Information Density: Essar – Signal Evidence & AI Readability

[IMG: Shashi Ruia - Founder, Essar]
Late Shashi Ruia
(23.12.1943 – 25.11.2024)
Shashi Ruia, was a first-generation entrepreneur industrialist, who made invaluable contributions to India’s core industrial and infrastructure sectors and steered Essar to a prominent position in the global industry.
Mr Ruia began his career in the family business in 1965 under the guidance of his father, late Nand Kishore Ruia. Along with his brother Mr Ravi Ruia, he laid the foundation of Essar and spearheaded its business strategy, diversification and growth. Today, Essar Global Fund Limited (EGFL), which owns the businesses co-founded by the brothers, is a global investor with world-class assets diversified across the core sectors of Energy, Infrastructure, Metals & Mining, Technology & Retail. The Fund’s portfolio companies generate aggregate revenues of US $15 billion and operate assets across the globe, adhering to international standards of health, safety, environmental protection and corporate governance.
Essar has time and again demonstrated its ability to build and operate world-class assets that have elicited the interest of the best global players. Its portfolio businesses in Telecom, BPO and Oil & Gas have together attracted over US $40 billion in monetisation proceeds from global majors, like Vodafone, Rosneft, Trafigura and Brookfield.
Shashi Ruia’s vision saw Essar gain a first-mover advantage in many businesses. For example, when India’s telecom sector opened up to private participation, Essar was among the first companies to offer mobile telephony services.
Mr Ruia was an active member of several important national bodies and industry associations. He was on the managing committee of the Federation of Indian Chambers of Commerce and Industry (FICCI), an apex body of India’s trade and business associations. He was also the Chairman of the prestigious Indo-US Joint Business Council and served as a president of the Indian National Shipowners Association (lNSA). Mr Ruia was also a member of the PM’s Indo-US CEO’s Forum and India – Japan Business Council.
In 2007, Mr Ruia joined an elite list of achievers, which included the likes of Richard Branson, Peter Gabriel, Ray Chambers, Pam Omidyar, Amy Robbins and Richard Tarlow, who independently funded The Elders. The Elders is a group of world-renowned personalities, comprising Desmond Tutu, Graça Machel, Kofi Annan, Jimmy Carter, Li Zhaoxing, Mary Robinson and Muhammad Yunus, who have joined hands to tackle the world’s most difficult problems.
Mr Ruia was also the recipient of the Business India Businessman of the Year Award 2010.
Shashi Ruia is widely regarded as one of the architects of modern India. He had a deep passion for education and mentoring young talent. Until his passing in 2024, he remained immensely proud of all Essar employees who thrived under his stewardship.
Click here to know more about Shashi Ruia’s legacy

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[H1] about us

[H2] investing in an value-accretive assets

[H2] us

[H2] investing in an value-accretive assets

[H2] our investment companies

essar global fund limited

essar capital

exponentia ventures

essar global fund limited

Essar Global Fund Limited (EGFL) invests in building and nurturing assets, and creating value across core sectors.

investment sectors

• Energy • Infrastructure • Metals & Mining • Technology & Retail

Investment philosophy

We place people before profit to arrive at superior returns, sustainably.

Investment strategy

We follow a value-centric growth strategy which is inspired from our DNA along with a globally benchmarked robust risk and regulatory framework.

Investment Portfolio

Our Assets Under Management (AUM) stood at USD 9.6 billion as on 31 March 2024.

essar capital

Essar Capital Limited is the investment manager of Essar Global Fund Limited (EGFL). It monitors and manages the entire portfolio of investments owned by EGFL. Essar Capital is governed by its board of directors.

Implementing and managing investments and divestments

Monitoring performance of the portfolio

Preparing and delivering financial reports of EGFL

Implementing and overseeing appropriate policies and procedures

About Exponentia Ventures

Exponentia Ventures is the venture capital arm of Essar, managing its investments in new economy opportunities, in both B2B and B2C sectors. It invests in disruptive new economy ideas that have digital agility, high-headroom, superior unit economics & the potential of global scale. Exponentia Ventures helps accelerate the growth by leveraging its deep cross-sector experience and global network to create exponential value. It collaborates with management teams to stays focused on building the growth strategy and driving its execution to ensure scale & profitability. Exponentia Venture’s current portfolio spans Green-Tech and B2C-Tech businesses.

[H4] our purpose

We are committed to shaping abundant communities and thriving economies. Every day, we are strengthening assets across core sectors to create such possibilities at scale.We are conscious of how every decision and process impacts communities and our planet. We are fast-aligning our portfolio, assets, and supply chains towards local and global net zero carbon goals. We aim to set sector-specific benchmarks with our approach to green innovations.We run our operations in an authentic and transparent manner. We are inclusive, collaborative, and explorative in our journey towards a clean and equitable future.

[IMG: about-our-purpose]

[H4] our purpose

We are committed to shaping abundant communities and thriving economies. Every day, we are strengthening assets across core sectors to create such possibilities at scale.We are conscious of how every decision and process impacts communities and our planet. We are fast-aligning our portfolio, assets, and supply chains towards local and global net zero carbon goals. We aim to set sector-specific benchmarks with our approach to green innovations.We run our operations in an authentic and transparent manner. We are inclusive, collaborative, and explorative in our journey towards a clean and equitable future.

[IMG: mobile-us-our-purpose]

[H3] our value

[IMG: about-us]

[H2] essar advantage

[IMG: essar story]

[H3]
essar story

explore

[IMG: founding-family-featured]

[H3]
founding family

explore

[IMG: transforming-our-business-featured]

[H3]
transforming our business

explore

[IMG: heritage-featured]

[H3]
heritage

explore

[IMG: leadership-featured]

[H3]
leadership

explore

[H2] important announcements

[H3] Major step forward in creation of leading Methanol to Jet sustainable aviation fuel production hub

[H3] Black Box completes acquisition of 2S Inovações Tecnológicas S.A.

read more

[H2] important announcements

[H3] Major step forward in creation of leading Methanol to Jet sustainable aviation fuel production hub

[H3] Black Box completes acquisition of 2S Inovações Tecnológicas S.A.

