Ashok Goel Family Office

Ashok Goel Trust, operating under the umbrella of the Ashok Goel Family Office, is an investment firm based in Mumbai, India. Established in 2014 by Ashok Kumar Goel, the trust manages the financial affairs and investments of the Goel family. The firm's philosophy, "Profit With Purpose," emphasizes giving back to society and making a lasting difference. It oversees a diverse portfolio of businesses across various sectors, including entertainment, commodity trading, farming, and strategic investments.

The firm is actively involved in incubating and funding startup companies and individual entrepreneurs, often in collaboration with other fund managers like Blue Ashva Capital. A core focus of their investment strategy is on Environment, Social, and Governance (ESG) principles, with a particular emphasis on decarbonization and supporting the 'Make in India' initiative. Ashok Kumar Goel, as the Founder and Managing Trustee, is deeply involved in mentoring founders and providing strategic guidance to investee companies. The family office consciously avoids investments in industries such as lotteries, gambling, alcohol, and meat products, aligning with its commitment to sustainability and positive social impact.

Ashok Goel Family Office has made notable investments in a range of companies. These include Renovel Innovations, a US-based molecules discovery company focused on health conditions like diabetes and cancer, and Bambrew, which operates in the retail and environment technology sectors. The firm has also supported companies like ItzCash in financial services, YouKraft in EdTech and enterprise applications, and GetVantage. Through its partnership with Blue Ashva Capital, the family office directs funds towards businesses in the decarbonization and deep-tech space.

The leadership team includes Ashok Kumar Goel as the Founder & CEO, and Anoop Tulsyan as the Group Chief Financial Officer, who brings over two decades of experience in financial services and investments, including private equity. The firm's approach combines astute financial management with a strong commitment to fostering sustainable and impactful ventures, both domestically in India and internationally.