6 days ago
Former Wipro Techie Builds Rs 600 Crore Farming Business
Shashi Kumar had a comfortable technology job at Wipro in the United States.
He left that job because he wanted to help farmers.
He started a farming business called Akshayakalpa.
The business struggled and nearly ran out of money several times.
His wife helped by using Rs 30 lakh from her savings.
Kumar’s father reportedly stopped speaking to him for about eight years because he disapproved of the decision.
The business later grew to work with 2,800 farmers.
A post on X claims it now earns Rs 600 crore a year, although the figures were not independently verified in the article.
Shashi Kumar left a 12-year IT career at Wipro in the United States to pursue farming through Akshayakalpa.
According to Vikas’s post on X, the company nearly went bankrupt six times during its first nine years.
Kumar’s wife contributed Rs 30 lakh in savings to help the company survive its early struggles.
Akshayakalpa reportedly works with 2,800 farmers and pays each farmer Rs 1.28 lakh per month.
The company is claimed to generate Rs 600 crore annually and earn Rs 60 crore in monthly profit.
- Who
- Shashi Kumar, a former Wipro employee, founded the farming venture Akshayakalpa, according to a post by Vikas.
- What
- He left his United States IT job to pursue farming and build a business intended to help farmers.
- Where
- He worked in the United States before pursuing the farming venture; the article does not specify where Akshayakalpa operates.
- When
- Why
- He wanted to help farmers through farming and agriculture.
Key facts
- Founder
- Shashi Kumar
- Former employer
- Wipro
- Business
- Akshayakalpa
- Reported annual revenue
- Rs 600 crore
- Reported monthly profit
- Rs 60 crore
- Farmers involved
- 2,800
- Reported farmer payment
- Rs 1.28 lakh per month per farmer
- Early financial support
- Rs 30 lakh from Kumar’s wife’s savings
Quotes
An unidentified social-media user
A commenter sharing an opinion about Akshayakalpa’s chaach.
“Meet Shashi Kumar, who completed his B.Tech from Bangalore University. After graduation, he worked at Wipro for 12 years and then left his job in the US to help farmers through Akshayakalpa. Today, it is making Rs 600 crore a year.”
NDTV
“I have tried their chaach, tastes amazing and beats any other brand available in the market. The only thing is the price is on the upper side, but it's worth it.”
NDTV
Sources
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