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

Angel investor · Bengaluru, India

Suraj Nalin.

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 PATTERN2022–2026
87%

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

First investment stage across 15 companies13 Seed, 0 Angel and 2 other-stage entries. Each dot represents one company.
Seed 13Angel 0Other 2

One dot = one company at first recorded investment.

15 companies · 17 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 26 Sep 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

Suraj Nalin has dated investments in 15 companies. 13 first entries were at Angel, Pre-Seed or Seed (86.7%). 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

6 first company relationships appear in the latest 24 months, compared with 8 in the preceding window. The latest recorded investment is 2025-09-26. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

3 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.

Explore the evidence ↗
04

Use a specific point of relevance

Energy Tech is the largest displayed sector by company count, appearing in 3 portfolio companies; sector tags overlap. 1 first entries carry a recorded lead flag and the median first-round syndicate includes 4 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
$314K–$1.2M

The middle half of entry rounds

25th–75th percentile across 15 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
6companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 8 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
33%

Another equity round within 24 months

3 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.

15matching companies
$1.0Mmedian first round (15 disclosed)
6first backed in last 24 months

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

Seed

AkashaLabdhi ↗

Developer of expandable habitats designed for sustainable living in space

$1.2M total first round
Seed

HomeRun ↗

Platform offering E-commerce brand delivering construction and interior building materials

$1.0M total first round
Series A

ZippMat ↗

One-stop shop for infrastructure and construction material supply

$3.1M 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 ASeries BAll stages
Energy Tech3
Green Transport3
Space and Defence Hardwares2
Construction Tech2
Retail Tech2
Auto E-Commerce & Content2
Auto Tech2
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
Seed13 disclosed
$756K$252K–$1.0M
Series A1 disclosed
$3.1M$3.1M–$3.1M
Series B1 disclosed
$10M$10M–$10M
$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
33.3%
3 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. 6 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
Seed83 / 81 / 8
Series A00 / 00 / 0
Series B10 / 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

Venture Catalysts

6 shared rounds · 6 companies

Latest shared round May 2025
02
FIRM

Z Nation Lab

5 shared rounds · 4 companies

Latest shared round May 2024
03
FIRM

LetsVenture

3 shared rounds · 3 companies

Latest shared round Sep 2025
04
FIRM

EvolveX Accelerator

2 shared rounds · 1 companies

Latest shared round May 2025
05
FIRM

Helios Holdings

2 shared rounds · 2 companies

Latest shared round Jul 2025
06
FIRM

India Accelerator

2 shared rounds · 2 companies

Latest shared round Jul 2025

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.

15 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Sep 2025Seed$1.2MNo later round recorded
HomeRun ↗Bengaluru
Jul 2025Seed$1.0MNo later round recorded
ZippMat ↗Bengaluru
Mar 2025Series A$3.1MNo later round recorded
Feb 2025Seed$377KNo later round recorded
Nov 2024Seed$71KYes · May 2025
Sep 2024Seed$1.0MNo later round recorded
Humors ↗Bengaluru
May 2024Seed$240KYes · May 2024
Mar 2024Seed$252KNo later round recorded
Feb 2024Seed$1.3MNo later round recorded
Respyr ↗Bengaluru
Feb 2024Seed$240KNo later round recorded
Nov 2023Seed$1.0MNo later round recorded
Mar 2023Seed$1.8MNo later round recorded
SWYTCHD ↗Bengaluru
Dec 2022Seed$553KNo later round recorded
Frinks AI ↗Bengaluru
Sep 2022Seed$756KNo later round recorded
Headfone ↗Bengaluru
Apr 2022Series B$10MNo later round recorded
0 more companies have undated investments

Kept in the 15-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 Bengaluru, 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 ↗