Saurabh Mittal

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Saurabh Mittal
Saurabhmittal.jpg
Born1973 (age 49–50)
NationalityIndian
EducationHarvard Business School
Alma materIndian Institute of Technology
Occupation(s)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.

Education[edit]

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[edit]

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 2019, Mittal was ranked as the 44th richest person in Singapore with a net worth of $700 million.[19]

Board memberships[edit]

  • Chairman, Mission Holdings
  • Chairman, Incedo Inc.
  • Vice chairman, ONE Championship
  • Deserve, INC.

Philanthropy[edit]

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[edit]

Mittal has three children.[25]

Honors[edit]

Distinguished Alumnus Award 2017, Indian Institute of Technology, Delhi[26][27]

See also[edit]

References[edit]

  1. ^ "Indiabulls co-founder emerges among richest Singaporeans". International Business Times, Singapore Edition. 28 July 2017. Retrieved 4 March 2020.
  2. ^ hermes (28 July 2017). "Singapore's 50 richest became 11% richer in past year: Forbes". The Straits Times. Retrieved 4 March 2020.
  3. ^ a b "Mission Holdings is an investment firm led by entrepreneur Mr. Saurabh Mittal". www.missionholdings.com. Retrieved 4 March 2020.
  4. ^ "Distinguished Alumni Awards 2017 | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 19 March 2020.
  5. ^ a b "Saurabh Mittal". Forbes. Retrieved 19 March 2020.
  6. ^ "Sameer Gehlaut". Yo! Success. 1 December 2015. Retrieved 19 March 2020.
  7. ^ Kalesh, Baiju; Babar, Kailash (10 July 2014). "Indiabulls partners Sameer Gehlaut, Saurabh Mittal and Rajiv Rattan to divide operations". The Economic Times. Retrieved 19 March 2020.
  8. ^ "ONE Championship appoints Saurabh Mittal as vice chairman". www.sportspromedia.com. 13 March 2018. Retrieved 19 March 2020.
  9. ^ hermes (6 November 2017). "From duelling classmates to business partners". The Straits Times. Retrieved 4 March 2020.
  10. ^ Cua, Genevieve (5 December 2017). "Kicking off a storm". The Business Times. Retrieved 4 March 2020.
  11. ^ "Saurabh Mittal Joins ONE Championship As Vice Chairman | ONE Championship – Press Releases". ONE Championship – The Home Of Martial Arts. 13 March 2018. Retrieved 4 March 2020.
  12. ^ "Senior Leadership". ONE Championship – The Home Of Martial Arts. Retrieved 4 March 2020.
  13. ^ "Saurabh Mittal". Incedo – Tech Solutions, Consulting, Data, Analytics, Digital Transformation. Retrieved 4 March 2020.
  14. ^ "Saurabh Mittal". Incedo – Tech Solutions, Consulting, Data, Analytics, Digital Transformation. Retrieved 19 March 2020.
  15. ^ Peermohamed, Alnoor (23 October 2017). "Former Flipkart executive Nitin Seth joins Incedo as CEO". Business Standard India. Retrieved 9 March 2020.
  16. ^ "Flipkart's Nitin Seth joins tech services company Incedo as CEO". The Economic Times. 24 October 2017. Retrieved 9 March 2020.
  17. ^ Singapore, Tatler (16 October 2017). "Saurabh Mittal". Tatler Singapore. Retrieved 19 March 2020.
  18. ^ November 2019, 7th (7 November 2019). "Goldman Sachs leads $50m Series C funding round for credit card platform Deserve". FinTech Futures. Retrieved 19 March 2020.
  19. ^ "Saurabh Mittal". Forbes.
  20. ^ "Plaksha University". plaksha.org. Retrieved 19 March 2020.
  21. ^ "President of India launches Endowment Fund of IIT Delhi | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 19 March 2020.
  22. ^ "Governing Body | Parivaar". Retrieved 4 March 2020.
  23. ^ "Founder's Circle". avasara.in. Retrieved 9 March 2020.
  24. ^ "Mr. Saurabh Mittal, IIT Delhi Alumnus, donates Rs. 10 Crore for Sports Complex | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 9 March 2020.
  25. ^ "One Championship's Chatri Sityodtong & Saurabh Mittal on Work and Friendship".
  26. ^ "48th Convocation at IIT Delhi | Indian Institute of Technology Delhi". www.iitd.ac.in. Retrieved 9 March 2020.
  27. ^ Limited, Incedo Technology Solutions. "I.I.T Delhi Honors Saurabh Mittal, Chairman of Incedo and Mission Holdings, With the 2017 Distinguished Alumnus Award". www.prnewswire.com. Retrieved 4 March 2020.