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§ Venture Capital · Jaipur, Rajasthan, India
SEBI-registered AIF investing in early-stage Indian startups, connecting investors with ventures, part of Hem Securities Ltd.
Key people at HEM Angels.
HEM Angels is India's fastest-growing angel network and a SEBI-registered Category I Alternative Investment Fund (AIF) based in Mumbai, India, that invests in early-stage startups. Launched by Hem Securities Ltd., it operates as an AIF raising funds from investors to deploy in high-potential ventures, forming a key part of a broader financial services group offering wealth creation, IPO advisory, and brokerage services. The network has completed 41 funding deals to date, including a notable Rs 20 crore Series A funding round for portfolio company Clensta in 2022, often targeting direct-to-consumer personal and home care products. Key individuals associated with the organization include Directors Gaurav Jain and Prateek Jain, alongside Hem Chand Jain, Founder Chairman of the parent Hem Group. HEM Angels was established in 1993, building on the foundation of the Hem Group, which Hem Chand Jain founded in 1981.
Key people at HEM Angels.
HEM Angels has 7 tracked investments across 7 companies. The latest tracked deal is $3.0M Other Equity in Garuda Aerospace in December 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 28, 2023 | Garuda Aerospace | $3.0M Other Equity | Venture Catalysts, WE Founder Circle | Peaceful Progress Funds, SAN Angels |
| Dec 22, 2023 | Twyn | $1.3M Pre-Series A | Rishit Parikh, Jito Angel Network | Beej Network, Bestvantage Investments |
| Feb 16, 2022 | HealthySure | $1.2M Pre-Series A | Mitesh Shah | Campus Fund, Tushar Agrawal, WE Founder Circle |
| Dec 14, 2021 | Klassroom Edutech | $300K Pre-Series A | AH! Ventures | Meteor Ventures, Startup Angels Network, Startuplanes |
| Oct 25, 2021 | BankSathi | $530K Seed | HEM Angels | Aditya, Anuj Ahuja, Dinesh Godara, Rajendra Lora |
| Jan 1, 2021 | Nutrizoe | $200K Seed | — | Priya Gandhi, Sorabh Agarwal, Mona Singh, Meera Reddy |
| Sep 29, 2020 | LEO1 | $3.0M Pre-Series A | Shridhar Modi | AAR EM Ventures, Angelbay, Danube, Jito Angel Network |