Vibhu Agarwal founded Ullu which is an entertainment platform that specialises in adult content, know more about the app’s owner and net worth
In the ever-evolving landscape of e-commerce, entrepreneurs continually strive to carve out their niche by revolutionizing the way consumers shop online. Among these visionaries stands Vibhu Agarwal who is the founder and CEO of Ullu & Atrangii.
Who is Vibhu Agarwal Owner and CEO of Ullu app, biography, family, wife, education and net worth
The CEO of Ullu Digital Private Limited is Vibhu Agarwal. He attended the University of Lucknow and is married to Megha Agarwal.
Vibhu has 27 years of extensive experience in various industries, including the steel, education, entertainment, and the glamour sectors.
In 1995, Vibhu Agarwal made a significant mark in the steel manufacturing industry by establishing JAYPEECO India Pvt. Ltd. and the company helped him to further establish other business divisions and, within no time, the company made its base beyond the boundaries of a small town to become one of the fastest-growing organisations in Northern India.
In 2013, he produced “Baat Bann Gayi,” a film with Gulshan Grover and Ali Fazal that served as the beginning of his career in the entertainment industry and later in 2018, he introduced the distinctive OTT App Ullu Digital to break into the OTT industry.
Vibhu Agarwal established ULLU App, an OTT platform driven by a membership model, showcasing exclusive content in Hindi, dubbed in English, and regional languages.#ULLUApp #OTTPlatform #VibhuAgarwal #RegionalContent #HindiEntertainment #dive_media #dive_Media #divemedianews pic.twitter.com/vhn6DbAzzT
— Dive Media ( Explore Essentials ) (@dive_media) January 19, 2024
Vibhu Agarwal developed the Ullu App which is an on-demand streaming service that was released on December 25, 2018 and is now available on Android and iOS devices. Hindi is used to create original content which is then dubbed into English, Bengali, Punjabi, Marathi, Tamil, Telugu Kannada, Gujarati, and Bhojpuri.
Vibhu Agarwal’s other venture Ullu 99 seeks to redefine the e-commerce experience in India.
With a projected growth of the Indian e-commerce market from US$ 46.2 billion in 2020 to a staggering US$ 350 billion by 2030, the potential for innovation and expansion in this sector is undeniable. Vibhu Agarwal’s keen understanding of market trends and consumer behavior has propelled Ullu 99 to the forefront of this burgeoning industry.
Ullu 99 distinguishes itself as India’s first vendor and buyer-friendly purchasing app, boasting fixed price points and value-added services designed to enhance market penetration. The platform’s product range, priced between Rs 99 and Rs 899, caters to a wide spectrum of consumers by offering both affordability and quality.
Agarwal’s strategic vision for Ullu 99 is clear. He aims to provide customers with high-quality goods at unbeatable prices, leveraging the power of online platforms to meet the evolving needs of today’s digital consumers. In a world where convenience is paramount, Ullu 99 aims to streamline the shopping experience, offering a diverse selection of products and a user-friendly interface that prioritizes customer satisfaction above all else.
The global shift towards online shopping has only accelerated in recent years, presenting both challenges and opportunities for e-commerce companies. With Ullu 99, Agarwal seeks to capitalize on this momentum, leveraging his experience and expertise to navigate the complexities of this dynamic industry.
Central to Ullu 99’s success is its unwavering focus on the customer. Agarwal emphasizes the importance of delivering a positive experience to every user, recognizing that satisfied customers are not only repeat buyers but also enthusiastic brand advocates. By prioritizing customer-centricity, Ullu 99 aims to foster long-term relationships with its clientele, ensuring sustainable growth and profitability in the years to come.
Through data-driven insights and continuous innovation, the company strives to anticipate consumer needs and preferences, adapting its offerings accordingly to stay ahead of the curve.
As per draft papers, the company’s IPO comprises fresh issue of 62.63 Lakh shares and do not have an offer for sale (OFS) component and reportedly, Ullu Digital is looking to raise INR 135 Cr-INR 150 Cr via the IPO with the company said to be profitable.
As per the company’s DRHP, its founder Vibhu Agarwal holds a 61.75% stake in Ullu Digital while wife Megha Aggarwal owns 33.25% of the company.