About MBA Chaiwala
MBA Chaiwala CEO is quite famous among the young audience. He is just 26 years old and has delivered a speech at over 200 events. He not only delivered speeches relating his business ideas but, on women’s empowerment programs, working processes, entrepreneurship events, and many more. But, do we know MBA Chaiwala net worth? Let us discuss the MBA chaiwala Net Worth in details.
- MBA Chaiwala
- MBA Chaiwala Net Worth
- Network Chain of MBA Chaiwala
- MBA Chaiwala Annual Turnover
- MBA Chaiwala Net Worth
- MBA Chaiwala Monthly Income
- How much is MBA Chaiwala’s Monthly income?
- Facts
- Family Details of Prafull Billore
- Early Life of Prafull Billore
- MBA Chai Wala Career
- Career Details of Prafull Billore
- Sources of Income
- Brands Endorsed – Prafull Billore (MBA Chai Wala)
- How to apply for MBA Chaiwala Franchisee
- How To Take MBA Chaiwala Franchise
- Qualifications Required for Franchise
- MBA Chai Wala Bollywood Movie
Table of Contents
MBA Chaiwala
Did you know? Prafull Billore did not have any interest in ‘Chai’ but, he is famous because of it. Today, MBA Chaiwala is so famous that people from different parts of the country visit their hometowns to try its special tea. Further, in this article, we are going to talk about all the income sources and net worth of MBA Chaiwala Franchise
Prafull Billore, famous as MBA Chai Wala, was born in the Dhar district of Madhya Pradesh in 1996. MBA Chai Wala belongs to a middle-class family and is now known as MBA Chai Wala throughout India. Also, he is a successful start-up business owner and a motivational speaker.
However, in 2017-2018, he started his business with an investment of 8000 INR in Ahmedabad. In addition, he started his tea stall on the roadside and started selling tea for two consecutive years. Although, in these two years, he tried his best to expand his business and make it big.MBA Chai Wala’s full form is ” Mr. Billore Ahmedabad Chai Wala”.
Furthermore, he gained recognition for the complimentary tea when on valentines days, he started selling tea with the slogan ” Free Tea For Singles.” However, this grabbed the attention of many people, and the crowd thronged to his shop and enjoyed tea. Also, by doing so, he adopted a marketing strategy that helped him a lot to expand his business.
MBA Chaiwala Net Worth
This tea business became famous when such a unique business name came into the limelight. Praful Billore was just 25 years old when he became an internet sensation and social media star.
He first began his tea stall near McDonald’s and people started knowing his tea stall by his unique name. Other than that, people started to the quality of his tea quality. He then started his first firm with an investment of only Rs 8000.
Network Chain of MBA Chaiwala
Today, MBA Chaiwala is the fastest cafe chain in the Indian market. MBA Chaiwala has opened up in more than 50 cities in India along with 200+ outlets. Interestingly, the franchise process for this business is quite easy and profitable.
MBA Chaiwala started with one man and today, this business has 100+ people working daily. Its franchises are present in almost every metropolitan city across India. It has three different business models University Model, Dine-in Model, and Lounge Model. The requirements and income sources for all these business models are different.
MBA Chaiwala Annual Turnover
MBA Chaiwala began in the year 2017 with a minimal investment of Rs 8000 only. Today, the same business but, with more decorations and a menu on the list is valued at more than 1 crore.
After becoming an internet sensation in 2020, not only Prafull Billore became famous but, his business faced huge growth. People from different parts of the country started taking its franchises. As of the financial year 2022, the operating revenue range of MBA Chaiwala is between Rs 1 crore to Rs 100 crore.
The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of MBA Chaiwala saw an increase of 3332.78% compared to 2021. Its net worth increased by 487.04% as compared to its previous year.
MBA Chaiwala Net Worth
Prafull Billore did join for MBA but, his dream was to do something else. He wanted to start his venture. Prafull along with his brother had MBA Chaiwala planned in their heads. They just wanted the initial investment to kickstart their ideally thought business in the market.
Not all business ideas see success but, in this case, MBA Chaiwala saw enormous success within a few years. The business is grateful to the people who gave immense love during its low times.
