Burman FamilyFamily Burman
Burmese family businesses
The Burman Family, the controlling shareholder of the Dabur Group, uses us as its strategy investing base. Established in 1884 by Dr. S.K. Burman, Dabur is India's biggest India-based rapid-motion consumer good company with sales of over $2 billion and a total capitalisation of over $8 billion.
As longtime, proactive investor with a strong emphasis on early-stage company investing, we believe they will be at the forefront of their profession. Our search for business is focused on the healthcare, financial services, hospitality, education and entertainment sectors. Over the last twenty years, we have spent more than $500 million on various projects, primarily in India, and have teamed up with many of the Fortune 100 industry giants from around the globe.
Burmese looking outside the family to construct Angel XI.
The new dehi:, is a consortium of international shareholders who will seek to seek to find and execute cross-sector investing in periods of economic upswing. It is foreseen that the worldwide ecosystem will comprise family office, strategy and retail fund investing capabilities in industries such as finance, health care, consumption technologies and the country's wider cyberspace.
"â??We believe we are able to help us find extraordinary businessmen and thrilling companies in India,â Gaurav Burman, Dabur Indiaâ?? directr. told ET. "We' re looking for strategically oriented individuals and family firms with professional competence who want to make investments in India. Through partnership with one or more of these co-investors, we believe we can provide a sophisticated approach for India's companies by providing them with long-term equity and capabilities in their respective industries.
Whilst Burman refused to disclose the name of prospective investor, pointing to the early character of talks with several political groups, the family, which controlled about 70% of the shares of the fast-moving manufacturer of personal goods, has had strong ties with a number of EU and US industry groups for many years. Burman Family Holdings is widely believed to procure and organize most of the deal and to become the syndicate's manager.
"In essence, we will act as commercial banks, but with our names on the line," Burman said. "and the most important thing for my family is the company and our shareholders. Therefore, any FMCG transactions or opportunities are taboo for the Family Offices and must go to Dabur.
Burman said, "We have a very strong political stance in this area. In the last ten years, family firms in India have proven to be one of the safest alternative strategies to traditional venture financing, not only because of their long-term commitment to investing, but also because of the awareness of the brands and accessibility that are considered particularly crucial by the start-up eco-system.
Tata Sons' CEO Ratan Tata's RNT Associates; PremjiInvest, the intimate investing arm of Wipro CEO Azim Premji; and Catamaran Ventures, the holding company of Infosys founders NR Narayana Murthy, have developed into aggressively investing companies whose investing strategy is more closely aligned with that of PEF. Founded in the mid-1990s, the Burman Family Business has historically made a mixture of government and retail capital expenditures, investing over 3,300 rupees to date.