Aman Gupta: Co-Founder of Billion Dollar Company boAt
Before creating the chic consumer electronics company boAt, Aman Gupta worked as a regular employee. In 2016, he and his business partner Sameer Mehta established an audio brand Indian company that offers everything including headphones to earbuds and portable chargers. He is currently one of India’s most successful businessmen, and his top ear-worn company generates annual sales of more than Rs. 1000 crore.
While the company has held every market position imaginable since its inception, Aman Gupta rose to fame after joining Shark Tank India as a judge aka shark. He has accomplished a lot already at age 37. He is a well-known businessman who owns a flourishing enterprise.
boAt Success Story
After only two years of operation, boAt has generated Rs. 100 crores in revenue. A power cord and charger for Apple iPhones were among the first products sold by boAt. These Apple chargers later became one of the best sellers on Amazon. The boAt became a market leader in the earwear sector in 2019, and Aman Gupta was named the Entrepreneur of the Year in the Consumer Durables sector the following year. India is currently home to around 5000 boAt flagship devices.
boAt devices have so far been sold to almost 20 million people worldwide. Aman Gupta strongly believes in making money rather than spending it. Since its inception, boAt has evolved into a lucrative business that has achieved success. Selling things that are fashionable, affordable, and long-lasting has always been Aman and Sameer’s top priority.
In 2020, boAt was recognized as the fifth-largest wearables company worldwide. The company collaborated with actress Jacqueline Fernandez and sportsmen Hardik Pandya and KL Rahul as marketing ambassadors. Due to the dedication of both Aman and Sameer, boAt as a business has reached new heights in just five short years.
Early Life
Aman Gupta was born in New Delhi. He studied at Delhi Public School in R.K. Puram. Later, he graduated from Delhi University with a commerce bachelor’s degree. He pursued Accounting and Financing at the Institute of Chartered Accountants of India after receiving his bachelor’s degree.
Before establishing his own business, he worked as a Chartered Accountant. Aman worked in a variety of fields for a considerable period of time before creating boAt. Just after finishing his education, he began working for Citi Bank as an Assistant Manager for two years. In 2005, Gupta established Advanced Telemedia, where he worked as a consultant for a number of multimedia businesses, such as Telex, Beats Audio, Sennheiser, etc.
He then became a senior management consultant in KPMG‘s Strategy Services Group in 2011. In the same year, he completed his master’s degree in business administration at Kellogg School of Management. Later, he held the position of director of sales at HARMAN International where he oversaw the commercial expansion of companies like Nokia, Apple, Micromax, etc. Finally, he and Sameer Mehta established boAt in 2016.
Lessons Learnt
Being from a lower-middle-class household, Aman Gupta is perhaps the most inspiring entrepreneur in the nation. Through his consistent efforts, he was able to realize his dream of prosperity. Aman has had a very successful life. He was raised in a middle-class household in India, although his schooling was not conventional. At the age of 19, Aman began working for an online business.
He rapidly came to the conclusion that he had a knack for entrepreneurship, and shortly after that, he founded his own company. The company began in 2009 with just one product and has since grown to offer a wide range of goods and services. The life of Aman Gupta is one of achievement and talent. His devotion to his business has contributed to its success. His success story demonstrates how one can take advantage of chances when they arise.
I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.
