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April 04, 2017 @ 01:15 PM

April 04, 2017 @ 01:15 PM

K. J. Somaiya Institute of Management Studies and Research, Mumbai

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Pranay Chulet

Published : Saturday, 01 August, 2015 10:44 AM

Reading success stories of great professionals stimulates motivational enzyme within us and we all wish to emulate them on our path of success.

Exactly with this aim MBA Rendezvous is presenting you series of motivational stories of successful Professionals who have carved a niche in their own way and have become icon of Management Fraternity.

Following above, read motivational story of Pranay Chulet

An IIT Delhi and an IIM Calcutta alumni, Pranay Chulet founded the Kijiji portal which was later re-christened as Quikr – and has now become the largest online and mobile classifieds portal of India. Quikr is supported by Matrix Partners India, Omidyar Network, Norwest Venture Partners and eBay Inc. 

Success did not come easy to Chulet. He resided in Dariba in Rajasthan. He has been a pioneer in several fields right from the beginning – for instance, he studied  in a Kendriya Vidyalaya and was the first one from his school to ever appear and clear the IIT entrance examination. After having studied chemical engineering at IIT, Chulet then proceeded to IIM for an MBA. 

His story motivates us because he fought against the most  dire circumstances and came out bright like a diamond. The faint hearted would have merely given up or thought such a task to be unachievable. But Chulet stuck to the task at hand. He did not for a moment let go of his strong vision of creating a start-up which would target the local community and its needs of buying, selling, renting across several categories – such as mobile phones, property, employment opportunities and so on. 

Achieving this marvellous feat was not exactly a cake walk for Chulet – initially, his ideas were rejected and he had to face immense difficulty in finding investors. But he did not give up, even in the face of naysayers. He held on tightly to his dream and worked his way up step by step. 

After having achieved this spectacular success, Chulet did not let it get to his head. He is a humble and down-to-earth man who has not forgotten his roots – he remembers the hard-work that his father put in, by working in the mining industry and all the efforts that he, as a student, also made – he studied day and night, despite all odds. An average person might have discarded such an enterprise, but not Chulet. 

Quikr was not built overnight – it took time and experience to create this online giant. Chulet began his first company in the US in around 2000 – it was named Reference Check. This company aimed at providing plumbing services and also helped plumbers to market and publicise themselves. When Chulet returned to India, he witnessed a boom in the print industry. He exploited that and brought classifieds online – this is another motivational aspect – that is, one must strike the iron when it is hot. 

One must utilise an opportunity as soon as it appears on the horizon. If one keeps waiting for the ‘right’ circumstances to set in, one is doomed to fail. Chulet acted at the right moment and reaped the fruits of his labour. 

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