Angel fund (Cat I) · Curated list
Lead Angels Network (now Lead Invest)
Pre-IPO / Late stage · IT / SaaS / Enterprise Software · Mumbai
At a glance
- Stage focus
- Pre-IPO / Late stage
- Primary sector
- IT / SaaS / Enterprise Software
- City
- Mumbai
- HQ / office
- 1st Floor, A 102, Neelam Centre, SK Ahire Marg, Worli, Mumbai, Maharashtra 400030, India
- Fund registered
- 2014
- Investments on record
- 8
- Corpus (as reported)
- Not publicly disclosed as a single AUM figure. Operates a SEBI-registered Cat-1 AIF (Lead Angels Fund, IN/AIF1/21-22/0936, managed by SVAAS Management Services Pvt. Ltd.). ~100 portfolio companies; reported historical IRR ~34% (2025).
- Profile ↗
About
Lead Angels (rebranded to "Lead Invest" on 28 Feb 2025) is described as one of India's first privately owned angel networks, founded circa 2014-15 by a team originally from IIT Bombay. It is led by Founder and CEO Sushanto Mitra (first CEO of SINE, IIT Bombay's incubator). It runs angel deals plus a SEBI-registered Cat-1 AIF (Lead Invest nxtgen, managed by SVAAS Management Services Pvt. Ltd.) and a pre-IPO/unlisted-share vertical (Lead Pre-IPO), with chapters in Mumbai, Delhi, Ahmedabad, Bangalore and Hyderabad.
Investment focus
Seed / early-to-growth stage angel investing plus pre-IPO unlisted shares; diversified sectors incl. enterprise tech, fintech, e-commerce, consumer services, travel tech, spacetech.
SEBI registration
Not a SEBI AIF / offshore — reported as “Angel network”
SIDBI Fund of Funds
None found
Notable portfolio
Dhruva Space; PlanetSpark; ShopKirana; Skye Air Mobility; Supr Daily; Go Desi; Snapmint; Ockypocky
Team & organisation
Approx 44 employees on LinkedIn (company size band 11-50); core leadership incl. Sushanto Mitra (CEO), Sunil Gupta, Faisal Farooqui, Mohit Gupta
Lead Angels Fund — SEBI Category I AIF (Angel Fund, reg. IN/AIF1/21-22/0936), managed by SVAAS Management Services Pvt Ltd; angel network with chapters in Mumbai, Delhi, Ahmedabad, Bangalore, Hyderabad
Connect through iHub India
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Frequently asked
- What does Lead Angels Network (now Lead Invest) invest in?
- Seed / early-to-growth stage angel investing plus pre-IPO unlisted shares; diversified sectors incl. enterprise tech, fintech, e-commerce, consumer services, travel tech, spacetech.
- How do I pitch Lead Angels Network (now Lead Invest) through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ REBRAND: "Lead Angels Network" rebranded to "Lead Invest" (28 Feb 2025); current official site is leadinvest.in (old leadangels.in domain largely superseded). Firm has expanded beyond pure angel/early-stage into pre-IPO/unlisted shares and a Cat-1 AIF (partly later-stage, but core remains early-stage angel). Private firm (not government/DFI). No fraud or name-collision concerns identified. Minor: founding year cited variously as 2014 vs ~2015 in firm's own materials.
Compiled from public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://leadinvest.in; https://in.linkedin.com/company/leadangels