Khanna family | |
---|---|
Current region | India |
Place of origin | Punjab Province, British India |
Founded |
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Founder | Shanti Lal Khanna |
The Khanna family is a prominent Punjabi Hindu family that originates from India. Members of the family have been involved in various fields, including business, finance, politics, philanthropy, sports, and sports administration. [1] [2] [3]
The Khanna family's history stems from the city of Lahore in the Punjab Province of British India, where they were a wealthy family as a result of the manufacturing business founded by Shanti Lal Khanna in 1939, during the British Raj. [4] [5] The family has Punjabi Hindu origins. [4] [6] During the Partition of India in 1947, the Khanna family fled the city and resettled in Delhi, India. The family initially lost their wealth in the Partition and had to rebuild in Delhi. [4]
The Khanna family's rise began in independent India after they settled in Delhi following the Partition. Family members first came to prominence from the 1950s onwards, when they started businesses, initially focusing on the manufacturing of various products, mainly in and from Delhi. [7] [8] [9] [10] From the 1960s, the success of the brothers Vipin Khanna and Vinod Khanna, sons of Shanti Lal Khanna, and their descendants grew the Khanna family's business, financial, and political reach. [1] [11] [12] [13] Members of the Khanna family are primarily based in Delhi, although some members also reside in various other locations within India and in other countries, and some members are not Indian citizens. [14]
The Khanna family initially rose to prominence due to the success of its members in business and finance, fields in which many family members continue to be involved and expand their interests. Although various members of the family have jointly owned businesses with certain relatives at different times since the 1960s, they generally maintain separate business and financial interests. [15] [16] [17] [18] Members of the family have had business and financial interests in both India and foreign countries. [19] [20] [21] The Khanna family has been noted, including at times controversially, for its power and influence both within India and internationally, which they have reportedly used to expand their business and financial interests, and enhance their network of connections. [22] [23] [24] [25]
Since the 1960s, various members of the Khanna family have had interests in a wide array of industries, including commodities trading, general trading, mining, railways, real estate, agriculture, infrastructure, logistics, power, electronics, hospitality, alcohol, software, consultancy, and manufacturing. [26] [27] [28] [29] [3] Beginning in the 1980s, some members of the Khanna family, starting with Vipin Khanna and followed by his middle son Arvind Khanna, have been particularly noted for their business interests in the arms and aerospace industries, and they have also allegedly exerted significant control over the approval of defence procurement contracts in India. [30] [24] [31] From the 2000s, members of the Khanna family, beginning with Vipin Khanna and his youngest child Aditya Khanna, entered the financial services industry by co-founding an investment bank that included an asset management division. [32] Aditya Khanna later founded his own investment bank and investment company, and maintained ownership interests in private equity asset management companies. [33] Other members of the family have also been involved in investing, fundraising, and providing investment advisory services. [34]
Since the 2020s, some members of the Khanna family have continued to expand their business and financial interests in sectors where they have traditionally had a presence. Aditya Khanna's business interests include mining through the company Ethiopotash, and real estate and private equity through the company Etonhurst. [35] The eldest child of Vinod Khanna, Sundeep Khanna's business interests include agriculture, power, real estate, hospitality, financing and consultancy. [36] [37] Vinod Khanna's younger son, Rajesh Khanna, has business interests in mining concessions and commodities trading. [38] Adhiraj Khanna and Suryaveer Khanna, the sons of Arvind Khanna, have business interests in the arms, aerospace, metro rail, asset management, investing, and general trading industries. [39] [40] Some members of the family have also expanded their business interests into different industries. Sundeep Khanna has expanded into the renewable energy and utilities industries. Adhiraj Khanna and Suryaveer Khanna have expanded into the cybersecurity and space industries. [39] [39] [41]
