Hari Balasubramanian

CEO

Bengaluru, Karnataka, India40 yrs 5 mos experience
Most Likely To Switch

Key Highlights

  • Extensive experience in angel investing and mentoring startups.
  • Active member of multiple investment committees across India.
  • Pioneered innovative business models and lean startup methodologies.
Stackforce AI infers this person is a Venture Capitalist with a strong focus on startup incubation and mentoring.

Contact

Skills

Core Skills

Angel InvestingMentoringVenture CapitalInvestment StrategiesAdvising PeopleLeading InvestmentBoard Of DirectorsBusiness Model InnovationM & A And Exit

Other Skills

Business AnalysisBusiness DevelopmentBusiness IntelligenceBusiness PlanningBusiness ProcessBusiness Process ImprovementBusiness StrategyCRMChange ManagementCloud ComputingConsultingERPEnterprise SoftwareEntrepreneurshipFundraising

About

Hari is an experienced entrepreneur, angel investor, mentor, and advisor with a passion for lifelong learning. Currently, he is focusing on understanding AI tools and finding practical applications for them in various domains. He actively invests in innovative startups and promotes lean startup principles, global thinking, local action, and fostering an organizational culture suitable for innovation. Utilizing OKRs, AI tools, and other proven methodologies, Hari helps founders stay on track and make progress. He has led numerous deals, predominantly in the Indian Angel Network and some in LetsVenture, facilitating exits and fundraising support for investors and portfolio companies. As a member of the Advisory Board of Ivy Cap Ventures, a Mumbai-based venture capital firm, Hari contributes to the decision-making process for investments in various companies. IvyCap Ventures has made 60 investments in companies such as Celcius, Eggoz, Snitch, Purplle, Clovia, Biryani by Kilo, Miko, Bluestone, FTCash, and several others companies. Hari also serves as a member of the Investment Committee at IIM Calcutta Innovation Park (IIMCIP), where he helps guide the direction of incubation and investment initiatives. He is also an Investment Committee member of the Incubator Seed Management Committee under the Startup India Seed Fund scheme for several incubators like TCGTBI , Venture Park , AIC Pinnacle . As an entrepreneur since 1987, Hari has been involved in multiple ventures, including the early adoption of the internet with his portal Calcutta Online, which was acquired by a NASDAQ-listed company in 1998. He co-founded Ontrack Systems Limited in 1988 and held key positions in trade bodies, trusts, and non-profit organizations, such as TiE-Kolkata, COMPASS, and CIITA. Currently, Hari dedicates his time to supporting innovative entrepreneurs, researching lean startup methodologies, disruptive business models, and frugal innovation, as well as exploring the practical applications of AI in business.

Experience

40 yrs 5 mos
Total Experience
6 yrs 4 mos
Average Tenure
12 yrs 5 mos
Current Experience

Rymo

Lead Investor

Jul 2025Present · 11 mos · India · Hybrid

  • Rymo is a world-class, cutting-edge design and development enterprise, helping people globally rediscover their mobility, through a suite of ‘smart’ products that enables measurable clinical outcomes, in active partnership with healthcare service providers.
Angel InvestingAdvising People

Peping

Lead Investor & Mentor

Apr 2025Present · 1 yr 2 mos · Bengaluru, Karnataka, India · Hybrid

  • Peping is building the new era of beverages which are good for the gut and enjoyable . They offer Prebiotic fizz drinks and Probiotic wellness shots

Nsrcel

Member - Investment Committee

Feb 2025Present · 1 yr 4 mos · Bengaluru South, Karnataka, India · Hybrid

  • IIMBI (IIM Bangalore Innovations) is a Section 8 company that promotes entrepreneurship through education and incubation . IIMBI programs are executed under the ‘NSRCEL’ brand name. IIMBI’s operations are funded through a range of Government schemes, Corporate CSR and philanthropy.
Angel InvestingInvestment Strategies

Harajuku tokyo cafe

Lead Investor & Mentor

Jan 2025Present · 1 yr 5 mos · India · Hybrid

  • Harajuku Tokyo Cafe and Harajuku Bakehouse are poised to become category leaders in Japanese. cuisine with a vision to take the brand to other countries. Am glad to support the founding team in this journey.

