Draft:Gund Investment
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Submission declined on 30 August 2023 by Qcne (talk). This submission is not adequately supported by reliable sources. Reliable sources are required so that information can be verified. If you need help with referencing, please see Referencing for beginners and Citing sources. Declined by Qcne 13 months ago. |
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- Comment: Editor: you have not formatted your in-line citations properly. Please carefully read WP:INCITE and WP:INTREFVE. Qcne (talk) 11:22, 30 August 2023 (UTC)
Native name | Гүнд Инвестмент |
---|---|
Company type | Private |
Industry | Investment |
Founded | 2016 in Ulaanbaatar |
Founder | Dugar Jargalsaikhan |
Headquarters | Ulaanbaatar, Mongolia |
Area served | Mongolia, Singapore, USA |
Key people | Founding Chairman Jargalsaikhan Dugar, CEO Bat-Ireedui Jargalsaikhan |
Number of employees | 268 (as of May 2023) |
Parent | Gund Investment LLC |
Subsidiaries | Around 30 (as of May, 2023) |
Website | http://www.gundinvest.mn/ |
Gund Investment LLC is a Mongolian investment company established in 2016 as a result of the restructuring of Mongolian Investment Holding LLC.[1][2]. The company operates across a range of industries, including finance, investments, insurance, information technology, food production, and education[3][4] etc[5].
With a strategic vision for growth and success, Gund Investment LLC has expanded its portfolio by establishing and managing several subsidiary companies. These subsidiaries have embraced the innovative concept of social system frameworks developed by the company's founder, Mr. Jargalsaikhan[6][7], positioning them for thriving within their respective domains in the future.
The company's name, "GUND," is derived from the founder's mother, Gundegmaa Khandsuren, reflecting the company's connection to family values and its founder's heritage.
Gund Investment LLC prioritizes its dedication to responsible business practices, sustainable growth[8], and active community engagement.[9][10] These endeavors have played a role in establishing the company's reputable position within the investment industry[11]
History:
[edit]1991-2006: Founding History of the Company
[edit]Gund Investment LLC traces its roots to 1991 when Mr. D. Jargalsaikhan, along with a group of friends, established a small trading company known as DACO. In 1996, the company transformed into a mineral exploration consulting service firm under the name Mine Info LLC. During this period, Mine Info capitalized on the investment boom in the mining industry, which occurred between 2004 and 2007, enabling it to rapidly expand and diversify its operations.
2007-2015: Restructuring
[edit]As the success of Mine Info LLC continued to grow, the concept of the "MIH Group" was born. Short for Mongolian Investment Holding Group, the MIH Group emerged under the establishment of Mine Info LLC. Throughout this phase, Mine Info LLC solidified its position as a leading consultancy, providing professional and legal advisory services to both foreign and domestic entities engaged in Mongolia's mineral sector. The group's expansion and diversification efforts culminated in the establishment of a holding company structure in 2007. In 2012, Mr. Dugar Jargalsaikhan, the founder of the group, officially joined the Asia Business Council. By 2015, the MIH Group had expanded to encompass 17 subsidiaries with diverse interests in mining, financial services, food processing, construction materials, and consultancy.
2016-Present
[edit]In 2016, the MIH Group underwent structural changes to address the challenges posed by rapid expansion and the need for clearer strategic direction. As a result, the group was split into three separate entities, one of which emerged as the Gund Investment LLC[12] During this phase, the company took significant steps to enhance its services and offerings. In 2017, one of its subsidiaries, TUS Solution LLC was established to provide services based on social system theory, with a focus on building resilience and competitiveness within organizations, including businesses.
In 2018, Gund Investment LLC renewed its investment policy, emphasizing sustainability and inclusivity. As part of this strategic move, the company founded Socratus Studio LLC[13] in the same year to support innovation[14] through a system-based incubation program[15] for early-stage start-up companies.
Contributing to both academia and society, Gund Investment LLC operates a NGO known as the Young Researchers Support Foundation. The foundation aims to promote the concept of social system theory and its practical application across various sectors of the economy and society.
Furthermore, the company expanded its interests into the sports industry, demonstrating its commitment to diverse investments. In 2019, Gund Investment LLC acquired the Mongolian professional basketball team, "Khuleguud." Additionally, the company has implemented stock ownership programs for employees of all its subsidiaries, starting with the National Life Insurance LLC, further fostering an inclusive and motivated workforce.
References
[edit]- ^ "Meet the Mongolia Startup Ecosystem w/ Gund Investment & More (Online)".
- ^ "Business Council of Mongolia - Our Proud Member Organisations".
- ^ "МУИС "Сократус Стартап Студио"-той инновацын бүтээгдэхүүнийг зах зээлд нэвтрүүлэхэд хамтран ажиллана". 15 October 2021.
- ^ "Монголын боловсролын салбарт шинэ хуудас нээгдэх эхлэл тавигдлаа".
- ^ Chun-Kuen Tong, Jimmy; Ming-Yeung Tse, Jason; Abraham, John Patrick; Jones, Phillip John (2021). "Correlation between simulations and measurements of an eco-house design for Mongolia". Journal of Building Engineering. 42. doi:10.1016/j.jobe.2021.102774.
- ^ "Үндсэн хуулийн үзэл баримтлалд тулгуурлан нийгмийн тогтвортой хөгжилд төр ямар үүрэгтэйг хэлэлцэнэ".
- ^ "The BCM elects new Board of Directors and appoints the Executive Committee and Working groups".
- ^ Chun-Kuen Tong, Jimmy; Ming-Yeung Tse, Jason; Abraham, John Patrick; Jones, Phillip John (2021). "Correlation between simulations and measurements of an eco-house design for Mongolia". Journal of Building Engineering. 42. doi:10.1016/j.jobe.2021.102774.
- ^ "Нэйшнл Лайф Даатгал ХХК ажилтнууддаа хувьцаа эзэмшүүллээ". 20 December 2022.
- ^ ""Багш, оюутны стартап 2022″ хөтөлбөр эхэллээ". 23 May 2022.
- ^ "MMCG: Монголын стартапын эко системийн үнэлгээ багаар тооцоход ₮424 тэрбум байна".
- ^ "Цахиурын хөндийд Монголын 8 компани гарлаа".
- ^ "INVESTUS SUMMIT 2023". 13 February 2023.
- ^ "Baseline survey of the Mongolian start-up ecosystem by JICA, MMCG" (PDF).
- ^ "Silicon Valley-based Founder Institute Launches Pre-Seed Startup Accelerator in Mongolia". 18 March 2021.
https://bloombergtv.mn/news/g1t70 https://www.pressreader.com/mongolia/the-ub-post/20210419/281732682317540 http://www.mongolianbusinessdatabase.com/base/newsdetials?id=26263 https://www.sciencedirect.com/science/article/abs/pii/S235271022100632X https://mongolia.gogo.mn/r/1y9jm https://business.mn/event/investus-summit-2023/ https://gogo.mn/r/237741?i= https://peak.mn/news/mongoliin-bolowsroliin-salbart-shine-khuudas-neegdekh-ekhlel-tawigdlaa https://ikon.mn/n/2cs3 https://news.num.edu.mn/?p=89408 https://www.bcmongolia.org/en/members-2/organizations/item/gund-investment.html https://exponential.partners/2021/03/18/silicon-valley-based-founder-institute-launches-pre-seed-startup-accelerator-in-mongolia/ https://www.amcham.mn/membership https://kimdupontmadinier.com/passive-ger https://www.startupworldcup.io/mongolia-regional https://www.jica.go.jp/Resource/mongolia/english/office/topics/gh13tc000000yef0-att/220413_01_en.pdf