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Darshan Hiranandani (born October 13, 1981, in Mumbai, Maharashtra) is an Indian entrepreneur and business executive, best known for his role as the Chief Executive Officer (CEO) of the Hiranandani Group, a real estate conglomerate in India.[citation needed]
Early Life and Education
editDarshan Hiranandani was born in Mumbai, Maharashtra. He pursued higher education in the United States, earning a Bachelor of Science in Management Information Systems and an MBA in Entrepreneurship and Finance from the Rochester Institute of Technology in New York.[1][2]
Career
editHiranandani began his professional journey in the energy sector by founding the H-Energy Group of Companies in Mumbai in April 2009, focusing on providing energy solutions. In February 2014, he was appointed CEO of Hiranandani Communities, a subsidiary of the Hiranandani Group. He further expanded his leadership role by becoming the Managing Director of Nidar Group in January 2016.[3][4][5]
The Hiranandani Group, headquartered in Mumbai, has grown its presence across multiple cities, including Bengaluru, Chennai, and Hyderabad. The group's business interests span real estate, healthcare, education, energy, and hospitality. One of the group’s major achievements under Hiranandani's leadership was the inauguration of Yotta Infrastructure Solutions in July 2020, a company that operates one of the world’s largest data center campuses.[6]
Philanthropy and Board Memberships
editHiranandani is actively involved in several philanthropic and professional initiatives. He serves as a member of various councils under ASSOCHAM (Associated Chambers of Commerce and Industry of India) and is on the Board of Trustees for his alma mater, the Rochester Institute of Technology. He is also a member of the Board of Directors for RIT Dubai.[2]
In February 2004, Hiranandani contributed to the establishment of the Dr. L.H. Hiranandani Hospital, a non-profit institution under the Hiranandani Foundation. The hospital has been recognized with the Ramkrishna Bajaj Award for being one of the best hospitals in India.[7]
Personal Life
editDarshan Hiranandani is married to Neha Jhalani, the daughter of Delhi-based businessman Pradeep Jhalani. His sister, Priya Hiranandani, is married to London-based businessman Cyrus Vandrevala.[8]
Legacy and Influence
editThrough his leadership and entrepreneurial ventures, Darshan Hiranandani has made a significant impact on India’s business and infrastructure sectors, contributing to the growth of the Hiranandani Group and expanding its reach across diverse industries.[9]
Allegations and CBI Investigation
editIn March 2024, Darshan Hiranandani was named as an accused in a CBI FIR regarding the alleged cash-for-query case involving former TMC MP Mahua Moitra. BJP MP Nishikant Dubey accused Moitra of sharing her parliamentary login credentials with Hiranandani in exchange for gifts and favors. Following a Lokpal directive, the CBI conducted searches at Moitra's residence and was tasked with investigating the allegations. Moitra was expelled from the Lok Sabha in December 2023 after being found guilty by the ethics committee. The CBI continues to investigate the case and provide periodic updates.[10][11]
References
edit- ^ "Who is Darshan Hiranandani? A Look at His Impact on Real Estate and Sustainable Development, short story by suraj kumar". www.booksie.com. Retrieved 2025-01-09.
- ^ a b "Board of Directors". RIT Dubai. Retrieved 2025-01-09.
- ^ "Niranjan Hiranandani announces son Darshan as successor to his real estate empire". Business Today. 2019-07-18. Retrieved 2025-01-09.
- ^ "Our Leadership Team: Meet the Team | The Nidar Group". nidargroup.com. Retrieved 2025-01-09.
- ^ Comment, Dan Swinhoe (2024-06-26). "Hiranandani-owned Yotta to go public via SPAC merger". www.datacenterdynamics.com. Retrieved 2025-01-09.
- ^ "Yotta launches AI-based video surveillance platform for enterprises". Techcircle. 2024-11-19. Retrieved 2025-01-09.
- ^ "Hiranandani Hospital gets new CEO - Healthcare Radius". 2024-06-10. Retrieved 2025-01-09.
- ^ Reddy, Sujata (2017-11-03). "Niranjan Hiranandani on cloud nine as son Darshan and daughter-in-law Neha are expecting their second child". The Economic Times. ISSN 0013-0389. Retrieved 2025-01-09.
- ^ "Who is Darshan Hiranandani? Real State Tycoon embroiled in Mahua Moitra bribery scandal". www.truescoopnews.com. 2023-10-20. Retrieved 2025-01-09.
- ^ "CBI Includes Darshan Hiranandani As Accused In Case Against Mahua Moitra". www.ndtv.com. Retrieved 2025-01-09.
- ^ "Mahua Moitra cash-for-query case: Darshan Hiranandani named in CBI's FIR, says report | Latest News India - Hindustan Times". web.archive.org. 2024-07-09. Retrieved 2025-01-09.