The Birla Group includes significant companies such as Grasim, Hindalco, Aditya Birla Fashion and Retail, and Aditya Birla Capital.
The Aditya Birla Group, led by Kumar Mangalam Birla, plans to invest Rs 5,000 crore in a new jewelry business called Novel Jewels Limited. This marks the group’s third major business announcement in the last two years, following its entry into the paints and B2B e-commerce sectors. The new venture will establish large-format jewelry stores throughout India, targeting customers with rising disposable incomes who prefer high-quality jewelry.
The new company will compete directly with Tanishq, a jewelry brand owned by the Tata Group. The net worth of the Aditya Birla Group is estimated to be 60 billion dollars, or approximately Rs 4,95,000 crore.
The Birla Group includes major companies such as Grasim, Hindalco, Aditya Birla Fashion and Retail, and Aditya Birla Capital. The group employs over 1,40,000 people.
Aryaman Vikram Birla is the founder of GIVA, a silver-jewelry startup that received investment from Aditya Birla Ventures, the company’s venture capital arm. Aryaman Birla, the 25-year-old son of Kumar Mangalam Birla, is a former domestic cricketer.
Birla made his first-class debut for Madhya Pradesh during the 2017-2018 Ranji Trophy season. Birla debuted in first-class cricket representing Madhya Pradesh in the 2017-2018 season of the Ranji Trophy.
According to ESPN Cricinfo, Aryaman Birla has played 9 matches in first-class cricket, scoring 414 runs. His impressive performance includes a century and a half-century. In List A cricket, he has scored 36 runs across four matches.
In February of this year, Aryaman Birla and his sister Ananya Birla were appointed as directors of Grasim Industries, the flagship company of the Aditya Birla Group.
Aryaman Birla’s sister, Ananya Birla, achieved a significant milestone by founding her first company, Svatantra Microfin Pvt Ltd, at the age of 17. Additionally, she is the founder of a home decor brand called Ikai Asai.
The company stated that Aryaman has a diverse range of experience, including entrepreneurship and venture capital investing. He is actively involved in the Aditya Birla Group’s foray into new-age businesses and leads the company’s venture capital fund known as Aditya Birla Ventures.
He played a pivotal role in the establishment of the Aditya Birla Group’s direct-to-consumer (D2C) platform, TMRW, and currently serves as a director on its board.
In 2017-18 Under-23 CK Nayudu Trophy, Aryaman Birla emerged as the highest scorer, accumulating an impressive total of 795 runs in six matches. Additionally, he showcased his versatility by also claiming 10 wickets during the tournament.
Subsequently, he took a sabbatical due to health issues.
In an interview with Femina, he candidly revealed that he took a sabbatical from cricket due to anxiety and mental struggles related to his game. He prioritized his mental well-being over other commitments and responsibilities.
He is regarded as one of the most promising business leaders in the country.
