Some Lesser Known Facts About Dhiraj Rajaram
- Does Dhiraj Rajaram smoke?: Not Known
- Does Dhiraj Rajaram drink alcohol?: Not Known
- Born and bred in Chennai, Rajaram spent most of his childhood with his grandparents.
- Before starting his own business venture, he worked as a management consultant at Pricewaterhouse Coopers (PwC) in the U.S. and Booz Allen Hamilton (India).
- Despite knowing the fact that there were established data analytics companies like IBM, Accenture, etc., Rajaram took the bold decision of selling his house and investing all the money (INR 1.2 crore) in a ‘hybrid’ data analytics company start-up idea.
- Rajaram named his company after the Greek letters used for mathematical notations — Mu (µ) and Sigma (σ). The Greek letters that stand for “Mean” and “Standard Deviation”, respectively, were used by him to emphasize on the core business of his company, which mainly revolves around collecting and analyzing a company’s data to suggest measures for boosting sales, reducing workload, maintaining efficiency, etc.
- Mu Sigma, which bagged Microsoft as one of its first clients, now boasts of serving over 150 “Fortune 500” companies across over 10 industry verticals.
- An avid biker, Rajaram loves to ride Royal Enfield Bullet.
- With a valuation of $1.5 billion (INR 9,000 crore), the company entered the “billion-dollar” club in its February 2013 round of funding.
- You wouldn’t come across any boss, who will motivate their employees to quit their job and start an independent business venture. However, that is not the case with Mu Sigma founder, Rajaram, who, reportedly, himself asks his employees to think big and get into their own start-up as soon as possible. Interestingly, he has an open offer 0f $25,000 seed-money for all of his employees who wish to quit and “start-up”. The aforesaid offer, however, is available only on one condition that the start-up, by no means, should compete with Mu Sigma.
- As an angel investor, he has stakes in two food-related startups- ‘Demand Farm’ and ‘Box 8’.
- His wife, Ambiga Subramanian, was the CEO of the company until the couple divorced in 2016.
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