KredX Blog KredX Blog
  • HOME
  • PRODUCTS
    logo

    FOR BUSINESS logo

    logo

    FOR INVESTORS logo

    Invoice Discounting

    Unlock money tied up in unpaid invoices

    KNOW MORE

    KredX Pay Later

    A closed loop financing for your dealers/distributors/Retailers

    KNOW MORE

    KredX Cash Management Solutions (CMS)

    Get real-time analytics. Manage disputes. Minimise risks. Get risk-free returns

    KNOW MORE

    KredX Global Trade

    Get Quick Finance To Fund Your Import-Export Requirements

    KNOW MORE

    Invoice Discounting

    Diversify your portfolio with alternative short-term investments

    KNOW MORE
  • PARTNER WITH US

    Business Partner Program

    Accelerate your client’s business growth and get attractive payouts on time

    KNOW MORE

    Financial Advisor Program

    Grow your credibility and clients’ investment portfolio

    KNOW MORE
  • KNOWLEDGE CENTER

    FAQs

    Blog

    Knowledge Base

    Webinars

    Reports

    WhitePapers

    Podcasts

  • COMPANY
  • LOGIN / SIGNUP
  1. Home
  2. Investor
  3. The Barber With A Rolls Royce And A Heart Of Gold: Ramesh Babu
 The Barber With A Rolls Royce And A Heart Of Gold: Ramesh Babu
Investor

The Barber With A Rolls Royce And A Heart Of Gold: Ramesh Babu

by KredX Editorial Team July 18, 2018 0 Comment

It isn’t every day that you come across a barber who owns a Rolls Royce and still cuts his customers’ hair for Rs.150! If there’s one person that the old proverb, “fortune favours the brave” tells a story about, it’s Ramesh Babu, the billionaire barber in Bengaluru with a fleet of luxury cars.

Life wasn’t always fair to Ramesh Babu. Born in a poor family, Babu had lost his father at an early age in 1979. To make ends meet, the family began renting out the tiny salon Babu’s father had owned for a measly Rs. 5 per day but soon realized that wasn’t enough. Babu dropped out of school after Class 10 to support his family and decided to get into the hair-cutting business full time. He went on to open up his own salon called Inner Space near Chinnaswamy Stadium in Bengaluru that became the hairstyling hub for the trendy. Soon enough, Babu had saved enough to fulfill his dream of buying a vehicle, a second-hand Maruti Omni van. He began renting it out to people for personal use and this marked the beginning of his journey to success. His taxi and rental business thrived but faced intense competition. To give himself an edge, Ramesh Babu figured out a gap in supply and targeted it.

In 2004, he ventured out into the world of luxury cars. Though people warned him against taking such a huge risk, Babu stood his ground and decided to take a chance. Eventually, he added several high-end luxury cars and vans to his growing fleet of vehicles. There has been no turning back for Babu since and he began renting them out to high-profile celebrities and politicians. Recently in 2011, he added the Rs.3.1 crore Rolls Royce Ghost to his line of luxury vehicles.

Despite the success of his rental car business, Ramesh Babu hasn’t forgotten his roots. To this very day, he makes it a point to stop by his barbershop every day and cater to his loyal customer base. Babu also intends on training his children in the hairstyling business so that he never shuts shop on the business that helped him and his family get to where they are today.

Ramesh Babu who today has become a celebrity in his own right began his rental and taxi business with a used Omni van and owns a fleet of 200+ cars today which includes a Rolls Royce Ghost, a few Jaguars, and Audis, and several Mercedes and BMW cars. What sets Babu apart is his humility and his will to work hard. We leave you with a quote from his recent TED talk,

“Work hard. Be Humble. Anything else is just luck”.

Share This:
Tags: Audi BMW Hairstyles Jaguars Mercedes Ramesh Babu Barber ramesh babu success story Rolls Royce
Previous post
Next post

KredX Editorial Team (Website)

administrator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Enquire now

  • Invalid value

  • Invalid value

  • Invalid value

The Best Of Alternative Investments, Now On Your Phone

Download App:

KredX Blog KredX Blog

Wing ‘A’, Ground Floor, Office-1 Block-‘A’, Salarpuria Softzone, Bellandur Village, Varthur Hobli, Bangalore South Taluk, Outer Ring Road, Bangalore – 560103

+1 212-602-9641

info@example.com

Get More Location

Follow us:

Download app:

Company

Home
About Us
Careers
Contact Us
Our Offices

Resources

Blog
Reports
Whitepapers
Knowledge Base
Podcasts
Webinars

Support

FAQs
Talk To Our Advisor
Chat With Us
Sign Up
Login

Legal

Nodal Officer Name: Amrutha A / Ph: 08061799200, IVR-9 / Email: Amrutha@Kredx.Com
Terms And Conditions
Privacy Policy

Investor Products

Invoice Discounting
Bonds
Digital Gold/Silver
KredX Assured

Business Products

Invoice Discounting
Buy Now Pay Later
KredX Cash Management Solutions
KredX Global Trade

Quick Links

Business Partner Program
Financial Advisor Program
Business Suite
©2022 Minions Ventures Pvt Ltd