Arumugham Mahendran
- January 10, 2024
- Indian Entrepreneur
Quick Facts
| Full Name | Arumugham Mahendran |
| Occupation | Indian entrepreneur |
| Date Of Birth | Feb 1, 1955(1955-02-01) |
| Age | 69 |
| Birthplace | India |
| Country | India |
| Horoscope | Aquarius |
Arumugham Mahendran Biography
| Name | Arumugham Mahendran |
| Birthday | Feb 1 |
| Birth Year | 1955 |
| Place Of Birth | India |
| Birth Country | India |
| Birth Sign | Aquarius |
Arumugham Mahendran is one of the most popular and richest Indian entrepreneur who was born on February 1, 1955 in India, India. Mahendran holds a degree in Bachelors in Commerce from the Loyola College, Chennai, India and qualified as a Chartered Accountant in 1979. He also completed Advanced Management Programs from the MIT Sloan School of Management, Northwestern University’s Kellogg School of Management and the University of Michigan’s Stephen M. Ross School of Business.
Mahendran then became the Managing Director of Godrej Hicare Limited. Within a year he sold a 51% stake in Godrej Hicare Limited to the Sara Lee Corporation, USA, valuing the company at Rs. 3.8 Billion. In 2010, he acquired Sara Lee’s 51% for the Godrej Group and integrated the business with Godrej Consumer Products Limited. As Managing Director, Mahendran steered the merger and acquisition cell at Godrej Consumer Products Limited. Over a period of 3 years from 2010 to 2013, he also spearheaded Godrej Group’s inorganic growth around the globe through merger & acquisition. Some of the acquisitions concluded were Tura brands (Nigeria), Megasari (Indonesia), Issue Group (Argentina) and Darling Group (South Africa).
In 2014, Mahendran created a synthetic start up, ‘’Global Consumer Products Private Limited’’ in the FMCG space. This joint venture along with private equity players Goldman Sachs (US) and Mitsui & Co. (Japan) was started on 1 February 2014. Mahendran is the promoter, shareholder, Chairman and Managing Director. The company has set up two offices (Bangalore and Mumbai) and developed and launched the chocolate brand, LuvIt, in the southern states of India.
Arumugham Mahendran is an Indian entrepreneur and the Chairman and Managing Director of Global Consumer Products Private Limited, a ‘‘’synthetic startup’’’ in the consumer goods sector. He is the former Managing Director of Godrej Consumer Products Limited.
In 2009, Mahendran promoted an online intimate apparel company called Daiki Brands Private Limited. The company has three brands: Peri-Peri (a premium avant – garde brand of lingerie), Biara (a mass market brand of lingerie) and Daiki (a premium brand of innerwear for men). In 2012, Mahendran sold 49% of the business to Brand Capital (A Bennett, Coleman & Company firm) at a valuation of Rs. 3 Billion. His son, Akshay Mahendran, currently manages the business and Mahendran is the Chairman of the Board.
Arumugham Mahendran Net Worth
| Net Worth | $5 Million |
| Source Of Income | Indian entrepreneur |
| House | Living in own house. |
Arumugham Mahendran is one of the richest Indian entrepreneur from India. According to our analysis, Wikipedia, Forbes & Business Insider, Arumugham Mahendran 's net worth $5 Million. (Last Update: December 11, 2023)
Mahendran began his career as a partner with Chartered Accountancy firm RNG Price & Associates in 1980. In 1987, he partnered with R Mohan in Transelektra Domestic Products Limited to launch a brand of household insecticide called GoodKnight and Hit in India. He drove the business from a start-up to a Rs. 500 million brand in sales in a short span of seven years after which he sold the business to the Godrej Group in 1994 for Rs. 1 Billion.
In 1996, Mahendran promoted a beverage company, GoodLife Industries Limited, focusing on South India and producing beverages under the brand name CheriO. This brand was subsequently bought by Global Consumer Products Private Limited. He also set up and promoted Harvey Heart Hospital, a super specialty cardiac care hospital in Chennai, India and continues to be its promoter and director. The Hospital provides clinical care for patients with heart disorders.
In January 2014, Mahendran partnered with IVF (India Value Fund) to acquire a 100% stake in ISS Hicare, a [est management firm, for Rs. 1.5 Billion.
Height, Weight & Body Measurements
Arumugham Mahendran height Not available right now. Arzu weight Not Known & body measurements will update soon.
Who is Arumugham Mahendran Dating?
According to our records, Arumugham Mahendran is possibily single & has not been previously engaged. As of December 1, 2023, Arumugham Mahendran’s is not dating anyone.
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Facts & Trivia
Arzu Ranked on the list of most popular Indian entrepreneur. Also ranked in the elit list of famous people born in India. Arumugham Mahendran celebrates birthday on February 1 of every year.