Investor Research

Investor research and fundraising materials for AarogyaDost.

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Quick Navigation

Where to Start?

Are you looking to...

├── Talk to investors for feedback first?
│   └── Go to: [[operator-angels-detailed#Start Here (Week 1-2) - Most Accessible]]
│
├── Find health-tech specific angels?
│   └── Go to: [[operator-angels-detailed#Category A Healthcare Wellness Operators]]
│
├── Apply to angel networks?
│   └── Go to: [[angel-investors-india-healthtech#Tier 4 Angel Networks Syndicates]]
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├── Find lesser-known, accessible angels?
│   └── Go to: [[operator-angels-detailed#Category E Regional Operators Outside Bangalore Mumbai]]
│
└── Get non-dilutive funding first?
    └── Go to: [[grants/README]]

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Documents in This Directory

Document	What's Inside	When to Use
[[HOW-TO-USE]]	📖 START HERE - Complete guide to using this research	First time using investor research
[[founder-friendly-funds-research]]	Master research - All 40 funds, top 15 priorities, templates	Planning fundraising strategy
[[operator-angels-detailed]]	80+ operator-turned-investors with approach strategy	Angel round (smaller checks)
[[angel-investors-india-healthtech]]	Networks, famous angels, email templates	Broader angel list + networks
[[global-angels-us-uk-emerging-markets]]	US/UK angels investing in India	Global angel outreach
[[eximius-ventures]]	Active conversation with Eximius	Model for VC engagement
Individual fund profiles	40 detailed VC profiles	Research specific funds

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🚀 Quick Start

New to Fundraising?

1. Read [[HOW-TO-USE]] - Complete guide

2. Review [[founder-friendly-funds-research]] - See top 15 funds

3. Apply to [[100x-vc]] and [[pioneer-fund]] (direct applications)

Ready to Reach Out?

1. Check [[founder-friendly-funds-research#Top 15 Actionable Funds]]

2. Read individual fund profiles (e.g., [[better-capital]], [[titan-capital]])

3. Draft personalized outreach using templates in [[investor-outreach-emails]]

Looking for Specific Type?

• Health-tech specialists: [[healthquad]], [[chiratae-ventures]], [[kalaari-capital]]

• Founder-friendly: [[better-capital]], [[titan-capital]], [[stellaris-venture-partners]]

• Accelerators: [[sequoia-india-peak-xv]], [[accel-india]], [[techstars-bangalore]]

• Direct applications: [[100x-vc]], [[pioneer-fund]]

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Recommended Approach Order

Phase 1: Warm-Up Conversations (Week 1-2)

Goal: Get feedback, refine pitch, build confidence

Target 10 accessible operator-angels from [[operator-angels-detailed#Start Here Week 1-2 - Most Accessible]]:

• Richa Singh (YourDOST)

• Phanindra Sama (ex-RedBus)

• Tanmay Saksena (ex-1mg)

• Dhruv Suyamprakasam (iCliniq)

• Ankur Warikoo

• Sujayath Ali (ex-Voonik)

• Ashish Goel (ex-Urban Ladder)

• Aditi Gupta (Menstrupedia)

• Suresh Sambandam (Kissflow)

• Ishan Gupta (ex-Udacity)

Phase 2: Network Applications (Week 2-3)

Goal: Get into 2-3 angel networks

Apply to from [[angel-investors-india-healthtech#Tier 4 Angel Networks Syndicates]]:

• 100X.VC (standard ₹85L, iSAFE)

• Indian Angel Network

• Better Capital

Phase 3: Warm Intro Angels (Week 3-4)

Goal: Use connections from Phase 1

Target from [[operator-angels-detailed#Second Wave Week 3-4 - Need Warm Intro]]:

• Gaurav Agarwal (1mg)

• Ankit Nagori (CureFit)

• Vishal Gondal (GOQii)

• Nandan Reddy (Swiggy)

Phase 4: Big Names (After Traction)

Goal: Close round with marquee names

Save for when you have commits:

• Kunal Shah

• Prashant Tandon

• Nithin Kamath

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Angel Types Explained

Type	Who They Are	Pros	Cons
Healthcare Operators	Founders of health startups	Deep domain, warm intros to partners	May see competitive overlap
Consumer Operators	Built B2C companies	GTM, scaling, hiring help	Less health domain depth
Exited Founders	Sold companies, full-time investing	More bandwidth, active	Smaller networks sometimes
Regional Angels	Outside BLR/MUM	Less deal flow, more responsive	Smaller checks usually
NRI Angels	Global Indians	Large checks, global perspective	Timezone, less hands-on
Angel Networks	Organized syndicates	Larger rounds, due diligence	Slower, more formal process

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Funding Strategy

Non-Dilutive First (Recommended)

See [[grants/README]] for ₹9-100+ crore grant opportunities:

• Government: BIRAC, Startup India, Tamil Nadu grants

• Corporate: Google, AWS, NVIDIA credits

• Philanthropic: Gates Foundation, Tata Trusts

Dilutive (Equity)

1. Angels (Current focus) - ₹25L-2Cr checks

2. Pre-seed funds - Better Capital, 100X.VC, Titan Capital

3. Seed VCs - Sequoia Surge, Accel Atoms, Lightspeed India

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Target Raise

Parameter	Target
Round	Pre-seed / Angel
Amount	₹1-2 Cr ($120-250K)
Instrument	SAFE / Convertible Note
Use of funds	Product, early traction, team
Timeline	8-12 weeks

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Outreach Tracking

Create a spreadsheet with these columns:

• Name

• Category (Healthcare / Consumer / Network)

• Intro type (Cold / Warm / Network)

• Date contacted

• Response (Y/N)

• Meeting date

• Feedback notes

• Interest level (1-5)

• Follow-up date

• Committed (Y/N/Maybe)

• Amount

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Key Pitch Angles

Use these when reaching out:

Timing: 76Cr ABHA IDs exist but no consumer-friendly interface Privacy: User-owned data, unlike hospital/insurer solutions Market: ₹5.6B digital health, growing rapidly Longevity: Personal interest for health-conscious HNI angels

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Related

• [[grants/README]] - Non-dilutive funding options

• [[memo]] - Investment memo / vision doc

• [[competitors/strategic-insights]] - Competitive landscape