# MABS

> MABS is a VC fund in Ahmedabad backing Manufacturing, Food and Beverage and CRM. See 13 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Ahmedabad, India
- Total investments: 13
- Last investment: May 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mabsindia/
- X (Twitter): https://twitter.com/pranav_san
- Website: http://www.mabsindia.com/

MABS is a VC fund in Ahmedabad focused on Manufacturing and Food and Beverage. MABS is the Office of the Shanghvi Family. We are involved with Real Estate, Retail & Private Equity Investments. We are on the constant lookout for startup investments across various sectors.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $400k–$2M |
| Venture - Series Unknown | $150k–$60M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 15% |
| Food and Beverage | 2 | 15% |
| CRM | 1 | 8% |
| Consumer | 1 | 8% |
| Software | 1 | 8% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 31% |
| Funding Round | 1 | 8% |
| Venture - Series Unknown | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Skyroot Aerospace | Skyroot Aerospace is an aerospace manufacturer and launch service provider developing launch vehicles for cost-effective access to space. Skyroot builds technologies for responsive, reliable, and economic access to space. They envision a future where spaceflight is as regular, reliable, and affordable as air flight. | $60M | Venture - Series Unknown | May 07, 2026 |  |
| Nirmalaya | Nirmalaya is a direct-to-consumer brand that sells chemical-free, low-carbon, and environmentally friendly natural incense and fragrance items. | $800K | Seed | Sep 26, 2022 |  |
| The Healthy Company | The Healthy Company is a superfood and AI health venture. |  | Seed | Jul 21, 2022 |  |
| Growfitter | Growfitter is a gamified digital health reward platform that adds financial benefits to your physical activity. Growfitter offers goal-based rewards (short, mid & long term) from consumer health and wellness brands and retail financial services from credit cards to health insurance for 30 mins walking, running, cycling, & health quiz on adaily basis. Growfitter partners with the best premium brands to bring an exciting buffet of lifestyle rewards on completing their fitness goals. | $1M | Seed | Mar 16, 2022 |  |
| The Gourmet Jar | The Gourmet Jar manufactures jams with flavors. The company manufactures and sells artisanal jams, relishes, mustards, preserves, and marmalades. | $150K | Venture - Series Unknown | Dec 27, 2021 |  |
| Flo Mobility | Flo Mobility builds an autonomous technology for electric two-wheelers vehicles. Flo Mobility was founded in 2018 and was headquartered in Banglore, India. | $400K | Seed | Dec 20, 2021 |  |
| Flo Mobility | Flo Mobility builds an autonomous technology for electric two-wheelers vehicles. Flo Mobility was founded in 2018 and was headquartered in Banglore, India. | $400K | Pre-Seed | Dec 20, 2021 |  |
| Supplynote | Supplynote is a pioneering B2B platform in the food and beverage industry, founded with the mission to streamline and digitalize the supply chain management process for food businesses. We are committed to simplifying procurement by connecting restaurant owners and suppliers, ensuring transparency, efficiency, and cost-effectiveness. By offeringsolutions including automated purchasing, vendor management, and real-time inventory tracking, we empower businesses to focus more on their core competencies. Since our inception, we've been continuously innovating, driven by a passion for revolutionizing the food industry's logistics and inventory management dynamics. | $1.2M | Seed | Oct 28, 2021 |  |
| Hesa | Hesa unifies value chains in rural India by enabling local brands and businesses to come together as a community. | $2M | Seed | Jun 30, 2021 |  |
| Intents Mobi | Mobile analytics, Logistics, Transportation, Fleet Management, Data Analytics | $600K | Seed | Apr 20, 2021 |  |

10 of 13 investments shown.

## Co-investors
- [DevX](https://shizune.co/investors/profile/dev-accelerator-private-limited) — VC Fund, 7 deals together
- [Faad Network](https://shizune.co/investors/profile/faad-network) — VC Fund, 3 deals together
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund, 3 deals together
- [QI Ventures](https://shizune.co/investors/profile/qi-ventures) — VC Fund, 3 deals together
- [Venture Catalysts](https://shizune.co/investors/profile/venturecatalysts) — VC Fund, 3 deals together
- [Blume Ventures](https://shizune.co/investors/profile/blume-ventures) — VC Fund, 2 deals together

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## FAQ

### What does MABS invest in?

MABS invests primarily in Manufacturing, Food and Beverage and CRM startups, most often at Seed and Funding Round stage. Most of the 13 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is MABS's check size?

MABS typically joins rounds of $400k–$2M at Seed and $150k–$60M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds MABS participates in.

### When did MABS last invest?

The most recent investment recorded for MABS closed in May 2026. Shizune tracks 13 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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