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Rajesh Agarwal

Former MD & Co-founder , Micromax

by Nitika Yadav
November 27, 2019
in People
14
rajesh agarwal micromax

Rajesh Agarwal

Rajesh Agarwal Micromax  Co-founder has served the organization’s In a very exemplifying manner . Rajesh Agarwal started Micromax Informatics in 1991 as a peripheral sales organization and later went on to foray into the PC and Mobile handset market.

As the managing director of Micromax, Rajesh was responsible for orchestrating strategic accomplishments as well as the company’s early foray into rural markets – which together established a ground-up development, allowing Micromax to assemble a portfolio amongst the top-tier handset manufacturers serving consumers across the globe.

Along with his peers – Rahul Sharma, Vikas Jain and Sumeet Arora, Rajesh Agarwal with Micromax scripted a revolution in the mobile handset market with its entry in the Indian handset market in 2008 and in less than six years, transformed the company into largest Indian handset manufacturer in the country and world’s 10th largest handset brands in the world – beating the likes of Nokia and Samsung. Furthermore, Rajesh Agarwal can be credited for introducing unique product marketing and pricing – crucial for ‘mobile handset’s’ reception in rural India.

The product strategies, business restructuring and channel management forged the building blocks to create a strong base for Micromax since its inception which led to its Rs. 11,000 crore valuation in FY 2014-15.

Recently, in a bid to facilitate complete urban mobility solution in India, Rajesh Agarwal recently also raised funding for Delhi-based “Blu Smart”, a subscription- based car rentals. Alongside him, the likes of Deepika Padukone’s family office Ka Enterprises, JITO Angel Network have also invested in this subscription based e-vehicles startup.

That said, Rajesh Agarwal has already forayed in the production of advanced Battery Management System with his establishment Micromax— to boost E vehicles transportation system in India.

Basic Information

NameRajesh Agarwal
CategoryEntrepreneur
NationalityIndian
Alma MaterInstitute of Engineering, Calcutta
OccupationCo-Founder of Micromax Ltd
Net WorthRs. 1,400 crore (Combined Net Worth of Rajesh Agarwal and Micromax Co-founders)
Birthdate22 February 1965
BirthplaceDelhi
Age53
SpouseNA
DaughterNA
SonNA

Company Profile

NameMicromax
IndustryConsumer Electronics
Type of businessPrivate Limited
Founded in1991
HeadquarterGurugram
ServicesTelecommunications
Consumer electronics
Area ServedNA
RevenueNA
No. of employees11,000 +
Websitehttp://www.micromaxinfo.com

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Comments 14

  1. Atul says:
    5 years ago

    hoping the electric cab venture he invested in goes to be a big hit, we really need a pollution free Delhi.

    Reply
  2. Damanjay says:
    5 years ago

    I saw Mr. Agarwal give a speech a few years ago, He’s an inspirational person

    Reply
  3. Gagandeep says:
    5 years ago

    Rajesh Agarwal and rahul sharma both have been investing in electric vehicles, it surely is a rising venture.

    Reply
  4. Sheela says:
    5 years ago

    Rajesh agarwal and rahul sharma made micromax king of mobile industry at a time

    Reply
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