Mahindra Holidays & Resorts India Limited announced the appointment of Rajat Jain as Additional Director in the category of Non-Executive Independent Director of the company, with effect from November 3, 2022..
According to the company’s exchange filing, “We wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company have appointed Mr. Rajat Jain, as an Additional Director in the category of Non-Executive Independent Director of the Company, for a period of five consecutive years effective from November 3, 2022, subject to approval of the Shareholders.”
An IIT Delhi and IIM Ahmedabad Alum, Rajat 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, the statement said.
