Greatness isn’t born.
It is built.

Partnering with organizations which foster a culture of innovation and entrepreneurship across manufacturing and consumer industries

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From Opportunity to Outcome:
Backing India’s next generation
pioneers

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About

about

Unlocking Growth Potential

Ashika Private Equity Advisors through its first fund Ashika Growth Equity Fund I aims to unlock growth potential in manufacturing and consumer sectors.

With our focus on innovation, operational excellence and sustainable business practices, we will partner with pioneering organizations to accelerate growth through strategic value creation and our deep sectoral understanding.

Strategy

We invest in:

People

people

High-quality founders and leadership teams. Strong, visionary leaders who drive innovation and sustainable growth

Product-Market Fit

product

Businesses with proven Product-Market-Fit (PMF) and established customer validation

Competitive Edge

competative

Businesses with differentiated market positioning with either a process or product moat

Governance

government

Businesses with clean, transparent corporate practices and robust controls

We don’t invest in:

unprofitable

Businesses with inherently unprofitable unit economics with focus only on revenue growth and no clear path to profitability

questionable

Businesses with questionable founder track record

high risk

Businesses with high risk of capital erosion

Investment Criteria

investment

B2B / B2C manufacturing and consumer companies focused on innovation and growth

investment

Primarily headquartered in India

investment

Profitable at unit economics level with clear path to profitability or profitable at the P&L level

Team

team member

Sarvesh Kanodia

Co-founder and Managing Partner

team member

Chirag Jain

Co-founder and Managing Partner

team member

Sougata Roy

Co-founder and Managing Partner

team member

Abhinav Singh

Analyst

sarvesh-kanodia

Sarvesh Kanodia

Co-founder and Managing Partner

linkedin
sarvesh-kanodia

Chirag Jain

Co-founder and Managing Partner

linkedin
sarvesh-kanodia

Sougata Roy

Co-founder and Managing Partner

linkedin
sarvesh-kanodia

Abhinav Singh

Analyst

linkedin
team member

Brijesh Agarwal

Indiamart

team member

Shibam

Atomberg

team member

Gawir Baig

Anthem Bisciences

sarvesh-kanodia

Brijesh Agarwal

Indiamart

linkedin
sarvesh-kanodia

Shibam

Atomberg

linkedin
sarvesh-kanodia

Gawir Baig

Anthem Bisciences

linkedin

Portfolio

Manufacturing

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Consumer

maiz Visit →

Manufacturing

maiz Visit →

Consumer

maiz Visit →

Manufacturing

maiz Visit →

Manufacturing

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Consumer

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Note: These companies have been invested by the Sponsors / Fund Managers in their independent capacity.

Resources

resources

News

Ashika Credit Capital Limited Announces Equity Issuance and Expansion

Kolkata, India – August 6, 2024 – Ashika Credit Capital Limited (ACCL), a leading NBFC specializing in a wide range of investment

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