Hyderabad Angels Fund (HAF)

Check fit first

• The fund says it invests from Pre-Series A to Series B, in companies that already show product-market fit.
• Its stated filters are stable revenue growth with recurring customers, improving capital efficiency, institutional co-investors and founder domain experience.
• It names GenAI, SpaceTech, Drones, consumer tech including D2C and fintech, and enterprise SaaS as its focus sectors.

How to approach the fund

• Use the pitch page on the fund's site. It asks for your name, email, company name, funding stage, a short description and a pitch deck.
• Choose the funding stage that matches your current round. The form lists Pre-Series A through Series B, Pre-Series C and bridge rounds.
• Keep the deck to the file types the form accepts.

What the site does not say

• It does not describe a review timeline or a selection process after you submit.
• It does not state whether it invests outside India or what legal form it expects.
• Ask the team directly through the pitch inbox if you need these answered.

Hyderabad Angels Fund (HAF) is a Category I venture capital fund based in Hyderabad, Telangana. It is registered with SEBI as an alternative investment fund, and its investment manager is Hyderabad Angels Ventures Advisory Private Limited. The fund says it builds on the legacy of the Hyderabad Angels network and backs startups at growth inflection points rather than at the idea stage.

What the fund invests in

The thesis page says HAF backs startups that already have product-market fit and are ready to scale in a capital-efficient way, typically from Pre-Series A to Series B. It names four filters: de-risked execution shown by stable revenue growth and recurring customer cohorts, improving capital efficiency, validation from institutional co-investors, and founder domain experience. It says it prefers second-time founders or industry veterans, and that it co-invests with Tier-1 VCs.

Sectors and geography

The thesis page says the fund focuses on sectors where Hyderabad's ecosystem gives a home advantage. These are emerging tech such as GenAI, SpaceTech and Drones, consumer tech including D2C brands and fintech, and enterprise SaaS. The fund is based in Hyderabad, and its portfolio pages show it has backed companies elsewhere in India, including a Bengaluru-based gaming company.

How to reach the fund

The site has a pitch page with a short form. You enter your name, email, company name, funding stage, a brief startup description and upload a pitch deck. The funding stage options run from Pre-Series A through Series B, Pre-Series C and bridge rounds. The footer also lists a phone number and a pitch inbox on the fund's own domain. The site does not describe a review timeline, a scoring process or a decision date, so ask the team what to expect after you submit.

Portfolio

The homepage and portfolio pages name STAN, a gaming and creator platform at Series A, and Dhruva Space, a space technology company at Pre-Series B. Both are shown as partnered in 2025. The portfolio page also has filters for category, current stage and the year first partnered.

Who runs it

The team page lists Kalyan Sivalenka as Managing Director and Rathnakar Samavedam as Investment Director, with a principal, a senior associate and a senior analyst on the investment team. The About page credits the founding visionaries of Hyderabad Angels, BVR Mohan Reddy, Srini Raju and Suresh Dagubati, as continuing to guide the fund.

What to check first

This is a fund for companies that already have traction, so it is not an early idea-stage route. The homepage and thesis page give different numbers of years for the Hyderabad Angels legacy, so do not rely on that figure. The site also does not state whether the fund invests outside India or what legal form it expects from applicants.

Where to find it

The corporate address is Cabin 04, Floor 2, T-Hub, Phase 2, Knowledge City, Madhapur, Hyderabad, Telangana, 500032. The registered address is in Begumpet, Hyderabad, 500081.