Meet man who earned Rs 23,000 crore selling detergent, had quit government job, started firm on cycle - News Summed Up

Meet man who earned Rs 23,000 crore selling detergent, had quit government job, started firm on cycle


Karsanbhai Patel is one of the leading businessmen in the country, and his rags-to-riches story while establishing Nirma detergent powder is nothing short of inspirational. This idea of Karsanbhai Patel gave birth to Nirma Group, and he started making laundry detergent in his house’s backyard. He started selling this laundry detergent at Rs 3 per kg on his cycle, trying to build his new business. However, he made sure to keep his daughter alive in his heart by naming his detergent brand Nirma, the name of his deceased daughter. Today, Nirma Group has a market cap of over Rs 4000, while Karsanbhai Patel has a net worth of USD 2.8 billion, which comes out to over Rs 23,000 crore.


Source: dna July 11, 2023 14:10 UTC



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