The product marketing and sales industry never remain the same. The strategies adopted by different businesses change over time with varying consumer needs. This change in strategies is a must if a business wishes to stay on trend for a long period.
The underlying principle for this is that people get bored with existing products and crave something new. Ask yourself, would you want to purchase the same type of product for ten years? No, right? Well, it is basic human nature and there is no denying that.
Dropshipping businesses have been on the rise in recent years. According to research conducted by various organizations, the market is projected to grow at a rate of 25-28% between 2019 and 2025. For those of you who are not familiar with what dropshipping is, letâs look at it in detail.
A dropshipping business works by purchasing products from a third party and selling them to consumers. These businesses have their own advantages:
The startup does not require high investment costs as the company does not need to maintain stocks all the time.
A single business can deal in a variety of products without any constraints.
The profits are high due to fewer people involved in the supply chain.
The customers get to enjoy a variety of products at reasonable prices.
As specified earlier, starting a dropshipping business can be very easy. You will not have to maintain an inventory and can pay the supplier when you get paid. But wait, wouldnât it be confusing for you to choose the products which your business will deal with? Donât have one? Donât worry, you can start it easily and gradually work your way up to attain success.
Given here is a list of some of the most innovative and intriguing dropshipping business ideas. Dropshipping has not only enhanced the quality of products but has revolutionized the industry from a consumer’s perspective.
Personalized Crafts
Personalized Crafts
Personalization of products has become the new trend among customers, and almost everyone is craving it. Even big companies like Apple are offering engravings on their devices. This is an indication of how well this trend has been going on. You can opt for a variety of personalized products including:
Personalized necklaces and bracelets.
Keychains
Wall dĂŠcor
Device accessories
Notebooks and pens
Wooden Accessories and Decor
Wooden Accessories and Decor
People are now looking for sustainable and environment-friendly products. A lot of companies are trying to switch from plastic to other eco-friendly substitutes. Wooden accessories and dĂŠcor can include a large variety of products:
Stationary enthusiasts are loving the products available on the market. From aesthetically pleasing colours to cute little cartoon designs. Wouldnât it be even better if they can get stationary customized by themselves? Yes, of course. These may include:
Notebooks and covers
Pouches
Cartoon inspired pens and pencils
Note pads
Sticky notes in different shapes.
Makeup Organizers
Makeup Organizer
A lot of youtube ASMR and relaxing videos show a user arranging their makeup products. This not only seems relaxing but intrigues makeup enthusiasts for doing the same for their makeup supplies. These may include:
Silicon organizers for makeup brushes
Glass trays for eyeshadow palettes
Mirror trays for foundations
Pearl filled glass jars for brushes
Aesthetic Lamps
Aesthetic Lamps
Beautiful lamps can change the overall appearance of a room with different coloured lights. A lot of them may also have projectors that project beautiful images onto ceilings. A lot of people use them as light sources as they are afraid of total darkness at night. Some of these best lamps can be:
Moon lamps
Night sky projector lamp
Open book lamp
Led projector lamps
Organic Facial Oils
Skincare has now become the first choice of everyone and there is no denying that. From face serums to skin treatments, people are following 7-10 step skincare routines. A large proportion of consumers wish to have organic products rather than harsh chemicals. You can start your business in organic facial oils like:
Tea tree oil
Rosehip oil
Vit c serum
Coconut oil
Kitchen Tools in Pastel Colours
Kitchen Tools in Pastel Colours
The colour choices of consumers are now changing from all black to all pastels. And kitchen tools are maintaining their position in the race, as they are available in a variety of colours. You can start selling small kitchen accessories in pastel colours that are desired by everyone.
Ladles and tongs
Storage boxes
Spice racks
Label makers
Citrus juicers
Conclusion
Starting a dropshipping business, especially in one of the above-mentioned products can be very fruitful. These products are in high demand among consumers and will help you gain profits with higher margins. You may include one or even multiple products from the different products mentioned in this article. Good luck with your business initiative.
FAQs
What is the most profitable dropshipping business?
The most profitable dropshipping businesses are Health and personal care, Wardrobe and accessories, Home and bedroom and Office products.
Who are some successful dropshippers?
Tze Hing Chan, Cole Turner, Andreas Koenig & Alexander Pecka, and Sarah & Audrey are some of the successful dropshippers.
Who is the richest dropshipper?
Irwin Dominguez is one of the richest dropshipper, he made nearly $1,000,000 in just 8 months from dropshipping.
The top ranking executive of a company is called as CEO (chief executive officer). They have so many responsibilities. It includes making important decisions of the company, management of all operations of the company, management of the resources of the company, etc. The public face of a company is CEO.
There is a common thread that connects the famous multi-billion dollar companies. The current CEOs of these companies are mostly from south Asian countries, mainly from India. South Asians secured the most number of C-level leadership positions in the tech industry. Many of these south Asians are born and raised in their home countries before moving to the Western countries.
The Indians are playing an important role in changing the way of technology works. The world’s two largest technology companies are headed by Indian origin CEO’s. We can add more names to the list. Being a leader in the most important companies in the world and playing an important role in growth are not an easy task.
In large companies, CEOs generally manage only the highest level of strategic decisions, which affect the overall growth of the company. In small businesses, CEOs  are often involved in daily operations. If you think that some of the best CEO’s  in the world are international, you will be surprised to hear so many names from India.
Sundar Pichai
CEO: Google
Sundar Pichai – CEO of Google
Sundar Pichai is the CEO of Google. He was born in Tamil Nadu, India on 10 June, 1972. He took a degree in metallurgical engineering from IIT Kharagpur. After that, he moved to US. He completed his MS in material sciences and engineering from Stanford University and he attained his MBA from Wharton University.
He was awarded the titles named âSiebel scholar and Palmer scholar” from there. On August 10, 2015, Sundar Pichai was selected as CEO of Google. He played an important role in the development and launch of the Google Chrome web browser. He was the product head for projects related to Google drive, Google map, and Android. That helped him to grow in his career.
Satya Nadella
CEO: Microsoft
Satya Nadella – CEO of Microsoft
Satya Nadella is the CEO of Microsoft. He was born in Hyderabad, India on 12 August 1967. Hewas selected as CEO of Microsoft on February 4, 2014.He completed his degree in electronics and communication engineering from the Manipal institute of technology. He completed his master’s degree in Computer Science from the University of Wisconsin, Milwaukee.
He attained his MBA from the University of Chicago. After that, he worked as a technology staff at a company named “Sun Microsystems”. In 1992, he joined the Microsoft. Satya Nadella headed in some major projects at Microsoft, which including cloud computing and developing one of the world’s largest cloud cluster infrastructure.
Shantanu Narayen is the CEO of Adobe systems. He was born in Hyderabad, India on 1963. He took his degree in electronics and communication engineering from University College of Engineering, Osmania University. After that he completed his MBA from Haas School of business, University of California.
He earned his master’s degree in computer science from Bowling green state university, Ohio. His career started at Apple. After that, he worked in Silicon graphics. He co-founded a digital photo sharing company named “Pictra”. In 1998, he joined the Adobe Systems. He promoted as CEO of the company, in 2007. Also, he got the Padma Shri award in 2019.
George Kurian
CEO: NetApp
George Kurian – CEO of NetApp
George Kurian is the president and CEO of NetApp. It is a storage and data management company. He was born in Kerala, India. He completed his engineering from IIT Madras. He attained bachelors of Science degree in electrical engineering from Princeton University and earned MBA from Stanford University.
He started his career at Oracle in 1996. Later, he promoted as the senior vice president of Oracle’s server technologies. Also he served as vice president of Application Networking and Switching Technology Group at Cisco Systems. In 2011, he joined the Netapp. He became the CEO of the company in June 2015.
Nikesh Arora
CEO: Palo Alto Networks
Nikesh Arora – CEO of Palo Alto Networks
Nikesh Arora is the CEO of Palo Alto Networks. He was born in Uttar Pradesh, India on 9 February 1968. He completed his degree in Electrical engineering from IIT Varanasi. After that, he completed his MBA from Northeastern University. Also he earned a master’s degree in finance from Boston College.
He worked at Google. Also, he served as a president of a company named SoftBank Group. He resigned from there on 21 June 2016. In June 2018, he joined the Palo Alto Networks. Presently, he serves as the chairman and CEO of the company.
Rajeev Suri is the ex-CEO of Nokia. He was born in New Delhi, India on 10 October 1967. He has Singapore citizenship. He completed his degree in Electronics and Communications Engineering from Manipal Institute of Technology, India. He served for multi-national companies in Nigeria and India. In 1995, he joined the Nokia. He played an important role in transformation of the company. He became the CEO of the company on 29 April 2014.
Dr. Sara Saeed Khurram
CEO: Sehat Kahani
Dr. Sara Saeed Khurram – CEO and Co-founder of Sehat Kahani
Dr. Sara Saeed Khurram is CEO and co-founder of the company named “Sehat Kahani”. The services of the company focus on health awareness, primary health care consultation, and health counselling. She was born in Karachi, Pakistan. She completed her MBBS in 2010 from DOW University of Health Sciences.
Later, she earned a master’s degree in Health Policy and Management from The Aga Khan University of Health Sciences. She is the first women in Pakistan to win the Rolex award.
Raj Fernando
CEO: Workstorm.com
Raj Fernando – CEO and Chairman of Workstorm.com
Raj Fernando is the CEO and Chairman of Workstorm.com. He is a Sri Lankan descent American businessman. He was born on 8 July 1971. He completed his bachelorâs degree in economics and history from Beloit College. He found a company named âChopper Tradingâ in 2002 and he became CEO of the company.
Fernando’s contributions helped the company to become one of the main participants on worldâs largest global exchanges. But in 2015, he sold the company. He launched an internet startup named âWorkstorm.comâ in 2016. Now he serves as the CEO of the company.
The South Asian cultures encourage debate, communication, and argumentation. Also, the mainstream American culture encourages assertive communication too. According to a study by MIT, South Asians are more likely to achieve leadership roles in American organizations. The research focused on the three key aspects of prejudice, motivation, and assertiveness.
