Jigar K Shah

Avendus | Former Co-founder, 82°E | Former Head of Investments - Deepika Padukone’s family office

📍 India🔄 Updated September 2026💼 8 investments📅 6 years investing🗓 Last invested Sep 2025
VC🌍 IndiaInvested this year
8
Total investments
3
Early stage
1
Mid stage
3
Late stage
6y
Years active

Portfolio

8 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
Sep 2025
With experience from re-selling international baby brands in India, Rabitat is born in 2019 to provide baby and toddlers essentials that are of top-notch quality and value for money. We are careful about each detail in our products that would give a safe and delightful growing journey to your little ones’ and making parenting life easier.
late stageManufacturing
Investor
Mar 2024
PlayShifu is a leading AR toy company revolutionizing the world of tomorrow by providing educational play experiences for kids today. With 16 products that offer unique tactile play experiences for ages 4-12 years, kids build STEAM and other foundational skills such as critical thinking, engineering and geography. PlayShifu’s founders are both parents that wanted to embrace technology as a part of their children’s development. They created a vision to make screen time meaningful, not mindless. Its three toy platforms, Shifu Orboot, Shifu Plugo and Shifu Tacto are loved around the world and are currently available in 15 countries as they make screen time more meaningful through a physical and digital, or as we like to say, phygital experience.
late stageManufacturing
Investor
Sep 2023
Blue Tokai Coffee Roasters is India’s largest and fastest-growing specialty coffee brand, with its headquarters in Gurgaon, India. Launched in 2013 as a roastery, Blue Tokai’s vision is to make great quality Indian coffee more accessible across formats. As pioneers of specialty coffee in India, Blue Tokai has been instrumental in shaping the evolving coffee culture in the country, at par with global standards. Over the years, the company has evolved and expanded its operations with standalone cafés and roasteries across India. Currently, the brand is home to 4 roasteries, over 150 physical outlets across major Indian cities and regions including Delhi NCR, Mumbai, Bangalore, Kolkata, Chandigarh, Mohali and Pune, as well as international operations in Japan and Dubai. In addition to these, Blue Tokai has also partnered with the countrys marquee retail outlets, luxury hotels & restaurants, top corporates and co-working spaces amongst others. With continued support from key investors like A91 Partners, Anicut Capital, 8i Ventures, 12 Flags Group, DSP Blackrock, Negen Capital, Mauryan Capital and White Whale Ventures, amongst others, Blue Tokai continues to lead the specialty coffee category in India, as it also aims to take India’s most-loved coffee to customers the world over. The company ensures highest quality across its offerings, by sourcing the best quality Indian beans and roasting them with expertise to enhance flavours. Blue Tokai aims to make specialty coffee more accessible to consumers through its cafés, brewing classes, website and social media. So far, Blue Tokai has roasted more than 1.2 million kgs of coffee (which means more than 60 million brews!) and served over 5 million cups, making it a customer-favourite.
Investor
May 2021
2 IIT-ians. 1 profound question: Why Not? A decade later, weve changed the entire landscape of fans in India! In 2012, fresh out of college, Manoj Meena and Sibabrata Das set out to revolutionize the world—by solving everyday problems through innovation and tech. It all started with pioneering the use of BLDC motor technology in fans. Atomberg became the first brand to make energy-efficient BLDC fans widely available to Indian consumers. And we began helping households save up to 65% on electricity bills, while also enhancing convenience by adding a remote controlled and IoT-enabled features to our fans. All this, along with thoughtful design tailored to Indian homes and sensibilities. But innovation doesn’t come easy. We faced challenges, slow adoption, and skepticism. So, we adapted—and in a category built by giants, we have established ourselves as the leading BLDC player, with 1 crore+ happy customers as our brand ambassadors. We have also built the largest BLDC manufacturing plant in the country. Along with our supplier partners, we have helped establish an entire ecosystem for manufacturing cutting-edge products, right here in India. Our fan portfolio continues to evolve—from introducing revolutionary sleek fans to silent ceiling fans with exceptional air delivery, and even lightweight BLDC pedestal fans. We’ve also grown a strong presence across exhaust fans and wall fans, all built with advanced BLDC technology. India’s No.1 BLDC fans with 1 crore+ happy customers. Recently, Atomberg has expanded into categories like kitchen appliances with mixer grinders powered by intelligent motors, and even smart home security with our smart locks. And with more category-defining, technologically advanced products in the pipeline, we’ll continue doing what we do best: solving unseen customer problems. What started as a passion project by two techies is now a well-loved Indian home appliance brand with ₹1,000 crore+ in revenue, and growing rapidly.
