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Meet Man Who Started His Business With Rs 250, Now One Of The Richest In Bihar, His Net Worth Is...
Ravindra Kishore Sinha started his business with just Rs 250 and transformed it into SIS, a global leader in security services. His journey from a trainee journalist to a successful entrepreneur is a story of determination and vision.
Humble Beginnings as a Journalist
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Ravindra Kishore Sinha, originally from Bihar, began his career as a trainee journalist. He worked for local newspapers like The Searchlight and Pradeep, covering important events like the 1971 Bangladesh war. This experience shaped his future entrepreneurial journey.
Inspired by Army Discipline
During his reporting on the 1971 war, Sinha was inspired by the discipline and dedication of the army personnel. This interaction laid the foundation for his business idea, which aimed to provide employment opportunities for ex-servicemen.
(Pic Credit: ANI)
Launching SIS with Just Rs 250
In 1974, Sinha started his business with only Rs 250 in his pocket. He began by recruiting 14 ex-army personnel to offer security services for a building project, paying them a salary of Rs 400 per month. This was the humble beginning of SIS (Security and Intelligence Services).
(Pic Credit: @RKSinhaOffice/X)
Rapid Growth and Expansion
What started small soon grew into a large business. SIS became one of the leading security service providers in India, offering services across various sectors. Today, the company employs over 2,83,000 people globally.
(Pic Credit: @RKSinhaOffice/X)
Going Global with a Major Acquisition
In 2008, Sinha took SIS to new heights by acquiring Australia-based Chubb Security for USD 300 million. This bold move made SIS the first Indian multinational in the security services industry, marking a milestone in Sinha's journey.
(Pic Credit: @RKSinhaOffice/X)
SIS's Impressive Revenue Growth
For the financial year 2023-2024, SIS reported a revenue of Rs 12,261.4 crore, reflecting an 8% growth from the previous year. The company has become a leader in the security industry, operating in India, Singapore, New Zealand, and Australia.
(Pic Credit: @RKSinhaOffice/X)
A Net Worth of Rs 5000 Crore
Today, Ravindra Kishore Sinha's net worth is estimated at Rs 5000 crore. From starting with Rs 250 to building a multi-billion-dollar company, Sinha’s success story is a testament to hard work, vision, and determination.
(Pic Credit: @RKSinhaOffice/X)
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