When was Indian Angel Network founded?

Indian Angel Network was founded in 2006.

Where is Indian Angel Network's headquarters located?

Indian Angel Network's headquarters is located in Delhi (India).

How many companies has Indian Angel Network invested in?

Indian Angel Network has invested in 278 companies, including Spinny & EatClub.

Which companies has Indian Angel Network invested in lately?

RoshAi & InterCosmos are the latest investments by Indian Angel Network.

What sectors does Indian Angel Network focus on for investments?

Top sectors in Indian Angel Network's portfolio are Enterprise Applications (88 investments) and Consumer (98 investments).

How many exits has Indian Angel Network been involved in?

Indian Angel Network's portfolio has seen 17 acquisitions.

How many unicorns are there in Indian Angel Network's portfolio?

There are 4 unicorns in Indian Angel Network's portfolio.

Indian Angel Network - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Indian Angel Network's investment team?

Indian Angel Network has a team of 41.

Indian Angel Network, established in 2006, is an angel investment group based in Delhi, India. It primarily focuses on Seed investments in companies in India. Its portfolio includes 278 firms, spanning the Enterprise Applications, Consumer sectors. Its most notable investments include companies like Spinny, EatClub and Druva. As of May 2026, Indian Angel Network has 4 unicorns under its belt and has witnessed 17 portfolio exits. Its latest investment was a $2.36M Seed round in RoshAi on Apr 08, 2026.

To date, 2,661 investors have co-invested in Indian Angel Network's portfolio companies, including prominent names like Raman Roy.

Key Metrics

Founded Year

2006

Location

Delhi, India

Portfolio Companies

Spinny, EatClub & 276 more

Sectors of Investment

Enterprise Applications, Consumer & 37 more

Stages of Investment

Seed, Series A & 3 more

Locations of Investment

India, United States & 4 more

Unicorn in Portfolio

Uniphore, Spinny & 2 more

View Indian Angel Network's full profile

Indian Angel Network has a portfolio of 278 companies, including 4 unicorns. Their most notable investments are in BreviStay and Ensologic.Their portfolio spans across India, United States, Sri Lanka and 3 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 36 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Indian Angel Network:

1. Spinny

Online retailer of inspected used vehicles with service and financing. The business provides vehicle sales with options for home test drives and delivery. It offers vehicle service plans and facilitates financing through partner lenders. The business provides a platform for individuals to sell vehicles.

Key facts about Spinny

Founded Year: 2015
Location: Gurugram (India)
Annual Revenue: ₹4,750Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series G
Total Funding till date: $698M
Employee Count: 5,736 as on May 31, 2025
Investors: Fidelity Investments, Tiger Global Management and 55 Others
Latest Funding Round: Series G, Dec 12, 2025, $*****
Highlight: Editors' Pick

2. EatClub

Provider of D2C cloud kitchens and food delivery services. The app offers late-night delivery, live order tracking, and the ability to order from multiple brands in a single transaction. The company uses a cloud kitchen model, partnering with brands to provide a range of cuisines to its customers.

Key facts about EatClub

Founded Year: 2012
Location: Mumbai (India)
Annual Revenue: ₹516Cr as on Mar 31, 2024
Valuation: $*****
Stage: Series D
Total Funding till date: $97.7M
Employee Count: 3,656 as on Aug 31, 2025
Investors: Tiger Global Management, Haystack and 76 Others
Latest Funding Round: Series D, Jul 26, 2025, $*****
Highlight: Editors' Pick

3. Druva

Provider of cloud-based platform for data protection, security, and governance. The platform delivers cyber resilience, automated threat response, and data recovery. It offers data protection, cyber response and recovery, and eDiscovery and compliance capabilities. The platform supports public cloud, hybrid cloud, SaaS applications, and endpoint environments.

Key facts about Druva

Founded Year: 2008
Location: Santa Clara (United States)
Valuation: $*****
Stage: Series H
Total Funding till date: $475M
Employee Count: 1,376 as on Mar 31, 2026
Investors: ADS Ventures, Founders Circle Capital and 41 Others
Latest Funding Round: Series H, Apr 19, 2021, $*****
Highlight: Editors' Pick

4. Ola Cabs

Operator of a network providing on-demand transportation and mobility solutions. It facilitates booking of rides through its platform. The company offers options for daily commutes, outstation trips, and hourly rentals. It also provides options for booking electric vehicles.

Key facts about Ola Cabs

Founded Year: 2010
Location: Bengaluru (India)
Annual Revenue: ₹2,200Cr as on Mar 31, 2024
Valuation: $*****
Stage: Series J
Total Funding till date: $3.84B
Employee Count: 3,724 as on Aug 31, 2025
Investors: Helion Venture Partners, USM and 148 Others
Latest Funding Round: Series J, Feb 22, 2022, $*****
Highlight: Editors' Pick

5. Clensta

Provider of D2C personal care brand powered by science and nature. The platform offers products including skincare, haircare, home, and wellness products. Its product formulations avoid harmful chemicals and are cruelty-free, SLS-free, paraben-free, and more.

