The Value Builder

For Evan Singh Luthra, entrepreneurship was never a career choice—it was a natural extension of curiosity. A first-generation entrepreneur, Luthra began building technology products long before the word “startup” became mainstream. While his father worked in the fashion industry as a designer and manufacturer, Luthra’s journey was entirely self-initiated. By the age of 12, he was already building iPhone applications, driven by a simple instinct to solve problems using technology.

That instinct scaled quickly. One of the earliest apps he built was for his school, enabling students to access updates and communicate more efficiently. It was followed by an app for his residential community, and then a defining leap—an app for the ICC Cricket World Cup that went on to receive millions of downloads in 2011, at a time when the app ecosystem itself was still in its infancy. By 17, Luthra had built more than 30 apps and successfully exited his first company.

Formal education ended at high school, but for Luthra, the real learning happened through execution. Instead of pursuing college, he doubled down on building products, learning markets firsthand and absorbing lessons through rapid iteration. He often reflects that he learned by “building, testing, failing fast and scaling early,” a process that continues to shape how he evaluates opportunities today.

Unlike many founders who point to a single “eureka moment,” Luthra’s trajectory unfolded organically. He never set out with the explicit goal of starting companies. His focus, he says, was always on solving problems and creating value, believing that success tends to follow when value creation comes first.

Today, as General Partner at Kol Capital, Luthra applies the same philosophy at scale. He holds majority ownership in his ventures and maintains significant to majority stakes across many of the companies he is involved in, investing in and supporting over 700 companies globally. While he may not be the public face behind every product, his strategic involvement has helped enable platforms and technologies used by hundreds of millions—and in some cases billions—of users worldwide.

At the core of his investment thesis is a clear belief: technology is the fastest-growing force in the world, actively disrupting every major industry. Rather than focusing on a single product or vertical, Luthra prefers to sit at the intersection of emerging technology and real-world problems, backing platforms, ecosystems and frontier technologies capable of redefining entire sectors.

The year 2025 marked an important inflection point. For Kol Capital, it was less about aggressive deal-making and more about consolidation and discipline. Luthra describes it as a year spent strengthening infrastructure, refining long-term strategy and expanding global partnerships, while navigating rapid market cycles without losing focus. That discipline, he notes, ultimately sharpened the firm’s investment thesis and operational rigor.

Profitability, however, has never been an open question. Luthra points to strong returns across multiple cycles, from purchasing Bitcoin in 2014 at under USD 300 to early investments like LandVault, which grew from a USD 1 million valuation to USD 450 million. For him, profitability is less about timing and more about efficient capital deployment.

Looking ahead, Luthra sees the next phase of growth being driven by frontier technologies—particularly artificial intelligence and crypto infrastructure. AI, he believes, is transforming how businesses operate, while crypto continues to redefine finance, ownership and global coordination. His focus now is on backing founders at the forefront of these shifts, especially in emerging markets.

Facts:

Number of Employees: 10

Year of Company Inception: 2024