Ashok Goel Trust serves as an umbrella entity overseeing multiple businesses in the entertainment, commodity trading, investment sectors, coffee estate, processing of coffee & areca nut, and Philanthropy work. Established under the esteemed leadership of Ashok Kumar Goel, the trust has been operational since 2014. It primarily manages its affairs from the Ashok Goel Family Office situated in Mumbai.
With years of experience in nurturing successful ventures, the Trust owes its growth not only to its visionary and astute leadership of Ashok Kumar Goel but also to its dedicated employees, who have become like family. Accordingly, the trust prioritizes the personal, professional, and financial growth of its staff.
Despite significant growth in net worth since its inception, the trust remains grounded in its founding principles. It consciously avoids investments in lotteries, gambling, alcohol, and meat products. Sustainability and decarbonization is a central focus in all its endeavours, which is also reflected in its social impact initiatives and activities led through its charitable foundation “Vaibbhav Ashok Goel Foundation”. The Foundation is committed to building capacity in selected fields of society and making a lasting difference.
The mission is to support entrepreneurship, ideas & creating opportunities for sustainable development. The Trust likes to direct its investments in ideas that are decarbonizationfocused, support businesses that are home grown & contribute to the ‘Make in India’ initiative.
In addition to revenue growth & making profit, the Trust believes in having a purpose, creating value & making a difference in people’s life in whatever we do.
Ashok Kumar Goel is a serial & pioneering entrepreneur with a multitude of businesses, currently investing in start-ups in the field of Finance & Manufacturing with a focus on positive social and environmental impact related to decarbonization and “Make in India” initiative. As Chairman of Vyoman Infraprojects Pvt Ltd. he oversees the management of Water kingdom which started in 1990 and is the first of its kind (Amusement Park) in Asia.
He led Essel Propack Ltd into a global Indian Company having manufacturing plants in 12 countries across Continents, catering to about 50 countries in the world spanning all the continents as a Chairman & Managing Director until 2019 when he divested his majority stake. Under his leadership Essel Propack Ltd has been ranked No. 1 in laminated tubes in the world. He is actively associated with several educational, medical & social institutions and contributes to charitable & philanthropic causes, through Vaibbhav Ashok Goel Foundation.
Kaveeta Goel, B.A. (Hons) graduate from the Rajasthan University, is the wife of Mr. Ashok Kumar Goel. She is a modern-day woman – a caring mother, supportive wife, homemaker as well as an entrepreneur. She is a Director in Vyoman Infraprojects Pvt Ltd. (the holding company of Asia’s largest and India’s first leisure park Water Kingdom) and has an active role in the administration of the park. A seasoned traveller across the globe, she has turned her expertise in sourcing souvenirs and gifts into successful business venture under the name and style – Fab 5 Bandwagon.
Kaveeta Goel also supports Vaibbhav Ashok Goel Foundation, through its activities such as water security, socio-economic empowerment of the disadvantaged, decreasing carbon emissions, providing aftercare to orphans leaving orphanages, and the development of children with special needs.
Mr Ramesh Chander Gupta is having a Post Graduation Degree in Regional Development. He started his career as a Probationary Officer in the State Bank of India in the year 1981. After serving the largest public sector bank for about two years, he was selected for the Indian Revenue Service (IRS) and joined the Income-tax Department in the Ministry of Finance, Government of India in 1983. He has a vast experience of over 30 + years of working in the Income-tax department in various areas, such as, Tax Administration, Assessments of large corporates, Investigation, etc. During this period, he was also sent on deputation to Securities and Exchange Board of India (SEBI) from 1992 to 1998, where he worked as a Regulator of the Capital Markets, in his capacity as a Division Chief of Primary and Secondary Markets and also served as a Director on the Governing Boards of several Stock Exchanges.
After his retirement, from the post of principal Commissioner of Income-tax, he has joined the Ashok Goel Family Office (AGFO) as Group Director in 2016 and continues in that position. He also serves as a Director on the Boards of several group companies.
Mr. Anoop Tulsyan has a wealth of experience spanning more than 2 decades in the field of financial services / investments, and he is a thorough professional with a diverse background. His experience in the Private Equity industry is for over 10 years. Prior to joining Ashok Goel Family Office as Group Chief Financial Officer, Mr. Tulsyan has held positions at AION Capital Partners, a private equity fund managed jointly by ICICI Venture and Apollo USA, and at Motilal Oswal Financial Services Ltd.
He has made significant contributions to the growth of these organizations during his tenure, and has gained extensive experience in portfolio monitoring, financial advisory, equity research, financial analysis and taxation.
• Managing Director - E-City Ventur es. E-City Ventures operates in retail real estate (Fun Republic Malls), residential real estate, and financial services.
• A graduate of Harvard Business School & Thunderbird School of Global Management
• Invested in start-ups such as - Goals 101, MyGlamm, Pratilipi, Healthplix, Superset, Homework, and Alpha Vector
• Invested in venture capital funds in India, including notable firm such as Chiratae.
• Partner at Shardul Amarchand Mangaldas & Co, specializing in transaction structuring, ESG, governance, legal risk management, corporate and real estate advisory, and documentation.
• Graduated from the University of Bombay (Life Sciences and Law), with postgraduate studies at the University of Cambridge and Harvard University.
• Recognized as the Most Innovative Lawyer of the Year at the 2022 BW Legal World Global Legal Leaders Award and listed in Forbes India's Legal Powerlist 2020.
• Advises on setting up businesses in India, developing legal risk management strategies, and has developed practices for sensitive and complex issues. She is also a member of various industry forums and boards of companies and institutions.
• Faculty and guest speaker at various forums, focusing on legal, commercial, and selfdevelopment topics, as well as sharing insights on Indian scriptures
• Founder & CEO - Arka Capital Advisors Pvt. Ltd.
• Director - Lemon Tree Hotels, Max India and Max Life Insurance Company.
• Member – Investment Committee, Piramal Fund Management.
• Advisor – Kae Capital
• Former Managing Director, India Head & Member of Global Executive Management Group - Warburg Pincus, a global private equity firm.
• Mr. Rohit Rajgopal Dhoot is the Managing Director of Dhoot Industrial Finance Limited since 1994 and has an opulent experience of more than 30 years.
• Achieved the distinction of being one of the youngest Chartered Accountants in the country.
• Joined the management of Dhoot Industrial Finance Limited in 1988 as a director of the Company and was in charge of marketing and expansion of business.
• Has an all- encompassing background and experience in Finance, Investing, Banking, Mergers and Acquisitions, Strategic Planning, Restructuring Operations, Export Marketing, Trading and Logistics, International Business Relations and Collaborations & Joint Ventures.
• He is on board of Many Companies Including Hindustan Oil Exploration Company Limited, Sutlej Textiles and Industries Limited, Technocraft Industries Ltd. and The Indian Hume Pipe Co. Ltd.