Success Story of Aman Gupta

Indian businessman Aman Gupta is the Chief Marketing Officer (CMO) and co-founder of boAt. BoAt is an ear wear audio company that sells a range of items, from portable chargers to headphones. In 2016, Aman and Sameer Mehta, a business partner, founded the firm. With annual sales of more than Rs. 1000 crores, it is currently one of India's top ear wear enterprises. Before joining boAt, Gupta had positions at a number of businesses before starting his own business. One of the investors on Shark Tank India is Aman Gupta. Here is his tale of success.

Early Life
Education
Idea of Boat
Success story of Boat
Award and Achievement
Net-worth
Investments
Interesting fact
Lesson from Aman success
Wrapping up

Early Life

Aman Gupta was brought into the world in 1982 in Delhi, India. Gupta had a place with a working class family with his dad, Neeraj Gupta, a chief, and his mom, Jyoti Kochar Gupta, a housewife. He finished his tutoring at Delhi Government funded School, R.K. Puram. Afterward, Gupta graduated with a level of Lone ranger in Trade from Delhi College. As well as being a business visionary, he is likewise a sanctioned bookkeeper. From 1999 to 2000, he learned at the Foundation of Sanctioned Bookkeepers of India, where he had practical experience in bookkeeping and money. Subsequent to completing his examinations, Gupta filled in as an associate director at Citi Bank for a long time. Gupta's excursion in the enterprising scene started in 2005 when he sent off Cutting edge Telemedia Pvt Ltd.

At Cutting edge Telemedia, he helped send off a few worldwide brands like Beats Sound, Sennheiser, Wire, and others in the Indian market. Afterward, in 2011, Gupta filled in as a senior administration specialist at KPMG's Methodology Administrations Gathering. Around the same time, he finished his lord's ready to go organization at Kellogg School of The executives. Then, he worked at HARMAN Worldwide as the overseer of deals, where he drove the business advancement of brands like Apple, Nokia, and Micromax in the Indian market. At last, in 2016, he and Sameer Mehta sent off boAt.

Education

In the wake of finishing his school training from DPS he brought entrance into Shaheed Bhagat Singh School, Delhi College in B. Com in 1998. During his Graduation days, Aman's dad recommended him to become Contracted Bookkeeper, and in the year 1999, he brought entrance into the ICAI CA program. He lost his advantage in the middle of between the program. Regardless of this, he finished CA in 2022 and become perhaps of India's most youthful CAs.

Subsequent to finishing CA he joined Citibank and worked there as an Associate Director till 2005. In September 2005 alongside his dad, Aman began another business named Progressed Telemedia Pvt Ltd. He was the Chief and prime supporter of the organization. The organization didn't do well then his better half recommended he to seek after MBA. In the year 2010, he took conceded at Indian Institute of Business in MBA (Money and Technique) program. He was additionally a graduate of Kellogg Graduate School of The executives in MBA (General Mgmt and Promoting) as a student from abroad.

After their MBA he worked in organizations like KPMG where he was a Senior Administration Expert (2011 - 2012) and HARMAN Worldwide as Chief (2012-2013).

Idea of boAt

2016 was the year when boAt was established. boAt's underlying item was headphones, earphones, speakers, travel chargers, and premium tough links. Inside the two years, the organization checked 100 crores of business.

boAt had seen a destruction when their Apple Charger and Link got grumblings about mileage. Yet, the organization accepted it as a test and denoted their wire as an 'indestructible' one. The item becomes one of the most incredible selling things on Amazon after that.

In 2020, an accomplishment added to the Aman Gupta example of overcoming adversity. He got the Business visionary of the Year grant in the Purchasers Durables class. Today, the organization has around 5,000 stores all around the nation and 20 million clients up until this point.

Success story of Boat

Inside the initial two years of beginning boAt, the organization did Rs 100 crores in deals. The primary item delivered by boAt was an Apple charging link and charger. The Apple charger turned into the most elevated selling item on Amazon. In 2019, it turned into the main brand in the earwear classification. In 2020, Aman Gupta got the Business person of the Year in Buyer Durables. Today, the organization has around 5,000 stores all around the country. They have offered their items to roughly 20 million individuals up until this point.

In a meeting, Aman expressed that they have faith in bringing in cash and not consuming it. From the absolute first year, the organization has been beneficial. Its principal objective is to sell solid, reasonable, and snazzy items. In 2020, boAt turned into the fifth biggest wearable brand on the planet. The organization's image diplomats incorporate Jacquline Fernandes, KL Rahul, Hardik Pandya, and more VIPs. The organization was established in 2016. It has arisen as India's No. 1 Audioware brand. Aman took boAt higher than ever in five years with his business venture abilities and difficult work.

