Monday, June 5, 2023

Meet Amit Chaudhary, the founder of a company that is funded by Ratan Tata and is worth Rs 37,000 crore.

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When Amit Chaudhary finally got the chance to meet his hero Ratan Tata in 2019, he shared his thoughts in a lengthy post on LinkedIn. In addition to that, Peyush Bansal is a very good friend of his.

It has been claimed that the Abu Dhabi Investment Authority, also known as ADIA, is purchasing interests in the Indian company Lenskart. According to a story that was published in Bloomberg, the authority has proposed making a purchase of new and old shares that would total $500,000 in total. The present valuation of the corporation is greater than 4 billion dollars. The value of the company will improve even further as a result of this transaction. Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi are responsible for the establishment of Lenskart. The e-commerce platform currently has numerous institutional investors, such as KKR and company, Softbank Group, Temasek Holdings, and Premjiinvest. According to the article, Peyush Bansal also has an initial public offering (IPO) in the works for the next forty-eight months. Who is Amit Choudhary, the co-founder of Lenskart who is said to be Ratan Tata’s biggest fan?

Peyush Goyal is now a well-known figure in Indian pop culture as a result of his participation in the hit show Shark Tank India. Yet, there is not a lot of information available concerning Amit Choudhary, who serves as the Chief Operational Officer of the organisation. Almost one point zero six hundred million dollars worth of capital came in over 19 separate rounds for Lenskart. The most recent round of investment took place on November 4th, 2022. The company was able to secure 51 million dollars in funding. The company had gotten off to a bad start financially. The company’s sales for the year 2021 came in at $120.64 million.

Peyush Bansal completed his secondary education at Don Bosco High School in Delhi and then went on to earn his degree in engineering from McGill University. He received his diploma from IIM Bangalore. In 2010, he was promoted to the position of CEO at Lenskart. His wealth is estimated to be close to Rs. 650 crore.

Who precisely is this Amit Chaudhary? He is the Chief Operating Officer of the organisation. In the subject of analytics, it is well recognised that he possesses a profound level of comprehension. He has driven the organisation forward towards expansion by setting an example and leading from the front. Also, it is attributed to him because the company experienced expansion throughout his tenure there. Also, he played an important role in the expansion of Lenskart’s offline retail chain.

It was in Kolkata that he made his debut. He studied in Kolkata’s Bhartiya Vidya Bhavan. He graduated from BIT Mesra with a degree in engineering. He has a Bachelor of Engineering degree in Information Technology. He did his college between 2005 and 2009.

He considers Ratan Tata to be his guide. He was guided in business by the legendary industrialist. In 2019, he had a meeting with Ratan Tata, which was followed by an emotional post on his LinkedIn profile.

“During the first year of college, I was interested in business, so I read a book about business maharajas. The subject of Ratan Tata was covered in one of the chapters there. That made a significant impact on my life; after reading that chapter, even my thoughts were altered “he continued.

It has been reported that Ratan Tata participated in the funding of Lenskart. In 2016, he made an investment of ten thousand rupees. In addition to that, he has investments in Ola, Ola Electric,, FirstCry, Urban Company, and a number of other businesses.

The purpose of Tata’s investment was not to earn a profit off of the transaction but rather to act as an advisor. Since that time, the company has mushroomed into a gigantic enterprise. This demonstrates how valuable Ratan Tata’s direction may be. This also demonstrates the magnanimity he possesses.

According to his LinkedIn bio, “We at lenskart are enabling this.” “A simple technology like eyeglasses helps humans Do more, Be more,” the sentence adds.

In addition to that, he has made investments in the businesses, WickedGud, and Cora Health.

“I was just able to share with the icon Ratan Tata how much of a motivation he is for me. When I finally got to meet my hero, it was one of the happiest days of my life “.

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