IIT alumni include Ruchi Kalra as well. She earned a B.Tech degree from IIT Delhi, and further continued on to complete her MBA at the Indian School of Business. The top startup pioneer in India is Asish Mohapatra’s better half, Ruchi Kalra. She is a co-founder of two lucrative enterprises that resemble unicorns. It is uncommon to run two sizable companies that are profitable at a time when sizable startups are struggling to earn money. Read More Business News on our website.
Ruchi Kalra Age, Wiki
The goal of Kalra’s business strategy is to always produce a precise profit. This technique is disliked by investors who favour expansion through burning. The couple runs their startups profitably without showing any signs of distress.
In 2015, Ruchi Kalra established OfBusiness, a marketplace where businesses may buy raw materials, equipment, and other goods. The company’s valuation reached Rs 44,000 crore. She is the CEO of Oxyzo Financial Services, the lending division of OfBusiness, which received $200 million at a $1 billion (Rs 8200 crore) value. They were the first Indian couple to use this method to build two unicorns.
Ruchi Kalra Early Life
Her husband, Ruchi Kalra, is also an IITian. She earned a B.Tech. from IIT Delhi. She continued on to complete her MBA at the Indian School of Business after that. Oxyzo was founded in 2017. In essence, they provide financing to customers who buy products through their website. They lend money to small and medium-sized enterprises.
Kalra functioned as an accomplice for McKinsey for more than eight years. She runs separate businesses from her husband. They have two locations in Gurgaon.
Ruchi Kalra Net Worth
The business made Rs 197.53 crore in revenue during the fiscal year 2021. It soared to Rs 312.97 crore the following year. In 2021 and 2022, their profit was Rs 60.34 crore. The previous year it was Rs 39.94 crore.
Forbes reports that she had presented her perspective on profit at a lecture. She stated that growth and profit must coexist. She had stated at the same event that all applicable laws must be adhered to while carefully monitoring costs.
She is likewise a prime supporter of OfBusiness whose income zoomed to Rs 7269 crore in FY-22. The company made Rs 125.63 crore in profit after taxes. In an interview, she stated that 73 investors rejected their idea in 2016. However, they only required one to run their business. Her estimated wealth in 2022 is around Rs 2600 crore.