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Single Family OfficePuts its own capital into companiesLAST VERIFIED Oct 2026 · 4 SOURCES

MABS Enterprises

Ahmedabad investment office of the Shanghvi family (textile machinery and foundry) investing in early-stage startups, real estate and retail.

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Family & background

FAMILY
Shanghvi
WEALTH ORIGIN
Textile machinery manufacturing and foundry
HEADQUARTERS
Ahmedabad, India
OFFICES
Ahmedabad · Mumbai
FOUNDED
2019

Investment approach

ROUTES
Companies (own capital)
STRATEGIES
Direct investmentsVenture capitalReal estate

Overview

MABS Enterprises LLP is the office of the Shanghvi family, whose core businesses are textile machinery manufacturing and foundries in Ahmedabad (including Laxmi Shuttleless Looms and Shanghvi Founders & Engineers). Alongside these businesses it looks for investments in real estate, retail and startups, backing early-stage founders. Its listed portfolio spans technology, cloud kitchens, financial services, healthcare and consumer brands, including Bigspoon Foods, Financepeer, Quixote, ExtraaEdge and Flo Mobility.

Investment thesis

Partner with young founders building sustainable businesses, with long-term horizons and trust in founders.

Holdings & investments (14)

  • Bigspoon Foods
    Consumer & E-commerce
  • Quixote
    Mobility & Logistics
  • Financepeer
    Fintech
  • Intents Mobi
    Mobility & Logistics
  • ExtraaEdge
    Software & SaaS
  • The Healthy Company
    HealthTech
  • Plutomen
    Software & SaaS
  • Hesa
    Software & SaaS
  • Flo Mobility
    Mobility & Logistics
  • The Gourmet Jar
    Consumer & E-commerce
  • SupplyNote
    Software & SaaS
  • Growfitter
    HealthTech
  • Algomage
    Software & SaaS
  • Nirmalaya
    Consumer & E-commerce

People

  • Pranav Sanghvi
    Principal (Investments) · source
  • Divyang Shanghvi
    Partner · source
  • Ketan Sanghvi
    Partner · source
  • Nimish Sanghvi
    Partner · source
  • Hemang Shanghvi
    Partner · source

Frequently asked questions

MABS Enterprises is a single family office based in Ahmedabad, India, founded in 2019.

MABS Enterprises invests on behalf of the Shanghvi family (Textile machinery manufacturing and foundry).

MABS Enterprises invests its own capital into companies. Its stated asset mix includes direct investments, venture capital and real estate.

MABS Enterprises invests in Real Estate & PropTech, Consumer & E-commerce, Fintech, HealthTech, Software & SaaS and Mobility & Logistics.

Key people at MABS Enterprises include Divyang Shanghvi (Partner), Ketan Sanghvi (Partner), Nimish Sanghvi (Partner) and Hemang Shanghvi (Partner).

MABS Enterprises's holdings and investments include Bigspoon Foods, Quixote, Financepeer, Intents Mobi, ExtraaEdge, The Healthy Company, Plutomen and Hesa, among others.