Dr. Vivek Bindra is a familiar person to most of us as a motivational speaker, YouTuber, and trainer in Entrepreneurship and leadership in India. It is very difficult to stay motivated throughout all walks of life and more difficult to make others feel the same.
Mr. Bindra stands out from the rest of us in this regard. He has many achievements that are commendable, and he was successful in changing the lives of many people. The number of subscribers and viewers on his YouTube channel is proof of this fact. He has the highest number of subscribers in the whole of Asia in the field of entrepreneurship and motivational speaking.
Vivek Bindra, born in 1982 in Delhi, experienced a challenging childhood without the luxury and peacefulness of a beautiful upbringing. Mr. Bindra’s father died when he was very young, and his mother was soon remarried. He has been recently married to Yanika, making their journey a new chapter in his life.
He has mentioned that he felt alone when everybody was busy with new things in life. Amidst the chaos, he completed his schooling at St. Xavierâs High School in Delhi. Furthermore, he did his Masters in Business Administration from Amity University, Noida. He is also the recipient of an honorary PhD from OIUM University of Colombo.
Vivek Bindra – A New Life
During his post-graduation, he was introduced to the Bhagavad Gita, which gave him insights and inspiration to be better in life. Even today, he carries forward and shares the knowledge of this holy book with his followers. He began his YouTube channel by incorporating his knowledge of business strategies and problem-solving.
The medium of communication was English. Realizing the potential of Hindi to reach a large set of people, he started doing his videos in Hindi in 2017. Through his unique approaches and constant engagement, his YouTube channel keeps growing even today, with more than 21 million subscribers.
The channel, named Dr. Vivek Bindra, has become extremely helpful to people, especially entrepreneurs in overcoming the struggles of life and gaining relevant knowledge in the corporate world. Today, he is an internationally acclaimed motivational speaker, successful entrepreneur, Leadership trainer, and CEO Coach.
Vivek Bindraâs YouTube channel is considered a âFree digital learning universityâ for entrepreneurs. He provides unique business strategies and frameworks for the people who wish to make the best out of business.
He is careful enough not to confine to the business elements but also helps people by providing insights on how to hold up during tough times. Apart from these, he also shares various case studies on different companies so as to improve the expertise of budding entrepreneurs. His treatment of business problems in various cases is widely accepted and appreciated across the country.
Vivek Bindra – Bada Business
Vivek Bindra – Bada Business
This organization, known as “Bada Business,” is the result of Vivek Bindra’s vision for leadership and entrepreneurial training. Established in 2010, Vivek Bindra’s business grew and became popular within its domain only because of its novel approach to training and mentoring.
They focus on providing end-to-end personality development to their clients. It is not too much to say that they have revolutionized the training industry for the better. Through their intervention, corporations have been able to immensely reduce the funds they have to spend on each employee at a significant level.
Inadvertently, it helped improve the company’s return on investment by more than 100%. This is done through their unique strategies in Training Process Outsourcing.
Across the process of training, Mr. Bindra and his team ensure that the learning is happening effectively and personalized attention is given to each and every trainee. Today, he is the most trusted employee trainer and CEO coach for over 1500 corporates across the world.
As a part of the Vivek Bindra company venture, he has also launched a mobile app named âBada Business App,â which provides two programs, namely âEverything About Entrepreneurshipâ and âProblem Solving Courses.â
By giving practical solutions and exposing viewers to relevant examples, these courses have become saviors for those who cannot afford an expensive entrepreneurial course or an MBA. He shows the way for aspiring entrepreneurs to lead through examples and experiences.
Vivek Bindra got married to Yanika on December 6, 2023. However, shortly after the wedding, Bindra was accused of assault and intentional insult under various sections, and a police complaint was lodged against him. The authorities are investigating the matter to determine the facts surrounding the allegations. This development has added a layer of complexity to Bindra’s post-marriage situation.
Conflict Between Sandeep Maheshwari and Vivek Bindra
Bindra and another motivational speaker, Sandeep Maheshwari, had a big argument. Bindra said Maheshwari tricked his followers into paying a lot for a course and got them involved in a scheme that the government didn’t like. Maheshwari made a video calling Bindra a “scammer,” where students said they paid a ton of money for a course that didn’t exist.
Sandeep Maheshwari Vs Vivek Bindra
The Morbi Controversy
Bindra got in trouble for saying bad things about the tiles made by a company after he visited their factory. The president of Morbi Ceramic Association didn’t like it and said Bindra should have known more before saying things that could make the company look bad on social media. The president also suggested that it would be better for Bindra to discuss any concerns directly with the company instead of sharing them online.
Disputes With the Sikh Community
In June 2022, Bindra faced backlash from the Sikh community because they thought he didn’t show Guru Gobind Singh correctly in one of his videos. Sikh groups and important leaders complained everywhere. The Shiromani Gurdwara Parbandhak Committee (SGPC) even sent him a legal notice. After that, Bindra said sorry and took down the video from his social media.
IMA Defamation Case
Bindra got into trouble with doctors in India because he made a video where he said bad things about them. He called them “murderers in white coats.” The doctors didn’t like it and took him to court, saying he was hurting their reputation. But Bindra said he had the right to say what he thinks. In the end, the court agreed with Bindra, and he won the case.
Conclusion
Dr. Vivek Bindraâs life is an example that you will never fail if your intentions are good. The service that he is doing to ensure equitable access to knowledge and expertise for aspiring entrepreneurs is commendable. He envisions empowering more people and contributing to India and the world economy. He believes that the more entrepreneurs become successful in India, the stronger India will be. He aims to further strengthen the corporate training sector to develop a generation of well-trained professionals who will take the nation to great heights.
However, Vivek Bindra has faced a series of controversies, from legal disputes with medical associations to conflicts within the Sikh community and allegations of exploitation. The recent assault accusations by his brother-in-law further intensify the scrutiny. These incidents raise concerns about Bindra’s public image and the impact on his professional standing.
FAQs
Who is Vivek Bindra?
Vivek Bindra is an Indian motivational speaker, leadership trainer, and founder of “Bada Business.”
Why is Vivek Bindra a Dr?
Vivek Bindra holds an honorary doctorate for his contributions to education and leadership training. He received his PhD from OIUM University of Colombo.
What is Vivek Bindra’s net worth?
The estimated net worth of Dr. Vivek Bindra is $11 million (2023).
What is the qualification of Vivek Bindra?
Dr. Vivek Bindra completed his schooling at St. Xavierâs High School in Delhi. Furthermore, he did his Masters in Business Administration from Amity University.
Who is Vivek Bindra’s Wife?
Yanika is the wife of Vivek Bindra. They got married on December 6, 2023.
What is Vivek Bindra’s business?
Vivek Bindra is the Founder and CEO of Bada Business Pvt. Ltd.
There is one important distinction between humans and animals. Yes, the brain is one department, but there is one more magical thing that we cannot unsee. That area is connected and working together. We, humans, are good at it, if not the best. If you look at the past of our species, you will notice that most of the most exceptional stuff that we have built or invented was because we could collaborate and connect with others. So, by collaborating, we can create amazing stuff. This thesis is important to keep in mind when we think about the present times. The present times are the time of the internet. Since the invention of computers, we have grown too much and can process data at godspeed. Then came the biggest invention of modern humans, the internet. The Internet is nothing but a connection of computers. A connection that is as big as the number of computers in the world.
The result or consequence of this move has been amazing for the longest time. We are all so connected and can work together from anywhere in the world. The Internet has changed the meaning of collaboration and has added a new facet to the economy. It has built something known as the Internet economy, which is the same as the normal economy except for the fact that it is online. Now, when there is some economy online, there will be some key players in that market, too. YouTube is one of the most famous marketplaces on the internet and has been responsible for creating many key players in the market and, of course, fortunes. In this article, we talk about one such hero of the internet economy, MrBeast, a YouTuber who has been making it to every news channel in the world. He is one of the most famous people on YouTube. He earns millions of money every year from YouTube and gives it all away for video production. Let us see how he is able to pull that off.
YouTube requires no introduction. It is the most comprehensive, most famous video-sharing website in the world. It is owned by Google, which is responsible for storing the worldâs data and making it accessible to the world. What is amazing about YouTube is that it is free, and everyone can participate in it; it is a website that gains from the community and grows because of the community, and it is only built for the community. It is free and easily accessible from everywhere in the world, where there is the Internet. You can find the most educational concentrated videos to the weirdest or dumbest of shit you have ever imagined.
On the one hand, YouTube is for viewing and just having fun; on the other hand, it is making fortunes for some individuals. Individuals who create videos for YouTube get some rights for the profit from advertisements that YouTube earns. MrBeast is one of the top performers in this segment; he is amazing in every way possible. To this day, he has been pushing the boundaries of his content curation game and is earning millions. It will not be a surprise that one day, he becomes the first YouTube billionaire. This is going to be a really comprehensive article about MrBeast’s income. Let us know who this guy is first.
The name of his channel is MrBeast, which is a pseudonym for his name. The guyâs real name is Jimmy Donaldson, and he started using YouTube by the time he was twelve-something. He slogged all these years with fewer views to become one of the biggest channels in the history of YouTube. He just does unbelievable stuff and records it and posts it online as content and people go crazy. If you look at the numbers at which this guy is operating, you will get a hundred percent shocked. By the way, he is super transparent with the statistics of his channel. He recently launched a physical burger store in an American mall and broke the record for most burgers sold by a single store in a day. If you think this is madness, go over to his YouTube videos, and you will see how insane stunts this guy pulls off.
