Biography of Hunny Bhagchandani: Founder of Torchit Electronics- Entrepreneur
Biography of Hunny Bhagchandani:
Hunny Bhagchandani’s journey began in Ahmedabad, India,
where he was raised in a progressive Sindhi business family. His upbringing
instilled in him a deep sense of compassion and a commitment to social
innovation. From a young age, he was aware of the challenges faced by
individuals with disabilities, which fueled his desire to create a more
inclusive world. This vision would eventually lead him to establish Torchit
Electronics, a company dedicated to developing assistive technologies for
persons with disabilities.
Educational Foundations
Hunny pursued a Bachelor of Technology in Industrial
Engineering at Pandit Deendayal Petroleum University. His studies provided him
with a solid grounding in various disciplines, including manufacturing, supply
chain management, and lean technologies. He also gained insights into economics
and entrepreneurship. This technical knowledge would later play a crucial role
in his quest to design effective solutions for the differently-abled community.
Advanced Leadership Training
Seeking to enhance his leadership skills, Hunny enrolled in
the Executive Leadership Programme at the Indian Institute of Management
Ahmedabad. This prestigious program connected him with top innovators in India,
offering a unique opportunity to engage with experienced professors and tackle
complex case studies. This experience not only sharpened his business acumen
but also inspired him to drive change through innovative solutions.
The Birth of Torchit
In August 2017, Hunny founded Torchit Electronics, driven by
a simple yet powerful idea: to create affordable, efficient devices that would
empower persons with disabilities. Recognizing that around 150 million
individuals in India live with some form of disability, he believed that
accessibility should be a fundamental right, not a privilege. With this mission
in mind, Torchit aimed to develop products that would help these individuals
navigate their daily lives with confidence and ease.
Innovative Product Development
One of the first products Hunny launched was Saarthi, a
device designed to assist blind and visually impaired individuals in detecting
obstacles. This groundbreaking innovation was followed by the introduction of
Jyoti AI glasses, equipped with an optical character recognition system. These
glasses could read printed text aloud, helping users access information
independently. Another significant product, VOIS smart gloves, enabled those
who are hearing and speech impaired to communicate without sign language,
further bridging the gap between different abilities.
Impactful Reach
Since its inception, Torchit has made a remarkable impact,
selling its innovations to over 150,000 people. The company has attracted
approximately $600,000 in investments, combining grants and impact venture
capital. In the fiscal year 2023, Torchit generated a revenue of $710,000,
reflecting the demand for its products. With partnerships spanning over 300
non-profits and 70 corporates, including prestigious organizations like the
World Bank and Tata Trusts, Torchit has positioned itself as a leader in the
assistive technology space.
Biography of Hunny Bhagchandani:Founder of Torchit Electronics-Entrepreneur/age/net worth/investor/affordable assistive technology/Enablemart story
Scaling Up Initiatives
In June 2022, Hunny expanded his mission by launching
Enablemart, an online marketplace that focuses on assisted mobility solutions.
This platform offers a diverse range of over 500 products from nearly 100
companies, including 30 startups. Enablemart aims to provide consumers with
easy access to essential assistive devices, complementing the efforts of
Torchit in empowering the differently abled.
Collaborative Efforts
Hunny's vision is not limited to his own ventures. He
actively collaborates with government bodies, NGOs, and educational
institutions to further his mission. His role as an Advisory Council Member for
the Ministry of Social Justice and Empowerment underscores his commitment to
shaping policies that promote inclusivity and accessibility for all. He
believes in creating a robust ecosystem that supports individuals with
disabilities through innovation and community engagement.
Recognition and Accolades
Hunny's dedication to social entrepreneurship has not gone
unnoticed. He gained national recognition when he was awarded the National
Award by the President of India for his contributions to the field of assistive
technology. His appearance on the popular television show Shark Tank India
brought additional visibility to his work and the importance of assistive
solutions, further inspiring others to join the cause.
Community Engagement
Beyond his business endeavors, Hunny is passionate about
fostering a sense of community among individuals and organizations dedicated to
disability rights. He is a member of Meaningful Business, a global community
focused on achieving the United Nations Sustainable Development Goals. Through
this platform, he connects with like-minded leaders who share his commitment to
merging profit with purpose.
Creating a Legacy
Hunny's mission is clear: he aims to create a lasting impact
in the lives of persons with disabilities. By developing innovative products
and fostering an inclusive environment, he hopes to inspire others to think
beyond conventional boundaries. His journey is a testament to the power of
innovation in driving social change, and he is determined to continue pushing
the envelope.
Looking Ahead
With plans to scale his initiatives further, Hunny remains
focused on developing new technologies and solutions that can reach even more
individuals in need. He envisions a future where assistive devices are not just
available but are also affordable and accessible to all. By nurturing
partnerships and engaging with the community, he hopes to pave the way for a
more inclusive society.
A Call to Action
Hunny Bhagchandani’s story serves as an inspiration for
aspiring entrepreneurs and social innovators. His journey underscores the
importance of empathy and innovation in addressing societal challenges. By
sharing his vision and commitment, he encourages others to join him in creating
a world where everyone, regardless of ability, has the opportunity to thrive.
His legacy will undoubtedly continue to shape the landscape of assistive
technology for years to come.
A timeline for Hunny Bhagchandani’s journey in assistive
technology:
1990s: Born in Ahmedabad, India, into a progressive Sindhi
business family.
2005-2009: Completes a Bachelor of Technology in Industrial
Engineering at Pandit Deendayal Petroleum University.
2017: Enrolls in the Executive Leadership Programme at IIM
Ahmedabad.
August 2017: Founds Torchit Electronics to create affordable
assistive technologies.
2018: Launches Saarthi, a device for blind and visually impaired
individuals.
2019: Introduces Jyoti AI glasses, enhancing accessibility
for visually impaired users.
2020: Develops VOIS smart gloves for communication among the
hearing and speech impaired.
2023: Torchit sells to over 150,000 people, generating $710,000
in revenue.
June 2022: Launches Enablemart, an online marketplace for
assisted mobility solutions.
2023: Appointed Advisory Council Member for the Ministry of Social
Justice and Empowerment.
2023: Receives the National Award from the President of
India for contributions to assistive technology.
2024: Featured on Shark Tank India, increasing visibility
for assistive solutions.
Future Plans: Focuses on scaling initiatives and developing
affordable assistive technologies for all.
