Mahindra Holidays & Resorts India Limited Approves the Appointment of Rajat Kumar Jain as A Non-Executive Independent Director
January 02, 2023 at 06:16 am
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Mahindra Holidays & Resorts India Limited approved the appointment of Mr. Rajat Kumar Jain as a Non-Executive Independent Director of the Company, for a period of five consecutive years effective from November 3, 2022. An IIT Delhi and IIM Ahmedabad Alum, Rajat Kumar Jain is a Founder Director of PadUp Ventures, a Knowledge and Mentoring Platform, focusing on providing deep mentoring and incubation services to early stage tech startups as well as a knowledge partner to other Incubators in India. The primary mission is to impact hundreds of early stage startups through proprietary PadUp mentoring programs, leading to improved rates of success and helping them grow successfully to the next level and to institutional funding. Over 200 startups have been impacted by PadUp Ventures over the last 5 years and it has built up a portfolio of over 50 such companies. After a 30 year career in Corporate India in leadership roles, Rajat is now a Non-Executive Independent Director on several Boards and Advisory Boards including Fino Payments Bank, Droom Technologies, Intelligent Resource Group, part of the 1Bn GBP UK group RSG and Zydex Industries (Advisory Board) a specialty chemicals conglomerate. Recently he retired from the Board of TIMDAA, a Bennett Colman GMR JV for Delhi Airport, Neva Garments, a leading branded thermal wear player and Securenow Tech Services, a PE funded InsureTech startup. He is also a Trustee on the Braj Foundation, an NGO focused on environment and water conservation and an Advisor to the E&H Foundation, working for the education and
health of underprivileged kids in UP and FIIB, a leading MBA school in NCR. Apart from this, his key work areas include mentoring entrepreneurs and executives alike as an angel investor & a startup mentor. Having worked across Consumer, Telecom, Media & Technology sectors, he has acquired expertise in distribution, sales and commercial; understanding consumers and enterprises across various spaces, building and working with teams and growing businesses that revolve around services & brands. He has also built multifunctional expertise, strong market and industry knowledge and an enviable industry network.
Mahindra Holidays & Resorts India Limited operates in the leisure hospitality industry. The Company is engaged in the business of the sale of vacation ownership and other related services in India. It also provides holiday facilities. Club Mahindra is the Company's product in the vacation ownership business, which entitles its members to a week's holiday every year. It has resorts across India and abroad. The Company offers Club Mahindra members access to over 143 resorts in India, Asia, Europe and the United States. Its resorts in India, such as Goa, Gujarat, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Puducherry, Rajasthan, Sikkim and others. Its subsidiaries include Holiday Club Resorts Oy, Holiday Club Sweden A, Ownership Services Sweden Ab, Holiday Club Sport and Spa Hotels AB and others. Holiday Club Resorts Oy is a vacation ownership company in Europe that has approximately 33 resorts across Finland, Sweden and Spain.