INVESTOR NOTES / 001ANGEL INVESTOR / Mumbai, India
Anand Ladsariya
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · Mumbai, India

Anand Ladsariya.

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 PATTERN2009–2026
93%

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

First investment stage across 91 companies81 Seed, 4 Angel and 6 other-stage entries. Each dot represents one company.
Seed 81Angel 4Other 6

One dot = one company at first recorded investment.

91 companies · 143 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 16 Jun 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

Anand Ladsariya has dated investments in 91 companies. 85 first entries were at Angel, Pre-Seed or Seed (93.4%). 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 7 in the preceding window. The latest recorded investment is 2025-06-16. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

64 of 90 companies with a full 24-month observation window raised another equity round. This investor backed 39 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 20 portfolio companies; sector tags overlap. 17 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
$235K–$655K

The middle half of entry rounds

25th–75th percentile across 89 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 7 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
71%

Another equity round within 24 months

64 of 90 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
43%

This investor invested again within 24 months

39 of the same 90 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.

91matching companies
$407Kmedian first round (89 disclosed)
1first backed in last 24 months

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

Seed

Zenma Coffee ↗

Internet first brand of ready to drink frozen espresso shots

$94K total first round
Seed

Manastu Space ↗

Developer of green propulsion systems and debris collision avoidance technology

$3.0M total first round
Seed

Edmingle ↗

Provider of a white-labelled online academy platform

$1.0M 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-Commerce20
Retail Tech13
Travel and Hospitality Tech11
Internet First Brands8
Cross Border8
Online Travel7
Food Tech6
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
$126K$41K–$218K
Seed79 disclosed
$403K$237K–$641K
Series A6 disclosed
$853K$704K–$1.1M
$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.

90
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
71.1%
64 of 90 companies

Backed again by this investor

A subset of the companies above
43.3%
39 of 90 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
Angel43 / 41 / 4
Seed8057 / 8036 / 80
Series A64 / 62 / 6
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

Nitin Agarwal ↗

91 shared rounds · 64 companies

Latest shared round Oct 2021
02
FIRM

Indian Angel Network

56 shared rounds · 45 companies

Latest shared round Aug 2023
03
FIRM

Texport Industries

49 shared rounds · 35 companies

Latest shared round Jul 2022
04
ANGEL

Raman Roy ↗

38 shared rounds · 28 companies

Latest shared round Jun 2024
05
FIRM

Texport

31 shared rounds · 23 companies

Latest shared round Jun 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.

