# IAN Group

> IAN Group is a VC fund in New Delhi backing Health Care and Software. See 268 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New Delhi, India
- Total investments: 268
- Last investment: May 2026
- Lead investor: 59%
- Fund size: $117M
- Last fund: Oct 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/indian-angel-network/
- X (Twitter): http://twitter.com/ianetwork
- Website: http://www.indianangelnetwork.com
- Facebook: http://www.facebook.com/indianangelnetwork

IAN Group is a VC fund in New Delhi focused on Health Care and Software. Started in April 2006, the Indian Angel Network is a unique concept which brings together highly successful entrepreneurs and CEOs from India and around the world who are interested in investing in startup / early stage ventures which have the potential of creating disproportionate value.The Network, in addition to money, provide constantaccess to high quality mentoring, vast networks and inputs on strategy as well as execution. The Network members, because of their background are better able to assess the potential and risks at the early stage.

## Contacts

5 contacts available for IAN Group. Shizune tracks 16 team members at IAN Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/indian-angel-network?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $246k–$2M |
| Angel | $73k–$600k |
| Series A | $684k–$5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 23 | 9% |
| Software | 22 | 8% |
| E-Commerce | 21 | 8% |
| SaaS | 18 | 7% |
| Artificial Intelligence | 18 | 7% |

199 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 115 | 43% |
| Series A | 30 | 11% |
| Angel | 23 | 9% |
| Pre-Seed | 13 | 5% |
| Funding Round | 11 | 4% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 160 | 60% |
| United States | 8 | 3% |
| United Kingdom | 1 | 0% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Rajnish Kapur | Managing Partner ( IAN Fund ) | 12 | https://shizune.co/investors/profile/rajnish-kapur |
| Ajay Gupta | Investor | 7 | https://shizune.co/investors/profile/ajay-gupta-5 |
| Dave Banerjee | Director | 0 | https://shizune.co/investors/profile/dave-banerjee |
| Jayesh Parekh | Team Member | 12 | https://shizune.co/investors/profile/jayesh-parekh |
| Mohit Goyal | Management Committee | 2 | https://shizune.co/investors/profile/mohit-goyal |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Anscer Robotics | Anscer robots build autonomous cleaning robots that will clean all the mess humans have created to date from nuclear waste to picking up plastic bottles sailing in the ocean. Building robotics to keep the earth habitable for the future generation.Companies worldwide are back to business health, and safety regulations increase compliance risk foremployee and customer. Cleaning, sanitization, logistics, and surveillance require an extra workforce. It’s costly for businesses and challenges to recruit and retain custodial workers. Also, Increasing labor cost, sickness, absence, and turnover, making the business operate with overhead. Hiring More managers and staff for Monitoring and managing the existing staff is inefficient.Our solution is to improve the quality and efficiency by 2x, reducing overhead costs by 50% using our autonomous mobility robots. Monitoring and report generation is not a struggle anymore.WE CALL IT ANSCER PLATFORM: INDUSTRIAL GRADE ROBOTIC PLATFORM, RUGGED & RELIABLE ANSCER is built with industrial-grade components to withstand harsh indoor environments and move heavy payloads, including collaborative robotic arms with ease. ROS READY Programming complex applications is simple with the open-source Robot Operating System (ROS). ANSCER is supported in Gazebo Physics Simulator, RViz, and MovelT! Motion planner. EASY INTEGRATION ANSCER is designed for rapid integration with third-party sensors and manipulators - plug it in and go! Payloads are easily added with flexible mounting, accessible on-board power, and reconfigurable I/O. Mobile robot prototyping is fast and easy with ANSCER.FEATURES: 1) Point to Point Navigation 2) SLAM, LIDAR, Encoders & IMU 3) Machine Vision & AI 4) ROS Platform 5) Multi-Environment( Cross Platform Integration Machines, Elevators, and Enterprise Software)Technical spec: https://drive.google.com/file/d/1HVfEIJa3TgZsrF1-Eimbk6hkgbyJ8Nlk/viewAnscer platform video demo: https://drive.google.com/file/d/1WpzPkMorUcR4veZxxko35FlY7rsbY0TT/view | $4.6M | Series A | May 20, 2026 |  |
| The Sweet Change | The Sweet Change provides plant-based sweeteners from monk fruit and stevia as a zero-calorie alternative to sugar, free of bitter aftertaste. This 1:1 substitute fits keto, diabetic, and low-sugar lifestyles by avoiding blood sugar impacts and is ideal for cooking, baking, and drinks. A nutritionist's creation, it prioritizes pure ingredientsfor authentic sweetness and texture. | $73.1K | Angel | May 14, 2026 |  |
| WorkOnGrid | WorkOnGrid is an information technology and services company. It is specialized in data collection, data analytics, data visualization, reporting, digital transformation, artificial intelligence, and more. It is to help businesses adopt technology through products and services with a focus on enabling data-driven decisions. It is to create internalapplications that delight employees while helping them build data as a digital asset. | $2.4M | Venture - Series Unknown | Apr 07, 2026 |  |
| e-TRNL Energy | A revolutionary cell design and manufacturing concept that eliminates battery cell heating at the source, allowing us to realize the full potential of fast charging while avoiding cell degradation. | $3M | Seed | Feb 13, 2026 |  |
| D-propulse Aerospace | D-Propulse Aerospace is a deep-tech company that uses first-principles engineering to develop next-generation propulsion systems where mission success is determined by performance. | $2.7M | Seed | Jan 28, 2026 |  |
| Chargeup | Chargeup operates as a battery swapping network for e-rickshaws. | $2.4M | Venture - Series Unknown | Jan 22, 2026 |  |
| BatteryPool | BatteryPool offers battery charging solutions for EV fleets and commercial vehicles. | $895.4K | Seed | Nov 28, 2025 |  |
| Employlabs | Employlabs combines a built-in recruiting CRM so your team can fill roles faster, from first search to signed offer. | $300K | Seed | Oct 29, 2025 |  |
| Contrails AI | Contrails AI is an AI-powered trust and security company that provides a safer network by developing fraud detection, misinformation protection, and automated content moderation solutions | $1M | Pre-Seed | Oct 07, 2025 |  |
| Morphing Machines | Morphing Machines is on a mission to create an exciting new range of silicon-centric solutions for compute-intensive applications. Leveraging the path-breaking patent-pending REDEFINE Reconfigurable Massively Parallel Processor SoC platform technology, a variety of high-performance silicon solutions for various application domains have beendeveloped at Morphing Machines in the areas of cryptography, data security, avionics, high-definition image and video processing, numerical computation, neural networks and deep learning, and other areas.REDEFINE based solutions deliver a unique combination of high performance and flexibility not available from other technologies offered by global players. REDEFINE technology enables ASIC-like high performance at an affordable NRE cost for a much wider range of compute-intensive applications than has ever been possible before. Advanced compiler toolchain and runtime software support is an integral part of the REDEFINE offerings. | $4.3M | Series A | Oct 06, 2025 |  |

