You’ve probably heard of the popular Indian matrimonial website Shaadi.com, but do you know how much its founder Anupam Mittal is worth? This wildly successful entrepreneur has built an online empire and amassed a huge personal fortune along the way. Mittal’s journey from humble beginnings to mega-rich status is an inspirational rags-to-riches story. In this article, we’ll look at Mittal’s net worth in 2024, find out how he made his crores, and learn lessons from his experience that could help you on your own path to prosperity. Whether looking for business insights or just curious about how the Shaadi.com founder got so rich, you’ll discover Anupam Mittal’s net worth and learn how he built his online matchmaking empire into a money-making machine.
Name: | Anupam Mittal |
Net Worth: | $23 Mn or Rs 190 Cr |
Salary: | $1.5 Million + |
Monthly Income: | $1,50,000 + |
Profession: | Indian entrepreneur |
Age: | 52 Years |
Yearly Income: | $2 Million + |
Nationality: | Indian |
Date Of Birth: | 23-Dec-1971 |
Birth Place: | Mumbai |
Gender: | Male |
Parents: | Bhagwati Devi Mittal and Gopal Krishna Mittal |
Anupam Mittal’s Entrepreneurial Beginnings
The start of Anupam Mittal’s entrepreneurial journey began in 1997 when he founded Shaadi.com, India’s first online matrimonial service. At just 26, Mittal’s vision was to leverage the power of the Internet to enable people to find life partners – something that would transform matchmaking in India.
Net Worth (2023) | $23 Million |
In Indian Rupees | 185 Crores |
Profession | Entrepreneur |
Monthly Income | $1,50,000 + |
Yearly Income | $2 Million + |
Years active | Since 1996 |
Last Updated | 2024 |
Mittal spent months living in a garage, creating the website from scratch. His dedication and hard work paid off, and Shaadi.com launched in 1996, gaining 100,000 members in just the first year. Over the next decade, Mittal grew Shaadi.com into a global brand and India’s largest matrimonial service.
The success of Shaadi.com established Mittal as a pioneer of India’s dot-com revolution. But Mittal wasn’t done. He went on to launch Makaan.com, a property portal, in 2006 and Mauj Mobile, a mobile value-added services company, in 2007.
A Shrewd Investor
Mittal is also a shrewd investor, with stakes in over 60 startups. Some of his major investments include restaurant discovery platform Zomato, furniture rental startup Furlenco, and social e-commerce company Shop101. Mittal’s Midas touch and uncanny ability to spot potential unicorns early on is what makes him such a sought-after investor in India’s startup ecosystem.
Over 20 years since founding Shaadi.com, Mittal has built a diversified tech conglomerate worth over $300 million. But money has never been the motivation for this serial entrepreneur. For Mittal, it’s always been about the thrill of building innovative companies and brands that can make a real impact. His journey to riches has been one paved with passion, perseverance and patience – a true inspiration for aspiring entrepreneurs everywhere.
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The Launch of Shaadi.com and Its Success
You’ve probably heard of Shaadi.com – it’s become synonymous with matchmaking in India. But did you know it was launched in 1996 by Anupam Mittal? His goal was simple: provide a better matching experience for young Indians looking to get married.
By 2008, Shaadi.com had become the world’s leading matrimonial website for Asians. It had around 20 million users by 2011, showcasing its success in the online matchmaking industry.
- com was one of the first matchmaking sites in India. Anupam spotted an opportunity and created a platform to connect people for the purpose of marriage.
- The site focuses on matchmaking within Indian communities and the Indian diaspora worldwide. It provides detailed profiles, photos and messaging to help singles find compatible partners from similar backgrounds.
- com’s popularity skyrocketed as Internet access grew in India. Anupam invested heavily in marketing the site through TV, radio and print ads, raising awareness about online matchmaking.
- By offering a modern alternative to traditional matchmaking, Shaadi.com resonated with young, tech-savvy Indians looking to take charge of their own destiny. Its huge success revolutionised how marriages are arranged in India.
Anupam’s foresight and entrepreneurial spirit were instrumental in Shaadi.com’s rise. The site gave singles more choice and control over choosing a life partner, reflecting changing attitudes in India. Shaadi.com’s impact on Indian society and culture cannot be overstated. For Anupam, it was not just a business but a vision that shaped the way a generation views marriage.
