Tag: šŸ‘Øā€šŸ’»StartupTalkers

  • Amrit Acharya: The Visionary Behind Zetwerk’s Manufacturing Revolution

    Amrit Acharya, co-founder and CEO of Zetwerk, is an innovative leader driving one of India’s fastest-growing manufacturing marketplaces. His entrepreneurial journey led Zetwerk from a SaaS startup to a global B2B marketplace. An avid angel investor, Mr. Acharya supports fintech and design-focused startups. This article explores Amrit Acharya’s inspiring journey from IIT Madras to co-founding Zetwerk, a $2.7 billion global manufacturing powerhouse transforming India’s industrial landscape.

    Learn about Amrit Acharya, his education, career, family, Zetwerk, and more from this article.

    Amrit Acharya – Biography

    Name Amrit Acharya
    Birthplace Bhubaneswar, Odisha, India
    Born 01 Jan 1970
    Nationality Indian
    Education Electrical Engineering from IIT-Madras
    MBA from HAAS School of Business, University of California
    Position Co-founder & CEO of Zetwork
    Net worth INR 3730 crore (Feb 2024)
    Website Zetwerk.com

    Amrit Acharya – Early Life and Education
    Amrit Acharya – Career
    Amrit Acharya – Personal Life
    Amrit Acharya – Zetwerk
    Amrit Acharya – Journey So Far!
    Amrit Acharya – Investments
    Amrit Acharya – Unknown Facts / Interesting Facts
    Amrit Acharya – Top Quotes

    Amrit Acharya – Early Life and Education

    Amrit Acharya’s academic path blends technology and business, shaping the foundation of his career. He kicked off his studies at BJB Junior College, focusing on Science from 2004 to 2006. From there, he dove into Electrical Engineering at the prestigious Indian Institute of Technology, Madras, earning his Bachelor of Technology degree in 2010. But he didn’t stop there—he decided to broaden his business acumen by pursuing an MBA at the University of California, Berkeley, Haas School of Business, graduating in 2016. This combination of technical knowledge and business insight has played a key role in his professional journey.

    Amrit Acharya – Career

    Amrit Acharya began his career in India with ITC after graduating from IIT Madras in 2010. He later moved to the U.S. to pursue an MBA, where he expanded his expertise in business. During his time in the U.S., Amrit spent over three years working at McKinsey’s Palo Alto office, as well as other firms, gaining valuable insights and experience across various industries.

    Amrit Acharya – Personal Life

    Amrit Acharya hails from a family deeply rooted in education and social impact. His mother, Dharitri Dwivedy, leads Women Education and Environment, a nonprofit empowering rural women entrepreneurs in India. His father, Dr. Arabinda Acharya, is a professor at the College of International Security Affairs at National Defense University, Fort Bragg, N.C., and an accomplished author on international studies. Amrit met his wife, Sharanya Nedungadi Haridas, while both were students at IIT Madras. Their shared journey culminated in marriage on December 21, 2018. Their relationship, which started in the academic halls of Chennai, continues to thrive today.

    Amrit Acharya – Zetwerk

    Srinath Ramakkrushnan and Amrit Acharya
    Srinath Ramakkrushnan and Amrit Acharya

    Amrit Acharya and Srinath Ramakkrushnan, two visionary IIT graduates have been redefining manufacturing in India through their groundbreaking company, Zetwerk. Zetwerk initially envisioned as a software-as-a-service (SaaS) venture, recognized the need for a strategic pivot to thrive in the market. Amrit Acharya and his co-founders transformed the business into a B2B manufacturing marketplace. This bold shift has propelled the company to a valuation of $2.7 billion today, making it a Unicorn.

    Zetwerk took root almost six years ago, initially targeting the capital equipment sector.

    Srinath explains, ā€œWe zeroed in on a specific industry challenge—ensuring predictability and reliability for our clients.ā€

    This focused approach not only laid a solid foundation but also opened doors to diverse industrial opportunities.

    Reflecting on their leap from secure corporate jobs in the U.S., Amrit shares the passion fueling their journey: ā€œOur mission is clear: to transform India into a manufacturing powerhouse.ā€

    Their unwavering dedication is paving the way for significant change in the manufacturing landscape.

    To conclude, Zetwerk has officially entered discussions with JP Morgan and other top bankers as it gears up for its initial public offering (IPO). The rapidly growing manufacturing startup is positioning itself to join the ranks of Indian unicorns seeking to go public, signaling a new chapter in its expansion strategy.


    Zetwerk – Founders, Business Model, Revenue Model, and More
    Zetwerk is a manufacturing supply chain solutions provider. Heres a look at its founders, business model, and more.


    Amrit Acharya – Journey So Far!

    Amrit Acharya’s journey began in an unexpected yet formative way at ITC, where he was tasked with building a new factory fresh out of college. Despite knowing little about factory construction, Amrit found himself managing a team of seasoned professionals, some in their 40s and 50s, which taught him the importance of leadership, innovation, and adaptability. This experience sparked his entrepreneurial spirit, especially as he witnessed the wave of innovation sweeping through India in the early 2010s. It was during this time that Amrit realized the need to be at the forefront of this transformation.

    After spending some time in the U.S., optimizing for practicalities like visas and teams, Amrit made a pivotal decision: to return to India and contribute to the country’s entrepreneurial boom. He teamed up with Srinath, a long-time friend and co-founder and together they launched Zetwerk with a clear vision—to revolutionize procurement and supply chain management. Drawing on Amrit’s early experience of managing small manufacturers through spreadsheets and manual processes, they wanted to build software that could streamline and optimize procurement at scale.

    Amrit envisions Zetwerk as a catalyst for socio-economic change, fostering inclusive growth and prosperity throughout India focusing on creating job opportunities in rural areas, detailing Zetwerk’s commitment to utilizing technology and skill development to empower underserved communities. Amrit aims to pave the way for a more equitable and sustainable future by prioritizing empowerment and inclusivity.

    Amrit Acharya – Investments

    Amrit Acharya is an Angel Investor based in Bengaluru, focusing on transformative sectors like Design, Fintech, and Software. His notable investments include:

    Date Organization Name Funding Round Money Raised
    August 22, 2023 Boxs Seed Round $1.6 million
    May 25, 2022 Nakad Seed Round $7 million
    April 4, 2022 Agrizy Seed Round $4 million
    August 17, 2021 Yojak Seed Round INR 282 million

    Amrit Acharya – Unknown Facts / Interesting Facts

    Amrit Acharya’s passion for cricket began at a young age. In January 2001, he proudly represented the Orissa State Cricket Team at the all-India level in under-14 tournaments.

    Amrit Acharya – Top Quotes

    šŸ’”
    Wake-up.Work.Sleep.Repeat – Freedom!

    FAQs

    Who is Amrit Acharya?

    Amrit Acharya is the Co-founder and CEO of Zetwerk.

    What is Amrit Acharya Education?

    Amrit Acharya did Electrical Engineering from IIT-Madras and an MBA from HAAS School of Business, University of California.

    What does Zetwerk do?

    Zetwerk is a supply chain management company that engages in connecting with manufacturers to give customized results.

    Who is Amrit Acharya wife?

    Sharanya Nedungadi Haridas is the wife of Amrit Acharya.

  • Ashish Hemrajani: Crafting a New Era for Entertainment in India with BookMyShow

    Ashish Hemrajani is an Indian Entrepreneur who founded India’s number 1 online ticket-booking platform BookMyShow for concerts, movies, plays, sports, and live events. He is the founder and Chief Executive officer (CEO) of BookMyShow. In 1999, he launched Bigtree Entertainment, the parent company that owns the online ticket-booking venture BookMyShow.

    Ashish Hemrajani – Biography

    Name Ashish Hemrajani
    Born 1975
    Nationality Indian
    Hometown Mumbai, India
    Education Mithibai College, Mumbai, College of Commerce and Economics, Syndenham
    Profession Entrepreneur, Businessman
    Position Founder & CEO of BookMyShow
    Net Worth INR 3000 crore
    Marital Status Married

    Ashish Hemrajani – Personal Life & Family
    Ashish Hemrajani – Education
    Ashish Hemrajani – Professional Life
    Ashish Hemrajani – Success Story
    Ashish Hemrajani – Bigtree Entertainment
    Ashish Hemrajani – BookMyShow
    Ashish Hemrajani – Controversy
    Ashish Hemrajani – Awards

    Ashish Hemrajani – Personal Life & Family

    Ashish resides in Mumbai with his family since childhood. He was born to a wealthy family. His parents are really proud of him as he knew how to use his time effectively. They accorded that Ashish has been a disciplined, smart and hardworking person since childhood. Though he is not frank enough to display his personal life publicly through social media. He is now married and he gives all the credit to his family, wife and friends who helped and encouraged him throughout.

    Ashish Hemrajani – Education

    He did his schooling from Maneckji Cooper Education Trust, Mumbai. He pursued graduation from Mithbai College, Juhu. Later, he pursued MBA specialized in Marketing from College of Commerce and Economics, Syndenham. He received his masters degree in 1997. The college was distantly located from his house, around 30km distance.

    Ashish Hemrajani – Professional Life

    After completing MBA, he started his career working with the J. Walter Thompson company. He was responsible for account management and client management of the company. He went for a vacation to South Africa with his friends. He was motivated enough to start his own bussiness. Later, he founded a company Bigtree Entertainment in 1999. The company later launched its portal BookMyShow for booking tickets online.


    How Does BookMyShow Make Money?
    BookMyShow is currently India’s largest online entertainment ticketing platform
    spread across 5 countries and operating in almost 60 cities. It was earlier running under the brand of Big Tree Entertainment Pvt Ltd. BookMyShow was founded by Ashish, Parikshit and Rajesh in the year 1999. It
    initial…


    Ashish Hemrajani – Success Story

    The idea of making an online ticket booking venture originated when he was listening to a radio program about Rugby ticket promotion. At that very time, an idea struck into his mind and he started investing his time and effort to build an online ticket booking services in India. He convinced two of his friends to quit their current job and help him in making his dream project a success in India. At that time, he was 24 and both his friends agreed to help him in his startup. In 1999, all three friends, Parikshit Dar, Rajesh Balpande and Ashish Hemrajani founded the company, Bigtree Entertainment Pvt. Ltd. The company faced many ups and downs, but Ashish as the CEO of the company stood against all the 0dds, until his venture escorted favorable outcomes. Multiplexes, a New Zealand based software company developed the first ticket selling software of BookMyShow. Bigtree Entertainment further launched BookMyShow, which started selling movie tickets through telephone and internet since 1999. There were no online payment systems available at that time in India. Thus the tickets were delivered to nearby places.

