# Mumbai Angels: portfolio, investments and team

> Mumbai Angels is a vc firm based in India. 35 investments on record, latest Oct 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mumbai-angels (Millionrounds; every figure on the page links to its filing or article)

India · [Investor](https://millionrounds.com/investors)

# Mumbai Angels

Last cheque observed Oct 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Seed Series A Venture Renewable Energy Software Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 35 on record

Since the last cheque **4029** days **00** hrs **00** min **00** sec

Median round **$500K** Rounds led **0 of 35** Sole investor **8 rounds** Exits **2 from the portfolio** Mostly in **India, 82%**

Pitch Mumbai Angels

## Mumbai Angels highlights

- 01 35 rounds on record
- 02 Mostly Seed and Series A: 79% of its rounds
- 03 Sole investor in 8 rounds, median $325K
- 04 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Renewable Energy Software Venture Capital & Private Equity
- **Based in:** Mumbai, India
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **35 appearances**

- **2015** 7 rounds
- **Oct** **[bounty app](https://millionrounds.com/company/bounty-app)** Seed · IN **Undisclosed** With 3 others
- **Jul** **[Joybynature](https://millionrounds.com/company/joybynature)** Seed · IN **$1.0M** With 1 other
- **Jun** **[BabyChakra](https://millionrounds.com/company/babychakra)** Seed · IN **$600K** With 1 other
- **Mar** **[Speakwell Enterprises](https://millionrounds.com/company/speakwell-enterprises)** Venture · IN **$10M** With 2 others
- **Feb** **[Klip.in](https://millionrounds.com/company/klip-in)** Seed · US **$500K** With 3 others
- **Feb** **[NextGen](https://millionrounds.com/company/nextgen)** Seed · IN **Undisclosed** Sole investor
- **Feb** **[NextGen Healthcare Information Systems](https://millionrounds.com/company/nextgen-healthcare-information-systems)** Venture · US **Undisclosed** Sole investor
- **2014** 5 rounds
- **Dec** **[Primaseller](https://millionrounds.com/company/primaseller)** Series B · IN **Undisclosed** With 1 other
- **Jul** **[ShepHertz](https://millionrounds.com/company/shephertz)** Venture **$1.2M** With 6 others
- **Jun** **[FortunePay](https://millionrounds.com/company/fortunepay)** Seed · IN **$1.0M** With 3 others
- **Jun** **[AdSparx](https://millionrounds.com/company/adsparx)** Seed · US **$600K** With 3 others
- **Mar** **[iKure Techsoft](https://millionrounds.com/company/ikure-techsoft)** Seed · IN **$115K** With 2 others
- **2013** 10 rounds
- **Oct** **[SkillWiz](https://millionrounds.com/company/skillwiz)** IN · finsmes.com **Undisclosed** Sole investor
- **Sept** **[Klip.in](https://millionrounds.com/company/klip-in)** Seed · IN · iamwire.com **Undisclosed** With 1 other
- **Aug** **[Purplle](https://millionrounds.com/company/purplle)** Series A · IN · finsmes.com **Undisclosed** With 2 others
- **Jul** **[Traffio](https://millionrounds.com/company/traffio)** Seed · US **$300K** With 1 other
- **Jun** **[WeAreHolidays](https://millionrounds.com/company/weareholidays)** Seed · IN · startupcentral.in **Undisclosed** With 3 others
- **Jun** **[NowFloats](https://millionrounds.com/company/nowfloats)** Seed · IN **Undisclosed** With 2 others
- **Jun** **[AllizHealth](https://millionrounds.com/company/allizhealth)** Seed · IN **$350K** With 5 others
- **May** **[eDreams Edusoft](https://millionrounds.com/company/edreams-edusoft)** Series A · IN **$2.0M** With 1 other
- **Apr** **[ShepHertz](https://millionrounds.com/company/shephertz)** Seed **$300K** With 2 others
- **Apr** **[Jack On Block](https://millionrounds.com/company/jack-on-block)** Seed · IN · usf.vc **Undisclosed** With 1 other
- **2012** 7 rounds
- **Dec** **[Squeakee](https://millionrounds.com/company/squeakee)** Seed · IN · articles.economictimes.indiatimes.com **Undisclosed** With 1 other
- **Jul** **[Bookmycab](https://millionrounds.com/company/bookmycab)** Series A · IN **Undisclosed** With 1 other
- **May** **[Rolocule Games](https://millionrounds.com/company/rolocule-games)** Seed · IN · yourstory.in **Undisclosed** With 1 other
- **Apr** **[United Mobile Apps](https://millionrounds.com/company/united-mobile-apps)** Series A · IN · finsmes.com **$1.0M** With 1 other
- **Apr** **[Hotelogix](https://millionrounds.com/company/hotelogix)** Venture · IN · betanews.com **$1.2M** With 2 others
- **Mar** **[Exotel](https://millionrounds.com/company/exotel)** Series A · IN · yourstory.in **$500K** With 1 other
- **Jan** **[Traffio](https://millionrounds.com/company/traffio)** Seed · US **$400K** Sole investor
- **2011** 2 rounds
- **Jul** **[NoPaperForms.com](https://millionrounds.com/company/nopaperforms-com)** Seed · IN **$500K** With 1 other
- **Apr** **[Zipdial](https://millionrounds.com/company/zipdial)** Series A · IN **Undisclosed** Sole investor
- **2009** 1 round
- **Nov** **[Cityzenith](https://millionrounds.com/company/cityzenith)** Venture · US · vccircle.com **$214K** Sole investor
- **2008** 1 round
- **Jun** **[Textual Analytics Solutions](https://millionrounds.com/company/textual-analytics-solutions)** Venture · IN · kidmercuryblog.com **$250K** Sole investor
- **2007** 2 rounds
- **Jan** **[Myntra](https://millionrounds.com/company/myntra)** Seed · IN **Undisclosed** With 1 other
- **Jan** **[InMobi](https://millionrounds.com/company/inmobi)** Seed · IN · contentsutra.com **$500K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Zipdial](https://millionrounds.com/company/zipdial)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **$30M** Jan 2015

