Bhupendra Kumar Modi

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Bhupendra Kumar Modi (Dr. M)
Dr.Bhupendra-Kumar-Modi.jpg
Born
02 January 1949 (age 72) Modinagar, India
NationalitySingaporean
Alma materIndian Institute of Technology(IIT-BHU) and University of Southern California
OccupationFounder Chairman: Smart Group 

Founder Chairman: Global Citizen Forum  Honorary President: World Federation of United Nations Associations  

Global Chairman: Foreign Investors India Forum
Net worth$645 million (as of 2017)[1]
Spouse(s)Veena Modi
Children3: Ritika(49), Dilip Modi(47) and Divya(33).
Parent(s)Gujarmal Modi and Dayawati Modi
HonoursEntrepreneur of the Year Award (2017) Global Thought Leader for Global Peace Award (2018)
Websitehttps://dr-m.global/

http://smartgroup.com/

https://globalcitizenforum.co/

Dr. M[2] (or Bhupendra Kumar Modi; born 2 January 1949) is an Indian-born Singaporean billionaire business leader,[3] global wellness crusader and technopreneur. He is the founder-chairman of Smart Group of companies,[4] the founder of Global Citizen Forum and the global chairman of the Foreign Investors India Forum.[5] He is also the Honorary President of the World Federation of United Nations Associations.[6]

Dr. M is son of Raibahadur Gujarmal Modi and Dayawati Modi. He graduated with a degree in chemical engineering from the Indian Institute of Technology (IIT-BHU) and received an MBA from the University of Southern California. He has been awarded a PhD. in Financial Management.

Dr. M laid the foundation for his business empire with Modi Xerox - a joint-venture with Xerox. The venture was the first of many individual collaborations with leading international business partners that earned him the epithet of being the "JV King of India."[2] His ventures revolutionised the fields of office automation and mobility in India. In 1995, Dr. M orchestrated the first mobile call in the country on the Modi-Telstra network,[7] effectively laying the foundation of a 'Digital India' that we see today.

In June 2008, he exited the telecom business in a landmark deal with Idea Cellular that became the fourth largest M&A deal involving an Indian entity[8] at the time.

In 2013, Dr. M was featured in Singapore's 50 Richest List by Forbes.[9] In the same year, he dropped use of the name 'Spice' in favour of 'Smart',[10] signalling a fresh approach to business. He also entered into the socially conscious entertainment as co-producer of Akshay Kumar, Paresh Rawal starrer, OMG! And producer of the tele-serial 'Buddha'.

In 2015, Smart Group announced its foray into wellness and healthcare with the aspiration of creating a world class healthcare ecosystem in India and specifically the capital city of New Delhi. The group's approach to healthcare is based on Dr. M's philosophy of living "Beyond 100[11]" - that is enjoying happy, healthy, productive and independent life. To execute this, the group has partnered with multiple global wellness leaders including the American Academy of Anti-Aging Medicine (A4M) and Fountain Life amongst others. Dr. M plans to bring home concept of 'Beyond 100' living by developing wellness communities, a virtual wellness platform and preventive healthcare centres.[12]

Personal life[edit]

Dr. M is married to Veena Modi and the couple has three children: eldest daughter, Ritika Rungta (49), son, Dilip Modi (47) and the youngest daughter, Divya(33).

Career[edit]

In 1975, as a part of Modi Rubber, Dr. M made the first Indo-International technical collaboration in the tyre industry with Continental (Germany), establishing himself as a business leader with a global outlook. In 1981, Dr. M laid the foundation for his business empire by setting up Graphics India which became the sole distributor of Rank Xerox copiers in India and formed Modi Xerox as a joint-venture with Xerox, setting up India's first office automation product manufacturing facility in Modipur, Rampur in the Indian state of Uttar Pradesh.

In 1987, Dr. M formed a joint-venture with Olivetti(Italy), Modi Olivetti was the first Indian joint-venture to manufacture advanced PC's and floppy disks. He also entered into a joint venture with Alcatel (France) with Alcatel Modi Network Systems in 1992 - the first Indian private sector company to manufacture telecom equipment and export digital switching systems and to set up a GSM network in India.

