Raj Shamani Age, Girlfriend, Family, Biography & More
Quick Info→
Marital Status: Unmarried
Age: 26 Years
Hometown: Indore, Madhya Pradesh
Bio/Wiki | |
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Profession(s) | Entrepreneur, Content Creator, Speaker |
Physical Stats & More | |
Height (approx.) | in centimeters- 165 cm in meters- 1.65 m in feet & inches- 5’ 5” |
Eye Colour | Black |
Hair Colour | Black |
Career | |
Awards, Honours, Achievements | • Top 10 Young Entrepreneurs in India by Asian Age • Top 5 Young Influencers in India by YourStory • Top 10 Business Podcasts in India by Itunes |
Personal Life | |
Date of Birth | 29 July 1997 (Tuesday) |
Age (as of 2023) | 26 Years |
Birthplace | Indore, Madhya Pradesh |
Zodiac sign | Leo |
Nationality | Indian |
Hometown | Indore, Madhya Pradesh |
School | National Public School, Indore |
College/University | • Prestige Institute of Management & Research, Indore • SP Jain Institute of Management & Research, Mumbai |
Educational Qualification(s) [1]Raj Shamani - Linkedin | • Bachelor of Business Administration (BBA) (2013-2016) • Master of Business Administration (MBA) (2019-2021) |
Hobbies | Travelling, Gyming |
Relationships & More | |
Marital Status | Unmarried |
Family | |
Wife/Spouse | N/A |
Parents | Father- Naresh Shamani (businessman) Mother- Name Not Known |
Siblings | Brother- Rahul Shamani |
Some Lesser Known Facts About Raj Shamani
- Raj Shamani is an Indian entrepreneur, content creator, and speaker who is known for running the Shamani industries. He is the youngest Indian to represent India in the programme called Youth Representative Program for Young Leaders in the United Nations. He has also been a TedX Speaker four times.
- According to his official website, he was not very good at academics and was called a ‘useless kid’ when he was a teenager. He was not very good at public speaking since childhood, but he was passionate about storytelling.
- In an interview, he said that before becoming a businessman, he wanted to become a rapper and was very influenced by the songs at that time.
- Raj’s family came to Indore from Rajasthan in the 1980s and searched for work. His family was going through a tough time and was only dependent on his father’s income he earned by selling coconut on the streets. Later, his grandfather and uncle started working in a soap factory and his father used to sell the products in the market. After taking some experience, all of them started making soaps at home. Their business started to grow and in 2003, his father started a chemical trading business and started supplying products to soap manufacturers in the country. In 2008, their business was affected by the recession and in 2013, after his father suffered a diabetic attack, he borrowed Rs. 10,000 from his father and bought the raw materials to start a business.
- When he was 16 years old, he started Shamani Industries with his father and started selling dish soaps. Within 5 years, their FMCG business grew to 20x revenue. He also works as an angel investor and growth consultant in multiple Sequoia-backed ventures like Classplus, Growth School, Zionverse, Wint Wealth, Deciml, Mainstreet, Avalon Scenes, and more.
- In 2013, he launched his product, Jadugar Drop. When his business was stable, he focused on only targeting local shop owners and not so much on profit margins. He planned to take a 12-15 per cent profit margin on the product. In an interview, he said that he made his product and approached families and grocery stores in nearby localities with his product and gave them the demonstration himself. He further said that his product was priced at Rs. 45 whereas Vim and Pril were Rs. 110.
- He produced around 250 bottles of the product in March and July 2013. When he joined the college in July, he sold 100 bottles to grocery stores and distributed another 100 among his friends. He used to sell 500 ml bottles instead of giving free samples in sachets. In an interview, he said that the reason for selling the product in bottles and said,
When you give small sachets, chances are people would throw it away or not use it. But when you have something like a 500 ml bottle, even if you don’t use it immediately, you wouldn’t discard it or may even use it.”
- After a few days in college, he asked his friends to get feedback from their mothers. He used to interact with them which helped him naked a customer base. He used to offer them a 25% discount if they purchased five litres of their product. In an interview, he said that the strategy worked well for him because many houses started using his product. After some success, he started a multi-level marketing business and approached housewives who wanted to become financially independent. He used this scheme in 17 societies after which a local newspaper even published an article about how he was financially empowering women. His products were put on the shelves of many local shops there.
- After completing college, he did not get any internships. In an interview, he talked about how he gained knowledge about business and said,
We have the best place to gain knowledge around which is kirana stores. I spent the following weeks standing outside kiranas just observing.”
- In 2016, he owned 2 small consumer products companies. He merged his father’s company where he worked with his companies and expanded its 90 L annual turnover business to 9cr turnover within 24 months. In 2016, the company’s product portfolio has grown to 16, which includes dishwashing liquid, soap, detergent powder, toilet cleaner, floor cleaner, and sanitiser.
- His passion for storytelling made him deliver speeches at different colleges. He used to record the speeches and post them on Instagram. He has delivered more than 200 speeches in more than 26 countries on business, branding, growth & mental health at organizations like Jaguar Land Rover, TCS, Reliance and Forbes.
- He is a content creator and distributes his content on various media platforms including YouTube, Instagram, and Twitter. His YouTube channel has more than a lakh subscribers. One of his videos ‘What’s the hard you want to choose’, crossed 30 million hits in 15 days after its release. He also runs a podcast ‘Figuring Out’ which aims at helping young entrepreneurs and startups. He has over one million followers on Instagram. Because of his content creation, he has created eight different income streams. He is the founder of an ed-tech platform, Figuring Out Academy which teaches how to build and scale their startups. [2]Raj Shamani – Instagram
- He has learned about business distribution and product development through Google and YouTube. He has taken training under the BASF product development segment. In an interview, he said that one of the biggest challenges he faced while establishing the business was the entry of companies established in other sectors into the FMCG market. In an interview, he further talked about this and said,
Brands come in like seasons for a year or two and try to flood the market with offers because they have deep pockets. Most MNCs think FMCG is the way forward in the wake of the COVID-19-induced lockdown, as homecare products were included on the essential list. But I don’t think that’s the way ahead after for everyone.”
- In an interview, he said that more than 400 people worked in his company and in 2020, during the lockdown, there came a situation to lay them off but he sat with his team and brainstormed ideas about how to give them employment. His company launched new products such as sanitisers and disinfectants, which were in high demand. This led to a lot of profit and avoided letting workers go.
- In 2022, he wrote the book ‘Build Don’t Talk.’
- In April 2023, he was criticized by some of his fans for a Twitter post in which he wrote that he likes to work hard and that he could work more than 24 hours. Many people on Twitter said that he was promoting toxic work culture where there was no time for anything else.
- In April 2023, he announced the launch of another technology-based platform ‘House of X’ which aims at helping content creators to create brands in seven days. He became the first content creator in India to launch such a technology-based platform.
- In 2023, he was featured on the cover of Forbes magazine.
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