Anupam Mittal’s Net Worth Over the Years
Anupam Mittal has come a long way since starting Shaadi.com in 1996. His net worth has steadily climbed over the years thanks to the success of his companies and wise business investments.
Year | Net Worth |
2018 | $13 Million |
2019 | $15 Million |
2020 | $17 Million |
2021 | $19 Million |
2022 | $21 Million |
2023 | $23 Million |
According to various reports, Anupam Mittal’s net worth in 2018 was around $13 million. By 2020, his net worth had increased to $15 million. Currently, in 2024, Anupam Mittal’s net worth is estimated to be $23 million (Rs 185 crore).
The famous entrepreneur has created multiple income streams that have contributed to his growing net worth. Anupam Mittal earns money from the revenue generated by his companies as well as returns from his investments. He has appeared on the popular show Shark Tank India, adding to his wealth and fame. Through his career and companies, he has amassed a net worth of $23 million in 2024.
Anupam Mittal likely earns an annual salary of $2 million. His monthly income is estimated to be $150,000 or more. In addition to his salary, Anupam Mittal owns assets worth $100,000 or more, including:
- Gold reserves of $50,000 +
- 2+ luxury cars
- 6+ luxury watches
- Stock portfolio of 6+ companies
- 1+ luxury yachts
- Crypto investments of $30,000 +
Anupam Mittal also has business income of $100,000 + as well as other income totalling $4 million +. His annual expenses are around $160,000. He pays roughly $10,000 in taxes each year.
Anupam Mittal’s inspiring story of turning a simple idea into a multi-million dollar company and amassing crores in personal wealth shows what can be achieved through hard work, vision, and persistence. His net worth is a testament to the success of Shaadi.com and his other ventures. At this rate, Anupam Mittal’s net worth will likely continue its upward climb in the years to come.
What Is Anupam Mittal’s Net Worth in Rupees Today?
According to various reports, Anupam Mittal’s net worth is estimated to be ₹185 crore as of January 2024. Mittal has achieved this sizeable net worth through his unwavering commitment and tireless efforts in building his companies over the years.
As the founder and CEO of Shaadi.com, India’s largest matrimonial service, Mittal has created a highly successful business that continues to thrive. Shaadi.com revolutionised the way people find life partners in India. The platform connects prospective brides and grooms across different communities, castes and countries.
Mittal started Shaadi.com in 1997 at the age of 24. The company began as a traditional matchmaking service but soon transformed into an online matrimonial platform as Internet adoption grew in India. Shaadi.com tapped into this opportunity early on and established itself as a leader in the space. Today, the company hosts over 5 million members and sees over 10 million visitors per month.
In addition to Shaadi.com, Mittal has invested in and mentored various startups. He appeared as one of the ‘sharks’ on the Indian version of Shark Tank, where budding entrepreneurs pitch business ideas to seasoned investors. Mittal’s business acumen and ability to spot promising opportunities have contributed to his success and growing wealth.
According to reports, Mittal’s assets include luxury cars, watches, and real estate holdings in addition to his stake in Shaadi.com and other companies. Mittal leads an affluent lifestyle befitting his status as one of India’s most prominent tech entrepreneurs and investors. At 48, Mittal has accomplished a great deal but likely has many more successful years ahead of him to build on his already sizeable net worth.
Overall, Anupam Mittal has amassed an estimated net worth of ₹185 crore through entrepreneurship, business investments, and personal assets. His journey from founding Shaadi.com at a young age to becoming one of India’s wealthiest self-made entrepreneurs is truly inspirational. Mittal’s success demonstrates the rewards of following your passions, working hard and persevering against all odds. Also Read: Akshay Kumar Net Worth.
How Mittal Achieved His Billionaire Status
Anupam Mittal’s journey to becoming a billionaire was not an easy one. Like many successful entrepreneurs, Mittal faced rejections and failures along the way but persisted through hard work and determination.
One of the keys to Mittal’s success was recognising opportunities and taking calculated risks. In the late 1990s, Mittal saw the potential for matchmaking and matrimonial services in India. At the time, arranged marriages were still common but the process was inefficient. Mittal founded Shaadi.com in 1997 to help modernise the system using technology. Despite scepticism from others, Mittal’s vision and risk-taking paid off. Shaadi.com became a pioneer in the online matchmaking space and helped legitimise the industry.
