# Calcutta Angels

Calcutta Angels is an Angel Network based in Kolkata, India.

## Overview

- **Organization type:** Angel Network
- **Headquarters:** Kolkata, India
- **Region:** Asia
- **Address:** South Block, 4th Floor, 11/1, Sarat Bose Road, Kolkata, West Bengal 700020, India
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** calcuttaangels.com
- **LinkedIn:** https://www.linkedin.com/company/calcutta-angels-network

## Regulatory record

- **Reports private funds:** No

## About

Calcutta Angels is a platform for entrepreneurs and investors in East India. It provides access to funding and mentorship for entrepreneurs and investment opportunities for investors. The platform has facilitated 15 investments and 2 portfolio exits.

## Sectors

- Enterprise Software
- FinTech
- Healthcare Services
- AgriTech & FoodTech
- Media & Entertainment

## People

- Raghav Kanoria — Co-Founder
- Pradyumna Dalmia — Co-Founder & Director
- Apurva Salarpuria — Co-Founder

## Questions

### Who makes investment decisions at Calcutta Angels?

Individual members retain full discretion over which deals they fund; Calcutta Angels is a network, not a pooled fund. The co-founders—Raghav Kanoria, Pradyumna Dalmia, and Apurva Salarpuria—lead the investment committee that screens and presents opportunities, but final check-writing rests with each angel. This structure mirrors the Indian Angel Network model rather than a traditional GP/LP venture fund.

### How is Calcutta Angels related to Mumbai Angels?

In 2018, the two networks entered an operating partnership to share deal flow, due-diligence resources, and investment best practices. Mumbai Angels brought a larger national footprint; Calcutta Angels contributed eastern-India origination and family-office relationships. They remain legally separate entities with distinct brand identities but operate with a unified pipeline and harmonized term sheets.

### What investment stages does Calcutta Angels target?

The network covers early-stage seed and startup rounds through to late-stage growth capital. Typical initial checks fall in the seed-to-Series-A range, with members occasionally following on in later rounds. Sector coverage is generalist, with an observed tilt toward enterprise software, fintech, and agritech.

### How does the Neoleap Accelerator connect to the network?

Neoleap Accelerator was founded separately by Raghav Kanoria and functions as a pre-investment funnel. Startups graduating from Neoleap often receive early review from Calcutta Angels members, effectively creating a pipeline that de-risks seed-stage sourcing. There is no automatic right to funding, but the accelerator's cohort companies are a recurring source of deal flow.

### How does Calcutta Angels source proprietary deal flow?

Sourcing relies on the networks of member families, ongoing partnerships with TiE Kolkata and the Bengal Chamber of Commerce, and the joint pipeline with Mumbai Angels. Eastern India's startup ecosystem is less crowded with institutional venture capital, giving the network a local origination advantage that coastal funds cannot easily replicate through screens alone.

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- [Caiying Zihua Investment](https://altss.com/profile/caiying-zihua-investment)
- [Calumet Venture Fund](https://altss.com/profile/calumet-venture-fund)

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Last updated: 2026-06-03T20:00:00.000Z

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