MBD Group celebrates 76th Founder’s Day: Remembers the spirit of Ashok Kumar Malhotra

MBD Group, celebrated Founder’s Day and 76th birth anniversary of their founder, Ashok Kumar Malhotra, on July 10. Employees at MBD celebrate it as a day of reaffirmation and rededication to the vision and mission of their founder.

Mr. Ashok Kumar Malhotra- A man of honour

A visionary educationist, hospitality genius, and change-maker, Ashok Malhotra’s name evokes confidence and humility in the MBD brand. He knew the power of education as a tool of change and empowerment.

He started young from Jalandhar in 1956 in his early teens and undaunted at the age of thirteen self-published and authored a book called General Education. However, he did not stop with education. From books and printing press and e-learning to hospitality, retail and design and construction in India and abroad – he dreamt new dreams and worked hard to realise them.

As he achieved more, he also desired to give more. He believed in sharing his fortune with his MBD team and also the society at large. It was his firm belief that the will to help others would always create a path of positive results.


Last year when students had to stay home, MBD Group launched the AASOKA App which makes available to students high-quality study material. The app has e-books, audio lessons, video lessons and online assessments and assignments.

Also, ALTS (Aasoka Learning and Teaching Solutions) was developed for schools; it is a cloud-based platform catering to all academic, administrative, learning and teaching needs of schools with curriculums of CBSE, ICSE/ISC and various State Boards.

“In the past year, we have been able to rise to the challenge of providing new solutions for students and teachers in the form of ALTS & AASOKA. With these two products we foresee a bright future of MBD Family in the EdTech space,” said Ms. Monica Malhotra Kandhari, Managing Director MBD Group.

MBD Group’s Hospitality

MBD Group’s hospitality ventures MBD Steigenberger and MBD Express spread across North, West and South India have been marching forward with aplomb.

“We offer warm Indian hospitality and world-class service – an exemplary fusion of regional splendour and modern luxury. Our luxury hospitality brand MBD Steigenberger has 250 keys in Mumbai, 320 keys in Bangalore and 36 keys in Ranthambore. Moreover, MBD Express with 950 keys already signed up, a unique concept offering experiential hospitality to guests in mid-market segment, has signed projects in Delhi NCR, Mumbai and Goa,” informs Ms Sonica Malhotra, Joint Managing Director MBD Group.

The Care for MBD Employees

Mrs. Satish Bala Malhotra, Chairperson MBD Group, has been continuously investing resources towards the well-being of the employees.

“We have nearly doubled the Medical Insurance Cover for our employees so that they are protected and no one is deprived of care and cure for the want of support or resources. We will also provide financial and emotional support to bereaved families of our employees who lost the battle with COVID,” she said.

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