India’s capital, Delhi, is located in the country’s northernmost metropolitan area. Old Delhi is a historic neighborhood that dates back to the 1600s. It contains the iconic Mughal-era Red Fort and the sprawling Jama Masjid Mosque, which can accommodate 25,000 people. Chandni Chowk is located nearby. It’s a lively bazaar with food carts, sweets shops, and spice stalls.
SL Delhi Angels is the division of SL Angels that invests in Delhi based Startups. Angel Investors from New Delhi and nearby regions meet regularly in different chapters for Angel Investors to collaborate, discuss, co-invest and mentor the startups.
What is the mission and vision of the startup policy?
According to the government, the vision is for Delhi to become a “Global Innovation hub and the most desired destination for Startups by 2030”. This will be achieved by creating an “enabling environment for innovation-based economy” and encouraging entrepreneurial spirit through a strong support mechanism. The government will “encourage and facilitate” 15,000 startups to achieve this goal by 2030.
How many startups will there be in Delhi in 2022?
In the past decade, India has been gripped by startup fever. This has inspired professionals to start their businesses and leave the safety net of a job. According to a survey, India is now the third-largest startup ecosystem in the world, after China and the United States.
Over the past six years, India has significantly increased newly recognized startups. From just 733 in 2016-17 to more than 14,000 by 2021-22. India currently has 83 unicorns. Most of them are in the service sector and have a value of $277.7 million. India boasted 44 businesses that exceeded the $1 billion mark in revenue last year.
According to the Economic Survey 2021-22, Delhi is India’s new startup capital. According to data, Delhi saw more than 5000 new companies register between April 2019 & December 2021.
What are the most active angel investors in Delhi NCR?
India’s booming startup scene is centered on angel investors. They are instrumental in helping startups take the first steps on their journey. Angel investors are entrepreneurs, so they know the challenges and obstacles budding entrepreneurs face.
Rajan Anandan
Sequoia Capital’s Managing Director is Rajan Anandan. With investments in more than 50 ventures, he is well-known in India’s growing startup sector. This serial investor has extensive experience in startups across various technology sectors, including SaaS and consumer internet, big data analytics, healthcare, cloud computing, and digital media.
Vijay Shekhar Sharma
Vijay Shekhar Sharma is the founder and CEO of Paytm, India’s largest digital payments company. He has vast experience in the Indian startup environment and has assisted many Indian startups on their journey.
Sunil Kalra
Sunil Kalra, Managing Director of Via Projects Pvt Ltd, and Venture Partner at Stride Ventures is Sunil Kalra. He is an independent angel investor through the Indian Angel Network.
Ritesh Malik
Ritesh Malik, the co-founder and managing director of Innov8, is a startup that provides coworking spaces. After working at the Ganga Ram Hospital, he is a doctor by trade. He then embarked on his entrepreneurial journey. He is an active angel investor, as well as his entrepreneurial journey.
Kunal Bahl
Snapdeal is an Indian ecommerce startup. Kunal Bahl was the co-founder and CEO. He graduated from the prestigious Wharton School of Pennsylvania. He is an active investor in Indian startup ecosystems and helps them succeed.