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Utsav Somani

Asia, Delhi, India

Description

Utsav Somani is a highly influential early-stage investor and a key figure in India's venture capital ecosystem, primarily recognized for his role as a Co-founder and Partner at AngelList India. He is known for his keen eye for disruptive technologies and his commitment to backing passionate founders who are poised to challenge existing markets. Somani's investment philosophy centers on identifying companies with tremendous future potential, particularly those leveraging innovative approaches to create new categories or significantly disrupt established ones.

His investment focus spans a diverse range of high-growth sectors, including fintech, SaaS, consumer technology, and the burgeoning Web3 and crypto space. Somani typically engages with startups at the pre-seed, seed, and early Series A stages, providing crucial capital and strategic guidance during their formative years. Through AngelList India, he has been instrumental in democratizing access to venture capital for Indian startups, facilitating significant capital deployment. For instance, AngelList India has helped deploy over $100 million in capital across more than 250 startups, showcasing the breadth of their investment activity.

Beyond capital, Somani is valued for his extensive network, which he leverages to connect founders with follow-on investors, strategic partners, and industry experts. His portfolio includes several notable success stories such as BharatPe, CoinDCX, Mensa Brands, and Slice, demonstrating a strong track record in identifying and nurturing future market leaders. As an active participant in the Indian startup scene, his typical first checks, often deployed through AngelList India's various funds and syndicates, generally range from $100,000 to $1 million, targeting companies with high-growth potential and strong execution capabilities. This strategic approach positions him as a crucial early backer for many of India's most promising ventures.

Investor Profile

Utsav Somani has backed more than 32 startups, with 3 new investments in the last 12 months alone. The firm has led 2 rounds, about 6% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Angel rounds (top funding stages).
  • Majority of deals are located in India, United States, Indonesia.
  • Strong thematic focus on Software, Health Care, FinTech.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (66%)
  • Series A (19%)
  • Angel (6%)
  • Pre Seed (3%)
  • Series B (3%)
  • Series Unknown (3%)

Country Focus

  • India (75%)
  • United States (16%)
  • Indonesia (3%)
  • Italy (3%)

Industry Focus

  • Software
  • Health Care
  • Fintech
  • Apps
  • Financial Services
  • Saas
  • Insurtech
  • Finance
  • Cryptocurrency
  • Media And Entertainment
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FAQ

Frequently Asked Questions

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

Who does Utsav Somani frequently co-invest with?

iSeed
Asia, Karnataka, India, Bangalore
Co-Investments: 9
peercheque
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Z47
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
Better Capital
North America, California, United States, Santa Clara
Co-Investments: 4
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Surge
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
Venture Catalysts
Asia, Maharashtra, India, Mumbai
Co-Investments: 3
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 5
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Village Global
North America, California, United States, Covina
Co-Investments: 3

Which angels does Utsav Somani often collaborate with?

AP
Europe, England, United Kingdom, London
Shared Deals: 2
Miten Sampat
Asia, Maharashtra, India, Mumbai
Shared Deals: 3
Rohit Bansal
Asia, Haryana, India, Gurgaon
Shared Deals: 3
Aakrit Vaish
Asia, Maharashtra, India, Mumbai
Shared Deals: 3
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 8
Gaurav Munjal
Asia, India
Shared Deals: 3
Kunal Bahl
Asia, Delhi, India, New Delhi
Shared Deals: 4
Sujeet Kumar
Asia, Delhi, India, New Delhi
Shared Deals: 3
Nitin Gupta
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Anand Chandrasekaran
Asia, Haryana, India, Gurgaon
Shared Deals: 3

What are some of recent deals done by Utsav Somani?

Grexa AI

Mumbai, Maharashtra, India

Marketing AI Platform for Small Businesses that Delivers Real Revenue

ConsultingCRMInformation TechnologySaaSSoftware
SeedJul 23, 2025
Amount Raised: $1,794,134

Eyewear designed& labs is a eyewear startup.

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

Chennai, Tamil Nadu, India

Cleevo offers products of cleaning with eco friendly, non toxic solutions to your home.

Home AppliancesManufacturingProduct DesignRetail
SeedMay 29, 2025
Amount Raised: $1,000,000
Covision Media

Brixen, Trentino-Alto Adige, Italy

Covision Media specializes in creating high-quality, relightable 3D models using their industrial 3D scanners.

3D Printing3D TechnologyDigital Media
SeedMar 31, 2025
Amount Raised: $5,406,873
OTPless

Delhi, Delhi, India

OTPless is a software company that develops SaaS products which enables users to log into various platforms using WhatsApp.

FinTechInsurTechSaaSSoftware
SeedMay 10, 2023
Amount Raised: $2,700,000
Vetic

Gurgaon, Haryana, India

Vetic is a network of cutting-edge clinics with an emphasis on providing comprehensive pet health care.

Health CarePetVeterinary
SeedNov 30, 2022
Amount Raised: $3,689,790
GroMo

Gurgaon, Haryana, India

GroMo is a financial product selling app which empowers every Indian to earn money by selling insurance, credit cards, savings accounts etc.

BankingCommercial InsuranceCredit CardsFinanceHealth InsuranceInsuranceInsurTechLife InsuranceMobile Apps
Series ASep 6, 2022
Amount Raised: $11,000,000
KoinX

Cuttack, Orissa, India

KoinX provides calculates and provides Tax reports.

CryptocurrencyTaxi Service
SeedJul 5, 2022
Amount Raised: $1,511,934
Coinshift

Wyoming, Michigan, United States

Coinshift builds a crypto treasury management platform for DAOs and companies.

CryptocurrencyFinanceFinTech
Series AMay 17, 2022
Amount Raised: $15,000,000
Revise

Norwalk, Connecticut, United States

Revise offers developers the ability to make their own NFTs interact with data feeds of their choice.

SecuritySoftwareVirtual Reality
SeedApr 29, 2022
Amount Raised: $3,500,000