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Hembram Bakhul: Created page with "{{short description|British businessman}} {{Use dmy dates|date=November 2015}} {{Infobox person | name = Raj Kundra | image = Raj_kundra.jpg | birth..."

2021-07-03T05:40:42Z

Created page with "{{short description|British businessman}} {{Use dmy dates|date=November 2015}} {{Infobox person | name = Raj Kundra | image = Raj_kundra.jpg | birth..."

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{{short description|British businessman}}
{{Use dmy dates|date=November 2015}}
{{Infobox person
| name = Raj Kundra
| image = Raj_kundra.jpg
| birth_date = 9 sep 1975
| birth_place = [[London]], [[United Kingdom]]
| occupation = Businessman, Entrepreneur
| birth_name = Ripu Sudan Kundra
| website = [http://rajkundra.net/ rajkundra.net]
| spouse = Kavita Kundra (divorced)<br>{{marriage|[[Shilpa Shetty]]|2009}}
| children = 3
| net_worth =
}}
'''Raj Kundra''' is a British-Indian businessman. In 2004, he was ranked as the 198th richest British Asian by [[Success (magazine)]].<ref>{{cite web | url= https://economictimes.indiatimes.com/people/raj-kundra-rise-from-a-pashmina-trader-to-an-international-entrepreneur/198th-richest-british-asian/slideshow/20476067.cms |title= Raj Kundra: Rise from a Pashmina trader to an international entrepreneur | publisher = Economic Times| access-date= 7 Jun 2013 }}</ref> His father, Bal Krishan Kundra was a middle-class businessman and his mother Usha Rani Kundra was a shop assistant when he was a child.<ref>{{cite web|url= https://www.leaderbiography.com/raj-kundra-trailblazing-journey-successful-entrepreneur/|title=Raj Kundra's trailblazing journey: From being a college dropout to becoming a successful entrepreneur|publisher=leader Biography}}</ref> Kundra has had various investment interests, including both [[cricket]] and [[mixed martial arts]]. He is married to [[Shilpa Shetty]], a [[Bollywood]] actress, since 2009.

== Early life ==
Raj Kundra's father was a [[Punjabi people|Punjabi]] who migrated from [[Ludhiana]] and became a bus conductor in [[London]] before running a small business. His mother worked as a shop assistant.<ref name="archives.deccanchronicle.com">{{cite news |url=http://archives.deccanchronicle.com/130607/news-current-affairs/article/raj-kundra-bus-conductor%E2%80%99s-son-biz-tycoon |title=Raj Kundra, from bus conductor's son to biz tycoon |date=7 June 2013 |work=Deccan Chronicle |access-date=2015-06-12 |archive-url=https://web.archive.org/web/20140808052516/http://archives.deccanchronicle.com/130607/news-current-affairs/article/raj-kundra-bus-conductor%E2%80%99s-son-biz-tycoon |archive-date=8 August 2014 |url-status=live |df=dmy-all }}</ref>

Kundra was born and raised in London.<ref name=Mint20090211>{{cite news |title=It's not about getting the best players, but making the weakest stronger |first=Gouri |last=Shah |newspaper=Mint |location=Delhi |date=11 February 2009 |url=http://www.rajkundra.net/assets/news/1.pdf |access-date=2011-12-27 |archive-url=https://web.archive.org/web/20111125005344/http://www.rajkundra.net/assets/news/1.pdf |archive-date=25 November 2011 |url-status=live |df=dmy-all }}</ref> At the age of 18, Kundra left home for Dubai further went to Nepal and started a business of pashmina shawls and sold them to all major fashion houses in Britain and made his first millions.<ref>{{cite web|url= https://timesofindia.indiatimes.com/news/Raj-Kundra-a-college-drop-out-who-first-made-it-big-selling-pashmina-shawls/articleshow/20467799.cms|title=Raj Kundra, a college drop-out who first made it big selling pashmina shawls|publisher=Times Of India|access-date=7 Jun 2013}}</ref> {{As of|2009}}, In 2007 he moved to Dubai and set up Essential General Trading LLC a company dealing in precious metals, construction, mining and green renewable energy projects. He was also at that time involved in the financing and production of Bollywood films.<ref name="BC20090203">{{cite web |title=Rajasthan Royals agrees to take strategic investment from Raj Kundra and Shilpa Shetty |date=3 February 2009 |publisher=Blenheim Chalcot |location=London |url=http://www.blenheimchalcot.com/press_releases.aspx |access-date=2011-12-27 |archive-url=https://web.archive.org/web/20120307191616/http://www.blenheimchalcot.com/press_releases.aspx |archive-date=7 March 2012}}</ref>

