Success Story: 17 startups flopped one after the opposite, then made an organization value ₹400000000000, by no means discovered to lose! – success story of ankush sachdeva founding father of 17 failed startups made rs 40,000 cr enterprise in 18 makes an attempt – 2024-06-21 17:44:34

by times news cr

2024-06-21 17:44:34

I had a dream about my very own enterprise

IIT graduates are recognized for his or her imaginative and prescient, onerous work and out-of-the-box pondering. They’re usually employed by massive firms at excessive salaries. Right now, lots of the world’s greatest tech firms are headed by IIT graduates. Though most IITians choose well-paid jobs, some begin their very own enterprise. One such IIT graduate is Ankush Sachdeva. His dream was to start out his personal enterprise.

17 startups flopped

Ankush Sachdeva did B.Tech in Laptop Science from IIT Kanpur. After commencement, he began his first firm. However, he didn’t get success. Not giving up, he began one other firm. Nevertheless, that too failed. On this approach, he began a complete of 17 startups however needed to face failure in all of them.

Luck shone for the 18th time

For the 18th time, luck favoured Ankush. He began ShareChat. ShareChat is a social media platform that’s specifically made for Indian folks. This platform is on the market in 15 languages. These embody Hindi, Malayalam, Gujarati, Marathi, Punjabi, Telugu, Tamil, Bengali, Oriya, Kannada, Assamese, Haryanvi, Rajasthani, Bhojpuri and English. Ankush Sachdeva felt that to attach the folks of small cities and cities of India, there’s a want for a social media platform that’s of their language. That is the rationale why ShareChat bought a lot success.

Two pals labored collectively

Ankush Sachdeva accomplished his education from Somerville Faculty. After this, he did B.Tech in Laptop Science from IIT Kanpur. Earlier than graduating in 2015, he additionally did an internship at Microsoft from Could to July 2014. After failing to start out a startup 17 instances, Ankush launched the ShareChat app alongside along with his two IITian pals Farid Ahsan and Bhanu Singh. This app was launched in October 2015. By June 2022, the worth of ShareChat had elevated to about $ 5 billion i.e. greater than Rs 40,000 crore.

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