MrBeast YouTube Subscribers Growth
Anyway, all the above-mentioned information is quite normal, and you probably know all this already. What you do not know is the game plan with which MrBeast operates. He earns millions of dollars of revenue every month from YouTube and Google AdSense. He, on the other hand, spends millions of dollars on his videos. So, how come this guy has managed to not go broke by now? As we learn about his game, we will figure all this out in this article. MrBeast is a businessman at the core and has shifted the whole YouTube content game many levels higher. This makes him the most viewed channel and inimitable, to say the least. Let us dive right into how he is able to earn money. What does the process look like? First, the process.
Behind the Channel
MrBeast is a typical YouTube channel. What he does differently is the content that he posts on his channels. He has no niche, and each video is worth more than 100 million views. Jimmy Donaldson, aka MrBeast, knows so much about content and audience reactions that he is able to spend millions on a single video. So the process is simple: Beast makes amazing videos, spends millions of dollars, and gets great views and shares in return. Peopleâs reactions and his large distribution system make him money. His main revenue sources are from the advertisements that run on the videos and sponsorships, if any. Once he gets the money that the video generates, he moves on to make another video, again spending millions and repeating the process one more time. Simple, isnât it?
Now, the question arises: how did he reach this significant level of operation? There can be multiple reasons for that; we are going to go through every detail behind the scenes. Let us see what his entrepreneurship process looks like:
A Big Feedback Loop
Ever since this guy, Jimmy, created his YouTube channel, he has been devoted to its analytics. He is devoted to its analytics as a religion. He follows up on every comment, like, and dislike that the viewers give to him. Ever since the beginning, he has been studying and reading and noticing everything about his world. His world is known to us as YouTube. He knows its audience, and he knows about their psychology. So the feedback loop is simply this: he uploads a video online, and the audience shares some feedback. He looks at the feedback and builds on top of that feedback, thus making better content for the audience. This is how a feedback loop is created, and MrBeast knows what the audience wants in disguise.
Iteration
The word iteration means ârepetition.â MrBeast is a successful venture not because he is repeating his work or producing some boring content online. The reality is that he is iterating his whole game plan. In every video, he goes all in. He spends all his money and assets to create some video that the world has never seen before. This way, he goes all in, and people get some epic content online. This strategy of going all in tells us that Mr Beast does not really care about money. In some videos, he was giving away millions of dollars; in another, he gave away a whole freaking island. All he cares about is making content that the work has never seen before. That is what drives this YouTube creator to push limits every time in his videos. That is iteration, a repetition of the habit of going all in to create something.
One of the most asked questions on the internet is about the income of YouTube creators. YouTube has not given any clear answer to this in any blog, and it also depends from region to region. Now Jimmy Donaldson, a.k .a. Mr. Beast, has to face some similar questions from his audience. Everyone wants to know how he can afford to give away this expensive stuff just for a video for YouTube. This is a valid question, and MrBeast has often been seen talking about this topic. He is a simple guy with some really dope, never-dying motivation to create mind-blowing content. In this paragraph, we will discuss how he is earning money.
Youtube Ads
It is not a surprise that MrBeast’s first income is from YouTube ads. The numbers on his YouTube videos are nothing short of mind-blowing. Every time he pushes the boundaries of content on the platform, people react with similar views, likes, shares, and comments. All that effort that he puts into creating these epic videos is worth it in the end when the audience reacts in a beautiful manner. So, the first income source is YouTube revenue, which the company provides to the creator as advertising benefits.
As we all know, YouTube is owned by Google, and Google can help people monetize ads on their content. So, it is synonymous with ad revenue. In other words, when you click on a MrBeast video, there will definitely be some videos that will pop up in between the videos. Those in between videos are advertisements that pay for the audience these videos garner. Now we see that Google Ad Sense or advertising revenue is the first income source of Jimmy Donaldson, aka MrBeast. This income source is one of the primary reasons why MrBeast is able to afford such expensive videos.
Sponsorships
YouTube revenue or Google Ad Sense revenue is not MrBeast’s only revenue source. There are many down there that most people donât even know of. Here, we will discuss the second income source. The second income source is from sponsorships. Once a person or a creator is able to garner a lot of hype and views, they become special. Every business wants them to speak about them in a good manner. This is where the sponsorships come into the picture. Examples might include Square’s pace and skill share. All these companies are famous for scoring sponsorships with YouTube content creators. Sponsorship is a good way of advertising to the audience to view. Most people who view content do not want to see ads, but sponsorship that is integrated into the video gets views.
In the case of MrBeast, he uses innovation in this matter, too. He very smartly brings up the names of the sponsors during the video, which increases brand visibility. In return, Jimmy gets some commission out of the sales, or sometimes it is a one-time fee. So we see that this is the second source of income for MrBeast, who is famous all over YouTube. Companies can pay hundreds of thousands of dollars for just some mention in the video. This is the power of distribution and the benefits that are reaped by creators like MrBeast. He also earns through his various business ventures. The list of all his business ventures are:
MrBeast Business Ventures
MrBeast – Business Ventures
Investments
MrBeast rules YouTube and makes loads of money, showing how the platform can let you be creative and make a bank. According to SocialBlade’s 2022 data, he pulls in $3-5 million monthly. His total net worth is unknown because he invests in new projects. Besides YouTube, he’s into business investments, being a successful young entrepreneur and a role model for up-and-coming artists.
Merchandise Sales
These sources seem never-ending, but thatâs good. Mr Beast sits in a very special position with his distribution. He has a very big audience. An audience that is crazy for him and super loyal, to say the least. MrBeastâs third income source is the merchandise that he sells. For a person who is as big as Jimmy on YouTube, it is a great business to start. Merchandise is some sort of stuff/clothes that is specifically connected with creators like MrBeast. He has his own clothing line, and it is supported by most of his audience built on the internet.
The Burger Restaurant
The next way of earning revenue is something really different. Every few people have done this in the past. MrBeast has recently started a burger chain. The burger restaurant that goes by the name of âMrBeast Burgers‘ is a whole different game after all. It offers everything from burgers to chocolates, covered in his name and branding. On the first day of opening in the American Mall, Jimmy was serving his first full day. The first opening was so full of rage that it broke some records, too. The opening broke the record for the most burgers sold by a single joint in the world. At this speed, Mr Beast seems unstoppable. He also has chocolates in Walmarts all over America. All these sources are the fuel on which this guy runs and powers his content game on the internet.
Feastables
Jimmy shared the exciting news in a video about making his own chocolate bars, but he kept it a secret until they were officially launched. MrBeast Bars started in January 2022 as part of a company called Feastables. They released chocolate bars in three flavors: original, almond, and quinoa crunch.
To celebrate, they had a $1 million giveaway where winners could compete for a chocolate factory experience. In June 2022, there was a video with Gordon Ramsay judging a cake, and $500,000 cash was up for grabs. For the giveaway, Feastables teamed up with Turtle Beach and Roccat on February 2, 2022. Since opening in January, the company has made over $10 million from selling chocolate bars. On October 2, 2023, Feastables teamed up with the Charlotte Hornets, putting MrBeast’s logo on their jerseys.
Finger on the App
MrBeast’s “Finger on the App” game was super exciting for players and viewers. The idea was easy â just keep your finger on the screen the longest â but it turned into a crazy competition with lots of surprises.
In the first round, the prize money changed as players got knocked out, making it tricky and strategic. People did all sorts of clever things to fight tiredness, like taping their fingers or using cool gadgets. After a 70-hour marathon, four tired but happy winners shared the prize. The second “Finger on the App” had a classic mode and fun mini-games. People went after the big prize and had a blast battling friends, even with cramps and tiredness. Glitches and rule changes added excitement, making it a unique and unforgettable experience.
Reason Behind MrBeast’s Success
MrBeast spends around Six hundred thousand dollars per month on rent, employees, and other regular stuff. In a tweet, he even mentioned that by the first half of the year 2020, he had already spent 10 million dollars on content creation and work. In one report, Forbes magazine even estimated that this guy earns over Ten Million dollars every year. In another report, it is mentioned that he earns about 1.2 million dollars from Google Ad Sense each month. Every month he garners about 600 million views every month across all internet platforms. His sponsorship income of Jimmy has been estimated at around eight hundred thousand dollars. All these numbers are just insane and beyond expectations.
Feedback is a great way to look at MrBeast’s empire. He takes it very seriously and acts upon it. He views the views of his content and tries to change and edit it in a way that is liked and clicked by consumers. He sees this process as scientifically as he can. Every like, every view, every comment, he analyzes it. He even ponders about the thumbnails that are going to be used in his videos.
Total devotion
Jimmy is just totally devoted to creating content, and he goes all in every single time. In every video that you can look at on his YouTube channel, you will notice that the bar this guy has set is not a low bar. He just wants to create content that the world has never seen before and will never see in the future too. He is just going out and doing what most people could call insanity.
Fans
MrBeast has fans. He has a lot of fans, and the best thing about each one of them is that they are devoted to him. They watch him doing everything on YouTube with great attention. MrBeast is honest with his YouTube content, which is liked by his audience. Another fact is that MrBeast is super purpose-driven, and that is a super likable trait in a human. So his audience is not just fans; they are his super fans. They support his every venture and make it successful.
Purpose Driven
Not to mention, Jimmy is super purpose-driven. He does not care about money. He just wants to create content that the world has never seen before. In doing so, he uses all his resources and even goes out of his way many times.