Another factor in Mittal’s rise was surrounding himself with people who shared his vision. Mittal built a team of forward-thinking individuals who helped grow Shaadi.com into a multi-million dollar company. Their teamwork and innovation allowed Shaadi.com to stay ahead of competitors.
Mittal also achieved success through strategic partnerships and investments. He partnered with and invested in several other startups in India, gaining valuable experience and connections along the way. Some of these partnerships also provided financial returns, contributing to Mittal’s wealth.
Overall, Mittal’s journey to becoming a billionaire was defined by vision, calculated risk-taking, strong leadership, innovation, and strategic investments. Through these traits, Mittal built Shaadi.com into a highly profitable company and established himself as a pioneer of India’s digital revolution. His success serves as an inspiration to aspiring entrepreneurs in India and beyond.
Anupam Mittal’s Investments and Other Ventures
Anupam Mittal is a savvy investor and has stakes in over 224 startups. His investment portfolio is worth over $23 million (Rs 185 crores) and continues to grow each year.
Assets: | $100,000 + |
Gold Reserves: | $50,000 + |
Luxury Cars: | 2 + |
Luxury Watches: | 6 + |
Stock Portfolio: | 6 + |
Luxury Yachts: | 1 + |
Crypto Investments: | $30,000 + |
Business Income: | $100,000 + |
Other Income: | $4 Million + |
Loans & Liabilities: | $3 Million + |
Annual Expense: | $1,60,000 + |
Taxes Paid: | $10,000 + |
Some of Mittal’s most notable investments are in India’s leading ride-sharing company Ola and grocery delivery service BigBasket. He invested in Ola during its Series A funding round, and the company is now valued at over $6 billion. BigBasket, where Mittal participated in a $50 million funding round, is valued at $2 billion.
Mittal’s investment firm, People Group, has also backed other major startups like Rapido, Pharmeasy, Curefit and Meesho. Through People Group and individually, Mittal invests in companies spanning e-commerce, fintech, healthtech, logistics and more. His investment choices follow his philosophy to support passionate founders building scalable businesses.
Aside from startups, Mittal has stakes in the edtech company Interactive Avenues as well as People Interactive, the company behind Shaadi.com and Makaan.com. Interactive Avenues, where Mittal was an early investor, was acquired for $35 million in 2014. Meanwhile, People Interactive continues to see success and growth under Mittal’s leadership as founder and CEO.
Mittal’s wide range of investments and successful track record of identifying up-and-coming startups has cemented his status as one of India’s most influential angel investors. His support has been instrumental in helping many entrepreneurial dreams come to fruition. With Mittal’s investments and guidance, the future of India’s startup ecosystem looks bright. Also Read: Aman Gupta Net Worth.
Awards and Recognition for the Shaadi.com Founder
As an entrepreneur and investor, Anupam Mittal has received significant recognition and accolades over the years. In 2008, he was awarded the Karmaveer Chakra Award for Entrepreneurs for Social Change. This award recognises leaders who have created platforms enabling ordinary people to be extraordinary through their social consciousness and entrepreneurial skills.
In 2014 and 2015, Mittal was listed as the top angel investor, investing in over 25 and 34 start-ups respectively. His investments have spanned various sectors like e-commerce, healthcare, fintech and more. These investments and his success as an entrepreneur and mentor earned him the Outstanding Serial Entrepreneur and Angel Investor award by The Indus Entrepreneurs (TiE) in 2020.
Through his appearances on Shark Tank India, Mittal has become one of the most well-known investors and entrepreneurs in India. On the show, he has invested in several start-ups and helped guide many budding entrepreneurs. His role as a “shark” and investor has brought him significant fame and further established him as an icon for entrepreneurship in India.
Mittal’s many accomplishments and honours are a testament to his success, vision, and role in shaping India’s start-up ecosystem. From founding shaadi.com to becoming an influential investor and mentor, Mittal has had an instrumental impact on entrepreneurship in India. His journey from a first-generation entrepreneur to a leader in India’s start-up community serves as an inspiration to many. Mittal’s recognition through various awards reflects his lasting contributions and importance as a role model for entrepreneurs in India.
What Is Anupam Mittal’s Net Worth Expected to Be in 2024?
