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Success Story of Neeraj Chopra: In the year 2020, work started with 8 to 10 people and now the company has crossed the 20 crore turnover in just three years.
Success Story of Neeraj Chopra: From facing early failures in his father’s established business to establishing his own refurbished mobile phone business, Neeraj Chopra has all the features of a Bollywood blockbuster in the journey of entrepreneurship of Neeraj Chopra- drama, failures, an unique idea, and an impressive return. Today, when everyone has a mobile phone in his hand, Neeraj made this device a business of crores. Without any major investment or marketing, he launched a startup called Zobox, which refers to the old mobile phone and sells them again and does all this in an environmentally friendly way.
In just 3 years, Zobox has obtained a turnover of Rs 20 crore. Mobile phones available on Zobox are of many famous brands, due to which something is definitely done for every customer. Delhi -based Zobox founder Neeraj told Weekend Leader that by choosing a refurbished mobile phone, our customers get a chance to save money and also contribute to creating a permanent future. We are committed to promote environmentally friendly options and encourage responsible consumerism.
Business of Rs 20 crore in three years: Neeraj was born in a business family in Delhi. Neeraj’s early business experiences were filled with struggle and learning. His father, who used to trade insecticides and seeds, later moved to the wholesale trade of electronic components in Delhi’s famous Old Lajpat Rai Market.
Neeraj completed his class 12 from Naval Public School, Delhi in 1998 and after that Neeraj studied B.Com from Satyavati College, University of Delhi. When Neeraj started his college studies, his father took him with him to teach him about family business.
At the age of 18, he was sent to Hong Kong to work with his uncle to get practical experience. His life in Hong Kong was focused on importing electronic components from China and then selling them in India.
After the death of his uncle in 2010, Neeraj returned to India and joined the family business. However, working in the country proved challenging for him. He later started his own business in areas such as real estate and power bank, but both faced losses.
He saw that just as Cars24 sells old cars again, similar mobile phones can also be repaired and sold. The same idea introduced Zobox, a startup that repairs and refers to old mobile phones and sells them at cheap prices.