In 1993, his company Modi Telstra became the first company to launch cellular services in India and received the first Telecom Engineering Commission Certification of Quality. The first ever mobile call in India was placed on the Modi Telstra network by the then Chief Minister of Kolkata, Jyoti Basu to Sukh Ram, the then Union communications minister, in July 1995.[13]

Later Dr. M formed Spice Communications, a joint-venture with Telekom-Malaysia (Now: Axiata) which went on to become the leading telecom operator in Northern and Southern India. In 2000, Dr. M established Cellebrum (now Spice Digital), India's pioneering mobile value-added services company for telecom operators. In 2004, he founded Spice Hotspot - the first Indian mobile retail chain. Spice Mobiles was one of the earliest producers of Indian-branded handsets in India, famously endorsed by Bollywood A-listers like Katrina Kaif and Priyanka Chopra.

In 2009, Dr. M acquired a major stake in i2i, a listed company in Singapore Stock Exchange, making it S-i2i[14] (now SEVAK LTD.[15]) which is a regional distributor, provider and enabler of info-communication products and services in Singapore and Indonesia.

In 2015, Dr. M announced his foray into wellness and healthcare with the aspiration of creating a world class healthcare ecosystem in India with new forays in preventive healthcare such as the Modi Yoga Retreat[16] in Rishikesh and the Smart Metabolic Anti-Aging centre in New Delhi.[17]

Dr. M's approach to healthcare is based on his philosophy of living "Beyond 100" - that is enjoying a happy, healthy, productive and independent life. To execute this, his group company, SEVAK LTD. has partnered with Uber to operate a 100% commercially owned electric vehicle fleet [18] in Singapore. In addition, the group has also built affiliations with multiple global wellness leaders including the 'American Academy of Anti-Aging Medicine (A4M), "Global Wellness Institute" and "Fountain Life" amongst others to bring home concept of 'Beyond 100' living by developing wellness communities, a virtual wellness platform and preventive healthcare centres across India, starting with Noida (Uttar Pradesh).

Global Citizen Forum & Foreign Investors India Forum[edit]

A global citizen by thought, Dr. M founded the Global Citizen Forum[19] in January 2013 with an objective of creating "One World Beyond Gender, Religion and Nationality[20]". Global Citizen Forum works towards creating a sustainable and integrated world community through its network of progressive 'Global Citizens'. The organisation has held several events across the globe, including in the United Nations headquarters in New York[20] which were attended by a wide-ranging audience from business leaders and head os states to ordinary citizens.

Since 2019, Dr. M as Global Chairman of Foreign Investors India Forum(FIIF) has led the call - supported by international affiliates and all leading domestic chambers of commerce - to promote and support economic investment into India and make India a Global Economic Power,[21] supporting the vision of making India a $5 trillion economy.[22]

Filmography[edit]

as co-producer
as producer
  • 2013, Buddha is a historical drama based on the life of Buddha that shows how a prince 'Siddhartha', became 'Buddha[24]', aired on Sunday, 8 September 2013 at 11 am on Zee Tv and Doordarshan.
  • (Upcoming) Adi Shankaracharya, a historical drama based on the life of the Hindu saint Sri Adi Shankaracharya, who is credited with the revival of Hinduism in the 8th century CE. Serial air date & Broadcast partner - TBD.

Books[edit]

  • Hinduism The Universal Truth (1993)
  • Performance — A Manager's Challenge (1995)
  • One God (2000)
  • India and Hinduism (2002)

Awards and honours[edit]

  • In 1997, Dr. M was appointed as chairman of the Cellular Operators Association of India.
  • In 2000, Dr. M was appointed as the coordinator for Indian subcontinent for Millennium World Peace Summit by United Nations.
  • In 2004, the US House of Representatives issued a proclamation in appreciation of Dr. M's efforts to promote deeper understanding between the countries and congratulated him on his innovations and humanitarian efforts worldwide
  • 2009, Dr. M received a special commendation from the then Singapore Minister-Mentor Lee Kuan Lew on the occasion of the fifth anniversary of the Lee Kuan Institute of Public Policy.
  • In 2013, 'Ambassador of Peace Award' conferred by the Universal Peace Foundation.
  • In 2015, 'Lifetime Achievement Luminary Award' by Channel News Asia, Singapore.
  • In 2017, 'Entrepreneur of the Year Award' by Singapore Indian Chamber of Commerce.
  • In 2018, 'Global Thought Leader for Global Peace Award' by Stardust.
  • In 2019, Dr. M was appointed the Honorary President for World Federation of United Nation Associations.

