# Abhay Havaldar

> Abhay Havaldar is a private equity investor at Avatar Growth Capital backing Software and SaaS. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Avatar Growth Capital](https://shizune.co/investors/profile/avatar-growth-capital)
- Location: Mumbai, India
- Total investments: 4
- Last investment: Jan 2023
- Lead investor: 75%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/abhay-havaldar-a4a46523

Abhay Havaldar is a private equity investor at Avatar Growth Capital in Mumbai focused on Software and SaaS. Abhay Havaldar has worked at GA since 2002. Mr. Havaldar helped establish GA's Singapore office in 2011 and established GA's India office in 2002. He currently serves as a Director on the board of Jubilant Life Sciences Ltd., Hexaware Technologies, IBS Software Services (P) Ltd, Infotech Enterprises Ltd and the National Stock Exchange ofIndia Ltd.Prior to GA, Mr. Havaldar started his career with the Tata Group and has held operating management responsibilities at Tata Unisys/Infotech (now TCS) and HCL Infosystems.Mr. Havaldar has been an investor in Indian businesses since 1996, as a partner at Draper International and Connect Capital. He is a Charter Member of The Indus Entrepreneurs (TIE) and a Board member of Society for Innovation and Entrepreneurship (SINE).Mr. Havaldar holds a BE (Electrical Engineering) from the University of Bombay and a Masters in management degree from the Sloan Fellow program at the London Business School.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 75% |
| SaaS | 1 | 25% |
| FinTech | 1 | 25% |
| Cloud Security | 1 | 25% |
| Cloud Computing | 1 | 25% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Private Equity | 2 | 50% |
| Series B | 1 | 25% |
| Series C | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 2 | 50% |
| United States | 2 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Mad Street Den | Mad Street Den is a Computer Vision based Artificial Intelligence startup that's breaking new grounds in redefining the future of Retail. Vue.ai (www.vue.ai) is it's first vertically integrated AI stack for Retail. The AI stack provides 360* solutions for the entire Retail value chain with products supporting on-site, on-app experience tomarketing & social channels to operations and automation. Besides retail, MAD Stack, the company's Computer Vision platform will scale it's core AI capabilities like object recognition, expression/emotion recognition and more across new verticals over time. With it's team of Neuroscientists, Data Science and Deep Learning experts from Stanford, CMU and MSFT labs, the team has been serving customers across US, UK, India, Middle East and LatAm today, some of whom are world-renowned brands. | $30M | Series C | Jan 17, 2023 |  |
| CoreStack Inc | CoreStack empowers enterprises to achieve continuous and autonomous cloud governance so they can accelerate innovation and deliver predictable outcomes. The company ensures cloud compliance and automating cloud operations. CoreStack's cloud-native, multi-cloud compliance platform is used today by many global enterprises. It is used today bymany leading global enterprises across multiple industries.CoreStack was founded in 2016 and is headquartered in Bellevue, Washington. | $30M | Series B | Nov 24, 2021 |  |
| IBS Software Services | IBS Software is a global provider of new generation IT solutions to the global Travel, Transportation, and Logistics industry. |  | Private Equity |  |  |
| National Stock Exchange | NSE) is India's leading stock exchange covering various cities and towns across the country. NSE was set up by leading institutions to provide a modern, fully automated screen-based trading system with national reach. The Exchange has brought about unparalleled transparency, speed & efficiency, safety and market integrity. It has set upfacilities that serve as a model for the securities industry in terms of systems, practices and procedures.NSE has played a catalytic role in reforming the Indian securities market in terms of microstructure, market practices and trading volumes. The market today uses state-of-art information technology to provide an efficient and transparent trading, clearing and settlement mechanism, and has witnessed several innovations in products & services viz. demutualisation of stock exchange governance, screen based trading, compression of settlement cycles, dematerialisation and electronic transfer of securities, securities lending and borrowing, professionalisation of trading members, fine-tuned risk management systems, emergence of clearing corporations to assume counterparty risks, market of debt and derivative instruments and intensive use of information technology. |  | Private Equity |  |  |

4 of 4 investments shown.

## Co-investors
- [Alpha Wave Global](https://shizune.co/investors/profile/alpha-wave-global) — VC Fund, 1 deal together
- [Dallas Venture Capital](https://shizune.co/investors/profile/dallas-venture-capital) — VC Fund, 1 deal together
- [Alpha Wave Global](https://shizune.co/investors/profile/falcon-edge-capital-2) — VC Fund, 1 deal together
- [Iron Pillar](https://shizune.co/investors/profile/ironpillar) — VC Fund, 1 deal together
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund, 1 deal together

## About Avatar Growth Capital

VC Fund

Avatar Growth Capital operates as an investment firm that focuses on growth-stage companies.

2 contacts available at Avatar Growth Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Abhay Havaldar | Co-Founder & Managing Partner | https://shizune.co/investors/profile/abhay-havaldar |
| Vishal Bakshi | Founder & Managing Partner | https://shizune.co/investors/profile/vishal-bakshi-979c |

## Similar investors

### Similar stage
- [Foresight Group](https://shizune.co/investors/profile/foresight-group) — VC Fund
- [YFM Equity Partners](https://shizune.co/investors/profile/yfm-equity-partners) — VC Fund
- [Fondaction](https://shizune.co/investors/profile/fondaction) — VC Fund

## FAQ

### What does Abhay Havaldar invest in?

Abhay Havaldar invests primarily in Software, SaaS and FinTech startups, most often at Private Equity and Series B stage. Most of the 4 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Abhay Havaldar last invest?

The most recent investment recorded for Abhay Havaldar closed in Jan 2023. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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