Founder, SAR Group, Luminous
Rakesh Malhotra is the Founder of the SAR Group and Luminous Power Technologies.
He is a serial entrepreneur since 1988 and an early stage investor in India, Singapore and the US.
SAR Group companies are engaged in a wide range of industries including power electronics, energy storage, renewable energy, water and air purification, industrial IOT etc.
Rakesh also serves as the Managing Partner of Ncubate Capital Partners, which invests in early stage companies in India from an open-ended balance sheet fund.
A graduate from Jadavpur University India in Electronics & Telecom Engineering, he started his career in 1983 at NELCO (Tata Group) followed by Mitsui and Siemens.
Since 1988, he has been a Founder/Co-Founder of 14 ventures and has exited 8 of these. These companies currently employ more than 9,000 people and have combined revenues of close to USD 1 billion.
He actively mentors many startups in India and Singapore and keenly interacts with engineering and B school students to develop their interest in entrepreneurship. He serves on various industrial/technology committees in India and presents papers at engineering conferences. He is a family person and has an avid interest in traveling, playing cricket, music and business reading.