The research proposed that the cultural differences around assertiveness and the willingness to engage in the debate may be strong contributing factors in what resonates with American company leadership expectations.
This is a good trait that is seen in South Asian peoples. Because of this type of trait and culture, there is a high chance of people from Asia succeeding in leadership roles. We can expect more such leaders to take up leadership positions in big multi-national organizations.
These CEOs are not from the same background. It includes from poverty to the middle class. Most of them were born and raised in different places. They left the home countries to attain higher education in other countries, yet they all have the same instincts, values and traits. Anyway, climbing the ladder of success is not an easy task. So, this completes our list of top Asian CEOs of Fortune 500 companies.
FAQ
How many Fortune 500 companies have Indians as there CEOs?
38 CEOs of Fortune 500 Companies are Indians.
What is the number of Asian American CEOs in the fortune 500 companies?
5.6% of total CEOs in fortune 500 Companies are found to be Asian American.
Who is the first female CEO of a Fortune 500 company?
Katharine Graham is the first female CEO of a Fortune 500 company.
Which is Number 1 in the Fortune 500?
Walmart is ranked no. 1 in Fortune 500 Companies.
What is the number of Asian Americans in professional workforce?
Asian Americans made up about 13% of the professional workforce.
Our India stands as the second-largest population in the world with a rapidly thriving economy over the past few decades. Before India’s Independence, agriculture played a vital role in developing the economy.
Following the 21st century, we have witnessed numerous entrepreneurs arising in every corner of India with a motive to bring a prosperous future for Indians.
Conscientiously, India became the third-largest in terms of real Gross Domestic Product (GDP) after the United States of America and China. Because of this fact, our entrepreneurs are the sole reason for the success of the Indian Economy, which stated that over 58.5 million entrepreneurs are there in India, of which nearly 13% are women.
Without any background or experience, some self-made business people took the determination to create a miracle in burgeoning the economy and ultimately becoming the richest entrepreneur at a very young age.
Net Worth – $1.5 Billion Founded – Zerodha Education – Graduation in engineering
Nithin Kamath – Youngest Billionaire in India
With an aim of breaking all barriers which are faced by investors and traders in India regarding cost, technology and support. Nithin Kamath, a Chartered Accountant (CA) took part in building a hassle-free online discount brokerage firm- Zerodha. He is the Founder as well as the CEO of Zerodha. He is mostly known for tweeting educational and informative content on social media.
Ultimately, the company became India’s first discount brokerage firm, after it was founded in the year 2010. As of 2021, Zerodha is said to have over 5 million active clients. The net worth of Nithin Kamath is INR 14500 Crores.
Nikhil Kamath
Net Worth – $1.5 Billion Founded – Zerodha Education – School Dropout
Nikhil Kamath – Youngest Billionaire in India
Nikhil Kamath is the Co-founder of Indiaâs biggest trading platform, Zerodha. Although he dropped out of his school at a young age, he hustled and secures a job in a call centre, when he was just 17. Nikhil Kamath, after getting into trading along with his brother founded Zerodha. When he got into stock markets, he decided to start trading.
Zerodha solves all the problems and barriers faced by traders and investors. The current net worth of Nikhil Kamath is INR 11100. Zerodha was founded by Nikhil Kamath and his brother in the year 2010. He is one of the richest self-made billionaires in India at the age of 40.
Divyank Turakhia
Net Worth – $1.76 Billion Founded – Media.net Education – Graduated from Narsee Monjee College of Commerce and Economics
Divyank Turakhia – self made Billionaires in India
Divyank Turakhia being tech-savvy, began his career in coding at the age of 8 and mastered every aspect of computer programming. He was born on 29th January 1982 and did his schooling at Arya Vidya Mandir in Bandra and holds a degree in the field of Commerce and Economics from Narsee Monjee College in Mumbai. He founded media.net and later sold it to Chinese consortium for $900 million.
According to IIFA Wealth, He is the second richest self-made entrepreneur under 40, and his net worth is estimated to be 12,500 crores.
Ankit Bhati
Net Worth – $615 Million Founded – Ola Education – Â IIT Bombay
Ankit Bhati – Youngest billionaire in India
Ankit Bhati is the Co-founder and was the former CTO of one of India’s most popular and used ridesharing Ola Cabs. Ola Cabs was founded in the year 2010. . Recently, Ankit Bhati has launched a new SaaS startup named Amnic. The net worth of Ankit Bhati is INR 1600 Crores. With the increasing demand for ridesharing systems, Ola Cabs are one of the two ridesharing companies that are dominating the Indian market.
Bhavish Agarwal
Net Worth – $990 Million Founded – Ola Education – IIT Bombay
Bhavish Agarwal – Youngest billionaire in India
In recent times, Ola resulted in a turning point in the development of the Indian economy, where people encountered comfortable rental transport at an affordable rate. Bhavish Aggarwal commenced their idea of innovating technology-based cab services in India and started Ola and became one of the richest entrepreneurs with a net worth of close to INR 7500 Crores.
Net Worth – $1.3 Billion Founded – Paytm Education – Bachelor of Engineering from Delhi College of Engineering
Vijay Shekhar Sharma – Youngest billionaire in India
Vijay Shekhar Sharma is one of those Indian billionaire businessmen who achieved many things at such a young age. He is none other than the founder and chief executive officer of the financial technology firm, Paytm. He sold the website that he created while in college, named indiasite.net for $1 million.
He then started One97 Communications where they provided people with exam results, cricket scores, ringtones and jokes. In 2010 it became the parent organization of Paytm. In 2017, Forbes ranked him as India’s youngest billionaire and in the same year, he was headlined in Time Magazine’s World’s 100 Most Influential People 2017 List.
Berkshire Hathaway’s Warren Buffet subsidized $300 million in the business in 2018. And again in 2020, Forbes featured him as the 62nd richest person in India and his net worth is $2.3 billion.
Binny Bansal
Net Worth – $1.3 Billion Founded – Flipkart Education – Graduate from IIT Delhi
Binny Bansal – Self-made Billionaires in India
Binny Bansal is the founder of the e-commerce platform named Flipkart. He co-founded Flipkart in 2007 and now he has become one of the biggest names in the Indian e-commerce industry. At first, Binny Bansal worked at Sarnoff Corporation, Binny Bansal completed his degree in computer engineering from IIT Delhi. He was the former CEO of Flipkart.
Flipkart was launched in 2007, at first it was more like a small book store, then it become an e-commerce platform. In 2018, Walmart acquired Flipkart. Today the valuation of Flipkart is around $37.8 billion.
Sachin Bansal
Net Worth – $1.3 Billion Founded – Flipkart Education – Graduate from IIT Delhi
Sachin Bansal – Self-made Billionaires in India
Sachin Bansal is an Indian entrepreneur who co-founded one of the most popular Indian e-commerce platforms Flipkart. Flipkart is an e-commerce company that is famous for selling consumer electronics, fashion, groceries and lifestyle-related products. Flipkart was acquired by Walmart in 2018. Sachin Bansal got his degree in Computer Engineering after attending IIT Delhi and founded Flipkart along with Binny Bansal. The net worth of Sachin Bansal is INR 8848 Cores.
Ritesh Agarwal
Net Worth – $1.1 Billion Founded – Oyo Rooms Education – College Dropout
Ritesh Agarwal – Youngest Billionaire in India
This 27-year-old Ritesh Agarwal is one the youngest billionaire in 2021 in India. He is the Founder and CEO of OYO Rooms. He commenced OYO Rooms as a small lodging portal under budget.
In 2012, it was added to the accelerator program by Venture Nursery. In 2013, it won $100,000 in the Thiel Fellowship program and in 2013, he launched OYO Rooms. The company was a success and the stakes tripled when Agarwal purchased $2 billion worth shares in the company.
He is named in the Forbes 30 under 30 list for Asia and also is nominated for the Business World Young Entrepreneur Award. As per reports, Ritesh Agarwal’s net worth is around $1.1 billion.
Net Worth – $650 Million Founded – Zomato Education – Graduate from Indian Institute of Technology, Delhi
Deepinder Goyal – Self made Billionaire in India
Deepinder Goyal is the founder of Zomato, which delivers food from restaurants to every corner of the city. Foodiebay was the name of the firm when they initially started, that is in 2008 and later in 2010, they renamed the company Zomato when the company gained popularity among the people.
It also acquired Cibando, Gastronauci, Polandâs restaurant search assistance in 2014, and Seattle founded Urbanspoon, it turned out to be their massive gain. As per the report, Deepinder Goyal’s current net worth is around Rs 2,200 crore.
Conclusion
Our entrepreneurs are the sole reason for the success of the Indian Economy. Many fresh talents are rising from the corners of the country and are giving a hand in creating a prosperous. As of 2021, there are many such successful entrepreneurs, here we have just mentioned a few.
FAQs
Who is the youngest self-made billionaire in India?
Nikhil Kamath, the co-founder of Zerodha is India’s youngest billionaire at the age of 34.
Who is the youngest self made billionaire entrepreneur in the world?
Austin Russell founder of Luminar Technologies is the world’s youngest self-made billionaire.
Who is India’s youngest millionaire entrepreneur?
Sunil Butolia is India’s youngest millionaire at the age of 18.
Who are self made entrepreneurs?
Self made entrepreneurs are the people who have started with a lack of money, education, or social status and have become both rich and successful through their own efforts. Â
Who is the world’s youngest billionaire?
The world’s youngest billionaire is German heir Kevin David Lehmann, who is just 19.
How many Indian billionaires are there now?
Currently, there are 215+ Indian billionaires, with 58 new additions, as of March 2022.
Africa is known to be the richest and most diversified culture globally. The Economy of Africa consists of trade, Community, Industry, and Human Resources, which has a diverse economic growth that turns to potential growth for Africa. With the help of great Business Tycoons, Africa has immensely seen a significant increase in all Industries.
