Meet Shobhit Singh, who became a monk after MBA, returned home after few years due to…, now runs Rs 1200000000 business of …
Shobhit Singh success story: A person can be anything with his grit and determination. But what is destined will happen. Shobhit Kumar Singh must not have ever thought that he will again return to the worldly life after becoming a monk. Today not only he is a entrepreneur, but also his business is getting huge turnover.
Shobhit, who hails from Kanpur, spent about one and a half years in an ashram as a monk. Under pressure from his parents, he returned home and got married. Today Shobhit is the owner of a toy and stationery brand with a turnover of Rs 120 crore. Shobhit Kumar Singh launched Stone Sapphire India Private Limited in 2016. The ‘Make in India venture’ company started marketing children’s toys and stationery under its brand Scoodle.
Shobhit family background
Shobhit Kumar Singh hails from Kanpur in Uttar Pradesh. In 1999, he did MBA in Finance from the same university before doing BA Honors in Economics from Aligarh Muslim University (AMU) in 1997. His first job was in a German software company in Delhi as an assistant manager.
His religious detour
From the very beginning, he was inclined towards spiritual and philosophical life and studied various religions. This includes Vedic management programs, Islamic teachings and Christian theology. At a very tender age of 26 and after completing his MBA and then starting his career in a German software firm, Shobhit decided to renounce worldly life. He went to live as a sanyasi at Maharishi Mahesh Yogi’s ashram in Rishikesh, where he spent about 18 months.
Parents’ pressure
However, after about a year and a half, due to parental pressure, he left the sanyasi life and got married. His wife was from a business family of Vadodara, Gujarat. It was then that he entered the business world.
Shobhit Kumar Singh has played a key role in making Stone Sapphire India Pvt. Ltd with a promising turnover of Rs 120 crore. He laid its foundation in 2016. The company started with children’s ‘art and culture kit’. Then expanded its range to stationery, toys, games and home products.
Shobhit’s achievements
Shobhit has more than 500 SKUs (stock-keeping units). He has acquired licenses for many famous international brands like Play-doh, My Little Pony, Playskool, Barbie, Hot Wheels, Marvel, Fisher-Price, Disney etc. The company has a wide distribution network across India, reaching more than 30,000 stores. The story of Shobhit Kumar Singh is a great example of how a person can touch the heights of business success while still connecting to his spiritual roots.
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