Zobox Success Story: This man made a business worth Rs 50 crore from old smartphones, read the whole story
Zobox Success Story: Today in India, a lot of new companies are being started, and many of them have become very successful. India is becoming known as a great place for startups. A Unicorn startup is when a startup company is worth more than one billion dollars.
Reports say there are over 100 Unicorn Startups in India right now. This shows how fast startups are growing in India. Today we have an inspiring story about a startup founder who used old mobile phones to create a successful company worth a lot of money.
We are talking about Neeraj Chopra who started a company called Zobox. Today, this company is worth a lot of money. Today’s article is about the success story of Zobox and how Neeraj Chopra made his business worth a lot of money.
This is how Zobox Success Story started
Neeraj Chopra was born in Delhi, India. His grandfather moved from Pakistan to India during the partition and had to start over with nothing. He worked hard to rebuild a life for his family in India. Neeraj’s dad had a business in Hong Kong, so when Neeraj turned 18 in 2000, he went to Hong Kong to work with his dad.
After moving to Hong Kong, Neeraj finished all his studies there and also ran his dad’s export business for 12 years. Everything was going fine, but in 2012, Neeraj had to go back to India because his uncle died.
After Neeraj arrived in India, he noticed that more and more people want power banks, but no one is making them here yet. Because of this, Neeraj started bringing power banks from Hong Kong to India. Then he worked with power banks and electronics for 5 years. After gaining experience, he decided to start his own company in 2020, and that’s when his Zobox startup started.
Started business during Corona period!
When Neeraj wanted to start his Zobox company, there was a lockdown in India. So, he had to wait until December 2020 to start his business plan. Neeraj started fixing up old mobile phones to sell at Zobox company. He would buy old phones, fix them, and then sell them. We want to let you know that as soon as he started his business, it grew very quickly.
At first, things were tough for him because he didn’t get much positive feedback and only sold 100 mobiles. But now, things have changed a lot.
Today it has become a company worth crores!
Zobox company started during the Corona period and now it is worth a lot of money. At first, Neeraj could only sell a few mobiles through the company. But nowadays, they sell 20,000 to 25,000 mobiles every day. In addition, Neeraj has also started a small mobile repair shop in Karol Bagh, Delhi.
Currently, Zobox company has made Rs 50 crores in sales, which has increased the company’s value to crores.
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Zobox Success Story Overview
| Topic | Details |
|---|---|
| Title | Zobox Success Story |
| Neeraj Chopra’s Background | Over 15 years of experience in the electronics sector, both domestically and internationally. Pioneer in the refurbished gadgets industry in India. |
| Zobox’s Launch and Development | Founded in 2020 as a dynamic B2B electronics brand specializing in refurbished mobile phones. Reshaping the industry as market leaders in refurbished mobile phones. |
| Future of Refurbished Gadgets | Growing demand due to budget-friendliness and eco-consciousness. |
| Mantra for Success | Commitment to providing finest refurbished gadgets at budget-friendly costs, focusing on quality, latest models, and innovations. |
| Zobox’s Contribution to Sustainability | Deep commitment to environmental sustainability. |
Zobox Success Story Overview
Neeraj kept trying and stayed hopeful, which is why he has a big company now, thanks to old mobile phones. This teaches us that it’s important to have a positive and ambitious mindset, because that can help us achieve anything.
Zobox Success Story Interview
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