Ashwaq Shaik was born in Hyderabad in the Indian state of Telangana to his father, a businessman, and mother, a homemaker. From childhood, he was really interested in technology and business. Ashwaq completed his education at the prestigious Osmania University, Hyderabad as an MCA (Masters in Computer Application) Graduate in the year 2007.
Ashwaq spent 6 years in Bahrain while working as an IT Specialist. He held posts in three companies namely 3i Infotech, Capgemini, and Almoayyed Computers, and overall have an experience of 13 years in the IT Industry. The idea behind Bullalo came from the hardships he and his colleague faced in hiring maids and drivers. In 2021, Ashwaq decided to realize his idea and came out with the venture named Bullalo.
- "Ashwaq Shaik (Indian Entrepreneur) Wiki, Biography, Early Life, Career". Issuwire. 7 August 2021. https://www.issuewire.com/ashwaq-shaik-indian-entrepreneur-wiki-biography-early-life-career-1707415605746096.
- "‘Almost 80 computer VCs I wrote to rejected me’ says Entrepreneur Ashwaq Shaik". The Times of Sindh. 6 August 2021. https://thetimesofsindh.com.pk/almost-80-computer-vcs-i-wrote-to-rejected-me-says-bullalo-founder-ashwaq-shaik/.
- "Iron Man’ Ashwaq Shaik Put His Own Money On The Line To Launch Bullalo". News Global. 7 August 2021. https://newsglobal.in/iron-man-ashwaq-shaik-put-his-own-money-on-the-line-to-launch-bullalo/.