Shocking facts about MBA Chaiwala Net Worth, Daily Income & Monthly Income
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’s net worth?
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.
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, the Dine-in Model, and the 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.
MBA Chai wala net worth Yearly | MBA Chai wala Net Worth in Rupees |
MBA Chai wala Net Worth in 2018 | Rs. 9,50,00,000 |
MBA Chai wala Net Worth in 2019 | Rs. 13,55,00,000 |
MBA Chai wala Net Worth in 2020 | Rs. 19,60,00,000 |
MBA Chai wala Net Worth in 2021 | Rs. 23,61,00,000 |
MBA Chai wala Net Worth in 2022 | Rs. 28,90,00,000 |
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.
Some Interesting Facts & Figures about MBA Chaiwala
Prafull Billore has always loved his fans ever since he got viral and famous all over the internet world. During Valentine’s Day, Prafull Billore distributed special tea to people near his shop for free.
Recently, Prafull Billore went on his first business trip to the United States of America. He was chosen for the Pride of India Award at GSA India which was held in the USA.
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.
MBA Chaiwala Growth in 2023 – Where He Reached This Year?
Within a few years of establishment, MBA Chaiwala has already become one of the most iconic one-stop tea companies in the country. Mr. Vivek Billore who is the founder of MBA Chaiwala has worked diligently for the overall growth of his company across the country.
This year MBA Chaiwala has opened up more than 200 franchises in the country. This year, MBA Chaiwala launched its app, which also became the most downloaded food delivery app in India with 10 million downloads.
Other than their standard menu options, this year the company many new products to customers. Interestingly, these food products are highly loved by customers.
The brand partnered with many reputed organizations such as Amazon, Reliance, TATA, Reliance, and many more. With so many opened outlets across the country, the overall turnover increased rapidly as compared to its previous value.
The current turnover of MBA Chaiwala exceeds Rs 30 crore, this data is according to The Times of India. We are expecting that this figure will grow more in the coming five to ten years.
The company always comes up with new campaigns. Very recently, the company celebrated Mahotsav 2023 MBA Chai Wala India. During this event, the company owner revealed that thirty more outlets were being opened in thirty different locations around the country.
With so many new outlets opened, MBA Chaiwala recruited many employees and experts in the field. They are currently working very hard for the betterment of the company’s future.
The brand has also expanded its reach and impact by launching products and content in regional languages such as Hindi, Tamil, Marathi, and many more.
Interestingly, we could also see the company receiving many awards and recognitions such as Startup of the Year, Best Food Brand, Best Online Seller, and many more. The owner was also honored with the “Pride of India” award this year. MBA Chai Wala has become an ever-growing company and will see more growth in the coming years.