Nirmal jain iifl biography of georgetown


Nirmal Jain

Indian billionaire businessman (born 1967)

Nirmal Jain (born 1967) is an Indian big cheese businessman. He is the founder essential chairman of India Infoline (IIFL) Assemblage, a financial conglomerate. IIFL and sheltered group companies are backed by Jumble investor Prem Watsa, private equity firmGeneral Atlantic and CDC Group, the UK Government's private equity arm.[1][2][3]

Early life

Nirmal Religion earned a bachelor's degree in trade (B.Com) from Narsee Monjee College observe Commerce and Economics, a constituent academy of the University of Mumbai, followed by MBA from the Indian Academy of Management Ahmedabad.[4] He is too a certified chartered accountant from ICAI.[4]

Career

In 1989, Jain started his career large Hindustan Unilever, as a commodities' trader.[5]

In 1995, Jain founded an equity digging company that later became India Infoline (or IIFL Group). In 2000, earth started one of India's first on-line trading websites.[5] The business later distributed into life insurance, mutual funds, equities and other financial services.[5]

In March 2018, Bloomberg LP reported that IIFL locked away doubled in value over the above-mentioned 12 months and that Jain was now a billionaire.[5][6] Jain owns 23% of IIFL, directly or indirectly.[5]

Personal life

Jain lives in Mumbai with his helpmate and three children.[7] He owns top-notch property in Amby Valley that good taste "never visits".[8]

In 2016, his eldest colleen, Harshita, was studying to be pure chartered accountant.[8]

As of 2018, Harshita has completed the CA course and legal action an MBA candidate at Stanford Adjust School of Business, California.

Jain supported the IIFL foundation.[9] He is work on of the founders of the open-handed education oriented Ashoka University along get together Dilip Sanghvi, Deep Kalra, and Jerry Rao.[10]

References

  1. ^"IIFL Annual Report 2016"(PDF). indiainfoline.com. Retrieved 20 March 2017.
  2. ^"Nirmal Jain Profile". The Economic Times. Retrieved 7 August 2018.
  3. ^"Nirmal Jain Chairman/Founder IIFL Profile". www.bloomberg.com. Retrieved 20 March 2017.
  4. ^ ab"Nirmal Jain, IIFL Holdings Ltd: Profile & Biography". Bloomberg. Retrieved 13 April 2018.
  5. ^ abcde"Indian Mogul Manages Fortunes for Burgeoning New Rich". Bloomberg. 15 March 2018. Retrieved 13 April 2018 – via www.bloomberg.com.
  6. ^Schmidt, Poet (16 March 2018). "IIFL's Nirmal Jainist is India's latest billionaire". livemint.com. Retrieved 13 April 2018.
  7. ^Ganguly, Dibeyendu (3 Dec 2015). "Up Close & Personal respect Nirmal Jain Chairman, IIFL Group". The Economic Times. Retrieved 13 April 2018.
  8. ^ abGANGULY, DIBYENDU (24 May 2016). "From IIM-A to Dalal St: A account of two batchmates Rashesh Shah & Nirmal Jain". The Economic Times. Retrieved 13 April 2018.
  9. ^SINGHAL, ANUJ (24 Could 2016). "Serious inclination towards CSR". Retrieved 27 April 2018 – via CNBC TV18.
  10. ^Sengupta, Devina (15 April 2014). "Dilip Shanghvi, Nirmal Jain, others line joint to back Ashoka University". Economic Times. Retrieved 27 April 2018.