Vivek Oberoi Discloses ₹3400 Crore Money-Lending Venture and His Preference for Economy Class Travel

Vivek Oberoi Discloses ₹3400 Crore Money-Lending Venture and His Preference for Economy Class Travel

4 days ago | 5 Views

Actor Vivek Oberoi has discussed his student-focused money-lending enterprise, which is estimated to be worth approximately ₹3400 crore. Recently, Franchise India released a video featuring the actor, in which he elaborated on the introduction of a zero-interest payment scheme. He also mentioned that he leveraged his brand to attract attention to this initiative.

Vivek discusses his company, which is valued at ₹3400 crore.

Vivek stated that he established a start-up focused on education fee financing without requiring collateral. This venture experienced significant growth, reaching 12,000 educational institutions, including schools, colleges, and universities, through a business-to-business network. Subsequently, the company expanded its connections to the end consumers, gaining direct access to valuable data. This allowed them to identify approximately 4.5 million individuals pursuing education. The richness of this data contributed to the company's valuation, which approached $400 million (approximately ₹3,400 crore).

Vivek's choice to travel in economy class.

He remarked that he discovered two significant benefits from leveraging his association there. Firstly, it allowed him to create a positive social impact, which aligns with his values, as he is passionate about initiatives that foster positive change in his country from the grassroots level. Secondly, he noted that this experience was immensely beneficial for him. He further explained that when he travels for personal reasons, he opts for first class or business class; however, when flying for a company he co-founded, he chooses to fly economy alongside his entire team.

Vivek recently discussed his business endeavours.

In a recent conversation with the news agency PTI, Vivek expressed that his entrepreneurial endeavours have afforded him the liberty to follow his passion for acting and concentrate on narratives that truly resonate with him. He stated, "Acting is my passion, and business serves as the facilitator. It has brought me to a stage where I can engage in my passion without any constraints. I am not compelled to undertake projects that do not bring me joy or to yield to external pressures. My business pursuits have granted me that freedom."

Vivek's forthcoming cinematic projects.

Vivek is scheduled to commence filming for Masti 4 with co-stars Riteish Deshmukh and Aftab Shivdasani at the beginning of next year. Additionally, he is set to start another shooting schedule for an action thriller featuring Tiger Shroff. The actor has recently completed filming for Vishal Ranjan Mishra's action thriller Grey, in which he stars alongside Nithya Menon. His most recent appearance was in Rohit Shetty's inaugural OTT series, Indian Police Force.

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