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Ananya Birla: Aditya Birla Fashion and Retail has announced the appointment of Ananya Birla and Aryaman Vikram Birla as directors on the board of the company. Ananya is the daughter of Birla Group Chairman Kumar Mangalam Birla and Aryaman Birla is his son.
In a regulatory filing filed by the company with the stock exchanges, it was said that the company’s board believes that Ananya and Aryaman bring with them rich and diverse experience in the field of entrepreneurship and business building and will take Aditya Birla Fashion & Retail to their new age. Insights and business skills will benefit.
Ananya and Aryaman are seen as leading the next generation of the group and were recently appointed as directors in Aditya Birla Management Corporation, which is responsible for providing strategic direction to the Aditya Birla Group’s businesses. Speaking on the occasion, Kumar Mangalam Birla said that Ananya and Aryaman’s extraordinary personal achievements in the field they had chosen and their early success with entrepreneurship have prepared them well for greater responsibilities. Aditya Birla will bring new energy to the Board of Fashion & Retail, given his in-depth understanding of new-age business models and emerging changes in consumer behaviour, he added.
Ananya Birla is a successful platinum selling artist. He founded his first company, Swatantra Microfin Pvt Ltd, at the age of 17, which is one of the fastest growing micro finance companies in India. The company has crossed the AUM of One Billion Assets Under Management, and has grown at a CAGR of 120% between 2015-2022. The company has more than 7000 employees. Ananya Birla is also the founder of home decor brand Ikai Asai.
Aryaman Birla has been a first class cricketer. And come with a wide variety of experience, including entrepreneurship, VC investing. He has been involved in the entry of Aditya Birla Group into new age businesses. Aryaman is also leading the group’s venture capital fund and Aditya Birla Ventures.
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