Inimitable
Go watch his YouTube videos, and you will notice that this guy is inimitable. He is just insane, and his video topics cannot be copied. What you see in the modern-day internet is that everyone tries to ride the content wave and copy the most famous trend. On the other hand, MrBeast creates his own trend. Whatever he creates has so much effort that it cannot be copied. This makes Jimmy inimitable and creates a great spot for him to grow.
Monopoly
MrBeast makes fantastic videos that are full of unreal stuff. He is transparent with his audience, knows them very well, and pushes the boundaries of content every time. With all these real efforts, MrBeast is managing to build a monopoly in this market. He has super fans, and his efforts cannot be copied by any means whatsoever. This makes the entry barrier too high for people to enter his territory, which is the definition of a monopoly in the real world. After all the efforts he puts in, he deserves this all.
15 Things About MrBeast
Conclusion
Jimmy Donaldson started his YouTube channel as a gaming vlog before shifting to “stupid challenges,” which quickly went viral and earned him millions of followers. In 2017, he started the ‘MrBeast Challenge’, providing money and charity donations to positively impact communities across the world. He has recently ventured into entrepreneurship with his apparel company, Team Trees, which is helping plant 20 million trees worldwide with the help of 50 partner organizations.
With over 100 million subscribers, MrBeast has become both a pop culture icon and a modern-day billionaire, fulfilling his dreams one challenge at a time. Jimmy Donaldson, aka MrBeast, is nothing short of an amazing entrepreneur with all his efforts. He spends millions, earns millions, and then again goes all in, every time in each of his videos. Pushing the boundaries of his content that has grown all over the internet. He is one insanely driven personality.
According to a Forbes report, Jimmy Donaldson will soon become the first billionaire to be made on YouTube. The video-sharing platform YouTube has never seen such wonder before in its history. For players like Jim, The internet has proven to be a stage to showcase what they are made from and how they can just shine. He spends about 1.5 million a video. As you read this, in the last 90 days, Beast has had 300 million unique people watch their videos. This is regular stuff for MrBeast but some insane numbers for us. In the end, he is just a guy who is driven.
FAQs
How many subscribers does MrBeast have on YouTube?
MrBeast currently has 220 Million subscribers on YouTube.
What is the net worth of MrBeast?
MrBeast’s net worth is $500 million (2023).
What is the Real name MrBeast?
Jimmy Donaldson is the man behind MrBeast.
Who owns youtube?
Google, the tech giant behind the popular search engine, owns YouTube.
Is Mrbeast a billionaire?
He was listed as one of the 100 most influential persons in the world by Time in 2023. With an estimated net worth of $500 million, he is listed as the highest-paid YouTube creative in 2022 by Forbes.
One of the most important business sectors in the circuit is movies. With movies, one could earn millions. However, this is a very difficult line to proceed as a businessman. Well, Ronnie Screwvala is one of the biggest personalities in the Bollywood circuit. He is the founder and CEO of the famous UTV Group. His companies include UTV Software, Bloomberg UTV, UTV Motion Pictures, and many more to name. Read this article to learn about the story of Ronnie Screwvala.
Rohinton Soli Screwvala Quick Facts
Name
Rohinton Soli Screwvala
Born
8 September 1962 – Bombay, Maharashtra, India
Education
Sydenham College of Commerce & Economics
Citizenship
Indian
Title
Founder of UTV Group (Now Walt Disney India), Founder Trustee of Swades Foundation, Founder of Unilazer Ventures, Board of Advisor AIESEC India, Founder of RSVP Movies, Co-Founder of UpGrad
Ronnie is Parsi by blood. He had completed his studies at Cathedral and John Connon School. His father was an employee of British firms J L Morrison and Smith. He is married to Zarina Mehta. Ronnie met her during his initial days at the theatre with Pearl Padamsee.
From childhood, he had a keen interest in theatre and has been a part of the acting crew in a few professional plays with Bombay theatre. He has worked with some big names like Pearl and Alyque Padamsee. He has produced over 70 films, and some of his famous works include Rang De Basanti, The Namesake, Khosla Ka Ghosla, Jodhaa Akbar, and many more iconic movies.
Ronnie Screwvala – Initial Days
His actual entrepreneurial journey started way before UTV came into the circuit. During his initial days, his father wanted him to become a Chartered Accountant. But, he was sure that business was the field that attracted him. Hence, to achieve that, he was looking for business opportunities. Later on, while he was on a trip to England, he got a chance to visit a hairbrush factory. He came across two discarded fully functional automatic toothbrush-making machines. Hence, to open up the doors of business, he purchased it. As soon as he returned to India, he started a business. The business was concerned with making toothbrushes. Many years later, the business became one of the largest producers of toothbrushes and was supplying goods to mega-brands like Colgate.
Apart from the toothbrush business, he had started his own cable network company by the name of Network. During those days, he used to go door to door and ask the residents to sign up for the network. This was a good business idea because, at the time when Doordarshan was the only channel available, this network provided a three-hour video channel providing movies. Initially, this business started with just 30 houses. Later on, it expanded to popular places like Cuffe Parade, Colaba, NApeansea Road, Breach Candy, and Hanging Gardens within a short period.
Ronnieâs idea was way ahead of the time. Well, it is very surprising to see that at a young age, Ronnie understood the importance of good service. He made sure that his services were for the betterment of the entertainment sector as he provided his customers with family-oriented content with good picture quality.
Ronnie Screwvala – UTV Group
Ronnie and Zarina founded the UTV Group, now a country’s household name. This company was founded in 1990 to provide television content to broadcasters. Also, this company was the first independent producer in India, and the company started working by taking up advertisements and movies. Later on, the company started producing quiz shows. One of the company’s biggest hits was the Mashoor Mahal.
Within two decades, UTV expanded into broadcasting, gaming, film, and various other businesses. For the company, the biggest leap to success came during the time of incorporation. The team was engaged in the production of television content for Doordarshan. During this time, Subhash Chandra, who owned Zee TV, had just started to take small steps in the television circuit. Hence, they offered UTV a 550-episode contract. This was the golden opportunity for the team to shine on the big stage.
Ronnie Screwvala – Change of Events That Transformed UTV Into a Mega-Brand
The Success Story of Ronnie Screwvala’s UTV
The very first thing that changed the fortunes of the company was the introduction of flight entertainment by Air India. They hired UTV to provide flight entertainment for their customers. In 1993, the team started to accept programs from external customers and began marketing airtime on their programs. Apart from that, it launched a daily soap named Shanti. The team acquired a 54.60% stake in Lazer Production. Later on, in the same year, the company ventured into the movie distribution business.
In 1996, UTV and Disney got into a contract. This was about dubbing the content for Disney movies for Indian fans. Also, in the same year, UTV started offering services to international airlines for its in-flight entertainment division. The subsidiary of the company USLl acquired Ram Mohan Biographies. The brand was renamed to UTV Tools.
UTV also took a diverse turn in broadcasting by acquiring a controlling interest in Vijay Television Limited. This company operated as Vijay TV. With over 86% stake, UTV incorporated a group named UTV Net Solutions Ltd. IT was focused on Internet content creation via Indian regional language portals. In 200, the company started broadband content collection under the name sharkstram.com.
Hungama Channel, a household name in the country, is a product of UTV entertainment. This channel became the leading childrenâs television channel within a few years of its release. The company’s success can be measured by the fact that it got itself listed on the Bombay and National Stock Exchange.
With a deal of $10 Million with US-based BKN New Media, UTV opened up the door for itself as a mega brand. UTV toons expanded to 200 employees and purchased additional Autodeskâs 3D Max 8 software.
Ronnie Screwvala – Life as an Entrepreneur
Ronnie Screwvala – Life as an Entrepreneur
Unilazer Ventures
Screwvala is actively engaged as a venture capitalist/private equity investor through his brand and arm, Unilazer. His investment approach involves making early-stage investments in Indian new economy companies and startups, acquiring significant minority stakes, and leveraging his entrepreneurial experience to support founders. Unilazer’s diverse investment portfolio spans sectors such as e-commerce, leading online eyewear companies, AI and Bots, agriculture, and micro-housing finance.
RSVP Movies
RSVP Movies marks Screwvala’s comeback to the media and entertainment sector but with a renewed focus. At RSVP, the emphasis is on working with fresh storytellers to create bold, inventive narratives across films and digital media. Additionally, RSVP is adopting innovative distribution strategies to take its disruptive content to wider audiences globally across theaters and OTT platforms.
U Sports
Screwvala is a co-founder of U Sports, a venture with a strategic emphasis on three distinct sports. Notably, Kabaddi is a widely popular sport in India and across Asia, where his team, U Mumba, stands out as a top contender in the 12-team ProKabaddi League. U Sports also delves into the realms of E-Sports and Football. In the domain of football, the brand U Dreams is dedicated to nurturing and managing talent across various age groups for extended periods.
upGrad
Screwvala co-founded upGrad, a leading online education company in India specializing in higher education. With a strong focus on areas like Digital Marketing, Data Analytics, and Product Management, upGrad has become a major player. The company has valuable partnerships with colleges, including IIT Madras, IIIT-B, BITS Pilani, MICA, and Cambridge Judge Business School Executive Education.
The Swades Foundation
Screwvala, alongside his wife Zarina, dedicates a quarter of his time to the Swades Foundation, with a shared commitment to empower a million people out of poverty. Swades operates in a 3000 sq km area in Raigad, Maharashtra, focusing on Water, Sanitation, Health, and Education, and primarily on creating livelihood opportunities for half a million people in 2000 villages.
