The startup ecosystem in India has been growing rapidly in recent years, with over 50,000 startups currently operating across various sectors. According to a report by NASSCOM, the Indian startup ecosystem is expected to reach a valuation of $1.5 trillion by 2025. To fuel this growth, angel investors play a crucial role by providing early-stage funding to startups with innovative ideas. In the quantum investment bracket of million dollars and above, there are several emerging angel investors who have made a significant impact in the Indian startup ecosystem. In this article, we will take a look at the top 5 emerging angel investors in the million-dollar quantum investment club.
Prateek Toshniwal:
Prateek Toshniwal has carved a niche for himself in the Indian startup ecosystem by syndicating investments worth $2 million in 127 startups since 2018. He has a keen eye for identifying promising startups and providing them with the necessary resources to grow and succeed. Prateek has nurtured several startups in the edtech, fintech, SAAS, and agritech space. Recently, he has invested in companies like Zypp Electric, EMotorad, Farmse and SN Biotics with a long-term goal of increasing his sphere of impact to 500+ companies over the next decade.
Rachit Poddar:
Rachit Poddar is a well-known and respected angel investor who has collectively Invested in more than 100 Companies including a prominent 100M$ VC Fund ‘9 Unicorns’ & Startup Accelerator ‘EvolveX’ with a mission of building a full stack global startup ecosystem. As the Co-Founder of Ivy Growth Associates, he focuses on growth-stage startups from Seed to Series B across EVs, Fintech, Edtech, Agritech, D2C etc. and has invested in notable ventures such as Emotorad, Zypp Electric, Escrowpay, Growit etc. Rachit is known for his astute business sense and ability to identify startups with high growth potential. He provides the necessary funding and support to help these startups succeed and scale in the competitive Indian market.
Puneet Mittal:
Puneet is a highly accomplished individual with a diverse range of experiences and expertise. His prominent investment areas are Edu-Tech and has invested in startups like Vidyakul. His other investments include Peesafe, Oben, Blusmart etc. He has been a member of several organisations such as TIE-SURAT, BNI, CorporateConnectiions, and others. He is also a mentor for many budding entrepreneurs in Surat and across the country.
Vineet Mittal:
Vineet Mittal is a second-generation entrepreneur who has made significant investments in the renewable energy sector. He founded Navitas Solar, a solar PV module manufacturing company in 2013, and has since expanded his portfolio to include other clean energy ventures like battery manufacturing startup Renon India, Navitas Alpha, Evify etc. Mr. Mittal’s commitment to environmental sustainability is reflected in his investments, which aim to reduce carbon emissions and promote green technology.
Akshay Bhushan:
Akshay Bhushan is an emerging angel investor who has been making waves in the Indian startup ecosystem. As the founder of Lightspeed Venture Partners, he has invested in several successful companies, including Oyo, Udaan, and Byju’s. Akshay’s expertise lies in identifying disruptive startups and providing them with the necessary funding and support to scale. He has invested in early-stage startups such as Darwinbox, Innov8, and ShareChat, and provides mentorship and guidance to help them succeed.
These are the top 5 emerging angel investors in the million-dollar quantum investment club in India. Their investments have not only provided the necessary funding for startups but have also helped them to scale and grow. As the Indian startup ecosystem continues to evolve, these angel investors will play a crucial role in shaping its future.
Source : PR Agency
