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

Angel investor · Mumbai, India

Jitendra Gupta.

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
70%

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

First investment stage across 67 companies39 Seed, 8 Angel and 20 other-stage entries. Each dot represents one company.
Seed 39Angel 8Other 20

One dot = one company at first recorded investment.

67 companies · 92 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 04 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

Jitendra Gupta has dated investments in 67 companies. 47 first entries were at Angel, Pre-Seed or Seed (70.1%). 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

1 first company relationships appear in the latest 24 months, compared with 2 in the preceding window. The latest recorded investment is 2024-06-04. This describes observed activity through 2026-05-22; it does not establish current availability.

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03

Plan the next financing step

45 of 66 companies with a full 24-month observation window raised another equity round. This investor backed 17 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

FinTech is the largest displayed sector by company count, appearing in 28 portfolio companies; sector tags overlap. 7 first entries carry a recorded lead flag and the median first-round syndicate includes 9 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
$382K–$5.0M

The middle half of entry rounds

25th–75th percentile across 62 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 2 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
68%

Another equity round within 24 months

45 of 66 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
26%

This investor invested again within 24 months

17 of the same 66 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.

67matching companies
$1.5Mmedian first round (62 disclosed)
1first backed in last 24 months

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

Series A

Sipay ↗

Payment technology company offering virtual and physical POS, open banking, wire transfer, digital wallet, and prepaid card products

$15M total first round
Series B

PolicyBoss ↗

Online platform for insurance comparison

Undisclosed total first round
Series B

Cashflo ↗

Provider of AP automation, payments, compliance, and vendor management software

$8.8M 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
FinTech28
Retail Tech14
Payments12
Commerce Enablers8
B2C E-Commerce7
CFO Stack6
Finance & Accounting 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
Angel6 disclosed
$185K$85K–$249K
Seed37 disclosed
$914K$282K–$2.9M
Series A17 disclosed
$5.4M$4.9M–$15M
$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.

66
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
68.2%
45 of 66 companies

Backed again by this investor

A subset of the companies above
25.8%
17 of 66 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
Angel86 / 81 / 8
Seed3924 / 3911 / 39
Series A1614 / 165 / 16
Series B20 / 20 / 2
Unattributed11 / 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

Amrish Rau ↗

36 shared rounds · 26 companies

Latest shared round Jun 2024
02
ANGEL

Kunal Shah ↗

24 shared rounds · 22 companies

Latest shared round Jun 2024
03
FIRM

Peak XV Partners

10 shared rounds · 8 companies

Latest shared round Mar 2023
04
FIRM

QED Innovation Labs

9 shared rounds · 8 companies

Latest shared round Dec 2022
05
FIRM

Whiteboard Capital

9 shared rounds · 6 companies

Latest shared round Jul 2022
06
FIRM

3one4 Capital

8 shared rounds · 7 companies

Latest shared round Nov 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.