References[edit]

  1. ↑ "Bhupendra Kumar Modi". Retrieved 28 July 2016.
  2. ↑ 2.0 2.1 "Dr. M BK Modi Hails a 'Hindu Renaissance' as Sree Padmanabhaswamy Gets Justice After Hard-won Legal Battle". The Week. Retrieved 14 April 2021.
  3. ↑ "The Billionaire's Bash". Khaleej Times. Retrieved 14 April 2021.
  4. ↑ "Index". smartgroup.com. Retrieved 14 April 2021.
  5. ↑ Bureau, BW Online. "Foreign Investors Forum For Rationalisation Of Tax Norms For Foreign Nationals Living In India". BW Businessworld. Retrieved 14 April 2021.
  6. ↑ "Bhupendra Kumar Modi". WFUNA - World Federation of United Nations Associations. 20 March 2019. Retrieved 14 April 2021.
  7. ↑ "20 years of the mobile phone in India: One call that started it all". Economic Times Blog. 31 July 2015. Retrieved 14 April 2021.
  8. ↑ "Idea-Spice deal 4th largest M&A in India". DNA India. 25 June 2008. Retrieved 14 April 2021.
  9. ↑ "Bhupendra Kumar Modi". Forbes. Retrieved 14 April 2021.
  10. ↑ Singh, S. Ronendra. "Spice set to become Smart". @businessline. Retrieved 16 April 2021.
  11. ↑ "Smart Group to invest Rs 2,000 crore to open wellness city in Delhi". The Economic Times. Retrieved 14 April 2021.
  12. ↑ "With Focus On Health, Green Tech, NRI Plans To Invest Billions In India". NDTV.com. Retrieved 16 April 2021.
  13. ↑ "20 years of the mobile phone in India: One call that started it all". India Times.
  14. ↑ Mitra, Sounak (26 July 2013). "'Joint Venture Modi' comes back home with eye on globe". Business Standard India. Retrieved 16 April 2021.
  15. ↑ "SEVAK Limited – A Leading Telecom and IT Service Provider". www.sevaklimited.com. Retrieved 14 April 2021.
  16. ↑ Pioneer, The. "Offering mix of ancient science, latest facilities for wellness". The Pioneer. Retrieved 14 April 2021.
  17. ↑ ANI (31 May 2018). "Dr. BK Modi launches India's first and most innovative Anti-Aging Centre". Business Standard India. Retrieved 14 April 2021.
  18. ↑ Reporter, B. S. (4 March 2016). "B K Modi's company forays into enter electric vehicles". Business Standard India. Retrieved 14 April 2021.
  19. ↑ "GCF". www.globalcitizenforum.co. Retrieved 14 April 2021.
  20. ↑ 20.0 20.1 Staff Writer. "Global Citizenship Forum Holds Gender Equality Event At UN | News India Times". Retrieved 14 April 2021.
  21. ↑ www.ETHealthworld.com. "India is a dream opportunity for Overseas Citizens of India investors: Dr B K Modi - ET HealthWorld". ETHealthworld.com. Retrieved 14 April 2021.
  22. ↑ Singal, Aastha (3 September 2019). "To Aid the Dream of $5 Trillion Economy, BK Modi Launches Investment Fund for Overseas Citizens of India". Entrepreneur. Retrieved 14 April 2021.
  23. ↑ "Doctor who decided to co-produce OMG..." The Times of India.
  24. ↑ "Launch of B.K.Modi's Mega TV series Buddha in Mumbai - Times of India". The Times of India. Retrieved 16 April 2021.

External links[edit]

Template:Modi Enterprises

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