Net Worth
Anjana Reddy With A Net Worth Of Rs 300 Crores- A Billionaire Business Partner Of Virat Kohli
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Anjana Reddy is a self-made businesswoman and a prominent figure in the Indian retail industry. As the co-founder and CEO of Universal Sportsbiz Pvt. Ltd., she has made a significant impact through brands like Collectabillia, Imara, and Wrogn. Despite having yet to experience in the retail sector, Reddy’s entrepreneurial spirit led her to establish Collectabillia, a branded sports memorabilia business. Her exceptional business acumen convinced renowned cricketer Virat Kohli to become the brand ambassador, propelling Collectabillia to success.
Table of Contents
Personal Life of Anjana Reddy
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- Full name- Tikkavarapu Anjana Reddy
- Gender- Female
- Age- 35 (as of 2023)
- Date of Birth- 15 March 1988
- Birthplace- Hyderabad, India
- Profession- Entrepreneur and Businesswomen
- Religion- Hindu family
- Nationality- Indian
- Zodiac Sign- Pisces
Physical Statistics
- Height- N/A
- Weight- N/A
- Hair Color- Black
- Eye Color- Black
Anjana Reddy’s Net Worth Growth
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Anjana Reddy’s net worth has experienced significant growth over the years, propelled by the success of her business ventures. Her financial trajectory has been impressive, with her firm, Universal Sportsbiz Pvt. Ltd., securing total funding of 81.5 million dollars. In 2018, the company achieved a valuation of over Rs 1200 crore, demonstrating the substantial value Reddy has created.
Additionally, in 2021 alone, she secured 5.23 million dollars, further contributing to her net worth. As of 2022, her net worth was estimated to be around Rs 300 crore. These milestones underscore Reddy’s remarkable entrepreneurial journey and ability to generate substantial wealth through her business endeavors.
Latest News About Anjana Reddy
Year | Net worth |
Net worth in 2018 | $18.5 Billion |
Net worth in 2021 | $ 5.23 million |
Net worth in 2022 | Rs. 300 Crore |
Anjana Reddy Earning And Sources
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Anjana Reddy, the founder of Universal Sportsbiz Pvt Ltd (USPL), has established a successful business empire by capitalizing on India’s passion for cricket and the allure of celebrity endorsements. Initially inspired by the booming sports collectibles industry in the U.S., Reddy recognized the potential of the Indian market and pitched her idea of selling sporting memorabilia to cricket enthusiasts.
However, when her first venture, Collectabillia, faced challenges, Reddy swiftly pivoted to the apparel business. Recognizing the demand for trendy garments, she launched brands like Wrogn, Imara, Ms. Taken, and Single, endorsed by famous film stars. With strategic investments from private equity firms like Accel and Alteria Capital, USPL has achieved remarkable growth, with revenues projected to reach ₹425 crores in FY19. Reddy’s astute business acumen, customer-centric approach, and ability to adapt have positioned her as a powerful force in India’s competitive apparel industry.
Her ability to build successful brands and her strategic business decisions have undoubtedly contributed to her impressive net worth. Reddy’s dedication, hard work, and astute business acumen have propelled her financial prosperity and established her as a prominent figure in the Indian retail industry.
Anjana Reddy Biography
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Anjana Reddy, an accomplished entrepreneur, significantly impacted the Indian business landscape with her innovative approach and strategic thinking. After completing her postgraduate degree in the United States, Reddy returned to India in 2011 with a business idea that struck her during college: a branded memorabilia business. Inspired by the multibillion-dollar sports collectibles industry in the US, she recognized the potential in India’s cricket-crazy population and its sporting icons like Sachin Tendulkar.
With the support of venture capital firm Accel, Reddy pitched her idea to cricket-loving Indians and successfully convinced Tendulkar to endorse her company, Universal Sportsbiz Pvt Ltd (USPL), becoming both an endorser and stakeholder. Despite initial challenges faced by her first venture, Collectabillia, which sold autographed merchandise, Reddy quickly pivoted and redirected her focus towards the apparel business. The unexpected success of Sachin’s T-shirts during his retirement inspired her to explore garments as her next venture.
Over the years, USPL, backed by private equity investors like Accel and Alteria Capital, became a leading celebrity-endorsed branded apparel company. With a range of trendy casualwear brands like Wrogn, Imara, Ms. Taken, and Single, endorsed by famous film stars, USPL has experienced remarkable growth. Despite the challenges faced by India’s apparel industry, Reddy’s astute business strategies, including exclusive partnerships with retail chains like Shoppers Stop and Myntra, have propelled the company’s success.
Anjana Reddy Career
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- Anjana Reddy founded Collectabillia, an online portal for sports memorabilia, in 2011.
- In 2012, she partnered with Sachin Tendulkar to establish Universal Sportsbiz Private Limited (USPL).
- With investments from Accel Partners, Anjana expanded the business and secured Lionel Messi as a brand ambassador for Collectabillia.
- In 2014, Anjana launched WROGN with Virat Kohli as the face and co-owner of the brand.
- In 2015, she collaborated with Shraddha Kapoor to introduce the fashion brand Imara.
- In 2016, Anjana launched Ms. Taken with Kriti Sanon as a women’s fashion label.
- USPL received significant investments, including $13.5 million, from Accel Partners in 2018.
- In 2018, Anjana partnered with Jacqueline Fernandez for a fashion collaboration.
- In 2019, she collaborated with Aditya Roy Kapoor for the men’s fashion label SINGLE.
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