Venture Capitalists News Hubb
Advertisement Banner
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
Venture Capitalists News Hubb
No Result
View All Result
Home Venture Capital Funding

ABFRL inducts Ananya Birla, Aryaman Vikram Birla as directors

admin by admin
January 30, 2023
in Venture Capital Funding


The board of Aditya Birla Fashion and Retail (ABFRL), at its meeting held on Monday, inducted Ananya Birla and Aryaman Vikram Birla as directors. 

“The ABFRL platform is now poised for a new wave of exponential growth. Ananya and Aryaman’s individual achievements in their chosen fields and early success with their independent entrepreneurial ventures set them up well for larger responsibilities,” Kumar Mangalam Birla, Chairman, Aditya Birla Group said. “Their nuanced understanding of new-age business models and emerging shifts in consumer behaviour will infuse fresh energy to the board of ABFRL.”

Kumar Mangalam Birla , Chairman, Aditya Birla Group

Ananya and Aryaman were recently inducted as directors on the board of Aditya Birla Management Corporation Pvt Ltd, the apex body that provides strategic direction to the Aditya Birla Group’s businesses. 

Ananya’s first company, Svatantra Microfin Pvt Ltd, which she founded at the age of 17, claims to have crossed $1 billion in Asset Under Management (AUM) and has grown at a Compound Annual Growth Rate (CAGR) of 120% (2015-2022). Svatantra, which has over 7,000 employees, also acquired Micro Housing Finance Corporation Ltd in 2018. 

She is also the founder of the design-led home decor brand Ikai Asai. 

On the social front, Ananya has co-founded the mental health organisation Mpower, and advocates the need for conversations around mental health in India. She is also the founder of the Ananya Birla Foundation which researches mental health and its social impact. 

Meanwhile, Aryaman’s experience includes entrepreneurship, VC investing, and professional sport. As per a release, Aryaman is closely involved with several businesses of the Aditya Birla Group. In consultation with the Group Chairman, Kumar Mangalam Birla, the company said he is actively championing the group’s foray into new-age businesses. Aryaman helped incubate the Group’s D2C platform, TMRW, and is a director on its board. 

His maiden entrepreneurial foray was in the hospitality business. Aryaman is also spearheading the Group’s venture capital fund, Aditya Birla Ventures.





Source link

Tags: Aditya Birla Fashion and RetailAditya Birla GroupAnanya BirlaAryaman Vikram BirlaJust In
Previous Post

Aptos Surge Triggers Flashbacks of Ripple’s 2017 Bull Run

Next Post

Grayscale Slapped With Another GBTC Lawsuit – This Time From Osprey

Next Post

Grayscale Slapped With Another GBTC Lawsuit – This Time From Osprey

Recommended

CF Benchmarks CEO Says Institutions More Interested Than Ever in Crypto

7 months ago

DeFi Developers Have the Attention of Venture Capitalists

4 months ago

Silvergate Short Squeeze Looks Inevitable — But How Likely Is It?

4 weeks ago

Indonesia Wants to Counter ‘Shadow Central Banking’ With CBDC

4 months ago

Drone maker ideaForge Technology files IPO papers with SEBI

1 month ago

Startup news and updates: daily roundup (August 23, 2022)

7 months ago

© 2022 Venture CapitaLists News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

© 2022 Venture Capitalists News Hubb All rights reserved.