Key facts about Clensta

Founded Year: 2016
Location: Delhi (India)
Annual Revenue: ₹78.7Cr as on Mar 31, 2024
Valuation: $*****
Stage: Series B
Total Funding till date: $12.8M
Employee Count: 72 as on Mar 31, 2026
Investors: Amazon, SoftBank Group and 94 Others
Latest Funding Round: Series B, Oct 10, 2024, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Indian Angel Network has invested in 278 companies over the last 20 years, with an average of 18 new investments annually in the last 10 years. In 2025, it made 24 investments, while as of Apr 2026, it has made 12 investments in this year. Its most recent first time investment was in RoshAi and most recent follow-on round was in Grid.

Here are Indian Angel Network's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	11	1	12
2025	15	9	24
2024	10	10	20
2023	11	8	19
2022	26	17	43
2021	31	26	57
2020	19	12	31
2019	18	9	27
2018	10	5	15
2017	12	4	16

View all investments by Indian Angel Network

Indian Angel Network has made 226 investments in Seed stage with an average round size of $667K, 26 investments in Series A stage with an average round size of $2.71M, 8 investments in Angel stage with an average round size of $521K, 1 investment in Series B stage with an average round size of $4M and 1 investment in Series C stage with an average round size of $12.5M.

Here are Indian Angel Network's investments by stage:

Stage of entry	No. of Investments
Seed	226
Series A	26
Angel	8
Series B	1
Series C	1

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

View all investments by Indian Angel Network

Indian Angel Network has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, Retail and Vertical SaaS. Notably, it has invested in 248 Tech companies, 158 Enterprise (B2B) companies, 135 Consumer (B2C) companies and at least 126 companies focusing on Software.

Here are Indian Angel Network's investments by sector:

Sector	No. of Investments
Consumer	93
Enterprise Applications	85
High Tech	49
Retail	46
Vertical SaaS	31
Others	369

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

View all investments by Indian Angel Network

Indian Angel Network has made most investments in India (243), followed by United States where it has made 17 investments.

Here are Indian Angel Network's investments by geography:

Country	No. of Investments
India	243
United States	17
United Kingdom	6
Sri Lanka	3
France	1
Others	1

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

View all investments by Indian Angel Network

Indian Angel Network has made 12 investments in 2026 so far. RoshAi and InterCosmos are the latest among them.

Here are the most recent investments by Indian Angel Network:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Apr 08, 2026	RoshAi	United States	Seed	5547	-
Apr 01, 2026	InterCosmos	India	Seed	9257	-
Mar 19, 2026	Rymo Technologies	India	Seed	4099	-
Mar 11, 2026	Skye Air	India	Series B	8657	AVNM Ventures [+2]
Mar 10, 2026	Grid	India	Series A	4161	Transition VC [+27]

See more recent investments made by Indian Angel Network

Indian Angel Network has 4 unicorns in its portfolio - Uniphore, Spinny, Druva and others. The most recent unicorn in their portfolio is Uniphore. It became a unicorn in 2022, 7 years after Indian Angel Network first invested in it.

Here is a list of unicorns in Indian Angel Network's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
67	Uniphore	Provider of a business artificial intelligence platform with agentic and model layers	2008	High Tech [+1]	Palo Alto	Series F	isuzckr
83	Spinny	Online retailer of inspected used vehicles with service and financing	2015	Consumer [+3]	Gurugram	Series G	fpnlwfu
78	Druva	Provider of cloud-based platform for data protection, security, and governance	2008	Enterprise Infrastructure [+1]	Santa Clara	Series H	eqyqccl
74	Ola Cabs	Operator of a network providing on-demand transportation and mobility solutions	2010	Consumer [+4]	Bengaluru	Series J	camahrv

View more details about unicorns in Indian Angel Network's portfolio

17 companies from Indian Angel Network's portfolio have been acquired. The most recent acquisition was Dusminute in Sep 2025 by Starlocalmart for $*****.

Here are Indian Angel Network's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Dusminute	Sep 01, 2025	Jan 21, 2021	Seed	1916
Pikkol	Sep 06, 2023	Jun 15, 2016	Seed	4473
Coolberg	Nov 28, 2022	Jul 29, 2018	Seed	6922
TaxSpanner	Nov 09, 2022	-	-	3969
Little Black Book	Aug 06, 2022	Apr 08, 2016	Series A	8975

View all acquired companies in Indian Angel Network's portfolio

Indian Angel Network has a team of 41 members including 3 Principals located in India. Indian Angel Network's team does not sit on the board of any company as of now.

Here is a list of top team members in Indian Angel Network:

Name	Designation	Location	Board Memberships	Contact Details
Hari Balasubramanian	Principal	Bengaluru	-	1 Email, 1 Phone number
Romesh Sobti	Principal	-	-	-
Sri Prakash	Principal	-	-	-

View team details of Indian Angel Network

Over the past 20 years, 7095 investors have co-invested in Indian Angel Network's portfolio companies. This includes funds and angels.

Invested before Indian Angel Network: 100X.VC, Angel List and 1786 others have invested in rounds before Indian Angel Network. There are 7 companies where 100X.VC has invested before Indian Angel Network and 6 companies where Angel List has invested before Indian Angel Network.
Top Co-investors of Indian Angel Network: 2661 investors entered a company along with Indian Angel Network. These include investors like Raman Roy (99 companies).
Invested after Indian Angel Network: A total of 2646 investors have invested in Indian Angel Network's portfolio after their investments. Top Investors include Haystack (14 companies) and Gopal Menon (11 companies).