Achal Bakeri Wikipedia
Born/Date of Birth: 1960
Place of Birth: Ahmedabad, Gujarat, India
Alma mater: CEPT University, University of Southern California
Siblings: Pawan Bakeri
Organization founded: Symphony Limited
Net worth: 110 crores USD (2020)
Achal Bakeri is an Indian entrepreneur and founder, chairman and managing director of Symphony Limited.
Early life and education
He was born in Bombay, Maharashtra, to father Anil Bakeri, a real estate businessman, and mother Hansabahen.
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.
He returned to India and started working with his father's real estate business in Ahmedabad.
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 Mexican company, Bakeri claims it became the world's largest air-cooler manufacturing company. In February 2017, Symphony launched air cooler with multiple features like touch screen, voice assist, mosquito repellent.
Awards and recognitions
Bakeri is the recipient of awards including:
- Rotary International Entrepreneur of the year 1992
- India Young Business Achiever Award 1995
- Finalist World Young Business Achiever in London
- EY Entrepreneur of year Award 2014 Finalist
- Forbes List of Billionaires 2015
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.
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