LetsVenture Alternatives for Angel Investing in India

LetsVenture has a new name. The angel investing platform, founded in 2013 and led by Shanti Mohan, rebranded as LVX in July 2025, as Inc42 reported, splitting into LVX Start for angel deals, LVX Grow for growth-stage rounds and LVX School for education. Visiting letsventure.com now redirects to lvxventures.com. The LVX homepage lists 36K+ platform investors, 300+ family offices and funds, ₹1160+ Cr committed and 715+ deals, and its angel fund, LV Angel Fund, is a SEBI-registered Category I AIF managed by LV Advisors LLP. It also warns that letsventurecredit.com is a fraudulent site that does not belong to LetsVenture.

The bigger change for investors is regulatory. SEBI amended its angel fund rules on September 8, 2025: angel funds may now onboard only accredited investors, the minimum investment per startup fell from ₹25 lakh to ₹10 lakh, and the cap rose to ₹25 crore, according to an October 2025 analysis by the law and compliance firm Vinod Kothari. Funds registered on or before September 10, 2025 must comply by March 31, 2027, after a SEBI circular of September 7, 2026 extended the original September 2026 deadline. That applies to every SEBI angel fund below, not only to LVX.

The six picks cover two kinds of reader: investors who want deal flow from another Indian network, and founders who used LetsVenture to reach investors. Fees are rarely public in this market, so we say plainly where they are not. Early-stage startup investments are illiquid and many fail, so expect to lose part or all of what you put in. This page compares platforms and is not investment advice.

Prices below are as of November 6, 2026. Our method is on How we review tools.

Quick comparison

Inflection Point Ventures

Inflection Point Ventures, or IPV, is the closest match to what LetsVenture offered investors: a large membership network that brings early-stage deals to members, who choose which to back. The IPV site cites 18000+ investors and is run from Gurgaon.

Its recent news lists seed and pre-seed rounds it led or joined, such as BAAS Technologies' ₹5 Cr pre-seed and NapTapGo's ₹8 Cr seed. Investors join through a Become a Member form, and the site has a separate page on becoming an accredited investor, which matters under SEBI's new angel fund rules.

Best for: Investors in north India who want a steady flow of early-stage deals through a network.

Pricing:

• No public price: membership fee, carry and minimum ticket are not published
• Terms come after the Become a Member form or a consultation

Watch out for:

• You cannot compare costs before applying, since no fees are posted.
• Network deals still carry startup risk; a lead investor's due diligence is not a guarantee.

Official site: Inflection Point Ventures.

Venture Catalysts

Venture Catalysts, often called VCats, pairs an angel community with two SEBI-registered Category I angel funds: Venture Catalyst Angel Growth Fund (IN/AIF1/18-19/0653) and Venture Catalyst Angel Fund (IN/AIF1/22-23/1157). Publishing the registration numbers lets you check them on SEBI's site.

The VCats homepage cites a community of 10,000+ investors, 400+ startups backed in 10 years and 200+ exits and up-rounds, with support from pre-seed to Series B. Would-be members fill in an online form about their investing background and, if selected, are invited to a call.

Best for: Accredited investors who want both deal-by-deal angel access and a fund route.

Pricing:

• No public price: the FAQ says members pay a membership fee but gives no amount
• Minimum investment: not published

Watch out for:

• Admission is selective, so not every applicant gets in.
• Counts such as 200+ exits and up-rounds mix two different outcomes; ask how many were cash exits.

Official site: Venture Catalysts.

IAN Group

Indian Angel Network, now IAN Group, has invested since 2006, and indianangelnetwork.com redirects to iangroup.vc. It runs IAN Angel Fund for angels, IAN Fund 1, the Bioangels programme and IAN Alpha Fund, which it says closed at $100M.

The group reports over ₹1,500 crore invested in 273+ companies across 28 sectors. Investors join IAN Angel Fund through a contact form, and founders submit a plan online.

Best for: Investors who want a long-established network and the option of a larger fund.

Pricing:

• No public price: fees, carry and eligibility are given on request
• IAN Angel Fund applications by email or the Join page

Watch out for:

• The angel fund falls under SEBI's accredited-investor rule, so smaller investors who joined LetsVenture deals may not qualify.

Official site: IAN Group.

AngelList

AngelList is the US platform LetsVenture was often compared with, and today it mostly serves fund managers and syndicate leads. Readers who led syndicates or want to raise their own venture fund will find the back office there: fund setup, administration, taxes and audits.

The AngelList pricing page lists two venture fund plans: Institutional at 0.1% of fund size a year plus $10,000, and Full Service at 0.15% plus $20,000, with a one-time implementation fee at first close.

Best for: Emerging fund managers who want US fund administration rather than an Indian AIF.

Pricing:

• Institutional: 0.1% of fund size per year plus $10,000
• Full Service: 0.15% of fund size per year plus $20,000
• One-time implementation fee and a minimum fund size; add-ons priced separately

Watch out for:

• Built around US structures; Indian residents investing abroad fall under RBI's Liberalised Remittance Scheme and FEMA rules, so get tax and legal advice first.
• SPV and investor-side fees are not on the pricing page.

Official site: AngelList.

Gust

Founders used LetsVenture to put one profile in front of many angels. Gust does a version of that: angel groups and accelerators run their applications on its platform, and the Gust FAQ says the accelerator platform is free for founders, with angel groups sharing a common application template.

Each program still needs its own application. Gust also sells Gust Launch, an incorporation and cap table service for US companies, which matters only if you plan a US holding structure.

Best for: Founders who want to apply to many angel groups and accelerators from one profile.

Pricing:

• Founder applications: free
• Gust Launch Start: $450 a year; Accelerate: $1,250 a year; Raise: $3,500 a year

Watch out for:

• Gust lists only the groups that choose to use it, so check that the Indian angel groups you want are on it before building a profile.

Official site: Gust.

OpenVC

OpenVC skips the network and lets founders pitch investors who accept cold inbound. You search a database, shortlist funds and send short pitches through the platform, with a deck viewer that tracks opens.

The free plan allows 3 investor emails a day, and Premium raises that to 5 and adds Power Search filters, per the OpenVC pricing page. For more founder-side options, see our F6S alternatives.

Best for: Founders who want to reach VCs directly instead of going through an angel platform.

Pricing:

• Free: search, shortlist, deck tracking, 3 investor emails a day
• Premium: $99 a month or $288 a year, 5 emails a day

Watch out for:

• Messages are capped at 1,200 characters with a 54-character subject, so the pitch has to be tight.
• It finds investors; it does not run a syndicate or hold investor money the way LVX does.

Official site: OpenVC.

How to choose

When to stay with LetsVenture

LVX is the same company under a new name, so existing investors keep their holdings and should stay to track them. It now adds growth-stage deals through LVX Grow, which few Indian angel networks offer. Stay if you meet SEBI's accredited investor test and like its deal flow. Use only lvxventures.com and the official LetsVenture or LVX apps, since the company itself warns about a fake look-alike site.

Frequently asked questions