Sanjay Agarwal, a self-made business magnate, has emerged as one of India’s newest generation of billionaires. His journey is a testament to the power of determination and hard work.
Agarwal’s business acumen was evident from an early age. Despite struggling in his formal education, he showed a keen interest in the world of finance. He eventually pursued a career in chartered accounting and passed the CA exam after two failed attempts.
With limited capital, Agarwal started a finance company in Jaipur at the age of 25. He initially focused on car loans but gradually expanded his interests to include a granite mill and a truck firm. In 2000, he made the strategic decision to concentrate solely on the financial sector.
Agarwal’s company reached several significant milestones over the years. In 2002, he partnered with HDFC, and in 2009, he secured funding from Motilal Oswal. In 2017, he successfully transformed his company into AU Small Finance Bank, which now boasts over 1,000 branches nationwide.
Today, AU Small Finance Bank is a leading financial institution in India, serving over 30 lakh customers. Agarwal’s net worth is estimated to be over Rs 10026 crore, making him a shining example of entrepreneurial success in Rajasthan and beyond.
