Tea is one of those drinks that never go out of trend, irrespective of the weather. India has always been the kind of country where there isn’t any particular weather for tea lovers alike. Due to this perennial demand for the drink, the tea industry is always booming, and at every corner, you might find a new stall being opened or launched. However, some stalls open up to shut down in the future, whereas some stalls open up to penetrate the market and emerge as a leader.
One such story wherein a simple tea stall slowly emerged, Prafull Billore as a household brand nam,e is the famed MBA Chai Wala – you see, the name itself has a ‘wow’ factor and it intrigues people towards its tea stall, which eventually is the ultimate marketing technique to win over the public.
This article will cover details about MBA Chai Wala’s net worth, how it started, about Prafull Billore, and much more.
Biography Overview
Prafull Billore, commonly known as MBA Chai Wala, is a young Indian entrepreneur and YouTuber who started his own tea-selling company in Gujarat. Initially, it was named ‘Mr. Billore’ ,but then he later changed it to MBA Chai Wala as it seemed to be a very unique name and wasn’t as difficult as pronouncing ‘Billore’. Currently, Billore’s MBA Chai Wala holds a turnover of over INR 3 crores.
MBA Chai Wala Age & Physical Appearance
Born on 14th January 1996, the owner of MBA Chai Wala, Prafull Billor,e is 28 years old and his zodiac sign is Capricorn. With a decent height of 5 feet 9 inches, Prafull currently weighs 75 kg, and his physical appearance is highlighted by black eyes and black hair.
Early Life
Born in a small town called Dhar in Madhya Pradesh, Prafull was raised a Hindu Brahmin by his father Pandit Sohan Billore, who is a businessman, cum farmer, and also president of Akhil Jaintiya Naramdiya Brahmin Sangathan. His mother’s name is not disclosed, but we know that Prafull has a brother named Vivek, who is the co-founder of MBA Chai Wala.
Education
As a child, Praful was interested in entrepreneursh,ip and he studiedat Devi Ahilya Vishwavidyalaya in Indore, Madhya Pradesh He pursued a Bachelor in Commerce as part of his higher studies. In 2016, Prafull had started preparing for CAT examinations along with GMAT, but he could not clear any of his tests despite trying hard twice.
Career
The humble beginning and rise of MBA Chai Wala
After his graduation, Prafull started working immediately as a salesman at Amway and during his struggle period, he was seen doing a string of odd jobs such as being a housekeeping staff at McDonald’s. It was, however, during his shifts at McDonald’s that he decided to start his tea stall.
Soon enough, he launched his first stall in Ahmedabad, wherein he offered the general public chai with an English accent, which was quite unheard of, especially since it was a ‘chai stall’ and not a cafe or even a cloud kitchen. This fresh perspective caught the immediate attention of several pedestrians and passers-by. The stall became popular for obvious reasons, and it became much more than just a business as it turned out to be a connecting place for people to stand and talk while sipping on ‘chai’. It became a connecting platform as well, which was complete with a whiteboard for employers and job seekers to exchange communication and contact numbers.
Growth over the years
When Prafull opened his dream company, he had an innate desire to gain an identity of his own—it didn’t matter that he could not hold an MBA degree despite trying his best; he still wanted his business to make a significant impact. While starting out, he was aware that starting up a cafe would require a minimum investment of INR 15 lakhs, which was a pretty big commitment that came with its downfalls, uncertainties, and much more.
He also lacked the courage to open a roadside tea stall due to the social stigmas that he would have to deal with had he gone ahead with it – including his parents’ reactions.
Despite all the uncertainties, Prafull went on ahead with his dream and eventually turned MBA Chai Wala into a success.
MBA Chai Wala Net Worth
With an expanding business that spreads over 200 locations in India, Prafull and his business have managed to generate an impressive annual revenue of INR 27 crores or $3.6 million. The brand has significantly benefited from its unique marketing strategies matched with a strong social media presence. The popularity and success of the tea stall company are a testament to Prafull’s brainstorming and impressive marketing strategies.
Net Worth over the years
| Year | Net worth in Rupees | Net worth in Dollars |
| 2019 | ₹ 8,29,98,500 | 1 million dollars |
| 2020 | ₹ 12,44,97,750 | $1.5 million dollars |
| 2021 | ₹ 16,59,88,000 | $2 million dollars |
| 2022 | ₹ 21,57,84,400 | $2.7 million dollars |
| 2023 | ₹ 24,89,82,000 | $3 million |
| 2024 | ₹ 27,00,00,000 | $3.6 million dollars |
We also know that he has an impressive car collection, including Tata Safari, Nexon, and Harrier, and the luxurious Mercedes GLE 300d.
Social Media profile and popularity
MBA Chai Wala has an active social media presence, and its handle is ‘mbachaiwalaind’ with a follower list of 90.9K on Instagram. Whereas, the owner, Praful,l has his account as well and his handle is ‘itsmeprafullbillore’ with a follower list of 1.2 million on Instagram.
Personal Life
Not much is known about Prafull Billore’s personal life, as he chooses to keep it out of the spotlight and prefers to keep focus on his business and brainchild MBA Chai Wala, but we do know that the entrepreneur is married to Shreya Billore and has a son named Miransh Billore.
Lesser Known Facts
- Prafull was born in a Hindu middle-class family that belonged to the Brahmin community in Madhya Pradesh.
- When he was younger, Prafull used to help his father run his business and manage his grocery store.
- When he started with his tea stall, Billore had a setback on the first day itself as no customers showed up at his stall. However, he decided to change his approach and started conversing with passersby in English, which ultimately caught their attention, thus making his stall popular overnight.
- In 2021, he launched the ‘MBA Chai Wala Academy’ to help aspiring entrepreneurs with guidance.
FAQs
He is currently 28 years old.
The net worth of the business is approximately $3 million.
He currently lives in Ahmedabad, Gujarat.
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