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Vikas Acharya
Building Reviv | Ent... • 1y
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 – 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,” 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.
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