**[Myntra](https://millionrounds.com/company/myntra)** Bought by Flipkart **$300M** May 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Venture

Median round joined **$500K** the round, not its cheque Alone, median **$325K**

Led 0 of 35 rounds **0%**

- **Sole investor:** 8 rounds
- **Last cheque:** Oct 2015
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Seed *21*
- Series A *6*
- Venture *6*
- Series B *1*

Cheques by year Led Joined

2007 2015

Often in the room with

- [Blume Ventures](https://millionrounds.com/fund/blume-ventures) 9
- [Kae Capital](https://millionrounds.com/fund/kae-capital) 4
- [Kishore Ganji](https://millionrounds.com/fund/kishore-ganji) 4
- [growX ventures](https://millionrounds.com/fund/growx-ventures-fund-i) 3
- [Accel](https://millionrounds.com/fund/accel) 2
- [Aniruddha Malpani](https://millionrounds.com/fund/aniruddha-malpani) 2

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## Who they invest alongside

The investors most often in the same rounds as Mumbai Angels. A count of rooms they were both in, not a relationship either has claimed.

[**Blume Ventures** VC firm **9** rounds together](https://millionrounds.com/fund/blume-ventures)[**Kae Capital** VC firm **4** rounds together](https://millionrounds.com/fund/kae-capital)[**Kishore Ganji** Company **4** rounds together](https://millionrounds.com/fund/kishore-ganji)[**growX ventures** VC firm **3** rounds together](https://millionrounds.com/fund/growx-ventures-fund-i)[**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)[**Aniruddha Malpani** Angel **2** rounds together](https://millionrounds.com/fund/aniruddha-malpani)[**VentureNursery** VC firm **2** rounds together](https://millionrounds.com/fund/venturenursery)

## Mentioned on podcasts

Episodes that name Mumbai Angels in their description, not their title.

- [VC10X](https://millionrounds.com/podcasts/vc10x) 5 Mar 2024 · 40 min VC10X - The Early Days of Indian Startup Ecosystem - Anil Joshi, Managing Director, Unicorn India Ventures Mentions [Mumbai Angels](https://millionrounds.com/fund/mumbai-angels) Apple PodcastsShow page
- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 19 Apr 2020 · 45 min Blume Ventures: Sanjay Nath on Post Covid-19 Scenario for Startups & Building Future of Work With [Sanjay Nath](https://millionrounds.com/person/sanjay-nath) Mentions [Blume Ventures](https://millionrounds.com/fund/blume-ventures)[Mumbai Angels](https://millionrounds.com/fund/mumbai-angels)[Naveen Tiwari](https://millionrounds.com/person/naveen-tiwari) Apple Podcasts

## Quick answers about Mumbai Angels

### What does Mumbai Angels invest in?

Mumbai Angels invests most often at Seed and Series A (79% of the rounds on record), in sectors such as Renewable Energy, Software and Venture Capital & Private Equity.

### How active is Mumbai Angels?

35 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2015.

### How big are Mumbai Angels's cheques?

The median round it joins is $500K.

### Does Mumbai Angels lead rounds?

Rarely, if at all: none of its 35 investments on record names it as the lead.

### Where does Mumbai Angels invest?

Most of the companies it backs are in India (82%) and the United States (18%).

### Is Mumbai Angels investing now?

No investments in the last 12 months; the latest was in Oct 2015.

### Who does Mumbai Angels invest alongside?

Most often Blume Ventures (9 rounds together), Kae Capital (4 rounds together) and Kishore Ganji (4 rounds together).

### What kind of investor is Mumbai Angels?

Mumbai Angels is a VC firm based in Mumbai, India.

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