Sanjay Agarwal’s Family Office Picks Up Stake In Teamwork Arts Of JLF Fame

EE News Desk Jan 29, 2024

The Family Office of Sanjay Agarwal, Founder, AU Small Finance Bank, has partnered with Teamwork Arts, producer of the renowned Jaipur Literature Festival.

Teamwork Arts produces 33 annual festivals across 72 cities in 21 countries including Australia, Canada, Egypt, France, Germany, Hong Kong, Italy, Israel, Korea, Singapore, South Africa, Spain, UK, USA.

Sanjoy K. Roy, Co-founder of Teamwork Arts, and his colleagues bring together a seasoned team excelling in creativity and in curating immersive experiences that intersect knowledge, literature and the arts and innovation. Sanjay Agarwal and his family office bring their financial heft and understanding to help grow the existing Teamwork Arts brands and create new opportunities and platforms for excellence in arts. Collectively, the two organisations have joined hands to envisage and create value for the arts in India and abroad.

This year, Teamwork Arts brings to the city of Jaipur the grand literary extravaganza, the Samsung Galaxy Tab S9 Series Jaipur Literature Festival, which will see over 550 writers, speakers, and performers, representing 16 Indian and eight international languages. The Indian languages include Assamese, Awadhi, Bengali, Hindi, Kannada, Kashmiri, Kurukh, Malayalam, Odia, Punjabi, Rajasthani, Sanskrit, Tamil, Toda, Urdu, and the Banjara language – Lamani (Lambada). In its 2023 edition, the iconic festival reached out to 250 million people.

Agarwal, a Jaipur native and banker, understands the power of ideas. Taking tradition forward, his family office, known for fostering art, culture, and sports, is proud to preserve the legacy of Jaipur Literature Festival, and other literary festivals and their cultural significance. Marking a significant association between banking and culture, he sees a deeper and meaningful connection by being an integral part of Teamwork Arts. This bears upon itself the responsibility to craft a platform for ‘Freedom of Expression’, where knowledge, innovation, and creativity thrive. His commitment to Jaipur's cultural ecosystem is reflected in initiatives like ‘AU Jaipur Marathon’, ‘AU Jairangam’ and ‘Ibaadat’ programmes etc.

Sanjay Agarwal, Founder, MD & CEO, AU Small Finance Bank said, “My association with Sanjoy K. Roy and Teamwork Arts will be instrumental in various experiential and intellectual events hosted across the world. We look forward to weaving new chapters into the rich tapestry of literary events, creating a space where ideas flourish, voices resonate, and the cultural spirit of the nation finds global relevance resonance. It is a profound and joint responsibility to not only preserve the cultural legacy but also elevate it to new heights. I am both honoured and thrilled to embark on this incredible journey with Teamwork Arts, the Samsung Galaxy Tab S9 Series Jaipur Literature Festival being the maiden event.”

Speaking at the occasion, Jyoti Agarwal said, “Both Sanjay and I believe in the power of culture to bind and propel societies and consider it our duty to support initiatives in this space. The Jaipur Literature Festival has been an iconic initiative and is especially dear to us given its Jaipur roots. We have long admired the great work being done by Teamwork Arts and feel humbled and honoured to be part of its even more purposeful, future journey. Sanjay and I see an immense potential in Teamwork Arts to help build a better society, fuelled by culture, art, dialogue, and a never-satisfying hunger for knowledge.”

Supporting the vision, Sanjoy K Roy, Managing Director, Teamwork Arts’ said, “We are delighted to join hands with the Sanjay Agarwal Family Office and see this as a way to continue to create value for the arts and to take forward the responsibility of creating diverse platforms for artistic expression where knowledge, innovation, and creativity come hand in hand.”