Ashok Goel Family Office
Also known as Ashok Goel Trust
Mumbai trust of Ashok Kumar Goel, run from the Ashok Goel Family Office; owns amusement parks, a coffee estate and trading units and invests in ESG-focused start-ups.
USEFUL FOR Fund managers raising capital · Co-investors
Family & background
- HEADQUARTERS
- Mumbai, India
- FOUNDED
- 2014
Investment approach
- GEOGRAPHY
- India
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsVenture capitalFunds (as LP)Impact
Overview
Ashok Goel Trust, operational since 2014 and managed from the Ashok Goel Family Office in Mumbai, is an umbrella entity for businesses in entertainment (Water Kingdom, EsselWorld Bird Park and Tic Tac Tot via Vyoman Infraprojects), commodity trading, coffee and areca-nut processing, and investments. It invests in ESG- and decarbonisation-focused businesses developed in India, directly and through Blue Ashva Capital's Blue Ashva Sampada Fund, and has backed Renovel Innovations, a US molecule-discovery company. It states it avoids investments in lotteries, gambling, alcohol and meat products, and runs philanthropy through the Vaibbhav Ashok Goel Foundation.
Investment thesis
Directs investments to decarbonisation-focused, home-grown businesses that support 'Make in India', with active mentoring of founders; avoids lotteries, gambling, alcohol and meat products.
Holdings & investments (4)
INVESTMENT ARMS & VEHICLES
- Vyoman India Pvt. Ltd.Commodity trading, advisory, consulting, investing, real estate and coffee estate
- Charitable foundation
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Renovel InnovationsHealthTech
- Blue Ashva Sampada Fund (Blue Ashva Capital)
- Vyoman Infraprojects (Water Kingdom, EsselWorld Bird Park, Tic Tac Tot)
- Essel Propack (now EPL Limited)Exited
People
Frequently asked questions
Ashok Goel Family Office is a family holding based in Mumbai, India, founded in 2014.
Ashok Goel Family Office invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, venture capital, funds (as lp) and impact.
Ashok Goel Family Office invests in Climate & Energy, Deep Tech, Fintech, Industrial & Manufacturing and HealthTech.
Key people at Ashok Goel Family Office include Ashok Kumar Goel (Founder and CEO; Managing Trustee), Kaveeta Goel (Trustee), Ramesh Chander Gupta (Director) and Manish Goenka (Group CFO).
Ashok Goel Family Office's holdings and investments include Renovel Innovations, Blue Ashva Sampada Fund (Blue Ashva Capital), Vyoman Infraprojects (Water Kingdom, EsselWorld Bird Park, Tic Tac Tot) and Essel Propack (now EPL Limited).