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

Angel investor · India

Raman Roy.

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 PATTERN2006–2026
93%

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

First investment stage across 120 companies111 Seed, 1 Angel and 8 other-stage entries. Each dot represents one company.
Seed 111Angel 1Other 8

One dot = one company at first recorded investment.

120 companies · 196 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 15 Dec 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

Raman Roy has dated investments in 120 companies. 112 first entries were at Angel, Pre-Seed or Seed (93.3%). 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

2 first company relationships appear in the latest 24 months, compared with 13 in the preceding window. The latest recorded investment is 2025-12-15. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

70 of 118 companies with a full 24-month observation window raised another equity round. This investor backed 43 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

Retail Tech is the largest displayed sector by company count, appearing in 20 portfolio companies; sector tags overlap. 20 first entries carry a recorded lead flag and the median first-round syndicate includes 38 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
$281K–$766K

The middle half of entry rounds

25th–75th percentile across 120 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
2companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 13 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
59%

Another equity round within 24 months

70 of 118 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
36%

This investor invested again within 24 months

43 of the same 118 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.

120matching companies
$450Kmedian first round (120 disclosed)
2first backed in last 24 months

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

Seed

Workie ↗

Provider of build-to-suit and managed workspace solutions

$1.6M total first round
Seed

Nanosafe Solutions ↗

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

$375K total first round
Seed

Toffee Coffee Roasters ↗

Retailer of specialty coffee products including single-origin beans, blended coffees, and brewing accessories

$108K 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
Retail Tech20
B2C E-Commerce19
EdTech15
Commerce Enablers11
Life Sciences10
Internet First Brands9
Travel and Hospitality Tech8
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
Angel1 disclosed
$207K$207K–$207K
Seed111 disclosed
$439K$281K–$669K
Series A8 disclosed
$1.4M$877K–$2.8M
$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.

118
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
59.3%
70 of 118 companies

Backed again by this investor

A subset of the companies above
36.4%
43 of 118 companies
i

Includes first investments on or before 22 May 2024. 2 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
Angel11 / 10 / 1
Seed10966 / 10941 / 109
Series A83 / 82 / 8
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

120 shared rounds · 98 companies

Latest shared round Jun 2024
04
FIRM

Haystack

53 shared rounds · 43 companies

Latest shared round Oct 2024
06
ANGEL

Gopal Menon ↗

48 shared rounds · 34 companies

Latest shared round Oct 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.

