# Chirag Heda

> Chirag Heda is a seed investor at Mirae Asset Venture Investment backing Financial Services. See 16 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Mirae Asset Venture Investment](https://shizune.co/investors/profile/mirae-asset-venture-investment)
- Location: Bengaluru, India
- Total investments: 16
- Last investment: Oct 2025
- Lead investor: 31%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/daveash
- X (Twitter): http://twitter.com/ashishdave
- Facebook: http://www.facebook.com/ashishdave.2004

Chirag Heda is a seed investor at Mirae Asset Venture Investment in Bengaluru focused on Financial Services and Internet. Chirag Heda - Chief Executive Officer @ Mirae Asset Venture Investment

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.5M–$5M |
| Series A | $15M–$30M |
| Series B | $3M–$45M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 5 | 31% |
| Internet | 3 | 19% |
| E-Commerce | 3 | 19% |
| FinTech | 2 | 13% |
| Video | 1 | 6% |

28 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 19% |
| Series A | 3 | 19% |
| Series B | 3 | 19% |
| Series C | 2 | 13% |
| Series D | 1 | 6% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 9 | 56% |
| Singapore | 1 | 6% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Jupiter | Jupiter is a digital retail bank that specializes in legal, accounting, book-keeping, auditing activities, tax consultancy, market research and public opinion polling, and business and management consultancy. Jupiter is India’s first & only co-created banking experience dedicated to Millenials. | $15M | Venture - Series Unknown | Oct 29, 2025 |  |
| KreditBee | KreditBee is a financial technology company based in India that offers digital lending services, primarily focusing on providing small-ticket personal loans to salaried individuals. The company utilizes technology and data analytics to streamline the loan application and approval process, aiming to make credit more accessible and convenient for itsusers. KreditBee's platform enables users to apply for loans online and receive funds quickly, often within a few hours. | $9.4M | Series D | Mar 29, 2024 |  |
| Shadowfax Technologies Limited | Shadowfax is an on-demand logistics network that provides tech-enabled one stop delivery solutions. Shadowfax’s unique app enables delivery of food, pharmac,y and e-commerce for businesses and helps them create customer delight using technology. With a focus on engineering pleasant experiences for the customers, Shadowfax envisions to become adesirable and trustworthy delivery platform for customers.Shadowfax is a crowdsourced delivery platform with presence in 75+ cities across India and 7000+ daily active delivery personnel. Shadowfax was founded on 2015 and is headquartered in Bangalore, India. | $102.5M | Series E | Feb 27, 2024 |  |
| Nextbillion.ai | Nextbillion.ai aims to deliver a wide range of AI-powered hyperlocal solutions starting with the area of mapping. Nb.ai is working on building the geospatial infrastructure needed for enabling location-based experiences for the next billion users. The complexities in markets like India, Indonesia, and Nigeria are far greater than the traditionaldeveloped countries and we are building the future of location technology. Underdeveloped infrastructure, the rise of megacities, complex addresses, and an ever-changing road network make things even more challenging and we are trying to solve these extremely complex problems using a combination of data, AI, platform, and people. | $3M | Series B | Sep 22, 2022 |  |
| Eka.Care | Eka.Care is a digitally enabled and connected healthcare ecosystem for better health outcomes. The platform, which is available in 12 languages, enables every Indian family to create multiple health profiles, store health records such as vaccination charts for children, developmental milestones, prescriptions, lab reports, and scans and allowssharing of records with healthcare providers. | $15M | Series A | Jul 18, 2022 |  |
| Nextbillion.ai | Nextbillion.ai aims to deliver a wide range of AI-powered hyperlocal solutions starting with the area of mapping. Nb.ai is working on building the geospatial infrastructure needed for enabling location-based experiences for the next billion users. The complexities in markets like India, Indonesia, and Nigeria are far greater than the traditionaldeveloped countries and we are building the future of location technology. Underdeveloped infrastructure, the rise of megacities, complex addresses, and an ever-changing road network make things even more challenging and we are trying to solve these extremely complex problems using a combination of data, AI, platform, and people. | $21M | Series B | May 23, 2022 |  |
| Raise Financial Services | Raise Financial Services offers financial services across financing, insurance, investments, payments, and wealth. | $28M | Series A | Jan 25, 2022 |  |
| Jupiter | Jupiter is a digital retail bank that specializes in legal, accounting, book-keeping, auditing activities, tax consultancy, market research and public opinion polling, and business and management consultancy. Jupiter is India’s first & only co-created banking experience dedicated to Millenials. | $86M | Series C | Dec 27, 2021 |  |
| Bimaplan | Bimaplan operates as an insurance platform. They claims to work with insurers to create over-the-counter, low-premium insurance products relevant to the needs of low- and middle-income populations. | $2.5M | Seed | Aug 21, 2021 |  |
| Jupiter | Jupiter is a digital retail bank that specializes in legal, accounting, book-keeping, auditing activities, tax consultancy, market research and public opinion polling, and business and management consultancy. Jupiter is India’s first & only co-created banking experience dedicated to Millenials. | $45M | Series B | Aug 05, 2021 |  |

10 of 16 investments shown.

## Co-investors
- [3one4 Capital](https://shizune.co/investors/profile/3one4) — VC Fund, 5 deals together
- [BEENEXT](https://shizune.co/investors/profile/bee-next) — VC Fund, 4 deals together
- [Hummingbird Ventures](https://shizune.co/investors/profile/hummingbird-ventures) — VC Fund, 3 deals together
- [2am VC](https://shizune.co/investors/profile/2-am-ventures) — VC Fund, 2 deals together
- [Arkam Ventures](https://shizune.co/investors/profile/arkam-ventures) — VC Fund, 2 deals together
- [Dream Incubator](https://shizune.co/investors/profile/dream-incubator) — VC Fund, 2 deals together

## About Mirae Asset Venture Investment

VC Fund · Seongnam, South Korea

Mirae Asset Venture Investment invests in specialized enterprises and provides technology, funding and management consulting.

5 contacts available at Mirae Asset Venture Investment.

| Name | Title | Profile |
| --- | --- | --- |
| Chirag Heda | Chief Executive Officer | https://shizune.co/investors/profile/ashish-dave |
| Chirag Heda | Chief Executive Officer | https://shizune.co/investors/profile/ashish-dave-128e |
| Eunhye Haley Kim | Senior investment manager | https://shizune.co/investors/profile/eunhye-haley-kim |
| Jinhwan Cho | General Manager | https://shizune.co/investors/profile/jinhwan-cho |
| Ashish Dave | CEO | https://shizune.co/investors/profile/ashish-dave-f5f5 |

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## FAQ

### What does Chirag Heda invest in?

Chirag Heda invests primarily in Financial Services, Internet and E-Commerce startups, most often at Seed and Series A stage. Most of the 16 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Chirag Heda's check size?

Chirag Heda typically joins rounds of $2.5M–$5M at Seed, $15M–$30M at Series A and $3M–$45M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Chirag Heda participates in.

### When did Chirag Heda last invest?

The most recent investment recorded for Chirag Heda closed in Oct 2025. Shizune tracks 16 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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