Entrepreneurs strive to realise the true potential of their business ideas and change the way things work. Startup companies lack two things, the capital required and the challenges from the bigger players. A strong backer is needed during this initial period and that’s where the angel investors come in.
Angel investors are typically the people who have passed similar phases in their life and they know it only takes an idea to for, a billion dollar company. They have the deep pocket and trust others in the latter’s plans. They not only provide the capital required but sometimes the guidance as well, to turn the new idea into a successful company.
We bring to you the two top angel investors Indian start-ups have benefited from, lately
Sunil Kalra started his life as an exporter and later set up a leather garment manufacturing unit which gave him the chance to work with global leaders. He is a member of the Indian Angel Network and works as an independent angel investor who has contributed significantly to micro-finance and analytic. However, his favourite remains the online ventures and in 2014, he has invested in no less than 12 startup companies including TargetingMantra, Innoveda, Instamojo, HashCube, CultureAlley, Aurality, Frrole, AdPushup, Mobilewalla, Druva, Sapience, Jigsee, Airwoot, Crayon Data and Wishberry.
He is a graduate of marketing and International Trade from University of Texas
He was the CEO of Yahoo India R&D and he handled key responsibilities like emerging market engineering and other global Yahoo products. Then he started his own BrandSigma and leaned towards funding startups. He is fond of technological products and often actively monitor the startups he funds. He was also the chairman of NASSCOM product forum and is a partner in iSpirit Think-tank. He is often a guest speaker on several industry meets.
He has funded many start-ups including Frrole, HashCube, Mobilewalla, Druva Software, Vayavya Labs, Kwench Library Solution, Unbxd, Aurus Network Infotech Pvt. Ltd, Consure Medical and others.
He is a qualified electronics engineer from the reputed Delhi College of Engineering in 1986.