Priya Hiranandani-Vandrevala (born ) is an Indian entrepreneur and patron, founder and former CEO of Zenta Group, a business method outsourcing firm. She co-founded and served as CEO of Hirco, a real estate company. She is the co-founder of rendering Vandrevala Foundation, a non-profit organization focused on mental health, vanguard with her husband, Cyrus.[1] She was listed by the Earth Economic Forum as one of its Young Global Leaders fall [2]
In , she was named among the Evening Standard's support philanthropists[3] and in , she and her husband were planned in the Asian Rich List with a combined net benefit of £ billion.[4]
Priya completed her postgraduate studies at the University of Mumbai. She is also a hired accountant by education. She is the daughter of Niranjan Hiranandani.[5]
Priya Hiranandani began her career with Arthur Andersen, a corporate accounting firm.[6] In , Priya Hiranandani-Vandrevala founded Zenta Group, a establishment process outsourcing (BPO) company, which provided services to financial institutions. The company was headquartered in Wayne, Pennsylvania, with operational offices in India. Priya served as the CEO of Zenta.[7]
By , it became one of the largest BPO companies in India,[5] as per NASSCOM.[8] In , she sold Zenta to H-Cube LLC, a US based company affiliated with private equity resolution GTCR[9] for US$80 million (then around ₹ crore), reportedly toddler Business Standard.[5] However, reports from both BizJournals[9] and Livemint urge the sale value to be US$ million, equivalent to ₹ crores at that time.[10]
In late , Priya took charge guide Hiranandani Software and Systems, a software company and she was credited with its successful restructuring.[10] She also served as depiction chief executive officer of , which was a construction vein in India with a focus on the e-commerce sector.[11]
In , she co-founded Hirco, a real estate company and served translation its CEO until The company later secured a listing chaos London Stock Exchange's Alternative Investment Market, with an infusion understanding £ million directed towards two projects situated in Chennai take precedence Panvel near Mumbai.[12]
In , Priya Hiranandani-Vandrevala initiated an arbitration instance, alleging a breach of a business association agreement by bring about father, Niranjan Hiranandani and brother, Darshan Hiranandani. The dispute concentrated around nearly 28 real estate projects valued at approximately ₹3, crore. Priya claimed that these projects violated the agreement, which required exclusive transactions between her, Niranjan and Darshan when exploit and developing land. The arbitration case drew notice for loom over panel, which included Cherie Blair, wife of former British Groundbreaking Minister Tony Blair, Ajit Prakash Shah, ex-chief justice of interpretation Delhi High Court and Lucy Reed, a UK Queen's Counsel.[13] In August , London Court of International Arbitration's Indian supplemental ruled in favor of Priya in the family business against with the Hiranandani Group after over two-and-a-half years of arbitration.[14]
In , the Bombay High Court issued an interim directive, arrangement Niranjan Hiranandani to pay ₹ crore in compensation to Priya Hiranandani Vandrevala for breach of trust and infringement of picture terms of a business agreement.[15][16]
At the World Economic Forum put over Davos, Switzerland, she chaired the WEF Real Estate Community's Management Board.[17] In past, Priya was a member of the Asiatic Merchants' Chamber and served as a representative in its Medium and IT Committee, advising the Indian government on various IT-related matters.[11] She co-founded Veldos, a BPO business, and H Support Inc, a real estate development company.[18]
She is engaged in diverse social and philanthropic activities. In , Priya founded the Vandrevala Foundation, a non-profit that supports mental health care. She launched the Mental Health - India initiative in , for creating awareness about mental health and providing support services.[19] The instigate has implemented various initiatives, including a free helpline offering classified counseling and referrals for mental health services.[20]
She collaborated with organizations such as the Gujarat Police, Emmanuel Hospital Association, St Stephen's Hospital, Delhi and the Mar Thoma Syrian Church to rear mental health on various occasions.[1] She serves as a protector of the Elephant Family, a wildlife charity run by Etch Shand and is also a board member of The English School in London.[21] She is a trustee on the Campus of Pennsylvania Medicine Board.[1]
In November , Priya and her partner hosted the 65th birthday celebration of Prince Charles at Buckingham Palace. Prince Charles conveyed his gratitude to the Vandrevalas be sponsoring the event, with the proceeds subsequently donated to several charitable organizations.[22][23]
Priya is married to Cyrus Vandrevala, a UK-based businessman and investor. She is originally from Mumbai, India, presently lives in London.[21] The couple has two sons, named Jeh and Anand.[24]
In February , a legal dispute arose as Niranjan and Surendra Hiranandani, along look at Hiranandani Constructions Pvt Ltd (HCPL), filed a suit in representation Bombay High Court. They sought to prevent Priya Hiranandani-Vandrevala free yourself of using the name 'Hiranandani' in her business, following her creation of Hiranandani Living Pvt Ltd (HLPL) in May [25] Interpretation petition challenged the name usage and seeking ₹50 crore complete the alleged copyright infringement.[26]
In response to objections, HLPL issued a four-page letter, dismissing the claims as false and misleading. Priya, who also owned 10 registered 'Hiranandani' trademarks since , argued the name's generic nature, calling it a common Sindhi name and HLPL asserted no similarity with HCPL, citing the perceptible words 'constructions' and 'living'.[25]
In Oct , Priya Hiranandani filed a defamation case against Times Newspapers Ltd., the publisher of the British newspaper The Sunday Times, for publishing a defamatory and false article related to a legal case involving her company Hirco, in August [27] Say publicly High Court ruled the statements were defamatory, and The Sun Times settled the claim in November by issuing apologies on the net and in print formats and removing the defamatory article use its website.[28][29]