    Ashish Hemrajani – Bigtree Entertainment

    After the launch of Bigtree Entertainment, the company did not grew instantly but it has received admiration from the people gradually. The struggle phase of the company longed for years. This is because of the website based business globally and people were not familiar enough with the internet those days. Eventually the number of employees were reduced to be safe from the certainty of severe financial crisis. Ashish had a bumpy ride at the company but the phase passed gradually. He had a belief that the power of the internet would come one day and his idea will be applauded some day.

    The company entered the pleasant phase when it has received its first investment of Rs.2.5 Crore from J.P Morgan which ascribed the company to grow. The company started selling tickets for multiplex companies in India.


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    Ashish Hemrajani – BookMyShow

    On February 21, 2017, the parent company, Bigtree Entertainment officially launched BookMyShow.com and quickly expanded its operations to sell tickets online for movies, sports, events, concerts, etc. Though it was a tough time to gain online presence, Ashish managed to hold his patience with sincere efforts. BookMyShow also provided the feature to buy tickets of sports matches like IPL, ISL, etc.

    With the increase in the use of credit and debit cards, the growth in multiplex was thriving. The tickets were readily available at BookMyShow. People used the website and mobile application of BookMyShow to buy tickets conveniently. The online ticketing platform has erased the problem of longing for your turn while standing in the queue.

    The company has expanded its ventures in foreign countries as well. The net worth of BookMyShow counts to Rs 3000 crore today. In 2017, BookMyShow made a deal with PVR worth Rs 1000 crore to sell the unsold tickets online. This deal helped them in engrossing profits and attention. The company now employs over 400 people in offices in Mumbai, Delhi, Hyderabad, Chennai, Bangalore.

    BookMyShow has launched BookMyShow Stream on February 5, 2021. It will serve as an online platform to watch movies under the Transaction Video-on-Demand (TVOD) model, which will help the company keep pace with the latest movie releases and also aid in their battle against the coronavirus woes.

    On June 10, 2021, BookMyShow had to lay off 200 employees due to the second wave of the COVID-19-induced lockdown, which has further hit the company, compelling it to take such a step. Ashish Hemrajani has expressed his grief on parting from these employees on his Twitter handle and is also seeking outplacement for all of them.



    BookMyShow Success Story – Founders | Revenue | Business Model
    BookMyShow is India’s largest ticketing website. Read on to know more about BookMyShow’s story, founders, business and revenue model, acquisitions, valuation, net worth, and funding. Learn more from Bookmyshow wiki.


    Ashish Hemrajani – Controversy

    The authorities are investigating BookMyShow for allegedly helping with illegal ticket resales of the Coldplay concert scheduled for January 18, 19, and 21 of 2025 in Navi Mumbai, India.

    Ashish Hemrajani, and technical head have been called in by the Mumbai Police after tickets that cost INR 2,500 were being sold for up to INR 3 lakh. A lawyer filed a complaint saying this was a fraud. The police are looking into it, as reselling tickets for higher prices is against the Maharashtra Entertainment Act.

    In response, the police filed an FIR based on BookMyShow’s complaint, which names 30 suspects involved in selling fake tickets or reselling them at inflated prices, including individuals and websites like Viagogo. The FIR was filed by Pooja Mitra, the legal manager at BookMyShow, part of Big Tree Entertainment.

    Ashish Hemrajani – Awards

    Ashish Hemrajani Awards

    Ashish Hemrajani won the esteemed “Executive of the Year 2018” at The Ticketing Business Awards held at Emirates Old Trafford, Manchester, England. The award is the recognition of his progressive and visionary leadership, which has changed the history of booking tickets.

    Ashish won the prestigious BW Applause Person of The Year Award in 2019 for his outstanding contribution in the events and experiential domain in the 2nd edition of the award ceremony conducted at the Eros Hotel, New Delhi.

    FAQs

    Who is Ashish Hemrajani?

    Ashish Hemrajani is the founder and CEO of BookMyShow.

    What is Ashish Hemrajani age?

    Ashish Hemrajani is 45 years of age. He was born in 1975.

    What is Ashish Hemrajani education?

    Ashish Hemrajani pursued graduation from Mithbai College, Mumbai. Later, he pursued MBA specialized in Marketing from College of Commerce and Economics, Syndenham.

    Who is Ashish Hemrajani wife?

    Nilima Hemrajani is the wife of Ashish Hemrajani.

    What is Ashish Hemrajani net worth?

    BookMyShow founder, Ashish Hemrajani net worth is INR 3000 crore (2024).

    Who is BookMyShow Owner?

    Bigtree Entertainment is the owner of BookMyShow.

  • Ratan Tata: Reflecting on the Life, Legacy, and Philanthropy of India’s Business Icon

    The passing of Ratan Tata on October 9, 2024, at the age of 86, has left India in deep mourning. He passed away due to health complications in Mumbai’s Breach Candy Hospital, leaving behind an extraordinary legacy.

    It is obvious that there are hardly any Indians who have not benefitted from his work. Very few humans create such a great impact in the lives of millions. Let’s dive into the life and story of this incredible human, who not only helped grow the Tata Group into a global company but also showed great kindness and dedication to social causes.

    Ratan Tata – Biography

    Name Ratan Naval Tata
    Birth December 28, 1937
    Place of Birth Mumbai, India
    Education Cornell University (Bachelors in Architecture) Harvard Business School (Advanced Management Program)
    Former Title Chairman Emeritus of Tata Group
    Parents Naval Tata and Soonoo Tata
    Died October 9, 2024

    Ratan Tata – Early Life and Education
    Ratan Tata – Career
    Ratan Tata – Personal Life
    Ratan Tata – Key Milestones
    Ratan Tata – Philanthropy
    Ratan Tata – Love From the People
    Ratan Tata – Awards
    Ratan Tata – Best Quotes

    Ratan Tata – Early Life and Education

    Ratan Naval Tata was born on December 28, 1937, into the distinguished Tata family. Despite being born into one of India’s most well-known industrial families, Ratan had a humble and grounded upbringing. After his parents’ separation, he was raised by his grandmother, Lady Navajbai Tata, a key influence in shaping his strong sense of values.

    Ratan’s formal education took him overseas. He did his schooling at Campion and then at Cathedral and John Connon in Mumbai. Later, he pursued a degree in Architecture from Cornell University. His time at Cornell was crucial, helping him develop a unique way of thinking. He learned to combine creativity with practical problem-solving, which would later define his approach to business.

    After working with the various branches at Tata, he went on to pursue the Advanced Management Program at Harvard Business School and completed it in 1975.

    Ratan Tata – Career

    Ratan Tata began his career in 1962, on the shop floor of the plant of Tata Engineering and Locomotive Company in Jamshedpur, where he worked alongside blue-collar workers, learning the ropes of the business from the ground up. His modest entry into the family business is a testament to his character. He didn’t simply rely on his family’s name but instead chose to work his way up, proving his mettle.

    After passing his years in diligent learning, collecting experiences, and handling responsibilities at various parts of the Tata Group, he went on to take up the greatest responsibility of his career.

    In 1991, he took over as the Chairman of Tata Sons, succeeding the legendary J.R.D. Tata. It was a challenging time for India, with economic liberalization just beginning. However, Ratan Tata was quick to recognize the changing tides and led the Tata Group through a series of strategic global acquisitions, including Tetley Tea, Jaguar Land Rover, and Corus Steel. These moves not only expanded Tata’s footprint globally but also transformed it into a truly international conglomerate.


    Tata Case Study | Success Story Of The Tata Group
    Case study of Tata Group, an Indian global aggregate holding organization headquartered in Mumbai, established in 1868 by Jamsetji Tata. Read More!


    Ratan Tata – Personal Life

    Despite his towering presence in the business world, Ratan Tata remained a private person. He never married, choosing instead to dedicate his life to his work and philanthropy. Known for his humility and grounded nature, he always sought to keep a low profile, often steering clear of the limelight despite his immense popularity.

    He was also known for his love for cars, aviation, and architecture—interests that reflected his versatile personality. He was an avid pilot and continued to fly well into his 70s. Tata’s love for flying extended beyond civilian aircraft. In 2007, at 69 years old, he made history by flying an F-16 fighter jet at the Bengaluru Aero event, becoming the oldest Indian to pilot an F-16. His passion for architecture stayed with him, and he remained involved in the field, even serving on the jury of the prestigious Pritzker Architecture Prize from 2014 to 2019.

    Ratan Tata – Key Milestones

    Under Ratan Tata’s leadership, the Tata Group achieved significant milestones. One of the most notable was the launch of the Tata Nano, the world’s cheapest car, aimed at providing affordable transportation to millions of Indians. Although the car did not succeed commercially, it was a testament to Tata’s vision of making products that would benefit the common man.

    He also played a key role in acquiring several international brands, making Tata Group a global entity. His leadership brought Tata Consultancy Services (TCS) to the forefront of the IT industry, making it one of the most valuable IT companies in the world.

    Tata’s decision to retire in 2012 marked the end of an era. However, even after stepping down as chairman, he continued to serve as the Chairman Emeritus and remained deeply involved in various philanthropic activities through the Tata Trusts.


    13 Intriguing Facts You Might Not Know About the Tata Group
    Tata Group is an Indian multinational conglomerate founded by Jamshedji Tata. Take a look at some of the most interesting facts about Tata Group.


    Ratan Tata – Philanthropy

    Ratan Tata’s legacy isn’t just confined to the boardroom. His contributions to philanthropy have left a permanent mark on India. He was known for his deep commitment to causes such as education, healthcare, and rural development. Under his leadership, Tata Trusts became one of the largest and most active philanthropic organizations in India.

    His love for the welfare of his employees was very evident during the 26/11 Mumbai terror attacks. After the attacks, Tata personally visited the families of those affected, ensuring they received the support they needed.

    He was also a firm believer in promoting education. His generous donations to institutions like Cornell University and the Tata Institute of Social Sciences helped in shaping future generations.

    He was instrumental in setting up the Tata-Cornell Institute for Agriculture and Nutrition, which focuses on reducing poverty and improving nutrition in India and beyond.

    His compassion extended beyond just humans; he was known for his love for animals, especially the stray dogs he looked after at the Tata headquarters in Mumbai​.

    He once said,

    šŸ’”
    One day you will realize that material things mean nothing. All that matters is the well-being of the people you love.

    Ratan Tata – Love From the People

    Ratan Tata was often seen interacting with employees, whether on the factory floor or at the office, listening to their concerns and sharing their joys.

