Company type | Public |
---|---|
Industry | Conglomerate |
Founded | 1985 |
Founder | Analjit Singh |
Headquarters | Max House, New Delhi, India |
Area served | India |
Key people | Analjit Singh (group chairman) [1] Rahul Khosla (group president) Mohit Talwar(group vice-chairman) |
Products | |
Revenue | US$3.2 billion [2] (2019) |
Number of employees | 27,000 (2019) [3] |
Subsidiaries |
|
Website | www |
Max Group is an Indian conglomerate headquartered in New Delhi, operating in the fields of life insurance, healthcare, hospitality, real estate and independent senior living. [4] It was founded in 1985 by Analjit Singh. [1]
Max Group companies include Max Life Insurance, Max Financial Services, Max Ventures and Industries, Max India, Max Specialty Films, Max Estates, and Antara Senior Living. [5]
Max Group traces its origin to the company inherited by Analjit Singh in 1985, following the death of his father Bhai Mohan Singh, founder of pharmaceutical company Ranbaxy Laboratories. Then named Max India (same as that of the current publicly listed Max Group company), it started life as a manufacturer of an active drug compound for penicillin. [6] In 1993, the group ventured into telecommunications by forming a joint venture with Hutchison Asia Telecom Group, called Max Telecom. Max Telecom was later sold to Vodafone and became Vodafone India. [7] The group shifted its focus from being a B2B to B2C company in 2000, by foraying into the fields of healthcare and life insurance. [8] Max Life Insurance was founded in 2000, followed by Max Healthcare in 2001, and Max Bupa in 2008.
Three publicly listed holding companies fall under Max Group: Max Financial Services, Max Ventures and Industries and Max India. The three holding companies have their own separate subsidiaries. The structure is as follows:
Max India
Max Financial Services
Max Ventures and Industries
The group is led by Analjit Singh and a board of directors. Each holding company under the group operates independently and has its own board of directors and shareholders. [9] [10] In 2019, the group posted revenues of $3.2 billion. . [11]
Tech Mahindra is an Indian multinational information technology services and consulting company. Part of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai. Tech Mahindra has over 138,000 employees across 90 countries. The company was ranked #5 in India's IT firms and overall No. 47 on Fortune India 500 list for 2019.
Bharti Airtel Limited is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.
Bharti Enterprises Limited is an Indian multinational conglomerate, headquartered in Delhi. It was founded in 1976 by Sunil Bharti Mittal. Bharti Enterprises owns businesses spanning across telecommunications, manufacturing, insurance, real estate, hospitality, and food. The group's flagship company, Bharti Airtel, is a telecom service provider with operations in more than 18 countries across Asia, Africa and Europe. The company ranks amongst the top two mobile network operators globally by number of subscribers.
Essar Group is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a variety of assets in the core sectors of energy, infrastructure & logistics, metals & mining, technology, and retail. EGFL holds a nearly 100% stake in all its investments.
Sulekha is a digital platform for local service businesses in India, matching 20+ million consumers with 50,000 service professionals across 200 categories in about 40 cities. Sulekha focuses on expert services clustered around Home, Life and Self and where the user need is customized. Using technology and domain intelligence, the platform seeks to understand the user need in detail and matches it to verified service professionals who are profiled. The service is free to use for consumers and service professionals pay the platform for performance in the form of verified, matched service requests. ]
Exide Life Insurance Company Limited was an Indian life insurance company. Exide Life Insurance distributed its products through multiple channels, including an agency channel with over 40,000 advisors and more than 200 company offices across the country. The company had over 1.5 million customers and managed assets exceeding INR 18,000 crores. Established in 2001 and headquartered in Bangalore, the company provided long-term protection and savings options. Exide Life merged with HDFC Life in late 2022.
Sandip Das is an Indian corporate executive in the telecom business. He serves as a senior advisor at Analysys Mason and a member of the advisory board of Sterlite Technologies. He has served as Deputy Managing Director of Hutchison Essar, Executive Director and Chief Executive Officer of Maxis Communications, and headed Reliance Jio Infocomm.
IIFL Finance Limited d/b/a IIFL and India Infoline Finance Limited, is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm. IIFL is ranked among the top seven financial conglomerates in India and as the top independent financial services firm in India in terms of market capitalisation. Nirmal Jain is the chairman of the group, while R Venkataraman is the group managing director and co-promoter.
Indus Towers Limited is an Indian telecommunications infrastructure company offering passive infrastructure services to mobile network operators and other wireless services providers. Headquartered in Gurugram, Haryana, Indus Towers was incorporated in November 2007 by Bharti Infratel, Vodafone Essar, and Idea Cellular, to provide shared telecom infrastructure to telecom operators on a non-discriminatory basis.
Vodafone India Limited was the Indian subsidiary of UK-based Vodafone Group and was a provider of telecommunications services in India with its operational head office in Mumbai.
Analjit Singh is the founder chairman of Max Group, a conglomerate with interests in life insurance, healthcare, and real estate. He is also the founder of Leeu Collection, an international collection of boutique hotels. He was also the Non-Executive Chairman of Vodafone India.
The Piramal Group is an Indian multinational conglomerate that has presence across various sectors such as healthcare, life sciences, drug discovery, financial services, alternative investment and real estate.
Housing.com is a Mumbai-based real estate search portal which allows customers to search for housing based on geography, number of rooms, and various other filters. The company has 6,000 brokers and serves 40 cities in India including Chennai, Mumbai, Bengaluru, Kolkata and Delhi.
Edelweiss Group is an investment and financial services company based in Mumbai. It was co-founded by Rashesh Shah and Venkat Ramaswamy.
Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi. The company is a subsidiary of Bharti Airtel. On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934.
Agilus Diagnostics Limited is an Indian multinational diagnostics company providing diagnostic services in pathology and radiology. Agilus Diagnostics has its headquarters and corporate office in Gurgaon.
Care Health Insurance Limited is an Indian health insurance company established in July 2012. It is part of the Religare Group and a direct subsidiary of Religare Enterprises. Kedaara Capital is a co-promoter of the company. Care Health Insurance is headquartered in Gurgaon, Haryana, and operates out of 158 offices across India with 8500+ employees.
Idea Cellular was an Indian telecommunications company based at Mumbai, Maharashtra. It was an integrated GSM operator and had 220.00 million subscribers as of June 2018.
Antara Senior Living is an Indian enterprise owned by Max India that runs independent senior living and retirement communities in India. It was established in 2011, and has drawn attention from the Indian media for being among the first organised projects to venture into retirement or assisted living, a space that has often been stigmatised by conservative sections of the Indian society.
Bharti Infratel Limited was an Indian telecommunications infrastructure company that provided telecom infrastructure such as telecom towers, fiber networks and other related infrastructure. Headquartered in Gurugram, Haryana, the company was established by Bharti Airtel in July 2007 by spinning-off its mobile towers to a new wholly-owned subsidiary. Bharti Infratel was the first Indian company to start a tower infrastructure sharing business. It was India's largest consolidated tower infrastructure company, directly owning 95,372 towers as on 31 March 2020.
{{cite web}}
: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)