INVESTOR NOTES / 001ANGEL INVESTOR / Mumbai, India
Abhinav Daga
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · Mumbai, India

Abhinav Daga.

Recorded investments.
A clearer sense of fit.

Find where your company fits, how rounds are assembled, and what happened after the first investment.

THE ENTRY PATTERN2010–2026
89%

of dated first investments
were at Angel, Pre-Seed or Seed

First investment stage across 28 companies20 Seed, 5 Angel and 3 other-stage entries. Each dot represents one company.
Seed 20Angel 5Other 3

One dot = one company at first recorded investment.

28 companies · 34 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 27 Feb 2024
THE FOUNDER’S BRIEF

Read the pattern before the pitch.

Written insights from the recorded portfolio, with the evidence linked below.

01

Start with the first entry

Abhinav Daga has dated investments in 28 companies. 25 first entries were at Angel, Pre-Seed or Seed (89.3%). An early-stage founder can use the sector and stage filters to find comparable companies before approaching the investor.

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02

Separate activity from reputation

0 first company relationships appear in the latest 24 months, compared with 3 in the preceding window. The latest recorded investment is 2024-02-27. This describes observed activity through 2026-05-22; it does not establish current availability.

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03

Plan the next financing step

21 of 28 companies with a full 24-month observation window raised another equity round. This investor backed 4 of those companies again within that window. The difference is a reason to research the wider syndicate, rather than assume the same investor will fund the next round.

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04

Use a specific point of relevance

Retail Tech is the largest displayed sector by company count, appearing in 9 portfolio companies; sector tags overlap. 1 first entries carry a recorded lead flag and the median first-round syndicate includes 15.5 other named backers. Shared rounds are evidence of co-investment, not evidence of an introduction route.

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01 / THE READOUT

Four signals before you pitch.

Start with observed behavior.
Every rate has a defined denominator.

01 — ROUND CONTEXT
$270K–$770K

The middle half of entry rounds

25th–75th percentile across 27 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
0companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 3 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
75%

Another equity round within 24 months

21 of 28 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
14%

This investor invested again within 24 months

4 of the same 28 companies. Build a financing plan around the wider investor market.

Explore co-investors ↗
02 / FIND YOUR FIT

Where does your company sit?

Choose your sector and stage to find
companies he first backed in that space.

YOUR COMPANY

A match means a recorded investment in this category. It does not establish current interest or availability.

28matching companies
$473Kmedian first round (27 disclosed)
0first backed in last 24 months

All sectors · All entry stages. Round amounts are total financing, in USD.

Series B

PlayShifu ↗

Provider of interactive STEM kits

$2.9M total first round
Seed

Rhym ↗

Cloud based gamified marketing solutions for businesses

$600K total first round
Seed

Intugine ↗

Provider of a platform for real-time multimodal supply chain visibility

$2.3M total first round
Explore matching portfolio companies ↓

The sector × stage map

First investments · companies can appear in more than one sector
Number of first investments by sector and entry stage. Select a cell to explore companies.
SectorAngelSeedSeries AAll stages
Retail Tech9
B2C E-Commerce6
EdTech5
Internet First Brands5
K-12 EdTech4
Food & Beverage Products3
Online Courses3
03 / ROUND DESIGN

The round around the investor.

Use stage-specific financing ranges
to frame the size of your syndicate.

First-round size, by entry stage

USD · middle 50% and median
Angel4 disclosed
$269K$128K–$597K
Seed20 disclosed
$424K$299K–$649K
Series A1 disclosed
$1.7M$1.7M–$1.7M
$10K$100K$1M$10M

Logarithmic scale. A dot marks the median; the band spans the 25th–75th percentiles. These are entire rounds, not individual cheques.

04 / WHAT HAPPENS NEXT

One investment. Two different paths.

A subsequent round and repeat backing
answer different fundraising questions.

28
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
75%
21 of 28 companies

Backed again by this investor

A subset of the companies above
14.3%
4 of 28 companies
i

Includes first investments on or before 22 May 2024. 0 newer companies and 0 undated histories are excluded. Follow-up stops at the dataset’s latest round on 22 May 2026. These observations do not measure returns or predict a company’s outcome.

See the stage-by-stage denominators +
First stageEligible companiesNext round ≤24 moSame investor again ≤24 mo
Angel55 / 51 / 5
Seed2014 / 202 / 20
Series A11 / 11 / 1
Series B10 / 10 / 1
Series C11 / 10 / 1
05 / INVESTMENT RHYTHM

New names. Returning relationships.

Separate first investments from later
rounds in companies already backed.

New companiesRepeat rounds

*2026 is partial, through 22 May. Bar height counts first investments + repeat rounds; earlier years are complete calendar periods in this dataset.

06 / THE CO-INVESTOR MAP

Who else belongs on your research list?

Frequent shared rounds suggest a place
to investigate sector and stage alignment.

01
ANGEL

Kunal Bahl ↗

6 shared rounds · 5 companies

Latest shared round Jan 2024
04
ANGEL

Gagan Goyal ↗

5 shared rounds · 5 companies

Latest shared round Dec 2015
05
FIRM

LetsVenture

5 shared rounds · 5 companies

Latest shared round Oct 2022
06
ANGEL

Rohit Bansal ↗

5 shared rounds · 4 companies

Latest shared round Jan 2024

Shared rounds establish recorded co-investment. They do not establish a personal connection, introduction route, or current willingness to invest.

07 / THE EVIDENCE

Explore the portfolio.

First investment comes first.
Amounts refer to that entry round.

28 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
PlayShifu ↗Bengaluru
Feb 2024Series B$2.9MNo later round recorded
Jan 2024Seed$600KNo later round recorded
Intugine ↗Bengaluru
Oct 2022Seed$2.3MNo later round recorded
BRB ↗Delhi
Nov 2019Seed$921KNo later round recorded
AZAH ↗Gurugram
Oct 2019Seed$204KNo later round recorded
FirstU ↗Bengaluru
Oct 2019Seed$354KNo later round recorded
Jul 2019Seed$189KNo later round recorded
FoodYoga ↗Greensboro
Jul 2019Seed$189KNo later round recorded
AttainU ↗Bengaluru
May 2019Seed$333KNo later round recorded
Mar 2019Seed$213KNo later round recorded
Oct 2018Seed$667KNo later round recorded
Oct 2018Seed$643KNo later round recorded
Manch ↗Bengaluru
Sep 2018Seed$750KNo later round recorded
Toppr ↗Mumbai
May 2018Series C$35MNo later round recorded
Jan 2018Seed$172KYes · Oct 2018
Dec 2017Seed$328KNo later round recorded
May 2017Seed$500KYes · Apr 2020
Truce ↗Mumbai
Dec 2015Seed$375KYes · Oct 2016
Nov 2015Angel$393KNo later round recorded
Fynd ↗Mumbai
Nov 2015Series A$1.7MYes · Nov 2016
Aug 2015Angel$145KNo later round recorded
Drivezy ↗Bengaluru
Jul 2015Seed$790KNo later round recorded
Jul 2015Angel$79KYes · Oct 2015
Jul 2015AngelUndisclosedNo later round recorded
Jun 2015Seed$473KNo later round recorded
Quezx ↗Mumbai
Mar 2015Seed$334KNo later round recorded
Mar 2015Seed$500KNo later round recorded
Nov 2010Angel$1.2MNo later round recorded
0 more companies have undated investments

Kept in the 28-company portfolio; excluded from entry-timing calculations.

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