- Birthday: 02. July 1941
- Birthplace: Goa
Ashalata Wabgaonkar (born 2 July 1941 in Goa, India) who is commonly known as Ashalata, is an Indian actress. Originally from Goa, she was associated with the Goa Hindu Association. She first started performing in Konkani and Marathi plays.
She has acted in more than 100 Hindi and Marathi movies. Some of her Marathi plays are Guntata Hridhya He, Varyavarchi Varaat, Chinna (with Smita Patil and Sadashiv Amrapurkar) and Mahananda. Her Marathi stage career took off with the musical play Matsyagandha. She was introduced in Hindi films by Basu Chatterjee in Apne Paraye (along with Bharati Achrekar) for which she was nominated for Filmfare Award for Best Supporting Actress. She starred in films such as Ankush (1986), Apne Paraye (1980), Ahista Ahista, Shaukeen, Woh Saat Din, Namak Halaal and Yaadon Ki Kasam (1985). She received training in classical music and is a fine Marathi Natyasangeet singer. Some of her Marathi films are Umbartha, Sutradhar, Navri Mile Navryala and Vahinichi Maya.