Kundra has been married twice, first to Kavita Kundra, with whom he had a daughter.<ref>{{cite news |url=https://www.manchestereveningnews.co.uk/whats-on/film-and-tv/shilpa-wrecked-my-marriage-999804 |work=Manchester Evening News |title=Shilpa Wrecked My Marriage |date=13 January 2013 |access-date=2019-05-17}}</ref> The couple later divorced. On 22 November 2009 Kundra married Bollywood actress Shilpa Shetty.<ref>{{cite news | url=http://articles.timesofindia.indiatimes.com/2009-11-30/news-interviews/28103353_1_shilpa-shetty-kundra-wedding-receptions-mediterranean-cruise | title=Thank god, I'll marry only once: Shilpa | date=30 November 2009 | access-date=1 July 2013 | archive-url=https://web.archive.org/web/20130616161245/http://articles.timesofindia.indiatimes.com/2009-11-30/news-interviews/28103353_1_shilpa-shetty-kundra-wedding-receptions-mediterranean-cruise | archive-date=16 June 2013 | url-status=dead | work=[[The Times of India]] | df=dmy-all }}</ref> Kundra and Shetty have a son, born on 21 May 2012,<ref>{{cite news |url=http://www.rediff.com/movies/report/report-shilpa-shetty-gives-birth-to-a-baby-boy/20120521.htm |title=Shilpa Shetty gives birth to a baby boy |date=21 May 2012 |publisher=Rediff |access-date=2012-06-07 |archive-url=https://web.archive.org/web/20120614072813/http://www.rediff.com/movies/report/report-shilpa-shetty-gives-birth-to-a-baby-boy/20120521.htm |archive-date=14 June 2012 |url-status=live |df=dmy-all }}</ref> and a daughter, born through [[surrogacy]] on 15 February 2020.<ref>{{Cite web|url=https://www.theweek.in/news/entertainment/2020/02/21/shilpa-shetty-husband-welcome-baby-girl-born-through-surrogacy.html|title=Shilpa Shetty, husband welcome baby girl born through surrogacy|website=The Week|language=en|access-date=2020-02-26}}</ref>

Kundra is involved with a charitable organisation called the Shilpa Shetty Foundation.<ref name=Mint20090211 /> His book titled ''How Not to Make Money'' was published in 2013.<ref>{{cite web|title=Raj Kundra's book now a British crime-thriller|url=http://timesofindia.indiatimes.com/entertainment/hindi/bollywood/news/Raj-Kundras-book-now-a-British-crime-thriller/articleshow/48538535.cms|website=[[The Times of India]]|access-date=2015-08-19|archive-url=https://web.archive.org/web/20170123215618/http://timesofindia.indiatimes.com/entertainment/hindi/bollywood/news/Raj-Kundras-book-now-a-British-crime-thriller/articleshow/48538535.cms|archive-date=23 January 2017|url-status=live|df=dmy-all}}</ref>

== Business ==
As of 2013, Raj Kundra was associated with Essential Sports and Media which was involved with production and distribution apart from sports, and Iconic Investments, a private fund trading in equity markets. Other ventures included Satyug Gold, Super Fight League, and more recently Bastian Hospitality a famous restaurant chain in Mumbai.<ref>{{Cite web|url= https://timesofindia.indiatimes.com/news/Raj-Kundra-a-college-drop-out-who-first-made-it-big-selling-pashmina-shawls/articleshow/20467799.cms | title= Raj Kundra, a college drop-out who first made it big selling pashmina shawls | work = The Times Of India | access-date = 7 Jun 2013 }}</ref>

In 2015, Kundra was among the promoters of online and television broadcast platform [[Best Deal TV]], an Indian television home shopping channel capitalising on celebrity endorsements. His co-promoter was Bollywood actor [[Akshay Kumar]].<ref name="business-standard.com">{{cite web|title=Home shopping channel Best Deal TV to raise Rs 100 cr|url=http://www.business-standard.com/article/companies/best-deal-tv-to-raise-rs-100-cr-115051901327_1.html|website=[[Business Standard]]|access-date=2015-05-20|archive-url=https://web.archive.org/web/20150916164420/http://www.business-standard.com/article/companies/best-deal-tv-to-raise-rs-100-cr-115051901327_1.html|archive-date=16 September 2015|url-status=live|df=dmy-all}}</ref>

