This story is from December 14, 2024
Vivek Oberoi reveals his ₹3400 crore money-lending business, explains why he prefers economy class
Actor Vivek Oberoi recently spoke about his money-lending business for students, valued at around ₹3400 crore. In a video shared by Franchise India, he revealed his plans to introduce a zero-interest payment plan. He also mentioned using his personal brand to draw attention.
Vivek said to Hindustan Times, "I set up a start-up which was into education fee financing, non-collateralised. That became very big. We reached 12,000 schools, colleges, and universities through a B2B network. But then we went on to connect to the C and owned that data. We knew our customers directly, which was 45 lakh individuals who were going to school or college. That was very rich data, and that’s how the company was valued at almost $400 million (around ₹3400 crore). "
In a recent interview with PTI, Vivek Oberoi shared that his business ventures have provided him with the freedom to focus on his passion for acting and allow him to choose roles and stories that truly resonate with him.
The 'Masti' actor said, "Acting is my passion and business is the enabler. It has got me to a point where I can pursue my passion purely. There's no compulsion to do something that I'm not enjoying or bow to a lobby or do any of that. It (business) has given me that freedom."
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Top Comment
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Geetha Nair
131 days ago
will u invest in manufacturing sector and help a woman entrepreneur like me to come upRead allPost comment
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