Itic incubator at iith

Member - Investment Committee

Dec 2024Present · 1 yr 6 mos · Greater Bengaluru Area · Remote

  • IIT Hyderabad has a Incubator Seed Management Committee . Deep Tech startups can apply for funding here under the Startup India Seed Fund Scheme (SISFS) .
Angel Investing

Nosh

Mentor & Advisor

Apr 2024Present · 2 yrs 2 mos · Greater Bengaluru Area · Remote

  • NOSH is the most advanced autonomous cooking robot which can cook more than 120 dishes. Launching US version soon.
Board of Directors

Tfg cafe

Mentor & Advisor

Jan 2024Present · 2 yrs 5 mos · Greater Bengaluru Area · Remote

  • TFG cafe is a young and upcoming Cafe in Bengaluru . They are very popular for their Berliners and Korean cat pudding . They come up with innovative products which are loved by their customers.
Mentoring

Adya

Mentor and lead investor

Oct 2023Present · 2 yrs 8 mos · Mumbai, Maharashtra, India · Remote

  • adya.ai provides ONDC in a Box for Enterprise customers.
Mentoring

Samosa party

Lead Investor and Board Observer

Apr 2023Present · 3 yrs 2 mos · Bengaluru, Karnataka, India · Remote

  • Samosa Party is on a mission to take Samosas to the world. They serve Hot and Crispy samosas in several varieties with freshly made condiments and accompaniments. Indulging in samosas doesn’t need to come at the cost of hygiene as their chefs follow strict food safety and hygiene protocols at every step while preparing delicious, authentic and 100% preservative free samosas.
Mentoring

Superu

Mentor

Jan 2023Present · 3 yrs 5 mos · Bengaluru, Karnataka, India · Remote

  • Superu is a modern AI platform that enables businesses to create and deploy AI voice agents for customer interactions without any coding required.
Mentoring

House of beriyan

Mentor

Jan 2023Present · 3 yrs 5 mos · Mumbai, Maharashtra, India · Hybrid

  • House of Beriyan is a cloud kitchen specializing in authentic Indian Biryani and Kepsa. We offer a variety of delicious biryani dishes, including chicken, mutton, and vegetarian options and delicious starters. Our biryani is made with the freshest ingredients and cooked to perfection. We are located at Andheri at the moment and available on swiggy and zomato."
Leading Investment

Railofy

Lead Investor and Board Observer

Jan 2023Jul 2025 · 2 yrs 6 mos · Mumbai, Maharashtra, India · Hybrid

  • Railofy is focussed on bringing innovative solutions for passengers of Indian Railways. They are a partner with IRCTC and offer several products and services to the Railway eco system. The company ran out of money and has shut down operations in 2025
Business Model Innovation

Ingenium education

Lead Investor and advisor

Jul 2022Present · 3 yrs 11 mos · New Delhi, Delhi, India

  • Ingenium provides a white-labeled B2B SaaS platform to small and medium-sized educational institutes, trainers , creators and teachers .
Leading Investment

Brevistay

Lead Investor and Mentor

Jun 2022Present · 4 yrs · Noida, Uttar Pradesh, India

  • Brevistay is a team of young and dynamic professionals aiming to provide you the best in hospitality! They help you to find hotel rooms for use by the hour. Starting off with just five cities, They have grown by leaps and bounds and are currently operating in 40++ major cities of India!
Leading InvestmentBusiness Model InnovationMentoring

Cheelizza

Lead Investor and Advisor

Apr 2022Present · 4 yrs 2 mos · Mumbai, Maharashtra, India

  • India's first choice vegetarian PIZZA brand
Leading InvestmentBusiness Model InnovationMentoring

Toffee coffee roasters

Lead Investor and Mentor

Apr 2022Present · 4 yrs 2 mos · Mumbai, Maharashtra, India

  • Toffee Coffee Roasters brings you exhilarating Coffee From the Finest Coffee Estates of the World Combined with Exotic Coffee Accessories
Leading InvestmentBusiness Model InnovationMentoring

