# Ashish Dhawan

> Ashish Dhawan is a Series A investor at The Convergence Foundation backing Food and Beverage. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [The Convergence Foundation](https://shizune.co/investors/profile/the-convergence-foundation)
- Location: New Delhi, India
- Total investments: 7
- Last investment: Dec 2023
- Lead investor: 14%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/ashish-dhawan-241112
- Website: https://x.com/ashishdhawantcf
- Facebook: https://www.facebook.com/ashish.dhawan.549

Ashish Dhawan is a Series A investor at The Convergence Foundation in New Delhi focused on Food and Beverage and Snack Food. Ashish Dhawan is the Founder and CEO of The Convergence Foundation. He previously worked at ChrysCapital as a Founder and Senior Managing Director. Ashish Dhawan attended Harvard Business School.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $3.3M–$6M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Food and Beverage | 3 | 43% |
| Snack Food | 2 | 29% |
| Banking | 1 | 14% |
| Brewing | 1 | 14% |
| Fashion | 1 | 14% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 29% |
| Series B | 2 | 29% |
| Seed | 1 | 14% |
| Funding Round | 1 | 14% |
| Post-IPO Equity | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Burger Singh | Burger Singh operates a quick-service restaurant brand that prepares burgers inspired by Indian flavors and street food influences. The menu includes a range of vegetarian and non-vegetarian burgers, along with sides, beverages, and combo meals. It incorporates regional spices and sauces into standard fast food formats to create localizedvariations of burgers and snacks.The company manages dine-in, takeaway, and delivery formats, supported by digital ordering channels and partnerships with food delivery platforms. It also develops menu variations and limited-time offerings based on customer preferences and seasonal trends. Burger Singh structures its operations to support franchise and company-run outlets while maintaining consistent menu preparation and service processes. |  | Series B | Dec 14, 2023 |  |
| Equitas Small Finance Bank | Equitas Small Finance Bank provides microfinance loans promoting financial inclusion through housing finance, vehicle finance, and MSE finance. It provides a new banking option for children, youth, families, and small businesses throughout India. They are also working to change the way banking is envisioned, delivered, and experienced. |  | Post-IPO Equity | Mar 17, 2023 |  |
| Burger Singh | Burger Singh operates a quick-service restaurant brand that prepares burgers inspired by Indian flavors and street food influences. The menu includes a range of vegetarian and non-vegetarian burgers, along with sides, beverages, and combo meals. It incorporates regional spices and sauces into standard fast food formats to create localizedvariations of burgers and snacks.The company manages dine-in, takeaway, and delivery formats, supported by digital ordering channels and partnerships with food delivery platforms. It also develops menu variations and limited-time offerings based on customer preferences and seasonal trends. Burger Singh structures its operations to support franchise and company-run outlets while maintaining consistent menu preparation and service processes. |  |  | Nov 17, 2019 |  |
| Slurrp Farm | Slurrp Farm story begins when both of us (Meghana Narayan and Shauravi Malik) first started to look for high quality and healthy food options for their own children. Upon intensive research, they found a similar sentiment being shared by parents of other young children too. Realising the huge gap of available options that passed their own scrutiny,they decided to embark on a journey to provide healthy, tasty and natural food for children. | $1M | Seed | Jun 01, 2018 |  |
| Acko | Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and relatedsectors. It has also expanded its catalog and began offering similar policies in healthcare. The company was co-founded by Varun Dua and Ruchi Deepak in 2016. | $12M | Series B | May 27, 2018 |  |
| LatestOne | LatestOne are a team of excessively cool people working day and night to bring you the most awesome products and the most awesome prices. Here at Latestone.com, their focus is on customer satisfaction. They aspire to provide their customers the best experience, and they back it up with uncompromising integrity. Plus humor, fun, and good looks(take their word for it!) | $3.3M | Series A | Mar 15, 2017 |  |
| Bira 91 | Bira 91 is a craft beer brand that produces and offers 5 flavorful varieties in its portfolio.The company's five beers, Bira 91 White, a low bitterness wheat beer, Bira 91 Blonde, an extra hoppy craft lager, Bira 91 Light, a low-calorie lunchtime lager, Bira 91 Strong, a high intensity, high alcohol wheat beer, and Bira 91 “The IPA”, thefirst IPA brewed and bottled in locally. It operates four breweries and is backed by Sequoia Capital India, Sofina, Sixth Sense Ventures, Neoplux, and Kirin Holding.Ankur Jain established the New Delhi, Delhi, India-based company in 2015. | $6M | Series A | Jan 06, 2016 |  |

7 of 7 investments shown.

## Co-investors
- [RB Investments Pte. Ltd.](https://shizune.co/investors/profile/rb-investments) — VC Fund, 2 deals together
- [Amazon](https://shizune.co/investors/profile/amazon) — VC Fund, 1 deal together
- [Catamaran](https://shizune.co/investors/profile/catamaran-ventures) — VC Fund, 1 deal together
- [LVX Ventures](https://shizune.co/investors/profile/letsventure) — VC Fund, 1 deal together
- [Mumbai Angels](https://shizune.co/investors/profile/mumbai-angels) — VC Fund, 1 deal together
- [Negen Capital Services](https://shizune.co/investors/profile/negen-capital-services) — VC Fund, 1 deal together

## About The Convergence Foundation

VC Fund



1 contacts available at The Convergence Foundation.

| Name | Title | Profile |
| --- | --- | --- |
| Ashish Dhawan | Founder and CEO | https://shizune.co/investors/profile/ashish-dhawan |

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## FAQ

### What does Ashish Dhawan invest in?

Ashish Dhawan invests primarily in Food and Beverage, Snack Food and Banking startups, most often at Series A and Series B stage. Most of the 7 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ashish Dhawan's check size?

Ashish Dhawan typically joins rounds of $3.3M–$6M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ashish Dhawan participates in.

### When did Ashish Dhawan last invest?

The most recent investment recorded for Ashish Dhawan closed in Dec 2023. Shizune tracks 7 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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