Anupam Mittal – Founder – Shaadi.com
Three points you will get to know in this article:
- Anupam Mittal is the visionary behind Shaadi.com, one of India’s leading matrimonial platforms
- He is a successful entrepreneur and angel investor, supporting over 200 startups across diverse sectors.
- Anupam Mittal is a prominent judge on Shark Tank India, where he mentors and invests in innovative business ideas, inspiring the next generation of entrepreneurs.
Anupam Mittal - Founder of Shaadi.com
Anupam Mittal’s presence on Shark Tank is akin to a beacon of entrepreneurial wisdom and strategic foresight. As the esteemed founder and CEO of People Group, encompassing the groundbreaking matchmaking platform Shaadi.com, Mittal brings a wealth of experience and innovation to the judging panel. Beyond the glitz of television, Mittal’s journey epitomizes the resilience and ingenuity inherent in the entrepreneurial spirit. Let’s delve into the captivating narrative of this visionary entrepreneur and the transformative impact of his companies.
Who is Anupam?
Anupam Mittal is a revered figure in the global business landscape, celebrated for his entrepreneurial acumen and groundbreaking ventures such as Shaadi.com and People Group. His journey epitomizes a commitment to innovation and excellence, reshaping the dynamics of online matchmaking and digital connectivity.
His Career:
Mittal’s professional trajectory is adorned with achievements, propelled by his relentless pursuit of innovation and success. As the driving force behind People Group and Shaadi.com, Mittal has revolutionized the way individuals connect and interact in the digital age, earning him recognition as a pioneering entrepreneur.
His Education:
Anupam Mittal’s educational foundation serves as a cornerstone of his illustrious career. Armed with degrees in business administration and entrepreneurship from prestigious institutions, Mittal embarked on a journey fueled by his passion for innovation and technology.
Early Life and Family
While Mittal remains discreet about his personal life, it’s evident that his upbringing and family support have shaped his character and values. Grounded by his family’s values, Mittal navigated the entrepreneurial landscape with resilience and fortitude.
His Companies:
Anupam Mittal’s most notable ventures include People Group and Shaadi.com, which have transformed the landscape of online matchmaking and social connectivity. Founded in 1997, Shaadi.com pioneered the concept of online matrimonial services in India, providing a platform for individuals to find their life partners based on preferences and compatibility. Today, Shaadi.com stands as the world’s largest matchmaking service, with millions of success stories to its credit.
People Group, under Mittal’s visionary leadership, has expanded its portfolio to encompass a diverse range of online businesses, including Makaan.com, Mauj Mobile, and Fropper.com. These ventures have redefined the digital landscape, catering to the evolving needs of consumers across various sectors.
Achievements and Recognition:
Anupam Mittal’s entrepreneurial endeavors have garnered widespread acclaim and recognition, solidifying his status as a trailblazer in the startup ecosystem. His visionary leadership and innovative approach have earned him accolades from peers and industry experts alike, underscoring his contribution to shaping the future of online connectivity and matchmaking.
Assets and Luxurious Lifestyle:
With the success of his ventures, Anupam Mittal enjoys a lifestyle marked by luxury and comfort. From upscale residences to extravagant vacations, Mittal’s taste reflects his hard-earned success and discerning entrepreneurial vision.
Net Worth:
While specific figures regarding Anupam Mittal’s net worth vary, his entrepreneurial ventures have undoubtedly yielded substantial returns. With successful startups and strategic investments under his belt, Mittal’s financial standing continues to soar, positioning him as a formidable force in the world of entrepreneurship and investment.
Anupam Mittal-Founder of Shadi.com has made a remarkable performance in the Online Matchmaking industry. This platform has facilitated countless successful matches for family building. Originally matrimonial sites started for NRI’s. But during the 90’s due to lack of internet facilities in India the business did not boom as expected. But after the pandemic these websites have gained a 30% increase in registrations. Mr. Anupam Mittal born in a middle class family in Mumbai had strong values and principles emphasizing the importance of education and hard work. Let us understand his journey in detail.
Early Life and Education of Anupam Mittal
- Anupam Mittal was born on December 23rd 1971 in Mumbai. He was raised in a Marwadi family that valued education and entrepreneurship. His curiosity and ambition laid the foundation of his success.
- After completing his education at Boston University in US where he earned an MBA with a focus on Operations and Strategic Management, Mr. Anupam Mittal came to India to make a change in the internet sector. In 1996 Mittal founded People Group which later launched Shadi.com.
