Biography of Sanil Jain: Founder and CEO of The Better Shop- Entrepreneur
Biography of Sanil Jain:
Early Beginnings
Sanil Jain’s journey into the world of business started with
a strong educational foundation. He earned his Bachelor of Engineering in
Electrical, Electronics, and Communications Engineering from SVITS Indore,
graduating in 2009. This technical background provided him with the analytical
skills necessary for his future ventures. Sanil then furthered his education at
Narsee Monjee Institute of Management Studies (NMIMS), where he pursued a
Master of Business Administration (MBA) with a focus on Marketing from 2012 to
2014. This combination of technical and business education set the stage for
his entrepreneurial career.
The Birth of CupShup
In 2014, Sanil Jain co-founded CupShup with his college
friend Sidharth Singh. They started with a modest capital of ₹1 lakh and a
unique idea: transforming paper cups into a medium for impactful advertising.
This innovative approach aimed to drive brand exposure and engagement by using
everyday items as advertising tools. Over the next seven years, CupShup grew
significantly, working with over 175 brands such as Amazon, Unilever, and Uber.
By 2020, it had become India's largest corporate activation company, achieving
impressive revenues and earning multiple accolades.
Scaling New Heights
Under Sanil’s leadership, CupShup evolved into a major
player in the advertising space. The company not only focused on core
activities but also diversified its services to cater to a broader market.
Sanil played a key role in team building, process optimization, partnerships,
and financial management. By 2020, CupShup was generating around ₹10 crore in
revenues annually, showcasing its robust growth and profitability. The
company’s success was recognized with awards such as Best Advertising Startup
by Startups World Network in 2016 and Excellence in Outdoor Media by e4m in
2020.
Biography of Sanil Jain: Founder and CEO of The Better Shop- Entrepreneur/Age/Net worth/healthier food/Sanil Jain story/The Better Shop story
A New Venture: Blingg
In April 2021, Sanil took on a new challenge by launching
Blingg, a platform designed to help Direct-to-Consumer (D2C) brands gain
visibility. Blingg offered a subscription service, the BlinggBox, which
provided customers with trial packs of 4-5 products for just ₹99 per month.
This innovative model helped introduce over 500 new products from more than 200
D2C brands to thousands of customers. Sanil’s efforts paid off as he
successfully raised $100,000 from investors and angel backers.
Discovering New Challenges
Despite Blingg’s success, Sanil discovered a significant
issue in the Indian packaged food industry. He realized that many so-called
“healthy” food brands were misleading consumers about their product quality.
This insight led him to pivot from Blingg’s original mission to address a more
pressing problem. The realization that the packaged food sector was fraught
with unhealthy ingredients and misleading marketing drove him to rethink his
approach to promoting better food options.
Launching The Better Shop
In October 2023, Sanil launched The Better Shop, a
marketplace dedicated to providing healthier food options. The Better Shop
focuses on curating products free from preservatives, artificial colors, palm
oil, and hydrogenated fats. This new venture aims to address the issues he
identified in the packaged food industry by offering consumers a reliable
source for clean, high-quality groceries. The Better Shop's mission is to
simplify shopping for health-conscious consumers and ensure they can trust the
products they purchase.
The Vision for Healthier Eating
The Better Shop emerged from Sanil’s vision to improve the
quality of packaged foods in India. He recognized that many popular snacks and
grocery items were laden with harmful ingredients, and he sought to create a
marketplace that champions better food choices. By vetting and curating
products, The Better Shop offers a safer shopping experience for those
concerned about their health. Sanil's goal is to empower consumers to make
informed decisions and enjoy food that is both delicious and nutritious.
The Legacy of CupShup
Sanil’s previous venture, CupShup, left a lasting impact on
the advertising industry. By creatively using paper cups for brand promotion,
CupShup changed how companies engaged with consumers. The success and growth of
CupShup demonstrated Sanil’s ability to innovate and scale a business
effectively. Even after exiting CupShup in 2021, the company’s achievements
continued to influence the advertising landscape.
Entrepreneurial Skills and Expertise
Sanil Jain’s career reflects a blend of entrepreneurial
spirit and business acumen. His expertise spans across various domains
including sales, marketing, brand management, and fundraising. His experience
in bootstrapping a start-up to significant revenue and managing a
subscription-based platform showcases his versatility and strategic thinking.
Sanil’s journey underscores his commitment to solving complex problems and
creating valuable solutions.
Looking Ahead
With The Better Shop, Sanil Jain is setting out to make a
significant difference in the packaged food industry. His career trajectory,
from engineering to innovative advertising and now to promoting healthier food
choices, illustrates a continuous drive to tackle challenges and improve
consumer experiences. As he works towards making The Better Shop a leader in
clean food options, Sanil remains focused on enhancing the quality of products
and ensuring consumer trust in the marketplace.
Timeline of Sanil Jain's Career:
2009 - Graduates with a Bachelor of Engineering from SVITS
Indore.
2012-2014 - Completes MBA in Marketing at Narsee Monjee
Institute of Management Studies (NMIMS).
2014 - Co-founds CupShup, revolutionizing advertising with
paper cups.
2020 - CupShup becomes India’s largest corporate activation
company, generating ₹10 crore in annual revenue.
April 2021 - Launches Blingg, a subscription service for
trial packs of D2C products.
2021 - Raises $100,000 for Blingg from investors.
October 2023 - Launches The Better Shop, a marketplace for
healthier food options.
2024 and Beyond - Focuses on promoting better food choices
through The Better Shop, leveraging previous entrepreneurial successes.