Range of Experience
Mr. Rakesh Malhotra, Founder, SAR Group, carries an illustrious business background spanning close to 28 years of experience in the field of design, development & marketing of power conditioning & electronics products, telecom equipment & projects, corporate management, human resource development, financial management, venture negotiations and business leadership. Mr. Rakesh Malhotra studied to be an engineer (B.E.) and after a brief stint in the industry (Siemens, Nelco and Mitsui) decided to become an entrepreneur who built Luminous Power Technologies (founded in 1988) from scratch. After entering into a joint venture with Schneider Electric in 2011 through majority stake sale of Luminous Power Technologies, he decided to start all over again. He is incubating a number of new businesses - Water, Energy Storage, Renewable Energy and B2B Ecommerce. He brings strong capabilities in technology, manufacturing, supply chain, distribution and brand development, besides a very deep understanding of entrepreneurial environment in the country. He also has wide experience in building brands and distribution in India, Asia and Africa with five successful businesses. Livpure Pvt. Ltd., (founded in 2012) one of the key ventures in the SAR Group, was established by him with a vision to be a global leader in water purification driven by innovative technology and excellence in manufacturing and services. Livguard Energy Technologies Pvt. Ltd. (founded in 2014) is the second incubation of the Group established with a vision to become a global energy storage venture.
Additional Background Information
Rakesh is a B.E. (Electronics & Telecom) graduate from Jadavpur University in West Bengal and a highly successful serial entrepreneur, Since then he has been instrumental in founding several other ventures in areas such as Electric Vehicle and Electric Drive Train, Engineering Design Outsourcing, Telecom Energy Efficiency and Mobile Handsets Manufacturing.
Mr. Malhotra regularly spends time with B school /engineering students across the country to share experiences and to develop interest in entrepreneurship among students. He serves on various industry and technology committees and regularly presents papers at conferences in the power space. He has many patent applications to his credit in the field of power electronics, storage and renewable energy.
Mr. Malhotra is a family person & loves to spend good quality time with his family. He is very fond of travelling, listening music and business reading.