As Said, “with time, everything will come ” Africa has seen potential growth with all the Richest Entrepreneur in the region. Who makes all the massive changes to make the economy rich? Now let us see the top 15 Richest People in Africa one by one.
Chairman and CEO: Dangote Group Net Worth: $1,400 Crores
Aliko Dangote | Richest People in Africa
Aliko Dangote has proven to be one of the Richest People in Africa. He is known to be chairman and CEO of Dangote Group. Kicking off the journey as a Normal Trader in the Food and sugar Industry to achieve Milestones, he is known to be the best Business Tycoon in Africa. The young youth of Africa has followed the leadership quality that Aliko maintains.
Aliko Dangote net worth
Also, he has consecutively maintained his richest billionaires position for the last eleven years. He also involved himself in the sugar, salt, fertilizers, and food industries. Aliko Dangote’s net worth is 1,400 crores USD.
Johann Rupert
Chairman: The Swiss Based Luxury Goods and commodities Net Worth: $960 Crores
Johann Rupert | Richest People in Africa
Johann Rupert is the chairman of The Swiss Based Luxury Goods and commodities. Being a part of such luxury Goods and being taken to the next level, he has improved the power of commodities. Richemont produces and sells jewelry, watches, leather goods, pens, firearms, clothing, and accessories through its various subsidiaries.
Johann Rupert’s Net Worth
Making the kind of products and making them available to all the Brands, He has successfully achieved a position in the market. Also, today he is known to be the second Richest person In Africa.
Being the king of luxury goods, he has captured great success in the market with a net worth of 960 crores USD. Soul of 3 children, he has supportively made himself the best family man.
Nickey Oppenheimer
Ex-Chairman: De Beers Net Worth: $870 Crores
Nickey Oppenheimer | Richest People in Africa
Coming towards the 3 richest people in Africa. “Success is best when it’s shared.” So well said, by someone, the story of success is only known by the person who has achieved success in their life, introducing one of the best people in Africa known for the best in Diamond Jewish in Africa “Nickey Oppenheimer.”
Believing consistency is very much crucial for one being. Oppenheimer family has directed much of its outstanding efforts toward the heritage culture of the southern African Region. Hence, being rich is not enough if you don’t have such down towards nature for your region.
Nicky Oppenheimer’s Net Worth
He has a net worth of 870 crores USD (2022), contributing to the GDP. Also, he has been awarded renowned awards that the people have way appreciated.
Moving toward the 4th richest person who kicked off his career in the native place of Swaziland, the first fortune where he launched a corn mining business. With the increasing year, he expanded it into the wholesale Food Distribution apartheid, South Africa, supermarkets, and commercial property development.
Introducing Natie Kirsh, well known as a “Swazi Billionaire businessman,” heads the Kirsh group and holds a majority stake in New York State. Not only in Africa, but he has also greatly empowered other countries.
Natie Kirsh’s Net Worth
Being a native of Swaziland, and we know the poverty rate of Swazi is 69.2 percent, he contributed affordable loans and training to the Swazi women. With current Forbes, his Net worth is 540 crores USD (2022).
Nassef Sawiris
Net Worth: $820 Crores
Nassef Sawiris | Richest People in Africa
Next richest personin Africa is Nassef Sawiris.
He is known to be a dedicated person when it comes to working; also, he was known as an Egyptian billionaire businessman. The latter involved himself in the business of Fertilizers to the sports section with one of the prominent brands, Adidas; he has successfully skillfully captured the market. Apart from that, he also has stakes in the most significant cement Industry.
Nassef Sawiris’s Net Worth 2022
Not only this, the Sawiris family was involved in other sectors like telecommunications, construction, tourism industries, and Technologies. Sawiris’s family believes in the patriarchal system; with such a kind heart nature and regional belongings, the total net worth stands out to be 820 Crores USD.
Abdul Samad Rabiu
Founder: BUA Group Net Worth: $680 Crores
Abdul Samad Rabiu | Richest People in Africa
Abdul Samad Rabiu is also a Nigerian billionaire businessman and philanthropist; he is the founder of the BUA group, which is mainly into manufacturing, industries, and agriculture.
Abdul is more towards the nation’s worth, which means he is involved in the agricultural sector, and he also has a good equity share in the market, making him the richest man in Nigeria in 2021.
Abdul Samad Rabiu’s net worth
Abdul started his career as a Commodity Trader, and to achieve the milestone, he kept investing in the Economic of Nigeria. Currently, the net worth of this Great Entrepnure is 680 Crores USD.
Mike Adenuga
Founder: Globacom Limited Net Worth: $730 Crores
Mike Adenuga | Richest People in Africa
Coming next, Mike Adenuga is the seventh most prosperous Nigerian billionaires Businessman. He has the second largest Telecom operator presence in Ghana, and Benin also takes significant shares in the Equatorial Trust bank and oil exploration Firms.
His parents are from a very decent background as his father was a teacher while his mother was a businesswoman. At 26, Mike made his first million by selling lace and soft drinks. Mike also worked as a taxi driver to cover his university education funds.
Mike Adenuga’s Net Worth 2022
Currently, he has a net worth of 730 Crores USD with great success in the telecom sector.
CEO: Cevital Industrial Group Net Worth: $510 Crores
Issad Rebrab | Richest People in Africa
He is known as the founder and CEO of cevital Algerian billionaire businessman. He also started his career as a teacher, but not for a long time. Around 1955 his central installation was destroyed. Due to a terrorist attack after that, he opens his firm into steel and metal sider. Due to some corruption probe, he was supervised incarcerated at the prison but later on, he was released.
Issad Rebrab’s net worth
Metal sider is one of the biggest agricultural Businesses, which later became the largest Private Algerian company with 510 Crores USD.
Naguib Sawiris
CEO: Orascom Telecom Media & Technology Net Worth: $340 Crores
Naguib Sawiris | Richest People in Africa
As we know, the demand for the telecom sector, Sawiris built the railway Telecom sector and information and technology sector for the nation’s potential growth. NAGUIB also holds a majority stake in the pan European Television Channel, and currently, he is the CEO of Orascom Telecom Media & Technology.
Naguib Sawiris’s net worth
He is the ninth richest person in Africa, with a net worth of 340 crores USD. He is known as the Egyptian Billionaires Businessman and Chairman of weather Investment.
Patrice Motsepe
Ex-President: Confederation of African Football Net Worth: $350 Crores
Patrice Motsepe | Richest People in Africa
Patrice Motsepe has been the South African Mining Billionaire since 2021. He has been serving as the president of the confederation of African Football, also known as president of the confederation of African Football. In 1994 he served to be the first black partner in the law firm, and the same year Patrice was elected as the country’s first black president.
In 1977 he thought to keep investing and get involved in Gold Mining as gold was low; he purchased the marginal gold mines from Anglogold under favorable finance terms.
Patrice Motsepe’s net worth in 2022
He has been awarded many good awards as he has a keen interest in the sports section; currently, he has a net worth of 350 crores USD (2022)
Koos Bekker
CEO: Naspers Net Worth: $230 Crores
Koos Bekker | Richest People in Africa
Koos Bekker is the CEO of Naspers, a typical businessman involved in the capital market and stock exchange. Naspers operates in 130 countries and is listed on the London Stock Exchange. It has the largest market capitalization of any media outside us china and India.
Eventually, he started his career with pay television services, and with a couple of milestones, he firmed the sister companies, eventually expanding to 48 countries across Africa.
Koos Bekker net worth
If we talk about Forbes list, Bekker is listed as the wealthiest person. Also, he has been involved in the stock exchange’s tremendous success, which has immense he made a net worth of 230 crores USD.
Keep the facts that he has a keen interest in the mobile industry. Also, with the help of the stock exchange, he earned a lot.
Youssef Mansour
Owner: Mansour Group Net Worth: $150 crores
Youssef Mansour – Richest People in Africa
He is known as the Egyptian Businessman, owner of the Mansour Group is currently the largest distributor of the General Motors vehicle in Egypte. Handling the business into a diversified field is also immensely, taking the family business to great heights with many achievements.
Youssef Mansour’s net worth
If we talk about the net worth, which is 150 crores USD.
Mohammed Dewji
CEO: METL Net Worth: $150 Crores
Mohammed Dewji – Richest People in Africa
He is known for being the CEO of METL, a Tanzanian conglomerate founded by his father. METL deals with diverse fields of textile manufacturing, flour milling beverages, and edible oils in different regions.
Moreover, METL is operated in six different African countries and has a great vision to expand to several other regions.
Mohammed Dewji’s net worth
Being struggled, Kidnapped, and seen up and down in the business, he never stopped himself to achieve success, and the total net worth of this young entrepreneur is 150 crores USD.
Othman Benjelloun
CEO: BMCE Bank of Africa Net Worth: $140 Crores
Othman Benjelloun – Richest People in Africa
He is the CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries.
Talking about the shares he holds in the share of company finance.com also, he has a stake in the Moroccan arm of French telecom firm Orange.
Othman Benjelloun’s net worth
He has a net worth of 140 crores USD.
Michiel Le Roux
Founder: Capitec Bank Net Worth: $190 Crores
Michiel Le Roux – Richest People in Africa
Being involved in the capital market and stock exchange, he is known to be the founder of Capitec Bank in 2001 and owns about an 11% stake. Moreover, he is known as the chairman of the board of Capitec.
Michiel Le Roux’s net worth
The hands for making this big success is because of the capitec bank. Currently, he owns a net worth of 190 crores USD.
Conclusion
Making things and achieving a great note of success is unbelievable; the great Entrepreneurs of Forbes have made an apparent success for the country. Of course, eventually, things will take time, but the level of dedication that this great gentleman has put to making the nation renowned is way appreciable.
It is well said that “good things take time” the culture that African Religion follows is of harmony, tradition, practices, rites, music, and other literature that builds the economy. They believe together, which is a significant result for success.
The great entrepreneurs are well known for their unique identity, which makes a massive difference to everyone as that is how they are making it up to other people. They are the true inspiration for the young generation, and some fellow people follow in the footsteps of these famed Entrepreneurs.