[H3] Prashant Ruia speaks with ET Now on Essar’s next phase of growth

read more

Click here for FAQs

[IMG: Shashi Ruia - Founder, Essar]
Late Shashi Ruia
(23.12.1943 – 25.11.2024)
Shashi Ruia, was a first-generation entrepreneur industrialist, who made invaluable contributions to India’s core industrial and infrastructure sectors and steered Essar to a prominent position in the global industry.
Mr Ruia began his career in the family business in 1965 under the guidance of his father, late Nand Kishore Ruia. Along with his brother Mr Ravi Ruia, he laid the foundation of Essar and spearheaded its business strategy, diversification and growth. Today, Essar Global Fund Limited (EGFL), which owns the businesses co-founded by the brothers, is a global investor with world-class assets diversified across the core sectors of Energy, Infrastructure, Metals & Mining, Technology & Retail. The Fund’s portfolio companies generate aggregate revenues of US $15 billion and operate assets across the globe, adhering to international standards of health, safety, environmental protection and corporate governance.
Essar has time and again demonstrated its ability to build and operate world-class assets that have elicited the interest of the best global players. Its portfolio businesses in Telecom, BPO and Oil & Gas have together attracted over US $40 billion in monetisation proceeds from global majors, like Vodafone, Rosneft, Trafigura and Brookfield.
Shashi Ruia’s vision saw Essar gain a first-mover advantage in many businesses. For example, when India’s telecom sector opened up to private participation, Essar was among the first companies to offer mobile telephony services.
Mr Ruia was an active member of several important national bodies and industry associations. He was on the managing committee of the Federation of Indian Chambers of Commerce and Industry (FICCI), an apex body of India’s trade and business associations. He was also the Chairman of the prestigious Indo-US Joint Business Council and served as a president of the Indian National Shipowners Association (lNSA). Mr Ruia was also a member of the PM’s Indo-US CEO’s Forum and India – Japan Business Council.
In 2007, Mr Ruia joined an elite list of achievers, which included the likes of Richard Branson, Peter Gabriel, Ray Chambers, Pam Omidyar, Amy Robbins and Richard Tarlow, who independently funded The Elders. The Elders is a group of world-renowned personalities, comprising Desmond Tutu, Graça Machel, Kofi Annan, Jimmy Carter, Li Zhaoxing, Mary Robinson and Muhammad Yunus, who have joined hands to tackle the world’s most difficult problems.
Mr Ruia was also the recipient of the Business India Businessman of the Year Award 2010.
Shashi Ruia is widely regarded as one of the architects of modern India. He had a deep passion for education and mentoring young talent. Until his passing in 2024, he remained immensely proud of all Essar employees who thrived under his stewardship.
Click here to know more about Shashi Ruia’s legacy

×

[IMG: Shashi Ruia - Founder, Essar]
Late Shashi Ruia
(23.12.1943 – 25.11.2024)
Shashi Ruia, was a first-generation entrepreneur industrialist, who made invaluable contributions to India’s core industrial and infrastructure sectors and steered Essar to a prominent position in the global industry.
Mr Ruia began his career in the family business in 1965 under the guidance of his father, late Nand Kishore Ruia. Along with his brother Mr Ravi Ruia, he laid the foundation of Essar and spearheaded its business strategy, diversification and growth. Today, Essar Global Fund Limited (EGFL), which owns the businesses co-founded by the brothers, is a global investor with world-class assets diversified across the core sectors of Energy, Infrastructure, Metals & Mining, Technology & Retail. The Fund’s portfolio companies generate aggregate revenues of US $15 billion and operate assets across the globe, adhering to international standards of health, safety, environmental protection and corporate governance.
Essar has time and again demonstrated its ability to build and operate world-class assets that have elicited the interest of the best global players. Its portfolio businesses in Telecom, BPO and Oil & Gas have together attracted over US $40 billion in monetisation proceeds from global majors, like Vodafone, Rosneft, Trafigura and Brookfield.
Shashi Ruia’s vision saw Essar gain a first-mover advantage in many businesses. For example, when India’s telecom sector opened up to private participation, Essar was among the first companies to offer mobile telephony services.
Mr Ruia was an active member of several important national bodies and industry associations. He was on the managing committee of the Federation of Indian Chambers of Commerce and Industry (FICCI), an apex body of India’s trade and business associations. He was also the Chairman of the prestigious Indo-US Joint Business Council and served as a president of the Indian National Shipowners Association (lNSA). Mr Ruia was also a member of the PM’s Indo-US CEO’s Forum and India – Japan Business Council.
In 2007, Mr Ruia joined an elite list of achievers, which included the likes of Richard Branson, Peter Gabriel, Ray Chambers, Pam Omidyar, Amy Robbins and Richard Tarlow, who independently funded The Elders. The Elders is a group of world-renowned personalities, comprising Desmond Tutu, Graça Machel, Kofi Annan, Jimmy Carter, Li Zhaoxing, Mary Robinson and Muhammad Yunus, who have joined hands to tackle the world’s most difficult problems.
Mr Ruia was also the recipient of the Business India Businessman of the Year Award 2010.
Shashi Ruia is widely regarded as one of the architects of modern India. He had a deep passion for education and mentoring young talent. Until his passing in 2024, he remained immensely proud of all Essar employees who thrived under his stewardship.
Click here to know more about Shashi Ruia’s legacy

×