Blog Highlight

• Early Life and Education
• Business Ventures and Career
• Anupam Mittal Net Worth in Rupees
• Investment Portfolio
• Key Startups Funded by Anupam Mittal in Shark Tank India
• Fees for Shark Tank India

Anupam Mittal Net Worth and Ventures: A Look at His Financial Journey

Does a meager salary of 7 lakhs a month seem appropriate for a millionaire? Much like a drop in the ocean with someone supposedly having a net worth of over Rs 185 Crores. Fans question the dynamics of a successful founder having, or rather choosing to have such a low salary. 

Tech titans like Meg Whitman and Sergey Brin famously took $1 annual salaries at the peak of their careers. Mark Zuckerberg, irrespective of having unimaginable wealth, draws a symbolic $600,000 a year.

The net worth is a display of hidden stock and trade options, as the founders, despite having low salaries, hold a considerable portion of the stocks of the companies. Shares and stocks are often a part of executive compensation that enable founders to align their interests with the company’s long-term success. The value of the stock holdings naturally increases as the company thrives.

Basically, they are betting on the success and growth of the companies. So, the size and stage of Mr Mittal’s ventures need to be considered.

Anupam Mittal, a prominent Indian entrepreneur, is best known for founding Shaadi.com, one of the largest matrimonial websites globally. His journey in entrepreneurship began in the late 1990s when he launched Shaadi.com, originally known as Sagaai.com in 1997 after completing his MBA at Boston College. Today, Shaadi.com boasts over 35 million users globally and has been a game-changer in the matchmaking industry.

Early Life and Education of Anupam Mittal

Mittal was born in Mumbai, India, in December 1971, into a Marwari business family. His father, Gopal Krishna Mittal, ran a successful handloom business, and Anupam thereby could be exposed to entrepreneurship from a very young age. His upbringing in a business environment could shape his future interests massively. After completing his initial education in the country, Mittal pursued an MBA in the USA from the renowned Boston College. Here, he was introduced to the world of startups and technology.

His time in the USA showed him the rise of digital platforms that truly sparked his entrepreneurial spirit. His exposure to the startup culture and the realization of the potential of digital matchmaking caused him to create his first major venture Shaadi.com.

Business Ventures and Career

1) Shaadi.Com- A game-changer in Matrimony

In 1997, Mittal founded Shaadi.com, initially called Sagaai.com. This platform was created to revolutionize arranged marriages in India, utilizing the power of the internet to connect potential life partners. The idea was born out of Mittal’s frustration with traditional matchmakers, inspiring him to digitize the process. Over the years, Shaadi.com has grown into one of the largest matrimonial websites globally, with over 35 million users​. The platform has facilitated millions of marriages worldwide, making it a pioneering success in India’s digital space​

2) People Group: Expanding Horizons

Mittal founded People Group as the parent company for his ventures, which includes Shaadi.com, Makaan.com, a real estate platform, and Mauj Mobile, a mobile content and entertainment platform. These ventures have cemented Mittal’s reputation as a visionary entrepreneur, with People Group playing a crucial role in India’s digital transformation​.

3) Others

He has invested personally in over 200+ startups, such as BigBasket, Druva, Ola, and a lot more, as seen on Shark Tank India. In return for investment, Anupam has equity holdings in these companies. With the growth and success of the companies, Anupam earns returns through dividends, exits, or full buyouts.

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Anupam Mittal Net Worth in Rupees in 2024

As of 2024, Anupam Mittal’s net worth has been estimated to be around Rs 185 Crores or $22.2 Million. Mittal’s wealth stems from the success of Shaadi.com, under People Group primarily, alongside his extensive investments across multiple startups. He also earns additional income through his role as a renowned judge in Shark Tank India.

Anupam Mittal Investment Portfolio

Investment in Startups in his prolific angel investments. Over the years, he has invested in more than 250 startups including Ola, Big Basket, Druva, Interactive Avenues, and Ketto. Anupam Mittal’s approach to wealth accumulation is based on holding significant equity in his ventures rather than drawing large salaries, a strategy similar to that of other tech entrepreneurs globally. His wealth is tied to the growth of his companies and investment portfolio, enabling him to align with long-term success.

Some of the investments highlight Mittal’s strategic focus on tech-driven companies, with several ones generating high returns and solid exits. 

• Ola – Anupam Mittal invested about Rs 1 Crore or $135,000 in Ola’s early funding round in 2011, acquiring roughly 2% equity. 
• Druva – His investment was part of Druva’s seed funding round, contributing to the company’s rise as a global leader in data management with a valuation exceeding $2 billion.
• Interactive Avenues – Mittal invested approximately Rs 3.5 crores or $475,000 in Interactive Avenues, which grew to become India’s largest digital advertising agency. It was acquired by IPG, marking a significant exit for Mittal, letting it be one of his most profitable early investments​.

Key Startups Funded by Anupam Mittal in Shark Tank India

Anupam Mittal has made numerous investments through Shark Tank India. Some of the key startups he funded include:

Brand	Description	Investment	Equity
Skippi Pop	Popsicle brand that secured a rare five-shark deal.	Rs 1 crore	15%
Thinkerbell Labs	Develops the Annie device to help the visually impaired learn braille.	Rs 1.05 crores	3%
Heart Up My Sleeves	Offers detachable and sustainable statement sleeves.	Rs 25 lakhs	30%
Find Your Kicks	Platform for buying and selling premium sneakers.	Rs 50 lakhs	25%
Hair Originals	Hair extension brand offering untreated Remy hair extensions.	Rs 60 lakhs	N/A
Sunfox Technologies	Manufacturer of the Spandan ECG device.	Rs 1 crore	6%
InACan	Ready-to-drink canned cocktails.	Rs 1 crore	10%
The Sass Bar	Artisanal vegan soap brand.	Rs 40 lakhs	35%
Watt Technovations	Ventilation devices for PPE kits.	Rs 1 crore	N/A
PawsIndia	Pet products and accessories brand.	Rs 50 lakhs	15%
Loka	Interactive metaverse app simulating real-life locations.	Not disclosed	Not disclosed
CosIQ	Skincare brand offering efficient skincare solutions.	Not disclosed	Not disclosed
Nomad Food Project	Gourmet bacon jams and spreads.	Not disclosed	Not disclosed

Learn the Net Worth of Other Judges of Shark Tank India

• Aman Gupta
• Ashneer Grover
• Radhika Gupta
• Vineeta Singh
• Ritesh Agarwal

Anupam Mittal’s Fees for Shark Tank India: What Does He Charge?

With the expansion of his investment portfolio through the seasons of Shark Tank India, Mittal earned about Rs 7 lakhs per episode for his role as a shark or judge. His useful investments in startups such as PropTiger, Fab Hotels, and Ketto have led to his immense financial success.

Final Thoughts

Anupam Mittal’s journey, from his early days in the Marwari business culture to his significant influence in India’s startup ecosystem, highlights a strategy centered around impactful, long-term investments. His salary is relatively modest reflecting a common trend among successful founders who prioritize the ownership of equities over large incomes, to align their wealth with the growth of their companies.

Anupam’s extensive portfolio illustrates his vision of forward-thinking and strategic eye for consumer-oriented businesses and emerging technology. In Shark Tank, his contributions to startups reveal his support for pioneering ideas that can address various practical challenges. Platforms such as Altius Investech offer access to expertly researched investment opportunities, letting investors embark on journeys with insights from industry leaders.

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