FAQs
Who are the top 10 billionaires in Africa?
Top 10 billionaires in Africa are:
Aliko Dangote
Johann Rupert
Nickey Oppenheimer
Nassef Sawiris
Abdul Samad Rabiu
Mike Adenuga
Issad Rebrab
Naguib Sawiris
Patrice Motsepe
Koos Bekker
Who holds the first position of the African’s richest person?
Aliko Dangote is the richest man in Africa since 11 years.
What is the national currency in South Africa?
The South African rand (ZAR) is the national currency of the country of South Africa.
Mahindra Group is one of the most well-known Indian conglomerate company that has its headquarters based in Mumbai, Maharashtra. The company originally called as Muhammad and Mahindra and was established in 1945 by the brothers J.C Mahindra, K.C Mahindra and Malik Ghulam Muhammad. The conglomerate is considered to be one of the well-known reputable Indian industrial company and is also a leader in manufacturing utility vehicles including tractors in India.
The company enjoys a strong presence in sectors of real estate, agribusiness, aerospace, commercial vehicles, logistics, real estate, renewable energy, etc. Mahindra employees more than 2,40,000 people across 100 different countries.
Mahindra group started its operation in the steel business, but has now expanded to 22 industries such as aerospace, agribusiness, aftermarket, automotive, construction equipment, defence, energy, farm equipment, finance, insurance, industrial equipment, information technology, leisure, logistics, retail, education, hospitality, etc in 2020.
The CEO of Mahindra group is Anand Mahindra. The Mahindra Group has a $20.7 billion dollar federation of companies that aims in enabling people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities around the world.
The vision of the company is to empower enterprise everywhere and help in the growth of mobility, rural prosperity, IT, financial services, clean energy and business productivity.
In India, the company is very popular for their innovative IT solutions and reliable yet affordable automobiles. The company is so far successful because of its subsidiaries such as Club Mahindra Holidays, Mahindra Aerospace, Mahindra, Logistics Limited, Mahindra Lifespace Developers, Mahindra Electric Mobility Limited, Tech Mahindra, Mahindra & Mahindra Financial Services Limited and Mahindra & Mahindra Limited among others.
Mahindra Group started out as steel trading company more than seven decades ago, now it is a global brand spanning in various industries in more than 100 countries. Earlier known as Muhammad and Mahindra, the company was established in 1945 as a steel trading company by the brothers J.C Mahindra and Kailash Chandra Mahindra and Malik Ghulam Muhammad.
Post the partition of India in 1947, Malik Ghulam left the company and the country to immigrate to Pakistan where he became the first finance minister. This is why K.C Mahindra changed the name of the company to Mahindra & Mahindra in 1948. The company became a leader in the steel industry as also began trading steel with UK suppliers. It also was the company that began manufacturing Willys Jeeps in India in 1947.
It wasnât until 1956, that the company got listed on Bombay stock exchange, by 1969 the company had entered international markets as an exporter of utility vehicles. Mahindra started its tractor division in 1982 and a tech division (now known as Tech Mahindra) in 1986. When Mahindra group became really big and got into many sectors in 1994, the company had to reorganize, dividing it into six business units like automotive , farm equipment, infrastructure, trade and financial services, IT and Automotive components.
Mahindra & Mahindra is currently one of the largest companies in India, as it was also ranked the top 200 most reputable companies in the world by Forbes in 2009. The Mahindra group then went on launch Mahindra rise a new corporate brand in 2011, in order to unite the companyâs image across all industries and countries. Mahindra group entered the two wheeler market by taking over Kinetic motors in India.
In 2011, Mahindra brought a huge stake in the REVA Electric Car Company, the same year the company also acquired SsangYong Motors which is a South Korean company. From then onwards, the company started acquiring international companies like Peugeot Motorcycles and even Pininfarina Spa (an Italian car designer), Hisarlar (a farm equipment company), Erkunt tractors Sanayi (Turkish tractor maker), among others. This is how the Indian conglomerate paved its way to become a global powerhouse.
The history of Mahindra group
List of Mahindra Group Subsidiaries
Here are listed all the Mahindra Group Companies.
Mahindra & Mahindra Limited
Founded: 1945
Mahindra Group Limited
It is the flagship company of Mahindra group which is also a multinational automotive manufacturing corporation. Mahindra and Mahindra Ltd. is headquartered in Mumbai, Maharashtra and has more than 17,577 employees from over 100 countries across the globe. It is also one of the largest manufacturers of vehicles in India and the largest manufactures of tractors in the world.
Mahindra & Mahindra popular cars
Mahindra is known for its commercial vehicles, tractors, two wheelers and even construction equipment. In 2018, the company was ranked 17th in the top companies list in India by Fortune India 500. This company was started by K.C Mahindra after he was inspired by a jeep invented by Barney Roos, which he saw during a trip to America as Chairman of the India Supple Mission. The main competitors of Mahindra and Mahindra in India are:
The company has been so successful because of its subsidiaries which manufacture and market a wide range of utility vehicles. Mahindra & Mahindra also provides farm equipment services, steel trading, processing services, financial services, infrastructure development, hospitality services, information technology services, systech among numerous others.
Mahindra Finance is one the top tractor financers in the country as it provides various different financial products to its customers. The company so far has over 4.7 million customers and more than 1200 offices which is spread all across the country.
Mahindra Finance started its first branch in Jaipur in 1995 and began financing non Mahindra vehicles in 2002 and then went on to finance commercial vehicles and construction equipment in 2009.
The vision of Mahindra finance is to provide financial services in semi urban and rural India, as well as transform rural lives and drive positive change in the communities. This is why the company has one branch within the reach of every two villages in India.
The product portfolio of Mahindra finance includes vehicle finance for passenger vehicles, utility vehicles, tractors, commercial vehicles, construction equipmentâs, etc.
It also provides SME finance which includes project finance, equipment finance, working capital finance. Mahindra finance is also known for its mutual fund distribution, fixed deposits and personal loans that are tailored as per the customerâs needs. So far the company has over 33,000 employees and is present in all the states of India, with a footprint in 85% of its districts.
Mahindra Finance has brought about a positive change by using its subsidiaries like Mahindra Insurance Brokers Limited and Mahindra Rural Housing Finance to cater to the financial needs of millions of its customers in both rural and semi urban regions of the country. The company has a connection with its customers as, it provides them with evolving needs.
Tech Mahindra is an Indian tech company which is also one of the main subsidiary of Mahindra group, headquartered in Pune, Maharashtra. The company provides services like Information Technology (IT) and Business Process Outsourcing (BPO). The annual revenue of Tech Mahindra in 2020 was $5.2 billion, it has more than 125, 236 employees spanning across 90 countries.
Tech Mahindra has more than 988 global customers and was also listed under the Fortune 500 companies list in 2019. Currently, the company has over 973 active clients. The company provides innovative and customer centric experiences enabling enterprise, associates and the society to grow. Tech Mahindra was created after Mahindra & Mahindra started its joint venture with the British Telecom in 1986 as technological outsourcing firm.
Tech Mahindra is also known to be the fastest growing brands and amongst the top 15 IT service providers globally. It aims to provide its global customers with next generation technologies including 5G, Blockchain, cyber security, AI and much more in order to help in digital transformation. In 2020, Tech Mahindra also got in the list of Indiaâs 50 best companies to work according to the Great Place to Work.
Mahindra Electric Mobility Limited
Founded: 1994
Mahindra Electric – Mahindra & Mahindra Subsidiaries
Mahindra Electric Mobility Limited was initially called as the Reva Electric Car Company before it was acquired by Mahindra & Mahindra in 2010.
The company has its headquarters in Bengaluru, Karnataka and is known to be a pioneer for designing and manufacturing electric vehicles in India. MEMLâs first electric car REVAi was one of the most popular and affordable electric car available 26 countries in over 4000 different variations.
The company is also the first Indian car manufacturer that has travelled more than 170 million ekilometres on its fleet. The Reva electric car company (REVA an acronym for revolutionary electric vehicle alternative) was founded by Chetan Maini in 1994 as a joint venture between the Maini Group and Amerigon Electric Vehicle technologies.
The company has a wide variety of electric vehicles such as the electric sedan eVerito, the electric commercial vehicle, eSupro a van for passenger & cargo and lastly the Treo range of three-wheelers powered by lithium and ion battery. The aim of the company is to develop and produce more affordable electric vehicles for personal and commercial segments.
Mahindra Logistics Limited is another subsidiary of Mahindra group that is a leader in the sector of integrated third party logistics service, supply chain management and enterprise mobility solutions. The company was founded more than a decade ago and aims to continue providing customized, innovative and technology enabled solutions to its clients across different industries.
So far, the company has over 500 customers across sectors like automotive, engineering, consumerâs goods, pharmaceuticals, telecom, ecommerce, bulk, banking, IT, financial services, insurance, etc. It has provided transportation services for 1,00,000 plus kilometers per month and has an experienced team with strong domain knowledge.
Mahindra Logistics offers customization and end to end logistics services and solutions, right from distribution, warehousing, in factory logistics and value added services to their customers. The aim of the company is to make the logistic process from origin to end customer easier, affordable, efficient and reliable, with shortened delivery times and better provide customer satisfaction.
Mahindra Lifespaces is a leading real estate development company in India, which is headquartered in Mumbai, Maharashtra. The company was founded in 1994 and has so far created innovative projects and designed living spaces throughout the country. The company is also a pioneer in sustainable urbanization, as it aims to provide responsible, green design and development options to its clients.
Mahindra Lifespace has developed well known projects in metropolitan cities like Mumbai, Pune, Nagpur, Ahmedabad, Delhi, Jaipur, Hyderabad, Chennai, and Bengaluru. The company has so far completed residential projects of about 17.81 million sq. ft. and is working on upcoming residential projects of 7.9 million sq. ft.
It also has over 5000 acres of ongoing and upcoming projects under development at its integrated industrial clusters in 4 different locations. In 2019, Mahindra Lifespaces was ranked 17th among Indiaâs Great Mid-Size Workplaces, by the Great Place To Work Institute.
