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Priya Hiranandani-Vandrevala

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Priya Hiranandani-Vandrevala is an Indian entrepreneur, investor and philanthropist engaged in real estate and technology services investment. She founded and served as Chief Executive Officer (CEO) of business process outsourcing (BPO) firms Zenta Group and co-founded and served as CEO of Hirco.[1]

Priya Hiranandani at the World Economic Forum on India 2012
Priya Hiranandani at the World Economic Forum on India 2012

Early life & education[edit]

Born in Mumbai, India, Hiranandani-Vandrevala is the daughter of Indian entrepreneur and real estate developer Niranjan Hiranandani and Kamal Hiranandani. Priya holds a postgraduate degree from the University of Mumbai and is a chartered accountant by qualification.[2]

Family[edit]

Hiranandani-Vandrevala is married to Indian private equity investor and philanthropist Cyrus Vandrevala. They have two children and reside in London, England.[3]

Career[edit]

Hiranandani-Vandrevala spent the early part of her career with the accounting firm Arthur Andersen and joined the sales and marketing wing of Hiranandani Group.[4]

In 2000, Hiranandani-Vandrevala founded Zenta Group, a BPO firm serving blue-chip financial institutions. According to NASSCOM, by 2004 Zenta had grown to become one of the Top 10 largest BPOs in India.[5] Zenta was subsequently purchased by Accenture.[6]

In 2006, Hiranandani-Vandrevala and her father entered into a contract to develop real estate in India and co-founded Hirco PLC to amortize a portion of the family’s land bank for the development of two large-scale, mixed-use townships in Chennai in South India and in Panvel in the Mumbai Metropolitan Region.[7] Hiranandani-Vandrevala served as Hirco’s Executive Director and CEO from 2006 to 2010. In 2006, Hirco raised £362.6 million net in its initial public offering (IPO) on the London Stock Exchange’s Alternative Investment Market (AIM) in 2006.[8]

In 2009, Hiranandani-Vandrevala contended that her father had breached their contract and she invoked the contract’s arbitration clause.[9] In 2016, the Bombay High Court directed Niranjan Hiranandani to pay Hiranandani-Vandrevala ₹520 crore as compensation.[10]

Honours[edit]

In 2011, the World Economic Forum (WEF) named Hiranandani-Vandrevala to its Forum of Young Global Leaders.[11] She also served as the Chairman, Steering Board, Real Estate Community, World Economic Forum.[12]

At the World Economic Forum on India 2012, Hiranandani-Vandrevala was a panelist at the “A Vision for India” session.[13]

Philanthropy[edit]

Hiranandani-Vandrevala and her husband established the Vandrevala Foundation, a social enterprise that primarily focuses on supporting people suffering from mental health issues.[14] The Foundation launched a major mental health initiative in India in 2009, the flagship program of which is a 24/7 mental health helpline[15] Hiranandani-Vandrevala and her husband are Patrons of Elephant Family, an NGO that is working to save the Asian elephant from extinction in the wild.[16][17]

In 2011, Hiranandani-Vandrevala and her husband were named in the London Evening Standard’s list of London's top philanthropists.[18] Hiranandani-Vandrevala is also active with various state government and non-government organizations focused on urban development policy in India.

Personal life[edit]

On 21 November 2013, Hiranandani-Vandrevala and her husband hosted a 400-person event at Buckingham Palace for Charles, Prince of Wales on the occasion of his 65th birthday.[19]

References[edit]

  1. "Zenta Group Announces Equity Partnership with GTCR". Business Wire. Retrieved 2017-10-13.
  2. "Her father's daughter". Business Standard News. Retrieved 2017-10-13.
  3. "The rise of the Bollygarchs". Telegraph. Retrieved 2017-10-13.
  4. "Priya Hiranandani-Vandrevala". World Economic Forum. Retrieved 2017-10-13.
  5. "WNS Group is top BPO company in India: Nasscom". Times of India. Retrieved 2017-10-13.
  6. "Accenture Completes Acquisition of Zenta". Accenture Newsroom. Retrieved 2017-10-13.
  7. "Hirco Plc to raise another $800 million in two years". financialexpress.com. Retrieved 2017-10-13.
  8. "Island Aids India´s Biggest Developer In Latest Expansion - Strategy - Isle of Man". mondaq.com. Retrieved 2017-10-13.
  9. "www.businessandeconomy.org/30052012/storyd.asp?sid=6897&pageno=1". businessandeconomy.org. Retrieved 2017-10-13.
  10. "Bombay HC directs Niranjan Hiranandani to pay daughter Priya ₹520 cr compensation". Business Line. Retrieved 2017-10-13.
  11. "Sanjay Chandra,11 other Indians among WEF Young Global Leaders". deccanherald.com. Retrieved 2017-10-13.
  12. "Priya Hiranandani-Vandrevala". World Economic Forum.
  13. "World Economic Forum on India" (PDF). World Economic Forum.
  14. "Vandrevala foundation moves to improve Maharashtra mental health care". Business Standard News. Retrieved 2017-10-13.
  15. "Mental health helpline launched in Surat". Times of India. Retrieved 2017-10-13.
  16. "Elephants Parade Through London". forbes.com. Retrieved 2017-10-13.
  17. "500km Auto Rickshaw race in Madhya Pradesh to save elephants". Business Standard News. Retrieved 2017-10-13.
  18. "London's 1000 most influential people 2011: Faith and Philanthropy". London Evening Standard. Retrieved 2017-10-13.
  19. "Indian billionaire couple host Prince Charles' birthday bash". The Economic Times. Retrieved 2017-10-13.

External links[edit]

Vandrevala Foundation website: http://vandrevalafoundation.com/index.html


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