Under the government of India’s Startup India initiative Raj Kundra is set to launch India’s first live streaming social media app Jaldi Live Stream App which will allow professional as well as amateur streamers to live stream their content.<ref name="Economic Times">{{cite web|url=https://m.economictimes.com/small-biz/startups/newsbuzz/raj-kundra-to-launch-made-in-india-live-streaming-platform/amp_articleshow/78251312.cms|title=Raj Kundra to launch 'Made in India' live streaming platform|publisher=Economic Times|access-date=22 Sep 2020}}</ref>

== Indian Premier League ==
{{main|Rajasthan Royals}}

In 2009, Kundra and Shetty invested in the Indian Premier League cricket team Rajasthan Royals using an offshore company based in Mauritius.<ref>{{cite web |url=https://www.business-standard.com/article/companies/shilpa-shetty-partner-buy-12-in-rajasthan-royals-109020400008_1.html|publisher= Business Standard |title= Shilpa Shetty, partner buy 12% in Rajasthan Royals
|access-date=25 January 2013}}</ref><ref>{{cite web |url=https://www.business-standard.com/article/current-affairs/thin-dividing-line-ties-between-ipl-team-owners-and-offshore-dealings-117120801381_1.html|title=Thin Dividing Line: Ties between IPL team owners and offshore dealings |publisher=Business Standard |access-date=16 December 2019}}</ref> The legality of the investment was questioned by departments of the Government of India.<ref>{{cite web |url=https://www.hindustantimes.com/india/eye-on-rr-money/story-286MEcUCfIZBSBgSF1p8cL.html|title=Eye on RR money |publisher=Hindustan Times |access-date=22 April 2010}}</ref>

In June 2013, Kundra was questioned by Delhi Police with regard to the 2013 Indian Premier League spot-fixing case,<ref>{{cite web |url=https://www.rediff.com/cricket/report/ipl-spot-fixing-rajasthan-royals-owner-raj-kundra-questioned-by-delhi-police/20130605.htm |title=Rajasthan Royals owner Raj Kundra questioned by Delhi Police|publisher=Rediff |access-date=5 June 2013}}</ref> which had involved the arrest of some Rajasthan Royals players, further Delhi police have given a clean chit to Kundra in reply on right to information (RTI).<ref>{{cite web |url=https://economictimes.indiatimes.com/news/politics-and-nation/ipl-spot-fixing-scandal-meiyappan-kundra-get-clean-chit-srinivasan-may-return-as-bcci-chief/articleshow/21425875.cms|title=IPL spot-fixing scandal: Meiyappan, Kundra get clean chit; Srinivasan may return as BCCI chief|publisher= Economic Times|access-date=29 Jul 2013}}</ref> In July 2015 a panel appointed by the [[Supreme Court of India]] imposed a life ban from the cricket-related activity on him. Further, Kundra denied the involvement and appeal to the Supreme Court of India.<ref>{{cite web |url=https://www.cricketcountry.com/news/raj-kundra-files-petition-in-supreme-court-following-clearance-on-ipl-betting-scandal-from-delhi-police-697149|title=Raj Kundra files petition in Supreme Court following clearance on IPL betting scandal from Delhi Police|publisher=CricketCountry|access-date=30 March 2018}}</ref><ref>{{cite web |url=https://www.deccanchronicle.com/sports/cricket/300318/ipl-spot-fixing-banished-raj-kundra-files-petition-in-sc-hopes-to-ov.html|title= IPL spot-fixing: Banished Raj Kundra files petition in SC, hopes to overturn ban|publisher=Deccan Chronocale|access-date= 30 Mar 2018}}</ref>