Another subsidiary that is a leader in its sector is the Mahindra Aerospace. This Indian aerospace company is the first ever private firm that manufactures civil aircrafts for Indian Aviation market. The company is an AS9100 Rev D certified design organization and has also developed a NAL NM5 light aircraft along with National aerospace laboratories.
The company has manufacturing plants in Latrobe regional airport in Victoria, Australia and Narsapura Industrial Area in Karnataka, India. The Aeros-structure business of Mahindra aerospace is known for providing sheet metal parts and assemblies for major global aerospace and defence companies. It provides more than 350 plus programs in over 9 countries.
Mahindra aerospace has acquired stake in international aircraft manufacturers like GippsAero, Aerostaff Australia in 2009 and Australian Boeing unit in 2010. The company has also used its planes as an air ambulance, rescuing animals and putting out wildfires in the times of need.
Mahindra Holiday and Resorts India limited
Founded: 1996
Mahindra holiday and resorts – Mahindra & Mahindra Subsidiaries
MHRIL is a part of the leisure and hospitality sector of the Mahindra group that was founded in 1996. Mahindra holiday and resorts offers family holiday packages mainly through vacation ownership memberships for over a period of 10 to 25 years. The main offering of the company is the Club Mahindra holidays which is its most popular flagship brand.
The Club Mahindra has more than 260,000 members, with a 100 plus resorts in India and 4,500 affiliated RCI resorts all over the world. The company is also known to be the world largest vacation ownership brand outside America.
The company aims in enabling people to rise through innovative mobility solutions, driving rural prosperity, nurturing new businesses and fostering communities around the world. Mahindra is so successful and will continue to grow because of its numerous subsidiaries. Mahindra is also a leader in as many as 22 sectors with an annual revenue $13 billion dollar.
Frequently Asked Questions
What does Mahindra group do?
Mahindra Group is a billion-dollar global enterprise that has business in sectors such as aerospace, agribusiness, aftermarket, automotive, construction equipment, defence, and more.
What are the subsidiaries of Mahindra Group?
The list of Mahindra group subsidiaries are:
Mahindra & Mahindra Limited
Mahindra Lifespace Developers Limited
Mahindra Financial Services Limited
Mahindra Holiday and Resorts India Limited
Mahindra Aerospace
Mahindra Logistics Limited
Mahindra Electric Mobility Limited
Tech Mahindra
Who is the CEO of Mahindra group?
Dr. Anish Shah is the CEO of Mahindra Group.
Where is the headquarters of Mahindra Group?
The headquarters of Mahindra Group is in Mumbai, Maharashtra.
What is the net worth of Anand Mahindra?
The net worth of Anand Mahindra is $170 Crores.
Who is the CEO of Tech Mahindra?
CP Gurnani is the CEO of Tech Mahindra.
How many companies are there under Mahindra Group?
There are 150 companies having global presence in 23 industries under Mahindra Group.
How many employees are there in Mahindra Group?
There are over 250,000 employees in Mahindra Group.
In the recent years many companies are willing to pay crores in order to get a right celebrity to endorse the company products and services. One of the top actors in India, that is currently in demand for endorsements is Akshay Kumar.
This is because the actor is known for his persona of being down to earth, disciplined, a true nationalist and a fitness expert. Akshay Kumar is a India-born naturalised Canadian Actor, Producer, Martial Artist and Popular Television Personality that works in Indian film industry.
The bollywood actor has so far appeared in more than 100 movies and has been awarded with several acclaimed awards including Film Fare, National Film Awards and Padma Shri. Akshay Kumar is known for his work in bollywood movies such as Rowdy Rathore, Holiday, Airlift, Rustom, Padman, Kesari and Toilet: Ek Prem Katha. According to the Forbes list of 2019, Akshay ranks as the 4th highest paid actors in the world.
When it comes celebrities endorsing brands Akshay Kumar is one of the top actors as he has supported, endorsed various startups and helped them in getting to a better position throughout his career.
The actor’s brand value amounts to over Rs 742 crore, according to the celebrity brand valuation study of 2019 done by Duff and Phelps. Akshay Kumar is known to charge over Rs 2 to 3 crore per day as a fee for endorsements, according to Financial Express.
Some of the 30 brands endorsed by Akshay Kumar are Fau-G, GOQii, Honda, Nirma, Policy Bazaar, Livguard Energy, Harpic, Suthol, Dollar, Tata Motors, PC Jewelers, Revital H, Lever Ayush, and Cardekho among others.
Unlike other celebrities who are extremely picky when they are choosing which startup of endorse or fund, but Akshay on the other hand is known to take the plunge and support newcomers without think much. Which is why Akshay recommends other celebrities to get associated with the brand only if they believe in the promoters and the product.
In an interview Akshay Kumar spoke on how actors have routine paid partnerships, but the startup craze has recently opened up new opportunities for the brand as well as the celebrities worldwide. Explaining the reasoning behind endorsing some brands in an interview Akshay says that,
âFor me, GOQii is has a larger fitness goal for the entire country. Pagar Book is two young boys trying to put accounts for small business firms on their phone. CarDekho has opened up the car sales market multifold. FAU-G is trying to create a world class gaming experience on your smartphone or tablet. Yes, given the success rates of startups, youâre taking the risk of no value getting created for the brand at all after all, but thatâs the challenge. In the end, youâve at least partnered or helped someone on their way and who dreamed of doing something big.â
FAU-G an abbreviation for Fearless and United Guards, is a Made in India online multiplayer action game developed by nCore Games. nCore Games is headquartered in Bengaluru and developed FAU-G as a tribute to the heroes of the Indian armed forces. FAU-G is known to bring to life the thrill and adrenaline of a life spent guarding Indiaâs borders.
Supporting PM @narendramodiâs AtmaNirbhar movement, proud to present an action game,Fearless And United-Guards FAU-G. Besides entertainment, players will also learn about the sacrifices of our soldiers. 20% of the net revenue generated will be donated to @BharatKeVeer Trust #FAUGpic.twitter.com/Q1HLFB5hPt
Akshay Kumar is not only the brand ambassador, but also a mentor to the development process in the game. The game was first announced by Akhay Kumar through social media accounts in September 2020 as a game that will support PM Narendra Modiâs Atma Nirbhar movement.
The actor also announced that over 20% of the net revenue generated by the game will be donated to the Bharat Ke Veer trust. This game was also speculated for being the Indian alternative for PUBG mobile. This is because the game came out right after PUBG along with 118 Chinese mobile apps were banned in India in September 2020, as a result of the growing border tension between India and China.
GOQii pronounced as Go-key, is an Indian fitness technology company, known for their range of wearable fitness bands with a mobile app and a personalized remote coaching. The company was founded by Vishal Gondal and has its headquartered based in Menlo Park, California with offices in Mumbai and Shenzhen. GOQii had over 19% market share making it the second biggest player in Indian wearable market in 2018.
The smart-tech enabled platform has a long list of popular investors like Mitsui, Megadelta, Galaxy Digital, Edelweiss, Cheetah Mobile, Madhuri Dixit Nene, Ratan Tata and also Akshay Kumar, etc. The company also made Akshay Kumar as its brand ambassador, apart for endorsing the brand Akshay was also a part of several initiatives in their mobile app, in order to promote and widen the presence of GOQii in India.
On his association with GOQii, the actor added that he believes in GOQiiâs preventive ecosystem and is proud to be associated with its passionate team.
He also added that health is not a short term goal and can be achieved by adopting a healthy lifestyle. The actor along with the team of coaches, will be working to making 130 crore Indians healthy.
Honda Motor Company Ltd.
Akshay Kumar in Honda advertisements
Honda Motor is a Japanese multinational conglomerate that is known for manufacturing automobiles, motorcycles and other power equipment’s. The Tokyo headquartered company is the world largest motorcycles manufacturer since 1959, producing over 400 million motorcycles by the end of 2019. According to report, Akshay Kumar made a Rs. 50 crore deal with Honda in 2012, making him the brand ambassador for Honda motorcycles.
In 2018, Akshay Kumar was a major part of a national level campaign #HelmetOnLifeOn started by Honda to educate people on road safety. The company campaigned in 13 traffic training parks across India through huge safety events.
Akshay took this message to his fans by saying that, he was happy to be associated with Honda 2 Wheelers India for the #HelmetOnLifeOn campaign. He also told his fans to tell their loved ones to wear a helmet at all times while riding a two-wheeler.
Nirma is one of the most well-known companies of India, with its headquarters based in Ahmedabad, Gujarat. The company manufactures products such as cements, cosmetics, soaps, detergents, salt, soda ash, LAB and injectable.
Nirma currently has over 25000 employees with a turnover of about Rs. 20,500 crore. Nirma is also known for its iconic ads through out the years, in the recent years akshay has also been a part of many of its television advertisements.
PolicyBazaar
Akshay Kumar in the #Aapkisidehai ad
Policybazaar is an Indian insurance and global financial technology company that has its headquarters based in Gurgaon. The company currently provides a digital platform for users to compare financial services from major insurance company.
Talking about the selection of Akshay Kumar as the companyâs brand ambassador, Yashish Dahiya who is the cofounder of policy bazaar said that, âAkshay Kumar is self made, speaks directly and also delivers important messages with humor, this makes the actor the perfect fit for our brand.
Like him our brand also stands for transparency, positive societal change, reliability, trust and a genuine connection with the people. This partnership is a natural extension of the values we share with him.â
Tata Motors
Tata motors is one of the oldest and well respected Indian multinational automotive company that has its headquarters based in Mumbai, Maharashtra. The company is one of the main subsidiary of Tata Group which is a massive conglomerate.
Tata INTRA V10 BS6 ki badi gaadi se banao apna kaarobaar bemisaal. Naye INTRA ka vaada hai ki iss se aap ko mile badi taakat, badi performance, bada aaram, badi bachat aur badi kamai. #TataIntraBS6@akshaykumarpic.twitter.com/5nF8LC85S5
The company manufactures cars, trucks, vans, coaches, buses, sports cars, construction equipment including military vehicles. Tata motors made Akshay Kumar as its brand ambassador for its commercial vehicle business unit in 2017 and since then the actor has been actively promoting many of its new commercial vehicles through multi media campaigns and television ads.
