Created by Simeon
Last edited March 13, 2021


Satish Jain
Picture of Satish Jain
Born (1968-08-18) 18 August 1968 (age 57)
NationalityIndian
EducationBachelor of Engineering from College of Engineering, Pune MBA from IIM Bangalore
OccupationBanker
Known forExposing Maharashtra electricity scam Maharashtra, India
Spouse(s)Meenal Jain
Children2
Websitesatishjain.in

Satish Parasmal Jain (18 August 1968) is a former candidate from Aam Aadmi Party (AAP) who was contesting from the North Mumbai (Mumbai North) constituency in the 2014 Lok Sabha Elections, which he lost getting 32,364 votes.[1] Prior to trying himself in politics he worked as a portfolio manager for HDFC Mutual Fund and as an Executive Director for Morgan Stanley. Satish Jain gained media attention after exposing the Rs 22,000 crore (INR 22 billion) electricity scam in Maharashtra.[2][3]

Early life[edit | edit source]

Satish Jain is married to Meenal Jain, who studied engineering and is an artist by profession. The couple have two children, Dhwanit and Kartika. Satish practices Raja Yoga meditation.[4]

Education and professional life[edit | edit source]

Bachelors[edit | edit source]

Satish Jain completed his bachelor's degree in Engineering from College of Engineering, Pune.

Masters[edit | edit source]

Satish Jain has a MBA from IIM Bangalore. [5]

Finance Industry[edit | edit source]

Jain worked in the finance industry for 18 years prior to involvement in politics. He worked with HDFC Mutual Fund as a portfolio manager and with Morgan Stanley as an Executive Director. [6]

Entry into Politics[edit | edit source]

On 13 March 2014 Satish Jain was nominated as a candidate for Aam Aadmi Party in the North Mumbai constituency. Other candidates of AAP are Mayank Gandhi (North-West Mumbai), Meera Sanyal (South Mumbai), Medha Patkar (North-East Mumbai).

Mumbai North Lok Sabha constituency and its 6 segments

2014 Lok Sabha Elections[edit | edit source]

References[edit | edit source]

  1. "Udupi origin Gopal Shetty wins with record margin in Mumbai".
  2. "Maharashtra Electricity Scam".
  3. "Maharashtra Electricity Scam BusinessWeek".
  4. "Satish Jain Profile: AAM Party site".
  5. "Satish Jain IIMB".
  6. "Satish Jain Linkedin".