    His widespread popularity stemmed not just from his role as an industrial titan, but from his genuine kindness and deep empathy for everyone around him.

    One major factor that sets him apart from others is his humility and sense of compassion towards others. Even though he was one of the most powerful industrialists in India, that did not create any impact on his simplicity and genuine concern for others.

    That’s the reason his death has created such a wave of grief & sadness among the millions of Indians.

    Ratan Tata – Awards

    Ratan Tata Honored with Padma Vibhushan and Padma Bhushan | Padma Vibhushan Ratan Tata
    Ratan Tata Honored with Padma Vibhushan and Padma Bhushan

    Among the major recognitions and awards that Ratan has received, the most prestigious one is the Padma Vibhushan, the country’s second-highest civilian honor, which the Government of India awarded him in 2008. Other key honors include the Order of Australia (2023), Assam Baibhav (2021), Honorary Knight Grand Cross of the Order of the British Empire (2014), Maharashtra Bhushan (2006), and Padma Bhushan (2000).

    Ratan Tata – Best Quotes

    Take the stones people throw at you, and use them to build a monument.

    I don’t believe in making the right decisions. I take decisions and then make them right.

    I don’t believe in work-life balance. I believe in work-life integration. Make your work and life meaningful.

    A Legacy to Remember

    Ratan Tata’s passing marks the end of an era for India. As tributes pour in from across the world, it is clear that his legacy is not just one of corporate success, but of kindness, vision, and an unwavering commitment to making the world a better place.

    His contributions to both business and society will continue to inspire generations to come. Ratan Tata may have left us, but his spirit, values, and legacy will endure forever​.

    FAQs

    Who was Ratan Tata?

    Ratan Tata was a well-known Indian industrialist and philanthropist. He was Chairman Emeritus of the Tata Group and worked to grow the company globally while supporting education and healthcare initiatives in India.

    What’s Ratan Naval Tata date of birth?

    Ratan Naval Tata was born on 28 December 1937 in Bombay (now Mumbai).

    When did Ratan Tata pass away?

    Ratan Tata passed away on October 9, 2024, at the age of 86 due to health complications.

    Was Ratan Tata a Padma Vibhushan recipient?

    Ratan Tata was awarded the Padma Vibhushan in 2008, which is India’s second-highest civilian honor. He received this award for his exceptional contributions to industry and philanthropy in India.

    What was Ratan Tata’s educational background?

    Ratan Tata graduated with a degree in Architecture from Cornell University and completed the Advanced Management Program at Harvard Business School.

    What are some key Ratan Tata quotes on education?

    Some of the prominent Ratan Tata’s quotes on education are:

    • Don’t educate your children to be rich. Educate them to be happy, so when they grow up, they will know the value of things, not the price.
    • Your real learning starts now as you go into the real world. The tools have been given to you, but what you make in life is what you do after you graduate.
  • Kunal Bahl: The Newest Shark in Shark Tank India

    The startup circuit at present is filled with intensive competition that transcends genres. Consider the food-tech startup segment; Zomato and Swiggy are using every possible strategy to increase their reach. Such rivalry can also be in the social media space with brands like Facebook, Twitter, and others fighting for bragging rights.

    The Indian startup sector is also at the fore of competitiveness and the stories of Flipkart, Ola, Zomato, OYO, and whatnot attest to this claim. The eCommerce segment in India is interesting. Amazon, Flipkart, etc. know the value that Indian customers bring to the table. With marketing stints like end-of-season sales, these giants are leaving no stone unturned to establish dominance. Snapdeal is one such successful behemoth that has pumped up the e-commerce/retail domain. The credit for its brilliance could largely be attributed to one man, Kunal Bahl. A failed attempt at getting into the IITs didn’t deter this gritty man from amazing milestones that people only dream of, with Snapdeal being the biggest of them all.

    Learn about Kunal Bahl, his education, career, family, Snapdeal, Titan Capital, his entry into the Shark Tank India season 4, and more from this article.

    Kunal Bahl – Biography

    Name Kunal Bahl
    Born 1 January 1984
    Born Place New Delhi, India
    Nationality Indian
    Education B.S.E in Entrepreneurship, Operation & Information Management, Wharton B.A.S in Engineering
    Profession Entrepreneur, Investor
    Position Co-founder of Snapdeal and Titan Capital

    Kunal Bahl – Early Life & Education
    Kunal Bahl – Personal Life
    Kunal Bahl – Snapdeal
    Kunal Bahl – Professional Life
    Kunal Bahl – Investments
    Kunal Bahl – Philanthropy
    Kunal Bahl – Shark Tank India
    Kunal Bahl – Awards & Recognitions
    Kunal Bahl – Advice To Budding Entrepreneurs
    Kunal Bahl – An Inspiration For Many

    Kunal Bahl – Early Life & Education

    Kunal Bahl grew up in India and went to Delhi Public School R.K. Puram for his early education. He later studied at the University of Pennsylvania, where he joined the prestigious Jerome Fisher Program in Management and Technology. He secured two bachelor’s degrees—one in Entrepreneurship, Operations & Information Management from The Wharton School and another in Engineering from the School of Engineering and Applied Science respectively. He also completed an executive marketing program at the Kellogg School of Management to further build his business skills.

    During his stay in the United States, he launched a detergent company whose products were sold at Walmart stores. He had to return to India in 2008 due to some visa complications.

    Kunal Bahl – Personal Life

    Kunal Bahl tends to keep his personal life relatively private, focusing more on his professional journey and entrepreneurial ventures. However, it is known that he is married to Yashna Bahl.

    Kunal Bahl with wife Yashna Bahl
    Kunal Bahl with wife Yashna Bahl

    Bahl is also known for his interests outside of business. He enjoys reading and often shares insights from books on social media. He is passionate about technology, innovation, and mentoring young entrepreneurs. Despite the challenges faced in the competitive eCommerce space, Kunal has maintained a positive and resilient approach, balancing his work and personal life effectively.

    Kunal Bahl – Snapdeal

    Kunal joined Rohit Bansal, his childhood friend who was working for CapitalOne at that time, to get his hands in entrepreneurship. They launched an offline couponing business in 2007-08. The internet was taking baby steps towards popularity during that phase. A couple of merchants working with the duo asked them to shift to an online platform. They then registered a domain and named it ‘Snapdeal.com’. There were a lot of glitches in the beginning and Kunal-Rohit made a lot of mistakes. Slowly, they improved Snapdeal’s condition by tracking the customers’ preferences and using feedback. After consistent improvisations, the site was on the path to profitability.

    After setting up the online platform, there was no stopping for the duo. They began hiring people. Today, Kunal credits Snapdeal’s success to his employees. The company had no plants and machinery and the team felt that the venture’s success pivoted on the workers; determination. His co-worker Vani Kola’s inputs were crucial for Snapdeal. The company grew from a team of 30 to a family of 150. The team also has a dedicated sub-team that takes care of Snapdeal’s cultural aspects.

    Vani in turn credits Kunal and Rohit for Snapdeal’s fortunes. According to her, the duo had a great ability to listen, learn, and absorb like ā€œspongesā€. They had unmatched confidence and trust and kept executing their plans diligently. The duo welcomed innovative ideas from their employees without any bias. When it came to HR practices, they focused on their workers’ self-improvement and progress, and there was intense cross-learning and skilling.

    Kunal’s philosophy was to hire people on demand. He sought 100% customer satisfaction. The willingness to fulfill the customer’s needs paved the way for Snapdeal to create the largest assortment of products in the country in 6 months. There were around 2000 brands and merchants selling their products through Snapdeal.

    In 2022, the company rebranded itself as AceVector, which includes several businesses like Snapdeal, Unicommerce, and Stellar Brands. Under Kunal Bahl’s leadership, AceVector has transformed the Indian eCommerce market by using new distribution channels, brands, and platforms.


    Snapdeal: Streamlining Ecommerce with Focus on Growth and Efficiency | Business Model | Founders | Net Worth
    Snapdeal is an Indian eCommerce company. Read about Snapdeal, founders, acquisitions, competitors, funding, business model, revenue, and valuation. For more information visit Snapdeal Wikipedia.


    Kunal’s Learnings And Snapdeal’s Culture

    Kunal describes Snapdeal’s culture as ā€œsmart, generous, and humbleā€. According to him, culture determines a company’s pace of growth. He cites the ability to solve problems as a catalyst for an organization’s progression. A team’s capability to remain objective helps in all-round development. Kunal attributes Snapdeal’s potential to scale faster than rival companies in topping the charts. Vani’s role in handling people was a differentiator.

    Kunal Bahl – Professional Life

    In 2015, when Kunal Bahl and Rahul Bansal were fresh from co-founding Snapdeal, they built another company from scratch, Titan Capital. The fund company was created to support entrepreneurs with innovative ideas and futuristic startup ventures financially.

    Titan Capital has invested in companies like Ola, Urban Company, Mamaearth, Credgenics, Shadowfax, Razorpay, and Giva. Notably, Titan Capital, which uses the personal funds of Kunal and Rohit Bansal, has achieved returns of over 100 times on several investments, including Ola, Urban Company, and Mamaearth.

    Kunal Bahl also holds several important positions. He is on the board of governors for the Indian Council for Research on International Economic Relations, a member of the executive council of NASSCOM, and chairs the Confederation of Indian Industry (CII) National Committee on Ecommerce. He is also a member of the National Startup Advisory Council.

    He also serves as an Independent Director on the Board of Piramal Enterprises.

    Kunal Bahl – Investments

    In addition to his success with Snapdeal, Kunal Bahl gained recognition for believing in Bhavish Aggarwal’s ambitious business idea, Ola Cabs now Ola Consumer. Kunal introduced Ola to Rohit Bansal, and together, they invested $60,000 in Bhavish’s venture. This investment turned out to be a brilliant decision. Kunal Bahl has made 255 investments including Urban Company, Razorpay, and many more. As an investor, Bahl has 22 exits and 7 Unicorns.

    Kunal Bahl – Philanthropy

    As the company grew, Kunal and his team decided to install a hand pump in villages. This step changed the lives of hundreds. Kunal says that Snapdeal grows by leaps and bounds, and he and his team will improve the conditions of the society’s backward section by providing necessities. His vision is to make Snapdeal India’s number one B2C marketplace. He wants his company to be the home to the most admired alumni in India.

    Kunal Bahl – Shark Tank India

    Kunal Bahl - Shark Tank India Season 4
    Kunal Bahl – Shark Tank India Season 4

    Kunal Bahl is the newest shark on Shark Tank India season 4, replacing Zomato CEO Deepinder Goyal. He will join the show alongside other investors like Ritesh Agarwal, founder of OYO; Namita Thapar, executive director of Emcure Pharmaceuticals; Aman Gupta, co-founder of boAt; and Anupam Mittal from People Group.

