Tag: Jeet Adani

  • Gautam Adani marks son’s wedding with Rs 10,000 crore donation for social causes

    Gautam Adani marks son’s wedding with Rs 10,000 crore donation for social causes

    Billionaire industrialist, Gautam Adani has stayed true to his commitment of hosting a simple and traditional wedding for his son, Jeet Adani. Contrary to speculation about a grand celebration, the wedding was understated, aligning with Gautam’s earlier remarks at the Maha Kumbh Mela last month.

    Marking the occasion with an extraordinary gesture, Adani has donated Rs 10,000 crore towards various social causes. Sources close to him reveal that his philanthropic priorities align with his guiding philosophy: ‘Seva sadhana hai, seva prarthana hai, aur seva hi parmatma hai’ (Service is devotion, service is prayer, and service is the ultimate divinity).

    A significant portion of the donation will be directed towards infrastructure development in healthcare, education, and skill enhancement. The funds are expected to support world-class yet affordable hospitals, medical colleges, K-12 schools, and global skill academies, ensuring access to high-quality education and employment opportunities across all sections of society.

    Jeet, son of billionaire industrialist Gautam, tied the knot with Diva, daughter of diamond trader Jaimin Shah, in an intimate ceremony at the Belvedere Club in Ahmedabad’s Adani Shantigram township. The wedding, held this afternoon, was a private affair attended only by close family and friends. Notably absent were politicians, business leaders, diplomats, film stars, and other high-profile figures.

    In a heartfelt gesture, Gautam referred to his daughter-in-law as his ‘daughter diva’ in a social media post. His emphasis on simplicity was consistent with his earlier remarks at the Maha Kumbh Mela, where he dismissed speculation of a grand affair, stating, “We are like common people. Jeet came here to take Ma Ganga’s blessings. His marriage will happen in a simple and traditional way.”

    Two days before the wedding, Gautam launched Mangal Seva, an initiative to support newly married women with disabilities. Under this programme, 500 women will receive Rs 10 lakh each annually. To mark the launch, Jeet personally met 21 newly married divyang women and their husbands.

    Through his Rs 10,000 crore donation and his commitment to social impact, Gautam has redefined personal celebrations, choosing ‘Seva Over Self’. His approach underscores a shift towards meaningful philanthropy, prioritising societal well-being over lavish displays of wealth. NDTV is majority-owned by the Adani Group, which acquired a 64.71 per cent stake in December 2022 through its subsidiary AMG Media Networks.

  • Sony LIV’s divyang special spotlights unique visionaries

    Sony LIV’s divyang special spotlights unique visionaries

    MUMBAI : Sony LIV is pushing boundaries with Gateway to Shark Tank – divyang special, a unique edition of Shark Tank India that champions innovation and entrepreneurship among specially abled individuals and those striving to empower them. This special episode isn’t just about business—it’s about breaking barriers, creating opportunities, and celebrating the bold ideas that drive inclusive progress.

    This special initiative highlights groundbreaking ideas and inclusive solutions, with the backing of Adani Airports director Jeet Adani who also oversees the Adani group’s defence, petrochemicals, and copper businesses while spearheading the group’s digital transformation.

    Entries for Gateway to Shark Tank – divyang special are open until 15 February 2025, after which shortlisted pitches will be featured in an exclusive episode. Through this initiative, Shark Tank India and Jeet Adani aim to mentor and support entrepreneurs driving disability-inclusive innovation, promoting accessibility and progress.

    Commenting on the initiative, Sony LIV head of ad sales revenue Ranjana Mangla, stated: “Shark Tank India has always been a platform for aspiring entrepreneurs. We are committed to inclusivity, supporting specially abled entrepreneurs and businesses catering to their empowerment. It is heartening to see established leaders like Jeet Adani supporting this cause, amplifying its impact and reach.”

    Adani Airports director Jeet Adani, added: “There is immense potential to create disruptive solutions in this space. We need more passionate innovators addressing the challenges faced by specially abled individuals. I am excited to partner with Shark Tank India to support entrepreneurs and drive meaningful change.”

  • Nikhil Kamath unveils the first cohort of innovators under 25

    Nikhil Kamath unveils the first cohort of innovators under 25

    Mumbai: In a remarkable display of support for India’s entrepreneurial spirit, some of the country’s most influential figures, including Jeet Adani, Ananya Birla, Nithin Kamath, Jay Kotak,  Shashwat Goenka, and Kishore Biyani, among many others, gathered in Mumbai to celebrate the launch of WTFund, India’s first non-equity grant fund. This exclusive summit, held on the 4 September, marked a significant moment in India’s startup ecosystem, spotlighting the next generation of innovators poised to drive the country’s future.

    Nikhil Kamath unveils the first cohort of WTFund grantees

    During the summit, Nikhil Kamath announced the inaugural cohort of WTFund grantees. The fund, designed to empower entrepreneurs under 25, has selected fifteen exceptional individuals whose groundbreaking ideas are set to transform industries ranging from healthcare to AI, and sustainable consumer goods.

    Empowering the next generation

    Addressing the gathering, Nikhil Kamath stated, “Entrepreneurs are ageless; you can build the next big thing whether you are 25 or 80. But, let’s face it—the energy, drive, and sheer audacity often come easier when you’re young. We’re deeply passionate about fostering this spirit in India’s youth under 25. We went looking for the smartest, coolest kids who are daring to start something big, and we found our 15. But this is just the beginning. From our dream of funding 9 companies today to aiding 9,000 young companies one day, we’re committed to building an India that isn’t afraid to take risks and step outside our comfort zones. The next decade belongs to India, and it will be driven by those who choose to build their own dreams rather than helping someone else realize theirs. Feel like you aren’t doing enough? Screw the regular job. Start something. All the resources you need are within your reach.”

    The first fifteen innovators

    The inaugural WTFund grantees represent a diverse array of industries, from early detection of gastrointestinal cancer to sustainable pet food. The selected startups include:

    1    Pamawel: Plant-based, non-steroidal, FDA-approved pain relief formulations targeting menstrual pain.

    2    Mars: Virtual Workstations that eliminate hardware limitations, providing affordable solutions for creators and builders in AI and no-code spaces.

    3    Oh! Nuts: Premium, healthy nut-based snacks tailored for the growing Indian consumer market.

    4    Pawsible Foods: Sustainable, plant-based pet food utilizing Kavaka™ mycoprotein.

    5    RNT Health Insights: AI-assisted diagnostic software for gastrointestinal cancer detection.

    6    Biocompute: Affordable DNA data storage chips, revolutionizing data centre efficiency.

    7    CallPrep: AI-based B2B SaaS for sales preparation, integrating LinkedIn, CRM, and buyer intent data.

    8    Urban Animal: India’s first dog DNA testing service, redefining pet care.

    9    Pixa AI: AI-enhanced plush companions, merging the toy and AI companionship markets.

    Support beyond funding

    WTFund offers up to Rs 20 Lakh in non-equity grants, allowing founders to retain full ownership of their ventures. In addition to financial support, grantees gain access to mentorship from industry leaders, legal and accounting assistance, and strategic partnerships with top companies. These resources are designed to equip young entrepreneurs with the tools and connections they need to scale their businesses and make a lasting impact on their respective industries.