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Technology and Business Consulting Group
Technology and Business Consulting Group Limited operates from London as a privately held investment company.
Technology and Business Consulting Group
Technology and Business Consulting Group Limited operates from London as a privately held investment company. Founder Pushkar Lugani has structured the firm to deploy across both venture-stage technology companies and tangible real assets in continental Europe. The firm's investment activity places it at the intersection of UK-based venture networks and German real estate holdings, a dual remit that shapes its relatively concentrated portfolio. The firm's venture strategy targets early-stage technology companies, where it has co-invested alongside Boundary Holding, the Luxembourg-based fund led by Rajat Khare. Known co-investments include the seed round of Dronefence, an AI-driven counter-drone security platform, indicating a focus on security technology and industrial AI. On the real asset side, the firm maintains exposure through a related vehicle, S.A.P.L. GmbH & Co. KG, which holds mixed-use properties in Düsseldorf and Hameln, Germany. The firm has also held a position in PARBULKERS II AS, a Norwegian dry bulk shipping venture. The firm operates with a lean structure anchored by Pushkar Lugani as Director. The broader family investment network includes Akshay Lugani as Managing Director of Greenwell GmbH, alongside Sushrut Lugani and Ameeta Lugani as partners and shareholders in the S.A.P.L. family investment architecture. Pushkar Lugani maintains connections to London's individual investor community through the ShareSoc network. The firm's venture exposure has also included a position in the Wasabi NFT Protocol, reflecting opportunistic participation in digital asset infrastructure. Technology and Business Consulting Group's structural differentiator is its operating fusion of a technology venture book with a family-partitioned German property portfolio. Rather than siloing the venture and real estate activities, the firm draws on the same principal network for both, creating a cross-border capital allocation model that is unusually bilateral for a firm of its size — London-sourced venture deals sit alongside direct Düsseldorf and Hameln property holdings under one strategic umbrella.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Pushkar Lugani
Director and Founder
Sector focus
Frequently asked questions
Who makes investment decisions at Technology and Business Consulting Group?
Pushkar Lugani is the Director and Founder, and he appears to drive the firm's investment activity. The firm operates within a family network that includes Akshay, Sushrut, and Ameeta Lugani, who hold roles in related entities such as Greenwell GmbH and the S.A.P.L. family investment vehicle. The structure suggests a closely held decision-making process led by Pushkar Lugani.
How does the firm relate to Boundary Holding and Rajat Khare?
Technology and Business Consulting Group has co-invested with Boundary Holding, the technology investment firm founded by Rajat Khare. The two firms participated together in the seed round of Dronefence, an AI-based counter-drone security company. Rajat Khare is identified as a business partner, suggesting an ongoing co-investment relationship rather than a formal pooled vehicle.
Does the firm invest only in technology, or does it hold other asset classes?
The firm maintains a dual investment posture. It makes venture-stage investments in technology companies — such as Dronefence and a past position in the Wasabi NFT Protocol — while also holding real assets. Through the related S.A.P.L. GmbH & Co. KG, it holds mixed-use properties in Düsseldorf and Hameln, Germany. It has also held a stake in PARBULKERS II AS, a Norwegian maritime asset.
What is the relationship between the Lugani family members across the different entities?
Pushkar Lugani is the Director of Technology and Business Consulting Group Limited. Akshay Lugani serves as Managing Director of Greenwell GmbH and is a partner in the S.A.P.L. family office structure. Sushrut Lugani is a partner in the S.A.P.L. investment vehicle, and Ameeta Lugani is a shareholder in S.A.P.L. GmbH & Co. KG. These roles collectively indicate a family-run investment network spanning the UK and Germany.
Does Technology and Business Consulting Group accept outside capital?
There is no public indication that the firm accepts or manages third-party capital. All known named principals are members of the Lugani family. The firm's co-investment activity with external parties like Boundary Holding appears to structure participation on a deal-by-deal basis rather than through an open fund vehicle.
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