Paapri cloud technologies

Interim CEO

Mar 2022Aug 2022 · 5 mos · United States

  • Paapri mission is to make businesses successful with the use of Digital Transformation. We specialize in SMB to Midsize manufacturers and distributors looking for ERP Implementation experts, ERP Development help, and ERP Support.
Leading InvestmentM & A and Exit

Bagara bawarchi cafe

Investor and Mentor

Oct 2021Present · 4 yrs 8 mos · Bengaluru, Karnataka, India · Hybrid

  • Chai Resto is a QSR Brand serving Tea & Snacks across several locations in Bengaluru
Leading InvestmentBusiness Model InnovationMentoring

Auntie fung's

Lead Investor and Mentor

Sep 2021Present · 4 yrs 9 mos · Bangalore Urban, Karnataka, India

  • A true Pan-Asian fare that is sure to tingle your taste buds, satisfy your tummy and keep you wanting for more. Auntie Fung’s is taking you on an eclectic tour around Asia, a feast for all your senses.
Leading InvestmentBusiness Model InnovationMentoring

Biggies burger

Lead Investor and Mentor

Jun 2021Present · 5 yrs · Bangalore Urban, Karnataka, India

  • Biggies Burger is one of India's largest home grown Grilled Burger Brand
Leading InvestmentMentoring

Hire a camp

Lead Investor & Mentor

Feb 2020Present · 6 yrs 4 mos · Dehradun, Uttarakhand, India

  • Camping has an untapped potential in India. Am betting on this founding team to bring in a lot of new generation customers from India and overseas.
Leading Investment

Plop chat stories ( w/o 2023)

Lead Investor and Board Observer

Feb 2020Apr 2023 · 3 yrs 2 mos · Mumbai Area, India

  • Another interesting startup that is building a new way of story telling using the mobile phone. A very innovative platform being built by a smart team of founders.
Leading InvestmentMentoring

Iim calcutta innovation park

Member - Investment Committee

Jan 2020Present · 6 yrs 5 mos · Kolkata, West Bengal, India

  • IIM Calcutta Innovation Park has been doing pioneering work in the area of incubation and innovation. As a member of the Investment Committee of IIMCIP , Hari contributes by assisting in the areas of evaluation of deals , funding decisions, mentoring , advising and supporting the growth and development of the startup eco system .
Angel Investing

Automovill technologies pvt ltd

Board Observer

Dec 2019Apr 2023 · 3 yrs 4 mos · Bengaluru, Karnataka, India

Leading InvestmentM & A and Exit

Apto.ai

Lead Investor and Board Observer - Now Exited (Dec 2022)

Dec 2019Sep 2022 · 2 yrs 9 mos · Bengaluru Area, India · Remote

  • CodeNinja.ai is a startup which has developed a zero code development platform
Leading Investment

A-idea technology business incubator of naarm

Mentor

Nov 2019Present · 6 yrs 7 mos · Hyderabad, Telangana

Angel Investing

Letsventure

Lead - Early Adopters Syndicate

Nov 2019Present · 6 yrs 7 mos · Bengaluru Area, India

  • EaSyndicate is an Early Adopter Syndicate in the LetsVenture.com platform . EaSyndicate is for Angel Investors who are early adapters and have a high risk appetite. The vision of EasYndicate is to identify potential 100x startups and provide the first cheque and involve syndicate members ,
  • some of who can provide or act as early adopters of the products and services being built by the startup.
  • The thesis of EaSyndicate is to identify innovative and disruptive startups by making smaller bets and allowing the best ideas and entrepreneurs with traction to emerge. Startups without traction will likely die . It is a high performance high risk strategy . Codeninja.ai , the first portfolio company in EaSyndicate has recently provided an exit to all investors in the company.(December 2022)

Venturepark incubator

Member- Investment Committee

Apr 2019Present · 7 yrs 2 mos · Patna, Bihar, India · Remote

  • VenturePark offers an opportunity for start-ups by bringing leading industry mentors and global market access to entrepreneurs . It provides a unique working space and leverages the strength of BIA (Bihar Industries Association). The Incubator provided funding through various schemes of the Government of India and the State Government of Bihar.
Angel Investing

Gorural foods & beverages private limited

Lead Investor and Board Observer

Dec 2018Jan 2023 · 4 yrs 1 mo · Madhubani Area, India

  • Sattu is an Ancient Indian Superfood.

