Meet Ravindra Kishore Sinha, The Business Tycoon Who Started His Career As A Journalist – News18

Ravindra Kishore Sinha is a self-made man. This multi-millionaire businessman heads a safety agency with a turnover of about Rs 3,000 crore. Unlike many, he reached the heights of success not due to his ancestral wealth however sheer onerous work and dedication. Ravindra Kishore, who hails from Bihar, began his journey 50 years in the past with solely Rs 250. He is now a profitable businessman and Rajya Sabha MP. The 62-12 months-previous enterprise tycoon and political chief began his profession as a trainee journalist. He labored with The Searchlight and Pradeep (now defunct) dailies in Patna in 1971. During his stint as a journalist, he was assigned the duty to cowl the Bangladesh battle, the place he got here in touch with some military males. He was so impressed to see these military males that he determined to arrange his maiden entrepreneurial enterprise, SIS, for the ex-servicemen.

With solely Rs 250, Sinha began his enterprise and stayed linked with military males on the Danapur Regimental Centre to fetch particulars in regards to the ex-servicemen. Later, he additionally deployed 14 of the military males outdoors the buildings of his builder good friend and supplied them a month-to-month pay of Rs 400.

As his enterprise grew, he went on to amass an Australian safety company referred to as Chubb Security in 2008. To fund the acquisition value Rs $300 million, he offered 14 p.c of his firm’s stake and have become the primary Indian multinational within the safety service trade.

His enterprise enterprise, which was launched with a philanthropic goal, was such an immense success that his firm SIS is now the main safety service supplier in India in addition to overseas. SIS is thought for offering safety companies to residential complexes, banks, and different distinguished buildings and areas. According to the data obtainable on the Internet, the income of SIS is Rs 11,346 crore. Apart from India, the corporate’s companies increase to Singapore, New Zealand and Australia with 374 branches. In addition to that, a complete of two,83,000 workers are employed within the firm’s branches unfold throughout the totally different international locations.