Multi-million dollar company Bollant Industries, founded in 2012 by Srikanth Bolla, had a net worth of $65 million/over Rs 500 crore in 2024.
The following valuation is estimated after including the company’s assets, stock investment, real estate, intellectual property, and manufacturing facilities.
Mr.Srikanth Bolla, CEO,Bollant Industries speaks about inspiration, and what drives him, at Trailblazers!#imthyd #mthr #mthrimt pic.twitter.com/BZDqJYJXxZ
— IMT Hyderabad (@imthyd) December 18, 2016
According to Tracxn, Bollant Industries’ valuation as of Jun 25, 2019, was $59.1M, and its founding round was $17.4K.
Bollant Industries secured the 5th rank out of 33 competitors. His top three competitors include Zume, with total funding of $445 million; Footprint, with $1.11 billion; and Mi Terro Global, with $1.5 million, as per Tracxn.
With the rising progress of Bollant Industries, its founder, Srikanth Bolla, was listed on Forbes Asia’s 30 Under 30 list
Srikanth Bolla holds the larger percentage, 72.01 %, of his company, Bollant Industries, making him the main beneficiary, while other shareholders hold 27.99%.
Since its establishment, the company has grown remarkably, averaging 20% monthly and a turnover of $150 million in 2018.
🏆 @SrikanthBolla_ is the Founder and CEO of Bollant Industries – a manufacturing company that produces eco-friendly disposable products and packaging solutions for manufacturers out of natural leaf and recycled paper. pic.twitter.com/NxlK1dTcHr
— One Young World (@OneYoungWorld) October 24, 2019
As Bollant Industries progressed in revenue, Srikanth Bolla’s net worth also started whooping, making him a millionaire before he was 30.
Further, in April 2017, Forbes magazine listed Srikanth Bolla among the 30 under 30 in Asia, making him one of only three Indians on that list.
In the post, they give rare insights into his inspiring yet struggling journey of establishing his company.
Similarly, Bollant Industries, which has the impressive ambition of minimizing major issues like employment, economics, and the environment, has become one of the greatest companies in India.
An inspiring session under #FLOPolicyInitiative – Specially Abled & Care Vertical! #FLO President #JoyshreeDasVerma introduced Universal FLO promoting #inclusivity & #equality for all, while speaker @srikanthbollant shared his journey from MIT to founding Bollant Industries. pic.twitter.com/nwo5EtvqwS
— FLO-FICCI Women's Chamber of Commerce (@FICCIFLO) June 28, 2024
According to CNN reports, Bollant Industries currently employs around 400 people, a quarter of whom are people with disabilities.
The company founder said, “Our core vision is to employ as many people as possible who are at the margins of society.“
Additional Information
- Bollant Industries has earned Srikanth Bolla more than 20 awards, the most notable being the Emerging Leadership Award by ECLIF Malaysia in 2016 and Young Global Leaders in 2021.
- As per the sources, Bollant Industries has over 5 institutional investors, including iLabs, Patni Financial Advisors, and Amaya Ventures.
- Bollant Industries’ main headquarters is in Hyderabad, India, where it has built its own primary research and development center.
- The company has garnered worldwide attention by transforming palm leaves into tableware while reducing plastic use.