Investor
Apr 2021
Zero Irritation period care beloved by nearly 20+ lakh women and girls each month! At Nua, our mission is to reimagine women’s wellness with the care and attention it has always deserved - not the superficial solutions it’s often received. We look closely at your everyday frictions and the needs you manage quietly, then ask: how can we make this easier? How can we truly support your well-being in a way that’s personal to you? Since 2017, we’ve been building products with women, not just for them. Starting with our Complete Comfort Pad - India’s first 100% toxic-free pad designed for zero irritation - we’ve continued to listen, learn, and innovate. Guided by our philosophy, “Thought Around You,” we put you at the centre of everything we do, so your wellness journey, from puberty to menopause, feels easier, better, and truly cared for. Discover more at www.nuawoman.com.
Investor
Apr 2021
At Supertails, we’ve spent the last four years wagging, purring, growing, and glowing...all thanks to the incredible community of pet parents who’ve believed in us. Our mission? To be your friendly neighbourhood pet parenting sidekick, making every step of your pet care journey easier! From launching three state-of-the-art pet clinics in Bengaluru with Fear-Free certified vets, to expanding our online store with everything from food to fashion, weve gone all out to give your furry friend everything they deserve! In the past year alone, we’ve: 🐾 Partnered with some of India’s biggest petfluencers 🐾 Distributed 1000 kg of food to streeties across the country 🐾 Crossed the 4 lakh mark in our growing community of pet parents And we’re just getting started. Follow our journey, the chaos, the cuteness, and everything in between, here on LinkedIn and over on Instagram: @supertails.official 💚
Investor
Mar 2021
We design products that fly We don’t build spaceships, but if we did, we’d kick a** at it. That’s because we love geeking over every last detail in your Mokobara. From the super silent ninja wheels to the colour matched premium zippers. We also follow the highest standards of quality testing. The ultimate test being airport mishandling. Because while we may not be going to space (anytime soon), we sure as heck can make you feel like you’re floating every time you step out. ------------------------------------------------------ We also design pretty fly products Travel is exciting. Travel is colourful. We believe your Mokobara should reflect that. A running joke at Mokobara is that we’re the creators of the most identified flying objects. That’s because our products are designed to stand out. With a fresh colour palette and a dreamy design, we don’t settle until every product looks like an absolute snacc. ------------------------------------------------------ P.S. We’re not a luggage company! We’re a design-first brand on a mission to elevate the joy of travel for everyone. Whether you’re going to a new city or to break the curse of Tutankamen, we’ve designed something for everyone #GoingPlaces We are always looking out for fellow travellers who can join our movement! Hit us up on careers@mokobara.com :)
early stageRetail
Investor
Dec 2020
FrontRow has shut operations. Reach out to care@frontrow.co.in for any queries
Experience · 14 entries
All (14)
Investments (8)
Founder (2)
2025
Investor
Sep 2025
With experience from re-selling international baby brands in India, Rabitat is born in 2019 to provide baby and toddlers essentials that are of top-notch quality and value for money. We are careful about each detail in our products that would give a safe and delightful growing journey to your little ones’ and making parenting life easier.
late stageManufacturing
Executive Director - Head Venture Capital & Private Equity
Apr 2025
Founded in 1999, Avendus partners with high-performing entrepreneurs, institutions, and wealth creators to discover potential and shape success at every stage of their journey. We offer bespoke solutions in Investment Banking, Institutional Equities, Wealth Management, Asset Management, and Credit Solutions. With 600+ Avenders across 11 cities in India, the US, and Southeast Asia, we operate at the intersection of the most discerning pools of capital and India’s most dynamic value creators, connecting the right opportunities at the right time with intent and precision. Backed by strong networks across private and public funds, strategics, and family offices, and nearly 2,500+ trusted client relationships, we combine insight, access, and flawless execution. Our expertise spans six high-impact sectors and 50+ sub-sectors, enabling us to identify and unlock unique value creation opportunities for our clients.
