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

Angel investor · India

Surendra Goyal.

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 PATTERN2016–2026
100%

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

First investment stage across 4 companies3 Seed, 1 Angel and 0 other-stage entries. Each dot represents one company.
Seed 3Angel 1Other 0

One dot = one company at first recorded investment.

4 companies · 9 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 26 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

Surendra Goyal has dated investments in 4 companies. 4 first entries were at Angel, Pre-Seed or Seed (100.0%). 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

0 first company relationships appear in the latest 24 months, compared with 0 in the preceding window. The latest recorded investment is 2024-06-26. This describes observed activity through 2026-05-22; it does not establish current availability.

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03

Plan the next financing step

3 of 4 companies with a full 24-month observation window raised another equity round. This investor backed 2 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

Advanced Concrete Technology is the largest displayed sector by company count, appearing in 1 portfolio companies; sector tags overlap. 2 first entries carry a recorded lead flag and the median first-round syndicate includes 25.5 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
$223K–$478K

The middle half of entry rounds

25th–75th percentile across 4 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
0companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 0 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
75%

Another equity round within 24 months

3 of 4 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
50%

This investor invested again within 24 months

2 of the same 4 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.

4matching companies
$357Kmedian first round (4 disclosed)
0first backed in last 24 months

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

Angel

GreenJams ↗

Manufacturer of carbon-negative building materials

$265K total first round
Seed

Insurance Samadhan ↗

Online grievance redressal platform for individuals and businesses

$96K total first round
Seed

Callify ↗

Provider of AI-powered recruitment automation platform for screening, scheduling, and onboarding

$563K 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.
SectorAngelSeedAll stages
Advanced Concrete Technology1
Circular Economy1
Construction Tech1
Solid Waste Management Tech1
FinTech1
InsurTech1
Internet First Insurance Platforms1
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
$265K$265K–$265K
Seed3 disclosed
$449K$273K–$506K
$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.

4
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
75%
3 of 4 companies

Backed again by this investor

A subset of the companies above
50%
2 of 4 companies
i

Includes first investments on or before 22 May 2024. 0 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 / 11 / 1
Seed32 / 31 / 3
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

Rahul Kayan ↗

4 shared rounds · 1 companies

Latest shared round Jun 2024
02
ANGEL

Atiya Mirwani

3 shared rounds · 1 companies

Latest shared round Mar 2019
03
FIRM

Augment Ventures

3 shared rounds · 1 companies

Latest shared round Jun 2024
04
FIRM

BNM Finance

3 shared rounds · 1 companies

Latest shared round Mar 2019
05
ANGEL

Bandhan Dutta

3 shared rounds · 1 companies

Latest shared round Mar 2019
06
ANGEL

Bhupal Sukumar De

3 shared rounds · 1 companies

Latest shared round Mar 2019

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.

4 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
GreenJams ↗Visakhapatnam
Oct 2021Angel$265KYes · Sep 2022
May 2021Seed$96KNo later round recorded
Dec 2020Seed$563KNo later round recorded
May 2016Seed$449KYes · Sep 2017
0 more companies have undated investments

Kept in the 4-company portfolio; excluded from entry-timing calculations.

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