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Quick Info→. Age: 65 Years. Wife: Pallavi Kotak. Hometown: Mumbai. Some Lesser Known Facts About Uday Kotak. Uday Kotak is an Indian social worker, banker, and entrepreneur. He is the founder of the Kotak Mahindra Bank, a company specializing in banking and financial services.
- 15 March 1959 (Sunday)
- Salt and Pepper
- Dark Brown
- 5' 9" (175 cm)
Uday Kotak was born in Mumbai on March 15, 1959 to an upper-middle-class Gujarati Hindu Lohana family that engaged in cotton trading. [5][6][7] He grew up in a large joint family in a home with 60 people living under one roof. [5]
- Wiki/Biography
- Career
- Awards, Honours, Achievements
- Car Collection
- Facts/Trivia
Uday Suresh Kotak was born on Sunday, 15 March 1959 (age 64 years; as of 2023) in Bombay, Bombay State (now Mumbai, Maharashtra), India. His zodiac sign is Pisces. In an interview, Uday revealed that he used to live in a joint family of sixty people in Mumbai. Talking about it, he said, After completing his schooling at Hindi Vidya Bhavan in Mumbai...
Family Business
After Uday underwent surgery and temporarily dropped his studies, he joined his family business of trading in Mumbai; however, he later left the family business and established a finance firm. In an interview, Uday revealed that he got aversed to work in the family business due to a difference of opinion with other family members on how to run the business.
Starting A Business in Finance
After completing his MBA, Uday received a job offer to work with Hindustan Unilever; however, he declined the offer and established a finance firm in Navsari, Mumbai. He talked about it, in an interview, and said, Following the establishment of the finance firm, his father, Suresh, introduced him to Shivanand Mankekar, a finance guru, who taught Uday about the functioning of the stock markets and finance.
Kotak Mahindra Bank
In 1985, he established a finance firm called Kotak Capital Management with Sidney Pinto, a banker. He began the company with an initial investment of under US $80,000 (Rs. 30 lakhs approx.) borrowed from his family and friends. The company indulged in bill discounting business with Tata Group and Mahindra. While working with Mahindra, he came in contact with Anand Mahindra, who was the general manager at Mahindra & Mahindra back then. Uday Kotak asked Anand to invest Rs. 1 lac in his company...
In June 2014, he received the Ernst & Young World Entrepreneur Of The Year Award.Uday Kotak with his EY Entrepreneur of the Year award
Mercedes-Benz GLS-ClassAudi A8BMW 8-SeriesIn an interview, Uday revealed that he liked to play cricket and wanted to pursue a career in professional cricket; however, he had to give up on his dreams of becoming a cricketer after getting gr...
Personal life of Uday Kotak. Uday Kotak was born on 15th March,1959 in Mumbai, India. He belonged to an upper middle class family, who were traditionally Gujarati cotton traders and later...
- Mumbai,India
- 15th March, 1959
- Chairman, Kotak Mahindra Bank
May 25, 2020 · Uday Kotak was born in a Gujarati family and resided in a joint family consisting of 60 people. Much to their surprise, Kotak did not join their flourishing cotton trading business. Rather, he ...
May 12, 2021 · Uday Kotak was born on 15 March 1959 to an upper-middle-class Gujarati Lohana joint-family in Mumbai. His family had moved from Karachi, Pakistan to India during the partition and had set up a cotton trading business.
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Who is Kotak Mahindra Bank?
The 64-year-old India's richest banker founded Kotak Mahindra Bank in 1985. His entry into the finance sector was prompted after his cricketing dream was cut short due to an injury. In the...
