Rahul Sharma’s Journey from Micromax’s Fall to Building a Rs 6200 Crore Empire with Asin

Rahul Sharma's Journey from Micromax's Fall to Building a Rs 6200 Crore Empire with Asin

Rahul Sharma, the co-founder of Micromax, is a remarkable figure in the Indian tech industry. He is known for building one of India’s most successful mobile phone brands, challenging giants like Samsung. His journey from a small-town boy to a business tycoon is both inspiring and full of ups and downs. 

Rahul Sharma’s Micromax Fall and Success

Rahul started Micromax in 2000 with a few friends. Initially, it was a software company, but in 2008, they launched their first mobile phone. The company became very popular because it offered affordable smartphones to the Indian market. By 2014, Micromax had become India’s top smartphone brand and even started selling phones in Russia. That same year, Hollywood actor Hugh Jackman was chosen as the brand ambassador.

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However, success did not last forever. After peaking with a revenue of Rs 12,000 to Rs 15,000 crore, Micromax faced tough competition from Chinese mobile brands. Rahul Sharma also turned down an offer of Rs 6,700 crore from Alibaba in 2014, which may have been a costly mistake. The brand slowly lost its market share and faded away. But Rahul did not give up. In 2017, he launched Revolt Intellicorp, India’s first AI-based electric bike company. He also started a manufacturing business under the name Bhagwati Products Ltd. Today, this company operates five factories and earns Rs 6,200 crore annually.

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Apart from his professional life, Rahul’s personal life also attracts attention. He is married to popular Bollywood actress Asin Thottumkal. They got married in 2016 after being introduced by actor Akshay Kumar. The couple has a daughter named Arin, born in 2017. Rahul Sharma lives a luxurious but low-key life. He owns a farmhouse in Delhi and drives high-end cars like Rolls Royce, Bentley, and BMW. His net worth is around Rs 1,300 crore.

Rahul’s story is about taking risks, learning from failure, and making a strong comeback. Even though Micromax is not as big as it used to be, Rahul Sharma is still building new success stories quietly and confidently.

Author:

Purnima | Entertainment Blogger 4+ yrs writing fun blogs on movies, celebs & trends. Pop culture addict serving fresh, binge-worthy content!