120 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Jul 2024Seed$1.6MYes · Jan 2025
Jun 2024Seed$375KNo later round recorded
Jan 2024Seed$108KNo later round recorded
Nov 2023Series A$484KNo later round recorded
Sep 2023Seed$165KNo later round recorded
Aug 2023Seed$3.0MYes · Jun 2024
Mar 2023Seed$285KNo later round recorded
Mar 2023Seed$278KNo later round recorded
Feb 2023Seed$2.3MNo later round recorded
Crest ↗Bengaluru
Jan 2023Seed$803KYes · Apr 2024
Edmingle ↗Bengaluru
Oct 2022Seed$1.0MNo later round recorded
Aug 2022Seed$563KNo later round recorded
Aug 2022Seed$655KYes · Oct 2023
Jun 2022Seed$258KNo later round recorded
Yostra ↗Bengaluru
May 2022Seed$503KNo later round recorded
Apr 2022Series A$657KNo later round recorded
AyuRythm ↗Bengaluru
Mar 2022Seed$520KNo later round recorded
Mar 2022Seed$683KNo later round recorded
Feb 2022Seed$457KYes · Oct 2024
Feb 2022Seed$537KYes · Apr 2023
Feb 2022Seed$134KNo later round recorded
Jan 2022Seed$532KNo later round recorded
Jan 2022Seed$200KNo later round recorded
Pidge ↗Gurugram
Oct 2021Seed$1.0MYes · Jun 2022
Sep 2021Seed$600KNo later round recorded
Learn4o ↗Chittorgarh
Jul 2021Seed$89KNo later round recorded
Jul 2021Seed$3.1MNo later round recorded
InfyU Labs ↗Gandhinagar
Jul 2021Seed$241KNo later round recorded
Jul 2021Seed$3.0MYes · Aug 2023
Jun 2021Seed$202KNo later round recorded
Fyllo ↗Bengaluru
Jun 2021Seed$411KNo later round recorded
May 2021Seed$342KNo later round recorded
May 2021Seed$1.2MNo later round recorded
Unotag ↗Bengaluru
Mar 2021Seed$38KNo later round recorded
UnoTag ↗Bengaluru
Mar 2021Seed$68KYes · May 2022
Feb 2021Seed$1.8MNo later round recorded
Jan 2021Seed$102KNo later round recorded
Dusminute ↗Bengaluru
Jan 2021Seed$1.1MYes · Aug 2021
Oct 2020Series A$3.2MYes · Mar 2024
Sep 2020Seed$1.0MYes · Apr 2021
Phool ↗Kanpur
Aug 2020Seed$2.0MYes · May 2021
Aug 2020Seed$771KYes · Apr 2021
Aug 2020Seed$333KYes · Feb 2022
Jul 2020Seed$1.5MYes · May 2022
MIMYK ↗Bengaluru
Mar 2020Seed$292KNo later round recorded
Feb 2020Seed$148KNo later round recorded
Jan 2020Seed$812KYes · Jan 2021
Swift ↗Bengaluru
Dec 2019Seed$140KYes · Jul 2021
Dec 2019Seed$449KNo later round recorded
WeeClu ↗Hyderabad
Aug 2019Seed$576KNo later round recorded
Jul 2019Seed$1.8MYes · Oct 2020
Wizikey ↗Gurugram
May 2019Seed$360KYes · Jul 2021
Apr 2019Series A$2.7MNo later round recorded
Apr 2019Seed$514KNo later round recorded
Apr 2019Seed$619KNo later round recorded
Cogos ↗Bengaluru
Apr 2019Seed$1.0MYes · Oct 2022
HabitStrong ↗Thiruvananthapuram
Mar 2019Seed$439KNo later round recorded
Mar 2019Seed$507KNo later round recorded
Mar 2019Seed$281KNo later round recorded
Feb 2019Seed$753KYes · Apr 2019
Feb 2019Seed$348KNo later round recorded
Jan 2019Seed$1.9MNo later round recorded
Jan 2019Seed$287KYes · Nov 2019
Artivatic ↗Bengaluru
Dec 2018Seed$429KNo later round recorded
Dec 2018Seed$500KYes · Jul 2024
Oct 2018Seed$219KNo later round recorded
Oct 2018Seed$325KNo later round recorded
Sep 2018Seed$468KYes · Oct 2019
Aug 2018Seed$341KYes · Sep 2019
Jul 2018Seed$808KNo later round recorded
Propelld ↗Bengaluru
Jul 2018Seed$291KNo later round recorded
PregBuddy ↗Bengaluru
Mar 2018Seed$139KYes · Jun 2019
Mar 2018Seed$74KYes · Jul 2022
6Degree ↗Bengaluru
Jan 2018Seed$400KNo later round recorded
Pandorum ↗Bengaluru
Dec 2017Series A$3.6MYes · Jun 2021
TagBox ↗Bengaluru
Oct 2017Seed$281KYes · Apr 2019
Oct 2017Seed$281KYes · Apr 2019
Oct 2017Seed$226KNo later round recorded
Jul 2017Seed$202KYes · May 2019
Jun 2017Seed$158KYes · Mar 2018
Jun 2017Seed$1.0MYes · May 2018
Mar 2017Seed$310KYes · Mar 2018
Nov 2016Seed$500KNo later round recorded
FoodYoga ↗Greensboro
Nov 2016Seed$132KYes · Dec 2017
Nov 2016Seed$307KYes · Aug 2018
Nov 2016Seed$135KYes · Dec 2017
Sep 2016Series A$951KYes · May 2019
Jul 2016Seed$471KNo later round recorded
Staqu ↗Gurugram
Jun 2016Seed$443KYes · Apr 2018
Jun 2016Seed$447KNo later round recorded
Jun 2016Seed$500KYes · Feb 2017
Apr 2016Seed$303KYes · Dec 2016
Apr 2016Seed$450KNo later round recorded
Apr 2016Series A$1.2MYes · Oct 2017
Mar 2016Seed$294KYes · Apr 2021
Mar 2016Seed$526KNo later round recorded
Feb 2016Seed$368KYes · Apr 2017
Transcell ↗Hyderabad
Feb 2016Seed$377KYes · Apr 2017
Feb 2016Seed$296KYes · Jan 2017
Jan 2016Seed$765KNo later round recorded
Dec 2015Seed$88KYes · Jan 2017
QikPod ↗Bengaluru
Nov 2015Seed$9.0MNo later round recorded
Nov 2015Seed$1.0MYes · Jun 2017
Nov 2015Seed$469KYes · Jan 2019
Qbit ↗Mumbai
Oct 2015Seed$307KNo later round recorded
Aug 2015Seed$600KNo later round recorded
Jun 2015Series A$1.6MYes · Jun 2017
May 2015Seed$603KNo later round recorded
Uniphore ↗Palo Alto
Feb 2015Seed$756KNo later round recorded
Nov 2014Seed$178KNo later round recorded
Sep 2014Seed$439KYes · Aug 2015
Nov 2013Seed$265KYes · Aug 2015
Oct 2013Seed$511KNo later round recorded
Sep 2013Seed$298KNo later round recorded
Jan 2013Seed$235KYes · Jun 2015
Nov 2012Seed$294KYes · Dec 2013
Unbxd ↗San Mateo
Apr 2012Angel$207KYes · Mar 2016
Kissflow ↗Wilmington
Mar 2012Seed$1.0MNo later round recorded
Jan 2012Seed$500KYes · Feb 2013
Jul 2006Seed$239KNo later round recorded
0 more companies have undated investments

Kept in the 120-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 , India 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 ↗