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Rohit Chadda

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Rohit Chadda
Rohit Chadda
Born (1982-08-26) 26 August 1982 (age 41)
India
NationalityIndian
Alma materIndian Institute of Management Calcutta, Delhi Technological University
Occupation(s)Entrepreneur, Investment Banker
TitleCo-founder, foodpanda & Founder, Paylo
Website[1]

Rohit Chadda (born 26 August 1982) is an investment banker turned serial entrepreneur and is the co-founder of online food ordering platform foodpanda.com.[1][2] He is also the founder of omni-channel payments platform Paylo.[3][4]

Education and early career

Chadda graduated from Delhi Technological University (formerly Delhi College of Engineering) with a degree in computer engineering and worked as a software engineer for Computer Sciences Corporation.[5] In 2007 he joined Indian Institute of Management Calcutta to do his MBA after which he worked at Merrill Lynch as an Investment Banker in United Kingdom. He took an internal transfer to India in 2011.[1]

Entrepreneurial journey

Chadda began his entrepreneurial journey in 2012 when he co-founded foodpanda. Before foodpanda got popular he used to tell people that he delivers pizza for a living.[6] Foodpanda is active in over 40 countries across the world with over 22,000 restaurant partners and has raised a total investment of over USD 100 million till August 2014.[7][8]. He was part of the major controversy of foodpanda scams that took place in India. It is estimated that he made 15 million USD through the scam and shamelessly involved his mother and other relatives to be part of the scam. He was asked to leave the firm right after the article by livemint was published. In 2015, he launched a multi-channel offline payments platform Paylo which acquired the in-restaurant payments app Ruplee in March 2016 for an undisclosed sum.[3][4][9] Chadda believes that execution is more important than the idea to make a startup successful and the key challenge for experienced professionals to work in a startup environment is to unlearn what they have previously learned. [10][11][12]

Award and recognitions

  • Aditya Birla Award for Business Leadership 2007-08, 2008-09[13]
  • Professional Entrepreneur of the Year 2014[14]
  • Young Food & Grocery Professional of the Year 2014[15]
  • Ranked 22 on Fortune 40 under 40 most influential business leaders list 2015[16]
  • Top 25 Most Talented Ecommerce Professionals in India 2015[17]

References

  1. ^ a b "Taking the plunge - Bangalore Mirror". Retrieved 27 July 2016.
  2. ^ "I love the As - my Audi, Apple gadgets and Asics shoes: Rohit Chadda, MD and Co-founder, Foodpanda.in - The Financial Express". The Financial Express. 12 January 2015. Retrieved 27 July 2016.
  3. ^ a b Poovanna, Sharan (22 March 2016). "Payments platform Paylo buys Ruplee". Retrieved 27 July 2016.
  4. ^ a b "Paylo.in acquires in-restaurant payment app Ruplee". Retrieved 27 July 2016.
  5. ^ "Rohit Chadda | LinkedIn". in.linkedin.com. Retrieved 27 July 2016.
  6. ^ Sarkar, John (3 April 2015). "Braving parents & in-laws". Times of India. Retrieved 16 May 2018.
  7. ^ "SmartCEO - Magazine - Starting Up - Hello, food!". www.thesmartceo.in. Retrieved 27 July 2016.
  8. ^ "FoodPanda raises $60 mn in a new round of funding - Times of India". Retrieved 27 July 2016.
  9. ^ "Money on the move - The Financial Express". The Financial Express. 17 April 2016. Retrieved 27 July 2016.
  10. ^ "Startup mantras from entrepreneurs like NR Narayana Murthy, Richard Branson, Kunal Bahl and others". Retrieved 27 July 2016.
  11. ^ Chaturvedi, Pooja (11 January 2015). "The office is shifting". Retrieved 27 July 2016.
  12. ^ "The Net Neutrality debate: Paytm and FoodPanda co-founders elaborate". The Financial Express. 28 April 2015. Retrieved 16 May 2018.
  13. ^ "VC Circle Profile".
  14. ^ "Entrepreneur India Awards".
  15. ^ "CMO ASIA Awards". www.cmoasia.org. Retrieved 27 April 2016.
  16. ^ "Fortune 40 under 40".
  17. ^ "Asia Retail Congress Awards". www.asiaretailcongress.com. Retrieved 27 April 2016.
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