Indian Angel Network

The Indian Angel Network (IAN), established in April 2006, is a prominent platform that connects successful entrepreneurs and CEOs who seek to invest in early-stage ventures with high growth potential. It aims to revolutionize angel investing in India by providing not only capital but also valuable mentoring and strategic insights to startups. The network leverages the expertise of its members, who are well-equipped to evaluate the potential and risks associated with early-stage investments. In addition to its core activities, IAN manages the IAN Fund, which focuses on seed and early-stage investments across various sectors, including healthcare, artificial intelligence, fintech, and more. This fund targets investments ranging from approximately INR 2.5 million to INR 500 million, reflecting a commitment to nurturing innovative businesses in India's rapidly evolving market landscape.

Sudipta Gautam

Managing Partner

Sharad Junghare

Angel Investor

Abhishek Kakkar

Vice President

Rajnish Kapur

Managing Partner ( IAN Fund )

Nymisha Puvvada

Associate Vice President

Padmaja Ruparel

Founding Partner

Padmaja Ruparel

Co-Founder

Saurabh Srivastava

Co-Founder and Chairman

Past deals in FMCG

Phool

Series A in 2022
Phool is a company dedicated to managing and recycling floral waste, primarily generated from religious places of worship. It operates on a circular economy model, transforming this waste into various organic products, including patented organic fertilizers, charcoal-free incense sticks, and biodegradable packaging materials. By focusing on sustainability, Phool not only addresses the environmental issue of floral waste but also empowers marginalized communities by providing employment opportunities, particularly for women. Through its innovative approach, the company aims to create a positive impact on both the environment and society.

Enso Logic

Seed Round in 2022
Ensologic Commerce is an online marketplace that simplifies sales and distribution of consumer products in India for overseas Brands, Manufacturers or Aggregators. We have an extensive network of sellers and distributors that use our services and technology platform to sell to both online and offline consumers across India.

GreenPod Labs

Seed Round in 2022
GreenPod Labs Private Limited, established in 2019 and headquartered in Chennai, India, specializes in post-harvest solutions aimed at reducing the significant losses of fruits and vegetables during storage and transport. Despite being the second largest producer of these commodities, India faces a staggering 40% loss before the products reach consumers, resulting in an economic impact of approximately $12 billion due to food waste. To address this issue, GreenPod Labs has developed an innovative active packaging sachet that incorporates nano-encapsulated plant extracts. This technology naturally slows down the ripening process and minimizes microbial attack, effectively extending the shelf life of perishable goods and helping to mitigate the challenges posed by inadequate storage and transportation facilities.

Cora Health

Seed Round in 2021
Operator of a social commerce marketplace intended to offer healthcare products for everyday health and wellness. The company's marketplace provides healthy and diet food for diabetes, immunity building, weight loss, gluten-free, plant-based, sugar-free food products, and other similar products, enabling customers to purchase healthy food and nutrients as per their health needs.

Auntie Fung's

Angel Round in 2021
Auntie Fung's is a quick-service restaurant startup specializing exclusively in food delivery. The company aims to offer a unique selection of Asian street food, focusing on heartwarming comfort dishes presented in a healthy and hygienic manner. By utilizing local flavors and authentic recipes, Auntie Fung's provides customers with a diverse range of delicious Asian cuisine, ensuring that each meal is both flavorful and nutritious. The emphasis on proper service and quality ingredients distinguishes Auntie Fung's in the competitive food delivery market, appealing to food enthusiasts seeking a genuine culinary experience.

Wow! Momo

Series C in 2021
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.

Wow! Momo

Series C in 2021
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.

Farmers Fresh Zone

Seed Round in 2021
FarmersFZ represent the union of farmers. They represent the collapsing agricultural sector of our nation!!. They represent the suffering lives of farmers. They understand the poor customers who are compelled to buy the toxic vegetables and fruits by paying high price. They pity the helpless state of million people who are struggling to find out the natural sources of fresh and pure vegetables.

