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Journalism of Courage
This is an archive article published on February 1, 2025
Dinesh Nandwana, founder of tech firm Vakrangee, dies during ED search in Mumbai
The search was being carried out by the Enforcement Directorate’s Jalandhar unit. The police suspect Vakrangee founder Dinesh Nandwana suffered a heart attack.
Dinesh Nandwana’s health deteriorated while the central agency’s Jalandhar unit officials were conducting a search at around 11.30 am, the police said. (Credit: vakrangee.in)
Dinesh Nandwana, the 62-year-old founder, promoter and chairman emeritus of Vakrangee, a Mumbai-based technology company, died on Friday while an Enforcement Directorate (ED) team was conducting a search at his Andheri residence.
Nandwana’s health deteriorated while the central agency’s Jalandhar unit officials were conducting a search at around 11.30 am, the police said.
“He was rushed to the hospital but died before admission. Prima facie, it looks like he had a heart attack but we are awaiting the postmortem report to ascertain the exact cause of death,” said Ravindra Chavan, Senior Inspector, MIDC police station. The police have registered an accidental death report.
The family of the deceased has not lodged any complaint, Chavan added.
In a letter, Vakrangee informed the Bombay Stock Exchange about Nandwana’s demise. “With deep sorrow, we hereby inform that our Promoter and Chairman Emeritus Mr. Dinesh Nandwana, aged 62 years has left us for the heavenly abode today afternoon i.e. January 31, 2025. Mr. Dinesh Nandwana was the first generation entrepreneur who played an important role in bringing the company to its present level based on very strong fundamentals,” the letter stated. The company further said that Nandwana was instrumental in moulding Vakrangee from a modest consultancy company to “a prominent force to be reckoned with”.
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