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

Angel investor · India

Sanjay Arora.

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 PATTERN2007–2026
82%

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

First investment stage across 11 companies8 Seed, 1 Angel and 2 other-stage entries. Each dot represents one company.
Seed 8Angel 1Other 2

One dot = one company at first recorded investment.

11 companies · 13 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 06 May 2026
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

Sanjay Arora has dated investments in 11 companies. 9 first entries were at Angel, Pre-Seed or Seed (81.8%). 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

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

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03

Plan the next financing step

8 of 9 companies with a full 24-month observation window raised another equity round. This investor backed 1 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

HealthTech is the largest displayed sector by company count, appearing in 3 portfolio companies; sector tags overlap. 0 first entries carry a recorded lead flag and the median first-round syndicate includes 12 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
$252K–$1.2M

The middle half of entry rounds

25th–75th percentile across 11 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 2 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
89%

Another equity round within 24 months

8 of 9 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
11%

This investor invested again within 24 months

1 of the same 9 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.

11matching companies
$313Kmedian first round (11 disclosed)
2first backed in last 24 months

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

Seed

Nowound ↗

Developer of medical device and technologies for wound closure and tissue regeneration

$1.9M total first round
Seed

Ivory ↗

Provider of neuroscience-backed brain health assessments and games

$1.0M total first round
Seed

Task Tracker ↗

Developer of task and sales management software for business operations

$77K 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
HealthTech3
Food & Beverage Products3
Life Sciences1
Medical Devices1
Wound Care1
Chronic Disease Management1
Disease Self Management1
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
$522K$522K–$522K
Seed8 disclosed
$254K$243K–$1.1M
Series A1 disclosed
$2.9M$2.9M–$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.

9
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
88.9%
8 of 9 companies

Backed again by this investor

A subset of the companies above
11.1%
1 of 9 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
Seed65 / 61 / 6
Series A11 / 10 / 1
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
FIRM

Candle Partners

3 shared rounds · 1 companies

Latest shared round Jul 2025
02
ANGEL

Amit Manocha ↗

2 shared rounds · 2 companies

Latest shared round Aug 2019
03
ANGEL

Anand Tibrewala

2 shared rounds · 2 companies

Latest shared round Aug 2019
04
FIRM

HD Technologies

2 shared rounds · 2 companies

Latest shared round Jul 2020
05
FIRM

India Accelerator

2 shared rounds · 2 companies

Latest shared round Sep 2023
06
ANGEL

Monika Aggarwal

2 shared rounds · 2 companies

Latest shared round Jul 2020

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.

11 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Nowound ↗Gurugram
May 2026Seed$1.9MNo later round recorded
Ivory ↗Mumbai
Apr 2025Seed$1.0MNo later round recorded
Sep 2023Seed$77KYes · Jan 2024
Apr 2023Series A$2.9MNo later round recorded
Aug 2021Angel$522KNo later round recorded
Jul 2020Seed$220KNo later round recorded
Oct 2019Seed$254KNo later round recorded
Aug 2019Seed$253KNo later round recorded
Chqbook ↗Gurugram
Nov 2018Seed$250KNo later round recorded
Feb 2017Seed$1.4MNo later round recorded
Mar 2007Unattributed$313KNo later round recorded
0 more companies have undated investments

Kept in the 11-company portfolio; excluded from entry-timing calculations.

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