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Rajeev Chandrasekhar (born 31 May 1964) is an Indian politician and entrepreneur, and a Member of Parliament in the upper house (Rajya Sabha) of the Indian Parliament. He is the Member of Bharatiya Janata Party as of 2018 and also the vice-chairman of the Kerala wing of Bharatiya Janata Party-led coalition National Democratic Alliance. [1] He represents the state of Karnataka.

He serves as member of the Parliament, Standing Committee on Defence, Consultative Committee on Finance, the Central Advisory Committee for the National Cadet Corps, Co-Chairman of District Development Coordination & Monitoring Committee, Bangalore Urban District. He is one of the members of Rajya Sabha Select Committee on GST Bill[2] and Rajya Sabha Select Committee on Real Estate Bill[3].

He is the founder and chairman of Jupiter Capital Pvt. Ltd, a financial services and investment company. One of Jupiter Capital's portfolio companies' Asianet News is also the main and largest investor of 30 crore (US$4.3 million) for Republic TV.[4][5][6]


Early life and educationEdit

Rajeev was born in Ahmedabad, Gujarat. His father M. K. Chandrasekhar was an Air Commodore of the Indian Air Force. His mother is Valli Chandrasekhar.[citation needed]

He studied in various schools across India, and studied electrical engineering at Manipal Institute of Technology.[7] He completed Masters in Computer Science in 1988 from Illinois Institute of Technology, Chicago.[citation needed] He then attended the six-week Advanced Management Program at Harvard Business School.[citation needed]

CareerEdit

In 1981, Rajeev briefly worked for Softech, a start-up IT firm. After handpicked by Vinod Dham, Rajeev worked for Intel Corporation in the United States between 1985 and 1991 as Senior Design Engineer of the team that designed and launched the 32 bit 80486 microprocessor and as CPU architect in the team that designed the path breaking Pentium microprocessor.[citation needed]

EntrepreneurEdit

In 1994, Rajeev Chandrasekhar founded BPL Mobile. In July 2005, he sold his 64 percent stake in BPL Communications to Essar Group for US$1.1 billion.

Rajeev Chandrasekhar founded Jupiter Capital in 2005, with an initial investment of US$100 million, and currently has investments and managed assets of over US$800 million in technology, media, hospitality, and entertainment. Jupiter Entertainment Ventures Private Limited owns and operates media companies including Asianet News, Kannada Prabha and Suvarna News 24x7 and Republic TV run by Arnab Goswami. The company also owns radio brands Best FM and Radio Indigo.[8][9]

There has been some controversy regarding his personal income while being a Member of Parliament. Some claim that his declared net worth includes hidden undisclosed assets. [10] Rajeev has clarified the matter, and has put all his communication to Governments on his website.[11][9]

In April 2013, he was awarded an honorary doctorate by Visvesvaraya Technological University, Belgaum, for his work as an entrepreneur.

PoliticsEdit

Currently he is the vice chairman of BJP-led NDA Kerala state unit.[12]

Member of ParliamentEdit

Rajeev Chandrasekhar was an Independent member of Rajya Sabha representing Karnataka from April 2006 to April 2012. In April 2012, he was re-elected to the Rajya Sabha from Karnataka for a second six-year term as an Independent member. He has advocated for governance reforms, institution building, Internet freedom, national security, welfare of the Armed Forces Personnel and sustainable city building of Bangalore and Karnataka.

Positions heldEdit

  • Member of Parliament, Rajya Sabha
  • Member of Standing Committee on Defence
  • Member of Consultative Committee on Finance
  • Member of the Central Advisory Committee for the National Cadet Corps
  • Co-Chairman of District Development Coordination & Monitoring Committee, Bangalore Urban District.
  • Founder and Chairman, Jupiter Capital Pvt. Ltd.
  • Founder and Principal Donor – Flags of Honour Foundation
  • Founder and Principal Bengaluru Foundation
  • Founder and Managing Trustee – RC Foundation (RCF)
  • Chairman, National Military Memorial
  • Director, ARG Outlier

Personal lifeEdit

Rajeev is married to Anju and resides in Koramangala, Bengaluru. They have a son, Ved, and a daughter Devika. Anju is the daughter of telecom pioneer TPG Nambiar (founder of BPL Group).[13]

Honours, awards and international recognitionEdit

India Today magazine ranked him #41st in India's 50 Most powerful people of 2017 list.[14]

Year Name Awarding organization Ref.
2007 IIT Global Service Award. Illinois Institute of Technology, Chicago. [15]

ReferencesEdit

  1. ^ "'It's all about market share': Arnab Goswami's funder Rajeev Chandrasekhar on Republic TV and more".
  2. ^ "Rajya Sabha Select Committee on GST Bill".
  3. ^ "Rajya Sabha Select Committee on Real Estate Bill".
  4. ^ "MP Rajeev Chandrasekhar invests Rs 30 cr in Arnab Goswami's The Republic". MediaNama. Retrieved 12 June 2017.
  5. ^ "Kerala NDA vice-chairman Rajeev Chandrasekhar investor, director in Arnab Goswami's Republic". The Indian Express. Retrieved 12 June 2017.
  6. ^ "What the Nation Wants to Know but Arnab's Republic Won't Tell You". The Quint. Retrieved 12 June 2017.
  7. ^ "Distinguished Manipal Alumni".
  8. ^ "Personal Website of Rajeev Chandrasekhar". rajeev.in.
  9. ^ a b "Bloomberg Stock Page : Jupiter Entertainment Ventures Private Limited".
  10. ^ Rajshekhar, M. "How a legal loophole allows BJP MP Rajeev Chandrasekhar to hide his full wealth from election panel". Scroll India. Retrieved 18 March 2019.
  11. ^ "Personal Website of Rajeev Chandrasekhar". rajeev.in.
  12. ^ "Businessman Rajeev Chandrasekhar appointed Vice Chairman of NDA in Kerala - Times of India". The Times of India. Retrieved 12 February 2017.
  13. ^ https://www.bloomberg.com/research/stocks/people/person.asp?personId=13399159&privcapId=882639
  14. ^ "India's 50 powerful people". India Today. 14 April 2017.
  15. ^ "2007 Alumni Award winners". Illinois Institute of Technology. Retrieved 16 June 2016.

Further readingEdit

  • Sanghvi, Vir (2012). Men of Steel. Roli Books Private Limited. ISBN 9788174368256.
  • Denyer, Simon (2012). Rogue Elephant: Harnessing the Power of India's Unruly Democracy. A&C Black. ISBN 9781408849767.

External linksEdit