During the early days of UTV, Ronnie formed a society named SHARE (Now The Swades Foundation). This stood for Society to Heal, Aid, Restore, Educate. The objective was to develop rural Maharashtra. Presently, Ronnie has donated a whopping INR 2350 crores to the foundation. By establishing The Swades Foundation, he has taken a bold initiative to empower a million people and help them break free from the shackles of poverty. With his unwavering commitment to this shared cause, he is making a significant impact on the lives of those who need it the most.
Ronnie Screwvala – Shark Tank India
Ronnie Screwvala – Shark Tank India Season 3
Accomplished media entrepreneur Ronnie Screwvala has joined the popular start-up reality show Shark Tank India as a new Shark for its upcoming third season. Known for founding UTV Group and currently heading content studio RSVP Movies, Screwvala brings over 30 years of experience across television, films, and digital platforms. His addition to the panel, comprised of Anupam Mittal, Aman Gupta, Namita Thapar, and others, will provide a more diverse perspective and industry expertise to evaluate budding ventures this season. With his sharp insights into B2C and B2B, everyone eagerly anticipates his funding choices and operational guidance this season.
With a clear vision to change the entertainment sector, Ronnie has worked for the betterment of the circuit. His company, UTV, has changed the way we watch and enjoy movies. Apart from the fact that he is a successful entrepreneur, his work for charity makes him an inspiration for many entrepreneurs!
FAQs
Who is the owner of UTV India?
While publicly traded for a time, UTV India is now ultimately owned by The Walt Disney Company, which acquired a controlling stake in 2012. Disney gained full ownership 2013 and integrated UTV’s operations into their Indian media network.
How much was UTV sold for?
UTV was sold to Walt Disney for âš2,000 crore ($454 million).
Who is the owner of upGrad?
upGrad is co-founded by Ronnie Screwvala, Phalgun Kompalli, and Mayank Kumar.
At the age of 50, Radha Vembu has emerged as a notable figure in the Indian business arena, recognized as the wealthiest self-made woman in India as per the 360 ONE Wealth Hurun India Rich List 2023.
Renowned in the technology industry, Radha is highly regarded for her significant contributions to software development and business leadership. She is the sister of Sridhar Vembu, co-founder of Zoho Corporation, where she has played a crucial role in the company’s success and growth. With sharp intelligence and a passion for innovation, she has led various initiatives within Zoho, contributing to the company’s rise as a global leader in cloud-based software solutions. Radha’s leadership style combines technical expertise with a commitment to creating a collaborative and empowering work environment. Her dedication to advancing technology and achieving business excellence makes her a noteworthy and influential figure in the dynamic tech industry. Best known for the online office suite offering Zoho Office Suite, the firm competes with the likes of Microsoft and Salesforce.
Born on December 24, 1972, in Chennai, Radha completed her early education at the National Higher Secondary School in Chennai. She holds a degree in industrial management from the Indian Institute of Technology, Madras.
Her father, Sambamurthy Vembu, worked as a stenographer in the Madras High Court.
Radha’s husband, Rajendran Dandapani, serves on the Zoho board and holds positions as Business Solutions Evangelist at Zoho Corporation and President at Zoho Schools of Learning. On rare occasions, Dandapani has shared on social media that Radha gifts him books and cooks for him.
The couple is blessed with a son.
During her leisure time, Radha enjoys gardening, which is her favorite activity outside of her professional commitments.
Radha Vembu – Career
Radha Vembu, one of the founders of Zoho Corporation, has achieved the status of the wealthiest self-made Indian woman, surpassing Falguni Nayar of Nykaa, as per the Hurun India Rich List 2023. The report values Radha’s net worth at âš34,900 crore, ranking her 40th among the top 100 richest Indians. In the list of India’s top five software entrepreneurs, she holds the third position, with Shiv Nadar and the family of HCL leading.
Over the past year, Radha has made a remarkable climb of 103 ranks, as reported in the 2023 M3M Hurun Global Rich List released on March 22. Globally, she stands as the second richest self-made woman in software and services. The 2023 Hurun list features 247 self-made women, a decrease of 22 from the previous year, with 102 women billionaires.
Radha possesses a 47.8 percent stake in Zoho, while her brother Sridhar Vembu owns 5 percent of the company. Another brother, Sekar, is also a stakeholder in Zoho but prefers to stay out of the public eye.
In addition to co-founding Zoho Corporation, Radha serves as a director for an agricultural NGO called Janaki Hi-Tech Agro Pvt. Ltd. and a real estate company named Highland Valley Corporation Pvt. Ltd.
Radha Vembu – Zoho
Zoho, with its headquarters in Austin, Texas, operates from a large 375-acre campus.
Founded by Radha’s older brother, Sridhar Vembu, the company originally started as AdventNet in 1996. Radha’s wealth comes from her ownership in the private Zoho Corp, known for providing cloud-based business software. After graduating with a degree in industrial management from IIT Madras, Radha serves as the product manager for Zoho Mail and is the director of the Corpus Foundation.
Radha also oversees Zoho Workplace, manages a team of 250, and actively contributes to the development of more than 45 products at Zoho Corporation. She emphasizes her involvement in creating a fair workplace and personally addressing internal issues.
Competing with major companies like Microsoft, Oracle, and Salesforce, Zoho Corp provides a suite of business, collaboration, and productivity applications. With over 30 online applications ranging from CRM to mail, office suite, project management, invoicing, email marketing, social media management, and more, the suite includes Zoho Writer, Zoho CRM, Zoho Sheet, Zoho Show, Zoho Projects, Zoho Meeting, Zoho Creator, Zoho Docs, Zoho Invoice, Zoho People, Zoho Mail, Zoho Assist, Zoho Reports, Zoho Recruit, Zoho Support, Zoho Books, Zoho Bug Tracker, Zoho Campaigns, Zoho Sites, Zoho Connect, and more.
In 2020, Zoho introduced a toolkit named Zoho Remotely to assist businesses in transitioning to a work-from-home setup.
Zoho has obtained 25 patents in the last three years.
Zoho Mail, initiated in 2008, boasts a user base of over 15 million.
Additionally, Zoho is currently testing ‘arattai,’ a WhatsApp alternative, with the term meaning “chat” in the Tamil language.
Apart from her business accomplishments, Radha is acknowledged for promoting gender equality and empowering women in the technology industry. Her journey aligns with the global push for fairness and representation in business, making her success a shared triumph for women aiming to overcome stereotypes and create a more inclusive future.
Additionally, Radha’s philanthropy work, especially in education, underscores her dedication to improving society. Through support for educational programs, scholarships, and initiatives, she significantly contributes to empowering young minds and nurturing the development of future leaders, extending her positive influence beyond the business sector.
Radha Vembu – Controversy
Pramila Srinivasan, the wife of Zoho’s CEO Sridhar Vembu, has claimed that Sridhar provided Zoho shares to his siblings for minimal amounts. One of these siblings is Radha, who holds an almost 48% stake in Zoho.
Radha Vembu – Awards and Recognitions
Radha’s name appeared on the Hurun Global Rich List 2023, showcasing a substantial increase in her wealth over the past year. She climbed an impressive 103 ranks during this period, securing the position of the second wealthiest self-made woman globally in the software and services industry.
IOTY 2022 | Zoho Corporation Wins Indian Of The Year: Start-Up Category
FAQs
Who is Radha Vembu?
Radha Vembu, one of the founders of Zoho Corporation, has achieved the status of the wealthiest self-made Indian woman, as per the Hurun India Rich List 2023. She currently works as a product manager at Zoho Mail.
What is the net worth of Radha Vembu?
The real-time net worth of Radha Vembu is $2.1 billion.
How much stake does Radha Vembu hold in Zoho Corporation?
Radha Vembu holds almost a 48% stake in Zoho Corporation.
“In the world of business, the people who are most successful are those who are doing what they love.” – Charlie Munger
Charlie Munger, who helped establish Berkshire Hathaway Inc. as a global financial powerhouse alongside Warren Buffett, died at the age of 99.
Charlie Munger’s growth from humble beginnings to becoming one of finance’s most renowned figures is evidence of his brilliance, persistence, and dedication to continual learning. His influence stretches well beyond investment, into the fields of philosophy, psychology, and ethics.
While Munger is most renowned for his contributions to the realm of investment, his impact goes well beyond the financial markets. He was sought after for his viewpoints on a variety of topics, including education, decision-making, and ethics.
His ability to break down complicated concepts into clear, practical principles has left a lasting imprint on the financial world. His relationship with Warren Buffett was legendary, exemplifying the strength of collaboration, ethics, and a long-term outlook.
Munger was a real estate attorney, the chairman and publisher of the Daily Journal Corp., a member of the Costco board, a philanthropist, and an architect in addition to being a Berkshire vice chairman.
Munger and his first wife Nancy Huggins Freeman had three children, daughters Wendy and Molly, and boy Teddy, who died at the age of nine from leukemia. In 1953, the Mungers divorced.
He then married Nancy Barry two years later. The couple had four children, Charles Jr., Emilie, Barry, and Philip. He was also the stepfather of her two other boys, William Harold Borthwick and David Borthwick.
Charlie and Nancy Barry, who were married for 54 years until she died in 2010, donated $43.5 million to Stanford University to help establish the Munger Graduate Residence, which accommodates 600 law and graduate students.
Charlie Munger – Early Life
Charles Thomas Munger was born on January 1, 1924, in Omaha, Nebraska. Alfred, his father, was a lawyer, and Florence Toody, his mother, came from an affluent background. Munger, like Warren, worked as a child at Buffett’s grandfather’s grocery shop, but the two future partners didn’t meet until years later.
