Rahul Bhatia is an Indian businessman and the founder of InterGlobe Enterprises Limited that owns IndiGo, the largest and most profitable airlines in the country. It commenced operations in the year 2006 and had its Initial Public Offering in October 2015. After the listing of the airlines on the Indian stock exchanges BSE and NSE, Forbes magazine declared Rahul Bhatia as the twentieth richest person in India with a net worth of over $3.1 billion.
He completed Electrical Engineering from the University of Waterloo in Ontario (Canada) and returned to India with an aim to set up a telecom venture with Nortel to make digital telephone exchanges. However, since the government at that time didn’t favour any foreign technology, that business didn’t see the daylight. Here is a list of the businesses owned by Rahul Bhatia:
- InterGlobe Hotels: It has a joint venture with a French hospitality company ‘Accor’ that owns the hotel chain under the brand of “Ibis”. There are over 850 Ibis hotels across 40 countries.
- IndiGo Airlines: This is the Rahul’s most successful project which gave him the much-deserved fame and recognition.
- InterGlobe Technologies: This is their IT service and BPO (Business Process Outsourcing) firm that specializes in travel, transportation and hospitality sectors.
Apart from these, Rahul also owns several restaurants!
Rahul Bhatia also worked for two years with IBM where he was involved in establishing a fully automated screen manufacturing plant. Later, Rahul Bhatia returned to India and played another innings of his life and began his career as a businessman by establishing InterGlobe Enterprises in the year 1989. In a short span of time, he diversified into many other businesses and developed a number of travel-related businesses as well. He has also bagged prestigious awards like Ernst & Young Entrepreneur of the Year Award in 2010 and Economic Times Entrepreneur of the Year Award in 2011. Attaining commendable success owing to dedication and efforts, Bhatia has set the perfect precedent for several budding entrepreneurs in the country.