You can achieve all you have committed to if you believe in yourself. There are no limitations to success, but the only limitations you set for yourself. Prafull Billore owns MBA Chai Wala and became successful because he persevered in pursuing his objectives. He faced his share of challenges but overcame them to get to where he is now. His success serves as an inspiration for today’s youth.
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MBA Chai Wala Net Worth
The CEO of MBA Chaiwala is well known among the younger audience. He has spoken on more than 200 occasions while being only 26 years old. He spoke about various topics, including working methods, entrepreneurship events, women’s empowerment initiatives and his company ideas.
Although Prafull Billore joined the MBA program, he aimed to pursue something else. He was eager to launch his business. Prafull and his brother had designed MBA Chaiwala in their minds, which merely required the initial cash to launch their idealized firm in the marketplace.
Not all business ventures are successful, but in this case, MBA Chaiwala achieved phenomenal success shortly. The company appreciates the people who supported it when it was struggling. As of December 2022, MBA Chaiwala’s net worth was 3.4 crore. By the end of 2023, his net worth is expected to be doubled.
| Net Worth of MBA Chaiwala by Year | MBA Chaiwala Net Worth in Rupees | MBA Chaiwala Net Worth in Dollars |
| MBA Chaiwala Net Worth in 2018 | Rs. 8,29,98,500 | $ 1 Million |
| MBA Chaiwala Net Worth in 2019 | Rs. 12,44,97,750 | $ 1.5 Million |
| MBA Chaiwala Net Worth in 2020 | Rs. 16,59,88,000 | $ 2 Million |
| MBA Chaiwala Net Worth in 2021 | Rs. 21,57,84,400 | $ 2.6 Million |
| MBA Chaiwala Net Worth in 2022 | Rs. 24,89,82,000 | $ 3 Million |
Who is MBA Chai Wala?
Prafull Bilmore, commonly referred to as MBA chaiwala, is the ecstatic owner of the MBA Chaiwala franchise, which he built with his efforts and led to become a three-crore business. Prafull was born in Madhya Pradesh and is a B.Com graduate from a middle-class household.
MBA Chai Wala is a rapidly growing company known for its delicious chai in India. Via YouTube as well as other online media platforms, Prafull Billore, has also served as an inspiration to millions of aspiring Indian students and business owners.
He is proficient in English, yet most of his writing is in Hindi. Prafull now runs his MBA Chai Wala Institute and has developed a course on cultivating an entrepreneurial mindset.
Before opening his business, Prafull aspired to obtain his master’s degree from IIM Ahmedabad. You must take the CAT exam to be admitted into a top MBA program. The CAT is recognized as one of the toughest tests out there. Prafull put in more than 10 hours a day of study to meet his goals. Regrettably, he had three failed tries at the CAT exam. This made Prafull depressed and made it difficult for him to focus on anything.
How Did the Idea of a Chai Stall Develop?
Prafull yearned for a respite from his current activities. He prepared his belongings and left for a cross-country journey. Prafull eventually decided to reside in Ahmedabad and started looking for work after visiting several locations. He began working at McDonald’s for a wage of INR 200 per hour, or roughly Rs. 6000 monthly.
Prafull began working his way up the corporate ladder at McDonald’s by starting as a cleaning service agent and eventually becoming a cashier. Despite his accomplishments, he despised working under somebody and desired to establish a name for himself. He frequently questioned why he should sell burgers to another person when he could himself sell them. As a result, the 3-crore MBA Chaiwala franchise was born.
When Prafull set up a temporary tea stall, he did not receive a single client on the first day, which was quite demotivating. However, he decided to keep trying and devised a new plan. On the second day, he began conversing with his clients in English while making pleasant approaches. Soon people began to approach the English-speaking Chaiwala to sample his tea as they were intrigued by him. Praful was paid 150 rupees for an order of 5 tea glasses on that memorable day and the tea was served with a toast. He put more time, effort and attention into the chai business as it gradually gained momentum, as a result, the rewards started to materialize.
Annual Turnover of MBA Chaiwala
MBA Chaiwala launched in 2017 with a meager investment of just Rs 8000. The same company is now valued at more than one crore, but with additional decor and a menu.
Prafull Billore’s firm experienced tremendous development once he became an internet star in 2020, as people began leasing its franchises nationwide. The operating revenue forecast of MBA Chaiwala as of the fiscal year 2022 is between Rs 1 crore and Rs 100 crore. MBA Chaiwala’s EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) increased by 3332.78% over the previous year. Compared to the prior year, its net worth climbed by 487.04%.
The Income of MBA Chaiwala
Now, MBA Chaiwala has established a large number of locations and franchises throughout India. His primary source of income is through this. Currently, Prafull earns close to Rs 1.5 lakh per day. Prafull Billore alone has a net worth of 30 million dollars. He also has a YouTube account which is monetized. As of 2023, MBA Chaiwala is in a solid and stable financial state.
Now that the MBA Chaiwala’s daily income is 1.5 lakh rupees, his monthly income is between 45 and 46 lakhs. This revenue comes solely from his modeling and business endeavors. In addition, as of 2023, MBA Chaiwala’s YouTube channel had 1.63 million members.
Prafull Billore has 32365 LinkedIn followers, 121k Instagram followers and 268.5k Twitter followers. These are his additional sources of income. However, the sum from these mediums is still being determined. MBA Chaiwala invested in SuperCluster Pi with some of the most prominent YouTube creators. This direct-to-consumer botanical company is creating an ecosystem of wellness- and health-related brands. Throughout the following 12 months, this company also plans to finish 6-8 D2C brands.
FAQs on MBA Chaiwala
Here are some exciting FAQs about MBA Chaiwala:
1. How many MBA Chai Wala franchisees have been established in India?
MBA Chaiwala started more than 50 franchisees throughout India.
2. Who is MBA Chai Wala’s owner?
Prafull Billore owns MBA Chaiwala.
3. What does MBA Chaiwala do for a living?
MBA Chaiwala is a well-known company that offers mouthwatering snacks and garma-garam chai with a dash of imagination to help customers create unique identities.
4. How did MBA Chaiwala amass his wealth?
After two years of hardship, he began franchising his firm and quickly became a well-known brand. In 2020, his brand MBA Chaiwala generated about Rs. 3 Cr.
5. What is the MBA Chaiwala’s educational background?
Prafull, a Madhya Pradesh native and recent B.Com graduate, comes from a middle-class household.
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The success story of Praful Billore does not end with his chai shop. His success was widely publicized. He was invited to IIM Ahmedabad, the business school where he aspired to acquire his MBA, to speak to students about his experience with the business. Also, he received invitations to speak at renowned institutions like Harvard Business School and several other IIMs. Now, MBA Chaiwala has a fiscal year revenue of three crores. Considering the arduous work and struggle Prafull had to endure, this is no ordinary accomplishment. He thinks that while fear passes, regret lasts a lifetime and that one should avoid living with regrets by pursuing their aspirations, no matter how modest.