HEM Angels
203, Jaipur Tower, M.I. Road, Jaipur, Rajasthan, 302001, India
Overview
Hem Angels is an Angel funding platform which invests in new-age startup businesses. We invest in innovation-led, highly scalable businesses. We invest in Seed, Pre-Series & Series A stages, where we see product fit & Market fitment and back revenue-generating business. We are sector agnostic and invest with a cheque size of USD 100k to USD 10mn. Hem Angels network consists of SME CXO, UHNI, HNI investors & retail investors. Hem Angels is part of Hem Securities Ltd, which is India largest merchant banker in SME IPO segment.
- Total investments
- 12
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Financial Services
- FinTech
- Funding Platform
- Wealth Management
Investment portfolio
- Bharatsure
Participated · Equity · Jan 2024
Bharatsure offers an IaaS platform for insurance distributors, banks, agents, and licensed brokers to distribute group insurance and healthcare products and support embedded insurance use cases. The platform provides end-to-end assistance including partner sourcing, product pricing, payments, operations, and claims handling, with a strong emphasis on group health insurance. Bharatsure says it has partnered with over 500 organizations and impacted more than 150,000 lives, and aims to secure the rights of 1 crore Indians within the next two years. The company will use the new funds for marketing, team growth, and product development. Bharatsure was co-founded by Anuj Parekh and Sanil Basutkar in May 2021 and is based in Mumbai. Bharatsure is a group-insurance insurtech that provides a technology-first platform for distribution of tailored group benefits. It offers white-labelled dashboards and integrations with insurers, TPAs, healthcare providers, and HRMS systems to centralise operations. The platform’s pricing engine lets partners generate instant quotes from a range of insurers to improve sales efficiency and accuracy. Bharatsure targets licensed brokers, agents, banks, and institutions as channel partners and supplies customizable, partner-branded technology. The company says it aims to democratise group insurance across India and increase insurance penetration for millions without coverage. In 2022 it raised $1.2 million in capital investments and has launched India’s first flexi top-up insurance in collaboration with ManipalCigna Health Insurance.
- Garuda Aerospace
Participated · Equity · Dec 2023
Garuda Aerospace is India’s leading drone manufacturer and service provider, operating under a Drone-as-a-Service (DaaS) model that delivers affordable, precise, and reliable drone technology across multiple sectors. The company holds six approvals from the Directorate General of Civil Aviation (DGCA) and is the first Indian drone startup to earn dual DGCA certifications for both manufacturing and training. Through its DGCA-approved Remote Pilot Training Organization in Chennai and a network of more than 300 Centres of Excellence established with educational institutions, Garuda has already trained and certified over 2,500 drone pilots. It also runs a "Train the Trainer" initiative to expand the pool of qualified instructors, supporting the industry’s growing need for skilled operators. Garuda’s product line spans small and medium drones (under and over 25 kg MTOW) and emphasizes safety, compliance, and accessibility. Brand ambassador and investor Mahendra Singh Dhoni recently completed the company’s DGCA pilot certification, further validating its training platform. In its most recent financing, Garuda was valued at $250 million, underlining strong investor confidence in its growth trajectory.
- Twyn
Participated · Series A · Dec 2023
Twyn, founded by Avi Dahiye and based in Noida, builds phygital twins and high-fidelity digital twins for manufacturers. The company uses data from its digital twins to optimize inventory, human resources, and machinery in the physical world. Twyn serves industries including automotive, oil and gas, steel, pharmaceutical, FMCG, and smart cities. Notable clients include Uno Minda, P&G, HP, Samsung, Panasonic, and JBM Group. Twyn secured $1.25M in a pre-Series A funding round. The startup plans to use the proceeds to expand across Middle East and European steel, petrochemical, and automotive hubs and to bolster its leadership teams in India and Dubai.
- We360.ai
Led · Seed · Apr 2022
Founded in 2021, Bhopal-based We360.ai offers a cloud-based workforce analytics platform that tracks productivity, efficiency and skill gaps across enterprise teams. Its core product now features three AI agents—Clara for unbiased productivity reporting, Emily for skills analysis and up-skilling recommendations, and Ethan for talent planning and burnout detection. The company claims 100 % cash-positive operations and says its software is trusted by more than 6,000 companies and deployed to roughly 120,000 users in over 18 countries. Recognition includes consistent #1 rankings on G2 for 24 consecutive months, listings in Forbes’ Fastest Growing Companies, and selection to TiE Global’s Top 200 Emerging Companies. Recent accolades also note strong customer support and leadership awards. With fresh capital, management plans to accelerate development and global rollout of its AI agents while deepening penetration in IT, BFSI and other enterprise segments.
- HealthySure
Participated · Series A · Feb 2022
HealthySure is an insurtech startup that offers a complete healthcare stack for organizations to manage employee health benefits and enables employees to take personal insurance cover up to Rs 1 crore. The Mumbai-based platform targets small and mid-size enterprises (SMEs) to make insurance and healthcare more affordable and accessible. Founded by Anuj Parekh and Sanil Basutkar, HealthySure bundles corporate health benefits and personal insurance options for employees. The company is focused on expanding access to insurance and healthcare solutions for SMEs across India. Financially, HealthySure has completed multiple fundraising events, including an undisclosed pre-Series A last year and a fresh pre-Series A in the current reporting period.
Team
Mitesh Nandlaskar
Vice President | Hem Angels
LinkedIn