# Ashika Group

> Ashika Group is a VC fund in Mumbai backing Industrial and Manufacturing. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 1
- Last investment: Jul 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ashika-group-official/?originalSubdomain=in
- Website: https://www.ashikagroup.com

Ashika Group is a VC fund in Mumbai focused on Industrial and Manufacturing. Ashika Group is the financial services providers it helps individuals, companies, and financial institutions.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Industrial | 1 | 100% |
| Manufacturing | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Man Industries | Man Industries manufactures large-diameter carbon steel pipes, provides infrastructure, and engages in trading. They supply steel line pipes for high- and medium-pressure applications in oil, gas, petrochemical, and water transportation; anti-corrosion coating systems, and aluminium extrusion products. | $29.4M | Post-IPO Equity | Jul 28, 2025 |  |

1 of 1 investments shown.

## Co-investors
- [Capri Global Capital](https://shizune.co/investors/profile/capri-global-capital) — VC Fund, 1 deal together
- Carnelian Asset Management — VC Fund, 1 deal together
- Ovata Capital — VC Fund, 1 deal together
- RBA Finance — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [RA Capital Management](https://shizune.co/investors/profile/ra-capital-management) — VC Fund
- [KB Securities](https://shizune.co/investors/profile/kb-securities) — VC Fund
- [Frazier Healthcare Partners](https://shizune.co/investors/profile/frazier-healthcare-ventures) — VC Fund

## FAQ

### What does Ashika Group invest in?

Ashika Group invests primarily in Industrial and Manufacturing startups, most often at Post-IPO Equity stage. Most of the 1 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ashika Group last invest?

The most recent investment recorded for Ashika Group closed in Jul 2025. Shizune tracks 1 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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