CompanyIndiaUpdated Apr 5, 2026
MABS

MABS

MABS: Investor, Limited Partner • focus on Venture Capital • active in India • offices in India.

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Company Profile

MABS Enterprises LLP operates as the family office for the Shanghvi Family, an Indian business group with a five-decade legacy in Textile Machinery Manufacturing and Foundry. The firm extends its investment activities beyond the family's core industrial businesses, actively seeking opportunities within the Real Estate, Retail, and broader startup ecosystems. MABS is committed to fostering long-term partnerships with innovative entrepreneurs, aiming to build sustainable businesses through ethical practices and a trust-based approach.

The firm was established in 2019, building upon the Shanghvi Family's extensive experience in scaling enterprises. MABS adopts a founder-friendly investment philosophy, providing not only financial capital but also leveraging its partners' experience, expertise, and global network to support early-stage companies. They prioritize ideas that demonstrate strong problem-solving capabilities and have the potential for long-term, sustainable growth.

MABS has cultivated a diverse portfolio across various sectors, including Technology, Cloud Kitchens, Financial Services, and Healthcare. Notable investments include Bigspoon Foods, a multi-brand cloud kitchen company; Quixote, a technology firm focused on advanced telematics and autonomous driving; Financepeer, an education fintech startup; Intents Mobi, offering road safety tech solutions; ExtraEdge, a sales and marketing software for educational institutions; The Healthy Company, specializing in natural superfood products and health coaching; Plutomen, enabling digital transformation through Augmented & Virtual Reality; Hesa, a RuralTech startup; Flo Mobility, providing Autonomy-as-a-Service; The Gourmet Jar, a woman-led startup for handmade condiments; SupplyNote, a cloud-based inventory management suite; and Growfitter, a gamified digital health reward platform.

The MABS team comprises experienced professionals, including partners like Divyang Shanghvi and Hemang Shanghvi, who bring decades of industrial and technical expertise from the family's core businesses. Pranav Sanghvi, as Principal of Investments, focuses on investment strategy, new opportunities, and due diligence. The partners are dedicated to staying abreast of advancements in business and technology, actively integrating new ideas into both their investment strategies and core manufacturing operations.

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