Today, the net worth of MBA Chaiwala is 3.4 crore as of December 2022. You can expect a double net worth by the end of 2023
Year Net worth
Net Worth in 2018 1 Million$
MBA Chaiwala Daily Income
Today, MBA Chaiwala has opened up so many franchises and outlets across India. This is his major source of income. Today, MBA Chaiwala’s per day income is around Rs 1.5 Lakh.
The total net worth of Prafull Billore alone is 30 million dollars. Other than that, he has his YouTube channel where the income is not stated. Still, MBA Chaiwala has a good income status as of 2023.
MBA Chaiwala Monthly Income
Now, MBA Chaiwala’s daily income is Rs 1.5 Lakh so the monthly income is Rs around 45-46 Lakhs. This income is just from his business ventures and models. Other than that, MBA Chaiwala’s YouTube has 1.63 million subscribers as of 2023.
Prafull Billore has 268.5k followers on Twitter, 121k followers on Instagram, and 32365 followers on LinkedIn. These are his other sources of income unfortunately, we do not know the amount from these media.
Recently, along with some of the biggest YouTube creators MBA Chaiwala invested in SuperCluster Pi. This D2C botanical company is building an ecosystem of health and wellness-focused brands. This company is also aiming to complete a 6-8 D2C brand within the next 12 months.
How much is MBA Chaiwala’s daily income?
According to various sources, daily income of MBA Chaiwala aka Praful Billore is expected to be 1.5 Lakh INR. The daily income averages to 1.5 Lakh Rupees through the royalty & other profits throughout the 200+ MBA Chaiwala outlets.
How much is MBA Chaiwala’s Monthly income?
MBA chaiwala Company earns more than 50 Lakh Rupees in a Month. The main sources of income are franchise fee, royalty & other activities done by the brand.
Popular Posts: Prithvi Shaw Net Worth : Wiki, Bio, Affairs, IPL Salary 2023
Popular Posts: Net Worth Of Ashneer Grover in 2023:Shark Tank India
Read More: Vikas D Nahar, Biography,Net Worth:The Journey Of Happilo Founder
Facts
Although, Prafull mba chaiwala started his business with 8000 INR.
Praful’s father wanted him to do MBA and get a good job. Also, he appeared in the CAT exam for three-time but could not pass the exam, so he let the preparation.
He offers chai in English on this tea stall.
He makes tea and sells it to customers in English. That helps him to grab the attention of more people.
However, he is now invited to many colleges for speeches.
Also, he is a social media influencer.
Moreover, he arranged and attended almost 200 events in 2 years.
MBA Chai Wala’s full form is ” Mr. Billore Ahmedabad Chai Wala.”
Family Details of Prafull Billore
Prafull Billore belongs to a traditional middle-class Hindu family from Dhar.
Surprisingly, none of Prafull Billore’s parents or relatives are entrepreneurs.
Prafull’s father’s name is Pandit Sohan Billore, who used to sell incense sticks on his bicycle while his mother is known to be a housewife.
Apart from that,
Prafull does have two younger siblings;
One brother and one sister,
Out of which, Prafull’s brother is Vivek Billore (Co-founder of MBA Chai Wala, Founder of
Furthermore, Prafull Billore marital status is married. Also, Prafull Billore and his wife Sherya Billore, and their son Miransh Billore shared happy moments on the Internet. You can check Prafull Billore pictures and his wife and son on the Internet. Although he did not share much information about his siblings and family members.
Early Life of Prafull Billore
Bachelor of Commerce from Devi Ahilya Vishwavidyalaya (DAVV), Indore.
After completing B.COM, Prafull started studying for CAT and GMAT and wanted to pursue MBA in one of the best colleges available.
But since he failed twice to get admission in the IIM.
He then later travelled all over India to get over with his failure and explore more other things in life.
In between these times,
Prafull mastered his communication skills and used to travel all over with a very less amount of money.
Lastly, he settled in Ahmedabad as he liked the city and found it very welcoming.
MBA Chai Wala Career
Prafull Billore then decided to start some small business on his own and then decided to start a fast food restaurant (Burger) but then again he dropped this plan as he wanted to start a business (in food industry) that would connect whole India.
And tea is something that whole India loves.
Later after getting inspired by his father,
Billore decided to start small and be a tea vendor streetside.
