Net Worth

MBA Chai Wala Net Worth 2023: Meet Prafull Billore, the face behind the success of MBA Chai Wala

  • Prafull, also fondly called MBA Chai Wala, established a revolutionary business of tea selling.
  • He formed this business along with his brother, completely from scratch.
  • Following the success of his business, MBA Chai Wala has become a source of inspiration for many entrepreneurs.
  • He holds a B.Com degree and also enrolled for an MBA but later dropped out.
  • Prafull is happily married to lawyer and social media influencer Shreya Billore.

MBA Chai Wala is a highly successful tea-selling business founded and owned by Prafull Billore and his brother Vivek Billore. At present, Prafull Billore’s net worth stands close to ₹4 crores. This article provides details related to MBA Chai Wala’s net worth in 2023.

MBA Chai Wala Net Worth 2023

Name Prafull Billore
Profession Entrepreneur, social media influencer, motivational speaker
Net worth (as of 2023) ₹4 crores (est.)

Prafull Billore Personal Life

Prafull Billore was born on 14 January 1996 in Dhar, Indore, Madhya Pradesh. His father Sohan Billore was a farmer and a small-time businessman from Indore. Details about Prafull’s mother are not known.

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Prafull has a younger brother Vivek with whom he established his popular business MBA Chai Wala. Since 2020, he has been married to Shreya Billore and together the couple has one son.

Shreya Billore is a lawyer, consultant, and advisor. Other than this, she is also a life coach who offers clinical psychology, nutrition counseling, career coaching, and other services to people via her company Askus Away.

Shreya is also the founder of MBA Chai Wala Foundation, an initiative that raises funds for disaster, health support, orphan/ old age homes or COVID-affected relief funds.

Full name Prafull Billore
Profession Entrepreneur, social media influencer, motivational speaker
Years active 2017 – present
Age Born on 14 January 1996
Gender Male
Place of birth Indore, Madhya Pradesh, India
Marital status Married
Spouse Shreya Billore (2020 – present)
Children 1
Nationality Indian
Siblings Vivek Billore (brother)
Parents Sohan Billore (father)

Prafull Billore Early Career

Prafull Billore started working as an employee at McDonald’s earning a meager income of around ₹6000 per month. He joined as a cleaner and was later promoted to cashier at McDonald’s but was Unsatisfied with his job.

Prafull therefore decided to start a business of his own, even if it is something very small. Prafull, who always wanted to be an entrepreneur, thus opened up his very own tea stall.

MBA Chai Wala- Struggle & Company Growth

Billore borrowed around a sum of ₹8000 from his father to open his tea stall, known as MBA Chai Wala. He opened his first stall outside the premises of the Indian Institute of Management (IIM) Ahmedabad.

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After suffering some significant losses in the business at its start, the company not only gained profits but reached a new level of fame and recognition in the market as well.

Prafull’s tea business started slow and he was unable to attract customers initially. He then changed his strategy of selling tea and began talking in English to his customers.

People started getting attracted to the stall with the English-speaking tea seller and his business started to grow.

Once the business set its path to success, Prafull started devoting more time to devising strategies that could help his business grow even more. He started serving complimentary toast with every cup of tea being served in alluring clay cups.

Billore also started social media marketing for his business which played an important role in its growth. Slowly and steadily, Prafull turned his small tea stall business from one city to a million-dollar franchise within a short span of time.

Income & Annual Turnover of MBA Chai Wala

MBA Chai Wala business started in 2017 with a small borrowed investment of ₹8000. Only a few years later, the business stands at a value worth in crores. The company has franchises located all over the country and its annual turnover is somewhere around ₹1 crore.

The daily income generated by MBA Chai Wala is estimated to be around ₹1.5 lacs.

Both MBA Chai Wala and Prafull Billore are a source of inspiration to entrepreneurs all over the country who dream of owning a business with only a small amount of capital in their hands.

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MBA Chai Wala Full Form

MBA Chai Wala is quite an intriguing name but many people were confused as they thought it stood for Master of Business Administration Chai Wala. Many assumed that Prafull might be an MBA drop-out who started his tea business with the name MBA Chai Wala.

However, that is not completely the case.

Yes, Prafull did want to earn an MBA and open his own business. However, it later hit him that he did not need an MBA degree to fulfill his dream of becoming an entrepreneur.

Prafull then opened his very first tea stall under the name ‘Mr. Billore Ahmedabad Chai Wala’, or MBA Chai Wala in short.

Prafull Billore Source of Income

Apart from a successful tea business, Prafull Billore, aka MBA Chai Wala, earns a decent income from other sources as well. He is an angel investor and also earns significantly from his YouTube channel.

Prafull is also a social media influencer who makes money via Instagram as well.

Car Collection owned by Prafull Billore

Billore is a car enthusiast and even at a very young age, he is an owner of three cars including one Mercedes. His collection of cars includes a Tata Nexon, a Tata Safari, a Tata Harrier, and a Mercedes-Benz GLE.

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Prafull Billore on Social Media

Twitter https://twitter.com/pbillore141
Instagram https://www.instagram.com/prafullmbachaiwala/
Facebook https://www.facebook.com/prafullmbachaiwala/
YouTube https://www.youtube.com/@Prafull_billore
Official website https://www.mbachaiwala.com/

Frequently Asked Questions

What is the monthly income of MBA Chai Wala in 2023?

₹45 lacs (approx.)

How much does it cost to open an MBA Chai Wala franchise?

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For details on the MBA Chai Wala franchise, you can submit an inquiry form at www.mbachaiwala.com/for-enquiry/.

Does MBA Chai Wala only sell tea?

No, the MBA Chai Wala business has expanded and now it serves mouth-watering snacks as well.

How many MBA Chai Wala outlets are serving in India?

There are more than 100 outlets available in different states of India.

Did Prafull Billore attend IIM Ahmedabad?

No, actually Prafull is an MBA drop-out from Ahmedabad University

All the data provided in this post such the annual turnover of MBA Chai Wala, the personal and professional life details of Prafull, etc have been collected from reliable sources.

However, if you find any kind of error or some details needs to be edited or removed, please  contact us or leave a message in comments. We will make sure to make the required changes so you only get genuine details.

Post by: Findy

category by: Net Worth

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