Albinder Dhindsa, the Cofounder and Grofers CEO, is an epitome of persistence, vision, and belief. Realizing that ordering process in grocery sector in India was still offline and unorganized while talking to his ex-colleague Saurabh Kumar (Grofers’ Founder), he decided to take a plunge in this space with him to make on-demand hyperlocal delivery services between merchants and consumers seamless and easy. To achieve this, he followed an online marketplace model to give customers an experience of discount shopping from the comfort of their homes, which was otherwise possible only when they visited their neighborhood retail stores or wholesale markets. For the CEO’s age, net worth, and email address details, scroll through this wiki.
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Albinder’s low-price online supermarket Grofers is owned by Grofers India Private Limited and is estimated to be worth 300 million USD after Series E round. He plans to delve deeper in markets by launching private labels, enhancing supply chain, and creating technology and infrastructure. Today, through his online grocer, he is providing services in 25 cities in India delivering more than 5000 products across different categories, from grocery to household care to pet care and non-vegetarian items.
Salary & Net Worth – Investors, Funding, & Valuation
As of 2021, Grofers’ valuation could be around 644 million USD. Assuming Albinder holds 5-10% stake in the company, his net worth could be estimated at about 30 to 65 million USD.
Career & Education – Company, University, & College
Before starting up, the CEO of Grofers, Albinder Dhindsa, worked for Deepinder Goyal’s Zomato from December 2011 till May 2014 as its Head of International Operations. Earlier he was at UBS Investment Bank in New York from June 2011 to August 2011 as an Associate. He has also worked at Cambridge Systematics (a US-based transportation consultancy company) as a Senior Associate. There his stint lasted from June 2007 to May 2010. He got his first job at URS Corporation where he took up the role of a transportation analyst. He served the company from December 2005 to June 2007.
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An IIT-Delhi pass-out, Dhindsa went to Columbia University – Columbia Business School to pursue a degree course in MBA.
Contact Albinder Dhindsa – Email Address | Twitter | LinekdIn
Wiki Trivia on Albinder Dhindsa – Age, Interests, & More
Albinder Dhindsa (age 40) is from Patiala, Punjab. Although not a natural entrepreneur, Albinder drew impetus for his startup from the discussions that he would have with his ex-colleague from Cambridge Systematics and now co-founder – Saurabh Kumar. It was during one of their interactions where Grofers CEO spotted the gap that existed in the area of transactions between merchants and customers in the logistics and delivery space and decided to address the problem. Eventually, in December 2013, the duo started to build their idea. At that time, Albinder was working at Zomato and had no intention to leave his job. But the prospect of the opportunity finally led him to join his hyperlocal grocery startup full-time in 2014. It is said that Zomato’s Deepinder Goyal gave Dhindsa seed funding for his venture.
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