NewZNew (Chandigarh) : Omaxe Limited, one of India’s leading Real Estate companies, headquartered in Delhi, has named Ms Padmaja Ruparel as an Independent Director on Board of the Company. As current member of Omaxe’s Board of Directors, she brings more than two and a half decades of industry experience to the role.
Mr Mohit Goel, CEO, Omaxe Ltd said about the appointment, “We are very proud to have Ms. Padmaja Ruparel on the board of Omaxe Limited as an Independent Director. Being the President of the ‘Indian Angel Network’ and having successfully mentored many entrepreneurs and startups, we are confident that the distinguished and qualified, Ms. Ruparel’s industry experience will bring in fresh perspective to the thought process and business principles followed at Omaxe Limited.”
Padmaja Ruparel, an entrepreneur, an Angel Investor, is today the President of Indian Angel Network (IAN), building it from just a gleam in the eye to India’s first and Asia’s largest group of business angels, comprising the who’s who of successful entrepreneurs and dynamic CEOs from India and overseas. This “For Entrepreneurs, By Entrepreneurs” platform now has over 200 investors with a portfolio of close to 50 companies across multiple sectors and geographies; operating across 5 cities, providing exits such as 11.5x over 42 months, with over 350 entrepreneurs approaching the network month on month. She has established a unique model of an incubator, based on domain expertise and mentoring portfolio, which now has a portfolio of 36 incubatee companies, growing quickly to attract seed funding within 6 months of incubation.
As a key player in the entrepreneurial eco system of India, she operationalised the TiE Universe’s best chapter – TiE Delhi chapter and revived the Indian Venture Capital Association, India’s oldest and largest association of VC and PE firms as CFO of the organisation. Paints & piano take Padmaja to a different realm.