{"id":29,"date":"2026-06-20T10:28:56","date_gmt":"2026-06-20T10:28:56","guid":{"rendered":"https:\/\/demosites.royal-elementor-addons.com\/personal-blog-v2\/?p=29"},"modified":"2026-06-20T10:28:56","modified_gmt":"2026-06-20T10:28:56","slug":"how-selling-jewelry-fueled-a-%e2%82%b92000-crore-company","status":"publish","type":"post","link":"https:\/\/jewellersdigest.com\/?p=29","title":{"rendered":"Meet the man who, without an IIT or IIM degree, couldn&#8217;t secure a bank loan and had to sell his mother&#8217;s jewellery to build a Rs 2000 crore company."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"29\" class=\"elementor elementor-29\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e31595f elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"e31595f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6610bef\" data-id=\"6610bef\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9ed77c3 elementor-widget elementor-widget-text-editor\" data-id=\"9ed77c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\n<p class=\"wp-block-paragraph\">During his college, he worked with a large insurance company, Peerless. In 1981, the company sent Subhasish to Bangalore to diversify and extend their insurance business.<\/p>\n<p>Self-made success stories are the most inspiring and moving tales ever. One such story is of Subhasish Chakraborty, founder and Chairman and Managing Director of DTDC, a company worth Rs 2,000 crore.<\/p>\n<p>Subhasish Chakraborty was born into a middle-class family in Kolkata. He studied chemistry at Ramakrishna Mission Residential College. During his college, he worked with a large insurance company, Peerless. In 1981, the company sent Subhasish to Bangalore to diversify and extend their insurance business.\u00a0<\/p>\n<p>In 1987, he quit the insurance company and founded a chemical distribution business. It failed due to postal service issues. Subhasish discovered a major gap between postal services and customers. This was the momentous point. He then started his courier company, DTDC, on 26 July 1990. DTDC stands for Desk to Desk Courier &amp; Cargo.<\/p>\n<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92dd85d elementor-widget elementor-widget-text-editor\" data-id=\"92dd85d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\n<p class=\"wp-block-paragraph\">He then noticed that the demand for courier services was more in smaller towns. The business, which began with an investment of Rs 20,000 in 1990, faced adverse challenges. Banks refused to grant him loan due to the lack of venture capital. However, he sustained the business by selling his mother\u2019s jewellery.<\/p>\n<p>In 1991, Subhasish came across a transformational idea \u2013 the franchise model. The franchise idea worked, and the business became successful.<\/p>\n<p>Presently, the company covers 14,000 PIN codes. It provides delivery services for both retail customers and businesses. Also, it has a global presence in 220 destinations.<\/p>\n<p>It has big giant clients, including Wipro, Infosys, and Tata Group. By 2006, the company had 3,700 franchises and a earning of Rs 125 crore. Also, it secured an investment of Rs 70 crore from Reliance Capital, making it a Rs 180 crore company. By 2010, the sales soared to Rs 450 crore.\u00a0<\/p>\n<p>In 2013, DTDC acquired a 70% stake in Nikkos Logistics and founded DotZot, India&#8217;s first delivery network for e-commerce companies.<\/p>\n<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-ad9083e e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-parent\" data-id=\"ad9083e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1d83ab2 elementor-widget elementor-widget-text-editor\" data-id=\"1d83ab2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\">Jewellery&#8217;s Digest is a premier jewellery magazine that covers the latest trends, insights, and everything happening in the jewellery industry.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Meet the man who, without an IIT or IIM degree, couldn&#8217;t secure a bank loan and had to sell his mother&#8217;s jewellery to build a Rs 2000 crore company.<\/p>\n","protected":false},"author":1,"featured_media":842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[20],"class_list":["post-29","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-jewellery-magazine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Selling Jewelry Fueled a \u20b92000 Crore 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