Rajiv Rattan

Rajiv Rattan is an Indian entrepreneur and business executive who is a founder and Chairman of Rattan India Group.[1]

Rajiv Rattan
Rajiv
NationalityIndian
CitizenshipIndian
EducationNational Institute of Technology, New Delhi
OccupationEntrepreneur
Years active1999–present
Known forRattan India Group

Rattan partnered with Lone Star Funds to jointly invest $400 million (Rs 2,600 crore) and launched the NBFC - Rattan India Finance Pvt. Ltd. The Rattan family and affiliates of Lone Star each owns 50% of Rattan India Finance.[2]

Rattan co-founded the Indiabulls Group in 1999 - setting off from the securities business and rapidly expanding it into finance, real estate infrastructure and power businesses. Rattan took control of Indiabulls Infrastructure and Power in September 2014 and renamed it Rattan India Power in November 2014. The company created a national record by commissioning 3 units in its Amravati Power plant, having an aggregate capacity of 810 MW, within a short span of 39 days in March 2015.[3]

Early life

Rattan graduated from Indian Institute of Technology Delhi in 1994.[1]

Career

Rattan started his career with Schlumberger with a successful stint till 1999. Venturing into his own business, he co-founded the Indiabulls group – Indiabulls Infrastructure and Power, Indiabulls Housing Finance Ltd., Indiabulls Financial Services Ltd. and Indiabulls Real Estate Ltd.[1] He took control of Indiabulls Infrastructure and Power in September 2014 and named it as RattanIndia Power in November 2014.[3] In 2018, Rattan committed a joint investment of Rs. 2600 crore along with the affiliates of Lone Star to float an NBFC, RattanIndia Finance Pvt. Ltd.[2]

Awards
  • Rattan received the "Power Awards Thermal & Conventional Energy – Private Sector" at 9th ENERTIA Awards 2015 from Sh. Manohar Lal Khattar, Chief Minister of Haryana.[2] The award was recognition of RattanIndia Power as one of the largest private players in development of power plants in the country and has successfully commissioned 1620 MW of capacity in Maharashtra across its Amravati and Nashik Coal.[4]
  • Rattan received the "India TV Yuva Awards" for the Business category in 2013.[5]
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References
  1. "Business Leaders". Market Screener. 27 August 2018. Retrieved 29 May 2019.
  2. PTI (15 April 2018). "Lone Star, RattanIndia plan Rs2,600 crore investment to launch NBFC". Live Mint. Retrieved 29 May 2019.
  3. "Rajiv Rattan takes over Indiabulls Power with Rs.360 crore buyout". Business Standard. 7 September 2014. Retrieved 29 May 2019.
  4. Admin (17 May 2018). "'Indian Affairs Innovative Business Leader of the year 2018' at ILC Power Brand Awards 2018". ILE. Retrieved 29 May 2019.
  5. BMI Bureau (20 February 2013). "India TV forays into ground events with 'Yuva Awards'". Best Media Info. Retrieved 29 May 2019.
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