Rajeev Karwal

Rajeev Karwal (11 April 1963 – 12 May 2021) was an Indian businessman.

Rajeev Karwal
Born(1963-04-11)11 April 1963
Died12 May 2021(2021-05-12) (aged 58)
NationalityIndian
Alma materInstitute of Management Technology, Ghaziabad
Occupation(s)Founder and CEO of
Milagrow
SpouseShobha Karwal
Childrene
Websitewww.milagrowhumantech.com

Biography

He was credited with bringing LG Corp to India in 1997. Karwal also served as the CEO of Electrolux Kelvinator and also of Reliance Retail. He is an alumnus of Institute of Management Technology, Ghaziabad[1] in Uttar Pradesh, India.

Karwal began working at Onida Electronics as the Marketing Executive and became the Deputy General Manager. He went on to work with the Kishinchand Chellaram Group‚ in the Canary Islands‚ Spain. He joined Surya Roshini Limited and brought about an outstanding business turnaround in a very short time.[2] At LG Corp India‚ as their Vice President Sales & Marketing‚ he transformed the company.[3] From LG he moved in as Business Head of Consumer Electronics at Philips. He then moved on to become the Managing Director at Electrolux India.[4][5] His turnaround in Electrolux resulted in the company posting a 49% growth in sales.[6][7] After stepping down from the post of President & CEO of the Consumer Durables Vertical of Reliance Retail,[8] he founded Milagrow Business and Knowledge Solutions.[9]

Karwal founded Milagrow Business and Knowledge Solutions in 2007. It came into existence with the aim of offering support as a venture catalyst to fill the 'Management Capital' need gaps of growth-seeking - micro, small and medium businesses.[10]

He died on 12 May 2021 after contracting COVID-19.[11]

Honours and recognition
  • Economic Times India’s Most Powerful CEOs list 2004 [12]
  • Recipient of the 1st Most Distinguished Alumnus Award of IMT Ghaziabad when it was instituted in 2005.[13]
  • Was featured on the cover of Business Today, in the 1st ever listing of Top 25 Young Rising Stars of India Inc.[14]

References
  1. "Among IMT's innovators : Rajeev Karwal". Archived from the original on 7 October 2016. Retrieved 3 April 2013.
  2. "Man with a golden eye".
  3. "LG thinks big, looks ahead".
  4. "Rajeev Karwal quits Phillips to join Electrolux".
  5. CEO Milagrow Robots Rajeev Karwal reportedly dies after battling with covid-19
  6. "With Karwal at helm, Electrolux posts record 49% growth in sales".
  7. "The year 2005 is for turnaround : Rajeev Karwal". Archived from the original on 4 March 2016. Retrieved 2 April 2013.
  8. "Reliance Retail loses Karwal".
  9. "The SME Change Agent".
  10. "Rajeev Karwal to offer services to SMEs".
  11. "Rajeev Karwal, the Man Behind Milagrow Robots, Dies Due to COVID-19". News18 India. 12 May 2021. Retrieved 12 May 2021.
  12. "New entrants in India Inc's Power List".
  13. Service, PaGaLGuY com News (15 March 2008). "NR Narayana Murthy to preside at IMT Convocation 2008". PaGaLGuY. Retrieved 23 June 2019.
  14. "BUSINESS TODAY". archives.digitaltoday.in. Retrieved 23 June 2019.
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