    Before this, Kunal Bahl appeared as one of the three judges on Prime Video’s reality show Mission Start Ab aired on 19 December 2023, where 10 founders competed for mentorship and funding.


    Who is the Richest Shark in Shark Tank India?
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    Kunal Bahl – Awards & Recognitions

    Kunal Bhal has been awarded with the following awards:

    • BMA Entrepreneur of the Year 2014 
    • ET Top 50 Entrepreneurs of India 2014
    • Ranked 25 on Fortune 40 under 40 most influential business leaders list 2014 
    • EY Entrepreneur of the Year – Startup 2014 
    • Nasscom NextGen Entrepreneur 2014 
    • The Economic Times Entrepreneur of the Year Award 2015
    • AIMA Transformational Business Leader of the Year 
    • Indian Affairs Business Leader of the Year 2015 
    • The Joseph Wharton Award for Young Leadership 2018
    • The Economic Times Comeback Award 2019

    Kunal Bahl – Advice To Budding Entrepreneurs

    Kunal advises entrepreneurs not to invest in monetary growth. The willingness to serve society is what entrepreneurs should look out for. He asks people to focus on the social dimension rather than only focusing on earning money. According to him, if the company provides good service or has something unique to offer, customer retention is bound to happen. As almost 75% of the website visits are organic without the help of advertisements, Snapdeal has performed very well when it comes to customer satisfaction. A customer buying a diamond ring was the best purchase for Kunal ever since Snapdeal was conceived.

    Kunal Bahl – An Inspiration For Many

    The credit for Snapdeal’s continual growth as an e-commerce giant goes to Kunal and his leadership in collaboration with Rohit. His open-minded approach towards employees and customers was instrumental in Snapdeal’s progression. While other e-commerce platforms focused on advertisements to seek customers, Snapdeal was confident enough in its service to lure buyers. Kunal, with his unique vision, is truly a role model for many entrepreneurs.

    FAQs

    Who is Kunal Bahl?

    Kunal Bahl is the co-founder of Snapdeal and Titan Capital.

    When was Snapdeal founded?

    Snapdeal was founded in 2010.

    What does Snapdeal do?

    Snapdeal stands as India’s premier pure-play value eCommerce platform, ranking among the top online lifestyle destinations. Snapdeal comes under AceVector Group. With a commitment to provide high-quality products at competitive prices, Snapdeal wants to make shopping enjoyable and dependable for the people of Bharat.

    Who is Kunal Bahl wife?

    Yashna Bahl is Kunal Bahl’s wife.

    What is Kunal Bahl age?

    Kunal Bahl was born on 1 January, 1984. He is 40 years old.

    What is Kunal Bahl education?

    Kunal Bahl pursued his education at prestigious institutions. He completed a dual degree in Marketing and Operations Strategy from The Wharton School and Systems Engineering from the University of Pennsylvania as part of the Jerome Fisher M&T Program from 2002 to 2006. Bahl also attended an Executive Program in Marketing at the Kellogg School of Management, Northwestern University.

  • Byju Raveendran: CAT 100% Scorer Who Did Not Join IIM

    Byju Raveendran’s remarkable journey from a humble village in Kerala to the global arena stands as a testament to the transformative power of passion, perseverance, and innovation. Through his pioneering venture, BYJU’S, he has not only revolutionized the learning experience for millions of students but also ignited a spirit of ambition among aspiring entrepreneurs. BYJU’S serves as a beacon of possibility, illustrating the profound impact visionary leadership coupled with a sincere drive for positive change can achieve.

    BYJU’S has redefined traditional education methods, inspiring a generation of educators and entrepreneurs to envision a future where learning is dynamic and inclusive. Byju Raveendran’s leadership continues to drive BYJU’S forward, pushing the boundaries of educational innovation and creating opportunities for learners on a global scale. His unwavering commitment to excellence fuels the company’s mission to provide accessible, high-quality education to all.

    In the ever-evolving landscape of education, BYJU’S remains at the forefront, challenging conventional norms and embracing technology-driven solutions to address the diverse needs of learners worldwide. Byju Raveendran’s vision for BYJU’S extends beyond mere academic success, it encompasses the holistic development of individuals, empowering them to thrive in an increasingly complex world.

    Learn about Byju Raveendran, his education, career, family, BYJU’S, and more from this article.

    Byju Raveendran – Biography

    Name Byju Raveendran
    Born 5 January, 1080
    Education Government Engineering College, Kannur
    Position Founder and CEO, BYJU’s

    Byju Raveendran – Personal Life & Education
    Byju Raveendran – Early Life
    Byju Raveendran – Career
    Byju Raveendran – Journey so Far
    Byju Raveendran – BYJU’s
    Byju Raveendran – Investments
    Byju Raveendran – Philanthropy
    Byju Raveendran – Controversies
    Byju Raveendran – Awards and Recognitions

    Byju Raveendran – Personal Life & Education

    Byju Raveendran was born on January 5th, 1980, in Azhikode village, Kerala, India, to Raveendran and Shobhanavalli, both teachers in Physics and Mathematics. Growing up, he attended a Malayalam medium school where his parents taught. He later pursued Mechanical Engineering at Government Engineering College, Kannur, and subsequently worked as a service engineer in a multinational shipping company.

    In 2009, Byju Raveendran married Divya Gokulnath, who was one of his early students. They have two sons together.

    Apart from his entrepreneurial and teaching endeavors, Byju Raveendran is also a skilled athlete, participating in six different sports including football, cricket, table tennis, and badminton at the university level. Referred to fondly as “Byju sir” by his students, he achieved a perfect score twice in the CAT exam. However, he chose not to attend any IIM. 

    Byju Raveendran – Early Life

    In 2003, during a break, Byju Raveendran lent a helping hand to his friends preparing for the CAT exam. His remarkable performance, scoring a perfect percentile, instilled confidence in his teaching abilities. Motivated by this success, he made a pivotal decision to leave his job two years later, committing himself to aiding others in their exam preparations. Byju Raveendran embarked on his entrepreneurial journey by establishing BYJU’S Classes in 2007, initially offering free mathematics workshops. As his reputation grew, so did the demand, leading him to transition to paid workshops. The popularity of his sessions soared, with attendance peaking at over 20,000 students at a single workshop. Recognizing the potential to reach a broader audience, Byju Raveendran began recording workshop sessions in 2009, laying the groundwork for future endeavors.

    Divya Gokulnath and Byju Raveendran
    Divya Gokulnath and Byju Raveendran

    In 2011, Byju Raveendran joined forces with his wife, Divya Gokulnath, whom he had met during his teaching ventures, to launch BYJU’S. Their collaboration marked the beginning of a new chapter, as they expanded their scope beyond test preparation to create educational content for school students. Encouragement from former students who had graduated from prestigious institutions like IIMs spurred them on this path, culminating in the formation of ‘Think and Learn Pvt Ltd’.

    Byju Raveendran – Career

    In 2015, BYJU’S introduced a mobile app designed by Byju Raveendran himself, tailored for student learning on handheld devices. The app’s reach expanded globally to the UK, US, and other English-speaking nations by October 2018. By July 2022, it garnered over 150 million downloads, with users spending an average of 71 minutes daily on the platform. The app caters to students preparing for various exams in India such as IIT-JEE, NEET, CAT, and IAS, as well as international exams like GRE and GMAT.

    Byju Raveendran – Journey so Far

    Since its inception, BYJU’S has undergone a phenomenal journey of growth and expansion, establishing itself as a frontrunner in the global educational technology landscape. Born out of humble beginnings in Bangalore, BYJU’S has transcended geographical boundaries to become a multinational powerhouse, operating in more than 50 countries worldwide. 

    At the heart of BYJU’S success lies a commitment to leveraging technology to transform the learning experience. Byju Raveendran, with his keen understanding of the educational landscape, recognized the immense potential of digital platforms in revolutionizing traditional teaching methods. With this vision, he embarked on a mission to democratize education, making quality learning accessible to students across diverse socio-economic backgrounds.

    BYJU’S app, conceptualized and crafted by Byju Raveendran himself, marked a paradigm shift in the way students engage with educational content. As smartphone screen sizes expanded, BYJU’S seized the opportunity to provide a convenient, on-the-go learning experience tailored for handheld devices. 

    In 2015, BYJU’S secured funding from prominent investors like Sequoia Capital and the Chan Zuckerberg Initiative, validating its vision and fueling its expansion.

    Byju’s relentless pursuit of innovation and user-centric design propelled its rapid expansion into international markets. By October 2018, BYJU’S app had made its mark in the United Kingdom, the United States, and other English-speaking countries, cementing its position as a global player in the edtech arena. The app’s intuitive interface, coupled with engaging content, resonated with learners worldwide.

    Financial milestones further underscored BYJU’S remarkable growth, with its valuation surpassing the $5 billion mark in 2019. The organization’s robust financial performance was reflected in its revenue growth and profitability, with revenues soaring from INR 490 crore in the preceding fiscal year to INR 1341 crore in 2019. 

    In January 2021, Byju Raveendran’s appointment as a non-official member of the National Startup Advisory Council underscored his stature as a visionary leader driving India’s entrepreneurial ecosystem forward. This recognition not only validated BYJU’S impact on the education sector but also positioned the organization as a catalyst for innovation and economic growth.

    The acquisition of Aakash Educational Services Ltd. in April 2021 marked a significant milestone in BYJU’S expansion strategy, signaling its foray into the test-prep segment. With a hefty investment of nearly $1 billion, BYJU’S demonstrated its commitment to diversifying its offerings and catering to a broader spectrum of learners. The strategic acquisition provided BYJU’S with access to Aakash’s extensive network of coaching centers and expertise in exam preparation, further enhancing its value proposition in the competitive education market.

    In March 2022, BYJU’S successfully concluded the funding round, securing $800 million from investors like Sumeru Ventures, Vitruvian Partners, and BlackRock. However, challenges emerged during the closing of the funding round in July 2022, with some investors citing macroeconomic reasons for their inability to transfer the agreed-upon amount. 

    By July 2022, BYJU’S app had amassed a staggering 150 million downloads, a testament to its widespread popularity and impact. 

    In July 2022, BYJU’S secured a substantial investment of $400 million during a venture capital financing round, underscoring investor confidence in its long-term vision and potential. 

    The organization embarked on an acquisition spree, with notable purchases including GeoGebra, Toppr, Great Learning, and Tynker. These strategic acquisitions further bolstered BYJU’S market position and product offerings, enabling it to cater to a diverse range of educational needs and preferences.