Munger left Omaha at the age of 17 to attend the University of Michigan. According to Janet Lowe’s 2003 book “Damn Right!” he enrolled in the Army Air Corps two years later, in 1943.
He received a magna cum laude from Harvard Law School in 1948, despite never having completed his undergraduate degree.
In 1962, he established the legal firm Munger, Tolles & Olson and focused on investment management at the hedge fund Wheeler, Munger & Co., which he also established that year. Munger made several extremely lucrative dealings in real estate and equities through his investing partnership at Wheeler, Munger & Company.
Munger earned a reputation for himself before joining Berkshire Hathaway in the 1970s.
Charlie Munger – Berkshire Hathaway
Munger’s legal profession shaped his analytical abilities and his ability to negotiate challenging circumstances, which proved helpful in his later years as an investor.
Munger’s move from law to finance was gradual. His acquaintance with Warren Buffett, whom he met at a dinner party in 1959, sparked his investment interest. Buffett, who was already building a name for himself in the finance world, saw Munger’s intellectual talent and offered a collaboration that would alter both men’s futures.
Munger’s initial hesitation to enter the investment industry gave birth to a partnership that would prove to be one of the most successful in financial history. Munger was appointed Vice Chairman of Berkshire Hathaway in 1978, and the dynamic pair has led the corporation to remarkable success since then.
Warren Buffett and Charlie Munger
He began working closely with Buffett on capital allocation and became known as “the abominable no-man” owing to the frequency with which he rejected investment proposals he regarded unsuitable. Furthermore, Munger swayed Buffett away from “cigar-butt” investments, which were mediocre enterprises with a puff of smoke remaining and could be purchased for relatively low rates.
He thought that effective investment required an in-depth understanding of the world, including psychology, economics, and business.
Munger often said that people should develop a varied variety of mental models, or frameworks, for interpreting the world. This allows investors to make more accurate predictions and manage more challenging situations. He uses ideas from numerous fields to build a complete set of mental models that guide his decision-making.
Munger’s mental models include concepts like inversion, which entails addressing issues backward, and the need to know basic human psychology in decision-making. He exceeds typical financial tactics by leveraging these mental models, bringing a fresh viewpoint to the table.
He believed in the “lollapalooza effect,” which he defined as a convergence of elements driving investing psychology.
Charles Munger served on four boards and as an advisor, including Costco’s Board of Directors, Wesco Financial Corporation’s Chairman of the Board of Directors, and Berkshire Hathaway’s Vice Chairman of the Board of Directors.
From 1984 until 2011, Munger served as chairman and CEO of Wesco Financial.
Charlie Munger died in 2023 at the age of 99.
Charlie Munger – Investments
Charlie invested in Stonehouse Corp. on July 18, 2022.
Date
Organization Name
Funding Round
July 18, 2022
Stonehouse Corp.
Venture Round
Charlie Munger – The Philanthropist and Architect
He, like Buffett, was known as a realistic investor and an ardent philanthropist who lived modestly and donated millions to universities.
Munger gave hundreds of millions of dollars to educational institutions such as the University of Michigan, Stanford University, and Harvard Law School, typically on the condition that the school adopt his building plans, despite his lack of any architectural training.
During the 1990s building of the scientific center at Los Angeles’ Harvard-Westlake prep school, where Munger had been a board member for decades, he ensured that the girl’s washrooms were larger than the boys.
Charlie Munger on Mistakes To Avoid In Life | One of the Greatest Speeches Ever
Charlie Munger – Criticisms
Despite his achievements, Charlie Munger, like any other important individual, has experienced challenges and criticism. Some critics believe that Munger’s approach, which emphasizes simplicity and common sense, may not be appropriate in all financial settings. Others have criticized his unwillingness to accept some technological advances, claiming that his conservative position would limit his capacity to capitalize on upcoming possibilities.
Furthermore, Munger’s straightforward and even blunt communication style has sparked debate. Many followers, however, like his candour and regard it as a welcome change from the more polished and politically correct discourse commonly found in the corporate sector.
FAQs
Who is Charlie Munger?
Charlie Munger was the vice chairman of Berkshire Hathaway. He died in November 2023 at age 99.
What is Berkshire Hathaway?
Berkshire Hathaway is a multinational conglomerate and investment firm, known for its diverse portfolio of businesses and strong financial performance.
What was Charlie Munger’s net worth?
The estimated net worth of Charlie Munger was $2.2 billion.
The First SBI Lady Chairman, Arundhati Bhattacharya, is a retired banker. She was the first woman to be the chairperson of the nation’s largest bank, SBI. Under her leadership, SBI grew its network to around 17,000 branches and services over 330 million customers with a presence in 36 countries. She executed the smooth transition that SBI underwent, which was evident in every way. The women who have inspired many women entrepreneurs to step up.
Being the First Woman Chairman of SBI, Let’s know more about Arundhati Bhattacharya’s Education, Story, How Arundhati became the First female chairperson of SBI, and more…
Arundhati Bhattacharya – Biography
Name
Arundhati Bhattacharya
Born
18 March 1956, Kolkata
Citizenship
Indian
Education
St.Xavier’s School, Jadavpur University, Lady Brabourne College
Title
First Woman Chairperson of the State Bank of India
Net Worth
Approx $5 Million (2023)
Awards
Global Economy Prize
Current Position
Chairperson and CEO (India operations), Salesforce, USA
Arundhati Bhattacharya – Childhood and Personal Life
Arundhati was born into a well-educated family. She was raised in Bhilai by her father, Prodyut Kumar Mukherjee, who was working with Bhilai Steel Plant as an engineer, and her mother, Kalyani Mukherjee, who was a Homeopathic doctor. From a very young age, she was driven towards journalism. She completed her schooling at Bokaro Steel City’s St Xavier’s School. She enlisted herself in English literature and completed her graduation from Kolkata’s Lady Brabourne College.
Arundhati Bhattacharya – Education
Arundhati Bhattacharya’s education was at St. Xavier’s School, Bokaro. She studied English Literature at Calcuttaâs Lady Brabourne College and then at Jadavpur University.
Arundhati Bhattacharya was propelled towards journalism, but in 1977, she decided to sit for the SBI probationary officer exam and nailed it at the age of 22. She had her dreams of journalism but entered the banking sector and never looked back.
During her 36-year career with the bank, she held several positions, including working in foreign exchange, treasury, retail operations, human resources, and investment banking. This included positions like the chief executive of the bank’s merchant banking arm, State Bank of India Capital Markets, and chief general manager in charge of new projects.
Arundhati Bhattacharya has served at the bank’s New York office. She has also been involved with the launch of several new businesses, such as SBI General Insurance, SBI Custodial Services, SBI Pension Funds Pvt. Ltd., and the SBI Macquarie Infrastructure Fund.
Arundhati Bhattacharya – As The First Woman Chairperson of SBI
Arundhati Bhattacharya became the first female chairperson of SBI, succeeding Pratip Chaudhuri as Chairman, who retired on 30 Sep 2013. Arundhati Bhattacharya was the first woman ever to lead a Fortune 500 company in India and the only woman banker on that list of giants anywhere in the world.
When she became the chairman, many doubted her capabilities to work in a corporation as she spent most of her time outside the headquarters. She had her tenure for four years after retiring in 2017.
Arundhati Bhattacharya – 4 Year Term as the Chairman of SBI
During her tenure, she identified the problems and transformed SBI from a stable state-run lender into a customer-friendly and competitive bank. SBI also introduced the work-from-home scheme for women. During her term, SBI rose 57%.
She navigated the bank to its toughest of times and completed the merger of 5 Associate banks and Bhartiya Mahila Bank. This merger resulted in the creation of a banking behemoth with more than âš37 lakh crore in assets.
Focused on the spread of digital platforms
SBI Buddy Digital platform
Arundhati focused on the technology and the spread of digital platforms with products like SBI Buddy. The results were healthy. The SBI group saw âš5.83 lakh crore worth of mobile transactions (with a market share of 44.5 percent) during FY17. Its consolidated net profits stood at âš2,006 crore in the quarter ended June 2017.
SBI Launched its First Dedicated Branch For Startups InCube
SBI Chairman Arundhati Bhattacharya, at the launch event of InCube
The main purpose of the ‘SBI InCube’ was that the bank would help, guide, and counsel entrepreneurs in starting a new company or business enterprise. At the launch event, SBI Chairman Arundhati Bhattacharya said,
âSBI is striving to make its structure more amenable to the requirements of startups. We want to be a part of the growth of startups and India itself. We will support entrepreneurs in their ventures and let them do their job of innovating. â
This was a great initiative by SBI to help startups under the leadership of Chairman Arundhati Bhattacharya.
SBI was Indiaâs first and largest commercial bank to launch a performance appraisal system named Saksham. It was launched so that the employees could analyze their monthly performance against assigned targets.
Work-from-home facilities for Women Employees
On International Women’s Day SBI provided provided its employees the facility to work from home, a move that will especially benefit its women workers. Arundhati Bhattacharya played an important role here.
SBI introduced Lateral hiring from institutes like IIT & IIM
SBI planned to hire specialist job roles from institutes like IIT & IIM.
Arundhati Bhattacharya – Achievements
In 2014, Fortune magazine named her as the 24th most powerful woman in the Asia-Pacific region.
From 2014 to 2017, she was consistently ranked as the most powerful woman in business on Fortune India’s list.
In 2015, Forbes ranked her as the 30th most powerful woman in the world.
