About Dhaval Shah
Dhaval Shah is an entrepreneur, an angel investor and a board member based out of Mumbai, India. They did their Masters from XLRI Xavier School of Management in 2014. Their journey in the startup ecosystem started in 2012 through API Holdings. Dhaval Shah has founded 2 companies. They are currently acting as the, and as the co-founder of API Holdings and PharmEasy. As an angel investor, Dhaval Shah has a portfolio of 2 companies, focusing primarily on sectors like Enterprise Applications, Consumer and 2 more sectors. They invest in companies across India. Their most notable investments are API Holdings and Sarvam Properties. Dhaval Shah is currently serving as a board member at Thyrocare and AllHome.
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Mumbai, India
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Dhaval Shah's Investments
Dhaval Shah has invested in 2 companies. Their most recent investment was in Sarvam Properties (Angel Round) on Nov 21, 2025. Their investments are primarily in Enterprise Applications, Consumer and 2 more sectors. Their investment portfolio companies are located in India.Here are the details of all recent investments by Dhaval Shah:
Date | Company | Round | Round Amount | Co-Investors |
|---|---|---|---|---|
Nov 21, 2025 | Angel | Undisclosed | and 1 more | |
Nov 19, 2020 | Series C | $74M |
Dhaval Shah's Portfolio Unicorns
Dhaval Shah has 1 unicorn in the portfolio which is API Holdings.
Here is the detail of this portfolio unicorn:
Company | Short Description | Total Funding | Founded Year | Current Stage | Location |
|---|---|---|---|---|---|
Digital healthcare management tool | $1.19B | 2012 | Series F | Mumbai |
Dhaval Shah's Founded Companies
Dhaval Shah has founded 2 companies namely API Holdings and PharmEasy.
Here are the details of all founded companies by Dhaval Shah:
Company | Short Description | Total Funding | Founded Year | Current Stage | Location |
|---|---|---|---|---|---|
Digital healthcare management tool | $1.19B | 2012 | Series F | Mumbai | |
Online medical store offering pharmaceutical products and diagnostic services | $688M | 2015 | Series F | Mumbai |
Dhaval Shah's Board Memberships
Dhaval Shah has 2 current board memberships namely Thyrocare and AllHome.Here are the details of all board memberships by Dhaval Shah:
Company | Description | Total Funding | Current Stage | Membership Status | Appointment Date | Cessation Date |
|---|---|---|---|---|---|---|
Chain of diagnostic and preventive care laboratories centers | $63.6M | Acquired | CURRENT | Oct 06, 2021 | - | |
Provider of interior design and architecture planning services through a collective of specialist brands covering multi-categories of home improvement products | $46.5M | Series B | CURRENT | Nov 29, 2024 | - |
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