Joseph Brown | CEOWeekly | September 20, 2022
22-year old Ash Khandelwal, at the end of his final year at Purdue University, made a bold move to forgo a semester and found Ash Capital, a Dallas-based private equity firm catering to several highly accredited investors across the world.
The firm, which Ash says “changes the way the world invests,” is only 1 year old and has already garnished support from world-class investors and acquired majority stake in 3 different companies, all of which bringing major attention to the firm and Ash.
The son of two immigrants from India turned entrepreneurs, Ash always had a very set goal to found his own company and step outside of the typical mundane work life that people often find themselves trapped in. He was inspired by the stories of Steve Jobs, Richard Branson, and Elon Musk to found a business that would be able to help others achieve their dreams. As a young entrepreneur, Ash focuses on providing mentorship and funding to other youth entrepreneurs who typically would have been looked over solely due to their age.
Ash Capital Logo
As great as Ash’s life seems, he says “It wasn’t always this great and it took a lot of days isolated, focused only on growing and scaling his firm.” He went from one idea to another, each one not meeting the scale of his expectations for himself before finally landing on something that would let him be involved in various industries.
“I honestly don’t even know if I saw the sun for a couple of weeks at the beginning. There was so much to do and when something interests me, I have to dive right in and can’t walk away.”
Despite what he’s been through, Ash believes it is all worth it. The grit, knowledge, and connections he found during the launch of his company are all things he believes will continue to provide him with benefit for the rest of his life.
While there are many competitors in the private equity space, Ash’s unique model of focusing on modern and digital investment assets such as E-Commerce businesses, luxury rentals, NFT’s and more allow him to set himself apart from traditional firms and gain higher than average returns for his clients.
Ash also adds that, “Private Equity is a space that lacks real innovation. It’s hard to disrupt an industry that has been around for so long and handles billions of dollars from clients. It’s even harder to convince them to invest in a model that no one else follows.”
Luckily for Ash, the firm’s results speak for themselves and he has been able to retain 100% of his clients over the last year while also bringing in new prospects month after month.
When asked about his 5-year vision for Ash Capital, Ash said, “To grow a large diverse portfolio of assets to allow him the ability to help other young entrepreneurs build and grow their ventures. I want Ash Capital to be the paving stone for people my age to see that they can achieve whatever they want and shouldn’t be limited by their age.
AshKhandelwal.com, Ash Khandelwal’s Website
When asked what advice he would give to aspiring founders, he said that finding the right people to surround yourself with is the key.“It’s going to be a tough road ahead if I’m being honest. You have to make sure you surround yourself with the right people, especially those who you look up to or people that you know will support you through the ups and downs.”
Ash’s commitment to helping other young entrepreneurs has expanded to offering one-on-one mentorship and services for those looking to launch and scale their businesses, establish high status and connect with other high status individuals, or grow their online presence through media and social media.