Rahul Bajaj is the grandson of Jamnalal Bajaj who formed the Bajaj group. The flagship company, Bajaj Auto has a significant market share in the two-wheelers segment of India. He was awarded the Padma Bhushan in 2001. He is an alumnus of Harvard Business School, St. Stephen`s College, Delhi, Government Law College, Mumbai and Cathedral and John Connon School. Last year, he did business settlement with his brother Shishir Bajaj. His 3 cousins, Shekhar, Madhur and Niraj assist him in controlling the Bajaj Group of companies. His two sons Rajiv & Sanjiv Bajaj are active in Bajaj Auto & Bajaj Finserv companies. His daughter, Sunaina Kejriwal, married to Manish Kejriwal who heads Temasek India. He was recently elected to the Rajya Sabha from Maharashtra, with cross party support from the BJP, Shiv Sena and NCP