In this platform, we have interviewed many entrepreneurs. In all those interviews we found one thing in common – all of them are dreamers. Most of the entrepreneurs are doing something in life which they actually love to do. They turned their passion into profession. And, they are successful. Today, we are sharing with you another inspiring story. This is the story of Rohit Gadia, the founder of CapitalVia Global Research Limited, a financial market research and consulting company.
Rohit Gadia’s decision to relocate to Bangalore
Rohit Gadia was born in Burhanpur, a small town in Madhya Pradesh. After completing schooling, he moved to Bangalore for higher studies. He chose Bangalore because he wanted to become independent. This decision changed his life. You will get to know why after you finish reading this article.
Early days of trading in the Stock Market
In Bangalore, Rohit enrolled himself in Shri Bhagwan Mahavir Jain College to pursue graduation in commerce. During his college days, he developed an interest in the stock market. He learned how the stock market works and how one can make money by trading in shares. During his second year of graduation, he started doing part time jobs like selling sim cards and data entry jobs in Hewlett Packard’s BPO division. The money which Rohit earned went into opening a trading account with Sharekhan. During this period, he got himself a credit card using which he started paying his bills. He also asked his friends to make use of his credit card during shopping and reimburse him in cash. Rohit made full use of the 45 days interest-free period of his credit card company to his advantage. By then, he was earning around Rs. 4,000-Rs. 5000 a month which would go into the stock market for trading in shares.
The launch of CapitalVia
Not all of Rohit’s investment decisions went right, and he was still learning from his mistakes. One day, a friend approached him for an investment advice. The advice turned out to be a good one. Soon many others started seeking his opinion. It was then Rohit saw this as an opportunity and decided to open a web-based financial market research and consulting firm which would focus on technical analysis and provide recommendations. In October 2006, the idea got a formal shape when Capitalvia.com was registered as a domain name. “I basically started doing technical analysis for traders and sold the data to interested customers as a trial pack for two-three days or Rs. 4,000 a month for a full subscription pack,” says Rohit.
The journey so far
In 2007, Rohit took a brief break from his entrepreneurial career and joined SP Jain School of Global Management to pursue MBA (Finance). In June 2008, he moved to Indore and restarted CapitalVia. This time, he was more polished and had many more ideas to implement. The company started with 4-5 people from a small office. In the first year, the company expanded to 20 people and generated revenue of Rs. 1.32 Crore. CapitalVia has been growing since then and now it has close to 1000 employees. Other than Indore, the company now have offices in leading cities of the country and abroad. CapitalVia became a 15 Crore company in 2012.Rohit, the young CEO of the company now have bigger dreams – to transform CapitalVia into a Billion Dollar Enterprise in the next five years!
Once in an interview Rohit said, “CapitalVia aspires to be the Merrill Lynch for Indian SMEs because the latter cannot afford to take help from larger research MNCs due to higher costs. We also hold free education programmes and trader camps for our customers in Indore, where we invite 200-300 people.”
Rohit, the young CEO of the company now have bigger dreams – to transform CapitalVia into a Billion Dollar Enterprise in the next five years!