Biography of Sushanto Mitra: Founder and CEO of Lead Angels- Entrepreneur

Biography of Sushanto Mitra: Founder and CEO of Lead Angels- Entrepreneur

Biography of Sushanto Mitra:

In India, there was a remarkable individual named Sushanto Mitra. Born with a passion for numbers and a keen analytical mind, he pursued a Bachelor’s degree in Mathematics from St. Stephen’s College in Delhi. His thirst for knowledge didn’t stop there; he continued his education by earning an MBA from Lucknow University. This solid foundation in education equipped him with the skills he would later use to navigate the world of business and finance.

Early Career Steps

Sushanto's career journey began after he completed his studies. He took his first steps into the corporate world as a marketing executive at HCL. This role marked the beginning of his professional experience, where he learned the importance of market dynamics and customer engagement. His career quickly evolved, leading him to Price Waterhouse Coopers, where he worked as a consultant. This position allowed him to delve deeper into financial strategies and consulting, shaping his future endeavors.

Building Expertise in Finance

After a couple of years at PwC, Sushanto transitioned to Meghraj SP Corporate Finance, where he gained valuable experience in equity research. This role enhanced his analytical skills and taught him how to assess investment opportunities critically. Following this, he took a significant step as a Principal at Techcap India, a boutique investment bank focused on early-stage companies. Here, he honed his skills in identifying promising startups and understanding their financial needs.

Leadership at SINE

In 2007, Sushanto's leadership qualities shone through when he became the Chief Executive Officer of the Society for Innovation & Entrepreneurship (SINE) at IIT Bombay. His role was pivotal in supporting new entrepreneurs and fostering an environment where innovation could thrive. Under his guidance, SINE became a hub for aspiring business leaders, providing them with the resources and mentorship they needed to succeed.

The Birth of Lead Angels

In 2013, driven by his experiences and insights into the startup ecosystem, Sushanto co-founded Lead Angels, India’s first privately owned angel network. Alongside two partners from IIT Bombay, he aimed to improve early-stage investment outcomes. Lead Angels was designed to connect successful entrepreneurs and investors, creating a robust support system for emerging startups. The vision was clear: to nurture high-potential entrepreneurs through strategic investments and guidance.

Growth of the Network

As the Founder and CEO of Lead Angels, Sushanto watched the network flourish. Over the years, it expanded significantly, attracting more than 130 members from diverse sectors, both in India and abroad. This growth was a testament to the increasing interest in startup investments and the importance of having a supportive community for entrepreneurs. The network established chapters in major cities like Mumbai, New Delhi, Ahmedabad, Bangalore, and Hyderabad, providing access to resources and connections.

 Biography of Sushanto Mitra: Founder and CEO of Lead Angels- Entrepreneur /Age/Net worth/Investor/ angel network/SuprDaily/Shopkirana/startup/Sushanto 

Comprehensive Support Services

What set Lead Angels apart was its comprehensive approach to supporting startups. Beyond mere investment, Sushanto ensured that the network provided 360° support. This included advisory services for follow-on fundraising and assistance with compliance and governance for the companies in which they invested. The team behind Lead Angels was passionate and experienced, committed to fostering a win-win relationship between entrepreneurs and investors.

Noteworthy Investments

Under Sushanto's leadership, Lead Angels made significant strides in the investment landscape, with over 30 investments in the last five years. The network's portfolio boasted impressive names like SuprDaily, Planet Superheroes, AHA Taxi, and Shopkirana. Each investment was carefully selected based on potential and market relevance, contributing to the vibrant startup ecosystem in India.

Contributions Beyond Investing

Sushanto's impact extended beyond just investments. He became a well-respected figure in various incubators across India, serving on advisory committees and conducting training programs. His commitment to educating aspiring entrepreneurs and sharing knowledge reflected his dedication to the startup community. He collaborated with esteemed organizations like IIT Bombay, ISRO, and Tata Communications to foster innovation and capacity building.

A Legacy of Support

As time passed, Sushanto Mitra became synonymous with angel investing in India. His journey from a young mathematics student to a leader in the startup ecosystem inspired many. Through Lead Angels, he not only provided financial backing but also created a nurturing environment for entrepreneurs to flourish. His vision of a collaborative network where everyone benefits became a reality, changing the landscape of early-stage investments in the country.

The Ongoing Journey

Even today, Sushanto continues to guide Lead Angels and its members. His relentless pursuit of excellence and commitment to supporting the next generation of entrepreneurs keeps the network thriving. As the startup ecosystem evolves, Sushanto remains at the forefront, adapting to new challenges and opportunities. His story is a powerful reminder of the impact one individual can have on countless lives and the importance of fostering innovation and entrepreneurship.

Conclusion

In summary, Sushanto Mitra's journey is not just about personal success but about creating a vibrant community of innovators. Through Lead Angels, he has built a legacy that emphasizes the importance of support, mentorship, and strategic investment. As he looks to the future, Sushanto remains dedicated to empowering entrepreneurs, ensuring that the spirit of innovation continues to thrive in India. His story serves as an inspiration for all aspiring business leaders, highlighting the potential that lies in collaboration and community support.

Timeline for Sushanto Mitra’s Journey

Early 2000s: Earns Bachelor’s in Mathematics from St. Stephen’s College, Delhi.

2004: Completes MBA from Lucknow University.

2004: Begins career as a marketing executive at HCL.

2006: Joins Price Waterhouse Coopers as a consultant, deepening financial expertise.

2008: Moves to Meghraj SP Corporate Finance, specializing in equity research.

2010: Becomes Principal at Techcap India, focusing on early-stage companies.

2007: Appointed CEO of the Society for Innovation & Entrepreneurship (SINE) at IIT Bombay.

2013: Co-founds Lead Angels, India’s first privately owned angel network.

2014-2019: Lead Angels expands to over 130 members and establishes multiple chapters.

2020: Achieves significant investments in startups like SuprDaily and Shopkirana.

2024: Continues to mentor and guide the startup ecosystem through Lead Angels.

 Biography of Sushanto Mitra: Founder and CEO of Lead Angels- Entrepreneur /Age/Net worth/Investor/ angel network/SuprDaily/Shopkirana/startup/Sushanto