Success Story of Rahul Bhatia, the founder of IndiGo Airlines is truly inspiring

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Success Story of Rahul Bhatia, the founder of IndiGo Airlines is truly inspiring

Rahul Bhatia is the founder of IndiGo Airlines. He is the 38th richest man in the country.  IndiGo Airlines is one of the largest and highly profitable airlines in the country.

  • Rahul Bhatia has hands in three giant businesses; InterGlobe Hotels, IndiGo Airlines, and InterGlobe Technologies.

  • Other than the above three, he also has hands in restaurants.

  • He is also on the board of several top companies like InterGlobe Technology Quotient Private Limited, InterGlobe Aviatio Limited, InterGlobe Aviation Private Limited, Acquire Services Private Limited, Bharat Telecom Limited and many more.

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  • Rahul is one of those persons who love to maintain a low profile. He is a very simple man, not just in terms of dressing, but also with his approach towards life.  He is very much away from the spotlight and mainly concentrates on his business.

  • After securing a degree, Rahul came back to India with an intention to set up a telecom venture with Nortel to make digital telephone exchanges.

  • However, it didn’t work as the government at that time did not favor foreign technology.

  • Rahul who wanted to go for teaching, went on with his family business of running airline agency citing his father’s ill health.

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  • Rahul and his father later learned that other partners of the agency gained much of the stakes in the company. After that Rahul and his father were asked to leave the company.

  • This made Rahul think and he decided to start over with $37, 000 as a capital.

  • He then started InterGlobe, which was an IT services and BPO company.

  • In the meantime, Rahul developed a close friendship with Rakesh Gangwal who was the CEO of US Airways.

  • By doing some groundwork, he started his own airlines.

  • In 2004, Rahul started IndiGo Airlines in India.

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  • Though the airlines got a license in 2004, it took a couple of years to take off.

  • Back in 2005 when the airlines are seeing their worst time, Rahul went on to order 100 Airbus A320-200 aircraft, at $6.5 billion at the Paris Air Show.

  • In 2010, with a market share of 17.3%, IndiGo managed to replace Air India as the third largest airline in India with predecessors as Kingfisher and Jet Airways.

  • By 2011, the company shook the market by ordering another 180 Airbus A320neo aircrafts worth $15 billion. They also launched international flights in the same year and slowly grabbed the second position.

Published by Mamatha on 19 Feb 2018