RadarInvestors › Kunal Naresh Shah

Kunal Naresh Shah

Angel investor based in Bengaluru, India. 277 companies backed across 292 recorded rounds, Feb 2015 – Mar 2026.
Syrma SGS Technology, Pine Labs, AngelList, ex-Founder & CEO Freecharge, Internet and Mobile Association of India, Sequoia Capital. Wilson College BA 2000

LinkedIn profile →

277Companies backed
292Rounds participated
$2BRound value alongside
Mar 2026Latest deal

What they back

Sectors of the companies in the portfolio, by company count.

FinTech83
Retail Tech47
B2C E-Commerce40
EdTech29
HealthTech24
Commerce Enablers24
Investment Tech21
Alternative Lending20
Payments20
E-Commerce Enablers16

Where they back it

Head-office city of the companies in the portfolio.

Bengaluru128
Mumbai42
Gurugram29
San Francisco8
Delhi6
London4
Noida4
Hyderabad4
Ahmedabad3
Chennai3

Stage they enter at

Rounds by stage.

Seed212
Series A53
Series B9
Angel7
Series E+5
Series C3
Series D2
Unattributed1

Round sizes

Total size of the rounds they joined — an angel's own cheque is a share of this, and is not disclosed.

<$1M62
$1M-$5M139
$5M-$20M58
$20M-$100M15
$100M+3

Portfolio

Every company Kunal Naresh Shah appears as an investor in, most recent round first.

