Mohit Burman is an Indian businessman. He is the chairman of

Dabur Dabur Ltd is an Indian multinational consumer goods company, founded by S. K. Burman and headquartered in Ghaziabad. It manufactures Ayurvedic products and fast-moving consumer goods. Dabur derives around 60% of its revenue from the consumer c ...

, an Ayurvedic and FMCG company. A fifth-generation scion of the Burman family, he also led the family's acquisition of a majority stake in dry cell battery maker

Eveready Industries India Eveready Industries India Ltd. (EIIL) (originally known as Union Carbide India Limited (UCIL)) is an Indian company that manufactures and markets batteries, lighting products, and related products. The Eveready brand has been present in India ...

and the family's entry into the life insurance sector through Aviva India. A sports enthusiast, he is also promoter and co-owner 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 ...

cricket team

Punjab Kings The Punjab Kings, also known as PBKS, formerly known as Kings XI Punjab, are a professional Twenty20 cricket team based in New Chandigarh, Punjab, that competes in the Indian Premier League (IPL). The franchise is jointly owned by Mohit Burm ...

Early life and education

After completing his schooling from

Highgate School Highgate School, formally Sir Roger Cholmeley's School at Highgate, is a co-educational, fee-charging, private day school, founded in 1565 in Highgate, London, England. It educates over 1,400 pupils in three sections – Highgate Pre-Preparato ...

, London, he graduated from Richmond College, in Bachelor of Arts, Business Administration and Economics (Double major: Marketing and General Management) and subsequently completed his Master of Business Administration degree, in Finance from Babson Graduate School of Business, Massachusetts. In October 2024, the Burman family was ranked 23rd on Forbes list of India’s 100 richest tycoons, with a net worth of $10.4 billion.

Career

Burman started his career with Welbeck Property Partnership London and then joined Dabur Finance Ltd., a company specializing in fund and fee-based financial activities, as Senior Manager. He worked in the group's financial services businesses including

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...

and pensions by setting up an insurance company with the UK's largest insurance company,

Aviva Aviva plc is a British multinational insurance company headquartered in London, England. It has about 19 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general ...

. His family in November 2011 had established a joint venture with Espírito Santo Investment Bank to set up an

investment banking Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by und ...

company in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

. Burman has also been actively involved in expanding Dabur India's presence in overseas markets, and was involved in the acquisition of Balsara Hygiene and Home Care businesses for Rs. 1.43 billion by Dabur India Ltd. on 27 January 2005.

Board memberships

Mohit also holds board membership of different other companies like

Federation of Indian Chambers of Commerce A federation (also called a federal state) is an entity characterized by a union of partially self-governing provinces, states, or other regions under a federal government (federalism). In a federation, the self-governing status of the co ...

& Industry, Dabur International Limited, Universal Sompo General Insurance Co. Ltd., KPH Dream Cricket Pvt. Ltd (Kings XI), Aviva Life Insurance Company India Limited, Markettopper Securities Pvt. Ltd., Elephant India Advisors Pvt. Ltd., Caterham Cars Pvt. Ltd, H&B Stores Ltd., Espirito Santo Securities India Pvt. Ltd.

Sports

Mohit Burman is one of a group of promoters who have formed the

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 ...

team

. He is also a director and co-Owner of a Caribbean Premier League team Saint Lucia Kings.

References

{{DEFAULTSORT:Burman, Mohit People educated at Highgate School 1968 births Living people Businesspeople from Kolkata Indian businesspeople in insurance Indian Premier League franchise owners Dabur Group