In 2021 Aman Gupta made investments in WickedGyd, Shiprocket, and 12club. Today Aman Gupta’s net worth is 95 million dollars. You are not alone to check for the phrase ” net worth of Aman Gupta”. It has been known by all the viewers of Shark Tank that Aman Gupta has complete knowledge of building brands. He is the co-founder of boat_a startup which now controls 48% of the market share in the industry.
Talking about the brand names on the Kapil Sharma Show, he told that they wanted to create a lasting image with users while naming the brand. Therefore they named the first word that came to their mind as Apple was already taken for the first alphabet so what was left second was a birthed boat.
Speaking about his company Gupta said, we think about earning money not burning money. He is a great investor in Shark Tank India who helps young and old entrepreneurs to grow.
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Aman Gupta Biography:
What history does Aman Gupta have? Gupta established a boat an Indian consumer electronic business that specializes in headgear with audio technologies. Before the establishment of Boat, Gupta was the sales director at Harman international. He was in charge of JBL, Harman Kardon, and AKG, three consumer electronics brands marketed by Harman international from the company’s headquarters in New Delhi.
He also worked as a senior management consultant in KPMG.s strategy services groups in the Gurgaon office.
Aman Gupta Education:
He did his schooling at Delhi public school. And his business degree was secured by him in the Delhi University. Then in 2011, he did his MBA in marketing from Kellogg school of management.
From 1998 to 2001, Gupta attended Delhi University and graduated with honors after completing a Bachelor of Commerce degree there.
Aman Gupta Career:
Being the co-founder of Advanced Telemeda Pvt Ltd, Gupta started his career. The purpose of this firm was to bring Sennheiser, beats audio, and Telex to the Indian market.
He had been the sales director at Harman international before funding boat. When he was in charge of the consumer electronics brand portfolio supplied by Harman international in India, which included JBL, Harman Kardon, and AKG.
The boat is an Indian business that had been started in 2013. Aman married Priya Dagar in 2008. Ada and Mia Gupta are their two daughters. Aman Gupta will be 40 years old in December 2022. The co-founders want to create a global audio company outside of India.
The firm boat was created in 2016 by Sameer Mehta and Aman Gupta who started selling trendy audio equipment. In the starting two years, the company used to offer headphones, earbuds, travel chargers, and speakers and got success by making domestic sales of 100 crores.
BoAt’s Success:
The debut offering of the boat was unbreakable apple charging and charger. The reason was that the original Apple cables used to break at ends. A tough, braided line with a 10,000 bend life cycle was developed by one of the boat investors. What people needed was something that lasts for a long and operate perfectly. Therefore this product was revolutionary. The cost of this cable was less than that of the Apple, costing $1500 per device. The most popular item on amazon was the apple charger and the charger made by boat.
Aman Gupta Revenue from the boat:
From 2017 to 2018, the sales of the company grew to 27 crores. The boat sold over 6000 units each day. Sales of the company exceeded RS 500 crore in FY 2020, up 108 percent from F.Y. 2019. Its business was successful for five years running.