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 FMCG

Gramiyaa

Seed Round in 2025
Gramiyaa is a food production company that specializes in the manufacturing and distribution of cold-pressed, preservative-free edible oils. They focus on producing healthier alternatives to mass-produced oils by using a cold-pressing process that retains the natural flavors and nutrients of the ingredients. Gramiyaa sources food-grade seeds from southern farms to produce a variety of oils, including sesame and coconut, as well as A2 ghee. Their products are designed to provide consumers with better quality oil at affordable prices.

Gramiyaa

Debt Financing in 2024
Gramiyaa is a food production company that specializes in the manufacturing and distribution of cold-pressed, preservative-free edible oils. They focus on producing healthier alternatives to mass-produced oils by using a cold-pressing process that retains the natural flavors and nutrients of the ingredients. Gramiyaa sources food-grade seeds from southern farms to produce a variety of oils, including sesame and coconut, as well as A2 ghee. Their products are designed to provide consumers with better quality oil at affordable prices.

Gramiyaa

Seed Round in 2024
Gramiyaa is a food production company that specializes in the manufacturing and distribution of cold-pressed, preservative-free edible oils. They focus on producing healthier alternatives to mass-produced oils by using a cold-pressing process that retains the natural flavors and nutrients of the ingredients. Gramiyaa sources food-grade seeds from southern farms to produce a variety of oils, including sesame and coconut, as well as A2 ghee. Their products are designed to provide consumers with better quality oil at affordable prices.

WickedGud

Seed Round in 2022
WickedGud is to make eating guilt-free, and change the way the world consumes comfort foods for the better by using indigenous, high nutrition ingredients. WickedGud is an online store that offers nutritious snacks from pizza to noodles. It creates a habitual indulgence made from nutrition-rich ingredients that are plant-based and have no preservatives. WickedGud bridges the gap between tasty junk food and boring healthy food. It has no artificial colours, pro prortein and nutritious.

The Eat Better Company

Seed Round in 2022
The Eat Better Company is a nutrition-focused brand that provides a range of healthy organic snacks aimed at health-conscious consumers. The company specializes in offering natural, vegan, and gluten-free snack options, including products such as vanilla and cacao laddoos, spicy jaggery, and various curated snack boxes. Their offerings include wellness boxes, gift boxes, trail mix jars, and sample boxes, allowing customers to choose from a diverse array of snacks without compromising their health. By prioritizing quality ingredients and catering to various dietary preferences, The Eat Better Company aims to promote healthier eating habits through convenient and enjoyable snack choices.

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.

Fric Bergen

Venture Round in 2018
Fric Bergen is a professionally managed enterprise specializing in the manufacturing of processed food products under the brand name "FRIC BERGEN." The company offers a diverse range of items, including jams, ketchups, sauces, dips, mayonnaise, salad dressings, and honey-based teas. Fric Bergen focuses on delivering quality and excellence, ensuring that its products enhance the flavor of various dishes and beverages. The company's commitment to continuous improvement reflects its dedication to customer satisfaction and ongoing success in the food industry.

Snackible

Seed Round in 2018
Snackible is a health-food production company that specializes in offering a variety of healthy snacks through both online and offline channels. The company provides an extensive range of products that cater to diverse dietary preferences, including sweet and savory options, as well as snacks that are low in calories, high in fiber, high in protein, gluten-free, and lactose-free. By focusing on health-conscious consumers, Snackible aims to deliver convenient and nutritious snacking alternatives directly to customers' doorsteps.

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.

FRSH

Seed Round in 2015
FRSH is an on-demand meal delivery service that focuses on providing fresh and healthy food options to consumers. The company operates through a user-friendly online platform, allowing customers to place orders quickly and conveniently. FRSH offers a diverse menu that includes sandwiches, salads, and beverages, promoting a healthier alternative to traditional fast food. Deliveries are scheduled in 45 to 60-minute intervals, ensuring timely service to meet customer needs. By prioritizing fresh ingredients and a flexible ordering system, FRSH aims to make nutritious meals easily accessible to a wide audience.

JoyByNature

Angel Round in 2015
JoyByNature is an online retail store based in New Delhi, India, specializing in natural and organic products. Since its founding in 2013, the company has established partnerships with over 300 vendors nationwide, with more than 65 percent of orders coming from regions outside North India. JoyByNature offers a diverse range of over 8,000 products across multiple categories, including home care, apparel, groceries, baby care, and cosmetics. The company aims to make healthy and natural products easily accessible to consumers by delivering them directly to their homes. Through its e-commerce platform, JoyByNature provides an option for customers to purchase a variety of health-focused organic products, supporting their commitment to promoting a natural lifestyle.

Algorhythm Tech

Venture Round in 2010
Algorhythm Tech Pvt. Ltd., based in Pune, India, specializes in designing and developing supply chain management solutions tailored for various industries, including FMCG, pharmaceuticals, steel, automotive, and telecom. Established in 1999, the company offers a comprehensive suite of products known as rhythm 2.0, which is AI-enabled and cloud-ready. This platform includes multiple tools aimed at addressing challenges in manufacturing, supply chain, and sales and distribution processes. Algorhythm Tech focuses on enhancing operational efficiency by enabling faster replanning and rescheduling, thereby optimizing inventory deployment and reducing manufacturing and distribution lead times.
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