Achal Bakeri is an Indian entrepreneur and founder, chairman and managing director of Symphony Limited.
Achal Bakeri | |
---|---|
Born | Mumbai, Maharashtra, India |
Alma mater | CEPT University University of Southern California |
Occupation | Businessman |
Early life and education
editBakeri was born in Mumbai, Maharashtra, to father Anil Bakeri, a real estate businessman, and mother Hansabahen.[1]
Bakeri completed his diploma in architecture from CEPT University, located in Ahmedabad, and a Master of Business Administration in the United States from the University of Southern California, located in Los Angeles, California.[2]
Career
editHe returned to India and started working with his father's real estate business in Ahmedabad.[2]
Symphony
editIn February 1988, Bakeri started Symphony Limited in Ahmedabad with a seed capital of INR 100,000. The company was about to go bankrupt in 2002, but after purchasing a majority stake in a Mexico company, Bakeri claims it became the world's largest air-cooler manufacturing company.[3][4] In February 2017, Symphony launched air cooler with multiple features like touch screen, voice assist, mosquito repellent.[5][6]
Awards and recognitions
editBakeri is the recipient of awards including:
Year | Title |
---|---|
1992 | Rotary International Entrepreneur of the year[7] |
1995 | India Young Business Achiever Award |
Finalist World Young Business Achiever in London | |
2014 | EY Entrepreneur of year Award (finalist)[8] |
2015 | Forbes List of Billionaires 2015[9] |
Associations
editBakeri also serves as a director of Symphony Limited, Sanskrut Tradecom Private Limited, Bakeri Engineering & Infrastructure, Harmony Holdings Private Limited, Oras Investments Private Limited, Paratam Investments Private Limited and Bakeri Urban Development.[10]
See also
editReferences
edit- ^ Trivedy, Ketan (undated). "Jewels of India: Anil Bakeri" (PDF). Chitralekha. Retrieved 16 June 2015.
- ^ a b Vyas, Jwalit (26 April 2014). "India's Biggest Value Creators: Achal Bakeri's Net Worth Jumps from Rs 2 Cr to Rs 2k Cr in Just a Decade". The Economic Times. Retrieved 3 March 2015.
- ^ Bakeri, Achal (9 August 2012). "Symphony's Achal Bakeri on How to Make Your Company Great". Forbes India. Retrieved 16 June 2015.
- ^ Shanbaug, Amit (28 May 2012). "Selling Coolers: How Achal Bakeri Made 'Symphony' into a Rs 300 Crore Business". The Economic Times. Retrieved 16 June 2015.
- ^ Pandit, Virendra (15 February 2017). "Symphony's Touch cooler doubles up as air purifier and mosquito-repellent". The Hindu Business Line. Retrieved 5 October 2017.
- ^ www.ETRetail.com. "Symphony launches air cooler with multiple features – ET Retail". ETRetail.com. Retrieved 5 October 2017.
- ^ Staff (undated). "Achal Bakeri". Brand Owner's Summit. Archived from the original on 2 April 2015. Retrieved 16 June 2015.
- ^ Staff (undated). "EOY 2014 Finalists – Innovative Game Changers". EY. Retrieved 16 June 2015.
- ^ Staff (undated). "Achal Bakeri". Forbes. Retrieved 16 June 2015.
- ^ Database (undated). "Achal Anil Bakeri MBA". BloombergBusiness. Retrieved 16 June 2015.