Interesting data points on angel group investments in India (for 2016).
Angel Investing In India
62% Increase in the amount of fund raised. (Rs. 1136.6mm was committed by angel groups in FY16).
Angel Investing In India : NCR > Bangalore
NCR took over Bangalore as a preferred destination for angel group investments. Angel group funding to startups outside the top three metro cities grew by 74%.
Angel Investing And Valuation Jump
Median pre money valuation was Rs. 100mm (10% increase over FY15).
Angel Investing In India : Sectoral Distribution
Majority of investment was into B2C startups - primarily in consumer internet, food and ecommerce, IT/ITES, marketing/advertising were the top sectors.
Follow on rounds / exits
54% of angel groups' portfolio companies raised follow on rounds of funding. Angel groups exited 18% of their investments.
Shutdowns / Exited.
Source : Innoven capital.