10 of 268 investments shown.

## Co-investors
- [IAN Angel Fund](https://shizune.co/investors/profile/ian-fund-ba3d) — VC Fund, 27 deals together
- [LVX Ventures](https://shizune.co/investors/profile/letsventure) — VC Fund, 22 deals together
- [Mumbai Angels](https://shizune.co/investors/profile/mumbai-angels) — VC Fund, 15 deals together
- [Lead Invest](https://shizune.co/investors/profile/lead-angels) — VC Fund, 13 deals together
- [The Chennai Angels](https://shizune.co/investors/profile/the-chennai-angels) — VC Fund, 13 deals together
- [Native Angels Network](https://shizune.co/investors/profile/native-angels-network) — VC Fund, 8 deals together

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## FAQ

### What does IAN Group invest in?

IAN Group invests primarily in Health Care, Software and E-Commerce startups, most often at Seed and Series A stage. Most of the 268 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is IAN Group's check size?

IAN Group typically joins rounds of $246k–$2M at Seed, $73k–$600k at Angel and $684k–$5M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds IAN Group participates in.

### How do I contact IAN Group?

Public channels for IAN Group include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at IAN Group?

The team at IAN Group includes Rajnish Kapur (Managing Partner ( IAN Fund )), Ajay Gupta (Investor) and Dave Banerjee (Director), among 16 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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