Company type | Private |
---|---|
Industry | Conglomerate |
Founded | 21 May 1926 |
Founder | Jagannath Goenka |
Headquarters | Mumbai, Maharashtra, India |
Area served | Worldwide |
Key people | Subhash Chandra (Chairman) |
Products | |
Revenue | ₹ 16,800 crore (US$2.4 billion) (2023) |
₹ -158 crore (US$ -19 million) (2023) | |
Number of employees | 10,000+ (2021) |
Subsidiaries |
|
Website | www |
Essel Group, (also known as Zee Group) is an Indian multinational conglomerate holding company and corporate promoter headquartered in Mumbai, Maharashtra, India.[2] The company has had business interests in mass media, infrastructure and packaging. It operates the subsidiary of Zee Media Corporation.[3][4][5]
Founded in 1926 as the Messrs Ramgopal Indraprasad by Jagannath Goenka, the company was expanded and converted into the Essel Group of Industries by his grandson, Subhash Chandra.[6] Chandra is part of the Goenka (Goel) family which owns and operates the group; he was also the chairman of the company and a former member of the Rajya Sabha.[7]
Experiencing financial troubles in 2019,[8][9] Essel sold off several of its assets, including Essel Propack and stakes of Zee Entertainment Enterprises.[8][9]
:10
was invoked but never defined (see the help page).