CompanyCitySectorsLatest round RoundsRound value
Bengaluru Online Mom & Baby CareHome Furnishing ProductsInternet First Brands Seed Mar 2026 1 $439.1K
Mumbai Fashion TechB2C E-CommerceB2C Fashion E-Commerce Series A Feb 2026 1 $15.3M
Bengaluru Customer Service SoftwareNatural Language ProcessingAgentic AI Series A Jan 2026 1 $5.5M
Gurugram Digital RemittanceFinTechBlockchain in Financial Services Seed Dec 2025 1 $1.1M
Bengaluru Beauty TechHorizontal E-CommerceInternet First Brands Seed Oct 2025 1 $6M
Bengaluru Data as a Service Seed Sep 2025 1 $338.1K
Ahmedabad Banking TechFinTechFinTech SaaS Seed Sep 2025 1 $4M
Bengaluru Banking TechFinTechFinTech SaaS Seed May 2025 1 $1.9M
Bengaluru Productivity SoftwareArtificial IntelligenceNative AI in Productivity Seed Jan 2025 1 $3M
Bengaluru Online GroceryB2C E-CommerceUber for Grocery Delivery Seed Dec 2024 1 $8M
Mumbai Alternative LendingRenewable Energy TechFinTech Seed Sep 2024 1 $6.3M
Bengaluru Legal TechArtificial IntelligenceNative AI in Legal Seed Sep 2024 1 $1.6M
Hyderabad RegTechCybersecurityGRC Software Series A Sep 2024 1 $10.1M
Lewes Enterprise CollaborationArtificial Intelligence Seed Sep 2024 1 $1.2M
Bengaluru Customer Success ManagementSales Force AutomationGenerative AI Seed Aug 2024 1 $600K
Juleo LED
Gurugram MatchmakingOnline DatingLoneliness Economy Angel Aug 2024 1 $2.5M
Gurugram ChatbotsMarketingTechSales Force Automation Seed Jul 2024 1
San Francisco MarketingTechAgentic AIArtificial Intelligence Seed Jul 2024 1 $1.8M
Bengaluru Finance & Accounting TechIncome Tax e-Filing PlatformsFinTech Seed Jun 2024 1 $1.6M
Uskudar PaymentsFinTechBusiness Payments Solutions Series A Jun 2024 1 $15M
Bengaluru PC & Console GamingMobile GamingGaming Tech Seed Apr 2024 1 $8.5M
Bengaluru Disease Self ManagementFitness & Wellness TechHealthTech Seed Apr 2024 1 $719.6K
San Francisco GRC SoftwareCybersecurityAI Infrastructure Seed Mar 2024 1 $2.5M
Pune ChatbotsCustomer Success ManagementBanking Tech Seed Feb 2024 1 $1M
Lewes ChatbotsMarketingTechAdTech Seed Feb 2024 1 $1.6M
Mumbai Healthcare Booking PlatformsHealthTechAt Home Diagnostics Seed Feb 2024 1 $2M
Jaipur Energy Efficiency TechConsumer Electronics E-CommerceIndustrial & Energy Hardwares Seed Feb 2024 1 $1.1M
Bengaluru Food Service Chains Series A Jan 2024 1 $10M
Bengaluru Mobile GamingMobile Game DevelopersGaming Tech Seed Dec 2023 1 $700K
Bengaluru GRC SoftwareRegTechGenerative AI Seed Nov 2023 1 $1.1M
Mumbai Investment TechOnline Trading PlatformsFinTech Seed Oct 2023 1 $7M
Mumbai Investment TechFinTechEquity Research Platforms Seed Oct 2023 1 $7M
Bengaluru Road Transport TechOnline TravelShared Mobility Seed Oct 2023 1 $900.7K
Dhaka K-12 EdTechOnline Courses Seed Oct 2023 1 $5.5M
Mumbai Beauty & Personal Care ProductsBeauty TechB2C E-Commerce Series A Sep 2023 1 $2.7M
Bengaluru Online GroceryFood & Beverage ProductsB2C E-Commerce Seed Aug 2023 1 $400K
Bengaluru Retail ChainsRetail Tech Seed Aug 2023 1 $695.4K
Bengaluru Household Durables Seed Jul 2023 1 $445.3K
Mumbai Property Management TechResidential Real Estate TechInternet First Property Rental Agency Seed Jun 2023 1 $1.5M
Bengaluru Alternative LendingInternet First LendersNBFC Lenders Seed Jun 2023 1 $1.5M
Bengaluru Investment TechFinTechOnline Trading Platforms Seed May 2023 1 $2M
Seed May 2023 1 $2M
Bengaluru SCM SoftwareLogistics TechIndustrial Robotics Seed May 2023 1 $350K
Mumbai Online TravelTravel and Hospitality Tech Seed May 2023 1 $507.4K
Gurugram Online TravelVacation RentalsGig Employers Seed Apr 2023 1 $2.5M
Mumbai PaymentsRegTechE-Commerce Enablers Seed Mar 2023 1 $3.5M
Bengaluru Continued LearningEdTechOnline Courses Seed Mar 2023 1 $4.1M
Mumbai PC & Console GamingOnline Gaming PlatformsGaming Tech Seed Mar 2023 1 $1.8M
Bengaluru Logistics TechE-Commerce EnablersBrands Tech Seed Mar 2023 1 $3M
Noida Higher Education TechCollege Admissions Advising PlatformsEdTech Series A Feb 2023 1 $6M
Los Angeles Healthcare Booking PlatformsEmployee Health ITOnline Health Information Seed Feb 2023 1 $1.5M
Ahmedabad Investment TechFinTechInternet First Wealth Management Platforms Seed Feb 2023 1 $3.7M
London Online TravelHRTechFinance & Accounting Tech Series A Feb 2023 1 $16.2M
Bengaluru OTT VideoVideo On DemandB2C E-Commerce Series A Jan 2023 1 $12.3M
New York City Consumer and SME LoansHigher Education TechAlternative Lending Seed Jan 2023 1 $1.8M
Gurugram E-Commerce EnablersLogistics TechBrands Tech Seed Jan 2023 1 $1.6M
Bengaluru Investment TechFinTech Seed Jan 2023 1 $3M
Bengaluru Alternative LendingFinTech Seed Jan 2023 2 $4.5M
Bengaluru Investment TechFinTech Series A Jan 2023 1 $4M
Bengaluru AdTech Seed Dec 2022 1 $1.7M
Noida Alternative LendingInternet First LendersNBFC Lenders Seed Dec 2022 1 $2M
Bengaluru Auto E-Commerce & ContentAuto Retail & AftersalesElectric Vehicles Seed Dec 2022 1 $4M
Mumbai Higher Education TechK-12 EdTechPayments Series A Dec 2022 1 $7.2M
Mumbai Residential Real Estate TechReal Estate TechReal Estate Listings Series A Dec 2022 1 $12M
Karnal K-12 EdTechHigher Education TechEdTech Seed Nov 2022 1 $1.2M
Bengaluru Gaming Tech Seed Nov 2022 1 $3.4M
Gurugram Banking TechRegTechPayments Series A Nov 2022 1 $4.7M
Gurugram AdTechMarketingTechCampaign Management Seed Oct 2022 2 $384.7K
Bengaluru Video CommerceInfluencer E-CommerceLive Streaming E-Commerce Seed Oct 2022 1 $1.7M
Bengaluru CryptocurrenciesBlockchainCrypto Trading Platforms Angel Sep 2022 1 $500K
Series A Sep 2022 1 $910.7K
Gurugram Alternative LendingFinTechNBFC Lenders Series A Sep 2022 1 $11M
Bengaluru Pet TechB2C E-CommerceRetail Tech Series A Aug 2022 1 $10M
Bengaluru RegTechBanking TechAlternative Lending Seed Jun 2022 1 $300K
San Juan Finance & Accounting TechFinTechBookkeeping Software Series A Jun 2022 2 $5.1M
Bengaluru Decentralized Autonomous OrganizationsBlockchain InfrastructureBlockchain Seed Jun 2022 1 $5M
Bengaluru Alternative LendingBanking TechFinTech Seed Jun 2022 1 $499.8K
Wilmington MarketingTechContent Marketing Series A Jun 2022 1 $14.3M
Bengaluru PaymentsOnline Business PaymentsBusiness Payments Solutions Series B Jun 2022 1 $12M
Bengaluru Continued LearningContinued Learning for ProfessionalsOnline Courses Seed May 2022 1 $1.5M
Mumbai Brands TechE-Commerce EnablersE-Commerce Rollups Seed May 2022 2 $5.5M
Gurugram Air Pollution Management TechCarbon Capture and OffsetCircular Economy Seed May 2022 1 $4M
Bengaluru Horizontal E-CommerceRetail Tech Seed Apr 2022 1 $5.8M
Gurugram Beauty TechBeauty & Personal Care ProductsB2C E-Commerce Seed Apr 2022 1 $3.5M
Ahmedabad Rural EcommerceOnline GroceryB2B E-Commerce Series A Apr 2022 1 $3M
Mumbai PaymentsDigital RemittanceFinTech Seed Apr 2022 1 $3.5M
Bengaluru Apparel BrandsFashion TechB2C E-Commerce Series A Apr 2022 1 $27.8M
oslash LED
Bengaluru Enterprise CollaborationProject Management ToolsRemote Work Tools Series A Mar 2022 1 $5M
Bengaluru Alternative LendingFinTech SaaSEmbedded Finance Seed Mar 2022 1 $4.5M
Bengaluru HRTechEmployee Health ITFuture of Work Seed Mar 2022 1 $2.3M
In Store Retail TechSales Force AutomationLoyalty Software Seed Mar 2022 1 $1.6M
Mumbai Real Estate & Infrastructure Developers Seed Mar 2022 1 $1.5M
Bengaluru Alternative LendingInternet First LendersNBFC Lenders Seed Mar 2022 1 $1M
Mumbai Investment TechFinTechInternet First Wealth Management Platforms Seed Feb 2022 1 $292.3K
Hyderabad Finance & Accounting TechAccounts Receivable AutomationFinTech Seed Feb 2022 1 $2M
Delhi Local ServicesReligion TechB2C E-Commerce Seed Feb 2022 1 $750K
Bengaluru Healthcare Payer TechInternet First Insurance PlatformsHealthTech Series A Feb 2022 2 $20M
Bengaluru MarketingTechInfluencer Marketing Seed Feb 2022 1 $4.6M
Kota Crop TechIoT ApplicationsIndoor Farming Seed Feb 2022 1 $2M
Chennai Online TravelOnline Travel AgenciesHoliday Packages Angel Feb 2022 1 $527.8K

