INVESTOR NOTES / 001ANGEL INVESTOR / Delhi, India
Ajai Chowdhry
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · Delhi, India

Ajai Chowdhry.

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 PATTERN2012–2026
93%

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

First investment stage across 15 companies13 Seed, 1 Angel and 1 other-stage entries. Each dot represents one company.
Seed 13Angel 1Other 1

One dot = one company at first recorded investment.

15 companies · 19 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 23 Jul 2025
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

Ajai Chowdhry has dated investments in 15 companies. 14 first entries were at Angel, Pre-Seed or Seed (93.3%). An early-stage founder can use the sector and stage filters to find comparable companies before approaching the investor.

Explore the evidence ↗
02

Separate activity from reputation

1 first company relationships appear in the latest 24 months, compared with 0 in the preceding window. The latest recorded investment is 2025-07-23. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

9 of 14 companies with a full 24-month observation window raised another equity round. This investor backed 2 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.

Explore the evidence ↗
04

Use a specific point of relevance

B2C E-Commerce is the largest displayed sector by company count, appearing in 4 portfolio companies; sector tags overlap. 5 first entries carry a recorded lead flag and the median first-round syndicate includes 35 other named backers. Shared rounds are evidence of co-investment, not evidence of an introduction route.

Explore the evidence ↗
01 / THE READOUT

Four signals before you pitch.

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

01 — ROUND CONTEXT
$265K–$484K

The middle half of entry rounds

25th–75th percentile across 13 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
1companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 0 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
64%

Another equity round within 24 months

9 of 14 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

2 of the same 14 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.

15matching companies
$350Kmedian first round (13 disclosed)
1first backed in last 24 months

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

Seed

Coluxe ↗

Online retailer of fine jewellery featuring lab-grown diamonds and gemstones

Undisclosed total first round
Series A

SP Robotic Works ↗

Provider of robotics, coding, and STEM education kits and classes

$3.0M total first round
Seed

Clensta ↗

Provider of D2C personal care brand powered by science and nature

$219K 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
B2C E-Commerce4
Retail Tech4
Internet First Brands3
B2C Fashion E-Commerce2
Fashion Tech2
Internet First Fashion Brands2
EdTech2
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
Angel0 disclosed
UndisclosedUndisclosed–Undisclosed
Seed12 disclosed
$328K$264K–$451K
Series A1 disclosed
$3.0M$3.0M–$3.0M
$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.

14
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
64.3%
9 of 14 companies

Backed again by this investor

A subset of the companies above
14.3%
2 of 14 companies
i

Includes first investments on or before 22 May 2024. 1 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
Angel10 / 10 / 1
Seed129 / 122 / 12
Series A10 / 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
FIRM

Indian Angel Network

11 shared rounds · 11 companies

Latest shared round Apr 2021
02
ANGEL

Raman Roy ↗

9 shared rounds · 7 companies

Latest shared round Apr 2021
03
FIRM

Singapore Angel Network

8 shared rounds · 6 companies

Latest shared round Oct 2016
05
FIRM

Splice Capital

7 shared rounds · 4 companies

Latest shared round Oct 2016

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.

15 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Jul 2025SeedUndisclosedNo later round recorded
Apr 2021Series A$3.0MNo later round recorded
Oct 2018Seed$219KNo later round recorded
Nov 2016Seed$307KNo later round recorded
Jan 2016Seed$765KNo later round recorded
Aug 2015Seed$440KNo later round recorded
TeamIndus ↗Bengaluru
Mar 2015Seed$1.5MNo later round recorded
Mar 2015Seed$350KNo later round recorded
Jan 2015Seed$484KNo later round recorded
Sep 2014Seed$439KYes · Aug 2015
GoCoop ↗Bengaluru
Jan 2014Seed$261KYes · Feb 2015
Nov 2013Seed$265KYes · Oct 2016
Mar 2013Seed$300KNo later round recorded
Jan 2013Seed$235KYes · Mar 2015
Sep 2012AngelUndisclosedNo later round recorded
0 more companies have undated investments

Kept in the 15-company portfolio; excluded from entry-timing calculations.

    RESEARCH THE FIT. THEN MAKE THE CASE.

    Your pitch starts with
    your company.

    Research your market ↗
    RADAR / COMPANY DISCOVERY

    Find the businesses
    worth a closer look.

    Search Delhi, India investor companies in Radar. Filter the company directory to explore the businesses behind your market and investor research.

    Explore companies in Radar ↗
    FLIAR / CUSTOM DASHBOARD SERVICE

    A research dashboard.
    Built for your company.

    We build customized research dashboards for companies. Tell us which competitors, markets and questions matter to your team, and discuss a dashboard designed around your needs.

    Discuss a custom dashboard ↗A customized service from Fliar. Contact us to discuss your requirements.
    FLIAR PRISM / RESEARCH TOOL

    Turn your questions
    into deeper research.

    Use Fliar Prism to research a company, market or topic, with reports and insights drawn from its research dataset.

    Explore Fliar Prism ↗Start with the company or question you want to understand.
    CONTINUE YOUR RESEARCH

    Continue with Radar

    Sign in to Radar to continue researching this investor.

    Sign in to Radar ↗