- He infused capital in to over 250 companies, nurturing startups and fostering innovation across the tech ecosystem. His role as a judge on Shark Tank India further cemented his status as key figure in entrepreneurship.
Anupam Mittal Net Worth and Investments
- Anupam Mittal’s net worth estimated at around worth Rs. 185 crore by 2024. His income streams are diversified spanning various business and investment returns. His wealth has grown through successful business ventures, wise investments and television appearances.
- Anupam Mittal is one of the most respected judges on the show, admired for his wisdom, humility and astute opinions.
People Group
- Anupam Mittal’s biography is closely intertwined with his role as the founder and CEO of People Group, a conglomerate that has made a significant impact in various industries. People Group is a Media & Entertainment company based in Mumbai.
- Since 1996, the company has brought new awareness and integrations of the internet in the Indian subcontinent. It offers Infocom and telemarketing services to clients from all over the world. People Group is the parent company of Shaadi.com, Makaan.com, and Mauj Mobile.
Shaadi.com
- Shaadi.com, previously Sagaai.com, was the first online matrimonial website in India. The website allows people to search for compatible partners within their religion and community. Shaadi.com changed the Indian matchmaking business, which was exclusive to classified ads in newspapers.
- Shaadi.com has been used by nearly 3.5 crore Indians and has facilitated nearly 50 lakh weddings. Anupam Mittal’s biography is intricately linked with the unparalleled success of Shaadi.com, which is now a leading matrimonial platform in India. Shaadi.com made a revenue of $292.10 million in FY 2022 – 2023.
Mauj Mobile
In Anupam Mittal’s biography, the success story of Mauj Mobile shines as another significant achievement in his entrepreneurial journey. Mauj Mobile is India’s first gaming platform and mobile media company. It deals with two educational and entertainment content. The company owns and operates Mobango, an app store with thousands of videos, apps, and games.
Anupam Mittal Family
- Anupam Mittal was born in a Marwari business oriented Hindu family. His father Gopal Krishna Mittal is a successful businessman in handloom business and his mother Bhagwati Devi Mittal helps out in the family business with her husband.
- However the handloom business is now taken over by Anupam Mittal. He got married to his long term girlfriend in the year 2013. With time, Anupam Mittal’s profession and personal life flourished. He married Aanchal Kumar –a model and actress. Aanchal Kumar is a model turned actress who has appeared in films such as Bluff master and Fashion in cameo roles. She also made an appearance in the fourth season of Big Boss.
- She has received several modelling honors. Their daughter Alyssa Mittal turned 6 years old. Anupam Mittal owns luxurious cards like Audi, Mercedes, Lamborghini and many more. Mittal was raised in a business oriented family where his was already into an handloom business so Mittal from his Childhood had seen the struggle of running business which made him motivated to start his own business once his studies got completed he started investing in various businesses with his sharp mind and intellect he started earning profits and the result is now that he is one of biggest Angel Investors.
Anupam Mittal Story of Shaadi.com
- Anupam Mittal Success story started with his Shaadi.com. This website has brought together many like-minded people. It is one of the most prominent matrimonial sites with a reputation for bringing together the most compatible couples.
- Millions of individuals use this site to find their best match. The site has 3.5 million weddings record from all across the world. It has now become the most popular matrimonial site. Shaadi.com was started by Anupam Mittal in 1996 with a single goal in mind.
- It was started to give better matching experience by increasing the number of possibilities to meet possible life mates. Anupam returned to India after his studies. He along with his father used to conduct web development work for other firms because he didn’t have much else to do. At the same time he ran across one of those old school match makers who will go to any length to get married.
- To protect his reputation he attempted to place Anupam with some of his customers. A thought came to Anupam mind when the matchmaker was at the peak of his push. Now, while he was attempting to get rid of the matchmaker, it occurred to Anupam that what if there was a portal that could operate as a virtual matchmaker for weddings, what if all of the information such guys possessed was posted on the World Wide Web and made available to anyone looking for a bride or groom? This would not only eliminate all inefficiencies and geographical limits but would also greatly simplify the procedure.
- As a result, Anupam published the initial version of Sagaai.com in 1997 without much thought. At the time, this was more of an experiment than a steady enterprise. Even though he was active in the business as well, he only did so on weekends or so, and his primary attention remained on his employment. He invested all of the money he had or had saved for the web module’s development simply because it was the thing that brought the money in.
