Mumbai Angels

Mumbai Angels is an angel stage investment firm founded in 2006 and based in Mumbai, India. The firm focuses on early-stage companies, providing them with the necessary support to grow and scale. It serves as a breeding ground for innovative businesses, acting as a bridge between entrepreneurs and larger corporations, as well as financial investors looking for incubated companies with potential for development. Through its investments, Mumbai Angels aims to foster entrepreneurship and contribute to the growth of the startup ecosystem in India.

Neha Aggarwal

Vice President, Investments

Veena Avadhanam

Director - New Investments

Shivangi Bubna

Executive Vice President, Investments

Prashant Choksey

Co-Founder

Nirav Choksi

Partner

Vishwamitra Hariharan

Partner

Chandni Jafri

CEO

Priyanka Joshi

Vice President

Kapil Kotnala

Vice President, Investments

Nandini Mansinghka

CEO and Managing Director

Prerna Nathani

Senior Associate, Investments

Past deals in HoReCa

goStops

Series A in 2025
goStops is a brand of youth hostels in India that focuses on providing affordable and engaging accommodation options for young travelers. The hostels are designed to foster a social and experiential environment, featuring quality beds, air-conditioned dormitories, and private rooms. In addition to comfortable lodging, goStops offers various amenities to enhance the stay experience, such as mini theaters, foosball tables, and pool tables. By leasing, managing, and franchising real estate assets, goStops aims to make quality travel and living spaces accessible to the youth, encouraging community living and interaction among guests.

Zomoz

Venture Round in 2024
Zomoz is a food and beverage company that specializes in producing fresh and hygienic momo recipes, along with a variety of related items such as dim sum and shumai. The company operates a short-service restaurant chain that combines traditional dining with modern convenience through a hybrid model of fast food outlets and cloud kitchens. Zomoz focuses on delivering hot, fresh, and delicious momos directly to customers, ensuring that all orders are spillproof for a hassle-free experience. By emphasizing authentic flavors and quality, Zomoz aims to provide a satisfying culinary experience to its patrons.

goStops

Convertible Note in 2021
goStops is a brand of youth hostels in India that focuses on providing affordable and engaging accommodation options for young travelers. The hostels are designed to foster a social and experiential environment, featuring quality beds, air-conditioned dormitories, and private rooms. In addition to comfortable lodging, goStops offers various amenities to enhance the stay experience, such as mini theaters, foosball tables, and pool tables. By leasing, managing, and franchising real estate assets, goStops aims to make quality travel and living spaces accessible to the youth, encouraging community living and interaction among guests.

goStops

Seed Round in 2021
goStops is a brand of youth hostels in India that focuses on providing affordable and engaging accommodation options for young travelers. The hostels are designed to foster a social and experiential environment, featuring quality beds, air-conditioned dormitories, and private rooms. In addition to comfortable lodging, goStops offers various amenities to enhance the stay experience, such as mini theaters, foosball tables, and pool tables. By leasing, managing, and franchising real estate assets, goStops aims to make quality travel and living spaces accessible to the youth, encouraging community living and interaction among guests.

Aker Foods

Seed Round in 2020
Aker Foods operates a dual-faceted business focused on the culinary sector. First, it serves as a media platform that shares recipes, cooking tips, and information on dining locations and regional tourism, catering to food enthusiasts and home cooks. In addition, Aker Foods has developed a supply chain platform aimed at enhancing the quality and reliability of ingredients for commercial kitchens and hotels. This platform employs end-to-end technology to facilitate the food value chain, ensuring that high-quality ingredients reach kitchens while utilizing machine learning algorithms to analyze demand. By procuring directly from farmers, Aker Foods helps restaurants and hotels eliminate middlemen, enabling them to purchase fresh produce directly, thereby improving both supply chain efficiency and ingredient quality.

TabSquare

Series B in 2018
TabSquare specializes in AI-powered solutions for the food and beverage industry, focusing on enhancing in-restaurant experiences through advanced consumer data analytics and deep learning algorithms. The company aims to improve profitability for restaurants by optimizing operations, increasing sales, and enhancing customer engagement. With a presence in Singapore and expanding reach in Australia, Malaysia, Indonesia, and Thailand, TabSquare operates 6,000 active terminals that serve over 12 million diners annually. The platform collects more than 30 million customer interaction data points each month, enabling restaurants to make informed decisions and improve service efficiency. Notable clients include prominent brands such as Minor Food Group, Sushi Tei, and Chili's, reflecting TabSquare's role as a market leader in leveraging technology to transform dining experiences.

Hotelogix

Venture Round in 2012
Hotelogix operates a cloud-based hotel property management platform designed for independent hotels, hotel chains, resorts, inns, and other mid-sized hospitality businesses. The platform offers a user-friendly interface that allows properties to manage bookings and operations efficiently, including front desk services, point of sale, and housekeeping. By providing a pay-as-you-go model, Hotelogix eliminates the need for significant upfront investments and infrastructure costs. Its system integrates with online booking networks and facilitates reservations, payments, and comprehensive reporting, supporting management in areas such as pricing, revenue, and guest reviews across multiple languages and currencies. The streamlined approach helps hotels enhance their operational efficiency and customer service.
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