91 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Jun 2025Seed$94KNo later round recorded
Aug 2023Seed$3.0MYes · Jun 2024
Edmingle ↗Bengaluru
Oct 2022Seed$1.0MNo later round recorded
Aug 2022Seed$655KYes · Oct 2023
Credit Fair ↗Louisville
Aug 2022Seed$10MNo later round recorded
Jun 2022Seed$703KYes · Nov 2023
Jun 2022Seed$333KYes · Nov 2023
Jun 2022Seed$258KNo later round recorded
Feb 2022Seed$134KNo later round recorded
eShipz ↗Bengaluru
Sep 2021Seed$700KNo later round recorded
Aug 2021Seed$280KNo later round recorded
Bummer ↗Ahmedabad
Jul 2021Seed$278KNo later round recorded
Jun 2021Seed$15MYes · Jun 2022
May 2021Series A$687KYes · Feb 2024
Unotag ↗Bengaluru
Mar 2021Seed$38KNo later round recorded
UnoTag ↗Bengaluru
Mar 2021Seed$68KYes · May 2022
Jan 2021Seed$72KYes · Feb 2022
Nov 2020Seed$403KYes · Oct 2021
Feb 2020Seed$505KYes · Apr 2020
Sattuz ↗Madhubani
Nov 2019Seed$55KNo later round recorded
Jul 2019Seed$755KYes · Jul 2020
Apr 2019Seed$514KNo later round recorded
Apr 2019Seed$619KNo later round recorded
Feb 2019Seed$348KNo later round recorded
Oct 2018Seed$219KYes · Jan 2019
Oct 2018Seed$325KNo later round recorded
Jul 2018Seed$808KYes · May 2019
Trell ↗Bengaluru
Jun 2018Seed$1.3MNo later round recorded
Feb 2018Seed$722KNo later round recorded
Kalpnik ↗Bengaluru
Nov 2017Seed$526KNo later round recorded
TagBox ↗Bengaluru
Oct 2017Seed$281KYes · Apr 2019
Oct 2017Seed$281KYes · Apr 2019
Karza ↗Mumbai
Jul 2017Seed$385KYes · Jun 2019
Apr 2017Seed$23KNo later round recorded
Mar 2017Seed$310KYes · Mar 2018
Jan 2017Seed$23KNo later round recorded
Dec 2016Seed$1.1MYes · Sep 2017
GAMOOZ ↗Gurugram
Nov 2016Angel$32KNo later round recorded
Sep 2016Series A$951KNo later round recorded
Sep 2016Seed$650KYes · Jun 2017
Jul 2016Seed$471KNo later round recorded
Staqu ↗Gurugram
Jun 2016Seed$443KYes · Apr 2018
Pikkol ↗Bengaluru
Jun 2016Seed$520KYes · Nov 2017
Hackle ↗Bengaluru
Jun 2016Seed$520KYes · Nov 2017
PlayShifu ↗Bengaluru
May 2016Seed$267KNo later round recorded
Apr 2016Series A$1.2MNo later round recorded
Skillenza ↗Bengaluru
Mar 2016Seed$638KYes · Oct 2017
Mar 2016Seed$294KYes · Apr 2021
DoSelect ↗Bengaluru
Feb 2016Seed$473KNo later round recorded
Feb 2016Angel$44KYes · Aug 2016
Jan 2016Seed$515KNo later round recorded
Jan 2016Angel$250KNo later round recorded
RepUp ↗Gurugram
Oct 2015Seed$437KNo later round recorded
Sep 2015Seed$407KNo later round recorded
InstaSafe ↗Bengaluru
Aug 2015Seed$241KNo later round recorded
Aug 2015Seed$452KYes · Nov 2016
Jul 2015Seed$2.3MNo later round recorded
Jun 2015Series A$1.6MYes · Jun 2017
May 2015Seed$603KNo later round recorded
Mar 2015Seed$350KYes · Feb 2016
Uniphore ↗Palo Alto
Feb 2015Seed$756KNo later round recorded
Jan 2015Seed$484KNo later round recorded
Process9 ↗Gurugram
Jan 2015Seed$434KNo later round recorded
Nov 2014Seed$32KYes · Jun 2015
Oct 2014SeedUndisclosedNo later round recorded
Zippr ↗Hyderabad
Oct 2014Seed$1.0MNo later round recorded
FarEye ↗Chicago
Oct 2014Seed$328KNo later round recorded
Talview ↗San Mateo
Sep 2014Seed$659KNo later round recorded
Aug 2014Seed$82KYes · Apr 2015
Jul 2014Seed$75KNo later round recorded
Jul 2013Seed$168KYes · Feb 2014
Jul 2013Seed$168KYes · Feb 2014
Jan 2013Seed$235KYes · Mar 2015
OYO ↗Gurugram
Nov 2012Seed$74KYes · May 2013
Oct 2012Seed$162KYes · Jul 2013
Aug 2012Series A$755KYes · Nov 2015
Mobiotics ↗Bengaluru
Jun 2012SeedUndisclosedNo later round recorded
Unbxd ↗San Mateo
Apr 2012Angel$207KNo later round recorded
Kissflow ↗Wilmington
Mar 2012Seed$1.0MNo later round recorded
Exotel ↗Bengaluru
Mar 2012Series A$476KYes · Jun 2013
Ridlr ↗Mumbai
Mar 2012Seed$375KNo later round recorded
Mar 2012Seed$95KYes · May 2013
Mar 2012Seed$50KYes · Nov 2012
Jan 2012Seed$645KYes · Sep 2013
Jan 2012Seed$500KYes · Feb 2013
The Wild East Group
Jan 2012Seed$240KNo later round recorded
Nov 2010Seed$381KNo later round recorded
Sep 2010Seed$1.0MNo later round recorded
Aug 2010Seed$257KYes · Jan 2011
May 2010Seed$592KYes · Mar 2012
Jan 2009Seed$151KNo later round recorded
0 more companies have undated investments

Kept in the 91-company portfolio; excluded from entry-timing calculations.

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