Swift

Seed Round in 2021
Simplifying fulfillment businesses and brands in India. Need for a reliable and affordable shipping partner is one of the biggest challenges for e-retailers in India. Swift helps businesses by solving this problem. Reduced returns, increased sales conversion, better shipping experience, distributed warehousing are some of the many aspects of fulfillment Swift helps its client with. Our proprietary logistics intelligence platform does it all

FarMart

Seed Round in 2021
FarMart Service Private Limited operates an online marketplace that connects farmers who own agricultural machinery with those who need it on a pay-per-use basis. Founded in 2015 and based in Gurugram, India, the company has developed a mobile app that allows farmers to order agri-machinery, select delivery dates, and even rent machinery via phone. Given that a significant portion of Indian farmers possess less than one hectare of land, FarMart addresses the challenge of limited access to machinery, thereby enhancing productivity while minimizing costs. The platform not only facilitates the rental and sharing of machinery but also contributes to rural entrepreneurship by providing farmers with access to modern agricultural technology. Additionally, FarMart connects farmers with retailers and food businesses, enabling them to sell their products at competitive prices.

FarMart

Seed Round in 2021
FarMart Service Private Limited operates an online marketplace that connects farmers who own agricultural machinery with those who need it on a pay-per-use basis. Founded in 2015 and based in Gurugram, India, the company has developed a mobile app that allows farmers to order agri-machinery, select delivery dates, and even rent machinery via phone. Given that a significant portion of Indian farmers possess less than one hectare of land, FarMart addresses the challenge of limited access to machinery, thereby enhancing productivity while minimizing costs. The platform not only facilitates the rental and sharing of machinery but also contributes to rural entrepreneurship by providing farmers with access to modern agricultural technology. Additionally, FarMart connects farmers with retailers and food businesses, enabling them to sell their products at competitive prices.

Farmers Fresh Zone

Venture Round in 2020
FarmersFZ represent the union of farmers. They represent the collapsing agricultural sector of our nation!!. They represent the suffering lives of farmers. They understand the poor customers who are compelled to buy the toxic vegetables and fruits by paying high price. They pity the helpless state of million people who are struggling to find out the natural sources of fresh and pure vegetables.

Farmers Fresh Zone

Seed Round in 2020
FarmersFZ represent the union of farmers. They represent the collapsing agricultural sector of our nation!!. They represent the suffering lives of farmers. They understand the poor customers who are compelled to buy the toxic vegetables and fruits by paying high price. They pity the helpless state of million people who are struggling to find out the natural sources of fresh and pure vegetables.

Farmers Fresh Zone

Seed Round in 2020
FarmersFZ represent the union of farmers. They represent the collapsing agricultural sector of our nation!!. They represent the suffering lives of farmers. They understand the poor customers who are compelled to buy the toxic vegetables and fruits by paying high price. They pity the helpless state of million people who are struggling to find out the natural sources of fresh and pure vegetables.

Phool

Seed Round in 2020
Phool is a company dedicated to managing and recycling floral waste, primarily generated from religious places of worship. It operates on a circular economy model, transforming this waste into various organic products, including patented organic fertilizers, charcoal-free incense sticks, and biodegradable packaging materials. By focusing on sustainability, Phool not only addresses the environmental issue of floral waste but also empowers marginalized communities by providing employment opportunities, particularly for women. Through its innovative approach, the company aims to create a positive impact on both the environment and society.

Consure Medical

Series B in 2020
Consure Medical Private Limited is a medical device company that specializes in solutions for fecal containment, particularly for bedridden patients. It has developed the Qora Stool Management Kit, an indwelling fecal drainage device designed to manage fecal incontinence across various healthcare settings, including intensive care units and nursing homes. The company aims to address gastrointestinal disorders and improve patient outcomes by minimizing complications such as dermatitis and mucosal damage associated with fecal incontinence. Founded in 2011 and headquartered in New Delhi, India, Consure Medical also operates in San Francisco, California, serving critical patients in both India and the United States.

FreshWorld

Venture Round in 2020
FreshWorld offers a farm to home concept by organizing fruits and vegetables (FnV) retailing. FreshWorld having revolutionized and upgraded the time tested street vending format aims to reach the Customers in this unique delivery format in order that they experience the ease and convenience of quality FnV purchase right at their doorstep. The transparency of pricing and an automated digital bill for every purchase embellishes the Freshworld story of providing a supermarket experience for the Customers while the digital weighing scale, with Customer friendly dual display, provides ample testimony to the accuracy of the weight of FnV purchased. The freshness of the FnV coupled with ‘touch and feel ‘as well as ‘pick and choose’ format of purchase enables our customers to have this unique experience at their doorstep paralleled only in a super market of this age.