Achievements
Mittal’s professional network is extensive, with connections across various industries and sectors. His recognitions include listings on prestigious lists like Business Week’s ’50 Most Powerful People in India’ and multiple accolades for his contributions to entrepreneurship and technology. Beyond the numbers and titles, Mittal’s story is one of resilience and vision. His philanthropic efforts and investments in the start up ecosystem demonstrate a commitment to giving back and fostering a new generation of entrepreneurs
Shark Tank India: List of the startups funded by shark Anupam Mittal on the show
Mittal, who is the Founder and CEO of Shaadi.com, had appeared in all 35 episodes of the show and invested in 24 companies
Here is a list of all the companies that appeared on Shark Tank India, which were lucky enough to strike a deal with Mittal:
1. Skippi Pop
Founded by Ravi Kabra and Anuja Kabra, Skippi Pop is a brand that sells popsicles in six different flavours. Touted to be a healthier version than average popsicles, the brand’s products do not contain any artificial sweeteners, colours and preservatives. The company got a rare five shark deal with Mittal, Vineeta Singh, Namita Thapar, Ashneer Grover and Aman Gupta. The sharks invested Rs 1 crore for an equity stake of 15% .
2. Thinker bell labs
This company aims at increasing accessibility and inclusivity in education and produced the groundbreaking device, Annie. The tool aids visually impaired people to learn how to read,write and type braille on their own. Through a companion app, teachers can also check on students’ progress and give guidance. The company received Rs 1.05 crores in funding for a stake of 3%, from Bansal,Mittal and Thapar.
3. Heart Up My Sleeves
Heart Up My Sleeves is a clothing brand founded by Riya Khattar. It produces statement sleeves which are detachable, sustainable and reusable. The company got a deal from Mittal and Singh, who invested Rs 25 lakhs for 30% equity.
4. Find Your Kicks
Founded by Danish Chawla and Simardeep Singh in 2020, Find Your Kicks is a brand where customers can buy and sell premium sneakers and apparel. The company’s platform seeks to connect sellers and buyers, acting as the middleman. It received an investment of Rs 50 lakhs for 25% equity from Grover, Mittal,Bansal, Thapar and Aman Gupta.
5. Hair Originals
Founded by Ashish Tiwari, Jitendra Sharma, Piyush Wadhwani in 2018, this company offers good quality hair extensions. Their products are made from 100% Indian remy hair and are not treated with chemicals in any way. The company received Rs 60 lakhs in investments from Grover, Mittal and Bansal.
6. The Sass Bar
The Sass Bar is a brand that offers a range of artisanal, vegan soaps for gifting. Founded by Rishika Nayak, the brand’s products take the form of colourful desserts and confectionery. Mittal and Alagh invested Rs 40 lakhs in exchange for a stake of 35%.
7. Watt Technovations
Founded by Nihaal Singh Aadarsh in 2020, Watt Technovations specialises in making ventilation equipment for PPE kits. It received funding worth Rs 101 from Mittal, Alagh, Bansal and Thapar for a stake of 4%.
8. PawsIndia
8. PawsIndia
PawsIndia was founded by Priyam Singh. The company is a pet brand that offers a range of products for animal companions, mostly cats and dogs. The company manufactures toys and pet food as well. Oit received Rs 50 lakhs in funding from Mittal for an equity stake of 15%.
9. InACan
InACan is touted to be the first brand in the country that offers a range of ready to serve cocktails in cans. The low calorie cocktails are canned in the company’s own distillery. It was founded by Viraj Sawant and Sameer Mirajkar in the year 2020. Mittal, Bansal, Thapar,Grover and Gupta invested Rs 1 crore for an equity of 10%.
10. Sunfox Technologies
Founded by Rajat Jain, Nitin Chandola, Sabit Rawat and Saurabh Badola in 2016, this company produces ECG devices. Their ECG device is named Spandan and manufactured using Artificial Intelligence and innovative engineering technology. The company received Rs 1 crore in funding for a stake of 6%, from Alagh, Bansal, Mittal, Thapar and Singh.
In addition to the ones mentioned above, Mittal has also invested in CosIQ, Revamp Moto, Vivalyf Innovations, Meatyour, ARRCOAT Surface Textures, LOKA, Caragreen, The Yarn Bazaar, Cocofit, Bamboo India Tweek Labs, Jain Shikanji, The Quirky Nari and Let’s Try.
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