Devesh Chawla, the Founder and CEO of Chatur Ideas and Chatur Wealth, is a visionary entrepreneur and investor with a passion for empowering others to achieve success. Over the years, he has built India’s largest entrepreneurial network and established a reputation as a mentor, investor, and TEDx speaker. Through his work, Chawla has created platforms that support both startups and individuals looking to grow their wealth, transforming ideas into thriving ventures and helping clients achieve financial growth. We at CIO Global, are proud to introduce Devesh Chawla as one of the Promising CEOs to Watch, 2024.
Chawla’s journey into entrepreneurship was fueled by his desire to make a meaningful impact. Early in his career, he noticed that many talented entrepreneurs were struggling due to a lack of support and mentorship. “I saw so many talented entrepreneurs with brilliant ideas struggle due to a lack of support and guidance,” he shares. This realization led him to create Chatur Ideas, a platform designed to provide not only funding but also mentorship, resources, and training to startups. Since its inception, Chatur Ideas has trained over 34,000 entrepreneurs, offering them the tools and support they need to turn their ideas into successful businesses. Chatur Ideas has become a powerful force in India’s entrepreneurial ecosystem. Under Chawla’s leadership, the company has built a vast network of investors, mentors, and industry leaders, helping startups across diverse sectors gain the resources and guidance they need to scale.
“Balancing long-term goals with short-term needs is crucial, and our approach ensures we can meet immediate demands while fueling future growth.”
Building on the success of Chatur Ideas, Chawla launched Chatur Wealth, a company focused on providing strategic investment and wealth management solutions. The aim was to empower individuals and businesses to grow their wealth through carefully curated financial strategies. Chatur Wealth has quickly gained recognition for delivering impressive returns, averaging 30% annually, even in volatile markets. Chawla’s dual focus on entrepreneurship and financial growth has made him a trusted leader in both the startup and investment communities. Chawla’s motivation for leading both companies is rooted in his desire to create opportunities for others. “For me, it’s all about creating opportunities, transforming ideas into success stories, and helping people achieve their full potential,” he says. This vision extends beyond the entrepreneurs and investors he serves; Chawla is deeply committed to making a lasting impact on the industries he touches.
With Chatur Ideas, his goal is clear: to help entrepreneurs succeed by providing them with access to funding, mentorship, and a strong support system. The platform’s success is measured by how many startups it helps to grow into sustainable, scalable businesses that contribute to the economy and create jobs. For Chatur Wealth, success is defined by the financial independence and growth it provides to its clients. The company’s market strategies, designed to thrive even in volatile conditions, have consistently delivered strong returns. Chawla takes pride in helping individuals and businesses grow their assets, ensuring they achieve long-term financial success.
As the CEO of two rapidly growing companies, Chawla has faced his fair share of challenges. “Balancing rapid growth with maintaining a strong, personalized approach to mentorship and strategy has been my biggest challenge,” he admits. With the expansion of both Chatur Ideas and Chatur Wealth, ensuring that each entrepreneur and client receives the attention and tailored support they need has required constant focus and dedication. However, these challenges are also what make the journey rewarding. Chawla believes that staying true to the mission of empowering entrepreneurs and delivering exceptional financial results is key to overcoming obstacles. His leadership approach emphasizes personal connection and mentorship, allowing him to build trust with his clients and the entrepreneurs he supports. Chawla understands that his team plays a crucial role in the success of his companies. He fosters a culture of purpose and ownership, ensuring that every team member understands how their work contributes to the company’s larger goals. “Clear communication, recognition of achievements, and creating an environment where innovation and ideas are encouraged play a big role,” he explains. By providing growth opportunities and encouraging collaboration, Chawla keeps his team motivated and engaged, which in turn drives the success of both Chatur Ideas and Chatur Wealth.
“What sets Chatur Ideas and Chatur Wealth apart is our relentless focus on holistic support and personalized mentorship, empowering entrepreneurs beyond just funding.”
What sets Chatur Ideas and Chatur Wealth apart from their competitors is their holistic approach. At Chatur Ideas, Chawla goes beyond simply offering funding. The company provides personalized mentorship and tailored guidance to entrepreneurs, helping them foster innovation and build sustainable businesses. This hands-on approach has earned Chatur Ideas a reputation as a trusted partner for startups looking to scale. In the case of Chatur Wealth, the company’s strategic investment approach, which adapts to market trends, has delivered an average of 30% annual returns for its clients. Chawla’s emphasis on transparency and education ensures that his clients are confident in their financial decisions, setting Chatur Wealth apart as a leader in wealth management.
Chawla’s companies have achieved significant milestones in recent years. Chatur Ideas recently trained its 35,000th entrepreneur, further solidifying its position as India’s largest entrepreneurial network. Additionally, the company was honored with the Best SME Company Award, a recognition of its commitment to empowering aspiring business leaders and fostering innovation across various industries. Chatur Wealth also reached a significant benchmark by delivering a 30% annual average return for its clients, showcasing the effectiveness of its market strategies. These accomplishments reflect the hard work and dedication of Chawla and his team and serve as inspiration for future growth.
When it comes to building his team, Chawla looks for certain key qualities in potential employees. These include passion, adaptability, ownership, teamwork, a growth mindset, and cultural fit. He believes that hiring individuals who share his vision and values is crucial to maintaining the company’s mission of making a positive impact. Innovation is a driving force behind both Chatur Ideas and Chatur Wealth. Chawla fosters a culture of creativity and collaboration within his team, encouraging brainstorming sessions and cross-functional teamwork to spark fresh ideas. He also invests in continuous learning and research, ensuring that his team stays ahead of industry trends and adapts to the ever-changing market. Technology plays a central role in the business strategies of both companies. From digital marketing and analytics to advanced trading platforms and CRM systems, Chawla leverages technology to optimize operations and deliver exceptional value to his clients and entrepreneurs. This tech-driven approach helps Chatur Ideas and Chatur Wealth stay competitive in their respective markets.
Balancing short-term needs with long-term goals is a priority for Chawla. He emphasizes the importance of having a clear vision, while also focusing on short-term initiatives that align with the company’s larger objectives. Regular progress reviews and open communication ensure that his teams stay engaged and focused on both immediate and future success. For those looking to follow in his footsteps, Chawla offers some simple but powerful advice: “Embrace learning, build strong relationships, stay resilient, and lead with passion.” He encourages aspiring CEOs to remain humble and enjoy the journey, reminding them that success is about making a difference and staying true to their vision. Chawla views failure as an opportunity to learn and grow. He promotes a culture of accountability within his team, focusing on solutions rather than placing blame. Outside of work, Chawla stays balanced by pursuing hobbies like reading, fitness, travel, and cooking. These activities help him stay refreshed and inspired, allowing him to lead his companies with energy and creativity.
“Success is about impact. At Chatur Ideas, it’s measured by how many entrepreneurs we help turn ideas into successful, scalable businesses that create jobs and shape industries.”
Devesh Chawla is a dynamic leader who is passionate about empowering others. Through Chatur Ideas and Chatur Wealth, he is making a lasting impact on the entrepreneurial and investment landscapes, helping individuals and businesses achieve their full potential.
