Vinay Maloo
Encyclopedia
Vinay Maloo is the Founder Chairman of The Enso Group, a fast-growing Indian business entity in the investment, oil & gas, security & surveillance systems and infrastructure space. Maloo set up Enso in 2005, with its headquarters in Mumbai
. Since then, the company has expanded nationally and in overseas markets.
, Kolkata
in 1982 with a B.Com degree. He currently resides in Mumbai
with his family. His son, Vaibhav Maloo, is a Director in The Enso Group.
. He pioneered the telecom revolution in the country. HFCL’s foray in acquiring a basic service project in Punjab has been developed into a model project.
After parting ways with Nahata, Maloo established The Enso Group in 2005. The Group has now ventured into the oil & gas sector. It has acquired 14 oil & gas blocks in Asia
, Africa
and Australia
. The Group is aggressively pursuing the acquisition of oil & gas blocks all over the world. The group is in talks with a few investors to raise capital for oil and finance arm of the company.
Aspiring to become a major player in this sector with a sizeable production, apart from undertaking E&P activities globally, The Enso Group has recently entered into the management board as promoter of an oil field services company, which is listed on the Indian bourses. Maloo also has significant stakes in the security & surveillance sector, e-governance projects and infrastructure, besides a listed company in India.
and Yoga
.
drought (2002) and the Orissa
Supercyclone (1999).
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
. Since then, the company has expanded nationally and in overseas markets.
Early life
Maloo graduated from St. Xavier's CollegeSt. Xavier's College, Calcutta
St. Xavier's College is located in Kolkata, India, and is named after St. Francis Xavier, a Jesuit saint of the 16th century, who travelled to India. It is an autonomous college affiliated to the University of Calcutta. It gained autonomy in July 2006, thus becoming the first autonomous college of...
, Kolkata
Kolkata
Kolkata , formerly known as Calcutta, is the capital of the Indian state of West Bengal. Located on the east bank of the Hooghly River, it was the commercial capital of East India...
in 1982 with a B.Com degree. He currently resides in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
with his family. His son, Vaibhav Maloo, is a Director in The Enso Group.
Career
At a very young age, Vinay Maloo founded Himachal Futuristic Communications Limited (HFCL) in 1987, along with partner Mahendra Nahata. HFCL has since grown to become a leader in the Indian telecom equipment industry. At HFCL, Maloo introduced new technologies in the Indian market and changed the face of the telecom sector in IndiaIndia
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. He pioneered the telecom revolution in the country. HFCL’s foray in acquiring a basic service project in Punjab has been developed into a model project.
After parting ways with Nahata, Maloo established The Enso Group in 2005. The Group has now ventured into the oil & gas sector. It has acquired 14 oil & gas blocks in Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
, Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
and Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
. The Group is aggressively pursuing the acquisition of oil & gas blocks all over the world. The group is in talks with a few investors to raise capital for oil and finance arm of the company.
Aspiring to become a major player in this sector with a sizeable production, apart from undertaking E&P activities globally, The Enso Group has recently entered into the management board as promoter of an oil field services company, which is listed on the Indian bourses. Maloo also has significant stakes in the security & surveillance sector, e-governance projects and infrastructure, besides a listed company in India.
Interests
Vinay Maloo is an avid reader of books of different genres, especially autobiographies. He is deeply interested in spiritualismSpiritualism
Spiritualism is a belief system or religion, postulating the belief that spirits of the dead residing in the spirit world have both the ability and the inclination to communicate with the living...
and Yoga
Yoga
Yoga is a physical, mental, and spiritual discipline, originating in ancient India. The goal of yoga, or of the person practicing yoga, is the attainment of a state of perfect spiritual insight and tranquility while meditating on Supersoul...
.
Other activities
Vinay Maloo currently sits on the Board of AB Corp Ltd (ABCL), D.C. Designs and Asian Oil Field Services Limited.Organizations
An ardent promoter of the Jain Samaj, he has contributed to the society in many ways. He initiated relief measures and extended help through humanitarian organizations for the victims of the RajasthanRajasthan
Rājasthān the land of Rajasthanis, , is the largest state of the Republic of India by area. It is located in the northwest of India. It encompasses most of the area of the large, inhospitable Great Indian Desert , which has an edge paralleling the Sutlej-Indus river valley along its border with...
drought (2002) and the Orissa
Orissa
Orissa , officially Odisha since Nov 2011, is a state of India, located on the east coast of India, by the Bay of Bengal. It is the modern name of the ancient nation of Kalinga, which was invaded by the Maurya Emperor Ashoka in 261 BC. The modern state of Orissa was established on 1 April...
Supercyclone (1999).