Sahil Vachani is CEO & Managing Director of Max Ventures and Industries Limited, one of the three listed companies of the USD 3 billion Indian conglomerate – The Max Group. Having started his career as an investment banker with Citigroup in London, he went on to co-found Dixon Appliances. Sahil joined the Max Group in 2016 with a focus on creating a powerful Real Estate brand – Max Estates Limited and steering MaxVIL’s other businesses towards growth.
Today, he heads Max Estates and Max I and deliberates all his efforts towards their core competencies. His endeavour is to bring honesty and transparency into the real estate business and he likes to invest in technology that can enable that. He talks to us about his laser focus and how the era of conglomerates is over.
Sahil Vachani, CEO & MD, Max Ventures and Industries Limited
Sahil Vachani is CEO & Managing Director of Max Ventures and Industries Limited, one of the three listed companies of the USD 3 billion Indian conglomerate – The Max Group. MaxVIL is the holding company for Max Estates, a Real Estate development subsidiary, Max Speciality Films, an innovation leader in the Speciality Packaging Films business and Max I., an Investment subsidiary. He also serves as a Director on the Boards of Max Financial Services Limited and its subsidiary Max Life Insurance as a representative of the Owner Sponsor Group led by Mr. Analjit Singh. Sahil joined the Max Group in 2016 with a focus on creating a powerful Real Estate brand – Max Estates Limited and steering MaxVIL’s other businesses towards growth. Since assuming his role at MaxVIL, Sahil has successfully completed key transactions which will have an enduring impact on the Company’s growth journey over the next few years. These include the on boarding of New York Life Insurance Company as an investor with 22.5% stake in MaxVIL and the induction of Toppan Printing Co. Ltd, Japan (Toppan) as a joint venture partner with a 49% stake in MaxVIL’s legacy manufacturing business – Max Speciality Films (MSF).
Under Sahil’s leadership, Max Estates recently opened its doors to its flagship office project, Max Towers, located on the Delhi Noida Directway (DND), a few minutes’ drive from South Delhi business hubs such as Okhla, Nehru Place etc. With an investment of nearly Rs 600 Cr, with a super built up area of over 5.5 lakh sq ft, Max Towers is a blend of thoughtful design and superior hospitality which helps integrate work and life through its philosophy of “WorkWell”. Developed in a brisk time period of approx 2 years, it is probably the only stressed real estate asset in North India to have witnessed such a speedy revival and completion. Sahil is now focusing on Max Estates second project, the redevelopment of Max House in Okhla, New Delhi, work on which is well underway. Sahil has also facilitated intellectual & financial Capital to promising and proven early-stage organizations across identified sunrise sectors led investments through, Max I. So far, the company has invested in Azure Hospitality Pvt. Ltd., which owns and operates successful F&B brands such as Mamagoto and Dhaba, and FSN E-Commerce Ventures Pvt. Ltd, which owns and operates the leading online beauty destination Nykaa.com.