# Ashv Finance

> Ashv Finance is a VC fund in Mumbai backing Financial Services and Rental. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 3
- Last investment: Dec 2020
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): https://www.twitter.com/intellegrow
- Website: https://intellegrow.com

Ashv Finance is a VC fund in Mumbai focused on Financial Services and Rental. IntelleGrow serves the ‘missing middle’ enterprises working in sectors which make a positive Environmental, Social and Governance Impact. IntelleGrow offers debt without limiting them on their vintage or the security value offered for the loan – instead, the proposition is based on trajectory of business cashflows. It is not only lending from itsBalance Sheet but also syndicating and arranging debt from other sources – gradually emerging as a debt solutions provider for ‘early-stage’, ‘high-growth’ small and growing businesses (SGB) in India.

## Contacts

5 contacts available for Ashv Finance. Shizune tracks 4 team members at Ashv Finance. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/intellegrow?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 2 | 67% |
| Rental | 1 | 33% |
| Banking | 1 | 33% |
| FinTech | 1 | 33% |
| Finance | 1 | 33% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 1 | 33% |
| Post-IPO Debt | 1 | 33% |
| Debt Financing | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kalpesh Desai | Chief Business Officer | 0 | https://shizune.co/investors/profile/kalpesh-desai-d721 |
| Kiran Agarwal Todi | Chief Financial Officer | 0 | — |
| Nikesh Kumar Sinha | CEO & Founder | 0 | — |
| Vineet Rai | Chairman & Founder | 12 | https://shizune.co/investors/profile/vineet-rai |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Moneyboxx Finance | Moneyboxx Finance provides easy access to financing to the deserving micro enterprises. | $1.4M | Post-IPO Debt | Dec 21, 2020 | http://www.moneyboxxfinance.com/ |
| slice | slice, feel easy with money.slice’s purpose is to make the world better at using money and time, with a major focus on building the best consumer experience for your money. We’ve all felt how slow, confusing, and complicated banking can be. So, we’re reimagining it. We’re building every product from scratch to be fast, transparent, and feel good,because we believe that the best products transcend demographics, like how great music touches most of us.Our cornerstone products and services: slice savings account, slice UPI credit card, slice UPI, slice UPI ATMs, slice fixed deposits, slice borrow, and UPI-powered bank branch are designed to be simple, rewarding, and completely in your control. At slice, you’ll get to build things you’d use yourself and shape the future of banking in India. We tailor our working experience with the belief that the present moment is the only real thing in life. And we have harmony in the present the most when we feel happy and successful together.We’re backed by some of the world’s leading investors, including Tiger Global, Insight Partners, Advent International, Blume Ventures, and Gunosy Capital. | $5.2M | Debt Financing | Nov 11, 2020 | https://sliceit.com |
| Furlenco | Furlenco is a home furniture subscription program based out of Bangalore. Founded by Ajith Karimpana in 2012, Furlenco was born out of his frustration at finding well-designed, sophisticated, and affordable furniture to rent for his home.Furlenco offers a range of curated home furniture experiences, designed to suit the lifestyle needs of variedaudiences spanning students to families and expatriates. The company's solutions are convenient, cost-effective and offer access to quality furniture with the added advantage of being able to exchange it at will depending on the client's requirements. |  | Series B | Oct 18, 2016 | http://www.furlenco.com |

3 of 3 investments shown.

## Co-investors
- [Ashv Finance](https://shizune.co/investors/profile/ashv-finance) — VC Fund, 2 deals together
- [Axis Bank](https://shizune.co/investors/profile/axis-bank) — VC Fund, 1 deal together
- [AXIS](https://shizune.co/investors/profile/axis-capital-holdings-limited) — VC Fund, 1 deal together
- [BlackSoil](https://shizune.co/investors/profile/blacksoil) — VC Fund, 1 deal together
- [Caspian Debt](https://shizune.co/investors/profile/caspian-debt) — VC Fund, 1 deal together
- [Caspian Impact Investments](https://shizune.co/investors/profile/caspian-impact-investments) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Ashv Finance invest in?

Ashv Finance invests primarily in Financial Services, Rental and Banking startups, most often at Series B and Post-IPO Debt stage. Most of the 3 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Ashv Finance?

Public channels for Ashv Finance include X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Ashv Finance?

The team at Ashv Finance includes Kalpesh Desai (Chief Business Officer), Kiran Agarwal Todi (Chief Financial Officer) and Nikesh Kumar Sinha (CEO & Founder). The Team section lists each member with their title, investment count and links.

### 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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