Mukunda foods pvt. ltd.

2 roles

Lead Investor & Mentor

Apr 2018Mar 2019 · 11 mos · Bengaluru Area, India

Leading InvestmentM & A and Exit

Director

Jun 2013Jun 2018 · 5 yrs · Bengaluru Area, India

  • www.mukundafoods.com (Mukunda Foods Private Limited ) started from the campus of SRM University in Chennai. The founders Eshwar and Sudeep won the TATA NEN award as students and subsequently were incubated in the virtual incubator of the Indian Angel Network by Mr. Hari Balasubramanian. The company invented the worlds first desk top Dosa Making machine called Dosamatic and went on to establish a manufacturing unit in Bengaluru. The company was seed funded by the Indian Angel Network and has now sold and installed Dosamatic not only in India , but in several overseas markets like Australia , UK , USA etc.
  • The company was selected to show case its product when the Prime Minister of India , Mr. Narendra Modi went to the Silicon Valley in 2015 . The company also received world wide publicity recently during the visit of the Royalty from UK ( 2016 April) , when Prince William tasted Dosas made during the demonstration of Dosamatic. The company has recently designed a domestic version of Dosamatic for use at homes. The company has also launched www.dosmaticstore.com for sale of batter and other accompaniments like chutney , filling and sambar etc.
Leading InvestmentM & A and Exit

Confirmtkt

Advisor

Sep 2017Nov 2019 · 2 yrs 2 mos · Bengaluru Area, India

  • Confirmtkt is a fast growing train and bus ticket booking engine for India . The travel search is backed by a unique and efficient algorithm which figures out the best possible options across trains & buses to reach your destination.

Iiest, shibpur

Member - Investment Committee (TCGTBI)

Apr 2017Present · 9 yrs 2 mos · Shibpur, Howrah · Hybrid

  • TCGTBI runs and manages a Business Incubator (BI) at Indian Institute of Engineering Science and Technology, Shibpur (IIEST, Shibpur) to facilitate incubation of new enterprises with innovative technologies by providing them physical, technical and networking supports and allied services. They have recently set up an ISMC for selecting startups for funding under the Startup India Seed Fund Scheme.
Angel InvestingMentoring

Bharatagri

Lead Investor

Jan 2017Present · 9 yrs 5 mos · Pune, Maharashtra, India

  • Bharat Agri provides personalised farming Solution for 140+ Million Indian Farmers.

Advatech healthcare europe limited

Advisor

Jan 2017Jul 2018 · 1 yr 6 mos · London, United Kingdom

Inventrom

Advisor & Mentor

Jan 2016Present · 10 yrs 5 mos · Panjim , Goa

  • Inventrom has developed an Internet of Things platform (Hardware+Software) called BOLT ,that enables you to build IoT products and projects. Bolt is gaining huge popularity among it's users, the tech-industry and is also garnering high critical acclaims.
Leading InvestmentBusiness Model Innovation

Spinny

Lead Investor (Angel round)

Jan 2016Jun 2019 · 3 yrs 5 mos · New Delhi

  • www.myspinny.com is the one-stop pre-owned car buying and selling platform that takes care of everything from car listing to paper transfers, to bring convenience directly to our customers. Our pre-inspected used cars end the information asymmetry by giving the best price valuation to both our Buyers and Sellers without compromising quality.

Careongo

Advisor

Jan 2016Sep 2017 · 1 yr 8 mos · New Delhi

  • www.CareOnGo.com is India's first chain of Co-branded Pharmacy stores for delivery of Medicines, Generics, Babycare, Womencare, Petcare, Ayurvedic and general health products, with the trust of your neighbourhood pre-approved pharmacy.
Leading InvestmentM & A and Exit

Mpokket

Mentor and Advisor

Nov 2015Mar 2020 · 4 yrs 4 mos · Kolkata Area, India

  • mpokket.com is a Online lending platform focussed on providing loans to students in 5 minutes.

Mallabhum institute of technology, wb

Member Board Of Trustees

Feb 2015Apr 2018 · 3 yrs 2 mos · Bishnupur Area, India

  • One of the founders of MHRDT ( a family trust) had nominated me as a Trustee to take his place after his death (in his will) . Was entrusted a major responsibility of ensuring proper transition by this fine gentleman who died of cancer . I have now stepped down from the trust since I have accomplished what he wanted me to complete on his behalf.

