Phanindra Sama logo

Phanindra Sama

Asia, Karnataka, India, Bengaluru

Description

Phanindra Sama is a highly respected figure in the Indian startup ecosystem, primarily known as the visionary founder and former CEO of redBus, India's pioneering online bus ticketing platform. His entrepreneurial journey reached a significant milestone with the acquisition of redBus by the Ibibo Group (part of Naspers) in 2013 for an estimated $100 million. This successful exit not only validated his business acumen but also established him as a key contributor to India's burgeoning internet economy, paving the way for his transition into angel investing.

Following his entrepreneurial success, Sama emerged as a prolific angel investor, leveraging his deep operational experience and strategic insights to mentor and fund early-stage startups. He is known for his hands-on approach, often providing guidance on product development, market strategy, and scaling operations. His investment philosophy is rooted in identifying strong founding teams with disruptive ideas that address large, underserved markets, particularly those that can achieve significant scale and impact.

Sama's extensive angel portfolio spans diverse sectors, including ed-tech, logistics, mobility, and B2B SaaS. Notable investments include early-stage backing for companies like Unacademy, a leading online learning platform, and Porter, a prominent logistics marketplace. He has made over 50 angel investments, demonstrating his commitment to fostering the next generation of Indian entrepreneurs. His typical first check sizes for early-stage investments generally range from approximately $50,000 to $500,000, focusing on seed and pre-Series A rounds.

In addition to his direct investments, Sama also serves as an Advisor to WestBridge Capital, a prominent private equity firm with a strong focus on the Indian market. This role further solidifies his influence within the broader investment landscape, allowing him to contribute to larger-scale investment decisions while maintaining his active angel investment portfolio. His journey from a successful founder to a strategic investor and advisor makes him a highly sought-after partner for emerging companies in India.

Investor Profile

Phanindra Sama has backed more than 23 startups, with 3 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Angel, Pre Seed rounds (top funding stages).
  • Majority of deals are located in India, United States.
  • Strong thematic focus on Education, Health Care, Software.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (78%)
  • Angel (13%)
  • Pre Seed (9%)

Country Focus

  • India (78%)
  • United States (17%)

Industry Focus

  • Education
  • Health Care
  • Software
  • E-learning
  • Marketing
  • Internet
  • Saas
  • Wellness
  • Information Technology
  • E-commerce
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Phanindra Sama frequently co-invest with?

First Cheque
Asia, Maharashtra, India, Mumbai
Co-Investments: 1
Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Whiteboard Capital
Asia, Maharashtra, India, Mumbai
Co-Investments: 1
Better Capital
North America, California, United States, Santa Clara
Co-Investments: 2
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 2
Simile Venture Partners
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 1
Stanford Angels and Entrepreneurs
North America, California, United States, Stanford
Co-Investments: 1
AAFM
North America, New York, United States, New York
Co-Investments: 1
LetsVenture
Asia, Karnataka, India, Bengaluru
Co-Investments: 3

Which angels does Phanindra Sama often collaborate with?

Aprameya Radhakrishna
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Roman Saini
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Aakrit Vaish
Asia, Maharashtra, India, Mumbai
Shared Deals: 4
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 7
Hemesh Singh
Asia, Karnataka, India, Bangalore
Shared Deals: 2
Gaurav Munjal
Asia, India
Shared Deals: 5
Sujeet Kumar
Asia, Delhi, India, New Delhi
Shared Deals: 2
GM
North America, California, United States, Burlingame
Shared Deals: 3
Anupam Mittal
Asia, Maharashtra, India, Mumbai
Shared Deals: 3
Raveen Sastry
Asia, Karnataka, India, Bengaluru
Shared Deals: 2

What are some of recent deals done by Phanindra Sama?

Chai Bisket

Hyderabad, Andhra Pradesh, India

Chai Bisket is a media and entertainment company that specializes in film, news, and entertainment media.

FilmMedia and EntertainmentNewsPublishing
SeedJul 9, 2025
Amount Raised: $4,900,316

Eyewear designed& labs is a eyewear startup.

Eyewear
SeedJun 18, 2025
Amount Raised: $2,200,000
Kraftshala

New Delhi, Delhi, India

Kraftshala is a online skilling platform for non-coding domains.

EdTechEducationHigher Education
SeedMar 20, 2025
Billion Hearts

Bangalore, Karnataka, India

Billion Hearts is a company that creates simple digital consumer products for the global market.

Digital MarketingInternetSoftware
Pre SeedSep 18, 2024
Amount Raised: $250,000
Punt Partners

Mumbai, Maharashtra, India

Punt Partners is a company that provides marketing technology services.

Information ServicesInternetMarketing
AngelDec 18, 2022
Jovian

Bengaluru, Karnataka, India

Jovian is a learning platform software development and data science.

E-LearningEducationMOOC
SeedMay 24, 2022
Amount Raised: $1,548,806
Bytebeam

Bangalore, Karnataka, India

Bytebeam is an IoT platform providing solutions such as over the air updates, device to mobile sync, data visualization, and alerting.

Internet of Things
SeedMay 12, 2022
Amount Raised: $3,000,000
Futwork

Mumbai, Maharashtra, India

Futwork helps students in India get micro-jobs to add to their pocket money

MarketingVirtual Workforce
SeedApr 5, 2022
Amount Raised: $1,000,000
Stoa

Bangalore, Karnataka, India

India's best alternative to an MBA

E-LearningEducation
SeedOct 27, 2021
Amount Raised: $1,465,925
Eka.Care

Bangalore, Karnataka, India

Eka.Care is a digitally enabled and connected healthcare ecosystem focused on better health outcomes.

Health CareInformation TechnologyMedical
SeedJul 19, 2021
Amount Raised: $4,500,000