Ashish Dave

Venture Capital Maharashtra, India

Overview

Ashish Dave is a seasoned venture capitalist with over 20 years of experience in the Indian startup ecosystem. He has been instrumental in leading growth and late-stage technology investments, focusing on sectors such as consumer internet, fintech, logistics, edtech, social media, and financial services. His investment portfolio includes notable companies like Ola Cabs, BigBasket, Zomato, Shadowfax, Zolo Stays, KreditBee, Raise Financial Services (Dhan Broking App), Jai Kisan, Unacademy, ShareChat, Ummeed Housing Finance, SK Finance, and Jupiter. Prior to his tenure at Mirae Asset Venture Investments, Dave held significant roles at Kalaari Capital and Mumbai Angels Network, where he was actively involved in sourcing new opportunities and supporting existing portfolio companies. His expertise spans deal sourcing, investment evaluation, execution, and portfolio management. He also served as an Adjunct Professor at IE Business School and Stoa School, sharing his knowledge with aspiring entrepreneurs. In June 2025, after a seven-year tenure, Dave stepped down as CEO of Mirae Asset Venture Investments. Under his leadership, the firm invested approximately $350 million in India, building a diverse portfolio across various sectors. His departure marked a significant transition for the firm, which appointed Puneet Kumar as the new CEO in January 2026 to continue its investment activities in India. Despite his departure, Dave's contributions have left a lasting impact on the Indian venture capital landscape.

Investment Focus

  • Mission-driven entrepreneurs
  • Sustainable business models
  • Excellent governance

Portfolio Companies

ShareChatZomatoBigBasketShadowfaxJai KisanJupiterUnacademyRaise Financial ServicesOla CabsKreditBeeUmmeed Housing FinanceZolo StaysSK Finance

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Frequently asked questions about Ashish Dave

What sectors does Ashish Dave invest in?

Ashish Dave invests in Financial Services, Technology, EdTech, FinTech, Logistics and Consumer Internet, and is based in Maharashtra, India. Ashish Dave is listed as a venture capital in the ConnectSafely investor database.

What stage does Ashish Dave invest at?

Ashish Dave backs companies at Early Stage, Growth and Late Stage, writing cheques of 500K - 50M.

Which regions does Ashish Dave invest in?

Ashish Dave invests across India.

What companies has Ashish Dave invested in?

Ashish Dave's portfolio includes ShareChat, Zomato, BigBasket, Shadowfax, Jai Kisan, Jupiter, Unacademy and Raise Financial Services.

Last updated · Source: ConnectSafely investor database