The late Bishwambharlal Maheshwari, the patriarch of the family, began his career as a trader in Mumbai, eventually becoming a prominent figure in the stocks, commodities, and bullion markets. Following his legacy, the family expanded into various industrial sectors, including textiles, tea plantations, and pharmaceuticals.

In the mid-1950s, they formed a partnership with American Home Products Corporation (Wyeth), a leading U.S. pharmaceuticals and consumer products company, to establish a manufacturing presence in India. This collaboration introduced several iconic brands, such as Anacin, Anne French, and Forhan’s, to the Indian market.

MIPL History

Manoj Maheshwari, the third-generation leader of the family, began his career at American Home Products in New York in the late 1970s. He later returned to Mumbai to join the family business, Geoffrey Manners Private Limited, where he quickly ascended to the role of President. In the early 2000s, after over three decades in manufacturing, Mr. Maheshwari recognized the global potential of service-oriented businesses. He became one of the founding members of Mumbai Angels, contributing to the nascent field of angel investing in India. His passion for nurturing new business ideas led to investments across various sectors, including financial services, information technology, education, and marketing.

In 2010, Karan Maheshwari, the fourth-generation member of the family, returned to Mumbai tospearhead the advisory & investment divisions of the group. Prior to joining the family business, Karan enjoyed a successful six-year tenure with the global consulting firm McKinsey & Company, working across three continents and with a diverse range of clients.

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