Naveen Jain

Advisor on Board at Vinara MetaSolutions
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Contact Information
us****@****om
(386) 825-5501
Location
Gurgaon, Haryana, India, IN

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Experience

    • India
    • Professional Training and Coaching
    • 1 - 100 Employee
    • Advisor on Board
      • Dec 2018 - Present

    • Founder & Managing Director
      • Oct 2016 - Present

      Chairman on the Board within Hospitality, Food & Beverage, Retail & Service Organizations Angel & Strategic Investor & Advisor with New Start-up's in the Service Industry Hospitality Industry Expert with Membership / Participation at Key Forums Managing Director at Nouvelle Knowledge Services • Strategic role with Key Services Organizations on Business Strategy for future growth and direction • Financial re-structuring for preparing companies for Capital Markets or IPO's • Business Planning inputs for New Start-up's to take them for fund raising for future requirements • Asset Management & Financial Structuring for Hospitality Portfolios • Hospitality Branding & Key Contract Negotiation Services with International / Domestic Brands Show less

    • Consumer Services
    • 1 - 100 Employee
    • President
      • May 2008 - Sep 2016

      Duet India Hotels is an Isle of Man registered Private Equity Fund which has raised institutional equity capital of USD 166 mn to invest in the development of hospitality assets in India. It is associated with Duet Group that is headquartered in London and has structured 17 funds; Duet Group manages over US$5.5 billion of equity across three business areas: Hedge Funds, Real Estate and Fund of Hedge Funds. Job Profile • Leading the company by providing strategic direction, team building and overall organization development • Managing functions of Business Development, Project Execution, Asset Management, Corporate Finance, Treasury & Human Resources • Financial underwriting of all proposed investment deals • Legal and financial due diligence for acquisitions • Optimal financial structuring of all investments to be tax efficient and compliant with all statutory regulations keeping in mind the liquidity events and distribution flexibilities • Negotiation & Finalization of Management and Technical Assistance Agreements with International Hotel Operators (Starwood, Marriott, InterContinental Hotel) • Setting up of efficient & effective systems and processes of Project spending • Joint Venture with an International brand with equity investment of USD 30mn Achievements till date: Equity Raised USD 30mn Equity Invested / Committed USD 160 mn Debt Raised USD 66 mn Projects Executed (operational) 6 Hotels with 1012 Rooms (project cost of USD 92 mn) Projects under execution 3 Hotels with 584 Rooms (project cost of USD 75 mn) Management / Franchise Agreements: 6 Joint Venture 1 Show less

    • Hospitality
    • 1 - 100 Employee
    • CFO
      • 2007 - 2008

      DLF Hotel Holdings Limited is a 100 % Subsidiary of DLF Limited and amongst one of the six business verticals of DLF Ltd. The vertical was created in August 2006 with a vision to be India's leading hospitality development and asset ownership Company across all segments of Hotels. Acquired luxury brand “Aman”. Job Profile • Created innovative Legal structures considering Tax efficiencies, flexibility in raising both onshore and offshore funds. (Working closely with Consultants, Merchant Bankers and Private Equity Firms) • Completed overseas acquisitions. Enterprise value USD 350 mn. (Due Diligence, Funding & Shareholders and related Agreement etc.) • Setting up of efficient & effective systems and processes for Project spending • Negotiation & Finalization of Management and Technical Assistance Agreements with International Hotel Operators (Hilton, Marriott, Four Seasons, Oakwood, Ogden). • Building an organization as a part of Executive Committee member with a focus on selection and retention of best talent available in the industry • Overseas Consolidation of Accounts - about 100 entities (overseas and domestic) • Business Planning, Business Valuation, NAV tracking and strict monitoring towards achieving the business plan • All legal and Secretarial compliances e.g. FDI, FIPB, DGFT, Company Law Board, ROC etc. • Incorporation of ~ 50 companies under the Companies Act. Key Achievements • Successfully completed acquisition of Aman Group of Hotels at an Enterprise Value of USD 350 mn. • Debt funding of USD 250 mn. Show less

    • Vice President- Finance and Planning
      • 2006 - 2007

      Hotel Leelaventure Ltd. owns and operates The Leela Palaces, Hotels & Resorts in New Delhi, Mumbai, Bangalore, Gurgaon - Delhi N.C.R., Udaipur, Goa and Kovalam. Job Profile • Corporate Accounts & Taxation • Operations Accounts of all the Units • Project Accounts • Fund Raising & Treasury Management • Financial feasibility of all new projects • Finalization of Operational & Capital Budgets • Coordination with Internal Auditors • Coordination & Implementation of various IT requirements of the Group • Finalization of all Management & Technical Assistance Agreements for all the Management Contracts • Meeting with Investors & analysts • Reporting financial overview to Board & Audit Committee of the Board Show less

    • India
    • Hospitality
    • 700 & Above Employee
    • Vice President Finance
      • 1982 - 2005

      Oberoi Group of Hotels: Internationally reputed hospitality Group owning and managing luxury and first class hotels in India & Overseas. (Listed on BSE) Job Profile • Analysis of Financial & Operational Performance of the units, reviewing deviations from budget-based on detailed monthly financial and operational reports & follow ups with necessary actions • Monitoring, follow-up and implementation of Internal Audit reports • Analyzing the comparative revenue and cost analysis between hotels and outlets • Planning, developing & successfully implementing actionable and measurable recommendations together with operations experts to maximize revenue & control costs • Regular monitoring of Working Capital requirements and fund utilization at the units • Weekly Management Reports and Profit Protection Plan for the units • Feasibility studies, profit/cash flow for all the new projects • Developing & implementing an effective management information system in coordination with the concerned functional heads at the Corporate Office • Coordinating and implementing various projects targeted towards development of new systems & of the Budgeting Process by reviewing unit business plans as part of the budgeting process and developing recommendations • Coordinating and implementing various IT requirements of the Group Achievements: • Instrumental in reducing operational costs substantially across the chain by introducing various systems and creating cost consciousness increasing the operational profitability by approximately 10% across all the units • Successfully streamlined various systems and procedures • Contributed to bottom line approx. Rs.30 million per annum through exchange rate and surrender of foreign exchange • Reduced the working capital requirement of the units by approximately Rs. 100 mn by closely monitoring Inventory levels and Account Receivables Show less

Education

  • Shriram college of commerce, Delhi University
    Bachelor's degree, Business/Commerce, General
  • The Institute of Chartered Accountants of India
    Chartered Accountant (FCA)

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