At the 10th India Business Leader Awards in 2015, she was recognized as the Outstanding Woman Business Leader of the Year.
In 2016, Forbes listed her as the 25th most powerful woman in the world.
In 2016, Foreign Policy magazine recognized and ranked me as one of the “FP Top 100 Global Thinkers”.
Felicitated with the “Woman of the Year Award” for Banking and Financial Service by the then-governor of Maharashtra in 2016.
In 2017, India Today magazine listed this person as the 19th most powerful individual in India out of the 50 on their list.
In 2018, she was awarded the title of “Business Leader of the Year” at The Asian Awards.
In 2018, she was honored with the ninth V.C. Padmanabhan Memorial Award for Excellence.
Harvard Business Review Ascend published an interview titled “The Making of SBI’s First Woman Chairperson, Arundhati Bhattacharya” in 2018.
India nominated her for the World Bank’s managing director and COO position.
State Bank of India’s first female chairman, Arundhati Bhattacharya, retired in 2017 after 40 years, one month and two days after joining the country’s largest lender as a probationary officer. After leaving SBI, her journey has been incredibly fascinating:
Piramal Group
She served as a Non-Executive/aIndependent Director on the board ofPiramal Group. She resigned from her position in April 2020, after serving since December 2018, to become the Chairperson and CEO of another company. At Piramal, Bhattacharya’s experience and insights went beyond her role, guiding the company’s strategic direction and decision-making.
Wipro Limited
She served as an Independent Director on the board of Wipro Limited from December 2018 to April 2022. Her appointment brought a wealth of experience and leadership to the company, particularly in the areas of finance, risk management, and corporate governance.
Reliance Industries Limited
Arundhati joined the board of Reliance Industries (RIL) as an independent additional director and has been appointed to the RIL board for a period of five years starting from October 17, 2018. The appointment comes days after India-focused private equity firm ChrysCapital Advisors LLP announced Bhattacharya as an advisor.
SWIFT India
In 2018, SBI chief Arundhati Bhattacharya was appointed as the new Chairman of the SWIFT India board. Arundhati Bhattacharya’s contributions to SWIFT India were instrumental in the organization’s growth, success, and contribution to the Indian financial sector.
CRISIL Limited
CRISIL Ltdappointed Ms. Arundhati Bhattacharya as Additional Director (Independent) of the company on 16 October 2018. As of 2020, she has resigned from the role and will be joining as a Chairperson and CEO for the India operations of Salesforce, USA.
Salesforce
Arundhati Bhattacharya currently holds the position of Chairperson and CEO at Salesforce India. Her responsibilities include developing the company’s growth strategy and defining Salesforce’s relationship with the ecosystem of customers, partners, and communities across India.
Arundhati Bhattacharya’s journey from studying journalism to being the First Female Chairperson of SBI and her life beyond SBI is an inspiration to all the women out there. Her thoughts are worth remembering…
“India does not have a problem of people grabbing share from a fixed pie. India is one of the few nations where the pie is getting bigger”
“Private sector has no issue in coming into infrastructure sector. They know very well that infrastructure is one area that can give you very steady long-term returns”
“In order to ensure long-term investment, it is important to make infrastructure as transparent and as bankable as possible – should be a win-win for all”
“Theoretically, every probationary officer has a chance to become chairman”
Conclusion
Arundhati Bhattacharya is one of the most powerful and influential leaders a country has ever had. Under her leadership, SBI grew its network to around 17,000 branches and services over 330 million customers with a presence in 36 countries. She executed the smooth transition that SBI underwent, which was evident in the way fearlessness and risk-taking ability were planted in the banking sector’s DNA over the period. She has inspired many women entrepreneurs to step up and join the Startup ecosystem.
FAQs
Who is the First Women Chairperson of SBI?
Arundhati Bhattacharya was the first female chairperson of the nation’s largest bank, SBI. Under her leadership, SBI grew its network to around 17,000 branches and services over 330 million customers.
Who is the Current Chairman of SBI?
Dinesh Kumar Khara was appointed as the chairman of SBI on October 7, 2020.
What is Arundhati Bhattacharya’s Education?
Arundhati Bhattacharya’s education was at St. Xavier’s School, Bokaro. She studied English Literature at Calcuttaâs Lady Brabourne College and then at Jadavpur University.
When did Arundhati Bhattacharya retire as the Chairman of SBI?
State Bank of India’s first female chairman, Arundhati Bhattacharya, retired in 2017 after completing her 4-year tenure.
What is Arundhati Bhattacharya’s current position?
Arundhati Bhattacharya, former chairperson of the State Bank of India, has been hired by Salesforce USA to lead its operations in India starting in 2020.
At the age of 59, Cello World’s Managing Director and Chairman Pradeep Rathod became the newest billionaire in India.
Cello World, a Mumbai-based firm, is the latest member of the country’s billionaires club. It produces a range of kitchenware, from snack boxes and water bottles to storage containers and plastic furniture. Cello World sells stationery, pencils, and molded furniture in addition to cookware, which makes up more than two-thirds of its total revenue.
The business went public recently. Cello World’s IPO price of Rs 648 was 28% higher than the price at which their shares were listed, and the issue was 39 times oversubscribed.
Rathod is a seasoned expert with more than 40 years of manufacturing and trade expertise in raw materials, plastic, and thermoware products. Since the beginning, he has played a key role as a Director in Cello World. Gaurav Rathod, Pradeep Rathod’s son, and Pankaj Rathod, Pradeep Rathod’s younger brother, are both managing directors in the company. The Rathods are major shareholders of Wim Plast Ltd, a BSE-listed firm best known for its Cello-branded plastic furniture.
Pradeep Rathod – Early Life
Cello World began in 1962, when Pradeep’s late father, Ghisulal Rathod, partnered with a small maker of plastic items. Building on this foundation, Pradeep and his 56-year-old younger brother Pankaj Rathod, who serves as the company’s joint managing director, have expanded into new product categories.
Pradeep’s son, Gaurav, who received his education in the United Kingdom, plays an important role as joint managing director, contributing to Cello World’s continuous growth.
According to Forbes, Pradeep’s $ 44% stake in Cello World is worth $1 billion.
Cello World, based in Mumbai, has grown into a well-known supplier of kitchenware, with a diverse product line that includes snack boxes, water bottles, storage containers, and plastic furniture.
The company’s product line also includes plastic, glass, and porcelain goods, resulting in a 70% increase in sales.
Cello World, which manufactures consumer housewares, devices for writing, and molded furniture, was compelled to boost the IPO size to Rs 1,900 crores from the Rs 1,750 crores suggested in the offer document submitted with the SEBI in August of this year. The issue is a comprehensive offer for sale (OFS) of shares by the promoters and other selling shareholders, which implies the money will not go to the firm, instead, it will go to the current owners.
Rathod explained why the IPO size was increased, saying, There was a lot of demand, so we had to scale it up a little bit. We are just selling 13.82% of our investment, not the whole stake.
He also stated that Cello World is a B2C firm and that the brand would grow and expand if its shares were listed on public exchanges.
Rathod stated that the company gets 65% of its sales from the consumer houseware division, 18% from molded furniture, and roughly 16% from writing instruments.
Cello World has reserved up to 50% of the shares in the public offering for qualified institutional buyers (QIB), 15% for non-institutional investors (NII), and 35% for retail investors, according to the offer document filed with the SEBI. Under the employee reserve part, the business has reserved shares worth 10 crore for qualified workers, which will be issued at a discount of Rs 61 per equity share.
Cello’s consolidated revenue increased 32.19% to Rs 1,796.69 crore in fiscal year 2023, from Rs 1,359.18 crore the previous year. From Rs 219.52 crore in fiscal 2022 to Rs 285 crore in fiscal 2023, net profit increased by 29.86%.
2023
2022
Percentage Increase
Consolidated Revenue
Rs 1796.69 crore
Rs 1359.18 crore
32.19%
Net Profit
Rs 285 Crore
Rs 219.52 crore
29.86%
Pradeep Rathod – Journey So Far
Cello World is a company that manufactures a variety of home items. Understanding the everyday demands of the Indian family, Cello offers a diverse product line that includes melmoware, therm-oware, opal ware, kitchen appliances, glassware, melamine ware, automotive tools and dies, cleaning equipment, and air conditioners. With significant technological improvement, Cello has driven the transformation of the Indian home industry.
Plastic housewares goods were introduced by the firm in the 1980s. Cello entered the furniture market in the 1990s, and in 2017, Gaurav, who had joined the company seven years prior, introduced the ‘opalware’ section.
From seven machines and 60 employees, the firm now employs over 6,000 people and operates plants in Haridwar, Kolkata, Chennai, Daman, Pardi, and Baddi. Furthermore, the company’s well-known pen and stationery business was sold to the French company BIC in 2013.
Cello World sells pens, stationery, and molded furniture in addition to its signature kitchenware section, which accounts for roughly two-thirds of total revenue.
The category currently accounts for 18% of total revenue.
Cello World shares, which sell kitchenware under the Cello name, debuted at a 28% premium to their IPO price of Rs 648, and the offering was 39 times oversubscribed.
It is predicted to expand even faster, at a compounded annual rate of 10.2%, reaching Rs 565 billion ($6.8 billion) by fiscal 2027, as Indians renovate their kitchens and stock them with modern items.
The firm hopes to capitalize on rising local demand for plastic furniture, which is estimated to reach Rs 270 billion ($3.3 billion) by fiscal 2027, up from Rs 122 billion ($1.5 billion) in fiscal 2022.