MaxWholesale

Series A in 2020
Max Wholesale.in is India's first online B2B platform for sourcing all inventory needs for local General Store merchants. The FMCG supply chain as they know it is in dire need of technology infusion. Less than 0.1% of retailers of India - who they identify as Kirana stores - use POS terminals. With 8 million stores, India surpasses even countries like China, and the demand that originates from these stores is highly fragmented. They are individually small but collectively very large With their data science driven approach they are changing the way business is done at these stores. Their friends - the moms and pops at these stores - need a hint of the right technology and tools which could help them increase efficiency and return-on-effort. At MaxWholesale, Their proprietary algorithms help you predict your demand, procure better, larger variety and more reliably, reduce wastage, and enable you with the right working capital based on your payment history.

Coolberg

Series A in 2019
Coolberg Beverages Private Limited, founded in 2016 and based in Mumbai, India, specializes in the production of non-alcoholic beverages. The company brews a diverse range of flavored beers, including mint, ginger, malt, peach, cranberry, and strawberry, using natural ingredients such as barley malt and herbs. Coolberg's products are distributed across various Indian states, including Punjab, Rajasthan, Gujarat, and Karnataka, among others. The company aims to create a modern and aspirational category of drinks that appeals to beverage enthusiasts, focusing on quality and unique flavor profiles. With an additional office in Dubai, Coolberg is dedicated to efficient sourcing, processing, packaging, and marketing to meet customer demands while maintaining high hygiene standards.

FreshWorld

Seed Round in 2019
FreshWorld offers a farm to home concept by organizing fruits and vegetables (FnV) retailing. FreshWorld having revolutionized and upgraded the time tested street vending format aims to reach the Customers in this unique delivery format in order that they experience the ease and convenience of quality FnV purchase right at their doorstep. The transparency of pricing and an automated digital bill for every purchase embellishes the Freshworld story of providing a supermarket experience for the Customers while the digital weighing scale, with Customer friendly dual display, provides ample testimony to the accuracy of the weight of FnV purchased. The freshness of the FnV coupled with ‘touch and feel ‘as well as ‘pick and choose’ format of purchase enables our customers to have this unique experience at their doorstep paralleled only in a super market of this age.

Clensta

Seed Round in 2018
Clensta International Private Limited specializes in manufacturing waterless personal hygiene products, including waterless shampoo and body bath solutions. Founded in 2016 and headquartered in New Delhi, India, with an additional office in The Hague, the Netherlands, Clensta aims to make hygiene accessible in various challenging environments. Its products are designed for defense personnel, hospitals, home healthcare, adventure enthusiasts, long-distance travelers, and individuals in disaster-stricken areas. Collaborating with IIT Delhi, Clensta focuses on creating innovative healthcare solutions that facilitate personal hygiene without the need for water, ensuring that users can maintain cleanliness anytime and anywhere, regardless of their circumstances.

Coolberg

Seed Round in 2018
Coolberg Beverages Private Limited, founded in 2016 and based in Mumbai, India, specializes in the production of non-alcoholic beverages. The company brews a diverse range of flavored beers, including mint, ginger, malt, peach, cranberry, and strawberry, using natural ingredients such as barley malt and herbs. Coolberg's products are distributed across various Indian states, including Punjab, Rajasthan, Gujarat, and Karnataka, among others. The company aims to create a modern and aspirational category of drinks that appeals to beverage enthusiasts, focusing on quality and unique flavor profiles. With an additional office in Dubai, Coolberg is dedicated to efficient sourcing, processing, packaging, and marketing to meet customer demands while maintaining high hygiene standards.

MaxWholesale

Seed Round in 2017
Max Wholesale.in is India's first online B2B platform for sourcing all inventory needs for local General Store merchants. The FMCG supply chain as they know it is in dire need of technology infusion. Less than 0.1% of retailers of India - who they identify as Kirana stores - use POS terminals. With 8 million stores, India surpasses even countries like China, and the demand that originates from these stores is highly fragmented. They are individually small but collectively very large With their data science driven approach they are changing the way business is done at these stores. Their friends - the moms and pops at these stores - need a hint of the right technology and tools which could help them increase efficiency and return-on-effort. At MaxWholesale, Their proprietary algorithms help you predict your demand, procure better, larger variety and more reliably, reduce wastage, and enable you with the right working capital based on your payment history.

