Karsanbhai Patel Investments
9
Karsanbhai Patel has made 9 investments.
| Date | Company | Sector | Round | Investments | Co-Investors |
|---|---|---|---|---|---|
| Consumer Goods | - | ||||
| Chemicals | - | ||||
| Chemicals | - | ||||
| Cement and Building Materials | - | ||||
| Cement and Building Materials | - | ||||
| Cement and Building Materials | Acquired | ₹ 5500 Cr | |||
| Pharmaceuticals | - | ||||
| Pharmaceuticals | ₹ 5652 Cr | ||||
| Education | - |
Karsanbhai Patel Frequently Asked Questions (FAQs)
How did Karsanbhai Patel start Nirma?
He began by making detergent powder at home and selling it door-to-door in Gujarat.
What is Karsanbhai Patel’s leadership style?
Frugal, hands-on, and focused on cost efficiency.
What awards and honors has Karsanbhai Patel received?
Karsanbhai Patel has received numerous awards and honors, including the Padma Shri in 2010, the Udyog Ratna Award in 1990, and was recognized as the Outstanding Industrialist of the Eighties. He has also received honorary doctorates from Florida Atlantic University and Devi Ahilya Vishwavidhyalaya. Other accolades include the Gujarat Businessman Award, the Ernst & Young Lifetime Achievement Award, the Sardar Vallabhbhai Patel Vishwa Pratibha Award, the Baroda Sun Lifetime Achievement Award, and the Chemtech Award of Hall of Fame.
Is Karsanbhai Patel still involved in the business?
Karsanbhai Patel has transferred leadership roles in the Nirma Group to his sons, Rakesh and Hiren Patel, and son-in-law, Kalpesh Patel. His sons and son-in-law manage key areas such as procurement, marketing, and finance. While maintaining a low profile, he remains a significant figure in the company.