Cello World’s revenues have increased by 70% in the last two years. In the fiscal year that ended in March 2023, the firm earned Rs 17.97 billion. Over that time, net profit climbed by 58% to Rs 2.8 billion.
Revenue Can Grow At 30% CAGR Over Next Two Years: Cello World
Pradeep Rathod – Philanthropy
Rathod, in addition to his commercial success, is involved in charitable organizations and serves as President of the JITO Administrative Training Foundation.
Pradeep Rathod – Awards and Recognitions
Known as one of the world’s most prominent plastics manufacturers and India’s indisputable market leader, Cello is a globally recognized brand known for its vitality and spirit of innovation. Cello is continually striving to bring in the latest and greatest technology to set new quality benchmarks and to develop to carve new trails in the industry.
Awarded the renowned PLEXCONCIL AWARD 18 times in a row for NO.1 exceptional performance.
The Cello Group, which manufactures India’s favorite Cello pens, is worth Rs.1000 crore.
FAQs
Who is the Chairman of Cello World?
Pradeep Rathod is the chairman and joint Managing Director of Cello World.
What is the price of Cello World IPO?
Cello World’s IPO price of Rs 648 was 28% higher than the price at which their shares were listed, and the issue was 39 times oversubscribed.
How much are the sales from various product lines of Cello?
The company gets 65% of its sales from the consumer houseware division, 18% from molded furniture, and roughly 16% from writing instruments.
Richard Teng, the former CEO of the Abu Dhabi Global Market, succeeded Changpeng Zhao as CEO of Binance in November 2023. Teng is a well-known and successful professional who has made important contributions to finance and regulatory affairs. He has rich experience and skills and has played significant roles in defining the financial environment, notably in fintech, compliance, and risk management. His innovative leadership and strategic expertise have gained him industry prominence as a thought leader. Teng has exhibited a consistent dedication to pushing innovation, encouraging industry growth, and establishing strong regulatory frameworks throughout his career. As a renowned person in the financial sector, he continues to inspire and influence constructive change, leaving an indelible impact on the developing landscape of global banking.
Having worked in the financial services and regulatory industries for more than thirty years, Teng will assume the CEO position after being Binance’s global head of regional markets. He aims to support blockchain and crypto adoption by actively engaging both mainstream and Web 3 stakeholders.
A native of Singapore, Teng studied at Nanyang Technological University, where he graduated with First Class Honours in Accountancy. He earned his master’s degree in Applied Finance from the University of Western Australia. He has completed The Wharton School’s Executive Leadership Programme.
Richard Teng – Career
Teng began his career in 1994 as director of corporate finance at the Monetary Authority of Singapore, where he stayed for 13 years until joining the Singapore Exchange as chief regulatory officer in 2007.
Teng is a former CEO of the Abu Dhabi Global Market, the financial services regulator in the UAE capital.
He served as a part-time Board Director of Lulu Financial Group for one year and eight months.
He worked as a freelancer for Blockchain Association Singapore (BAS) as an Advisory Board Member for 2 years and 5 months.
From July 2021, he was a member of the Global FinTech Institute’s worldwide Council. It has already been 2 years and 5 months.
Teng has been promoted to the position of CEO of Binance. Most recently, he served as Binance’s global head of regional markets. Teng is one of the few top executives who remained with Binance after the US Securities and Exchange Commission brought 13 charges against the cryptocurrency exchange and its founder, Changpeng Zhao.
Richard Teng – Monetary Authority of Singapore
He was the Director of Corporate Finance at MAS for 13 years. As a result, he gained regulatory knowledge in the banking, insurance, and capital markets industries. He was active in a wide-ranging reform of Singapore’s financial services business in the late 1990s, pushing moves to develop private banking and capital market sectors. He was in charge of creating and implementing the Securities and Futures Act, as well as building the regulatory framework for REITS, business trusts, and trust companies. He also managed the Singapore Code on Takeovers and Mergers, which governs mergers and acquisitions in Singapore.
Richard Teng – Singapore Exchange
He spent 7 years and 6 months as the Chief Regulatory Officer at Singapore Exchange (SGX). Teng previously served as Senior Vice President, Head of Issuer Regulation, Chief of Staff for Risk Management and Regulation, and Head of Regulation at SGX. He was in charge of the Regulation Group, which works closely with the Monetary Authority of Singapore (MAS) to maintain a fair, orderly, and transparent market. The Group is responsible for developing policy, structure, and rules for listing, trading, and clearing, as well as regulatory solutions for new products and services. The Group is in charge of overseeing the rules regulating listing, trading, and clearing, as well as accepting listing applications and members and monitoring and enforcing ongoing compliance with the regulations. Issuer Regulation, Catalist Regulation, Membership Supervision, Surveillance, Regulatory Development and Policy, and Legal are the Group’s units.
Richard Teng – Abu Dhabi Global Market
Teng joined Abu Dhabi Global Market in March 2015, bringing more than two decades of regulatory leadership and capital markets expertise to the banking industry. As CEO, he was in charge of and directed the establishment and administration of ADGM’s financial services regulatory and supervisory framework to promote a fair, open, and transparent financial market.
Teng is an accomplished executive with over three decades of expertise in financial services and regulatory affairs.
Binance, which was founded in 2017, is the world’s largest cryptocurrency exchange, with around 150 million members.
Teng joined the world’s largest crypto exchange in 2021 as the CEO of Binance’s Singapore Company two years ago.
He remained as Singapore CEO for five months until being appointed as regional head of Europe, Asia, the Middle East, and North Africa in April 2023. He managed regional teams to develop strategic alliances, build an ecosystem of innovation, and expand the Bitcoin ecosystem inside their respective areas in this capacity.
Teng was eventually promoted to head of regional markets in May 2023 before being named CEO of Binance, barely more than two years after joining the company.
Richard Teng – Binance
Richard Teng – Introducing the Binance Web3 Wallet
Teng expressed his gratitude for the opportunity to assume the job of CEO, adding that he would focus on ensuring Binance’s 150 million users of the company’s financial strength, security, and safety.
His priority will be to reassure users that they can stay confident in the company’s financial soundness, security, and safety, as well as working along with authorities.
Teng, who joined as Singapore CEO of Binance in 2021, has a challenging task ahead of him. The exchange’s native cryptocurrency, BNB, is down 15% following Zhao’s departure, indicating declining client trust. Users withdrew a total of $1.3 billion from the Binance platform, with other cryptocurrencies and blockchain protocols such as Solana and Polygon also suffering losses.
Teng faces a difficult task in restoring Binance’s reputation.
Teng’s initial responsibility will be to try to repair the company’s damaged public image. His priority is to reaffirm the exchange’s financial strength, security, and safety to the exchange’s 150 million members. Other major areas of emphasis for him will include collaborating with regulators to uphold high standards globally and working with partners to drive growth and adoption of Web3.
Teng stated in a recent post, “To ensure a bright future, I intend to use everything I’ve learned over the past three decades of financial services and regulatory experience to guide our remarkable, innovative, and dedicated team.”
His priorities will be to:
Reassure 150 million users about the company’s financial strength, security, and safety.
Collaborate with regulators to uphold high standards globally that foster innovation while providing important consumer protections.
Work with partners to drive Web3’s growth and adoption.
Under his leadership, ADGM was named Financial Centre of the Year (MENA) by Euromoney’s Global Investors Group in both 2016 and 2017, collecting back-to-back awards.
Deloitte and the Global Fintech Hub Federation have named it the best Fintech Hub in the Middle East and North Africa.
Teng, who has decades of regulatory leadership and financial sector growth expertise, is a frequent worldwide speaker, particularly on FinTech regulations and Belt and Road initiatives.
FAQs
Why did Changpeng Zhao step down as CEO?
He stepped down on November 21, 2023, as part of a $4.3 billion settlement with the U.S. Department of Justice (DOJ) to resolve allegations of anti-money laundering (AML) violations and sanctions violations.
Who is the new CEO of Binance?
Richard Teng is the new CEO of Binance.
Is Binance 100% safe?
No, Binance is not 100% safe. No cryptocurrency exchange is completely immune to hacks or other security breaches. However, Binance is considered one of the safest exchanges in the world.
“We can’t learn how to build a safe AI without experimenting, and we can’t experiment without progress, but we probably shouldn’t be barrelling ahead at max speed either,” Emmett Shear.
OpenAI, the company behind ChatGPT, has selected Emmett Shear, the former CEO of Twitch, as its acting CEO, taking over from Mira Murati. The company recently ousted previous CEO Sam Altman in a move that shocked the tech community. Shear is well-known for being an active advocate of safety in the advancement of artificial intelligence.
Emmett Shear was raised in Seattle and went to the Evergreen School for Gifted Children. Shear, who was born in 1983, earned a Bachelor of Science in Computer Science from Yale University in 2005.
Emmett Shear – Career
Shearâs career began in 2005, when he, alongside Justin Kan, co-founded Kiko Software. After a year, he co-founded Justin.TV, Twitch’s precursor, where he served as Chief Technology Officer. He was also appointed as a part-time partner at Y Combinator. Shear was Twitch’s CEO until March 2023. At present, he is appointed as the interim CEO of OpenAI, replacing Mira Murati, who was earlier designated as interim CEO after Sam Altmanâs exit.
Emmett Shear – Kiko Software
In the year 2005, after graduating from Yale, he and Justin Kan co-founded Kiko Software, which was subsequently sold on eBay for $250,000 when Google Calendar became public. He was there for a year and nine months until co-founding Justin.TV, the predecessor of Twitch, in September 2006.