Who they invest alongside

Investors that appear in the same rounds. Two names in one round is what "invested together" means here — it is not a claim about a relationship off the cap table.

InvestorTypeBased Shared roundsShared companies
QED Innovation Labs Firm Mumbai 87 87
Better Capital Firm Santa Clara 34 33
LetsVenture Firm Bengaluru 32 31
Angel List Firm San Francisco 28 26
Sandeep Tandon Angel Mumbai 25 24
Kunal Bahl Angel Delhi 25 23
Jitendra Gupta Angel Mumbai 24 22
Sujeet Kumar Angel 24 23
Wellfound Firm New York City 24 23
Amrish Rau Angel Singapore 23 21
Whiteboard Capital Firm Mumbai 21 20
Gaurav Munjal Angel Bengaluru 20 20
Peak XV Partners Firm Bengaluru 20 19
Rohit Bansal Angel Gurugram 19 18
Ramakant Sharma Angel Bengaluru 18 18
Lalit Keshre Angel Bengaluru 18 18
Anupam Mittal Angel 18 18
Binny Bansal Angel Singapore 18 17
Beenext Firm Singapore 18 17
Z47 Firm Bengaluru 17 16

Deals per year

20158
201626
20175
20181
20199
202018
2021112
202254
202331
202419
20256
20263

Lists Kunal Naresh Shah appears on

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