Deepak Kochhar Age, Wife, Family, Biography & More

Some Lesser Known Facts About Deepak Kochhar

• Deepak Kochhar is the co-founder and CEO of NuPower Renewables.

• He made the headlines in April 2018 for all the wrong reasons, as he was named in the alleged ICICI Bank-Videocon loan fraud controversy, involving his wife Chanda Kochhar.

• He was born in a corporate society in Mumbai.

• He likes to play squash. He had participated in 3 national-level squash competitions and won all three of them.

• After completing his graduation from Mumbai University, Deepak joined Jamnalal Bajaj Institute Of Management Studies for his Master’s degree in Finance, and it was there he met Chanda Advani (now Chanda Kochhar), who was pursuing her Management Studies.

• After finishing their studies at Jamnalal Bajaj Institute of Management Studies, Chanda Kochhar decided to get into a salaried job in 1984; however, Deepak started his own business.

• He, along with his brother Rajiv Kochhar, set up a company ‘Credential Finance.’ The company fell into tax-related litigations, and Credential Finance was struck off the stock exchange registers in the early 2000s.

• Thereafter, he parted ways with his brother to set Avista Advisory group in Singapore, with offices in India.
  

  Rajiv Kochhar, the co-founder of Avista Advisory Group

• After leaving Avista Advisory Group, he founded another company named Pacific Capital Services Private Limited. According to sources, his father, Virendra Kochhar, owned 10% of the company and Neelam Adani, Chanda Kochhar’s sister-in-law, owned 90% of the company. ^[9]The Times of India

• He has worked as the managing trustee of Pinnacle Energy.

• In 2008, he co-founded NuPower Renewables and became its Chief Executive Officer. Originally, NuPower Renewables was a 50-50 Joint Venture between Videocon Group’s Venugopal Dhoot family and Kochhar and Advani families. The company owned 700 MW of renewable energy assets and worked on projects in multiple states including Karnataka, Rajasthan, Maharashtra, Andhra Pradesh and Madhya Pradesh. On 10 June 2009, he was appointed as the director of Quality Techno Advisors Private Limited. He became the director of NuPower Technologies Private Limited on 3 January 2011. On 24 July 2013, he became the director of NuPower Windfarms Limited. On 12 November 2014, he was appointed as the managing director of Echanda Urja Private Limited. He was appointed as the additional director of Elegant Investrade Private Limited on 22 July 2021. ^[10]Zauba Corp
  

  Deepak Kochhar, co-founder of NuPower Renewables

• Chanda Kochhar was one of the most prominent CEOs in India. She has been featured on many magazine covers of major tabloids and on lists of powerful personalities in India and globally. She was often listed among India’s most powerful women. In 2011, she received the Padma Bhushan award.
  

  Chanda Kochhar receiving Padma Bhushan in 2011

• Deepak Kochhar and his wife Chanda Kochhar have earned a prominent reputation among India’s celebrated families. Their family’s status can be gauged by the star-studded guest list for the wedding of their daughter Aarti in December 2014. The guest list included- Mukesh Ambani, Nita Ambani, Gautam Adani, Kumar Mangalam Birla, P Chidambaram, Uddhav Thackeray, Nitin Gadkari, Shah Rukh Khan, Amitabh Bachchan, and many more.
  

  Politicians, businessmen, and celebrities attending the wedding of Chanda Kochhar’s daughter