    Byju Raveendran – BYJU’s

    Since its establishment, BYJU’S has experienced tremendous growth, emerging as a leading player in the global edtech sector. Originating as a coaching center in Bangalore, it has expanded into a global entity, serving millions of users in India and beyond. BYJU’S offers a comprehensive range of courses spanning from kindergarten to post-graduation, covering diverse subjects and competitive exams.

    BYJU’S success is credited to Byju Raveendran’s dedication to innovation and excellence. Continuously seeking ways to enhance learning, he drives initiatives like school partnerships, business acquisitions, and product development.

    BYJU’S continually innovates and adapts to meet learners’ needs. Whether through new learning tools, market expansions, or collaborations with schools, the company stays at the forefront of educational advancement.

    At its core, BYJU’S provides personalized learning using technology. Through video lessons, quizzes, and adaptive algorithms, it caters to individual learning styles, ensuring effective comprehension and retention.


    BYJU’S: Successful Journey of India’s Most-Valued Startup!
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    Byju Raveendran – Investments

    Raveendran has made one investment to date, the details of which are as below:

    Announced Date Organization Funding Round
    March 11, 2022 BYJU’S Private Equity Round

    Byju Raveendran – Philanthropy

    In September 2020, BYJU’S introduced the “Education for All” Initiative, targeting children from marginalized backgrounds. One of the initiatives within this program is Byju’s Give, which commenced in November 2020. Through BYJU’S Give, the company collects old or unused smart devices, refurbishes them, and loads them with BYJU’S educational content. These devices are then distributed to children without internet access at no cost.

    Byju Raveendran – Controversies

    BYJU’S subsidiary, WhiteHat Jr., faced scrutiny from the Advertising Standards Council of India, resulting in the removal of five TV advertisements due to allegations of misleading content and aggressive sales tactics. Allegations surfaced regarding fabricated claims in social media advertisements involving a fictitious child named “Wolf Gupta.” Additionally, BYJU’S faced a defamation lawsuit in November 2020, which was later withdrawn, and experienced a data leak compromising the personal information of over 200,000 users.

    Concerns were raised by the Department of Consumer Affairs in June 2022 regarding aggressive sales practices and deceptive marketing strategies employed by BYJU’S and its affiliated entities, prompting recommendations for closer collaboration with the ASCI to address complaints.

    In April 2023, Indian authorities conducted a raid on Byju’s Bengaluru office over suspected violations of foreign exchange laws. The company faced further legal challenges, including a lawsuit from lenders in a US court alleging defaults on payments and breaches of loan agreements. BYJU’S refuted allegations of fund diversion through its US-based subsidiary, Alpha, and counter-sued the lenders for harassment following alleged non-payment of an interest installment. Layoffs ensued, and Deloitte Haskins and Sells resigned as auditors, citing delays in financial statement submissions. Three board members also resigned, leaving Byju Raveendran, Divya Gokulnath, and Riju Raveendran as the remaining members.

    On February 1, 2024, multiple shareholders initiated a call for a general meeting to address various concerns at BYJU’S, including calls for changes in the board of directors and leadership. In the same month, India’s economic intelligence and law enforcement body, the Enforcement Directorate, issued a lookout notice against Byju Raveendran. On February 23, shareholders voted to remove Byju Raveendran as CEO, with Byju Raveendran later disputing the validity of the vote due to insufficient attendance.


    BYJU’S Faces Legal Challenges: BCCI’s Insolvency Petition Accepted by NCLT
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    Byju Raveendran – Awards and Recognitions

    Raveendran has been recognized with the following awards:

    • 2017- The Indian Express IT Awards
    • 2019- Manorama News Newsmaker Award
    • 2020- Ernst & Young Finalist, Entrepreneur of the Year, India and Winner, Business Transformation Award
    • 2020-Fortune Magazine’s ’40 under 40′ list
    • 2021-Forbes India Leadership Award (FILA) Entrepreneur for the Year
    • In March 2017, Harvard Business School included a case study on Byju in its curriculum, marking a significant milestone for the company’s global recognition and prestige. This recognition is a testament to Byju’s impact and success beyond financial measures.

    FAQs

    Who is Byju Raveendran?

    Byju Raveendran is an Indian businessman, investor, and teacher. He co-founded BYJU’s, an educational company, along with his wife, Divya Gokulnath.

    Who is Byju Raveendran wife?

    Divya Gokulnath is the wife of Byju Raveendran.

    What happened to BYJU’S?

    BYJU’S, once one of India’s most successful startups with a value of $22 billion, faced a financial crisis as its debts grew. The high demand for online education during the COVID-19 lockdowns dropped afterward, leading to the company’s troubles.

  • Ankush Sachdeva: From 17 Failures to ShareChat Triumph

    When we talk about our present, Social Media is one of the prime things out there, that made a place in our life. There is hardly anyone who is not on social media. People use them to post about their daily life updates, consume entertainment, stay connected with acquaintances, and whatnot. In this scenario, one Indian decided to find a social media platform that would change the way Indians perceive social media.

    Ankush Sachdeva is the Chief Executive Officer (CEO) and Co-Founder of the Indian social media platforms, Sharechat and Moj, which were launched in 2015, and 2020 respectively. He supervises both the companies’ growth strategy and examines product development. Ankush Sachdeva is the Founder of Mohalla Tech Private Limited firm which owns Sharechat and Moj. Sharechat has over 180 million monthly active users and the app supports 15 Indian languages.

    Ankush Sachdeva – Biography

    Name Ankush Sachdeva
    Born 1992
    Born Place Ghaziabad
    Age 34 (2024)
    Nationality Indian
    Education IIT Kanpur
    Profession Computer Programmer & Entrepreneur
    Position CEO & Co-Founder, ShareChat and Moj

    Ankush Sachdeva – Education
    Ankush Sachdeva – Professional Life
    Ankush Sachdeva – Mohalla Tech
    Ankush Sachdeva – Sharechat
    Ankush Sachdeva – Moj
    Ankush Sachdeva – Honors & Awards

    Ankush Sachdeva – Education

    Ankush completed his primary education at Somerville School, Noida. He pursued B.Tech in Computer Engineering from the Indian Institute of Technology (IIT), Kanpur. He also was an intern at Microsoft Hyderabad for three months.

    Ankush Sachdeva – Professional Life

    The man whose inspiration was likes of He has been a part of the Programming Club of his college. He was a coordinator in the programming team for one year. Ankush Sachdeva is a computer programmer and entrepreneur who is the founder of two companies.

    Ankush with his IIT Kanpur friends, Bhanu Pratap Singh and Farid Ahsan, founded Mohalla Private Pvt. Ltd., which launched Sharechat in 2015. All three friends had a common passion for product development and product management, thus they came to work hand in hand and try something new. First of all, they tried to develop 14 to 16 products, including a crime data analyzer for the Delhi Police Department. This does not help them in gaining impactful results. The trio finally took their first step towards success when they propelled their social media platform, Sharechat.

    Mohalla Tech also launched Moj, which is a video-sharing app in the year 2020, the app experienced good popularity after the ban of TikTok.

    Initially, Ankush served as the Co-founder and Chief Product Officer of Sharechat for around two years. He later became the co-founder and CEO of Sharechat. He is holding his CEO position for the last few years.

    Ankush Sachdeva – Mohalla Tech

    Ankush Sachdeva established the parent company, Mohalla Tech Private Limited in 2015, which launched Sharechat and Moj. The company eventually got bigger after projecting the Indian social networking sites, Sharechat and Moj.

    Mohalla Tech acquired various companies including,

    • Transversal Tech, a short video-sharing platform
    • Elanic, an online fashion marketplace
    • Memer, a meme discovery and sharing platform
    • Circle Internet, a hyperlocal information platform

    Ankush has been escorting various ideas to make Sharechat a leading social media network in India.

    Ankush Sachdeva – Sharechat

    ShareChat Logo
    ShareChat Logo

    Ankush has been a part of Sharechat since the beginning. Sharechat allows users to share content from varied digital platforms to its own interface and vice versa. After 17 unsuccessful startup attempts, Ankush Sachdeva teamed up with his two friends from IIT, Farid Ahsan, and Bhanu Singh, for his 18th venture. Together, they launched the ShareChat app in October 2015.

    Sharechat is an Indian social networking site that provides content consumption and video-sharing platforms only in Indian vernacular languages. The headquarters of the company is in Bangalore, Karnataka, India. Currently, 600 employees work for the company.

    Currently, it offers its services in 15 Indian languages including Hindi, Punjabi, Marathi, Gujarati, Malayalam, Telugu, Tamil, Bengali, Haryanvi, Kannada, Rajasthani, Assamese, Bhojpuri, Odia and Urdu. The company aims to empower individuals by escorting them to share their experiences, voice their opinions, build relevant communities, and discover new trends and opportunities in their native language. The app scrolls down the use of English and encourages users to interact in their language by sharing varied content through Sharechat.

    As of 2024, the valuation of the company has dropped by 60% to under $2 billion from a $5 billion valuation in 2022. The company joined the Unicorn Club a long time ago.


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    Ankush Sachdeva – Moj

    Moj App Logo
    Moj App Logo

    Moj founded by Ankush Sachdeva, Bhanu Pratap Singh, and Farid Ahsan in 2020 is a video-sharing platform packed with features like special effects, emoticons, stickers, and short videos ranging from 15 seconds to one minute across categories like dance, travel, singing, acting, humor, and education. Available in 16 languages, including Hindi, Assamese, Bengali, and more, Moj allows users to download videos and caters to diverse audiences.

    Launched soon after the Indian government banned TikTok, Moj gained over 100 million downloads within just six months.


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    Ankush Sachdeva – Honors & Awards

    He won several honors and awards during his academic career. The following awards were won by him:

    • He received the first position at TechOlympics, in the Algorithmic Programming Contest held at IIT Bombay’s annual technical festival.
    • He received the first position at BattleCity, where he developed AI for the Tron game for an online bot versus bot-competition held at the annual technical festival of IIT Kanpur.
    • He won the Jury’s Choice Award at Yahoo HackU 2012 for developing an Android app within 24 hours to toggle the user’s ringing mode from loud to silent depending on his location preferences and accelerometer data.
    • He won the ACM ICPC Asia Regionals in December 2012.
    • Ankush Sachdeva was also listed on Forbes’30 under 30 Asia in 2018.
    • Ankush Sachdeva is the youngest entrepreneur featured in the inaugural ‘2024 Hurun India Under35s‘ list.

    FAQs

    Who is Ankush Sachdeva?

