“I had an edge, I had come to Bangalore, and Mr. Ashok had told me the future: out-sourcing”. –Balram, From the novel ‘The White Tiger’ by Arvind Adiga.
Do you remember these famous lines from the novel ‘White Tiger’ by Arvind Adiga? The protagonist’s dark journey towards light ended up in Banglore. Why Bangalore? This city is the hub for outsourcing, and budding startups, and thus, it is the land of possibilities. This city is now known for innovative startups and its angel investors. Popularly known for its tech innovations, recently Bangalore has earned a new title, ‘India’s capital of startups’. Since most of the angel investors reside in Bangalore, it becomes easy for budding entrepreneurs to start their journey from here. Angel investors have ample experience, capital, and connections, that help early-stage development of startups. Also, they can guide new entrepreneurs to become a leader in the industry.
From providing crucial funding, and mentorship, to strategic guidance for developing a business, these angel investors can give the right boost to your startup. For startups who are looking to secure their initial rounds of funding, Bangalore is the right place to start with!
Let Corporate Soldiers unveil it for you!
Why Do You Need Angel Investors to Boost Your Startup?
Startups are often a passion baby for entrepreneurs, but passion alone cannot guarantee success. Businesses have all types of phases of highs and lows, but for startups, lows can hit them harder. Thus, for the success of your startup you need a guiding light to guide you through the initial stage. Otherwise, it will end up like any other hobby. This is why angel investors become necessary in the startup ecosystem by providing not only capital but also mentorship and guidance.
Their investments often come at a critical stage when startups need funds to develop their products or services and scale their operations. In Bangalore, these investors are fostering innovation across various sectors, including technology, health, and consumer goods. Let’s explore how they play a crucial role in your startup journey.
- To generate seed capital.
- Funding to develop prototypes, hire talent, or launch products.
- Their mentorship will guide you in developing business strategies, market-entry, and also scaling.
- With the right angel investors, you will have ample networking opportunities. Also, from access to other investors, and advisors, to potential customers, all these things will boost up your startup.
Angel Investors in Bangalore- Investment Criteria & Funding Overview:
If startups are cells, then Bangalore is mitochondria for them. That’s why Bangalore has the largest number of angel investors in India. For emerging businesses, to secure early-stage funding and deals, it is the right place to start. Let us see the investment criteria of these angel investors in Bangalore.
Aspects | Details |
Sector Focus | Tech (dominant), fintech, e-commerce, edtech, SaaS, health tech |
Funding Volume | $66.3 billion over a decade.Thus, Bangalore has the largest share of angel investment in India. |
Average Size | From INR 50 lakhs to INR 2 crores |
Investment Criteria | Innovative new ideas, scalable models, strong teams, target market size, early user adoption, and revenue growth. |
Investment Stages | Focus on pre-seed, seed, and early-stage startups (Means priority to early-stage startups, then growth-stage and lastly, expansion-stage) |
Read Article: ₹70,000 crore Defence Bid Loss: More Chaos For L&T After Subrahmanyan’s 90-Hour Workweek Remark
Top Industry Leaders As Angel Investors in Bangalore:
While specific investment decisions are subjective, based on industry reports, here are some of the top angel investors in Bangalore that startups should be aware of.
Angel Investor Name | Background | Investment Focus | Usual Investment Size | Investment Criteria |
Kunal Shah | Founder of CRED | Fintech, consumer-tech, SaaS | Seed investments-INR 1 crore | Innovative ideas, strong unit economics, focus on user experience |
Rajan Anandan | Former Managing Director of Google India & SEA | Fintech, SaaS, e-commerce, tech startups | INR 50 lakhs-INR 2 crores | Strong founding teams, innovative ideas, scalable models |
Kunal Bahl | Co-founder of Snapdeal | Fintech, consumer-tech, SaaS, and tech startups | Seed investments to larger rounds exceeding INR 1 crore. | Seeks innovative ideas, strong unit economics, scalable models, and a focus on user experience. |
Binny Bansal | Co-founder of Flipkart | E-commerce, fintech, logistics, consumer tech | INR 75 lakhs-INR 2 crores+ | Understanding of the Indian market, tech-led solutions |
Sachin Bansal | Co-founder of Flipkart | Fintech, AI, emerging tech | Initiates from INR 50 lakhs | Relies on data-driven approach, scalability, traction in the market |
Vijay Shekhar Sharma | Founder & CEO of Paytm | Fintech, digital payments, consumer-tech | From seed funding to series B round | Growth in consumer behaviour, strong tech capability |
Vani Kola | Founder of Kalaari Capital | Technology and consumer-based startups | INR 50 lakhs to INR 3 crores | Passionate founding teams, disruptive innovation |
Ramakant Sharma | Co-founder of Livspace and an operating partner in Jungle Ventures | Consumer electronics, AI, FinTech | INR 10 lakhs to INR 5 crores | Innovative ideas, strong founding teams, scalable business models, sector focus |
Top Angel Investors in Bangalore By The Number of Startups They Funded:
Investor Name | Number of Startups Funded |
Rajan Anandan | Over 80 |
Ramakant Sharma | 76 |
Kunal Bahl | 74 |
Vijay Shekhar Sharma | 52 |
Binny Bansal | 15 |
Vani Kola | 15 |
Sachin Bansal | 13 |
How to Approach Startup Investors?
If you are looking for angel investors to boost your startup or you have a plan but don’t know where to start or looking to expand your business, Bangalore is the right place for you. At Corporate Soldiers, we have curated some tips that might be helpful for you to approach these angel investors.
- Research thoroughly before reaching out is a must! Research potential angel investors to understand their investment focus, portfolio, and preferences and narrow down your research accordingly.
- Have you watched Shark Tank? Why are we asking this? Because you must prepare a strong pitch for your startup. Your pitch must highlight your team, your business model, your target market size and your solution to a certain problem, and financials etc.
- Demonstrate early traction through user growth, revenue, or other key metrics. This data will show the investors consider your startup and also shows your early evidence of success.
- Line up your existing network of contacts, mentors, and advisors to make introductions to angel investors.
- Be prepared to answer tough questions and provide detailed information about your business.
- Present a realistic valuation of your startup based on its current stage and performance.
- Patience is the key to anything. Securing an angel investment can be a lengthy process, so be patient and persistent.
At Corporate Soldiers, we encourage budding entrepreneurs on their journey and seek and share information that helps them to achieve the growth they need. When it comes to growing your business’s social media or professional platform growth, Corporate Soldiers provides the optimal support. Still thinking about boosting your business’s presence, connect with us today!