Businessman
Achal Bakeri is an Indian entrepreneur and founder, chairman and managing director of Symphony Limited.
Early life and education
He was born in Mumbai, Maharashtra, to father Anil Bakeri, a real estate businessman, and mother Hansabahen.[1]
Bakeri completed his diploma in architecture from CEPT University, located in Ahmedabad, and a Master of Business Administration in the United States from the University of Southern California, located in Los Angeles, California.[2]
Career
He returned to India and started working with his father's real estate business in Ahmedabad.[2]
Symphony
In February 1988, Bakeri started Symphony Limited in Ahmedabad with a seed capital of INR 100,000. The company was about to go bankrupt in 2002, but after purchasing a majority stake in a Mexican company, Bakeri claims it became the world's largest air-cooler manufacturing company.[3][4] In February 2017, Symphony launched air cooler with multiple features like touch screen, voice assist, mosquito repellent.[5][6]
Awards and recognitions
Bakeri is the recipient of awards including:
- Rotary International Entrepreneur of the year 1992[7]
- India Young Business Achiever Award 1995
- Finalist World Young Business Achiever in London
- EY Entrepreneur of year Award 2014 Finalist[8]
- Forbes List of Billionaires 2015[9]
Associations
Bakeri also serves as a director of Symphony Limited, Sanskrut Tradecom Private Limited, Bakeri Engineering & Infrastructure, Harmony Holdings Private Limited, Oras Investments Private Limited, Paratam Investments Private Limited and Bakeri Urban Development.[10]
See also
References
- ↑ Jewels of India: Anil Bakeri. Chitralekha. Retrieved 16 June 2015.
- ↑ 2.0 2.1 India's Biggest Value Creators: Achal Bakeri's Net Worth Jumps from Rs 2 Cr to Rs 2k Cr in Just a Decade. The Economic Times(26 April 2014). Retrieved 3 March 2015.
- ↑ Symphony's Achal Bakeri on How to Make Your Company Great. Forbes India(9 August 2012). Retrieved 16 June 2015.
- ↑ Selling Coolers: How Achal Bakeri Made 'Symphony' into a Rs 300 Crore Business. The Economic Times(28 May 2012). Retrieved 16 June 2015.
- ↑ Symphony's Touch cooler doubles up as air purifier and mosquito-repellent. The Hindu Business Line(15 February 2017). Retrieved 5 October 2017.
- ↑ Symphony launches air cooler with multiple features – ET Retail, www.ETRetail.com. ETRetail.com. Retrieved 5 October 2017.
- ↑ Achal Bakeri. Retrieved 16 June 2015.
- ↑ EOY 2014 Finalists – Innovative Game Changers. Retrieved 16 June 2015.
- ↑ Achal Bakeri. Forbes. Retrieved 16 June 2015.
- ↑ Achal Anil Bakeri MBA. Retrieved 16 June 2015.