Business Standard
Who is Raj Kundra?

Raj Kundra

About Raj Kundra

Who is Raj Kundra?

Raj Kundra is a British-Indian entrepreneur who was born and raised in London. His father, Bal Krishan Kundra, was a middle-class businessman, and his mother, Usha Rani Kundra, worked as a shop assistant in a factory.
 
Kundra went to Nepal at the age of 18 to start a pashmina shawl company, and sold the products to big fashion firms in Britain and earned millions.

In 2007, he relocated to Dubai and established - Essential General Trading LLC, a company that deals in mining, building, green renewable energy projects and precious metals.
 

Career

During his journey as an entrepreneur, Kundra has made various investments in various fields including cricket, cinema, technology, fashion, decor, mixed martial arts, etc.
 
Kundra wrote a book titled, "How Not to Make Money" in 2013. Moreover, he was also listed as the 198th richest British Asian by the 'Success' magazine in 2004. He actively invests in the production and funding of some Bollywood movies.
 
On the sports front, Raj Kundra and Shilpa Shetty invested in the Indian Premier League (IPL) cricket team Rajasthan Royals (RR) in 2009. Kundra, who is known for his entrepreneurial initiatives is also involved with the Shilpa Shetty Foundation was awarded the Champions of Change Award in 2019 by former President Pranab Mukherjee for his involvement in the Swachh Bharat Mission.
 

Investments and Controversies

In 2015, Kundra was one of the founders of Best Deal TV, a 24x7 home shopping Indian television channel that covers celebrity endorsements.
 
However, the Indian government questioned the legitimacy of their investments and Kundra was interrogated by Delhi Police in June 2013 over the IPL spot-fixing scandal involving Rajasthan Royals and Chennai Super Kings (CSK), which led to the arrest of a few Rajasthan Royals players.
 
Later, Kundra was granted a clean chit in response to his right to information request. As a result, Kundra was banned from cricket-related activities for a lifetime by a tribunal established by the Supreme Court in 2015.
 
In July 2021, Raj Kundra was detained by the Mumbai Police in the case pertaining to the alleged creation of pornographic films and publishing them through some social media apps.
 
He was booked under sections of the Indian Penal Code (IPC), the Information Technology (IT) Act and the Indecent Representation of Women (Prohibition) Act.
 
Kundra alleged that he was falsely implicated, was not even named in the FIR and was dragged by the police in the case. In September, businessman Raj Kundra was released from Mumbai's Arthur Road jail after a magistrate court granted bail.

Latest Updates on Raj Kundra

Explained: The Rs 6,600 cr Bitcoin ponzi scam involving Raj Kundra

4 min read Last Updated :Apr 22 2024 | 3:45 PM IST
Image
ED attaches businessman Raj Kundra's properties worth Rs 97.79 crore

2 min read Last Updated :Apr 18 2024 | 1:51 PM IST
Image
SC grants anticipatory bail to Raj Kundra, others in pornography case

1 min read Last Updated :Dec 13 2022 | 2:31 PM IST
Image
ED lodges money laundering case against Raj Kundra in porn apps case

2 min read Last Updated :May 19 2022 | 10:28 AM IST
Image
Sebi penalises four individuals for manipulating Viaan Industries' stocks

2 min read Last Updated :Apr 28 2022 | 9:16 PM IST
Image
Never been involved in production, distribution of pornography: Raj Kundra

3 min read Last Updated :Dec 20 2021 | 2:47 PM IST
Image
Pornography case: SC gives relief from arrest to businessman Raj Kundra

1 min read Last Updated :Dec 15 2021 | 6:53 PM IST
Image
Bombay HC rejects Raj Kundra's pre-arrest bail plea in porn case

2 min read Last Updated :Nov 25 2021 | 10:41 PM IST
Image
Businessman files cheating case against Shilpa Shetty, Raj Kundra, others

1 min read Last Updated :Nov 14 2021 | 12:05 PM IST
Image
Shilpa Shetty, Raj Kundra send Rs 50-cr defamation notice to Sherlyn Chopra

2 min read Last Updated :Oct 19 2021 | 8:20 PM IST
Image
This rise will demand a lot of courage: Shilpa after Raj Kundra gets bail

2 min read Last Updated :Sep 21 2021 | 2:59 PM IST
Image
Raj Kundra walks out of Mumbai jail after bail in pornographic films case

3 min read Last Updated :Sep 21 2021 | 12:52 PM IST
Image
After 2 months in jail, Raj Kundra, aide get bail in porn films case

1 min read Last Updated :Sep 20 2021 | 6:38 PM IST
Image
Shilpa Shetty puts out another cryptic post, talks about 'new endings'

1 min read Last Updated :Sep 18 2021 | 4:34 PM IST
Image
Was not aware of Raj Kundra's work: Shilpa Shetty to Mumbai police

3 min read Last Updated :Sep 16 2021 | 5:29 PM IST
Image
HC grants interim protection from arrest to Raj Kundra in porn films case

2 min read Last Updated :Aug 18 2021 | 1:25 PM IST
Image
Porn films case: Bail to Kundra will send wrong message, cops tell court

2 min read Last Updated :Aug 10 2021 | 8:51 PM IST
Image
HC rejects pleas filed by Raj Kundra, aide, challenging their arrest

1 min read Last Updated :Aug 07 2021 | 11:54 AM IST
Image
Pornography case: Raj Kundra, Ryan Thorpe bail plea to be heard on Aug 10

2 min read Last Updated :Aug 05 2021 | 8:38 PM IST
Image
Porn films case: Raj Kundra, his aide now move sessions court for bail

1 min read Last Updated :Aug 05 2021 | 7:16 PM IST
Image