‘The million dollar man’, read the title of The Telegraph, when the e-commerce domain witnessed an unexpected phenomenon. A small startup which catered to the needs of electronic goods including laptops, computers, speakers, digital thermometers and accessories, got acquired by Flipkart for about 125 crores. Yes! We are talking about Hitesh Dhingra. A serial entrepreneur, a relentless soul and a man who left no stone unturned to leave his mark in this entrepreneurial world.
It began when Hitesh and Amanpreet decided to start a venture which would take care of the needs of all electronic goods. letsbuy.com was set up with an initial fund of $6 million in the Punjabi Bagh locality of Delhi. Recalling the early days, Hitesh says, “We were just 13 employees and had to do most of the work right from carrying our products in the office to personally delivering them to the customer’s home, we did it all”. Later, Flipkart acquired it with an intention of breaking into the online electronic market. Having such a wonderful exit from the first ever venture; how many of us can claim of such an amazing feat?
He didn’t stop. He kept the streak alive by successfully establishing further endeavors into products. He co-founded trulymadly.com, often referred as India’s tinder. It became an instant hit. Currently, he is devoting time in establishing ‘The Man Company’ which is a one-stop solution for grooming products for men.
Breaking through into such diverse domains with utmost perfection demands determined effort and unmatched passion to do things. Hitesh is a role model for budding entrepreneurs who wish to walk into the aisles of unexplored territory by leading the way. Budding startup founders look up to him for inspiration as he is certainly the one who knows how to win!