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Rahul Sharma: CEO & Co-founder, Micromax




Rahul Sharma: CEO & Co-founder, Micromax

Rahul Sharma: CEO & Co-founder, Micromax

Rahul Sharma is the Chief Executive Officer (CEO) at Gurugram based portable assembling organization, Micromax Informatics. He Co-established the organization alongside Rohit Patel on 29 March, 2000. He is broadly known as virtuoso showcasing planner. In the year 2014, Fortune magazine named Rahul among the 40 most persuasive individuals younger than 40. He was named the Forbes Person of the Year (2010), and GQ Man of the Year (2013). 

Rahul Sharma has a total assets of more than Rs.4070 crores. 

Rahul Sharma-Biography 

Name Rahul Sharma
Born 14 September, 1975
Birthplace Mehrauli, Delhi, India
Age 45 (2020)
Nationality Indian
Education Rashtrasant Tukadoji Maharaj Nagpur University; University of Saskatchewan, Canada
Profession Entrepreneur
Position CEO & Co-founder, Micromax
Net worth ~ Rs. 4070 crore
Father School Principal
Mother Homemaker
Marital Status Married ( 19 January, 2016)
Spouse/Wife Asin Thottumkal
Daughter Arin Sharma

Find out about the Amazing Biography of Rahul Sharma alongside his Personal and Professional Life Story as Microsoft Owner and the sky is the limit from there.. 

  • Rahul Sharma-Personal Life 
  • Rahul Sharma-Education 
  • Rahul Sharma-Professional Life 
  • Rahul Sharma-Startup 
  • Rahul Sharma-Challenges 
  • Rahul Sharma-CEO of Micromax 
  • Rahul Sharma-YU Teleentures 
  • Rahul Sharma-Honors and Awards 

Also Read:- Verghese Kurien: Founder of Amul Dairy

Rahul Sharma-Personal Life 

Rahul was brought into the world on 14 September, 1975 in Delhi, India. He had a straightforward youth , his dad being an educator and his mom, a home creator. 

He indefatigably contacted statures and featured his expert vocation. Today, he is effective and has a sumptuous house at Mehrauli suburb and rides in a Rolls-Royce Ghost. He got hitched to a popular Bollywood superstar, Asin Thottumkal on 19 January, 2016 and the couple bear a girl also. 

Rahul Sharma-Education 

Rahul has two college degrees. He sought after Mechanical Engineering from Rashtrasant Tukadoji Maharaj Nagpur University. 

He later completed a Bachelors in Commerce from the University of Saskatchewan, Canada. 

He likewise partook in the program for Owner\President Management (OPM) from the famous Harvard Business School in Boston, Massachusetts. 

Rahul Sharma-Professional Life 

Rahul had a solid foundation in item merchandise and innovation advertising. He holds a broad information on building brands and dispatching new items. He in the end drove a scope of effectively lobbies for worldwide brands including, Microsoft Xbox, Procter and Gamble, Shaw Communication's TV administrations, and so on 

In addition, he began working with Shaw Communications Inc as their Vice President for their On-Demand Television Services from February 2004. He drove the Corporate Sales and Marketing , likewise inspected advertising and improvement of Shaw's On Demand items, for example, Pay Per View, Video On Demand and Digital Pay Television. 

Prior to joining Shaw, he chipped away at a scope of Management-levels jobs in Communications, Consumer Marketing and Brand Management. He established an Indian versatile assembling organization, Micromax Informatics alongside a portion of his companions in 2000. He worked in an assembling organization for one and a half year prior to choosing to build up his own endeavor. 

Also Read:- Trishneet Arora: Founder & CEO of TAC Security

Rahul Sharma-Startup 

Everything began when Rahul was talented a PC by his dad during the last part of the 90s. He was exceptionally dazzled by the innovation lastly chose to dispatch Micromax programming with three of his companions. 

Rahul alongside one of his neighbor, Rajesh Aggarwal and two of his companions, Vikas Jain and Sumeet Arora unconditionally established Micromax Informatics in 2000. The organization at first chipped away at low-end innovation items. The endeavor supported when Nokia warmly greeted the organization and turned into its accomplice in 2001. 

Micromax in the long run made a recurrence change instrument for Bharti Airtel Limited, that permitted to set up a colossal organization of "payphones", an area where BSNL and MTNL were getting a charge out of a syndication. 

Micromax Informatics Company Details: 

Micromax Informatics Owners Rahul Sharma, Rajesh Agarwal
Valuation ~ Rs 1,358 crore
Founded March 29, 2000
Headquarters Gurugram, Haryana, India
Revenue INR 2,368.79 crores (2018–2019)
Subsidiraies YU Televentures, Bhagwati Products Limited, Mobi Serve, YU Televentures Pvt. Ltd, Micromax Informatics FZE

Also Read:- Wallace Calvin Abbott: Founder of Abbott Laboratories

Rahul Sharma-Challenges 

At the point when Micromax began extending its business, the organization found a cellphone that would run for an entire month on a solitary charge. From that point, the organization had to concoct some different thoughts, since no merchant was able to purchase the telephones. 

The organization influenced their advantage towards double sim telephones. Therefore, Micromax turned into the main organization to dispatch double sim telephones with a "solitary baseband" in India. As of January 2014, Micromax sold around 2 million handsets and 80,000 tablets consistently. Hugh Jackman is one of Rahul's number one entertainer, was previously the brand represetative of Micromax. 

Rahul Sharma-CEO of Micromax 

Rahul is at present assigned as the CEO of Micromax. Under his initiative, the organization developed from $10,000 to $36 million. He analyzes the Product Strategy and fill in as the Channel Sales Executive Director of Micromax too. 

Micromax income hit US$330 million out of 2018-2019 and the organization got Hugh Jackman as their image represetative. The organization soar because of the selective offer of their outstandingly minimal effort portable handsets. 

Ultimately the organization has additionally begun producing electronic gadgets and machines, for example, LED TVs and tablets at their manufacturing plant in Rudrapur, Uttarakhand. While Akshay Kumar and Twinkle Khanna were among the primary superstars who supported Micromax telephones. 

Micromax's Valuation is around Rs 1,358 crore. 

  • Organizations that contributed on Micromax 
  • Madison India Capital 
  • Sandstone Capital 
  • Sequoia Capital 
  • TA Associates 

Also Read:- Vishal Gondal: Founder & CEO of GOQii

Rahul Sharma-YU Teleentures 

The greatest increase that Rahul got from Micromax is YU Teleentures, which is a joint endeavor of Micromax Informatics and Cyanogen Inc. The OS was ended by the CyanogenMod engineers when YU formally took the Cyanogen Operating System in the country. 

Rahul holds a 99% stake of the organization, with the two fellow benefactors of Micromax, Sumeet Arora and Vikas Jain holding the excess 1%. Cell phones like YU Yureka and YU Yuphoria assumed control over the market during its delivery, since there was a race to purchase these cell phones inferable from its stunning highlights and low cost. 

Rahul Sharma-Honors and Awards 

  • He was presented with the IT Person of the Year in 2016 by DataQuest. 
  • He was named the Entrepreneur of the Year in 2016 at the Hello Hall of Fame program. 
  • He was met with the Hindustan Times Game Changer Award for greatness in his field and his commitment to society.


Date

04 Mar, 2023

Author

CrowdforThink

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