Besides that Akshay has also been involved in a variety of innovative marketing and customer experience initiatives to be rolled out by Tata Motors. In an interview, Akshay mentioned that it is an honour to be working with the Tata brand as most of us grew up with the company.
CarDekho
Akshay Kumar in the successful CarDekho advertisement
Car Dekho is an online portal that allows customers to review, compare, buy and sell new and used cars in the country. The portal not only lists vehicles for trade but also provides services like providing the latest information of the automobile industry, images, videos and features of every individual car, recent car launches, prices and other important specifications of the cars.
Car Dekho also sells a huge variety of automobile accessories such as stickers, floor mats, scratch removers, polish, mobile chargers, shampoo, tires, car stereos, and other endless car supplies. The most recent successful TV commercial starring Akshay Kumar highlighted easy ways of selling a used car to CarDekho Gaadi from anywhere, be it from home or office.
The brand ambassador of the company, Akshay Kumar in an interview added that he is delighted to be associated with CarDekho as the company works aggressively in redefining the auto ecosystem and personal mobility space of India.
Akshay Kumar and Twinkle Khanna as the brand ambassadors of PC jeweller
PC Jeweller Limited is one of the top jeweler in India, the company started in 2005 with one showroom in New Delhi and now has over 84 showrooms in over 70 cities across 19 states in India. The company manufactures, exports, wholesale and retail gold and diamond hallmarked and certified jewelry in the country.
In 2012, the jewelry company signed Akshay Kumar and his wife Twinkle Khanna as their brand ambassadors in order to enhance the companyâs presence and consumer trust in the market.
In an interview, Akshay Kumar and Twinkle Khanna said that, it was their pleasure to become a part of the PCJ family and are happy to be associated with brand that is known for its jeweler, design and trust.
Conclusion
According to a study conducted in 2019, Akhay Kumar has witnessed a jump of 55.3% making him second only to Virat Kohli whose brand value is Rs 1,600 crore. Akshay has over preferred by more than 30 brands because of factors such as Down to earth persona, humble beginnings, causes, discipline, fitness, movies, nationalistic urges, and maintains a healthy diet.
Akshay Kumar has over 49 million on Instagram, 45.7 million on Facebook and 39.2 million on Twitter and he uses his social media platform to spread the messages on fitness, upcoming movies, lifestyle and endorse brands. This is why Akshay might soon beat Virat Kohli to become the number one celebrity to endorse brands in India.
Frequently Asked Questions
Who is Akshay Kumar?
Akshay Kumar is a popular India-born naturalised Canadian actor, Producer, Martial Artist and Popular Television Personality that works in Indian film industry.
What is the Brand value of Akshay Kumar?
The actor’s brand value amounts to over INR 742 crore, according to the celebrity brand valuation study of 2019 done by Duff and Phelps.
What are the brands that are endorsed by Akshay Kumar?
Some of the brands endorsed by Akhay Kumar are:
PC Jewelers
Car Dekho
Tata Motors
PolicyBazaar
Nirma
Honda Motor Company Limited
GOQii
FAU-G
How much does Akshay Kumar charge for brand endorsement?
Akshay Kumar is known to charge over Rs 2 to 3 crore per day as a fee for endorsements, according to Financial Express.
Every entrepreneur dreams of making their business a success, showcasing their innovation to the entire world and turning their passion into their profession. Once you get the taste of success, you want more of it, so it is very natural for companies to acquire other companies. The reason for acquiring other companies can be numerous. It can be because they want to explore different markets, try to make a different company their own because they find it promising, to increase their market share or something else. So, it is quite normal to see some pretty big companies acquiring startups.
Tata is one of the most popular Indian multinational companies, there is hardly anyone who lives in India and doesnât know about the company. People in India are literally surrounded by the products of Tata, so itâs kind of impossible to not know about the existence of the company. It is serving the people for over 150 years. Tata was founded in the year 1868 by Jamsetji Tata, and it is the oldest and largest industrial group in India. Being one of the largest industries, it is not something unnatural to acquire different companies, so it keeps on doing that.
In this article, we will talk about some new tech companies that are acquired by Tata, so without any further ado, letâs get started.
The key to making acquisitions is being ready because you really never know when the right big one is going to come along. -James McNerney
Tejas Networks is an optical broadband company that also provides data networking products and solutions to telecom networks and internet service providers in India and in 75 other countries. The company was founded in the year 2000 by Arnob Roy, Kumar N. Sivarajan and Sanjay Nayak. It is one of the most popular exporters of IPs in developing countries like Africa and in South East Asia. The headquarters of Tejas Networks is situated in Bangalore, India. In 2021, Tata Sons acquired majority stakes of Tejas Network which is 26% for INR 1038 Crores.
Saankhya Labs
Saankhya Labs
Saankhya Labs is a wireless communication solutions company, it is a semiconductor firm founded in the year 2007 by Parag Naik and Vishwakumara Kayargadde. The company focuses on providing semiconductor products for radios, satellite communication and other wireless tech, not only in India but in the International market as well.
As per reports, one of Tata Groupâs subsidiaries Tejas Network has acquired the majority stake of Saankhya Lab, almost 64.40% for INR 286.94 Crores and made the company one of their own. This acquisition is mainly done to expand the market of wireless products, and customers will get the advantage of a larger product portfolio to choose from.
Cambric Corporation
Cambric Logo
Cambric Corporation is a company that provides engineering services, at the end of 2012 the company had revenue of $25 million. The company was founded in the year 1998 and the headquarters of the company is situated in The United States of America with that it also has a strong presence in Eastern Europe.
Tata technologies acquired Cambric Corporation; the US-based company for $32.5 million in 2013 and since then it has focused on the company and has helped in making Tata Technologies’ presence in the global frontier.
URJA
Urja Logo
Urja was founded in the year 2017 by Anant Jhawar and Saurabh Jhamb. It is an Industrial IoT startup that provides smart energy with the help of smart sensors and analytics platforms. In 2021 Tata Power invested in Urja, the main motive of this is to establish Tata motors as the main energy-as-a-service (EaaS) service provider and to offer smart energy to its customers. Urja mainly works on developing IoT devices for industrial manufacturing applications, air conditioning systems, hydropower plants and thermal plants.
AccessBell
AccessBell is a video conferencing platform that is mainly provided to enterprises for proper workflow in the company. The company was founded by Josh Payne, Kamil Ali and Martin Aguinis in the year 2020. The headquarters of the company is situated in Sans Francisco, The United States of America.
The video conferencing platform provides features like taking personal and collaborative notes; scheduling meetings on the platform and video recording the whole meeting. Even in low connection, one can connect with clients easily, through it and the call drop doesnât happen that much. Tata Group has acquired AccessBall in 2021. This acquisition will focus on virtual care provided to its people.
Conclusion
Tata being one of the biggest industrial groups in India has been a regular part of our lives, we are surrounded by its products. With an intention of expanding its name in different markets, Tata is acquiring a number of companies every year. Nowadays Tata is especially eyeing different and promising tech startups, to make them its own. It has already acquired a number of tech startups from across the globe to make its presence strong.
FAQs
Who was the founder of Tata?
Jamsetji Tata founded the Tata group in the year 1868.
Who is the CEO of Tata Group?
Natarajan Chandrasekaran is the current CEO of Tata Group.
How many companies are there in the Tata group?
As of there are around 30 companies in the Tata group.
A company needs to engage with their customers to create an impact on them apart from providing products and services to them. Throughout the year, brands work their way up to reach the top of success and acquire the trust of their customers. It is done by providing their customers with whatever they need, this way only they are able to create a strong connection that strengthens the loyalty of those customers.
Humour can make our day exciting and happy and brands often take these chances to use in their favour and engage their customers with harmless pranks. The first day of the month of April is known as April Fools Day, on this day, brands pull their socks up and play pranks on their customers by launching some interesting but bizarre campaign and later announce it as pranks.
In this article, we will take a look at some of the best April Fool pranks by brands that have made their customers double over with laughter and made their day extra special. So letâs get started.
âA brand is the set of expectations, memories, stories and relationships that, taken together, account for a consumerâs decision to choose one product or service over another.â â Seth Godin
The popular chewing gum brand has always bought a smile to people’s faces with its unique and creative advertisements as well. This year for their April Fool’s day pranks, Happydent presented an advertisement where it is said that they are launching ‘Happydent Lightings’. These are smart lights that are illuminated with the help of Happydent used smiles of people that are recorded for hours. The ad also stated that the product will launch on 1st April 2022.
7UP
7up April Fool Prank
The popular beverage brand shocked everyone when it recently announced that its mascot Fido Dido will not be a part of the brand anymore and is leaving it. Fido Dido in response to the statement created his own Instagram account and this way let his fans get a glance at his ‘social life’.
McDonaldâs
McDonald’s April Fool Prank
The biggest fast-food chain is not only famous for its burgers and fries but also for its ice cream and sundaes. McDonald’s Australia made a fool out of everyone when it announced through its Instagram handle that it has launched sweet and sour Sunday on its menu for those who love to dip their fries on sundaes. At the end of the statement, it said ‘Available Until Yesterday’.
Ixigo âShoesXâ
Ixigo Shoes launches quite a funny April Fool prank campaign where it’s seen that the new ShoesX brand is a pair of smart shoes and has every feature a wearable technology should have. It has a charging facility, a front camera, a back camera, QR Code Scanner and others and showed that it is the future.
Google
The worldâs biggest and most popular search engine that gives you the answer to everything, is also a great prankster as well. Every year till 2019, Google has played some elaborated pranks, one of them is the Snake in their Google maps.
Google April Fool Prank
In the year 2019, the Google maps team created a unique way to make their users engage, have fun and reminisce their childhood days. The popular age-old classic game, Snake was introduced on Google maps and one can play that by just clicking the âPlay Snakeâ button.
