Rajeev Chandrasekhar

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Rajeev Chandrasekhar
MP of Rajya Sabha for Karnataka
Assumed office
3 April 2012
Founder and Chairman
Jupiter Capital
Assumed office
20 July 2005
President of Federation of Indian Chambers of Commerce & Industry
In office
2007–2008
Personal details
Born (1964-05-31) 31 May 1964 (age 53)
Ahmedabad, Gujarat
Nationality Indian
Political party NDA
Spouse(s) Anju Chandrasekhar
Parents M K Chandrasekhar, Valli Chandrasekhar
Residence Bangalore, India
Alma mater Manipal Institute of Technology
Illinois Institute of Technology
Website www.rajeev.in

Rajeev Chandrasekhar (born 31 May 1964) is an Indian politician and an entrepreneur who is currently serving as Member of Parliament in the upper house (Rajya Sabha) of the Indian Parliament and also the vice-chairman of the Bharatiya Janata Party-led coalition National Democratic Alliance in its Kerala wing.[1] He represents the state of Karnataka.

He also currently serves as member of the Parliament, Standing Committee on Defence, Consultative Committee on Finance, the Central Advisory Committee for the National Cadet Corps, Co-Chairman of District Development Coordination & Monitoring Committee, Bangalore Urban District. He used to be a member of Select committee on Real Estate and Select Committee on GST.

He is the founder and chairman of Jupiter Capital, a financial services and investment company. One of Jupiter Capital's portfolio companies' AsiaNet News is also the main and largest investor of 30 crore (US$4.7 million) for Republic TV.[2][3][4]

Early life and education[edit]

Rajeev was born in Ahmedabad, Gujarat to Air Commodore M. K. Chandrasekhar of the Indian Air Force, and Mrs. Valli Chandrasekhar.

He studied various schools across India, and studied electrical engineering at Manipal Institute of Technology. He completed Masters in Computer Science in 1988 from Illinois Institute of Technology, Chicago. He then completed the Advanced Management Program at Harvard Business School.

Career[edit]

In 1981, Rajeev briefly worked for Softech, a start-up IT firm. After handpicked by Vinod Dham, Rajeev worked for Intel Corporation in the United States between 1985 and 1991 as Senior Design Engineer of the team that designed and launched 32 bit 80486 microprocessor and CPU architect in the team that designed the path breaking Pentium microprocessor.

Entrepreneur[edit]

In 1994, Rajeev founded BPL Mobile. In July 2005, he sold his 64 percent stake in BPL Communications to Essar Group for US$1.1 billion.

Rajeev founded Jupiter Capital in 2005, with an initial investment of US$100 million, and currently has investments and managed assets of over US$800 million in technology, media, hospitality, and entertainment. Jupiter Entertainment Ventures Private Limited owns and operates media companies including Asianet News, Kannada Prabha and Suvarna News 24x7. The company also owns radio brands Best FM and Radio Indigo.[5][6]

Rajeev recognizes he is a Member of Parliament who also earns his income from business investments. He has put all his communication to Governments past and present on his website.[7] For purpose of clarity, all investee companies have their Boards, Chairpersons, and Managements who are responsible for these companies, and neither Jupiter Capital nor Rajeev is responsible in any way for these companies or their operations.[8]

In April 2013, he was awarded an honorary doctorate by Visvesvaraya Technological University, Belgaum, for his work as an entrepreneur.

Politics[edit]

Currently he is the vice chairman of BJP-led NDA Kerala state unit.[9]

Member of Parliament[edit]

Rajeev Chandrasekhar was an Independent member of Rajya Sabha representing Karnataka from April 2006 to April 2012. In April 2012, he was re-elected to the Rajya Sabha from Karnataka for a second six-year term as an Independent member. He has advocated for governance reforms, institution building, Internet freedom, national security, welfare of the Armed Forces Personnel and sustainable city building of Bangalore and Karnataka.

Positions held[edit]

  • Member of Parliament, Rajya Sabha
  • Member of Standing Committee on Defence
  • Member of Consultative Committee on Finance
  • Member of the Central Advisory Committee for the National Cadet Corps
  • Co-Chairman of District Development Coordination & Monitoring Committee, Bangalore Urban District.
  • Founder and Chairman, Jupiter Capital Pvt. Ltd.
  • Founder and Principal Donor – Flags of Honour Foundation
  • Founder and Principal Donor – Namma Bengaluru Foundation
  • Founder and Managing Trustee – RC Foundation (RCF)
  • Chairman, National Military Memorial
  • Director, ARG Outlier

Personal life[edit]

Rajeev is married to Anju Chandrasekhar and resides in Koramangala, Bangalore. They have a son, Ved, and a daughter Devika.

Honours, awards and international recognition[edit]

India Today magazine ranked him #41st in India's 50 Most powerful people of 2017 list.[10]

Year Name Awarding organization Ref.
2007 IIT Global Service Award. Illinois Institute of Technology, Chicago. [11]

References[edit]

Further reading[edit]

  • Sanghvi, Vir (2012). Men of Steel. Roli Books Private Limited. ISBN 9788174368256. 
  • Denyer, Simon (2012). Rogue Elephant: Harnessing the Power of India's Unruly Democracy. A&C Black. ISBN 9781408849767. 

External links[edit]