Emmett Shear – Justin.TV
For five years and three months as Chief Technology Officer of Justin.TV, Shear was in charge of coding, hiring, and technical administration.
Simultaneously, he was a part-time partner at Y. Combinator, a renowned San Francisco startup incubator that Altman led from 2014 to 2019.
Emmett Shear – Twitch
Shear served as CEO of Twitch until March 2023, a business he co-founded but was subsequently bought by Amazon in 2014, where he spent over a decade transforming the firm from Justin.TV into the world’s most popular video game broadcasting service. He was then appointed as a Visiting Group Partner at Y Combinator, where he assisted each batch of new entrepreneurs.
What is Twitch
Emmett Shear – OpenAI
Shear was named interim CEO of OpenAI on November 19, 2023, succeeding Mira Murati as interim CEO following the board’s ouster of Sam Altman.
Shear is well-known for being a staunch advocate of the “safety” side of the AI debate. He has compared AI safety to managing the creation of an alien god. Shear has expressed opinions on the dangers of artificial intelligence in interviews and on social media that the OpenAI board members may find compelling.
Shear’s hiring attempts to stabilize the firm and resolve employee and larger AI community concerns.
Shear laid forth a three-point strategy for the next 30 days, emphasizing openness and change. This strategy includes appointing an independent investigator to investigate the events leading up to Altman’s departure, engaging with employees, partners, investors, and consumers, and reforming the management and leadership teams.
Comprehending the disturbance, he intends to address significant concerns. However, he recognizes that certain issues may take longer than a month to fix. Despite the changes, Shear confirmed that OpenAI’s cooperation with Microsoft remained sturdy, emphasizing his dedication to serving customers successfully.
The surprising events at OpenAI raise concerns about the company’s future and role in furthering Artificial Intelligence technology. Shear examines the challenge of fixing internal disputes, preserving transparency, and sustaining OpenAI’s position as a prominent participant in the AI ecosystem.
More research and development is planned. Additionally, contracts must be signed to ensure that individuals who are experimenting with GPT commit to becoming long-term users.
Shear contributed the initial US$1 million to launch an SF New Deal, a non-profit organization that purchased meals from San Francisco eateries and delivered them to individuals in need via Twitch in March 2020, during the COVID-19 pandemic. His Yale undergraduate friend Leonore Estrada, who managed the Three Babes Bakeshop in San Francisco’s Bayview district, founded the organization.
Emmett Shear – Investments
Shear has invested in several different rounds in various companies.
Name of the Company
Funding Round
Investments Date
Pilot AI
Venture Round
Mar 21, 2023
Artifact
Seed Round
Dec 15, 2022
GGWP
Seed Round
Mar 21, 2022
Dashworks
Seed Round
Jan 28, 2022
ForeVR Games
Seed Round
Aug 17, 2021
ForeVR Games
Seed Round
Dec 11, 2020
Quell
Seed Round
Dec 07, 2020
Clipboard Health
Series A
Sep 11, 2019
Peerwell
Series A
Aug 27, 2019
Emmett Shear – Controversy
He was criticized, among other things, for how he handled allegations in 2020 that the environment at Twitch was unwelcoming to women and for how slowly the platform reacted to offensive material.
His emphasis on guiding Twitch toward profitability through cost-cutting measures was also criticized by several staff members and live streamers as undermining the platform’s quality.
“Using gen AI to write pickup lines for the apps, call that shooting my zero-shot,” Shear once wrote and posted. Whether this was a joke or not is unknown.
Emmett Shear – Awards and Recognitions
Forbes Magazine recognised him on their 30 under 30 list in 2012.
Twitch debuted in 2011, and The Wall Street Journal reported in 2014 that the brand had the fourth-highest peak internet traffic in the United States.
FAQs
Is Emmett Shear the CEO of Twitch?
No, Emmett Shear is not the CEO of Twitch; he resigned in March 2023.
Who is the interim CEO of OpenAI?
Emmett Shear is the interim CEO of OpenAI, taking over Mira Murati and former CEO Sam Altman.
Who owns OpenAI?
OpenAI is owned by investors, including Microsoft, other stakeholders, and the original OpenAI non-profit foundation.
Radhika Gupta, one of the youngest CEOs of India has caught the attention of many young entrepreneurs for her entry into the Shark Tank as the 4th judge of the 3rd season.
Radhika Gupta’s journey from an underconfident girl with a birth defect to becoming the CEO of Edelweiss, a prestigious Fortune 500 company, is an inspiring one.
Letâs dive into Gupta’s journey which is a testament to the power of perseverance and the belief that, with determination and hard work, you can defy the odds and achieve your dreams.
Radhika Gupta’s life started with a unique twist â quite literally. At birth, she faced a challenging complication that left her neck permanently tilted. This early struggle understandably affected her confidence, but she didn’t let it define her. Instead, she transformed her life’s trajectory and went on to achieve remarkable success.
Born on 14 September 1983, in Pakistan, she is a global citizen. Being the daughter of an Indian diplomat, she has lived across many continents like Asia, Africa & America studying in many different schools all around the world.
She attended Marymount International School of Rome from 1999 to 2001. Post this, she went on to gain a degree in Computer Science Engineering with a minor in Mathematics from the University of Pennsylvania. Also, her interests in finance & management made her pursue a B.Sc. in Economics from the Wharton School.
All this was not as easy as it is said because to achieve this feat, she had to overcome all the bullies she faced for her appearance and her Indian accent.
Radhika Guptaâs Inspiring Story! | Heart to Heart – Honest Conversation | The Ranveer Show
Radhika Gupta – Career
Her struggles and accomplishments didnât stop at school & college life. Post her graduation she applied for jobs at several companies. But, to her dismay, at the age of 22, she got her 7th job rejection. She had lost all her hopes and even spoke to her friend about committing suicide.
But, since bad days donât last forever, things changed & everything started to fall in place when she bagged her first job at McKinsey as a Business Analyst. After continuing there for three years, she moved back to India at the age of 25 where she co-founded her asset management firm Forefront Capital Management in Mumbai, with her husband & friend. This firm was later acquired by Edelweiss Financial Services Limited in 2014. This marked her entry into the sector of asset management.
Radhika Gupta – One of Indiaâs Youngest CEOs
Three years later in 2017, with the encouragement of her husband, Radhika became the CEO of Edelweiss Mutual Fund. Her passion and experience augmented the assets managed by the company to a great extent.
During this period, she achieved several new goals including the pivotal role she played in the acquisition of JP Morgan Mutual Fund, leading its integration into Edelweiss, and her guidance to Edelweiss in launching Indiaâs first corporate bond ETF, the Bharat Bond ETF.
With all this, she has the pride of being Indiaâs only female head of a major asset manager and setting up the country’s first domestic hedge fund.
Her transformation from a shy under-confident girl to a prominent figure in the financial sector can be summarised in her saying,
Be aggressive enough in business that you donât sleep during the day, but conservative enough that you donât have sleepless nights.
Radhika Gupta – Shark Tank India
Radhika Gupta – Shark Tank India Judge
Adding a feather to her cap, in the latest, she has been selected as the fourth judge on the 3rd season of the upcoming Shark Tank, the popular reality TV show.
She has expressed her excitement about this on her social media post,
âFounded a company. Building another one. And investing in many others that are building the India of tomorrow. Love everything about entrepreneurship and want to do everything to cheer for those who are building this country. This weekend at Shark Tank India is just about that. Super excited to learn, share, and be part of the magic of new!â
Radhika was born to a diplomat father, Yogesh Gupta, and mother, Arti Gupta. Since her childhood, due to the transferrable nature of her dadâs job, she has traveled to many countries.
She is married to Nalin Moniz who has been a huge support in her successful career. They have a child, Remy Gupta Moniz.
She is a public speaker and is often seen talking about financial education at many corporate events and motivational sessions. She is also quite active on social media platforms with thousands of followers. One of her talks on YouTube, titled âThe Girl With a Broken Neckâ, has been viewed more than 110,000 times.
Radhika Gupta – Awards and Recognitions
With so much dedication and hard work, itâs obvious that Radhika is a recipient of many awards and recognitions:
She has received the Economic Times 40 Under 40 Business Leaders Awardâ in 2021
âShe has also received the badge of LinkedIn Top Voices in India-2021 under the category Finance & Economy-2020
She is also a Young Global Leader of the World Economic Forum-2022
She received the CII Young Women Leader of the Year from the Confederation of Indian Industry (CII)â-2022
She also received Forbes Women Power â Self Made Women by Forbes India-2022
She was given Business Today’s Most Powerful Women in Indian Business Awardsâ-2019 & 2021
Radhika was enlisted under Fortune India’s 50 Most Powerful Women in Businessâ-2020
She also received the Impact Creator Awards 2021 presented by the Governor of Maharashtraâ-2021
She was given Business Book of the Year -Self Help (Limitless) by FICCI Publishing awards-2023
Radhika Gupta – Quotes
As someone who overcame a lot of bullies and hurdles, Radhika confidently says,
Celebrate all your perfections. Celebrate all your imperfections. Celebrate everything in the middle. Because when this comes together, this is your own story.
FAQs
Who is Radhika Gupta?
Radhika Gupta, an Indian business leader, holds the position of Chief Executive Officer at Edelweiss Asset Management Limited.
How many mutual funds schemes does Edelweiss offer?
Edelweiss Mutual Fund offers about 51 mutual fund schemes.
What was the first job of Radhika Gupta?
The first job of Radhika Gupta was as a Business Analyst at McKinsey.