Micromax Informatics or simply Micromax, an Indian multinational electronics company that specializes in smartphones, laptops, consumer electronics and home appliances, was established in March 2000, headquartered in Gurgaon, Haryana, India. It was established as an IT software company working in the field of embedded devices. Later it entered the mobile handset business. Micromax Informatics Limited is the leading consumer electronics company in India and the 10th largest mobile phone player in the world.
As of 2010, Micromax was one of the largest domestic handset manufacturers in the low-cost feature phone segment in India. As of Q3 2014, Micromax is the tenth largest smartphone vendor in the world. The company is facing stiff competition from Chinese companies which are entering the Indian market. The company also owns YU Televentures, which owns the brand name YU. Sells products under. It has recently launched its new mobile phone series IN.
ABOUT RAHUL SHARMA
Rahul Sharma is the Chief Executive Officer (CEO) at Gurugram-based mobile manufacturing company Micromax Informatics. He co-founded the company with Rohit Patel on March 29, 2000. He is widely regarded as a talented marketing architect. In 2014, Fortune magazine named Rahul among the 40 most influential people under the age of 40. He was named Forbes Person of the Year (2010) and GQ Man of the Year (2013).
Rahul Sharma has total assets of more than Rs 4070 crores.
RAHUL SHARMA- EARLY LIFE & EDUATION
Rahul was born on 14 September 1975 in Delhi, India. He had a simple childhood, his father was a teacher and his mother a domestic producer.
He successfully touched heights and carried on his professional career. Today, he is successful and has a luxurious home in the Mehrauli suburb and rides in a Rolls Royce Ghost. She married Asin Thottumkal, a well-known Bollywood personality, on 19 January 2016 and they both have a daughter.
Rahul has two bachelor’s degrees. He studied mechanical engineering from Rashtrasant Tukadoji Maharaj Nagpur University.
He later graduated in commerce from the University of Saskatchewan, Canada.
RAHUL SHARMA-WORKING LIFE
Rahul had a strong background in product goods and technology marketing. He has extensive knowledge of building brands and launching new products. He eventually led a series of successful campaigns for global brands including Microsoft Xbox, Procter & Gamble, Shaw Communications’ television services and more.
In addition, he began working as vice president of Shaw Communications Inc. for his on-demand television services from February 2004. He led corporate sales and marketing, as well as investigating the marketing and development of Shaw’s in-demand products such as Pay. , on video. Demand and Digital Pay Television.
Prior to joining Shaw, he held several management level roles in communications, consumer marketing, and brand management. He founded Micromax Informatics, an Indian mobile manufacturing company, in 2000 with some of his friends. He worked in a construction company for a year and a half before deciding to set up his own venture.
RAHUL SHARMA- STARTUP JOURNEY LIFE
It all started when Rahul was gifted a computer by his father in the 90s. He was very impressed with the technology and finally decided to launch the Micromax software with three of his friends.
Rahul along with one of his neighbors Rajesh Agarwal and two of his friends, Vikas Jain and Sumit Arora, founded Micromax Informatics in 2000. The company initially worked on low-technology products. The venture grew when Nokia joined hands with the company and became a partner in 2001.
Micromax eventually built a frequency-conversion device for Bharti Airtel Limited, which allowed it to establish a vast network of “payphones”, an area where BSNL and MTNL were enjoying a monopoly.
MICROMAX INFORMATICS(MOBILE) COMPANY DETAILS:
- The latest source of news value of company now these days Rs 1,358 crore.
- The company was founded in the March 29, 2000.
- The company headquarter situated Gurugram, Haryana, India.
- The company latest highest generated revenue Rs 2,368.79 crores in 2018-2019.
- this company have also Subsidiaries YU Televentures, Bhagwati Products Limited, Mobi Serve, YU Televentures Pvt. Ltd, Micromax Informatics FZE.
RAHUL SHARMA-FACING CHALLENGES STARTUP
When Micromax started expanding its business, the company discovered a cellphone that would last a month. Subsequently, the company was forced to come up with some other ideas, as no distributor was ready to buy the phone.
The company expressed its interest towards dual SIM phones. As a result, Micromax became the first company in India to launch dual-SIM phones with “single baseband”. As of January 2014, Micromax sold about 2 million handsets and 80,000 tablets every month. One of Rahul’s favorite actors was Hugh Jackman, once the brand ambassador of Micromax.
Eventually the company has started manufacturing electronic devices and devices such as LED TVs and tablets at its factory in Rudrapur, Uttarakhand. While Akshay Kumar and Twinkle Khanna were among the first celebrities who supported Micromax phones.
RAHUL SHARMA- YU TELEENTURES
The biggest benefit Rahul got from Micromax is YU Teleentures, which is Micromax Informatics and Cyanogen Inc. is. The OS joint venture was closed by CyanogenMod developers, as soon as YU officially took over the Cyanogen operating system in the country.
Rahul holds a 99% stake in the company with the remaining 1% stake with the two co-founders of Micromax, Sumit Arora and Vikas Jain. Mobile phones like YU Yureka and YU Yuphoria occupied the market during its release due to its amazing features and low price of buying these mobile phones.
- He was awarded the IT Person of the Year by Dataquest in 2016.
- He was named an entrepreneur in 2016 at the Hello Hall of Fame program.
- He was awarded the Hindustan Times Game Changer Award for excellence in his field and his contribution to society.
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