The power of a true leader lies in their vision for the company. A company’s success to a great extent depends upon its CEOs as they are the driving force that unites the different levels and departments of an organization. Beginning his journey from Godrej, veteran leader Vivek Gambhir has come a long way and has been appointed as the CEO of Boat. In this blog, we will comprehensively cover the inspiring life of Vivek Gambhir, CEO of Boat.
Vivek Gambhir Education
The veteran industry leader Vivek Gambhir is an MBA graduate from the esteemed Harvard Business School and a BS (Computer Science) and BA (Economics) graduate from Lafayette College, Pennsylvania. Post the completion of his studies, he has gained rich exposure in the management domain and has donned various hats in various organizations.
Vivek Gambhir is married to Roopika, a photographer by profession. The couple has three children together and is travel freaks who enjoy traveling to various unexplored places.
Also Read about the CEO Captain Raghu Raman!
Career Journey of Vivek Gambhir
The career journey of Vivek Gambhir has been phenomenal and continues to inspire countless budding leaders. After completing his MBA, Vivek Gambhir joined one of the leading consulting firms of the world, Bain & Company as a partner in 1997. He worked with Bain in places such as Boston, Singapore, and New Delhi. He laid the foundation of Bain’s consulting operations in India and led the firm’s FMCG practice in India.
Vivek Gambhir joined Godrej Consumer Products Ltd. as the chief strategy officer in 2009 and has served the organization to the fullest. He also devised effective strategies for the company, portfolio analysis, and leading mergers and acquisitions.
Gambhir led the finance, IT, and legal functions of the company and he helped in creating robust planning processes which did help the company in accelerating its growth. He has also served as the director of Philips India Ltd. At Godrej, Vivek’s stint was extremely successful and he succeeded in the global expansion of the company and helped it become a leading player in the global market.
Also Read: The Lifestyle of Snapchat CEO: Evan Spiegel
Becoming the CEO of Boat
After serving in the Godrej group for 11 successful years, Vivek Gambhir stepped down as the director of the organization. He was later appointed as the CEO of Boat which is a consumer lifestyle and audio company.
“After 11 fulfilling and wonderful years with Godrej, it is time for me to move on to chart the next phase of my journey. For the past many years, I have been living away from my family and seeing them only on weekends. Recently, I had some health problems that made me think more deeply about my lifestyle. Thankfully, I have fully recovered.” Gambhir quoted.
As the CEO of Boat, he will be closely working with founder duo Aman Gupta and Sameer Mehta with the motive of accelerating the growth of the organization. The boat team is pretty vibrant and diligent. They have the crystal clear vision of making Boat the most loved and celebrated consumer lifestyle company in the country.
Vivek Gambhir said, “I am thrilled to join the boAt team. Over the last few years Aman, Sameer, and the amazing team have built an awesome brand backed by fantastic products. While the brand has made tremendous progress, this is just the beginning. I look forward to working with Aman and Sameer to build India’s most loved consumer lifestyle tech brand. With our passionate and vibrant team, we will strive to be more innovative, harness newer growth opportunities, and build a distinctive culture.”
Boat, An Altogether Unique Brand
The boat has managed to create impressive goodwill in the Indian market. It earned a staggeringly high revenue of rupees 500 crores in FY 2019-20. It is driven by the aim to double the gross revenue in FY 2024. The foundation of the organization was laid in 2016 and it raised its funding from Flipkart’s co-founder Sachin Bansal’s BAC acquisitions and Innoven Capital.
Boat offers a breathtaking and unique collection of earbuds, headphones, earphones, and wireless speakers. Recently the company diversified its portfolio by adding smart bands. The company has satisfied its clients and given how ambitious the company is, it will be a leading player in the consumer lifestyle tech niche in a further two to three years.
This was all about the industry veteran leader, Vivek Gambhir. Hope it was worth a read for all the ambitious B-school graduates who aim to make their mark in the corporate and entrepreneurship world. For more insightful and informative blogs like these and regular abroad education updates, stay tuned to Leverage Edu.