    Ankush Sachdeva is the co-founder and CEO of ShareChat and Moj.

    What is Ankur Sachdeva age?

    Born in 1992, Ankush is 32 years old (2024).

    Who founded ShareChat?

    ShareChat was founded by Ankush Sachdeva along with Farid Ahsan and Bhanu Singh.

    Is Moj under Mohalla Tech?

    Moj is under Mohalla Tech, it is a video-sharing and content-creating app.

    How many languages does ShareChat allow its audience to use?

    ShareChat allows 15 languages for its audience to use.

  • Mira Murati: The Visionary Behind OpenAI’s Breakthroughs Steps Into a New Chapter

    As the former interim CEO and Chief Technology Officer of OpenAI, Mira Murati is recognized not only for her credentials but also for her strong stance on the ethics of emerging technologies.

    Mira Murati, a 34-year-old Albanian woman, is a prominent figure in the field of artificial intelligence as AI continues to dominate the global landscape. Leading the development teams behind groundbreaking projects like ChatGPT and DALL-E, she has been passionate about ensuring the public understands the potential of AI, particularly in the healthcare sector.

    On September 25, 2024, after six and a half years with OpenAI, Murati announced her decision to step down as Chief Technology Officer. In a statement shared on X, Murati explained that “this moment feels right” for her to leave, highlighting OpenAI’s recent progress in the AI industry.

    She mentioned her desire to “create time and space for personal exploration” as the reason for her departure but emphasized her focus on ensuring a smooth transition and keeping up the momentum the team has built. Murati expressed gratitude for the chance to work with such a remarkable team at OpenAI.

    Along with Mira, VP Research Barret Zoph and Chief Research Officer Bob McGrew also announced their departures via X from OpenAI.

    Mira Murati – Biography

    Name Mira Maruti
    Birthplace Albania
    Born 16 December, 1988
    Nationality Albanian
    Education Mechanical Engineering, Dartmouth College
    Position Ex-CTO, Former Interim CEO, OpenAI

    Mira Murati – Early Life and Education
    Mira Murati – Career
    Mira Murati – OpenAI
    Mira Murati – Personal Life
    Mira Murati – Achievements

    Mira Murati – Early Life and Education

    Murati was born in Vlor, Albania, a nation in Southern Europe, on 16 December 1988. She went to Canada when she was 16 years old to attend Pearson College UWC, where she earned an International Baccalaureate diploma in 2007. She then attended Dartmouth College and earned a Bachelor of Engineering in mechanical engineering, where she also built a hybrid race car, graduating in 2012.

    Mira Murati – Career

    Murati began her career as an intern at Goldman Sachs in 2011, then moved on to Zodiac Aerospace from 2012 to 2013. She began her career at Tesla in 2013 as a senior product manager on the Model X, a luxury electric SUV. She began to genuinely engage with technology at Tesla, where she worked on early versions of Autopilot. In 2016, she left Tesla to join Leap Motion, a firm that creates motion-sensing technologies for virtual and augmented reality. There, she improved her skills in bridging the technical and human-computer interface divide. Drawn by the company’s mission to ensure that AGI benefits humanity, Murati joined OpenAI in 2018 as the Vice President of Applied AI and Partnerships. She was in charge of commercializing OpenAI’s products and enhancing them through human input. She also served on the leadership teams that created ChatGPT, Dall-E, and Codex, three of the world’s most sophisticated and dynamic AI systems.

    She recently joined the board of directors of Unlearn.AI, a startup specializing in the development of machine learning methods capable of diagnosing diseases and accelerating their treatment.

    Mira Murati – OpenAI

    Founded in 2015 as a non-profit to develop AI that is “safe and broadly beneficial,” OpenAI has evolved to become one of the world’s most powerful AI organizations. Murati was promoted to the position of CTO of OpenAI in May 2022, where she oversaw the company’s research, product, and safety departments. After the board of directors dismissed Sam Altman in November 2023, she was appointed as the interim CEO of OpenAI. Murati was then replaced by Emmett Shear as the interim CEO of OpenAI.

    Murati has constantly pushed for transparency and communication in the development of artificial intelligence, emphasizing the significance of open discourse and stakeholder participation. Murati is the company’s first female CEO and the first person of Albanian descent.
    As CEO, she was responsible for guiding OpenAI through a key transition time, combining her technological experience and business acumen to influence the company’s future course.

    Murati stated her goal for OpenAI in her first interaction as interim CEO: to create a future where AI is a force for good, empowering individuals and solving global concerns. She emphasized the importance of developing AI with safety, justice, and inclusion as guiding principles, ensuring that it benefits mankind as a whole. She believes that artificial intelligence has the potential to solve some of the world’s most serious issues, such as climate change and healthcare. She is dedicated to harnessing the potential of artificial intelligence responsibly, ensuring that it becomes a tool for advancement rather than a danger to mankind.

    On September 25, 2024, Murati resigned as the CTO of OpenAI. She wrote on X:


    Mira Murati – Personal Life

    Murati’s favorite song is Radiohead’s Paranoid Android. She felt the song to be layered, with references to society and technology. Her favorite book is Rainer Maria Rilke’s Duino Elegies, a collection of poetry. She received it as a present. She was moved by the depth and beauty of the poems. 2001: A Space Odyssey is her favorite film.


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    Mira Murati – Achievements

    • Led the development of ChatGPT, Dall-E, and Codex, three of the most sophisticated AI technologies in the world.
    • Oversaw the safety and responsible development of OpenAI’s AI technology.
    • Advocated for appropriate AI development and deployment.
    • Member of the Partnership on AI, a collection of prominent technology firms striving to set ethical norms for the development and use of AI.

    FAQs

    Who is the CEO of OpenAI?

    Sam Altman is the CEO of OpenAI.

    Is ChatGPT owned by Microsoft?

    ChatGPT is an AI chatbot developed and owned by OpenAI and counts Microsoft among its notable investors.

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  • Trishneet Arora: Leading the Charge in the Global Fight Against Cybercrime

    Trishneet Arora is an Indian Entrepreneur, Ethical Hacker, and Author. He is the Founder and Chief Executive Officer (CEO) of the cyber security company, TAC Security Solutions. He has written several books based on cyber security, ethical hacking, and web defense. He was bestowed with the Entrepreneur of the Year award in 2020 by the Entrepreneur magazine in the Security Services Category.

    He was named in the Fortune 40 Under 40 2019 list of India’s Brightest Business Minds. He was listed in the Forbes 30 Under 30 2018 Asia list. He is profoundly known as Mark Zuckerberg of India and is highly praised for what he has achieved in his tender 20s. Moreover, his company is predicted to achieve a $1 billion net worth in the next year. With Trishneet Arora’s net worth of around INR 1100 crore at the age of just 30, let’s look at how Trishneet’s journey has been from a middle-class family to get into the esteemed Forbes List.

    Learn more about Trishneet Arora, his net worth, education, family, TAC Security, and more from this article. This story of Trishneet Arora will surely spark some inspiration & dedication in many!

    Trishneet Arora – Biography

    Name Trishneet Arora
    Born 2 November, 1993
    Birthplace Ludhiana, India
    Nationality Indian
    Profession Entrepreneur; Ethical Hacker; Author
    Position Founder, Director & CEO, TAC Security
    Net Worth INR 1,100 crore (2024)

    Trishneet Arora- Journey From a Middle Class Family to Forbes List
    Trishneet Arora- Personal Life
    Trishneet Arora- Education
    Trishneet Arora- Professional Life
    Trishneet Arora- CEO of TAC Security
    Trishneet Arora- Success Story
    Trishneet Arora- Honors & Awards

    Trishneet Arora- Journey From a Middle Class Family to Forbes List

    Trishneet Arora Net worth, Biography
    Trishneet Arora Story

    Trishneet Arora- Personal Life

    Trishneet was born in Ludhiana, Punjab, India. He came from a middle-class family. He had no background in computer engineering or so in his family. His parents were not happy with his studies as he was solely interested in the technical knowledge of computers and hardly liked the theoretical structure of school education. His passion grew from playing video games to cordially understanding the hardware of the system.

    Trishneet Arora- Education

    Trishneet had no interest in the formal structure of school education. He failed in standard 8th but his technical knowledge led him to cross a milestone in his professional career. Not much is known about his further education and qualifications.

    However, his fascination for computers did not let him focus anywhere else. He focused only on learning new computer skills and techniques. Gradually, he became fascinated with ethical hacking. He read international books that helped him to learn the required knowledge of computers and hacking.

    Trishneet Arora- Professional Life

    He has conducted several training sessions with the officials and helped the Punjab and Gujarat Police in investigating cyber crimes. Reliance Industries, Central Bureau of Investigation, Punjab Police, and Gujarat Police are some of his crucial clients.

    He is a cyber security expert and is also famous for authoring books like The Hacking Era, Hacking TALK with Trishneet Arora, and Hacking with Smart Phones. He held countless seminars, lectures, and workshops based on technical manuals throughout his career.

    At age 19, he started his own cyber security firm, TAC Security Solutions. The famous filmmaker Sunil Bohra is working on a biographical film based on the life of Trishneet Arora. The film is expected to be released soon with Hansal Mehta as the Director of the movie.


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    Trishneet Arora- CEO of TAC Security

    Trishneet serves as the Founder and CEO of TAC Security, headquartered in Mumbai, India. He founded the cyber security firm on 27 February 2013. The company has worked with Fortune 500 companies. It is considered one of the Empanelled Cyber Security Auditors for the Union Government, that manages UPI and NPCI.

    Trishneet Arora - TAC Security
    TAC Security

    The company offers protection to corporations against data theft and network vulnerabilities. It primarily provides vulnerability assessment and penetration testing services. He also asserted that there have been innumerable attacks against different portals of his company.

    The venture has four office locations across two countries. It also offers cyber security to various Indian companies including Reliance Industries. TAC Security raised Pre-Series “A” funding from Indian Investor Vijay Kedia in 2016. Before that, the firm had inducted the former Vice President of Cognizant, Subinder Khurana on its board.

    In June 2021, Tech Mahindra announced a partnership with Trishneet Arora’s cybersecurity firm, TAC Security. The partnership will leverage AI and user-friendly analytics to help reduce vulnerabilities across the entire IT stack to safeguard clients’ applications and infrastructure against cyber threats.

    Along with Tech Mahindra, TAC Security has partnered with 21 global partners from 9 countries, including Google, IBM, and Deloitte. TAC Security’s revenue has 1.5 times in FY 21-22 from the previous year of FY20-21.