Award and Achievement

In 2019 He Won The Businessworld Young Entrepreneur Award
In 2019 He Was On The List Of Entrepreneur India Tech 20 Class
In 2020 He Was The Winner Of Super 30 CMO's
In 2020 He Won The Entrepreneur Of The Year Award
In 2020 He Was On The List Of 40 Under 40 Achievers By Businessworld
In 2020 And 2021 His Brand Boat Became The World's Top 4 Wearable Brand
In 2021 He Was On The List Of 40 Under 40 Economic Times.
In 2021 He Won The Lokmat Stylish Entrepreneur Of The Year

Net-worth

Purportedly, Aman Gupta has a total assets of Rs. 10,500 crores. He gets Rs. 40 crores every year from his organization boAt.

Investments

Aman Gupta was already an active investor before joining the reality show. He has invested in several companies and start-ups. Some of his investments are listed here-

Shiprocket
WickedGud
Skippi Ice Pops
10 Club
FREECULTR
Bummer
The Reenal Project
Anveshan

Investment in Shark Tank::

Business Name	Final Offer	Investors
BluePine Foods	₹75 lakhs	Ashneer, Aman, Vineeta
(momos)	16% equity	Ashneer, Aman, Vineeta
Peeschute	₹75 lakhs	Aman Gupta
(urine bag)	6% equity	Aman Gupta
Bummer	₹75 lakhs	Aman, Namita
(underwear)	7.5% equity	Aman, Namita
Revamp Moto Mitra	₹ one crore	Aman, Anupam
(E.V. bike)	1.5% equity	Aman, Anupam
Skippi Ice Pops	₹ one crore	All sharks
(popsicles)	15% equity	All sharks
Raising Superstars	₹ one crore	Aman, Ashneer
(kids tutor)	4% equity	Aman, Ashneer
Beyond Snack	₹50 lakhs	Aman, Ashneer
(banana chips)	2.5% equity	Aman, Ashneer
Altor	₹50 lakhs	Namita, Aman
(Smart Helmets)	7% equity	Namita, Aman
Ariro Pvt Ltd	₹50 lakhs	Aman, Peyush
(wooden toys)	10% equity	Aman, Peyush
Nuutjob	₹25 lakhs	Namita, Aman, Peyush
(male hygiene)	20% equity	Namita, Aman, Peyush
Meatyour	₹30 lakhs	Anupam, Aman, Peyush
(egg)	20% equity	Anupam, Aman, Peyush
EventBeep	₹30 lakhs	Aman, Ashneer, Peyush
(student community)	3% equity	Aman, Ashneer, Peyush
Farda	₹30 lakhs	Aman, Namita
(streetwear)	20% equity	Aman, Namita
Loka	₹40 lakhs	Aman, Anupam, Peyush
(Metaverse app)	24% equity	Aman, Anupam, Peyush

Interesting Fact

Aman Gupta is one of the youngest CAs in India. He completed his CA in the year 2022 when he was just 20.
Aman Gupta is very much inspired by Jeff Bezos.
He is also the Chairman of the D2C Council in the Internet and Mobile Association of India.
Boat use influencers to promote the brand and these brand influencers are called “BoAtheads”. These brand influencers include Kiara Advani, Hardik Pandya, Shreyash Iyer, Diljit Singh, etc.
These days he has gained popularity for being a judge in the first season of Shark Tank India.
He has been felicitated with various awards. These include- the Businessworld Young Entrepreneur award in 2019, Entrepreneur of the Year in 2020 etc.
He was also listed in Economic Times as 40 under 40 in the year 2021.
He has been also awarded the title of Most Stylish Entrepreneur in Lokmat Most Stylish Awards

Recent Updates:

As of late, in May 2022, Aman Gupta, the prime supporter of boAt reported that the organization will zero in on developing its wearable contraptions range this year. He additionally discussed extending the organization's disconnected market. Aman plans to reach however many clients as he can by developing the disconnected market of boAt. Besides, he said that the brand has marked the famous Telugu entertainer Rashmika Mandanna as boAt's image envoy. With Rashmika's appearance, boAt expects to carry an alternate segment to the brand. Aman likewise examined the impending items that will be accessible this year. He said that the brand will send off another scope of varieties and fragments for ladies. For the send off, boAt will team up with the well known Indian style fashioner Masaba Gupta.

What does Aman Gupta success story say?

Aman Gupta example of overcoming adversity tends that assuming you have energy, you can accomplish your fantasies. As we can see through his excursion, he is a committed and diligent man. His endeavors in taking the organization to the pinnacle are truly considerable. The key to making progress is his confidence in himself. It instructs us that ceaseless difficult work and assurance assist you with accomplishing your objectives.

Aman has worked in a few organizations prior to establishing boAt. At last, he got into his fantasy land and turned into a fruitful business person. Aman Gupta example of overcoming adversity was not all that simple. He gained from his mix-ups and never surrendered any desire for accomplishing levels.

Wrapping Up

Aman Gupta's story is one of achievement and expertise. His obligation to his organization has permitted it to procure a good outcome. The Aman Gupta account helps show how making the best of the open doors that current themselves is conceivable.