By 2024, Anupam Mittal’s net worth is estimated to reach INR 185 crore. The famous entrepreneur and founder of Shaadi.com has built an impressive fortune over the years through his various business ventures and investments.
Anupam Mittal founded Shaadi.com, India’s first and largest matrimonial service, back in 1996. The massive success of Shaadi.com, now valued at over $300 million, has been the biggest contributor to Anupam Mittal’s wealth. He continues to serve as the CEO of Shaadi.com, overseeing its operations and expansion.
In addition to Shaadi.com, Anupam Mittal has invested in various startups, adding to his net worth. Some of his investments include entities like Makaan.com, Mauj Mobile, People Group and Nazara Technologies. He’s also participated as a ‘shark’ on the Indian version of Shark Tank, further boosting his fame and wealth.
Anupam Mittal leads an opulent lifestyle, enjoying luxurious mansions, fast cars like BMWs and Porsches, as well as lavish vacations. However, he is also actively involved in philanthropy, donating to causes like education and healthcare for the underprivileged.
By following his passion and vision, Anupam Mittal has built highly successful companies and amassed an impressive fortune. His net worth is a testament to the rewards of entrepreneurship and calculated risk-taking. With Shaadi.com continuing to dominate the online matrimony space and Anupam Mittal’s investments appreciating over time, his net worth is poised to increase substantially in the coming years.
FAQ on Anupam Mittal Net Worth in Rupees 2024: Answering Your Top Questions
You probably have a few questions about how Anupam Mittal achieved his impressive net worth. Let’s go through some of the most frequently asked questions about Anupam Mittal’s wealth and success.
How did Anupam Mittal become so rich?
Anupam Mittal became a millionaire in his 20s after founding his first company, which had a value of $40 million. However, the bulk of his wealth comes from founding Shaadi.com, India’s largest matrimonial service. Shaadi.com has millions of members and has facilitated countless weddings. Mittal continues to serve as the CEO of Shaadi.com and People Group, which owns the company.
What other businesses does Anupam Mittal own?
In addition to Shaadi.com and People Group, Mittal has invested in several other companies. He was an early investor in startups like Zomato, Policybazaar, and MakeMyTrip. He has also invested in real estate, owning residential and commercial properties across India. Mittal has appeared as a judge on the Indian reality show Shark Tank India, where he provides business expertise and invests in promising new companies.
How much does Anupam Mittal donate to charity?
Anupam Mittal is known for his philanthropic work and donates a significant portion of his wealth to worthy causes. He founded People for Change, a non-profit organisation focused on education and skill development. The organisation provides mentorship and financial assistance to underprivileged students. Mittal also donated generously to combat the COVID-19 crisis in India, providing meals, medical equipment, and financial aid during the pandemic. Also Read: Andrew Tate Net Worth.
What advice does Anupam Mittal have for entrepreneurs?
Mittal frequently shares advice for aspiring entrepreneurs:
- Follow your passion. Mittal founded Shaadi.com to help singles find love, something he cared deeply about.
- Be flexible and willing to adapt. Mittal has navigated many changes in technology and society to keep Shaadi.com relevant.
- Build a great team. Mittal credits the success of his companies to surrounding himself with talented, passionate individuals.
- Take risks. Mittal dropped out of college to start his first company at a young age. He encourages entrepreneurs to take calculated risks to pursue their dreams.
- Persevere and never give up. Starting a company is challenging, but Mittal believes persistence and determination are key to overcoming obstacles.
With hard work, passion, and vision, Anupam Mittal built one of India’s most successful companies and achieved a sizeable fortune. His story serves as an inspiration, proving that anyone with determination can accomplish great things.
Conclusion
So there you have it – the inspiring rags to riches story of Anupam Mittal. From humble beginnings, he’s built an online empire and become one of India’s most successful entrepreneurs. His net worth may be in the billions today, but he’s stayed grounded and passionate about his mission to connect people through Shaadi.com. Who knows, maybe your or your child’s wedding could be arranged through his famous matrimonial site one day! Mittal’s journey shows that with dedication and perseverance, big dreams can become reality. Even if you don’t become a billionaire, you can still find success and make a positive impact. Just stay focused on your goals and keep working hard each day to get there. The possibilities are endless if you believe in yourself.