Umesh Goenka a business partner of Raj Kundra claimed in a court that he was forced to name him in betting by Delhi Police and to save himself from physical torture and from being booked under MCOCA [[Maharashtra Control of Organised Crime Act]].<ref>{{cite web |url=https://ahmedabadmirror.indiatimes.com/sports/cricket/delhi-police-forced-me-to-implicate-kundra-partner/articleshow/35908813.cms|title=Delhi police forced me to implicate Kundra: Partner |publisher=Ahamedabad Mirror|access-date=13 Jun 2013}}</ref><ref>{{cite web |url=https://www.indiatoday.in/sports/video/ipl-spot-fixing-umesh-goenka-delhi-police-bashing-confession-india-today-420304-2013-06-12|title=IPL Spot Fixing Umesh Goenka Delhi Police Bashing Confession|publisher=India Today|access-date=12 June 2013}}</ref>

== Super Fight League ==
Kundra and Bollywood star [[Sanjay Dutt]] launched India's first professional mixed martial arts fighting league, the [[Super Fight League]], on 16 January 2012.<ref name=TOI01172012>{{cite news |title=Ready for the Super Fight League? |location=Mumbai |url=http://articles.timesofindia.indiatimes.com/2012-01-17/news-interviews/30632385_1_mma-sport-fight-night |first=Roshni |last=Olivera |access-date=2012-01-19 |archive-url=https://web.archive.org/web/20131212031726/http://articles.timesofindia.indiatimes.com/2012-01-17/news-interviews/30632385_1_mma-sport-fight-night |archive-date=12 December 2013 |url-status=dead |newspaper=[[The Times of India]] |df=dmy-all }}</ref>

==Best Deal TV==
In 2015, Kundra was among the promoters of online and television broadcast platform [[Best Deal TV]], an Indian television home shopping channel capitalising on celebrity endorsements. His co-promoter was Bollywood actor [[Akshay Kumar]].<ref name="business-standard.com"/>

==Viaan Industries==
The company was started in 2014 which deals in Entertainment, Gaming, Licensing, Technology & Animation.
* Match Indian Poker League
In 2017 Kundra entered into a partnership with the International Federation of Poker, to launch the worlds first sports poker league, via his company Viaan Industries Ltd <ref>{{cite web|url=https://cricketprediction.com/gambling/raj-kundra-linked-company-withdraws-real-money-stock-game/|title=Raj Kundra linked company withdraws real money stock game following media and SEBI pressure|publisher=Cricket Prediction|access-date= 2 September 2016}}</ref> and announced the winning team representing the team India in the nations cup.<ref>{{cite web|url=https://www.firstpost.com/sports/banished-rajasthan-royals-co-owner-raj-kundra-launches-poker-league-to-put-india-on-global-map-3910271.html|title=Banished Rajasthan Royals co-owner Raj Kundra launches poker league to 'put India on global map|publisher=FirstPost|access-date=9 August 2017}}</ref>

==J L Stream India Pvt==
Under the government of India’s Startup India initiative Raj Kundra CEO of J L Stream Pvt Ltd launched India’s first live streaming social media app Jaldi Live Stream app which will allow professional as well as amateurs to showcase talent by live streaming.<ref name="Economic Times"/>

== Awards and honours ==
*Raj Kundra was awarded [[Champions of Change (award)|Champions of Change Award]] in 2019, for his work in various facets of [[Swachh Bharat Mission]]. The award was conferred by former [[President of India]] [[Pranab Mukherjee]] at [[Vigyan Bhavan|Vigyan Bhavan New Delhi]] on 20 January 2020.<ref>{{cite news |title='Sparsh Ganga initiative' wins Champions of Change Award |url=https://www.newindianexpress.com/cities/delhi/2020/jan/22/sparsh-ganga-initiative-wins-champions-of-change-award-2092664.html |newspaper=The New Indian Express | date=22 January 2020 | access-date=18 November 2020 }}</ref><ref>{{cite news |title=जानें क्यों शिल्पा और राज को मिला 'चैंपियन ऑफ चेंज अवॉर्ड', 'स्वच्छ भारत अभियान' से है कनेक्शन |url=https://www.amarujala.com/photo-gallery/entertainment/bollywood/shilpa-shetty-and-raj-kundra-awarded-the-champion-of-change-2019-award-from-pranab-mukherjee |work=Amar Ujala}}</ref>

== References ==
{{reflist}}

{{DEFAULTSORT:Kundra, Raj}}
[[Category:Living people]]
[[Category:Businesspeople from London]]
[[Category:Indian Premier League franchise owners]]
[[Category:Year of birth missing (living people)]]