Beginning in 1996, he played first-class and List A cricket. His batting style was the right-hand bat and his bowling style was right-arm medium.[16] From 1997 to 1999, he represented his home state of Maharashtra in the Ranji Trophy,[17][18] having been selected for a four-day fixture for the Ranji Trophy by the MCA in 1998.[19] He also played for the Belfast Cricket League at Creevedonnell Cricket Club in Derry in 1999.[2] He left List A cricket in 2000.[16]
Beginning in 1998, under Agashe and his father, the syndicate began marketing ayurvedic medicines, health care products, and bulk raw materials,[21] manufacturing food products and veterinary medicine,[22] promoting ayurvedic skincare products made by its sister company, Brihans Natural Products Ltd. in 2000,[23] and manufacturing alcohol-based chemicals by 2002.[24] In September 2000, he was appointed as a joint managing director of the syndicate.[25]
In 2003, he was made a selector at the Maharashtra Cricket Association (at the time, chaired by his father)[26] which raised nepotism concerns and drew in criticism for the association.[27][28] In 2004, Agashe was part of his father's Maharashtra Cricket Association committee as a representative for the Club of Maharashtra,[29] and worked as his father's aide during the controversial elections at the Board of Control for Cricket in India, when his father was not allowed to vote as vice president of the board due to alleged factionalism.[30]
In 2005, under him, the syndicate entered a partnership with Howling Wolves Wine Group of Australia which planned to set up a wine production base in India.[31][20] At the time, he was joint managing director at the syndicate.[32] Between 2004 and 2005, he was elected the chairman of Suvarna Sahakari Bank.[3] and served as chairman when the bank was put under moratorium by the Reserve Bank of India in 2006.[33] In 2007, he received the DSK Group Energy Award of 2007 for corporate implementation of energy efficiency improvement measures.[34]
Since 2009, Agashe has been director at Agashe Brothers Financing Company, and since 2010, director at Baumgarten and Wallia.[39] In August 2009, he was appointed chairman and managing director of the Brihan Maharashtra Sugar Syndicate.[40] In 2015, he conceived the Dnyaneshwar Agashe Trophy as the highest award of merit at the Poona Youth Club's annual cricket tournament, the PYC Premier League, in honor of his father.[41] In May 2021, during the COVID-19 pandemic in India, Agashe donated oxygen concentrators to hospitals in Shreepur, Maharashtra.[42][43]
^Pathak, Gangadhar (1978). "पिरंदावण वाडी – तळेखाजण घराणा" [The House of Pirandavan Wadi – Talekhajan]. गोखले कुलवृत्तांत [Genealogy of the Gokhale Family] (Kulavruttanta) (in Marathi) (2nd ed.). Pune: Gokhale Kulavr̥ttānta Kāryakārī Maṇdaḷa. pp. 949–992. LCCN81902590. Retrieved 25 August 2022 – via WorldCat.
^Ranade, Sadashiv (1982). "जांभळी घराणा (पहिला)" [The First House of Jambli]. फाटक कुलवृत्तांत [Genealogy of the Phatak Family] (Kulavruttanta) (in Marathi) (2nd ed.). Pune: Phāṭaka Kula Samitī. p. 56. Retrieved 26 August 2022.
^Kelkar, Bhaskar; Kelkar, Govind; Kelkar, Yashwant (1993). "कासारवेल – पुणे – धुळे घराणा" [The House of Kasarvel – Pune – Dhule]. केळकर कुलवृत्तांत [Genealogy of the Kelkar Family] (Kulavruttanta) (in Marathi) (2nd ed.). Pune: Yashoda Typesetting. pp. 82, 89. Archived from the original on 26 August 2022. Retrieved 26 August 2022.
^"बेळगाव घराणा (दुसरे)" [The Second House of Belgaum]. गोगटे कुलवृत्तांत [Genealogy of the Gogte Family] (Kulavruttanta) (in Marathi) (2nd ed.). Mumbai: Gogaṭe Kulamaṇḍala. 2006. p. 532. LCCN2012338796. Retrieved 25 August 2022.
^Agashe, Trupti; Agashe, Gopal. (2006). "मांगदरी घराणा" [The House of Mangdari]. In Wad, Mugdha (ed.). आगाशे कुलवृत्तांत [Genealogy of the Agashe Family] (Kulavruttanta) (in Marathi) (2nd ed.). Hyderabad: Surbhi Graphics. p. 62. ISBN978-1-5323-4500-5. Retrieved 25 August 2022.
^"आशुतोष आगाशे श्रीपूरकरांच्या मदतीला धावले" [Ashutosh Agashe rushed to aid Shreepurkars]. Tarun Bharat (in Marathi). 9 May 2021.
^"आशुतोष आगाशे यांच्या कडून श्री. सेवा हॉस्पिटलला ऑक्सिजन कंसन्ट्रेटर" [Oxygen concentrators gifted to Shree Seva Hospital by Ashutosh Agashe]. Surajya (in Marathi). 12 May 2021.