Request page removalAbout Utpal Sheth
Utpal Sheth is an entrepreneur and an angel investor based out of Mumbai, India. They did their Bachelors from University of Mumbai in 1991. Their journey in the startup ecosystem started in 2000 through TRUST. Utpal Sheth has founded 1 company. They are currently acting as the founder of TRUST. As an angel investor, Utpal Sheth has a portfolio of 13 companies, focusing primarily on sectors like Retail, Consumer and 14 more sectors. They invest in companies across India. Their most notable investments include companies like smallcase and Nazara.
Utpal Sheth's Investments
Utpal Sheth has invested in 13 companies. Their most recent investment was in PRYM Aerospace (Seed Round) on Oct 06, 2025. Their investments are primarily in Retail, Consumer and 14 more sectors. Their investment portfolio companies are located in India.Here is the list of recent investments by Utpal Sheth:
Date | Company | Round | Round Amount | Co-Investors |
|---|---|---|---|---|
Oct 06, 2025 | Seed | $2.41M | and 3 more | |
Mar 13, 2025 | Series E | $5.33M | ||
Feb 06, 2025 | Series B | $138M | and 27 more | |
Dec 31, 2024 | Series A | $20M |
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Utpal Sheth's Portfolio Exits
Utpal Sheth has 2 Portfolio Exits namely Nazara and The Label Life.
Here are the details of all portfolio exits by Utpal Sheth:
Company | Description | Location | Total Funding | Founded Year | Exit Type | Exit Date |
|---|---|---|---|---|---|---|
Provider of diversified gaming and sports media platform | Mumbai (India) | $128M | 1999 | IPO | Mar 30, 2021 | |
Internet-first brand of multi-category fashion products for women | Mumbai (India) | $5.14M | 2012 | Acquisition | Jan 17, 2022 |
Utpal Sheth's Founded Companies
Utpal Sheth has founded TRUST.
Here is the detail of this founded company:
Company | Short Description | Total Funding | Founded Year | Current Stage | Location |
|---|---|---|---|---|---|
Corporate advisory firm and investment bank | - | 2000 | Unfunded | Mumbai |
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