Petco
Petco is an American health and wellness company for pets. It is mainly focused on grooming the pets and providing them with food supplies and others. In 2018, the brand launched a creative ad where it says that the store is not only for pets for grooming but for also their owners. The store will give their owner a special makeover that will make them resemble their pets. The advertisement was quite a funny one and although not everyone believed it, it made people laugh a lot.
Yelp, an American company that focuses on connecting people with local businesses, gave some of its users a fright of their lifetime. In 2018, they sent a notification to their customers and after opening it, their worst nightmare come true. It created an illusion that shows that the smartphoneâs screen got cracked.
Rent the Runway
Rent the Runway April Fool Prank
Rent the Runway is an e-commerce platform that provides its customers with designer outfits and accessories for rent. Apart from that, one can also buy and subscribe to them from this platform. The company played a prank on their customers by announcing that it will now also cater for the needs of the four-legged furry friends. Most of them actually believed that now, one can also rent fashionable outfits for their dogs from the platform.
BMW
BMW April Fool Prank
The luxury car brand fooled its customers by making them believe that it has launched a car paint called âLunar Paintâ in 2019. Through this paint, one can charge their electric vehicles that are painted by this can get charged with the help of moonlight with their âphotovoltaic technologyâ. Later the Twitter handle of the company revealed that it was an April fool prank and they also promoted their electric cars through this. Many people said they almost believed it for a second.
Duolingo
One of the most popular language-learning apps made people laugh their heart out when in 2019, it showcase a new ad which show that it has launched a new service called âDuolingoâs Pushâ, The advertisement shows that the appâs mascot an owl will appear in front of the users and will pursue them to continue and practise all the lessons. Although it was not a serious prank, it was quite funny, so much that it is viewed more than 5 million times on Youtube.
Flipkart
Flipkart April Fool Prank
The biggest Indian e-commerce platform made a fool out of almost everyone. In 2021 on March 31st, Flipkart announced through its Twitter handle that it will accept bitcoin as a way of payment for its products. This created quite a stir amongst people and later it was revealed that it is a prank. Who knows this prank might become a reality sooner than expected.
Kingfisher
One of the most popular beer brands in India, Kingfisher never failed in creating hype with its products. As an April fool prank, the brand creates an advertisement and revealed that it has launched an instant beer mix. Through this consumers can make their own beer and they wonât need to carry beer crates anymore.
Turns out it was a prank, and this helped Kingfisher in engaging customers with the brand. Some actually thought that a premium product like this is launching, while others realize that it is a prank but had a good laugh.
Conclusion
1st April is nonetheless one of the funniest days of the year, where we often get fooled by our friends and family members. The brand also takes this opportunity to engage with their customers by playing harmless pranks, that only fool them but also amuses them with their creativity.
FAQs
What are some of the best April fool pranks by brands?
KingFisher Instant Beer, Flipkart Bitcoin, Duolingo Push, BMW Lunar Paint, and Petco Beautiful Bond Salon are some of the best April fool pranks by brands.
What are some of the marketing ideas for April foolâs day?
Make a fake announcement, Offer unbelievable discounts, and use humour in your marketing campaigns.
The Ex-Co-founder of BharatPe, Ashneer Grover has become a super popular name in India. He is the man who organized the unorganized sector of payments in India.
Recently, he made his appearance as a shark in the show, Shark Tank, India. There he contributed to the funding of various startups.
He has a keen eye for startups that holds great future potential in them. Over the years, Ashneer has funded many startups. For example- Pocketly, Credgenics, Freadom, Zorro, etc.
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He was the Co-founder and Managing Director of BharatPe. He is an entrepreneur hailing from Delhi. He graduated from the Indian Institute of Technology, Delhi. For higher studies, he went to the prestigious Indian Institute of Management, Ahmedabad.
Ashneer Grover started BharatPe, the payment application in 2018 and resigned from the same on February 28, 2022. Before that, he has worked in many esteemed companies. These include Grofers, American Express, PC Jeweller Ltd., and Kotak Investment Bank.
He is one of the most popular under 40 entrepreneurs in India.
List of Startups Funded by Ashneer Grover
Ashneer is a man of great intellect who discovered a solution to help small retailers with digital payments. He is not just the founder but a great investor as well. He has funded many startups in the fields of fintech, healthcare, gaming, etc.
The startups funded by Ashneer are as follows:
Big Bang Food Tech
Big Bang Food Tech
Big Bang Food Tech is a Thrasio-style restaurant roll-up startup founded by Abhimanyu Singh Rana, Sonia Sinha, Sonia Mohindra, and Manu Mohindra that has made headlines by growing 80X since inception. With its monthly orders surging by 50% within just 2 months, Big Bang is a startup to be checked out. This startup raised its Seed round worth INR 4.8 crore led by a bundle of investors including Artha Venture Fund, Ashneer Grover, Harsh Jain, Anand Kumar, Nikhil Aggarwal, and others. Â
TagZ Foods
TagZ Foods | Ashneer Grover Funded Startups
This startup is a supplier of snacks and food products, founded in the year 2019. It aims to promote healthy snacking and an active lifestyle. Their most popular snack is potato chips which are neither fried nor baked. This is the most recent startup investment by Ashneer. He signed a deal for 70 lakhs INR at 2.5% equity.
Freadom
Freadom | Ashneer Grover Funded Startups
It is an extensive learning platform, founded in the year 2008. It is meant for children between the age group of 3 to 12 years. The startup strengthens the ability to read and speak in English. It also helps in developing conversational skills among children. The company raised $2.5M as Seed VC from Ashneer and other investors.
Koo App
Koo App | Ashneer Grover Funding in Startups |
Koo is a micro-blogging platform from India. Founded in March 2020 by Aprameya Radhakrishna, Mayank Bidawatka, the Koo App won the AatmaNirbhar innovation challenge and is a promising Made in India service platform, which aligns with the vision of PM Narendra Modi. It is a social media platform that helps Indian users share audio and video content, connect with each other and carry on with their conversations in 13+ local languages of India.
The popular Indian local vernacular social media app received funds from Ashneer Grover too along with some other investors like Capier Venture Partner, Ravi Modi Family Trust, in its Series B funding round, which helped it receive more than $10 mn in funding. The round came in 2 tranches.
Zorro
Zorro | Ashneer Grover Funded Startups
Zorro is a new-age pseudonymous social network, launched in the year 2021. Here people can write and share their thoughts without any limitations. People can wear a mask or build their private identity on this platform. The company raised a seed round of $3.2M from Grover, 3one4 Capital, and twelve other investors.
HireQuotient
HireQuotient | Ashneer Grover Funded Startups
It is an HR tech startup, launched in the year 2021. It is a platform of skill assessments to automate the process of HR interviews. HireQuotient helps the companies to bring about insights into a candidateâs job-specific skills and comes up with final recommendations. The startup is here to disrupt the non-tech hiring process. The company raised $1.8 M for a pre-seed round from Ashneer and seven other investors.
Fello
Fello | Ashneer Grover Funded Startups
It is a gamified investment and personal finance startup, launched in the year 2020. This is a great platform that allows gamers to turn into investors. Here, the users can save, invest, and receive higher returns than the regular savings account. The company raised a $1M seed round from Ashneer, Acequia Capital, and eight other investors.
Skippi Ice Pops
Skippi Ice Pops | Ashneer Grover Funded Startups
It is an ice popsicles brand, founded in the year 2020. The company makes its products by keeping the health of consumers in mind. Their ice popsicles do not have any artificial colors, sweeteners, or preservatives, rather all these are natural. It comes in various flavors that are not only delicious but also natural and healthy. He invested 20 lakhs INR for 3% equity of the company.
Get-A-Whey is an ice-cream brand, founded in the year 2018. It brings us Indiaâs first healthy ice cream. These have no-added sugar and are packed with high proteins. It is also keto-friendly. The brand offers many varieties of flavors packed with health. He funded 33.3 lakhs INR for 5% equity of the company.
Paz Care
Paz Care | Ashneer Grover Funded Startups
It is a tech-based health insurance platform, founded in the year 2020. It allows to design and administer the employee benefits programs. Paz Care is a one-stop solution for all of the employeesâ healthcare needs. This startup enables employers to make better and more informed healthcare decisions for their employees. It raised a seed round of 25 crores INR from Grover, 3one4 Capital, and six other investors.
It is a combined technology solution for equity and transaction management. Trica was founded in the year 2018. Its features include ESOP (employee stock ownership plan) management, primary fundraising, and solutions for liquidity. It facilitates startups to manage ESOP and investors to invest in budding startups. The company raised seed round funding of $3M from Grover and eight other investors.
FrontRow
FrontRow | Ashneer Grover Funded Startups
It is an online learning platform, launched in the year 2012. The startup is meant to enable people to pursue their passion. They have courses for hobbies, creative arts, and sports. Here the types of classes include comedy, music, cricket, and more. The platform also conducts regular activities and competitions to enable the learners to practice more. The company raised 100 crores INR /Series A funding round from Ashneer and eighteen other investors. Deepika Padukone has also funded in the startup.
OTO Capital
OTO Capital | Ashneer Grover Funded Startups
This is a software company, founded in the year 2018. The company offers reasonable plans to buy our own automotive. It has partnered with many banks and NBFCs to provide financing facilities to its customers. The platform provides management of credit underwriting, insurance, management, and resale of the vehicle. The company raised a Series A funding round of $6M from Ashneer and nine other investors.
EasyRewardz
Easyrewardz | Ashneer Grover Funded Startups
It is an industry-agnostic cloud-based CRM and Loyalty and conversational commerce platform. It was founded in the year 2011. It helps the brands deliver smooth customer experiences and create a deeper connection with them. This enables the members to track and manage their loyalty balances across hotels, airlines, and shopping. The company raised pre-Series A round of 3 crores INR in 2015 from Ashneer Grover, Wealth First and other investors.
