According to Tracxn data, the funding in Indian startups in the first quarter of the calendar year 2019 sank 25% sequentially to $2.4 billion.
Indian Startups raised $5.85 billion of funding in the first half of 2019, from investors in 360 deals. 227 Angel investors participated in the early-stage funding rounds, a report published by Inc42 DataLabs.
- Sanjay Mehta-Founder & Partner at 100X.VC is the leader of the first half of 2019, among Indian Angel investors.
- Fintech (57), enterprise tech (52) and consumer services (40) are the top sectors with the number of deals executed.
- Ecommerce $1.03 Bn, finTech $1.01 Bn and transport tech $800 Mn emerged as the top sectors in terms of the total funding amount.
- Sequoia Capital India is the most active VC with 23 funding deals in the first half of 2019.
- In Q1 2019, Indian startups raised over $3.4 Billion across 174 deals.
Top Indian Angel investors who participated in the first half
Founder & Partner at 100X.VC is the leader of the first half of 2019, among Indian Angel investors. Sanjay Mehta, Founder & Partner at 100X.VC, Early Stage Investor using iSAFE Note, Mehta Ventures Family Office, Director CORE Media, is the most active Angel Investors of H1 2019. Sanjay Mehta, a serial entrepreneur-turned angel investor has invested in over 130 companies since 2011, including OYO Rooms, Box8, LogiNext, and Block. Sanjay as an Angel Investor, 12 successful exits till now, over seven years of investment, and 14 companies dead.
Serial entrepreneur and 2nd in the list of Indian Angel investors of the first half of 2019, he has multiple media experience across the spectrum including radio, print, television and the web. He has so far launched six ventures- two folded, two sold, while two others are on hold. Currently, the founder of Buzzworks.
Siddharth is also the most active Indian Angel investor. He started Angel Investing in the Year 2008. Today, we have a portfolio of over 100+ startups in India, Singapore & USA. We believe that Startups should concentrate on team-building, continuous fundraising and aim to become self-sufficient through growth and sales. Largely sector-agnostic but tech-oriented, Siddharth has many successful start-ups in his portfolio.
Sharan is also the most active Indian Angel investor. CEO, and co-founder of Delta3D, and Cass alumni associated with Lead Angels and Mumbai Angels Network. Sharan Aggarwal, MSc Finance and Private Equity from LSE (Class of 2016), engaged in angel investing IN INDIA. He interested in Healthcare, Media and Technology startups. Prior investments also cover sectors such as SaaS, FinTech and F&B among others.
Sachin is an Investment professional with 19 years of experience with a powerful foundation of operating role in FMCG, retail and media. Have driven P&Ls of large businesses and made significant contributions in various organizations from the start-up phase of the businesses to profitable scaling up. He currently leading Capital18, media & venture investing division of Network18/TV18 group. (CNBC, Moneycontrol, News18, Firstpost & more).
Personal angel investment in startups includes Allizhealth, ConfirmTkt, Vphrase, UniversityLiving, Classboat, NUOs, Cloudrino and ChangeMyPath.
He is the founding member of IndSAGA (Indian Simulation & Gaming Association) which is the Indian Chapter of ISAGA (International Simulation & Gaming Association).
Binny Bansal is also the most active Indian Angel investor. He is a co-founder of Flipkart, exited from the Flipkart in 2018. After that, he is operating as an Angel Investor in the Indian startup ecosystem, and Binny launched a new VC fund XTo10X with former McKinsey consultant Saikiran Krishnamurthy.
He secured $100 million from retail giant Walmart, as a part of an early exit from Flipkart. In June 2019, he sold more his stack to Walmart and received more $76.4 million from this deal.
Top Angel Investor Sanjay Mehta, Founder & Partner at 100X.VC
Let’sVenture awarded Sanjay Mehta Angel Investor Of The Year 2017. Sanjay Mehta named as the most active angel investor by VCCircle & Inc42 in 2014 & by Forbes in 2015.
Sanjay as an Angel Investor, 12 successful exits till now, over seven years of investment, and 14 companies dead. Sanjay Maheta is investing 3 to 4 Indian startups every month. He invested 20 Indian startups in the last 20 months.