For that, he needed ₹ 15,000,
He then took ₹ 8000 as a loan from his father
With this money, he brought all the necessary utensils, ingredients, cart to set up a roadside business of tea selling.
So on the second day, he made ₹ 300 in revenue.
Soon in some days,
Billore started getting traction as people started talking about him and this increased mouth publicity.
Prafull Billore at that time used to work from 9 am to 3 pm at McDonald’s and from 7 pm to 11 pm for his roadside tea stall.
Later in the year 2017,
Prafull’s father forced him to enroll for MBA.
As a result, Prafull Billore enrolled himself in a local college for MBA and resigned his job in McDonald’s.
During this time,
Prafull took ₹ 50,000 loan from his parents (By lying that he needs that money for an online foreign course) and invested that money in his business.
Soon on the 7th day of his college,
Prafull dropped out because of lack of interest in studying in that college and wanted focus more on his emerging business model.
Despite of struggling financially in the early days,
Prafull kept working
MBA Chai Wala or Prafull Billore does also make YouTube videos motivating Indian youth to work hard and achieve success.
Apart from that,
Prafull Billore does also get featured in many of the YouTube channels for interview and other live events,
All of these things add more into Prafull Billore net worth
Career Details of Prafull Billore
Prafull at first worked in McDonalds.
Important Fact – Prafull Billore was rejected multiple times to get a job in McDonald’s, as when asked about his education, Prafull used to say that he is a B.COM graduate and is preparing for MBA.
After hearing this, all the interviewee used to reject him as they used to get afraid that, Prafull will get the promotion faster than them.
Finally in one McDonald’s, Prafull said that he is just a 12th passed student who dropped out of education and want to earn for a living.
In sooner time,
Prafull became the manager in McDonald’s but again he left the job as he didn’t want to spend his life working for someone else.
Sources of Income
Prafull Billore is now a very successful content creator and a businessman.
He is also known to be earning from multiple streams of income.
These income sources of Prafull are,
MBA Chai Wala Outlets
MBA Chai Wala Franchise
Sponsorships
Investing
Other Businesses
Brand Deals
Promotions etc.
Brands Endorsed – Prafull Billore (MBA Chai Wala)
Being a much followed entrepreneur,
Prafull Billore is known to be endorsed by many of the brands,
These brands are,
JUMP.TRADE
Hirect etc.
How to apply for MBA Chaiwala Franchisee
Before applying, you must prepare some things. You should have at least ₹1000000. Some points are given below. Based on this you can apply.
First of all, you have to go to their official website.
Second, now you have to click on I Want to Franchisee.
A registration form will open, you have to fill it out and submit it.
Now call back will be done by customer care.
In this, you will be given complete information about the MBA Chaiwala franchise.
After listening to more information, you will have to sign the agreement.
After this, you will get the franchise.
How To Take MBA Chaiwala Franchise
Here is the details How to take MBA Chaiwala franchise . First, you have to make a 5-year agreement to start the franchise.
Second, you should have 100 square feet of land.
Initially, you can hire one to three employees.
If you need more, talk to customer care for this.
Customer Care Number MBA Chaiwala Franchise
info@mbachaiwala.com
877 056 55 69
www.mbachaiwala.com
Qualifications Required for Franchise
No qualification is required to start a franchise. Its training is done by all customer care.
MBA Chai Wala Bollywood Movie
Dharma Production has decided to make a movie on MBA Chaiwala. In which Siddharth Malhotra will play the role of Prafull Billore.Prafull Billore’s life achievements will be shown in the form of a movie.
The film will have all the achievements of Prafull Billore from ordinary life to extraordinary. This will give a lot of inspiration to the youth. The movie release has not been announced yet. But when it happens it will be announced.
Also Read:Vikas D Nahar, Biography,Net Worth:The Journey Of Happilo Founder
Popular posts:Vikas D Nahar, Biography,Net Worth:The Journey Of Happilo Founder
Read More:Dhruv Rathee Net worth in 2023, Girl friend,Affairs & Bio
Read more:Aman Gupta Net Worth, Wiki, Bio, Career: BoAt Founder
4 thoughts on “MBA Chaiwala Net Worth, Wiki ,Bio, Career: Success Story”