67 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Sipay ↗Uskudar
Jun 2024Series A$15MNo later round recorded
Jun 2023Series BUndisclosedNo later round recorded
Jul 2022Series B$8.8MNo later round recorded
Dash ↗New York City
Mar 2022Seed$33MNo later round recorded
Volopay ↗Singapore
Mar 2022Series A$29MNo later round recorded
Jan 2022Seed$4.0MNo later round recorded
Tyke ↗Mumbai
Dec 2021Seed$1.5MNo later round recorded
Nov 2021Seed$500KNo later round recorded
Savart ↗Hyderabad
Nov 2021Seed$1.6MNo later round recorded
Nov 2021Unattributed$3.2MNo later round recorded
Nov 2021Seed$3.2MNo later round recorded
Lista ↗San Juan
Nov 2021SeedUndisclosedYes · Jun 2022
FarMart ↗Gurugram
Oct 2021Series A$10MNo later round recorded
Bright ↗San Francisco
Sep 2021Series A$31MNo later round recorded
OneGreen ↗Gurugram
Sep 2021Angel$125KNo later round recorded
Aug 2021SeedUndisclosedNo later round recorded
ZET ↗Bengaluru
Jul 2021Series A$5.0MNo later round recorded
Hypto ↗Chennai
Jun 2021Seed$3.1MNo later round recorded
PayGlocal ↗Bengaluru
Apr 2021Series A$4.9MYes · Jun 2022
OnSurity ↗Bengaluru
Apr 2021Seed$282KNo later round recorded
Mar 2021Seed$4.0MNo later round recorded
Bimaplan ↗Bengaluru
Mar 2021Seed$500KNo later round recorded
Raise ↗Mumbai
Mar 2021Seed$2.9MYes · Nov 2021
Vahak ↗Bengaluru
Feb 2021Seed$5.8MYes · Jun 2021
Jan 2021Seed$5.7MNo later round recorded
Jan 2021Seed$3.0MYes · Mar 2021
DIY ↗San Francisco
Nov 2020Series A$2.5MNo later round recorded
TREAD ↗Bengaluru
Oct 2020Seed$1.1MNo later round recorded
Mitron ↗Bengaluru
Aug 2020Series A$5.0MYes · Nov 2020
Juno ↗San Francisco
Jul 2020Seed$3.0MNo later round recorded
Uable ↗Bengaluru
Jul 2020Seed$584KNo later round recorded
Karbon ↗Bengaluru
Mar 2020Seed$2.0MNo later round recorded
Feb 2020Seed$1.4MYes · Mar 2020
Repute ↗Bengaluru
Jan 2020Seed$1.8MNo later round recorded
Jan 2020Seed$83KYes · Dec 2022
Nov 2019Seed$35KYes · Mar 2023
Shop ↗Bengaluru
Nov 2019Seed$228KNo later round recorded
CityMall ↗Gurugram
Oct 2019Seed$282KYes · Jun 2020
Khatabook ↗Bengaluru
Sep 2019Series A$25MNo later round recorded
Sep 2019Series A$10MNo later round recorded
Aug 2019Seed$486KNo later round recorded
Feb 2019Series A$434KNo later round recorded
Jan 2019Seed$1.0MNo later round recorded
Dec 2018Seed$430KYes · Jan 2021
Oct 2018Angel$381KNo later round recorded
Oct 2018Seed$667KYes · Jun 2019
Oct 2018Seed$643KYes · Jun 2019
CRED ↗Bengaluru
Sep 2018Series A$24MYes · Sep 2019
Jul 2018Seed$204KYes · May 2019
MPL ↗Bengaluru
Jul 2018Series A$5.0MNo later round recorded
May 2018Series A$3.2MYes · Mar 2019
Nuo ↗Singapore
Mar 2018Angel$245KYes · Oct 2019
Open ↗Bengaluru
Oct 2017Angel$250KNo later round recorded
Sep 2017Series A$5.4MNo later round recorded
Sep 2017Series A$2.0MNo later round recorded
Ridlr ↗Mumbai
Sep 2017Angel$39KNo later round recorded
Entropik ↗Bengaluru
Jun 2017Seed$78KYes · Aug 2018
NewsBytes ↗Singapore
May 2017Seed$88KYes · Oct 2017
LoadShare ↗Bengaluru
Mar 2017Seed$914KNo later round recorded
Feb 2017Seed$388KNo later round recorded
Healofy ↗Bengaluru
Dec 2016Angel$72KYes · Aug 2021
Crofarm ↗Gurugram
Jul 2016Seed$1.5MNo later round recorded
Dec 2015AngelUndisclosedNo later round recorded
Nov 2015AngelUndisclosedNo later round recorded
Oct 2015Series A$6.0MYes · Jun 2017
Oct 2015Seed$177KNo later round recorded
Aug 2015Seed$100KNo later round recorded
0 more companies have undated investments

Kept in the 67-company portfolio; excluded from entry-timing calculations.

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