Back to feeds

Aditya Arora

 • 

Faad Network • 2m

Meet the man who sold milk on a cycle before building a 16,000 CR company. 1. Born in the slums of Ghatkopar in Mumbai, Rizwan Sajan lived such a poor life that he shared a bathroom with forty people. However, his luck changed when his father won the lottery, and he shifted to a new house with a private bathroom. But then things went wrong. 👇 2. When his father passed away at age 15, he had to take on the family responsibilities. He sold books, fireworks, rakhis and milk to survive, and then he eventually wrote a letter to his uncle in Kuwait for a job. Finally, Rizwan's fortune changed again in 1981. 🙌 3. He started working as a trainee salesman in his uncle's building material shop at a salary of Rs 18,000. His hard work led him to become a manager, earning Rs 2.5 Lakhs monthly. After spending eight years in Kuwait, his fortunes changed again. 👇 4. The 1991 Gulf War disrupted his burgeoning career, and he had to move to India. Rizwan started selling door-to-door on a scooter, earning Rs 500 daily. But then he worked hard again to move to Deira, Dubai in 1993 and started a trading firm. Danube group was born. 🚀 5. His idea was simple ⏩Buy materials on credit from Kuwait and resell them in Dubai for its growing construction needs. To execute this, he signed a contract with a supplier of galvanised corrugated sheets for exclusive agency rights in Dubai. And the idea worked. ✅ 6. Within six years, Danube had a revenue of 16 CR and a profit of 1 CR by 1999. However, Rizwan needed to expand the business into other parts of real estate. By 2005, Danube expanded into sectors like home decor, sanitaryware, electrical products, tiles, and water purifiers. And the 2008 global crisis happened. 👇 7. But he was not going down this time. He kept growing and touched a revenue of 1300 CR by 2010. He had everything - building construction materials, home decor and architects. So Rizwan thought, why not start a real estate company? 🤔 8. In 2014, he started Danube Properties to provide affordable housing to the middle class on the 1% rule. The rule meant a small down payment and a 1% monthly payment from salary as the EMI towards the house. And the idea worked like magic. 🪄 9. By 2016, the Danube group had grown to a revenue of 9000 CR. Even banks were ready to offer loans once the building was 60% completed. Since they owned everything required to build a house, they could offer houses at 50% off their prices. 💵 10. Today, the Danube Group has a revenue of 16,709 CR and a presence in more than 30 countries, including the Middle East, Africa and Asia. 💪 ➡️The boy from the slums of Mumbai who could not even afford to buy a Rs 10 samosa is worth Rs 20,883 CR today. 🙏

1 replies37 likes
9
Replies (1)

More like this

Recommendations from Medial

Image Description

Mahendra Lochhab

Stealth • 6m

Adani draws Rs 9.26 cr salary in FY24, lower than his executives.

1 replies4 likes
Anonymous
Image Description
Image Description

Woha. Why’d he raise Rs. 1600 Cr and delay salaries?

10 replies15 likes
Anonymous
Image Description
Image Description

Man Earning Rs 10,000 A Month Gets Income Tax Notice Of Rs 2 Cr In Bihar 😂 He was asked to deposit Rs 67 lakh within two days . When he went to the IT department office, he was told to go for an appeal 🥹

10 replies23 likes
1
Image Description

Shaswat Shah

Stealth • 2m

Groww’s stock broking unit post Rs 2,900 Cr revenue and Rs 298 Cr profit in FY24

6 replies10 likes
1
Image Description
Image Description

Aditya Arora

 • 

Faad Network • 3m

Meet the man from Chennai who built a 5000 CR company after his father died. 1. Born in the coastal town of Cuddalore, Tamil Nadu, Chinni Krishnan Ranganathan was deeply inspired by his father, who pioneered selling shampoo in sachets. At the time,

See More
5 replies51 likes
12
Image Description
Image Description

Aditya Arora

 • 

Faad Network • 2m

Meet the doctor from Punjab who built a 30,000 CR company. 1. Born in the ancient city of Batala in Punjab to a gynaecologist mom and ENT specialist father, Naresh Trehan always wanted to be a doctor. His dream came true when he completed his MBBS

See More
3 replies44 likes
12
Image Description
Image Description

Aditya Arora

 • 

Faad Network • 4m

Meet the man who left his high-paying US job and built a 60,000 CR company in India. 1. Anand Deshpande had been an ace student. He cleared the entrance exams for NDA and MANIT but opted to study computer science engineering at IIT Kharagpur. He mad

See More
11 replies52 likes
19
Image Description
Image Description

Aditya Arora

 • 

Faad Network • 1m

Took Rs 5000 loan from his brother and built a 16,000 CR FMCG empire. 1. Born in the cultural city of Thrissur in Kerala, Moothedath Panjan (MP) Ramachandran faced failures early on. While working as an accountant, he experimented with his whitener

See More
7 replies38 likes
13
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 10m

Top news from today- 1. Neodocs bags $2M 2. Zomato posts 138 Cr profit PAT. 3. Infra.Market’s revenue scales to Rs. 11,846 Cr in FY23 up from Rs. 1240 Cr in 2021. 4. EV financing startup Vidyut raised $5M in series A. 5. DailyHunt’s parent Verse

See More
4 replies30 likes
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 10m

Top news of the day- 1. Astrotalk raised Rs. 160 Cr ($20M). 2. Amber raised Rs. 168 Cr ($21M). 3. Byju’s FY23 revenue is Rs. 6509 Cr. 4. Navi is seeking to raise Rs. 600 Cr. 5. D2C food brand Yu raised Rs. 20 6. EV manufacturer Corrit raises Rs. 5

See More
5 replies40 likes
2

Download the medial app to read full posts, comements and news.