Achal Bakeri
Indian entrepreneur and founder, chairman and managing director
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Achal Bakeri is an Indian entrepreneur and founder, chairman and managing director of Symphony Limited.
Achal Bakeri | |
|---|---|
| Born | Mumbai, Maharashtra, India |
| Alma mater | CEPT University University of Southern California |
| Occupation | Businessman |
Early life and education
Bakeri was born in Mumbai, Maharashtra, to father Anil Bakeri, a real estate businessman, and mother Hansabahen.[1]
Bakeri completed his diploma in architecture from CEPT University, located in Ahmedabad, and a Master of Business Administration in the United States from the University of Southern California, located in Los Angeles, California.[2]
Career
He returned to India and started working with his father's real estate business in Ahmedabad.[2]
Symphony
In February 1988, Bakeri started Symphony Limited in Ahmedabad with a seed capital of INR 100,000. The company was about to go bankrupt in 2002, but after purchasing a majority stake in a Mexico company, Bakeri claims it became the world's largest air-cooler manufacturing company.[3][4] In February 2017, Symphony launched air cooler with multiple features like touch screen, voice assist, mosquito repellent.[5][6]
Awards and recognitions
Bakeri is the recipient of awards including:
| Year | Title |
|---|---|
| 1992 | Rotary International Entrepreneur of the year[7] |
| 1995 | India Young Business Achiever Award |
| Finalist World Young Business Achiever in London | |
| 2014 | EY Entrepreneur of year Award (finalist)[8] |
| 2015 | Forbes List of Billionaires 2015[9] |
Associations
Bakeri also serves as a director of Symphony Limited, Sanskrut Tradecom Private Limited, Bakeri Engineering & Infrastructure, Harmony Holdings Private Limited, Oras Investments Private Limited, Paratam Investments Private Limited and Bakeri Urban Development.[10]
