Zobox Success Story: Today our country India is a hub of startups because new startups are being started in India every day and many startups have become unicorns in today’s time. Here unicorn means that when the value of a startup exceeds one billion dollars, then that startup becomes a unicorn.
According to reports, there are more than 100 Unicorn Startups in India at this time, so from this thing you can guess at what speed Startups are growing in India today. That’s why today we have brought you a success story from the world of startups, in which the founder of this business has built a company worth crores with the help of old mobile phones.
Here we are talking about Neeraj Chopra who started a startup named Zobox and today this startup has become worth crores. In today’s article you will read about Zobox Success Story and know how Neeraj Chopra has made his business worth crores.
How Zobox Success Story Started?
Neeraj Chopra was born in Delhi, India. His grandfather came to India from Pakistan during the partition and leaving everything behind in Pakistan, he built everything new for his family here. Neeraj’s father used to do export import business in Hong Kong and that is why when Neeraj turned 18, he went to Hong Kong to join his father in the year 2000.
After reaching Hong Kong, Neeraj completed his entire education in Hong Kong, and also handled his father’s export business there for 12 years. Everything was going well but suddenly in the year 2012, Neeraj had to return to India because his uncle had passed away.
After coming to India, Neeraj saw that the demand for power banks in India is increasing very much but its production has not started much yet. For this reason, Neeraj started importing power banks from Hong Kong to India, then he did business of power banks and electronics here for 5 years and after gaining experience from here, in the year 2020, he decided to form his own company and from here his Zobox startup starts.
Started Business During Corona Period
When Neeraj was starting the Zobox company, lockdown was imposed in India at the same time and due to this he started his business plan after some time in December 2020. Neeraj started selling old mobiles by refurbishing them in the Zobox company, here Neeraj used to buy old mobiles and after repairing them, he used to sell them again. Let us tell you that as soon as he started this business, his business started growing rapidly.
The beginning was a bit difficult for him because at that time he did not get a very good response, initially he could barely sell 100 mobiles but today the story is completely different.
Today it has become a company worth crores
The Zobox company started during the Corona period has become worth crores today, there was a time when Neeraj could barely sell a few mobiles through this company. But today every day 20 thousand to 25,000 mobiles are easily sold. Apart from this, Neeraj has also built a small space in Karol Bagh, Delhi where his team also does mobile repairing.
If we talk about the turnover of this company now, then the turnover of Zobox company has reached 50 crores rupees, due to which this company has become worth crores.
Zobox Success Story Overview
| Topic | Details |
|---|---|
| Title | Zobox Success Story |
| Neeraj Chopra’s Background | Over 15 years of experience in the electronics sector, both domestically and internationally. Pioneer in the refurbished gadgets industry in India. |
| Zobox’s Launch and Development | Founded in 2020 as a dynamic B2B electronics brand specializing in refurbished mobile phones. Reshaping the industry as market leaders in refurbished mobile phones. |
| Future of Refurbished Gadgets | Growing demand due to budget-friendliness and eco-consciousness. |
| Mantra for Success | Commitment to providing finest refurbished gadgets at budget-friendly costs, focusing on quality, latest models, and innovations. |
| Zobox’s Contribution to Sustainability | Deep commitment to environmental sustainability. |
Zobox Success Story Interview
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