Jain couple to leave minor daughter, Rs 100-cr property for monkhood

Agencies
September 17, 2017

Neemuch, Sept 17: A well-educated Jain couple from Madhya Pradesh has decided to leave behind their three-year-old daughter and property “worth Rs 100 crore” to embrace monkhood.

Sumit Rathore (35), who has worked in London before managing his family business in Neemuch, and his wife Anamika (34), an engineer who was employed with a mining major, decided to renounce the material world recently.

Earlier this year, a Jain teenage boy from Gujarat, who had scored 99.99 percentile in the class XII commerce examination, took the vow of monkhood. The couple will be initiated into Jain monasticism at a ceremony to be held in Surat on September 23.

Their family members said the couple has been married for four years and have a daughter. At present, they have taken a vow of silence till they take ‘deeksha’ (vow) next Saturday. As per the monkhood tradition, their heads will be shaved and they will put on white robes for their entire life.

Anamika’s father Ashok Chandaliya, a former Neemuch district president of the BJP, said he would take care of his granddaughter. “I am not against my daughter Anamika becoming a nun,” he said.

Sumit’s father Rajendra Singh, who runs a factory manufacturing gunny bags for packaging cement, also echoed a similar view. Sumit announced his decision to take ‘deeksha’ at a function in Surat last month.

“However, the pontiff asked him to seek Anamika’s permission. She not only gave her consent but also expressed a desire to become a nun. Their families asked them to rethink, but the couple stood their ground,” Sandip said.

He said Anamika was the first student in Neemuch district to win a gold medal in her Board examinations for class VIII. According to a family member, Anamika completed her BE from Modi Engineering College in Rajasthan. She had worked with Hindustan Zinc before her marriage.

Sandip said Sumit holds a diploma in import-export management from a college in London, where he worked for two years before returning to Neemuch to look after his family business.

Comments

George
 - 
Sunday, 17 Sep 2017

They should have taken this action before the child was born.

AK Shetty
 - 
Sunday, 17 Sep 2017

I salute the couple for their sacrifice and dedication, such people would bring fame to the spiritual world unlike the Ram Rahims.

Rakesh
 - 
Sunday, 17 Sep 2017

It is certain that the couple love each other too much. They r in search of Moksh but this search has made her daughter to suffer. they had a lot to do for the mankind if they r serious about service to God. What a great loss to our society !

Truth
 - 
Sunday, 17 Sep 2017

First stir up all the dust with that Mining and Manufacture. next wear a face mask.

Unknown
 - 
Sunday, 17 Sep 2017

It is a tough choice i am sure. Leaving their young daughter and all the luxuries money could have brought. Most of our giant seers & gurus also renounced worldly pleasures, some early and others late. Without knowing the circumstances we should not comment but appreciate their decision, a rare one indeed. I don't believe anything bad can come out of such an immense sacrifice.

Vijay
 - 
Sunday, 17 Sep 2017

Selfish parents..destroying a childs' life.

Ganesh
 - 
Sunday, 17 Sep 2017

Should stop this practice. After 18 years old let them decide. till that age parents should not take rubbish decisions.

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News Network
May 7,2020

Amaravati, May 7: Telugu Desam Party (TDP) president and former chief minister N Chandrababu Naidu on Wednesday said that Karnataka Chief Minister BS Yediyurappa has assured him to offer immediate help to stranded Andhra fishermen.

Around 300 Andhra Pradesh fishermen are stranded on the coast of Malpe village in Udupi district.

"Karnataka CM has responded very positively and assured to offer the stranded fishermen immediate help. The fishermen hail from Srikakulam district in Andhra Pradesh.

Yediyurappa has also said that their team was also contacting Andhra Pradesh authorities to safely bring them back to their home state," Naidu said in a statement on Twitter.

In a separate letter to Yediyurappa, Naidu lauded the tremendous efforts that the government of Karnataka has been putting to fight COVID-19 and expressed his solidarity with the people there in this critical time.

Naidu said that many Telugu people that have migrated to other states for work were facing various problems due to the COVID-induced lockdown.

"In this backdrop, I would like to bring to your notice that around 300 fishing folk from Srikakulam District are stranded in Malpe Village, Udupi District, Karnataka. Their families, relatives and well-wishers are deeply worried for their safety and well being," Naidu said.

The TDP chief said that on behalf of those families and on his own behalf, he would appeal for sending the stranded fishermen back to their respective homes.

"In case that is not possible, I request you to provide them with shelter, food, water, medical aid and other essential commodities until the end of COVID lockdown," TDP chief said in a letter.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
April 1,2020

Bengaluru, Apr 1: The state government has identified five districts, including Dakshina Kannada, as 'cluster zones' or 'Red zones,' to prevent the spread of Novel Coronavirus.

The other four districts include Mysuru, Uttara Kannada, Bengaluru and Chikkaballapur.

Mangaluru has been under strict lockdown, as it is close to Kasargod in Kerala, which reported many positive cases and is also one of the 'hotspots' in the National Centre for Disease Control (NCDC) list.

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