Saurabh Mittal

Last updated

Saurabh Mittal
Saurabhmittal.jpg
Born1973 (age 4950)
Education Harvard Business School
Alma mater Indian 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.

Contents

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

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References

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