The Actor-Turned-Businessman Behind a ₹3,400 Crore Lending Empire, Prefers Economy Class Travel
Bollywood actor Vivek Oberoi, who debuted in 2002 with the gangster film Company and went on to star in hits like Saathiya, Krrish 3, and Omkara, has now carved a niche for himself in the world of business. With a ₹3,400 crore lending empire focused on financing education fees, Vivek Oberoi has proven his entrepreneurial acumen, all while staying grounded and preferring economy class travel for business trips with his team.
The ₹3,400 Crore Startup
In a recent event in Mumbai, Vivek Oberoi shared insights about his education fee-financing startup. Speaking at a session hosted by Franchise India, Vivek revealed that his company operates a B2B model connecting with 12,000 schools, colleges, and universities.
He explained, “We started a student loan business offering fee financing without collateral. Over time, we expanded and built a direct relationship with our customers, amassing a user base of 4.5 million students. This unique approach has grown the company to a valuation of around $400 million (₹3,400 crore).”
Innovations That Stand Out
One of the standout offerings of his company is the zero-interest payment plan. While unusual for a lending business, Vivek emphasized that this model aligns with his vision of creating a positive social impact. He added, “This plan was financially viable and significantly contributed to the company’s success.”
Staying Grounded: Traveling Economy Class
Vivek’s approach to team-building and financial discipline is as unique as his business model.
- For personal trips, Vivek opts for first or business class.
- However, for business-related travel with his startup, he prefers flying in economy class alongside his team.
- He said, “This resonates with my team and boosts morale. It also reinforces financial discipline within the organization.”
Balancing Stardom and Business
While managing his thriving startup, Vivek continues to stay active in the entertainment industry. He was recently seen in Rohit Shetty’s web series Indian Police Force on Amazon Prime Video, alongside Sidharth Malhotra and Shilpa Shetty.
Conclusion
Vivek Oberoi’s journey from Bollywood to boardrooms reflects his versatility and ability to adapt. His ₹3,400 crore education-financing venture showcases his dedication to creating a meaningful social impact, proving that stardom and entrepreneurship can indeed go hand-in-hand. With his grounded approach and innovative business strategies, Vivek is inspiring both fans and budding entrepreneurs alike.