MBA Chaiwala Biography/Wikipedia
The CEO and Founder of MBA Chai Wala are Prafull Billore. In Ahmedabad, he opened for business on July 25, 2017. He started his tea shop with INR 8,000, and as of 2023, his net worth is over Rs 24 crore. Prafull was born on January 14, 1996, in Madhya Pradesh. After completing his degree, he decided to register for the MBA programme at IIM Ahmedabad. However, he fell short of the required number to be given a place at IIM. After considerable difficulties, he put only INR 8000 into the opening of MBA Chai Wala, a tea business. MBA Chaiwala’s revenue is around 45 and 46 lakhs per month and their daily income is 1.5 lakh rupees.
| Real/Full Name | Prafull Billore |
| Profession | Entrepreneur, Run a Chai Business “MBA Chaiwala” |
| Nick Name | Prafull, MBA Chaiwala |
| Age | 25 |
| Date Of Birth/Birthday | 14 January 1996 |
| Religion/Caste | Hinduism |
| Zodiac/Sun Sign | Capricorns |
| Nationality | Indian |
| Birth Place | Madhya Pradesh, India |
| Residence |
Ahmedabad, Gujarat, India |
| Marital Status | Un-Married |
| Girlfriend | Not Known |
| Children | NA |
| School Name | Not Known |
| College Name | Not Known |
| Educational Qualification | Graduate |
MBA Chaiwala Franchise Initial Cost
MBA Chaiwala Franchise’s initial cost is Rs. 3 lakhs with 100 square fit place.
MBA chaiwala controversies
- Ashish Tiwari, a resident of Indore has filed an FIR against the director of MBA Chaiwala Prafull Billore at Lasudia Police Station as MBA chaiwala has asked 10 lakhs rupees against a franchise fee claiming the franchise will fetch him 10k-15k rupees per day. Ashish has told that 10k is far away, and the franchise is producing 600 rupees a day. Lasudia, Bhawarkua, South Tukoganj, MIG, Vijay Nagar and Palasia police stations have received 28 complaints against Prafull Billore.
- Tanmay Chokse, Franchise owner of Bhawarkua has spent 40 lakhs rupees. The franchise has been shut down.
- Vineet Rai, one of the franchise owners has said that he was charged 27 lakhs rupees for the franchise. These are some of the MBA Chaiwala fraud cases.
- Prafull Billore has charged this high MBA Chaiwala franchise cost for raw materials, equipment cost etc.
- Maximum franchises are in break-even condition, no profit no loss condition or in huge losses.
Comparison between India’s two tea sellers entrepreneurs MBA Chai Wala vs Chai Sutta Bar
Owner of MBA Chai Wala Prafull Billore
The CEO and Founder of MBA Chai Wala is Prafull Billore. In Ahmedabad, he opened for business on July 25, 2017. He started his tea shop with INR 8,000, and as of October 2021, his net worth was INR 3 crore. Prafull was born on January 14, 1996 in Madhya Pradesh. After completing his degree, he decided to register in the MBA programme at IIM Ahmedabad. However, he fell short of the required number to be given a place at IIM. After considerable difficulties, he put only INR 8000 into the opening of MBA Chai Wala, a tea business.
Owner of Chai Sutta Bar Anubhav Dubey
The founder and owner of Chai Sutta Bar is Mr. Anubhav Dubey. One day, his childhood friend, who had completed eighth grade in his village and was now attending Indore for the remaining classes, gave him a call. He initially met Anand Nayak there, who would later join Anubhav as a co-founder. When Anand called Anubhav in Delhi and suggested they create a business together, something snapped, and the way was set for Chai Sutta Bar to open. The two co-founders rapidly learned they were operating on a very tight budget and had no money for things like branding, interior design, or marketing. They were able to design and open the first facility in Indore, which was near to a hostel, with the aid of friends who loaned them items and used furniture. They didn’t have the money to print a banner, so they took a useless piece of wood and manually wrote the name “Chai Sutta Bar” on it. Young folks related to the name and overall theme.
