An exclusive club for startup investors
Don't gamble in startups, invest in them.
Create a portfolio of curated startups, just like top VCs.
Why a portfolio
Angel bets and venture bets are great because they have non-linear outcomes in the positive, but on the downside you can only lose 1x (where x is your investment). On the upside, you can make 10,000x.
Investments
Invested alongside top tier VCs.
PostmanPostman is an API development platform, used by more than 25 million developers and 500,000 organisations
FreshlyFreshly is building lean supply chain for F&V to provide Fresh quality & competitive pricing
DevRevDevRev enables developers and engineers to create products focused on customer needs
Skye AirIndia’s largest and world’s 7th biggest SaaS based drone Logistics Solution Provider with their own UTM
Wobot.aiWobot.ai transforms camera system data into insights for cost savings and revenue growth
SpyneSpyne is an AI-powered merchandising tool for used-car dealers & other online merchants
FlentA living company that India's top 1% deserve
DharakshaBio-materials startup addressing stubble burning & plastic pollution with alternativesWe like to invest in deals led by top tier VCs and angels
- Lightspeed Venture Partners
- Y Combinator
- Khosla Ventures
- Matrix Partners
- Accel
- Peak XV Partners
- Nexus Venture Partners
- Blume Ventures
How it works
Four steps, then deal by deal.
Sign up
Get the Misfits app and the members’ community on WhatsApp.
Decide your ticket
Choose what you would like to put into startups over the next 12 months.
Onboard once
Complete your KYC and sign the one-time agreement in the app.
Invest deal by deal
Each new deal: go with your ticket, double down, or opt out.
Reserve by Misfits
Invest in 10 startups, from INR 5 lakh a year.
Your allocation goes equally into ten hyper-curated startups over 6 to 12 months. Misfits invests in every one of them too.
Issued in public interest
Read these before you invest.
Members say
In their own words.
The app has improved a lot now compared to 8 months back and is quite smooth to operate. Kudos to the team who have continuously put efforts to make it better 👏 The deals and their content are now accessible in the app itself. You also get to network with like-minded angel investors.
Learned a lot about angel investing from the misfits community. Quite nice deal flow.
I've been investing with Misfits for about a year. I appreciate their investment approach & their reasons for selecting startups. My trust in Amit's judgment has grown during this time. This makes it comfortable for me to commit my money to their systematic allocation plan.
Google Play
4.8
27 ratings on the Misfits app
From the blog
Notes from the club.
How do we source deals?
Mostly through our network. We've been grinding in startups before unicorns were a thing. Before Oyo and Swiggy were incorporated. Before the big rounds started rolling in. This helped us build strong relationships with founders, operators, angels, and VCs. We collaborate with VC funds, syndicates, and angel investors. It helps that many notable angels, founders, angels, and VCs are a part of our community and or are investors in Misfits.
How do we curate deals?
We strive to be _less wrong_ while curating deals. We have a playbook of 120+ questions that we try to answer before deciding to list the deal. Some of these include: Clarity of thought. Is the proposition clearly articulated? Depth. Do the founders have deep user insights? User pull. Do the users genuinely want the offering? Focus. Are they focused on a single use case? Segmentation. Have they sharply defined a user segment? GTM. Do they know how to bootstrap to a threshold user base? Co-investors. Do they have quality investors? Do the co-investors have conviction in their decision? Past. Do the extensive ref checks on founders inspire confidence?
How many deals do we look at?
Typically, we receive 50+ deals in a month and we end up speaking to about a third of those startups. We usually invest in one or two startups in a month.
Do we have skin in the game?
We make money when you make money. We lose money when you lose money. The upfront fee that we charge is to cover our expenses. We make money on carry, which accrues only when you make money. We personally invest in all the deals under India Access. So we personally lose money when you lose money.
Are we focused on certain sectors of startups?
Not really. We're into companies that use tech to shake things up - whether it's opening up new markets, cutting costs big time, or delivering a way better experience. Sectors don't matter much. Our thing is spotting startups with that tech spark. We do avoid sin sectors though.