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Chandigarh Angels Network: A Chandigarh-Based Angel Investor Group

Chandigarh Angels Network is a Chandigarh-based angel investor group launched in 2015 to fund founders outside India's major startup hubs. Members evaluate early revenue and idea-stage startups together across ecommerce, enterprise tech, health tech, edtech, and fintech. The network has grown to a portfolio of 43 companies, including Biryani By Kilo, Freed, goSTOPS, and Leegality.

Overview

Chandigarh Angels Network is an angel investor network based in Chandigarh. The group launched in 2015 to support founders outside India's major startup hubs. It brings together affluent entrepreneurs who collectively fund and mentor startups. Munish Jauhar has served as a director at the network, alongside member Bobby Garg. The network was built on the belief that a startup's survival should not depend on its location.

Investment Focus and Stage

Chandigarh Angels Network evaluates early revenue and idea-stage startups. Members meet regularly to review pitches and decide on investments together. The group focuses on ecommerce, enterprise tech, health tech, edtech, and fintech. It also invests across a wide range of additional sectors. The network prioritizes funding, mentoring, and networking support alongside capital.

Fund Size and Portfolio

Chandigarh Angels Network has grown to a portfolio of 43 companies. More than 530 investors have co-invested alongside the network over the years. Biryani By Kilo, Freed, goSTOPS, and Leegality all count among its confirmed investments. Beat22, TSAW, and Barneys Hard Seltzer also sit within its wider portfolio. The network does not appear to operate as a single, traditionally structured venture fund.

Leadership

Munish Jauhar has served as director at Chandigarh Angels Network. He also founded GrayCell Ventures, a separate seed-stage investment initiative. Bobby Garg appears as a consistently active, senior member of the network. Other prominent members include Alok Ramsisaria, Vineet Khurana, and Nitika Mishra Khurana. The network operates through this broader group rather than a single founder structure.

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Chandigarh Angels Network: A Chandigarh-Based Angel Investor Group | MerchantBanker