    Trishneet Arora- Success Story

    He started his career in the IT field as a Tech Instructor. He variably made a good network by conducting sessions at many places. He eventually got recognized and was recommended to companies and government organizations for providing training in IT infrastructure and data security issues.

    While continuing with the offered work, he knew that someday he would build a promising future with a well-established cybersecurity firm. His hard work and determination led to the formation of his company, TAC Security Solutions, in 2012.

    The Gujarat Police Department officials were impressed by Trishneet’s speech, which was delivered in 2013 and they invited him to conduct a workshop for their crime division. His journey of competing with the criminals while working on cybercrime for the law started henceforth.

    Recently, Trishneet Arora announced that he will offer jobs to Agniveers. Agniveers are the candidates who will enroll under the Agneepath Scheme of the central government of India. They will be given 4 years of training in the armed forces of their choice to fulfill the dream of joining the Indian Army and serving the nation.

    ā€œAgniveers are an important asset to the society, our youth is the strength of the nation that would be an honour to give back, contribute and empower the youth. The people in reference are going to be empowered to be cyber warriors and we are grateful for their services so far,ā€ – Founder and CEO of TAC Security, Trishneet Arora.


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    Trishneet Arora- Honors & Awards

    The cyber security company, TAC Security has won more than 100 Awards globally in FY 21-22 by Forbes, Fortune 500, and more. Trishneet Arora also got many awards for his entrepreneurship.

    • Ranked 6th Youngest Rich Indian on Hurun Rich List (2024)
    • Listed in the Forbes India Top 100 Great People Managers (2020)
    • Conferred with Entrepreneur of the Year award (2020)
    • Listed in the Fortune India’s 40 Under 40 (2019)
    • St. Gallen Symposium listed his name in Leaders of Tomorrow (2018)
    • Listed in the Forbes Asia 30 Under 30
    • GQ Magazine listed him in the 50 most influential young Indians (2017)
    • Received Punjabi Icon Award from PCHB (2015)
    • The Chief Minister of Punjab, Parkash Singh Badal conferred him with the State Award on the 65th Republic Day (2014)

    FAQs

    Who is Trishneet Arora?

    Trishneet Arora is an Indian Entrepreneur, Ethical Hacker, and Author. He is the Founder, Director, and Chief Executive Officer (CEO) of the cybersecurity company, TAC Security Solutions.

    How much is Trishneet Arora Net Worth?

    Trishneet’s net worth is INR 1100 crore (September 2024).

    What is Trishneet Arora’s Education?

    Trishneet had no interest in the formal structure of school education. He failed in standard 8th but his technical knowledge led him to cross a milestone in his professional career.

    Where is Trishneet Arora from?

    TAC security founder, Trishneet Arora is from Ludhiana.

    What is TAC Security Solutions?

    TAC Security is a global leader in vulnerability management that protects Fortune 500 companies, leading enterprises, and governments around the world.

  • Jensen Huang: The Visionary Behind NVIDIA and the Future of Computing

    Jensen Huang is a Taiwanese-American business executive and entrepreneur known for co-founding NVIDIA Corporation, a leading technology company specializing in graphics processing units (GPUs) and artificial intelligence (AI). Almost 30 years ago, Jensen Huang co-founded graphics-chip maker NVIDIA along with his two friends, Chris Malachowsky and Curtis Priem.

    Recently, his net worth rose by $7 billion, making his real-time net worth $35.4 billion as of June 1st, 2023. This makes him the 37th richest person in the world.

    Jensen Huang is currently serving as the President and CEO of NVIDIA Corporation. He owns about 3.6% or 86.9 million shares of the company. NVIDIA is a platform for computing that operates at the intersection of graphics, HPC, and AI. As per recent reports, the company temporarily joined the exclusive club of $1 trillion companies, joining the likes of Apple, Google, and Microsoft. NVIDIA has its headquarters in Santa Clara, California with more than 10,000 employees, with its offices located in the United States, Europe, the Middle East, and Asia.

    Today, NVIDIA is making headlines for hitting a market value of $1 trillion. It is all because of Jensen Huang’s dedication, a story of humility, perseverance, and focus that has led the company to where it is today.

    Jensen Huang – Biography

    Name Hen-Hsun “Jensen” Huang
    Birthplace Tainan, Taiwan
    Born February 17, 1963
    Nationality Taiwanese-American
    Residence Los Altos, California
    Education Oregon State University(BS), Stanford University(MS)
    Profession Entrepreneur, Business Tycoon, Electrical Engineer
    Position Co-founder, President, and CEO, NVIDIA Corporation
    Net worth $101.5 billion (September 2024)
    Marital Status Married
    Spouse Lori Huang
    Children Two

    Jensen Huang – Early Life
    Jensen Huang – Career and Education
    Jensen Huang – Personal Life
    Jensen Huang – Founding of NVIDIA
    Jensen Huang – Investments/Philanthropic Initiatives
    Jensen Huang – Awards and Recognitions
    Jensen Huang – Unknown Facts
    Jensen Huang – Top Quotes

    Jensen Huang – Early Life

    The motherland of Jensen Huang is Taiwan’s Tainan. As a child, he did not have a very enjoyable life. He spent half of his childhood in Taiwan and Thailand. Shortly after, when he was nine years old, his family immigrated to the US. After a brief stay in Oneida, Kentucky, they eventually moved to Oregon, where he attended Aloha High School just outside of Portland.

    In an interview, Huang had mentioned, that his aunt and uncle, who had only recently immigrated to Washington state, sent Jensen and his brother inadvertently to Oneida Baptist Institute in Kentucky, which was regarded as a reform school rather than a prep school.

    As a kid, Jensen had to go through a lot. At his school, he used to clean toilets in the dorm. However, Huang says, it taught him to always do his best in everything. At the age of 15, Jensen Huang finished third in the junior doubles division of the U.S. Open Table Tennis Championship.

    Jensen Huang – Career and Education

    Huang showed an early interest in technology and engineering, which led him to pursue a degree in electrical engineering.

    Huang attended Oregon State University, where he earned his bachelor’s degree in electrical engineering in 1984. He later pursued a master’s degree in electrical engineering from Stanford University.

    He worked as an executive at LSI Logic and a microprocessor designer at Advanced Micro Devices, Inc. (AMD) after graduating from college. Huang co-founded NVIDIA in 1993 at the age of 30.

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    Jensen Huang – Personal Life

    Jensen Huang is known for being a private individual when it comes to his personal life. However, it is known, he met his future wife Lori Mills, who used to be his lab partner in his college freshman year. The couple has two children.

    Huang is a well-known figure in the technology sector, so his interviews and public appearances tend to be more about his work and the advancements of NVIDIA than about his personal life. He is known to keep a low-key and reserved demeanor, concentrating on his duties as NVIDIA’s CEO and the company’s influence on the technology industry.

    Jensen Huang – Founding of NVIDIA

    In 1993, Huang, along with Chris Malachowsky and Curtis Priem, co-founded NVIDIA Corporation. The company initially focused on producing graphics chips for gaming and multimedia applications. Huang has served as the company’s president and CEO from its inception. Under his leadership, the company grew to become a dominant player in the computer graphics industry. The company’s GPUs became widely used in gaming, professional visualization, data centers, and AI applications.

    Throughout his career, Jensen Huang has been known for his passion for technological innovation. Through his devotion, NVIDIA has consistently introduced groundbreaking products and technologies. Notable innovations include the development of the GeForce graphics cards, the CUDA parallel computing platform, and the invention of the GPU-based deep learning framework known as “cuDNN.”

    In addition, Huang has also fostered collaborations and partnerships with various industry leaders, including companies like Audi, BMW, Mercedes-Benz, and Microsoft, to integrate NVIDIA’s technology into their products and services. These partnerships have helped drive advancements in autonomous vehicles, robotics, healthcare, and other industries. Curtis Priem’s net worth is $30 million (2023).


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    Jensen Huang – Investments/Philanthropic Initiatives

    Jensen Huang has been involved in various philanthropic initiatives, including supporting education, research, and technology advancements.

    He has donated $30 million to Stanford University, his alma mater, to construct the new Jen-Hsun Huang School of Engineering Center. The structure is the second of Stanford’s Science and Engineering Quad’s four structures. It was created by Portland, Oregon’s Bora Architects, and it was finished in 2010. He has also donated $2 million to his alma mater Oneida Baptist Institute for the construction of Huang Hall, a new girls’ dormitory and classroom building.

    In addition, Huang gave his other former university, Oregon State University, $50 million in 2022 as part of a $200 million gift for the establishment of a supercomputing institute on campus.

    Furthermore, Jensen Huang has played a significant role in the establishment and management of NVIDIA Ventures, the venture capital arm of NVIDIA. NVIDIA Ventures focuses on investing in startups and companies that are aligned with NVIDIA’s strategic interests, including AI, autonomous vehicles, robotics, and more. The fund has invested in numerous promising companies, helping to foster innovation and drive industry advancements. Through NVIDIA, Jensen and his team have done over 43 investments. One of their recent investments was Ayar Labs on May 24, 2023, when they raised $25 million in funds.

    Jensen Huang – Awards and Recognitions

    Jensen Huang continues to lead NVIDIA as its CEO, driving the company’s growth and innovation in the fields of AI, graphics, and computing. His vision and dedication have played a pivotal role in shaping the modern technology landscape and establishing NVIDIA as a global leader in its industry. Having said that, Jensen Huang has received many prestigious awards in his life. Below is the list of awards won by him:

    • Entrepreneur of the Year (1999) – The award was conferred by Ernst & Young for recognizing Jensen Huang’s entrepreneurial journey and achievements
    • Dr. Morris Chang Exemplary Leadership Award (2003) –Awarded by the Fabless Semiconductor Association in recognition of Jensen Huang’s leadership in advancing the growth, innovation, and long-term prospects of the fabless semiconductor industry
    • Daniel J. Epstein Engineering Management Award – Awarded by the University of Southern California. He is also a recipient of an honorary doctorate from Oregon State University in 2009
    • Listed in World’s Top 50 Influencers (2018) – Jensen Huang was recognized in edge computing by the Edge 50
    • Best-performing CEO (2019) – Recognised by the Harvard Business Review, highlighting Huang’s leadership qualities
    • 100 most influential people in the world (2021) – Recognised by Time in their Time 100 annual list of 100 most influential people in the world
    • Robert N. Noyce Award (2021) – Granted by the Semiconductor Industry Association (SIA), recognizing Jensen Huang’s achievements in the semiconductor industry
    • Supplier CEO of the Year (2020) – Awarded by Eurostars AutomotiveNewsEurope, acknowledging Huang’s impressive contributions to the automotive and semiconductor industry
    • Best CEO of 2023 – Awarded by The Economist after the explosive dominance of NVIDIA’s fleet of AI GPUs
    • Jensen Huang to receive Lifetime Achievement Award at 2024 Engineering Emmys

    Jensen Huang – Unknown Facts

    While serving as the president and CEO of NVIDIA, Jensen Huang has more to his personality with some fascinating facts. Here are some lesser-known facts:

    • After Jeff Bezos of Amazon, Jensen Huang is the only other US CEO to surpass the trillion-dollar valuation threshold for a business they co-founded. NVIDIA only did so for a brief period, but it might do so again in the future.
    • Jensen Huang plays to play computer games, which is the main reason behind co-founding NVIDIA. Huang along with his two friends, wanted to improve the graphics of the PCs to enhance the gaming experience.
    • Jensen Huang co-founded NVIDIA on his 30th birthday.
    • Jensen Huang has a deep love for leather jackets. He is often seen wearing leather jackets, which have become somewhat of a trademark for him. He is known for his casual and approachable attire, often choosing leather jackets even at formal events.
    • Huang is an advocate for sustainable transportation and has a keen interest in electric cars. He has been an early adopter and supporter of electric vehicles, owning several electric cars himself.
    • Huang has a strong passion for visual arts. He has an appreciation for architecture, design, and aesthetics, which has influenced the design philosophy of NVIDIA’s products.

