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Karan Paul (born 3 November 1969) is an Indian businessman and the chairman of the
Apeejay Surrendra Group The Apeejay Surrendra Group is an Indian business conglomerate, established in 1910 in Jalandhar by Lala Pyare Lal. Later, in 1951, the headquarters were relocated to Kolkata. Surrendra Paul was chairman from 1982 until his murder in 1989. Mo ...
, an Indian family business.


Career

Paul joined the Apeejay Surrendra Group in 1992. His first businesses were Apeejay Finance, a finance company, and Apeejay Securities, a stockbroking company, which he ran for about ten years and sold them off in 2006-07. After working at various levels in the Apeejay Surrendra Group for 12 years, Karan became the Chairman of the Group in 2004. Paul managed Apeejay Tea, Apeejay Shipping, and Apeejay Schools. The group acquired the FMCG brand Typhoo, which had operations in nearly 50 countries. The group also diversified into new business ventures of marine cluster and logistics parks which has backward and forward integrated the group's shipping business. The real estate division has increased land banks, consolidated, and grown real estate commercial developments across India. He is director and member of Apeejay Surrendra Park Hotels Limited, K.P.H. Dream Cricket Private Limited, Apeejay Tea Limited, Apeejay Shipping Limited, Apeejay Infralogistics Private Limited, and Bengal Shipyard Limited.


Board memberships

Paul has been on the executive committees of various chambers of commerce like CII, FICCI, ICC, Bharat Chamber of Commerce, and Bengal Chamber of Commerce.


Awards

In 2006, Karan Paul was awarded one of Italy's highest honors ' Order of the Star of Italian Solidarity' by Gianni Vernetti, Minister of State of the Ministry of External Affairs, in
New Delhi New Delhi (; ) is the Capital city, capital of India and a part of the Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the Government of India, hosting the Rashtrapati Bhavan, New Parliament ...
. In 2012, the International Confederation of NGOs awarded him the 'Karmaveer Puraskaar, 2012 Corporate Citizen for Holistic CSR Initiatives' award.


Philanthropy

Philanthropic initiatives created by him include: * The Paul Foundation – In 2001, he put in place a system of providing grants to students aiming for higher studies in India and abroad through The Paul Foundation. * Inclusive Sports – In 2015, a reward and recognition platform with the UK's national charity, the English Federation of Disability Sport (EFDS) was created to ensure that more disabled
athlete An athlete is most commonly a person who competes in one or more sports involving physical strength, speed, power, or endurance. Sometimes, the word "athlete" is used to refer specifically to sport of athletics competitors, i.e. including track ...
s have access to local competitions. * Anand Paul Education Support Programme – In 2009, the program was started by Karan Paul to identify children from the poorest areas around Park Street, who had either dropped out of school or were not enrolled in school, and help them return to school. * 100 for 100 – The Group's centenary in 2010 was celebrated with 100 community initiatives. Projects spread across
education Education is the transmission of knowledge and skills and the development of character traits. Formal education occurs within a structured institutional framework, such as public schools, following a curriculum. Non-formal education als ...
, environment,
art Art is a diverse range of cultural activity centered around ''works'' utilizing creative or imaginative talents, which are expected to evoke a worthwhile experience, generally through an expression of emotional power, conceptual ideas, tec ...
&
culture Culture ( ) is a concept that encompasses the social behavior, institutions, and Social norm, norms found in human societies, as well as the knowledge, beliefs, arts, laws, Social norm, customs, capabilities, Attitude (psychology), attitudes ...
, capacity building of institutions especially those that help the disabled, and focused on the physical and mental health of children and women were designed and implemented. * Art, Heritage & Culture – Park Mansions, a residential and commercial building developed by Armenian jute merchant, T.M. Thaddeus in 1910, owned by Apeejay was restored under his supervision. * Human-Wildlife Conflict Mitigation – In 2015, he created a three-year management strategy that will see the Group's tea plantations company invest in reducing the impact of Human Elephant Conflict in
Assam Assam (, , ) is a state in Northeast India, northeastern India, south of the eastern Himalayas along the Brahmaputra Valley, Brahmaputra and Barak River valleys. Assam covers an area of . It is the second largest state in Northeast India, nor ...
. The project was implemented in partnership with the
World Wide Fund for Nature The World Wide Fund for Nature (WWF) is a Swiss-based international non-governmental organization founded in 1961 that works in the field of wilderness preservation and the reduction of human impact on the environment. It was formerly named th ...
(WWF).


Personal life

Karan Paul is a sports enthusiast and loves the sport of
cricket Cricket is a Bat-and-ball games, bat-and-ball game played between two Sports team, teams of eleven players on a cricket field, field, at the centre of which is a cricket pitch, pitch with a wicket at each end, each comprising two Bail (cr ...
. He is the co-owner of the Punjab Kings (PBKS) franchise team of the
Indian Premier League The Indian Premier League (IPL) is a professional Twenty20 (T20) cricket league in India, organised by the Board of Control for Cricket in India (BCCI). Founded in 2007, it features ten city-based Professional sports league organization, fr ...
(IPL) along with Preity Zinta, Ness Wadia, and Mohit Burman. The team is based in
Mohali Mohali, officially Sahibzada Ajit Singh Nagar or Ajitgarh, is a planned city in the Mohali district in Punjab, India, Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the M ...
,
Punjab Punjab (; ; also romanised as Panjāb or Panj-Āb) is a geopolitical, cultural, and historical region in South Asia. It is located in the northwestern part of the Indian subcontinent, comprising areas of modern-day eastern Pakistan and no ...
. He occasionally writes columns. Karan Paul is married to Indrani Dasgupta, together they have two children Uma Kismat Paul and Kabir Anand Paul.


References

{{DEFAULTSORT:Paul, Karan 1969 births Brown University alumni Living people Indian billionaires