Mumbai Angels

Mumbai Angels is an angel stage investment firm founded in 2006 and based in Mumbai, India. The firm focuses on early-stage companies, providing them with the necessary support to grow and scale. It serves as a breeding ground for innovative businesses, acting as a bridge between entrepreneurs and larger corporations, as well as financial investors looking for incubated companies with potential for development. Through its investments, Mumbai Angels aims to foster entrepreneurship and contribute to the growth of the startup ecosystem in India.

Neha Aggarwal

Vice President, Investments

Veena Avadhanam

Director - New Investments

Shivangi Bubna

Executive Vice President, Investments

Prashant Choksey

Co-Founder

Nirav Choksi

Partner

Vishwamitra Hariharan

Partner

Chandni Jafri

CEO

Priyanka Joshi

Vice President

Kapil Kotnala

Vice President, Investments

Nandini Mansinghka

CEO and Managing Director

Prerna Nathani

Senior Associate, Investments

Rajesh Sehgal

Angel Investor

Past deals in Beverages

Proost69

Seed Round in 2023
Proost69 specializes in producing premium handcrafted beer, focusing on delivering bold and distinctive flavors. The company emphasizes a smooth taste, achieved through an infusion of citrus and fruity elements, including unique notes of banana and mango. This approach allows Proost69 to offer innovative brews that cater to consumers seeking high-quality and flavorful beer options.

Proost69

Seed Round in 2023
Proost69 specializes in producing premium handcrafted beer, focusing on delivering bold and distinctive flavors. The company emphasizes a smooth taste, achieved through an infusion of citrus and fruity elements, including unique notes of banana and mango. This approach allows Proost69 to offer innovative brews that cater to consumers seeking high-quality and flavorful beer options.

Rock Paper Rum

Seed Round in 2023
Rock Paper Rum is a distillery focused on producing crafted rum, utilizing triple distillation methods with sugarcane, spices, and other traditional Indian ingredients. The company aims to provide a diverse range of flavored rums, allowing consumers to explore various types of alcoholic beverages at accessible price points. By emphasizing quality and local flavors, Rock Paper Rum seeks to enhance the drinking experience while catering to the preferences of its customers.

Barneys

Seed Round in 2021
Barbrew operates as a beverage company. Barneys Hard Seltzer is an alternative drink to beer, wine and cocktails, being produced by Barbrew.

Jade Forest

Seed Round in 2021
Jade Forest is a producer of beverages that specializes in tonic water and ginger ale, focusing on offering options that are low in calories and free from artificial sweeteners. The company crafts its products using a unique extraction process that captures the essential juices and oils of natural ingredients, ensuring rich flavors while maintaining low sugar content. This approach allows Jade Forest to provide a diverse selection of tonics and mixers that appeal to health-conscious consumers seeking flavorful beverages.

Svami

Convertible Note in 2020
Svami is a business founded by three partners who aim to enhance the drinking experience through their innovative range of mixers. The company specializes in producing non-alcoholic beverages, including original and flavored tonic waters with low sugar content, as well as ginger ale and sodas. Svami's products cater to the growing demand for premium mixers, particularly in response to the resurgence of gin consumption in India and globally. By focusing on all-natural ingredients, Svami offers consumers an elevated alternative for their drinking occasions.

Vahdam India

Series B in 2018
Vahdam India, established in 2014 and headquartered in New Delhi, is a specialty tea company that produces and sells a diverse range of premium teas globally. It offers black, white, green, oolong, chai, signature blends, and organic teas, along with curated gifts and assortments. Vahdam's unique business model involves sourcing teas directly from Indian plantations and shipping them fresh to customers worldwide, eliminating middlemen and ensuring superior quality. The company also operates an online platform for direct sales to consumers.

Vahdam India

Series A in 2017
Vahdam India, established in 2014 and headquartered in New Delhi, is a specialty tea company that produces and sells a diverse range of premium teas globally. It offers black, white, green, oolong, chai, signature blends, and organic teas, along with curated gifts and assortments. Vahdam's unique business model involves sourcing teas directly from Indian plantations and shipping them fresh to customers worldwide, eliminating middlemen and ensuring superior quality. The company also operates an online platform for direct sales to consumers.

The Parfait

Seed Round in 2017
The Parfait Co is a Mumbai-based dessert manufacturer founded by Sharmeen Indorewala in October 2014. Specializing in French-style parfaits, the company offers a diverse menu featuring twelve flavors, including chocolate, strawberry, blueberry, pomegranate, and tangerine. The Parfait Co operates an online marketplace that allows consumers to conveniently purchase these frozen desserts, which are crafted from whipped cream, eggs, and fruit. By providing a single platform for various parfait options, the company aims to enhance the accessibility and enjoyment of this classic French treat.

Vahdam India

Angel Round in 2017
Vahdam India, established in 2014 and headquartered in New Delhi, is a specialty tea company that produces and sells a diverse range of premium teas globally. It offers black, white, green, oolong, chai, signature blends, and organic teas, along with curated gifts and assortments. Vahdam's unique business model involves sourcing teas directly from Indian plantations and shipping them fresh to customers worldwide, eliminating middlemen and ensuring superior quality. The company also operates an online platform for direct sales to consumers.
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