Shopatplaces

Lead Investor and Director

Sep 2014Jan 2018 · 3 yrs 4 mos · New Delhi

  • Launched in 2012, Shopatplaces.com (High City Retail Private Limited ) is to delight you, by delivering a vast range of best quality products, handpicked from the places famous for them. Of course, at your doorstep and for the right price. No more you have to wait for your trip to Lucknow to adorn yourself in classy Chikan designs, or for your holiday to Kashmir valley to lay your hands on that exclusive Pashmina scarf you have always craved to have in your wardrobe. Products from across the places and categories, they all are available, right here, to be duly possessed by you! . Founders decided to shut down operations in early 2017 , when they could not raise funds for expansion.

Styledotme

Lead Investor and Mentor

Jan 2014Present · 12 yrs 5 mos · New Delhi

  • StyleDotMe.com has developed India’s first high value Augmented Reality Shopping Platform for Jewellers.
Leading InvestmentBusiness Model InnovationMentoring

Hearing plus

Mentor

Jan 2014Present · 12 yrs 5 mos · Kolkata Area, India

  • Bengal Speech & Hearing is amongst the best Hearing Aid Centres & Speech Therapy Solutions in India. BSHPL is an industrial leader in Diagnostic Audiology, Hearing aid fitting and Speech therapy. We have exclusive hearing aid centers in Kolkata, Burdwan, Howrah, Siliguri, Bhubaneswar, Guwahati (Assam), Mumbai & Delhi.

Ivycap ventures private limited

Advisor

Jan 2013Present · 13 yrs 5 mos · Mumbai Area, India · Hybrid

  • IvyCap Ventures Advisors Private Limited (IvyCap) is guided by an entrepreneur-centric investment approach. IvyCap has been set up as a Venture Capital (VC) Fund Management Company with an approach to focus on high-quality professional entrepreneurs from the premier education institutions of the country. IvyCap focuses on investing in early and growth stage companies across sectors such as Healthcare, Education, Food based businesses, Technology, e/m-Commerce and other innovation oriented businesses. We believe that in the case of early/growth stage companies, a strong collaborative approach is critical for success.
Venture CapitalM & A and ExitAngel Investing

Indian angel network

Member

Aug 2010Present · 15 yrs 10 mos · New Delhi, Delhi, India · Remote

  • Indian Angel Network (IAN) is one of India's largest and oldest networks of angel investors, established in 2006. The network brings together successful entrepreneurs, business professionals, and high-net-worth individuals who are interested in investing in and mentoring early-stage startups across various sectors. With a diverse portfolio, IAN has invested in numerous innovative companies in sectors such as healthcare, education, technology, e-commerce, and more.
  • IAN's primary objective is to provide startups with the necessary financial resources, mentorship, and strategic guidance to help them grow and scale their businesses. The network comprises more than 500 individual investors from India and around the world, making it a powerful platform for startups to connect with potential investors.
M & A and ExitBoard of DirectorsAngel InvestingMentoring

Ontrack systems aus pty ltd

Director

Feb 2010Present · 16 yrs 4 mos · Sydney, New South Wales, Australia · Remote

  • At Ontrack Systems, we help clients improve their efficiency. Increase their competitive advantage and better serve their customers through innovative information and technology solutions. I am a non executive director of the company .
Leading InvestmentAngel InvestingMentoring

Ontrack systems limited

Chairman and Managing Director

Jan 1988Apr 2013 · 25 yrs 3 mos · Kolkata Area, India

  • Since its inception in the year 1988, Ontrack evolved into a dominant player in the global IT and IT Enabled Services (ITES) market. Currently it has no India operations.

Bhel

Engineer- Systems

Jan 1984Jan 1986 · 2 yrs

  • I started my career in BHEL, New Delhi in the Construction Management Headquarters.

Education

University of Calcutta

Bachelor of Engineering — Electrical

Jun 1980Jun 1984

Nava Nalanda

SSC — General Studies

Jan 1968Jan 1977

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