๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
Login

Back

Vikas Acharya

Building WelBe| Entr...ย โ€ขย 3m

Newly-minted Indian millionaire reveals how his life changed after selling startup for $200M Wingify founder Paras Chopra, now a millionaire, humorously notes minor lifestyle changes post-acquisition. Bengaluru-based Paras Chopra has sold a majority stake in his bootstrapped startup Wingify to private equity firm Everstone for about $200 million. The acquisition has made Chopra, who owned 71% of Wingify, a very wealthy man. The Bengaluru founder has seen his net worth soar โ€“ rivaling, and in some cases, surpassing, that of top Hollywood stars. But has his lifestyle undergone a dramatic transformation? The biggest change in my life after Wingify exit is that I've started taking Uber Premier instead of Uber Go,โ€ he wrote, adding a smiley face emoji to end his quip. The newly-minted millionaire made approximately $142 million from the acquisition. However, since he is retaining a minority stake, his total net worth could be higher, depending on the value of his remaining stake and any other assets he owns.

5 replies7 likes
Replies (5)

More like this

Recommendations from Medial

Mahendra Lochhab

Content creatorย โ€ขย 1m

Ahmedabad-based Torrent Group has completed the acquisition of a 67% majority stake in Gujarat Titans.

0 replies2 likes
Image Description
Image Description

Somen's 8D world

Hey I am on Medialย โ€ขย 1y

Paras Chopraโ€™s Nintee shuts down, to return investorsโ€™ money" Nintee, a digital health startup launched by Wingify founder Paras Chopra, has announced shutting down its operations after a year of launch. "Our original hypothesis was to use AI for h

See More
3 replies1 like
Image Description
Image Description

Harshajit Sarmah

Founder & Editor of ...ย โ€ขย 3m

After selling his bootstrapped startup Wingify for $200 million, Paras Chopra is diving into artificial intelligence. His next big project is a foundational AI research lab in India, focused on building advanced models and algorithms for the world.

See More
8 replies10 likes
4
Image Description
Image Description

Aditya Arora

ย โ€ขย 

Faad Networkย โ€ขย 2m

How did Wingify survive with no funding for 15 years and get acquired for 1660 CR? 1. In 2009, Paras Chopra, a biotechnology graduate passionate about coding, set out to build a successful software company. His research led him to A/B testing, a tec

See More
4 replies42 likes
21
Image Description

Neek

ย โ€ขย 

WHYYย โ€ขย 1y

Many people asked for book related to startups, Instead of replying one by one I decided to share it as a post. Here you go: https://invertedpassion.com/free-book-mental-models-for-startup-founders/ This is free to read, and comes from a real worl

See More
1 replies5 likes
3

gray man

I'm just a normal gu...ย โ€ขย 16d

Hindustan Unilever Ltd (HUL), a leading player in the FMCG sector, has announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Ltd, the parent company of D2C personal care brand Minimalist. According to a regulatory

See More
0 replies5 likes
Image Description

Vivek Sharma

If you like this pag...ย โ€ขย 7m

Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world's second-richest person. With his 13% stake in Meta, Mark's net worth has risen by $78 billion in 2024, more than any other member of the 500 richest people tracked by the index. Source:

See More
1 replies3 likes
1
Image Description

Bhawesh

Be the changeย โ€ขย 2m

As of February 20, 2025, the Burman family, known for their ownership of Dabur India, has acquired a controlling stake in Religare Enterprises Limited (REL), becoming its official promoters. Acquisition Details: Open Offer: In September 2023, the

See More
1 replies3 likes

BUZZBYTE

NEWS PAGEย โ€ขย 6m

Chinese food delivery and lifestyle e-commerce platform Meituan has sold over $200 million worth of its stake in Swiggy to a US-based investor in a secondary deal, according to three sources who spoke to Entrackr. Meituan first invested in the Bengal

See More
0 replies2 likes
1

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 1y

Top News of the Day: 1. Nintee, a digital health startup launched by Wingify founder Paras Chopra, has announced shutting down its operations after a year of launch. 2. Charge Zone, an electric vehicle (EV) charging startup, has raised $19 million

See More
1 replies32 likes
3

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