    Jensen Huang – Top Quotes

    Here are some of the top statements spoken by Jensen Huang during his various keynote speeches:

    • “The age of AI is in full throttle”
    • “This is an amazing time for the computer industry and the world, as the mobile cloud matures, the age of AI is beginning.”
    • “Software is eating the world, but AI is going to eat software.”
    • “People are going to use more and more AI. Acceleration is going to be the path forward for computing. These fundamental trends, I completely believe in them.”
    • “Someday trillions of AI devices and machines will populate the earth in homes, office buildings, warehouses, stores, farms, factories, and hospitals. In fact, the building themselves will be AIs with AIs moving about them. These AI will sense, infer, and act accordingly at the location.”

    Conclusion

    Jensen Huang Co-founded NVIDIA at the age of 30. Despite having a difficult childhood, his vision and dedication have played a pivotal role in shaping the modern technology landscape and establishing NVIDIA as a global leader in its industry. He is also a philanthropist, and his foundation has donated millions of dollars to education initiatives.

    FAQs

    Who is Jensen Huang?

    Jensen Huang is a Taiwanese-American business executive and entrepreneur known for co-founding NVIDIA Corporation, a leading technology company specializing in graphics processing units (GPUs) and artificial intelligence (AI).

    When was NVIDIA founded?

    Jensen Huang along with his other co-founders, founded NVIDIA in 1993.

    Who are the founders of NVIDIA?

     Jensen Huang, Curtis Priem, and Chris Malachowsky are the founders of NVIDIA.

    Who is the wife of Jensen Huang?

    Lori Huang is the wife of Jensen Huang.

    What is Jensen Huang nationality?

    Jensen Huang is a Taiwanese-American businessman.

    What is the net worth of Jensen Huang?

    The net worth of Jensen Huang is $101.5 billion (September 2024).

  • Amit Ramani: The Architect of Awfis’ Growth and Modern Work Solutions

    Amit Ramani’s story is anything but ordinary. Born on April 15, 1974, Amit’s passion for architecture wasn’t something people around him saw coming.

    The turning point? When Amit founded Awfis in 2015, India’s startup culture was booming, yet there was a massive gap in flexible, affordable office solutions. Mr. Ramani, always the forward-thinker, seized the moment. With his vast real estate and workplace strategy expertise, he brought Awfis Space Solutions Pvt. Ltd. to life, a tech-enabled platform offering everything from freelancer co-working hubs to complete office solutions for corporates.

    In this StartupTalky biography, we explore the milestones that defined Mr. Ramani’s career, the challenges he faced while establishing Awfis, and the unique solutions that have made his company a household name in the world of co-working spaces. 

    Amit Ramani – Biography

    Name Amit Ramani
    Born April 15, 1974
    Education School of Planning and Architecture, Delhi
    Occupation Real Estate, Facility Planning, Workplace Strategy
    Position Founder and CEO of Awfis Space Solutions
    Wife Simran Ramani
    Net worth $75 million

    Amit Ramani – Education

    Mr. Ramani’s academic path began at the prestigious School of Planning and Architecture in New Delhi, where he earned his B.Arch in 1994. But that was just the beginning of his exploration into the world of design and spaces. He packed his bags and headed to Kansas State University in the U.S., where he completed his master’s degree in Architecture in 1999. Amit’s passion for understanding how spaces shape experiences didn’t stop there—he went on to pursue a specialized master’s in Real Estate and Workplace Strategy from Cornell University in 2001, further honing his expertise in crafting efficient and inspiring environments.

    Amit Ramani – Career

    Before Amit became the mastermind behind Awfis, he gained valuable experience as a senior consultant at HOK, a global design, architecture,

    and engineering firm. His role there sharpened his business acumen, which he later applied in his work with Bank of America as a business partner. After spending 12 years in the U.S. learning the ropes of both architecture and business, Amit decided it was time to return to India and make his mark in his home country.

    Upon his return, Amit’s entrepreneurial journey truly began. He co-founded three ventures: NELSON, an architectural and design firm, Petra, a construction management company, and finally, Awfis, the co-working space that would change the landscape of flexible workspaces in India.

    Amit Ramani’s early career is a testament to how passion, combined with strategic education and hands-on experience, can lead to creating something transformative. His path wasn’t always straightforward, but each step brought him closer to revolutionizing the way people work.

    Amit Ramani – Journey with Awfis

    In just a few years, Mr. Amit Ramani, the visionary behind Awfis, has revolutionized the concept of coworking, transforming it into a tech-powered workspace solutions platform. What began as a simple flexible office space provider has evolved under his leadership into a comprehensive ecosystem, addressing every aspect of modern work needs. Awfis now offers everything from Flex Workspaces to Enterprise Solutions and custom Design & Build services through Awfis Transform. Thanks to Mr. Ramani’s forward-thinking approach, Awfis not only manages workspaces with its ‘Awfis Care’ platform but also supports remote working and work-from-home solutions, staying ahead of workplace trends.

    Today, Awfis boasts over 100 centers with more than 62,000 seats spread across 14 cities in India, all driven by Mr. Ramani’s mission to reshape the way people work. Whether it’s for freelancers, entrepreneurs, or large enterprises, Awfis creates adaptable and vibrant spaces for everyone. Its flexible leasing options—ranging from hourly bookings to yearly contracts—allow businesses to scale seamlessly while enjoying access to multiple locations across the country.

    Under Mr. Ramani’s guidance, Awfis has grown into far more than just a provider of desks and Wi-Fi. With fully equipped meeting rooms, printing services, and even a permanent business address, Awfis covers all the essentials of a modern office at highly competitive prices. Today, over 1,500 companies and 28,000 professionals, from innovative startups to Fortune 500 giants, call Awfis their workspace.

    Awfis achieved a 55.8% growth in revenue for the fiscal year ending March 2024. Its operational revenue increased from INR 545 crore in FY23 to INR 849 crore in FY24, as per the company’s consolidated financial statements filed with the stock exchange. Additionally, the firm’s losses were reduced by 61.8%, bringing the total loss down to INR 17.8 crore for FY24.

    Awfis Financials FY24
    Awfis Financials FY24

    Going beyond the physical space, Mr. Ramani has also ensured that Awfis fosters community and growth. The platform hosts over 500 exclusive events and workshops annually to encourage professional development and networking. Through its Rewards Program, Awfis has partnered with over 100 strategic service providers, making it the go-to solution for evolving business needs.

    Owing to Amit Ramani’s leadership, Awfis has become more than just a place to work—it’s a dynamic platform that adapts to the demands of the modern workforce.


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    Amit Ramani – Awards and Recognitions

    CEO Amit Ramani’s ringing of the bell at NSE India in June 2024, symbolized both marking a milestone and ushering in a new era for Awfis Space Solutions Limited and coworking in India. With Mr. Ramani at the helm, Awfis transformed from a single center in New Delhi to over 160 centers, from 1 city to 16, it took them more than 3000 days and nights to build Awfis. Today, as they become the first Indian company in the co-working category to successfully go public, their IPO reflects the relentless effort and innovation of their remarkable team, the unwavering support of their network, and the quiet faith of their community.

    • For the fourth year in a row, the Great Manager InstituteĀ® has honored Awfis and Mr. Amit Ramani by naming him one of the Top 25 CEOs, MDs, and Founders. This accolade is more than a personal achievement; it highlights the hard work and dedication of our incredible team at Awfis. Their relentless perseverance, innovative spirit, and steadfast commitment have been the key drivers of our success.
    • Mr. Amit Ramani is a key member of the Young President’s Organization (YPO) Delhi Chapter, which connects the top 200 business leaders and entrepreneurs in the community.
    • He’s been actively involved with the International Facilities Management Association (IFMA) and CoreNet for the past eight years and even serves on the board of CoreNet’s Charlotte Chapter. His insights on real estate strategy and creating effective workspaces have earned him a spot as a regular speaker at top industry events like the CoreNet Global Summit. His work has been featured in the Journal of Corporate Real Estate.
    • Beyond that, he’s also an active member of RICS and NASSCOM, continuously contributing to the industry. 
    • His impressive work in real estate and facility planning has won him the prestigious IFMA Foundation Award three years in a row. 
    • As a thought leader, Mr. Ramani has also shared his expertise as a guest lecturer at Cornell University, NYU, and Texas A&M, helping shape the next generation of professionals.

    Amit Ramani – Interests

    Amit Ramani is a man of many passions and his interests reflect a deep commitment to making a difference across various fields. From arts and culture to civil rights and social action, he’s driven by a desire to create positive change. His work in economic empowerment and education shows how much he values opportunities for growth and development, while his focus on health and science & technology keeps him at the cutting edge of innovation. Whether it’s through mentoring, speaking at global forums, or just his everyday work, Amit’s diverse interests keep him engaged and always thinking about the bigger picture.

    FAQs

    Who is Amit Ramani?

    Amit Ramani is the founder and CEO of Awfis Space Solutions.

    What is the net worth of Amit Ramani?

    The net worth of Amit Ramani is $75 million (2024).

    What is Awfis?

    Awfis (Awfis Space Solutions Private Limited) has been able to build a niche for itself within the ever-evolving coworking segment, largely owing to its unceasing commitment to providing high-grade workspaces and amenities at an affordable cost.