INVESTOR NOTES / 001ANGEL INVESTOR / ,
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor ·

Ankit Kankariya.

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 PATTERN2016–2026
89%

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

First investment stage across 28 companies25 Seed, 0 Angel and 3 other-stage entries. Each dot represents one company.
Seed 25Angel 0Other 3

One dot = one company at first recorded investment.

28 companies · 35 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 26 Jun 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

Ankit Kankariya 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.

Explore the evidence ↗
02

Separate activity from reputation

0 first company relationships appear in the latest 24 months, compared with 0 in the preceding window. The latest recorded investment is 2024-06-26. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

26 of 28 companies with a full 24-month observation window raised another equity round. This investor backed 6 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

FinTech is the largest displayed sector by company count, appearing in 5 portfolio companies; sector tags overlap. 1 first entries carry a recorded lead flag and the median first-round syndicate includes 38.5 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
$408K–$1.5M

The middle half of entry rounds

25th–75th percentile across 28 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 0 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
93%

Another equity round within 24 months

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

Follow the path ↗
04 — REPEAT BACKING
21%

This investor invested again within 24 months

6 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
$683Kmedian first round (28 disclosed)
0first backed in last 24 months

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

Seed

Nova Nova ↗

Manufacturer of waffle-based confectionery and snack products

$424K total first round
Seed

Sheru ↗

Provider of cloud-based energy storage solutions

$687K total first round
Series A

Biddano ↗

Cloud based supply chain management platform for pharmacies and hospitals

$2.2M 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.
SectorSeedSeries AAll stages
FinTech5
Auto Tech4
HealthTech3
Healthcare Booking Platforms3
Alternative Lending3
Internet First Lenders3
NBFC Lenders3
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
Seed25 disclosed
$500K$360K–$1.2M
Series A3 disclosed
$2.0M$2.0M–$2.1M
$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.

28
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
92.9%
26 of 28 companies

Backed again by this investor

A subset of the companies above
21.4%
6 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
Seed2524 / 256 / 25
Series A32 / 30 / 3
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

Venture Catalysts

23 shared rounds · 22 companies

Latest shared round Jun 2024
02
FIRM

GSV

12 shared rounds · 11 companies

Latest shared round Feb 2021
04
FIRM

100Unicorns

8 shared rounds · 6 companies

Latest shared round Jun 2024
05
ANGEL

Jayesh Shah ↗

8 shared rounds · 7 companies

Latest shared round May 2019
06
ANGEL

Rekha Singh ↗

8 shared rounds · 8 companies

Latest shared round Apr 2021

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?
Jul 2021Seed$424KNo later round recorded
Jun 2021Seed$687KNo later round recorded
Apr 2021Series A$2.2MNo later round recorded
Feb 2021Seed$1.5MNo later round recorded
Nov 2020Seed$1.0MYes · May 2021
Nov 2020Seed$1.2MNo later round recorded
Sep 2020Seed$680KNo later round recorded
Aug 2020Seed$360KNo later round recorded
May 2020Seed$479KYes · Jan 2022
Apr 2020Seed$343KNo later round recorded
Apr 2020Seed$267KNo later round recorded
Altor ↗Kolkata
Feb 2020Seed$133KNo later round recorded
Nupay ↗Gurugram
Jan 2020Seed$429KYes · Oct 2020
Orbo ↗Mumbai
Jul 2019Seed$1.6MNo later round recorded
May 2019Seed$1.1MNo later round recorded
Apr 2019Seed$500KNo later round recorded
Grexter ↗Bengaluru
Jan 2019Seed$1.5MNo later round recorded
AutoBrix ↗Bengaluru
Nov 2018Seed$500KYes · May 2019
Jul 2018Seed$728KNo later round recorded
Jun 2018Seed$351KYes · Nov 2019
Apr 2018Seed$1.5MNo later round recorded
Apr 2018Series A$2.0MNo later round recorded
Apr 2018Seed$1.2MYes · Sep 2018
Oct 2017Seed$224KNo later round recorded
Sep 2017Series A$2.0MNo later round recorded
Feb 2017Seed$1.9MNo later round recorded
Beardo ↗Ahmedabad
Sep 2016Seed$500KNo later round recorded
Jul 2016Seed$94KNo later round recorded
0 more companies have undated investments

Kept in the 28-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 , 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 ↗