Chenraj Roychand Net Worth: Founder and Chairman of JGI GROUP

Those who don’t know Chenraj Roychand, well, just for the sake of introduction, he is a successful entrepreneur, educationist, and philanthropist right here in India. He was born in 1961 and he sure has been through it all and achieved some great things in the education sector of India for example by the Jain Group and Jain Deemed-to-be University. People commonly know him as the person who helped students establish a connection between academic knowledge and real-world business, thereby pulling them out of school and leading them toward entrepreneurship, you know? Though his wealth is unknown to the public, some think it could be in the range of 13 to 15 crore rupees. It could very well be more than that because of how many years of good work he’s done, so that’s how it is.

Early Life and Background

Let’s start with his early life. Chenraj Roychand was born on July 7, 1961, in Karnataka, India. The beginning of his life was simple and he started his career as a salesman who earned only Rs. 50 a month, can you even believe that? However, the financial burdens were very heavy to bear and he was somehow triggered by the will to work for himself. Though, later on in life, it was the influence of Swami Vivekananda’s teachings and Dhirubhai Ambani’s entrepreneurial spirit that brought up the importance of education and self-dependent Richards started to believe. That is to say, this was the basis for his later work in the education sector. And to be honest, what a phenomenal job he did at leveling up the education system right here in India, at least he did everything in his power to brighten thousands of students’ lives.

Founding Jain Group and Jain University

It was in 1990 when Chenraj Roychand took his first major and bold step in the field of education by establishing Sri Bhagawan Mahaveer Jain College in Bangalore, did you know that? Well, sure, it was a community college that was among the many educational institutions that made up Roychand’s Jain Group in India and eventually went on to become one of the best colleges in Asia. After that, several colleges were built across the continent with the Jain group following the initiation of Roychand. Though, it was only in 2009 that the institute gained the status of a deemed university, which is now called Jain (Deemed-to-be University). Nowadays, this school provides courses with a variety of options such as commerce, science, arts, engineering, and management.

Business Ventures and Success

Despite being kinda famous for his education influence Chenraj Roychand also boasts of impressive entrepreneurial feats, but like what? For example, he kicked off his career in the business sector in 1982, as the founder of the 800 Bits Showrooms. That was a huge success, today in India it has expanded there are currently more than 30,000 such shops. He is not only an investor in businesses but also Roychand is an angel investor mentoring up to 3,000 students to become the founders of 56 start-ups, you know? Although his net worth is not publicly mentioned anywhere, you can have a good idea that it would be in multiple crores at least because of the phenomenal work he has been doing for many years now.

Achievements and Awards

It is impossible for someone to be prominent in the field of education or society without being awarded countless accolades throughout their life, correct us if we are wrong. Chenraj Roychand has been the recipient of some of the most prestigious awards such as the Rotary Award for Vocational Service, the Kempegowda Award, and the Dr. B.C. Roy Award. Behind the Sports success of Jain University, which produced six Olympians and more than two hundred national and international athletes, lies his effort. For sure, his intention is to have individuals who can excel in a variety of fields, which is reflected in his attention to both academics and athletics.