Anand Jain
Anand Jain | |
|---|---|
| Born | 1957 |
| Nationality | Indian |
| Occupation(s) | Corporate leader, Chairman of Jai Corp Limited |
| Known for | Chairing Jai Corp Limited; Vice-chairman at Reliance Capital; Board member of Indian Petro Chemicals Ltd. |
| Notable work | Strategic guidance to Urban Infrastructure Real Estate Fund; Involvement in Mumbai's greenfield SEZ development |
Anand Jain (born 1957) is a prominent Indian corporate leader and currently chairs Jai Corp. Limited.
In 2007, he was positioned at number 11 on the Forbes list of India's 40 Richest. His son, Harsh Jain, holds the role of co-founder and CEO at Dream11, a leading Indian fantasy sports platform.
Business career
Anand Jain rose to prominence during the mid-1980s through his involvement with Reliance Industries, notably countering the bear cartel led by Manu Manek on the Bombay Stock Exchange. He played a crucial role in overseeing daily operations within the Reliance Group, particularly focusing on its telecommunications arm, Reliance Infocomm. In 2005, Anil Ambani stepped down from IPCL citing disagreements with Jain; however, following a resolution between the Ambani siblings later that year, Jain was expected to resign but continued his tenure on the IPCL board.
With a professional association spanning over 25 years, Jain has been integral to the Fortune 500 Reliance Group. He has held the position of vice-chairman at Reliance Capital and served on the boards of Indian Petro Chemicals Ltd. (IPCL). His governance experience extends to two terms on the Mumbai Port Trust board as well as a directorship at Rewas Port Limited.
Jain provides strategic guidance to the Urban Infrastructure Real Estate Fund, which successfully secured US$560 million through both domestic and international investors. As Chairman of Urban Infrastructure Venture Capital Limited, he oversees this fund dedicated to advancing urban infrastructure projects.
Currently serving as a senior executive within the Reliance Group, Jain is actively engaged in establishing Mumbai's inaugural greenfield Special Economic Zone (SEZ).
He also contributes to the Managing Council of Sir H. N. Reliance Foundation Hospital and Research Centre and was appointed by Maharashtra's government to the Empowered Committee tasked with transforming Mumbai into a world-class metropolis. Furthermore, he participates in the Citizens Action Group focused on enhancing Mumbai’s global standing.