Vinay Maloo
| Vinay Maloo | |
|---|---|
London
|
|
| Born | 10 January 1961 |
| Residence | Mumbai |
| Nationality | Indian |
| Alma mater |
St. Xavier's College, University of Calcutta, Institute of Chartered Accountants of India(drop out) |
| Occupation | Chairman of Enso Group |
| Net worth | Undisclosed |
| Spouse(s) | Vineeta Maloo |
| Website | www |
Vinay Maloo (born 11 February 1962) is the Founder and Chairman of Enso Group. Enso is into various industries with assets and projects spread globally.
After completing early part of his schooling from Rajasthan, he moved to Kolkata for high school. He then went on to study commerce from St. Xavier's College, Kolkata, graduated in 1981 and wanted to pursue Chartered Accountancy like his father, but left it midway to pursue an entrepreneurial career with marble mining in Kankroli near Udaipur in Rajasthan.
Maloo left Kolkata for New Delhi in 1990 to co-found Himachal Futuristic Communications Limited (HFCL) with his uncle and left Kolkata with a telecom equipments manufacturing plant in Solan in Himachal Pradesh in North India. This made them the first private sector company to enter into telecom sector in India. HFCL introduced new technologies in the Asian market and pioneered the telecom sector during that era. Their $25 billion (₹ 850 billion) bid for basic services license in India created the momentum for telecom in the country. During technology boom, HFCL peaked at an approximately $4 billion market cap making him one of the top 10 richest Indians. In 2005, the partners split, uncle keeping the telecom business as Maloo wanted to expand into different sectors, seeing present sector as fully saturated.
Enso Group is a growing conglomerate which is privately held for most part. It started with oil & gas as primary focus, in 2005, but has made slow and steady progress in few other industries besides energy. The group has expanded horizontally with mining opportunities of precious metals, ferrous and non-ferrous metals and diamonds in Africa. Totally, Enso is present in over 10 countries.
A PPP initiative of Enso Healthcare Limited, Enso Care, was launched with GE-Wipro and Government of Maharashtra & another one in Punjab.
Enso Group is working on Oil & Gas projects in different parts of the world.
Business verticals of Enso Group :
Enso Foundation is a non-profit charitable trust under Enso Group with a mandate for India & Africa.Wife Vineeta Maloo and son Vaibhav Maloo are on board of this trust. The group is also affiliated with Tour De India.
...
Wikipedia