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Saurabh Mittal

Saurabh Mittal
Born1973 (age 50–51)
EducationHarvard Business School
Alma materIndian Institute of Technology
Occupations
  • Founder and Chairman of Mission Holdings
  • Chairman of Incedo Inc.
  • Vice Chairman of ONE Championship

Saurabh Mittal (born 1973) is a Singapore-based Indian businessman, entrepreneur, investor, and philanthropist.[1][2] He is the founder and chairman of Mission Holdings,[3] a private investment holding company.

Education

Mittal attended the Indian Institute of Technology in Delhi for a BS in Electrical engineering, where he was the Best Graduating Student.[4] Mittal also holds an MBA from Harvard Business School and graduated as a Baker Scholar.[5]

Career

In 1999, Mittal co-founded Indiabulls,[5] a financial services and real estate conglomerate in India, with his undergraduate classmates from the Indian Institute of Technology.[6] He served as Vice chairman of its board of directors until he stepped down in 2014.[7]

He later joined Farallon Capital as an investment associate in 2001 before he became a full partner at Noonday Capital, an affiliate of Farallon, in 2005.[8] Mittal left both Farallon and Noonday in 2011.[citation needed]

While studying for his MBA at Harvard Business School, Mittal befriended Chatri Sityodtong, and the pair later established martial arts promotion ONE Championship in 2011.[9][10] Mittal was appointed Vice Chairman of the company in 2018.[11][12]

In 2011, Mittal founded Incedo Inc.[13] with operating partners to focus on data and analytics in the US.[14] In 2017, Nitin Seth took over from Mittal as Chief Executive Officer of Incedo,[15][16] while Mittal remained as chairman.

In 2014, Mittal set up Mission Holdings,[3][17] a private investment holding company with a focus on financial services,[18] media, real estate, and technology, and he is its chairman and sole shareholder.

In 2022, Mittal was ranked as the 46th richest person in Singapore with a net worth of US$900 million.[19]

Philanthropy

Mittal has served on Harvard Business School's Advisory Board, is a Founder and Trustee of Plaksha University,[20] and is a Founder and Board Member of the IIT Delhi Endowment Fund.[21] He is also member of the governing body of Parivaar, a charitable organization focused on the care and development of highly-vulnerable children,[22] and a member of the Founder's Circle of Avasara Academy, a school dedicated to developing young Indian women.[23] In 2020, Mittal donated RS. 10 Crore towards building the Mittal Sports Centre at IIT Delhi.[24]

Personal life

Mittal has three children.[25]

Honors

Distinguished Alumnus Award 2017, Indian Institute of Technology, Delhi.[26][27]

See also

References

  1. ^ "Indiabulls co-founder emerges among richest Singaporeans". International Business Times, Singapore Edition. 28 July 2017. Retrieved 4 March 2020.
  2. ^ hermes (28 July 2017). "Singapore's 50 richest became 11% richer in past year: Forbes". The Straits Times. Retrieved 4 March 2020.
  3. ^ a b "Mission Holdings is an investment firm led by entrepreneur Mr. Saurabh Mittal". www.missionholdings.com. Retrieved 4 March 2020.
  4. ^ "Distinguished Alumni Awards 2017 | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 19 March 2020.
  5. ^ a b "Saurabh Mittal". Forbes. Retrieved 19 March 2020.
  6. ^ "Sameer Gehlaut". Yo! Success. 1 December 2015. Retrieved 19 March 2020.
  7. ^ Kalesh, Baiju; Babar, Kailash (10 July 2014). "Indiabulls partners Sameer Gehlaut, Saurabh Mittal and Rajiv Rattan to divide operations". The Economic Times. Retrieved 19 March 2020.
  8. ^ "ONE Championship appoints Saurabh Mittal as vice chairman". www.sportspromedia.com. 13 March 2018. Retrieved 19 March 2020.
  9. ^ hermes (6 November 2017). "From duelling classmates to business partners". The Straits Times. Retrieved 4 March 2020.
  10. ^ Cua, Genevieve (5 December 2017). "Kicking off a storm". The Business Times. Retrieved 4 March 2020.
  11. ^ "Saurabh Mittal Joins ONE Championship As Vice Chairman | ONE Championship – Press Releases". ONE Championship – The Home Of Martial Arts. 13 March 2018. Retrieved 4 March 2020.
  12. ^ "Senior Leadership". ONE Championship – The Home Of Martial Arts. Retrieved 4 March 2020.
  13. ^ "Saurabh Mittal". Incedo – Tech Solutions, Consulting, Data, Analytics, Digital Transformation. Retrieved 4 March 2020.
  14. ^ "Saurabh Mittal". Incedo – Tech Solutions, Consulting, Data, Analytics, Digital Transformation. Retrieved 19 March 2020.
  15. ^ Peermohamed, Alnoor (23 October 2017). "Former Flipkart executive Nitin Seth joins Incedo as CEO". Business Standard India. Retrieved 9 March 2020.
  16. ^ "Flipkart's Nitin Seth joins tech services company Incedo as CEO". The Economic Times. 24 October 2017. Retrieved 9 March 2020.
  17. ^ Singapore, Tatler (16 October 2017). "Saurabh Mittal". Tatler Singapore. Retrieved 19 March 2020.
  18. ^ November 2019, 7th (7 November 2019). "Goldman Sachs leads $50m Series C funding round for credit card platform Deserve". FinTech Futures. Retrieved 19 March 2020.{{cite web}}: CS1 maint: numeric names: authors list (link)
  19. ^ "Saurabh Mittal". Forbes.
  20. ^ "Plaksha University". plaksha.org. Retrieved 19 March 2020.
  21. ^ "President of India launches Endowment Fund of IIT Delhi | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 19 March 2020.
  22. ^ "Governing Body | Parivaar". Retrieved 4 March 2020.
  23. ^ "Founder's Circle". avasara.in. Retrieved 9 March 2020.
  24. ^ "Mr. Saurabh Mittal, IIT Delhi Alumnus, donates Rs. 10 Crore for Sports Complex | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 9 March 2020.
  25. ^ "One Championship's Chatri Sityodtong & Saurabh Mittal on Work and Friendship".
  26. ^ "48th Convocation at IIT Delhi | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 9 March 2020.
  27. ^ Limited, Incedo Technology Solutions. "I.I.T Delhi Honors Saurabh Mittal, Chairman of Incedo and Mission Holdings, With the 2017 Distinguished Alumnus Award". www.prnewswire.com (Press release). Retrieved 4 March 2020. {{cite press release}}: |last= has generic name (help)