	0	15
2020	2	0	2

View all investments by AngelBay

AngelBay has made 26 investments in Seed stage with an average round size of $878K, 2 investments in Series A stage with an average round size of $5.75M, 1 investment in Angel stage with an average round size of $265K and 1 investment in Venture Debt stage.

Here are AngelBay's investments by stage:

Stage of entry	No. of Investments
Seed	26
Series A	2
Angel	1
Venture Debt	1

Note: We have considered here, only first round of investments

View all investments by AngelBay

AngelBay has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, FinTech and Consumer Goods. Notably, it has invested in 63 Tech companies, 45 Enterprise (B2B) companies, 41 Consumer (B2C) companies and at least 28 companies focusing on Software.

Here are AngelBay's investments by sector:

Sector	No. of Investments
Consumer	10
Retail	10
Enterprise Applications	9
FinTech	9
Consumer Goods	5
Others	29

Note: We have considered here, only first round of investments

View all investments by AngelBay

AngelBay has made most investments in India (29), followed by United States where it has made 1 investment.

Here are AngelBay's investments by geography:

Country	No. of Investments
India	29
United States	1

Note: We have considered here, only first round of investments

View all investments by AngelBay

AngelBay has not made any investment in 2026 so far.

Here are the most recent investments by AngelBay:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Aug 07, 2024	FinQY	India	Seed	2497	-
Jun 25, 2024	Moonwalk Coffee	India	Seed	9052	Hemangkumar Kanaiyalal Sheth ... [+16]
Mar 27, 2024	Artfine	India	Seed	4762	Unity Small Finance Bank [+3]
Mar 15, 2024	Sugmya Finance	India	Seed	8377	KapTable [+13]
Nov 10, 2023	amocare	India	Seed	4255	Faad Capital [+4]

See more recent investments made by AngelBay

AngelBay has 2 unicorns in its portfolio - InCred and OakNorth Bank. The most recent unicorn in their portfolio is InCred. It became a unicorn in 2023, 2 years before AngelBay first invested in it.

Here is a list of unicorns in AngelBay's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
82	InCred	Provider of financial services specializing in personal, education, and business loans	2016	FinTech [+1]	Mumbai	Series D	rdfdndc
76	OakNorth Bank	Provider of digital banking services for businesses and personal savers	2015	FinTech	London	Series C	ahaqvnl

View more details about unicorns in AngelBay's portfolio

1 of AngelBay's portfolio company became public - Gensol Engineering. It got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), in Oct 2019 at marketcap of $9.48M

Here are AngelBay's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Gensol Engineering	Oct 15, 2019	-	-	4881

View more details about public companies in AngelBay's portfolio

2 companies from AngelBay's portfolio have been acquired. The most recent acquisition was ClearDekho in Apr 2025 by SMV Jaipuria Group for $*****.

Here are AngelBay's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
ClearDekho	Apr 23, 2025	-	-	4224
Prescinto	Oct 15, 2024	Feb 11, 2022	Series A	4257

View all acquired companies in AngelBay's portfolio

AngelBay has a team of 2 members including 2 Partners located in India. AngelBay's team does not sit on the board of any company as of now.

View team details of AngelBay

Over the past 6 years, 1338 investors have co-invested in AngelBay's portfolio companies. This includes funds and angels.

Invested before AngelBay: Sorabh Agarwal, Venture Catalysts and 531 others have invested in rounds before AngelBay. There are 6 companies where Sorabh Agarwal has invested before AngelBay and 4 companies where Venture Catalysts has invested before AngelBay.
Top Co-investors of AngelBay: 446 investors entered a company along with AngelBay. These include investors like Faad Capital (9 companies).
Invested after AngelBay: A total of 359 investors have invested in AngelBay's portfolio after their investments. Top Investors include Angel List (2 companies) and 100Unicorns (2 companies).