The World Opinion

Tag: Business Success Story

  • Success Story: Meet Mukesh Ambani’s Close Relative Who Worked With BCCI Long Before Ambani Founded the Mumbai Indians In IPL | Companies News

    New Delhi: As we all know Ambani’s love for cricket is well known, especially with Nita M Ambani as the owner of the Mumbai Indians in the IPL. But, you will be surprised to know that even before the Ambanis stepped into the realm of sports and established the Mumbai Indians in 2008, a member of their close family had been making waves in the cricketing world. 

    Yes, You heard it right!, that fascinating figure is none other than Dattaraj Salgaocar, the brother-in-law of India’s wealthiest person, Mukesh Ambani, who has had significant involvement with the Board of Control for Cricket (BCCI) in India. Mukesh Ambani has a net worth of Rs 972747 crore. 

    Member Of BCCI And President Of Goa Cricket Association:

    Dattaraj Salgaocar, also known as Raj Salgaocar, holds the position of Chairman at V.M Salgaocar Corporation Private Limited. He is married to Mukesh Ambani’s youngest sister and the youngest daughter of the late Dhirubhai Ambani–Dipti Salgaocar. Apart from running the family business, Salgaocar also has keen interests in sports, wildlife conservation and photography. (Also Read: From Sweets to Seats: Meet Man Whose Father Took A Loan Of Rs 500; Now He Owns India’s Largest Private University)

    During the period from 1994 to 1997, he was the President of the Goa Cricket Association (GCA) and a member of the Board of Control for Cricket in India (BCCI). He also established Salgaocar Cricket Club in Goa in 1974 under his family business V.M Salgaocar Corporation Private Limited.

    Virat Kohli Announced As Co-owner of FC Goa:

    Dattaraj Salgaocar’s interest was not limited to cricket only. He was also the co-founder of the Indian Super League’s (ISL) Goan franchise called FC Goa. This club was nicknamed Gaurs in 2014. Moreover, former RCB skipper Virat Kohli was announced as one of the co-owner of FC Goa. In 2016, he stepped down from the FC Goa’s ownership.

    According to reports, Salgaocar is making a comeback by forming a new club that will make its debut in the Goa Pro League next season 2024-25. (Also Read: Success Story: Meet Man Behind India’s Largest Luggage Manufacturing Brand, Linked to Isha Ambani’s Family! ; Check Net Worth)

    Mukesh Ambani’s Close Relative Academic Career:

    Dattaraj Salgaocar has a degree n production engineering from VJTI, Bombay University. Moreover,  he did MBA in Finance from Wharton Business School. Salgaocar was honored as a Wadia scholar during his college years and later as a Tata scholar for his postgraduate studies. 

  • Business Success Story: From Batter To Business, The Rise Of Vikesh Shah, Founder Of 99 Pancakes | Companies News

    New Delhi: Vikesh Shah, the founder of 99 Pancakes, embarked on his entrepreneurial journey at the age of 16 to support his family. Born in Mumbai, India, in 1979, Shah’s determination and hard work led him to pursue various business ventures in the food industry, ultimately culminating in the establishment of 99 Pancakes.

    Entrepreneurial Journey

    Shah’s foray into the food business began with a part-time job at a bakery after completing his 12th standard. His early struggles and the need to contribute to his family’s finances instilled in him a strong work ethic and a drive to succeed. Subsequently, he ventured into corporate catering and other food-related businesses, laying the groundwork for his future endeavors.

    Founding 99 Pancakes

    In 2017, Shah founded 99 Pancakes with an initial investment of Rs 9 lakh. The chain, known for its diverse range of pancake flavors, quickly gained popularity and expanded to 45 stores in 15 cities across India. The brand’s turnover reached Rs 13.5 crore, reflecting the remarkable success of Shah’s innovative venture.

    Innovative Approach and Future Plans

    Shah’s commitment to innovation is evident in his recent creation of fruit shots, aimed at making fruits more appealing to consumers. Furthermore, he aspires to maintain the consistent quality of his products as he plans to expand the chain to 100 stores. Shah’s dedication to upholding product quality has led him to opt for a company-owned and operated model for the next phase of expansion, eschewing franchise allocations to ensure uniformity across all outlets.

    His success story serves as a testament to the potential for achievement through hard work and dedication in the business world.

    The provided search results offered insights into Vikesh Shah’s entrepreneurial journey, his founding of 99 Pancakes, and his innovative approach to business. The information was utilized to construct a comprehensive overview of Vikesh Shah’s success story, incorporating his family background, entrepreneurial path, and future for 99 Pancakes.

  • Business Success Story: From Startup Vision To Billion-Dollar Success, The Journey Of CRED Founder Kunal Shah | Companies News

    New Delhi: Kunal Shah, the visionary entrepreneur behind CRED, was born and raised in Mumbai, India. Coming from a middle-class family, Shah’s upbringing instilled in him values of hard work, perseverance, and innovation. His family background provided him with a strong foundation, nurturing his entrepreneurial spirit from a young age.

    Venturing Into Entrepreneurship

    Shah’s journey into entrepreneurship began early in his career. After graduating with a degree in Philosophy from Wilson College in Mumbai, he dabbled in various ventures, including starting a company called Paisaback, which offered cashback to credit card users. However, it was his stint at FreeCharge that would set the stage for his meteoric rise in the startup world.

    Founding FreeCharge

    In 2010, Shah co-founded FreeCharge, an online platform that revolutionized the way people recharged their mobile phones and paid utility bills. Under Shah’s leadership as CEO, FreeCharge quickly gained traction, attracting millions of users with its innovative approach to digital payments. The company’s success caught the attention of e-commerce giant Snapdeal, which acquired FreeCharge in 2015 for a whopping $400 million, marking one of the largest acquisitions in the Indian startup ecosystem at the time.

    The Birth Of CRED

    Following the acquisition of FreeCharge, Shah didn’t rest on his laurels. In 2018, he founded CRED, an exclusive platform that rewards users for paying their credit card bills on time. With CRED, Shah aimed to address the issue of credit card debt while providing users with a premium experience. Despite skepticism from some quarters, Shah’s foresight and understanding of consumer behavior propelled CRED to success.

    Redefining Credit And Rewards

    CRED’s unique value proposition resonated with affluent credit card users, who were drawn to the platform’s sleek interface, personalized offers, and attractive rewards. By gamifying credit card payments, Shah effectively incentivized responsible financial behavior while fostering a community of high-spending, credit-worthy individuals.

    Continued Innovation And Growth

    Under Shah’s guidance, CRED has continued to innovate, expanding its offerings to include services like CRED RentPay and CRED Pay, further cementing its position as a leader in the fintech space. Despite facing challenges along the way, Shah’s unwavering determination and strategic vision have enabled CRED to thrive, attracting millions of users and garnering the attention of investors worldwide.

    By leveraging technology to solve real-world problems and staying true to his vision, Shah has not only transformed the way people perceive credit but has also redefined the boundaries of possibility in the startup ecosystem. As CRED continues to grow and evolve, Shah’s legacy as a pioneering entrepreneur is sure to endure for years to come.