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 Tourism

goStops

Series A in 2025
goStops is a brand of youth hostels in India focused on providing affordable and quality accommodations for young travelers. The company operates and manages hostels designed to foster social interaction and community living, featuring amenities such as air-conditioned dorms, private rooms, and recreational facilities like mini theaters and games. By emphasizing a blend of comfort and experience, goStops aims to make travel accessible and enjoyable for the youth, offering a vibrant atmosphere that encourages connection among guests.

goStops

Convertible Note in 2021
goStops is a brand of youth hostels in India focused on providing affordable and quality accommodations for young travelers. The company operates and manages hostels designed to foster social interaction and community living, featuring amenities such as air-conditioned dorms, private rooms, and recreational facilities like mini theaters and games. By emphasizing a blend of comfort and experience, goStops aims to make travel accessible and enjoyable for the youth, offering a vibrant atmosphere that encourages connection among guests.

goStops

Seed Round in 2021
goStops is a brand of youth hostels in India focused on providing affordable and quality accommodations for young travelers. The company operates and manages hostels designed to foster social interaction and community living, featuring amenities such as air-conditioned dorms, private rooms, and recreational facilities like mini theaters and games. By emphasizing a blend of comfort and experience, goStops aims to make travel accessible and enjoyable for the youth, offering a vibrant atmosphere that encourages connection among guests.

B:Live

Seed Round in 2021
B:Live is a transportation company based in Panaji, India, that specializes in e-bike tourism. Founded in 2017, it offers guided tours on electric cycles, allowing tourists to explore various aspects of local culture and heritage. With operations in over ten locations across India, B:Live provides curated experiences focused on food, nature, adventure, shopping, and cultural exploration. The company aims to redefine sustainable tourism by offering an eco-friendly alternative to traditional sightseeing, as each ride limits carbon emissions significantly. Their unique electric bikes are designed for ease of use, making them accessible to people of all ages. B:Live seeks to enhance travel experiences by promoting offbeat local adventures that contribute to a more sustainable and enjoyable way of exploring new destinations.

B:Live

Debt Financing in 2021
B:Live is a transportation company based in Panaji, India, that specializes in e-bike tourism. Founded in 2017, it offers guided tours on electric cycles, allowing tourists to explore various aspects of local culture and heritage. With operations in over ten locations across India, B:Live provides curated experiences focused on food, nature, adventure, shopping, and cultural exploration. The company aims to redefine sustainable tourism by offering an eco-friendly alternative to traditional sightseeing, as each ride limits carbon emissions significantly. Their unique electric bikes are designed for ease of use, making them accessible to people of all ages. B:Live seeks to enhance travel experiences by promoting offbeat local adventures that contribute to a more sustainable and enjoyable way of exploring new destinations.

B:Live

Seed Round in 2020
B:Live is a transportation company based in Panaji, India, that specializes in e-bike tourism. Founded in 2017, it offers guided tours on electric cycles, allowing tourists to explore various aspects of local culture and heritage. With operations in over ten locations across India, B:Live provides curated experiences focused on food, nature, adventure, shopping, and cultural exploration. The company aims to redefine sustainable tourism by offering an eco-friendly alternative to traditional sightseeing, as each ride limits carbon emissions significantly. Their unique electric bikes are designed for ease of use, making them accessible to people of all ages. B:Live seeks to enhance travel experiences by promoting offbeat local adventures that contribute to a more sustainable and enjoyable way of exploring new destinations.

AudioCompass

Venture Round in 2019
AudioCompass is a company that has developed a personal tour guide application aimed at transforming smartphones into individualized travel companions. The app offers do-it-yourself audio-guided experiences, allowing travelers to explore neighborhoods, cities, monuments, and museums through curated stories told by local experts. This innovative approach addresses common frustrations faced by tourists, such as relying on guidebooks or hurried tours that diminish the travel experience. By leveraging the knowledge of locals, AudioCompass enables users to engage more deeply with their surroundings and enjoy their trips to the fullest, ensuring a richer and more informative journey.

Rizort

Seed Round in 2018
Rizort, Inc. is a luxury vacation marketplace that specializes in developing an augmented and virtual reality platform aimed at enhancing the travel planning and booking experience. Established in 2016 and based in California, the company focuses on providing a unique service that allows travelers to create and personalize their own luxury vacations. Rizort's platform enables users to explore destinations through immersive narratives, facilitating a deeper connection with their travel choices. The company offers both the flexibility for travelers to curate their own trips and access to carefully tailored vacation packages, fulfilling the desires of luxury-seeking guests in an innovative manner.

WAH Holidays

Seed Round in 2013
WAH Holidays Private Limited, founded in 2011 and based in New Delhi, India, specializes in providing a variety of holiday packages for travelers. The company offers an online platform where users can research, plan, and book trips to both popular and off-beat destinations, including options for honeymooners, families, and adventure seekers. Customers have the flexibility to customize their travel itineraries or select from pre-designed packages. Additionally, WAH Holidays connects users with local agents and experts who assist with coordination, advice, and booking, ensuring a tailored travel experience.
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