Beginning in the 2020s, members of the Khanna family started more entrepreneurial ventures and began venture capital investing. Aditya Khanna co-founded Bharat Supply, which was originally founded as Faarms, a logistics technology, e-commerce and financial technology company. [35] Adhiraj Khanna and Suryaveer Khanna have raised funds for startups. Rohan Khanna, the elder son of Sundeep Khanna, has founded various startups related to video games. [42] [43] Shivin Khanna, the son of Rajesh Khanna, has founded a financial technology company and has been a key investor in the craft beer company Bira 91. [44] [45] Rajeshwari Kumari, the daughter of Vinita Singh (née Khanna) and the granddaughter of Vipin Khanna, founded her own Indian fashion brand. [46]
From the 1980s onwards, some members of the family have been involved in sports. In professional sports, Navin Khanna, son of Vipin Khanna, is a former professional polo player who played a significant role in promoting polo in India through financial contributions; Arvind Khanna is a former golfer who also helped other professional golfers financially; and Rajeshwari Kumari is an Olympic-level trap shooter and won a silver medal in the 2022 Asian Games. [47] [48] [49] [50]
The family has also been involved in the sports industry. From 1997 to 2006, Arvind Khanna's Tiger Corporation joint venture company, Tiger Sports Marketing managed the Indian Golf Tour. [51] In 2006, Tiger Sports Marketing established the first Professional Golf Tour of India. [52] [53] Aditya Khanna was a co-founder of Punjab Kings, which was known at the time as Kings XI Punjab, an Indian Premier League cricket team founded in 2008, and Arvind was also a co-owner of the team. [54] [55]
Members of the family, along with their close and extended relatives, have held positions in sports administration. Arvind Khanna served as the president of the Professional Golfers Association of India, president of the Fencing Association of India, and as the Secretary-General of the Punjab Olympic Association. [56] [57] [58] Vinita Singh's husband, Randhir Singh, has been a member of the International Olympic Committee, is serving as the Acting President of the Olympic Council of Asia, and has also held other positions in sports administration. [59] [60] Ravi Khanna, who was married to Amrit Kumari Khanna, and Vipin Khanna, who was married to Naginder Kumari Khanna, shared a father-in-law, Maharaja Bhupinder Singh of Patiala, one of the co-founders of the Board of Control for Cricket in India (BCCI), the national governing body of cricket in India. [61] [62]
Various members of the Khanna family have been involved in philanthropy and social work. Arvind Khanna founded the non-governmental organisation (NGO) Umeed Foundation in 1997. [63] The Umeed Foundation is one of Punjab's largest NGOs and is involved in healthcare, employment generation, and social and economic empowerment initiatives. [64] [65] [66] Rajesh Khanna, his wife, Priya Khanna (née Mehra), and their son, Shivin Khanna, serve on the board of the Mehra Foundation. [67] The foundation was founded by Priya Khanna's grandfather, Ram Gopal Mehra, in 1968. [67] The Mehra Foundation is involved in healthcare, education, academia, and scholarship initiatives. [68]
Aditya Khanna is involved with a broad spectrum of Indian and global NGOs, and is on the advisory board of the United Nations’ UNAIDS Health Innovation Exchange. [69] Sundeep Khanna, eldest son of Vinod Khanna, is a member of Rotary International and served as the President of the Rotary Club Delhi Garden City. [70] [71]
Members of the Khanna family, across multiple generations, have also gained prominence for being involved in other fields and activities, including politics, art, and the Indian Army. [10] [72] [73]
Notable members of the first generation include:
Notable members of the second generation include:
Notable members of the third generation include:
Notable members of the fourth generation include:
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Navin Khanna is an Indian businessman and former polo player. Khanna's business interests are in the commodities, alcohol, food and drinks industries. In his business career, he has facilitated the import of commodities to India for a diverse range of foreign companies. Khanna's name appeared in the Offshore Leaks report that was published by the International Consortium of Investigative Journalists in 2013. Khanna has been a noted polo player and contributed towards growing the popularity of the sport in India.
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Shanti Lal Khanna was an Indian businessman and doctor. Khanna was born in the Punjab Province, British India. He initially established a dental practice before founding a business in Lahore with interests in the travel and agriculture industries. In 1939, Khanna founded a manufacturing company that became the sole authorized manufacturer of weights and measures in the Punjab Province.
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