The investment criteria, if a startup is going to raise 1 to 5 by Angle funding round, Sanjay invests 5 to 15 lakh. Sanjay invests Rs 20- 50 lakhs if he was the led investor of the Angle funding round. In series A and B funding rounds of Rs 15 to 75 crore, led by family office syndicate or venture capital, then he participates with the funding amount of Rs 20 to 50 lakhs.
Mehta Ventures Family Office Investments
Mehta Ventures provides capital infusion, functional expertise, and the right connects to help early-stage ventures-to build, grow and scaleup their business models.
The investment firm works on five investment criteria to invest in startups includes Leadership, Potential For Scale, Technological Innovation, Business Innovation, and competition.
“Currently I have angel invested in 103 Start-up companies in diverse sectors. An active member of Indian Angel Network, Mumbai Angels, B2B 1K Ventures & CIO Angel Network, Venture Nursery. I like listening to pitches. I’m not addicted to funding startups. I’m addicted to working closely with entrepreneurs.”
“Sanjay’s most favorite sector to invest in startups are based on business-to-business or software-as-a-service (SaaS). He now concentrating on Blockchain Crypto space and Consumer brands, because he predicts that these sectors are fast-growing sectors in India in the coming 10 years, he said in an interview with Techcircle.”From LinkedIn profile
Sanjay Maheta venture’s top-funded startups are Poncho (Box8.in), Unbxd, Prettysecrets.com, Oravel – OYO Rooms, Interview Master-TalView, Avaz, Adsparx, Ecosense, Consure Medical Devices, Faballey.com, xSI Semiconductors, Invenzone, SeekSherpa.com, Adstringo Compression, CORE (www.cio-choice.com), Mechmocha Game Studios, Loudcell (IOT), Orangescape, Klip.in, Vliv Video, Hotelsaroundyou.com, Instasafe, 47Lines, Assured Risk Cover Insurance, Vitas Pharma, Zippr Smart Address, Gocoop Social Ecommerce, Allizhealth, PayTunes, Loginext Big Data, Anakage, Plick.IT, Naturally Yours, Blubirch, http://www.1group.com, Amigobulls, LetsVenture.com.
Sanjay’s most favorite sector to invest in startups are based on business-to-business or software-as-a-service (SaaS) and deep tech companies. He now concentrating on Blockchain Crypto space and Consumer brands, because he predicts that these sectors are fast-growing sectors in India in the coming 10 years, he said in an interview with Techcircle.
Sanjay invested startups, such as Chennai-based Saas firm OrangeScape, logistic analytical startup Loginext, hospitality startup RepUp, all these startups functioning with the extremely high growth rate.
Sanjay Maheta’s most successful exit is from OYO Rooms- a SoftBank supported Indian startup.
His latest investment, by Seed round of funding in CoinDCX in march 2019, a blockchain Startup operates as a cryptocurrency exchange aggregator.
100X.VC– first VC invest in early-stage startups using India iSAFE Notes
Sanjay Maheta newly started 100X.VC, the first Venture Capital to invest in early-stage startups using India iSAFE Notes(India Simple Agreement for Future Equity). iSAFE, which avoids slow documentation and cuts timeline significantly, permits an investor to make cash investments in return for a convertible instrument.
Ninad Karpe Former MD and CEO, Aptech has joined the 100X.VC as a partner and Yagnesh Sanghrajka, ex-finance head of Hinduja Group, Phoenix Mills Group and MT Educare has joined as the Chief Financial Officer.
The newly launched VC provides funding to early-stage startups that fulfill the basic funding criteria such as founding team, market size opportunity, business model strength, unfair advantage, moat, the conviction of minimum 20x return.
100X.VC will target to fund 100 Indian startups every year. The initial funding amount is between INR 2.5 million to 10 million per startup using India SAFE Notes.
After funding the startups, 100X.VC works effectively as their coach, strategy consultant, investment banker, business mentor and trusted advisor. 100X.VC works jointly with founders helping them get to the next round of funding and beyond.