Now a self-made multimillionaire, Vinod Gupta hasn’t forgotten his humble beginnings. Gupta was born in Rampur Mahyaran India where he learned important lessons that have helped him to become successful in the business world. After attending school in a small school several miles of New Delhi, he was accepted at the IIT (Indian Institute of Technology) Kharagpur. While in school, he pursued agricultural engineering topics before heading to the U.S. to pursue his Master’s degree both in business and agricultural engineering at the University of Nebraska.
After graduating, Vinod worked for Commodore Corporation as a marketing research manager. As the marketing analyst for mobile home manufacturers, some of his duties included compiling a list of mobile home dealers to whom he would sell manufactured products. Gupta quickly discovered that there was no cohesive list, and he ordered all local phone books in print, and he tirelessly compiled his own list. Gupta noticed the value of his list and the niche in the market for his product, and he transformed his list into a service based product that other businesses could use for business-to-business communication.
In the year 1972, Vinod Gupta founded American Business Information, and it was the go-to company for businesses that were looking to expand their reach. Two decades later, American Business Information was valued at $500 million. After stepping down as the CEO, he renamed the company InfoUSA to reflect the company’s national domination. Today, Gupta serves as the Managing General Partner for Everest Group, a company that specializes in providing private equity, venture capital, and as a consultant to failing businesses.
Gupta uses his success to benefit others, and he has devoted massive resources to enrich the lives of others. Most recently, Gupta gave back to his hometown Rampur Maniharan by donating $1 million for the development of a women’s polytechnic. Gupta notes that women didn’t have similar educational opportunities as men, and his contribution has helped in the closing of the educational gender gap.