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

Angel investor · India

Diwakar Nigam.

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 PATTERN2015–2026
91%

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

First investment stage across 21 companies19 Seed, 0 Angel and 2 other-stage entries. Each dot represents one company.
Seed 19Angel 0Other 2

One dot = one company at first recorded investment.

21 companies · 32 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 01 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

Diwakar Nigam has dated investments in 21 companies. 19 first entries were at Angel, Pre-Seed or Seed (90.5%). 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 1 in the preceding window. The latest recorded investment is 2024-06-01. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

11 of 20 companies with a full 24-month observation window raised another equity round. This investor backed 9 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 6 portfolio companies; sector tags overlap. 6 first entries carry a recorded lead flag and the median first-round syndicate includes 46 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
$375K–$657K

The middle half of entry rounds

25th–75th percentile across 21 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 1 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
55%

Another equity round within 24 months

11 of 20 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
45%

This investor invested again within 24 months

9 of the same 20 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.

21matching companies
$447Kmedian first round (21 disclosed)
1first backed in last 24 months

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

Seed

Nanosafe Solutions ↗

Manufacturer of antimicrobial additives, pest repellents, and water quality improvement products

$375K total first round
Seed

Noccarc ↗

Developer of smart ventilators for respiratory care

$879K total first round
Series A

PMaps ↗

Provider of AI-powered talent assessment and development tools

$657K 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
B2C E-Commerce6
Life Sciences4
Agri Tech4
AgriTech4
Crop Tech4
Auto Tech4
Travel and Hospitality Tech4
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
Seed19 disclosed
$411K$372K–$535K
Series A2 disclosed
$2.1M$1.4M–$2.9M
$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.

20
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
55%
11 of 20 companies

Backed again by this investor

A subset of the companies above
45%
9 of 20 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
Seed1811 / 189 / 18
Series A20 / 20 / 2
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

22 shared rounds · 20 companies

Latest shared round Jun 2024
02
ANGEL

Raman Roy ↗

21 shared rounds · 16 companies

Latest shared round Jun 2024
04
ANGEL

Manoj Aheeray ↗

12 shared rounds · 7 companies

Latest shared round Feb 2018
05
FIRM

Pragnya

12 shared rounds · 6 companies

Latest shared round Feb 2021
06
FIRM

Primarc

12 shared rounds · 8 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.

21 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Jun 2024Seed$375KNo later round recorded
Jan 2024Seed$879KNo later round recorded
Apr 2022Series A$657KNo later round recorded
InfyU Labs ↗Gandhinagar
Jul 2021Seed$241KNo later round recorded
Fyllo ↗Bengaluru
Jun 2021Seed$411KNo later round recorded
Nov 2020Seed$403KYes · Oct 2021
Sep 2020Seed$732KYes · Jun 2021
Sep 2018Seed$468KYes · Oct 2019
Pandorum ↗Bengaluru
Dec 2017Series A$3.6MNo later round recorded
FarMart ↗Gurugram
Mar 2017Seed$245KYes · Feb 2018
Dec 2016Seed$1.1MNo later round recorded
Jul 2016Seed$471KNo later round recorded
Jun 2016Seed$447KNo later round recorded
Feb 2016Seed$368KYes · Apr 2017
Transcell ↗Hyderabad
Feb 2016Seed$377KYes · Apr 2017
Feb 2016Seed$296KYes · Jan 2017
Jan 2016Seed$765KYes · Jul 2017
Nov 2015Seed$469KYes · Jan 2019
Qbit ↗Mumbai
Oct 2015Seed$307KNo later round recorded
Sep 2015Seed$407KNo later round recorded
Aug 2015Seed$600KYes · Nov 2016
0 more companies have undated investments

Kept in the 21-company portfolio; excluded from entry-timing calculations.

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