Genesis
The Anil Kulwant Raii Group came into existence in early 2000 following a family settlement. The founder and patriarch of the family, Dr Kulwant Rai, and his younger son, Anil Rai separated from his older son, Vinay Rai. At that time, the Anil Kulwant Raii Group consisted of the campus at Lodhi Road which housed the Institute for Integrated Learning in Management (IILM), the IILM Undergraduate Business School and the Banyan Tree School (formerly known as Rai School). The IILM at Jaipur had just started in rented premises.