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Indian VC

Atrium Angels: An ISB Alumni Fund Founded by Three Operators

Atrium Angels is a micro VC fund founded by Abhishek Nag, Umang Kumar, and Varun Laul in August 2021, backing pre-seed and seed startups with at least one Indian School of Business alumnus cofounder. The fund writes checks up to Rs 2 crore and counts 29 ISB alumni as limited partners. StockGro remains among its confirmed portfolio companies, and the fund now sits within a broader platform called Atrium.

Overview

Atrium Angels is a micro VC fund built by Indian School of Business alumni. Abhishek Nag, Umang Kumar, and Varun Laul launched it in August 2021. Nag worked as director of business development at Netflix. Kumar co-founded and served as president of CarDekho. Laul led digital and technology investments at Investcorp India. The fund backs startups with at least one ISB-alumnus cofounder.

Investment Focus and Stage

Atrium Angels focuses on pre-seed and seed-stage startups. It writes checks up to Rs 2 crore per company. The fund aimed to back 12 to 15 companies within its first 18 months. Twenty-nine ISB alumni back the fund as limited partners. That group includes Livspace cofounder Ramakant Sharma and boAt cofounder Aman Gupta.

Fund Size and Portfolio

Atrium Angels launched with an undisclosed fund size. Early investments included Goodmeetings, FanPlay, and StockGro. StockGro remains part of its confirmed portfolio today. The fund now sits within a broader platform called Atrium. That platform also includes Atrium Ventures and Consumer Collective as sister funds.

Leadership

Abhishek Nag, Umang Kumar, and Varun Laul founded Atrium Angels in 2021. Pranav Obhrai now serves as founding partner across the wider Atrium platform. He previously worked at Uber before moving into investing. His work today spans Atrium Angels, Atrium Ventures, and Consumer Collective. No public source found ties Nikita Dhingra to the fund.

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