Hemant Kanoria

Hemant Kanoria is the founder of Kolkata-based company Srei Infrastructure Finance Limited.[1]

Hemant Kanoria
Born (1962-08-05) 5 August 1962
Kolkata, West Bengal, India
NationalityIndian
EducationLa Martiniere for Boys
Alma materSt. Xavier's College
OccupationFounder of Srei Infrastructure Finance Limited
Spouse(s)Madhulika Kanoria

Career

He was running two family owned flour mills in West Bengal. When the family exited the business, he started a financing company for the construction sector with his younger brother, Sunil Kanoria which grew into Srei Infrastructure Finance Limited.[2]

Through Srei, he started Sahaj e-village to establish a network of Common Service Centres to enable people in rural areas access government services.[3]

By 2017, due to accumulated losses, Srei was looking to divest its interests in Sahaj e-Village, roads and mobile tower businesses.[4] In October 2021, Reserve Bank of India removed him from boards of Srei finance companies, citing governance concerns and delays in interest payments for board supersession.[1]

References
  1. Ghosh, Pinak (15 November 2021). "Hemant Kanoria relives Srei journey". www.telegraphindia.com. Retrieved 8 December 2021.
  2. Sinha, Ashish. "The Giant Force". BW Businessworld. Retrieved 1 December 2021.
  3. "Infrastructure: Srei may divest 35% take in Sahaj e-Village; Hemant Kanoria says it's a 'matter of valuation'". The Financial Express. 9 January 2017.
  4. Kanungo, Soumonty (15 February 2017). "Srei Infrastructure Finance looking to exit non-core business". livemint.com/.
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