Karti Chidambaram

Karti Chidambaram is the Founder and Convenor of G67, a platform of like-minded, educated, aspirational youth of Tamil Nadu (born after the year 1967) to voice their opinion and champion relevant social causes.

Chidambaram is alleged to be involved in Aircel-Maxis and Sequoia Capital case.

The CBI investigated the role of former finance minister P. Chidambaram in the takeover of telecom operator Aircel by Maxis.

The investigating body found out that the finance minister and ministry's secretary were to clear an investment of up to Rs 6 billion.

Maxis' investment in Aircel at the time was Rs.

30 billion.

Thus, the ministry and FIPB had the legal hand to clear the investment.

Karti Chidambaram (born 16 November 1971) is an Indian politician and businessman.

A member of the Indian National Congress, he serves as the Member of Parliament for Sivaganga in the Lok Sabha.

He earned a Bachelor of Business Administration from the McCombs School of Business at University of Texas at Austin in 1993.

He later earned Bachelor of Laws from Wolfson College, Cambridge in 1995.

After his education, he returned to Tamil Nadu where a political upheaval had taken place.

P. Chidambaram had left the Congress and formed his own political party called the Congress Jananayaka Peravai.

Karti Chidambaram became a member of party and served as P. Chidambaram's election manager in Sivaganga.

They were interrogated in connection with the Aircel-Maxis case, a corruption scandal that had begun with a 2011 complaint by the owner of Aircel, a communications firm, who said he had been pressured to sell his stake in his company to Maxis, a data firm.

The ED said it would later be summoning Karti Chidambaram himself in connection with the case.

Chidambaram unsuccessfully ran in the 2014 Indian General Election for the Sivaganga seat, losing to P. R. Senthilnathan of the All India Anna Dravida Munnetra Kazhagam.

In April 2015, the Enforcement Directorate (ED) searched the Bengaluru offices of Sequoia Capital India, the Indian subdivision of a Mauritius-based investment fund, in connection with a probe of Vasan Healthcare Group, which was partly owned by Karti Chidambaram.

Sequoia was suspected of abusing India's foreign direct investment policy.

It was reported on 25 August 2015, that the ED had summoned two directors of Advantage, Vishwanath Ravi and C.B.N. Reddy, for questioning in Delhi under the Prevention of Money Laundering Act.

In a series of articles published in September and October 2015, the New Indian Express charged that Karti Chidambaram was the secret owner, or perhaps co-owner with his father, of a sprawling international network of companies.

On 17 September 2015, the newspaper reported that Advantage had bought shares of Vasan Eye Care at a reduced price and had later sold the shares at a huge profit.

Karti Chidambaram's name was mentioned in connection with these transactions.

On 21 September, Karti Chidambaram's father denied any association between anyone in his family and Vasan and threatened to sue the newspaper.

On 23 October, the Express produced a tax affidavit supporting its claims.

In February 2017, Judge OP Saini quashed the Aircel-Maxis case.

Special Judge O P Saini said the court has "no hesitation in recording no prima facie case warranting" framing of charges against any of the accused in Aircel Maxis case.

He was elected in the 2019 Indian general election, winning the seat held seven times by his father, P. Chidambaram.

Karti Chidambaram's was born to Nalini Chidambaram and P. Chidambaram in Chennai, Tamil Nadu.

Karti did his schooling at Don Bosco School, Chennai.

He ran for the seat again in the 2019 Indian general election, and won.

Karti Chidambaram is married to Srinidhi Rangarajan, a Bharathanatyam dancer and physician who works with the Apollo Hospitals Group in Chennai.

They have a daughter, Aditi Nalini Chidambaram.

On 3 August 2020, Chidambaram tested positive for COVID-19.

Karti Chidambaram has been associated with tennis for over three decades.

He is the Secretary-General of the Indian Tennis Players Association (ITPA).

He has held the position of Chairman of the Organising Committee for Chennai Open and was a former vice-president of the All India Tennis Association.

He is currently the vice-president for the Tamil Nadu Tennis Association.

He is also the President of the Tenpin Bowling Federation of India and Chief Patron of the All India Karate-Do Federation.

He is a member of the inaugural class of the India Leadership Initiative (ILI) of the Aspen Institute, Chairman of the Asia 21 India Chapter of The Asia Society, co-founder of the Chennai Chapter of Young Entrepreneurs Organisation, and co-founder of www.karuthu.com (an "Online Public Opinion Forum").