2024
Investor
Mar 2024
PlayShifu is a leading AR toy company revolutionizing the world of tomorrow by providing educational play experiences for kids today. With 16 products that offer unique tactile play experiences for ages 4-12 years, kids build STEAM and other foundational skills such as critical thinking, engineering and geography. PlayShifu’s founders are both parents that wanted to embrace technology as a part of their children’s development. They created a vision to make screen time meaningful, not mindless. Its three toy platforms, Shifu Orboot, Shifu Plugo and Shifu Tacto are loved around the world and are currently available in 15 countries as they make screen time more meaningful through a physical and digital, or as we like to say, phygital experience.
late stageManufacturing
2023
Investor
Sep 2023
Blue Tokai Coffee Roasters is India’s largest and fastest-growing specialty coffee brand, with its headquarters in Gurgaon, India. Launched in 2013 as a roastery, Blue Tokai’s vision is to make great quality Indian coffee more accessible across formats. As pioneers of specialty coffee in India, Blue Tokai has been instrumental in shaping the evolving coffee culture in the country, at par with global standards. Over the years, the company has evolved and expanded its operations with standalone cafés and roasteries across India. Currently, the brand is home to 4 roasteries, over 150 physical outlets across major Indian cities and regions including Delhi NCR, Mumbai, Bangalore, Kolkata, Chandigarh, Mohali and Pune, as well as international operations in Japan and Dubai. In addition to these, Blue Tokai has also partnered with the countrys marquee retail outlets, luxury hotels & restaurants, top corporates and co-working spaces amongst others. With continued support from key investors like A91 Partners, Anicut Capital, 8i Ventures, 12 Flags Group, DSP Blackrock, Negen Capital, Mauryan Capital and White Whale Ventures, amongst others, Blue Tokai continues to lead the specialty coffee category in India, as it also aims to take India’s most-loved coffee to customers the world over. The company ensures highest quality across its offerings, by sourcing the best quality Indian beans and roasting them with expertise to enhance flavours. Blue Tokai aims to make specialty coffee more accessible to consumers through its cafés, brewing classes, website and social media. So far, Blue Tokai has roasted more than 1.2 million kgs of coffee (which means more than 60 million brews!) and served over 5 million cups, making it a customer-favourite.
2021
Investor
May 2021
2 IIT-ians. 1 profound question: Why Not? A decade later, weve changed the entire landscape of fans in India! In 2012, fresh out of college, Manoj Meena and Sibabrata Das set out to revolutionize the world—by solving everyday problems through innovation and tech. It all started with pioneering the use of BLDC motor technology in fans. Atomberg became the first brand to make energy-efficient BLDC fans widely available to Indian consumers. And we began helping households save up to 65% on electricity bills, while also enhancing convenience by adding a remote controlled and IoT-enabled features to our fans. All this, along with thoughtful design tailored to Indian homes and sensibilities. But innovation doesn’t come easy. We faced challenges, slow adoption, and skepticism. So, we adapted—and in a category built by giants, we have established ourselves as the leading BLDC player, with 1 crore+ happy customers as our brand ambassadors. We have also built the largest BLDC manufacturing plant in the country. Along with our supplier partners, we have helped establish an entire ecosystem for manufacturing cutting-edge products, right here in India. Our fan portfolio continues to evolve—from introducing revolutionary sleek fans to silent ceiling fans with exceptional air delivery, and even lightweight BLDC pedestal fans. We’ve also grown a strong presence across exhaust fans and wall fans, all built with advanced BLDC technology. India’s No.1 BLDC fans with 1 crore+ happy customers. Recently, Atomberg has expanded into categories like kitchen appliances with mixer grinders powered by intelligent motors, and even smart home security with our smart locks. And with more category-defining, technologically advanced products in the pipeline, we’ll continue doing what we do best: solving unseen customer problems. What started as a passion project by two techies is now a well-loved Indian home appliance brand with ₹1,000 crore+ in revenue, and growing rapidly.
Show all 14 entries ↓
Investment activity
2020–2025 · 8 investments
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