Ms. Shefali Munjal
Ms. Shefali Munjal is a dynamic young business leader, social entrepreneur and a philanthropist.
In 2005, Shefali pioneered the Hero Group’s foray into insurance distribution; she has since transformed a modestly sized division that sold 5000 policies a month into a high growth enterprise that sold over 800,000 a month in 2017. The distribution business has sold 60 million plus policies, with more than 10 million policies sold in FY17 alone — a feat unparalleled in India’s insurance industry.
These efforts have won her a place in the a Businessworld list of Achievers Under 40.
Besides sustaining the growth of Hero Enterprise firms, Shefali is involved in developing futuristic and sustainable businesses that are profitable and socially meaningful and in also nurturing entrepreneurs with innovative business models and technologies that can become global in scale.
Shefali is passionate about levering business and management acumen for socially-relevant causes and leaving behind a legacy of responsible capitalism. Through the family office of Hero Enterprise, she is supporting startups that focus on digital learning, community transportation, healthcare, women empowerment and children’s education.
She is also a Trustee of Serendipity Arts Trust, a unique social project that aims to revive patronage in the arts and plays a pivotal role in designing and executing the Annual Serendipity Arts Festival in Goa, India’s largest and most ambitious interdisciplinary arts festival. Shefali iss also independently involved with “Delhi 10,000” — a charity that focuses on feeding people through annual events around the slums of the Delhi.
Shefali is a member of CII’s National Committee on Insurance & Pensions and a founding member of the CII Young Indians Council and the Delhi Chapter of the Entrepreneurs Organization.
Shefali’s strong business and social credentials stand on the bedrock of academics. She was a CBSE Class 12 topper, and is an alumnus of The Lawrence School, Sanawar. She studied at Sri Ram College of Commerce (SRCC) and acquired her Masters in Science with Distinction from Warwick University UK. She also attended the Owner President Management Programs at Harvard Business School and Executive education at INSEAD.
Shefali is also an avid and accomplished photographer, and her work has been featured at prominent photography exhibitions in Delhi.