Lets Hash
Lets Hash | Ashneer Grover Funded Startups
It is a cigarette brand, founded in the year 2020. The brand aims to digitize the businesses of small tobacco retailers (paanwalas) in India. It provides credit access to this segment by making the supply chain more efficient. This way the brandâs sales get a boost and the small retailers gets to grow. The company raised 25 crores INR from Ashneer and six other investors.
The Whole Truth
The Whole Truth | Ashneer Grover Funded Startups
The startup founded in the year 2019, manufactures protein bars. The bars are packed with nutrition and make for a wholesome snack. These do not have added sugar, artificial sweeteners, preservatives, coloring, or flavoring agents. They are made with natural ingredients like cocoa, dry fruits, and raw whey. Ashneer was among the eleven investors of the Series A funding round of 43 crores INR raised by the company.
Credgenics
Credgenics | Ashneer Grover Funded Startups
It is a technology-enabled recovery platform, founded in the year 2018. They use automation intelligence and the best legal ways to deliver custom strategies for higher recovery rates at lower costs. Credgenics helps banks and fintech lenders in reducing critical NPA (Non-performing loans). Grover was one among eight investors who took part in a Series A funding round that raised $25M.
Pocketly
Pocketly | Ashneer Grover Funded Startups
It is a microlending platform for college students, founded in the year 2019. It offers instant and short-term loans by using machine learning and artificial intelligence. The company has features like credit extensions, transparent costs, and online support. Thus, empowers the students with instant cash. The company raised an undisclosed amount from Ashneer and seven other investors.
india gold
india gold | Ashneer Grover Funded Startups
This startup provides gold loans and gold locker services. It was founded in the year 2020. The company offers instant gold loans at inferior rates and minimum documentation. The company also offers insured lockers to their customers. The company raised 14 crores INR from Ashneer and nine other investors.
It is a startup that provides smart cards to children for their expenses. It started in the year 2020. With this app, a child can learn to earn, spend and save. It offers a digital pocket money-smart card for children. Parents can use their app to transfer money. In this way, children can learn to handle their finances under their parentsâ guidance. Junio raised a $3M seed round from Grover and five other investors.
M2P Fintech
M2P | Ashneer Grover Funded Startups
It is a fintech startup, founded in the year 2014. M2P Fintech has experienced experts in fintech businesses and banking. They offer guidance and access to a reputed bank network to the users.
The platform connects banks, payment networks, businesses, and merchants. This helps the companies to co-create their own branded payment products. The company received Series A funding of $4.5M from Ashneer Grover and eight other investors.
Rupifi
Rupifi | Ashneer Grover Funded Startups
It is a digital B2B platform, founded in the year 2020. Rupifi offers loans, working capital, and payment services to small and medium businesses. These are offered on the basis of credit scores. The businesses can make the repayments later and thus, manage their finances better. Ashneer was one among the seven investors for the pre-seed funding round of the company that raised $650,000.
earKart
Earkart | Ashneer Grover Funded Startups
It is an online platform that provides hearing aid devices and services. The startup was founded in the year 2021. It allows the hearing aid dispensers and patients to access top global hearing aid brands at fair prices. The platform enables patients with hearing problems to connect with its wide network of dispensers in the nation. Currently, Ashneer is the only investor on this platform. The company raised an angel round of funding from Ashneer, the amount however, remains undisclosed.
MyHq
MyHQ | Ashneer Grover Funded Startups
It is a coworking office space solution provider for individuals and businesses, founded in 2016. MyHQ offers co-working spaces without any fixed monthly rent. These spaces are zones inside cafes, and restaurants, where one can work or conduct meetings without renting the place. These places have wifi, food, and other working essentials. Ashneer was among many investors who took part in company’s round of funding. His amount remains undisclosed.
Conclusion
The wave of startups in India is soaring high. Ashneer definitely has made a place on top for himself in the startup industry. He is known for being the founder of BharatPe. His appearance on Shark Tank India made him an even more popular name in the entire country. He was in fact, the richest shark on the platform.
Throughout the years of his entrepreneurship, he has funded many startups like Rupifi, Junio, Trica, earKart, and more. Ashneer Grover has indeed made his name and mark in the entrepreneur industry an unforgettable one.
FAQs
Who is Ashneer Grover?
Ashneer Grover was the Co-founder & Managing Director of BharatPe but has resigned and relinquished his positions in the firm on February 28, 2022, after he was entangled in numerous controversies including financial frauds.
How many startups did Ashneer Grover invest in to date?
Ashneer Grover has invested in more than 24 companies to date.
What are the companies that Ashneer Grover has invested in?
There are 24+ companies that Ashneer Grover has already invested in. This includes:
EasyRewardz
Nazara
Koo App
Recko
Vested
Vahan
Jupiter
Atom Finance
RupiFi
M2P
Big Bang Food Tech
What is the net worth of Ashneer Grover?
Ashneer Grover’s Net worth is expected to be $90 Million (2021).
What is the total amount invested by Ashneer Grover in Shark Tank India?
Ashneer Grover invested INR 4 Crore till now in Shark Tank India.
How much equity does Ashneer Grover have in BharatPe?
Ashneer Grover owns 9.5% stakes in BharatPe but his stakes in the firm are at stake after his resignation.
What industry does Ashneer Grover like to invest in?
Ashneer Grover, till now, has tapped into a series of industries which includes gaming, healthtech, fintech, alcobev, co-working, staffing, and more.
Startups are gradually increasing in numbers in the world, and the startup ecosystem is flourishing with innovative ideas and efforts. There are investors out there who are ready to put their trust in the dreams of young entrepreneurs and thus are looking for promising startups to invest their funds in. The more innovative the startup, the more investors find it interesting and consider funding it.
A startup gets more recognition if it’s backed by some celebrity who is influential. It is good for their marketing as well. Many celebs are investing and funding innovative and promising startups nowadays and more or less it is turning to be profitable for those startups.
One of Indiaâs biggest and most respectable celebrities has to Bollywood Megastar, Amitabh Bachchan. With starring in over 200 films, the Shahenshah of Bollywood is known for his versatile acting and vigorous personality and is critically acclaimed for his works in his films.
The actor, producer and singer is applauded for starring in films like, âAgneepathâ, âDonâ, Pink, âBlackâ and others. His acting and singing made him the most popular self-made superstar in the Indian film industry. Amitabh Bachchan debuted with the âSaat Hindustaniâ in 1969 and never looked back. He is a part of this industry for 53 years and has given several hits in his career. He has won countless awards like National Film Awards, Filmfare Awards, Asian Film Awards and others for his performances in his films.
He is also a recipient of Padma Shri, Padma Bhusan and Padma Vibhushan, the three highest civilian awards in India. Apart from all these, Amitabh Bachchan has shown his interest in a few numbers of startups and has funded them. In this article, we will talk about the investments of the megastar of Bollywood, Amitabh Bachchan. So letâs get started.
âThe best way to measure your investing success is not by whether youâre beating the market but by whether youâve put in place a financial plan and a behavioural discipline that are likely to get you where you want to go.â -Benjamin Graham
Just Dial is a tech company that is famous for its search engine that gives out local search-related services with the help of websites, apps and other platforms to its users in India. The company was founded in the year 1987 by VSS Mani, the headquarters is situated in Mumbai, India. The discovery firm was now got acquired by Reliance Retail.
Amitabh Bachchan was signed in as the brand ambassador of this local search engine, he can be found in the advertisements highlighting the important features of the search engine. Later in 2013, Bachchan made an investment of INR 6.27 Lakh and in only 7 months, those 6.27 Lakh shares value increased to INR 6.6 Crores.
Ziddu
Ziddu Logo
The Singapore based company Ziddu was founded in the year 2007, the platform was online cloud storage and sharing solution firm, the company used to make money through advertisement and pay the users who used to share files through this platform. The company has now turned into a solution provider firm empowered by blockchain.
Amitabh Bachchan invested in this firm in 2015; it was his first investment in an overseas company. The company made news when in just three years; the companyâs value increased 70 times more. The company now offers microloans in digital currency. Another masterstroke was when LongFin Corp, a US-based company acquire Ziddu. Amitabh Bachchanâs investment of INR 1.6 Crores turned into INR 112 Crores in just two years.
Eduisfun
Eduisfun Logo
Eduisfun is an Ed-Tech startup founded in the year 2014 by Jatin Solanki and Praveen Tyagi, this Ed-tech provides lessons to the school according to ICSE and CBSE curriculum.
The startup is known for developing one of the high-tech products that are STEPApp, through this learning app, one can study with just a basic smartphone and with low data connectivity. Â The app is specially designed for tribal, private and central school students.
In the year 2019, Amitabh Bachchan invested an undisclosed amount in Eduisfun. It is Bachchanâs first investment in an Ed-tech startup and it is surely not a bad one.
Macmerise Celfie
Macmerise Celfie Logo
Macmerise Celfie is a company that deals with licensed merchandise of Marvel, Disney and Star Wars. Apart from these, the firm is also offering merchandise from celebrities, brands and influencers. Those merchandises include Laptop skin, mobile cases and others. Macmerise was Sahil Shan in the year 2019. The headquarters of the company is situated in Mumbai, India.
The company raised $1 million in 2022. Amitabh Bachchan was one of the investors; he invested an undisclosed amount in this company.
Amitabh Bachchan is a big name in the Indian film industry, and so far, most of the time; he got positive results from his investment. Companies getting funds from him is not only good for the improvement of their company but it also helps in making a good name for the company as it is funded by such an influential person.
FAQs
What is the net worth of Amitabh Bachchan?
The net worth of Amitabh Bachchan is $400 million as of 2022.
How old is Amitabh Bachchan?
Amitabh Bachchan was born on 11th October 1942 and is currently 79 years old.
How much does Amitabh Bachchan earn in a month?
Amitabh Bachchan earns approximately INR 5 Crores per month.
What are some of the investments of Amitabh Bachchan?
Amitabh Bachchan has invested in Macmerise Celfie, Eduisfun, Ziddu, and Justdial.
Baishali Das Adhikari