Wow! Momo

Series B in 2017
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.

FarMart

Seed Round in 2017
FarMart Service Private Limited operates an online marketplace that connects farmers who own agricultural machinery with those who need it on a pay-per-use basis. Founded in 2015 and based in Gurugram, India, the company has developed a mobile app that allows farmers to order agri-machinery, select delivery dates, and even rent machinery via phone. Given that a significant portion of Indian farmers possess less than one hectare of land, FarMart addresses the challenge of limited access to machinery, thereby enhancing productivity while minimizing costs. The platform not only facilitates the rental and sharing of machinery but also contributes to rural entrepreneurship by providing farmers with access to modern agricultural technology. Additionally, FarMart connects farmers with retailers and food businesses, enabling them to sell their products at competitive prices.

FreshWorld

Angel Round in 2016
FreshWorld offers a farm to home concept by organizing fruits and vegetables (FnV) retailing. FreshWorld having revolutionized and upgraded the time tested street vending format aims to reach the Customers in this unique delivery format in order that they experience the ease and convenience of quality FnV purchase right at their doorstep. The transparency of pricing and an automated digital bill for every purchase embellishes the Freshworld story of providing a supermarket experience for the Customers while the digital weighing scale, with Customer friendly dual display, provides ample testimony to the accuracy of the weight of FnV purchased. The freshness of the FnV coupled with ‘touch and feel ‘as well as ‘pick and choose’ format of purchase enables our customers to have this unique experience at their doorstep paralleled only in a super market of this age.

FarEye

Series A in 2016
FarEye is a logistics SaaS platform for predictive visibility. It enables brands to orchestrate, track, and optimize their logistics operations. The machine-learning based platform is empowering global enterprises to shrink delivery time by up to 27%, increase courier productivity by up to 15%, eliminate risks by up to 57%, and achieve operational excellence.

Consure Medical

Series B in 2016
Consure Medical Private Limited is a medical device company that specializes in solutions for fecal containment, particularly for bedridden patients. It has developed the Qora Stool Management Kit, an indwelling fecal drainage device designed to manage fecal incontinence across various healthcare settings, including intensive care units and nursing homes. The company aims to address gastrointestinal disorders and improve patient outcomes by minimizing complications such as dermatitis and mucosal damage associated with fecal incontinence. Founded in 2011 and headquartered in New Delhi, India, Consure Medical also operates in San Francisco, California, serving critical patients in both India and the United States.

Wow! Momo

Seed Round in 2015
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.

FreshWorld

Angel Round in 2015
FreshWorld offers a farm to home concept by organizing fruits and vegetables (FnV) retailing. FreshWorld having revolutionized and upgraded the time tested street vending format aims to reach the Customers in this unique delivery format in order that they experience the ease and convenience of quality FnV purchase right at their doorstep. The transparency of pricing and an automated digital bill for every purchase embellishes the Freshworld story of providing a supermarket experience for the Customers while the digital weighing scale, with Customer friendly dual display, provides ample testimony to the accuracy of the weight of FnV purchased. The freshness of the FnV coupled with ‘touch and feel ‘as well as ‘pick and choose’ format of purchase enables our customers to have this unique experience at their doorstep paralleled only in a super market of this age.

FarEye

Angel Round in 2014
FarEye is a logistics SaaS platform for predictive visibility. It enables brands to orchestrate, track, and optimize their logistics operations. The machine-learning based platform is empowering global enterprises to shrink delivery time by up to 27%, increase courier productivity by up to 15%, eliminate risks by up to 57%, and achieve operational excellence.

Mukunda Foods

Angel Round in 2013
Mukunda Foods Pvt. Ltd. designs and develops automated food equipment for food retail segment in India. The company offers table top automatic dosa making machines through a network of distributors. It serves hotels, restaurants, and eateries, as well as exports worldwide. The company was incorporated in 2012 and is based in Bengaluru, India.
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