Ganesh Balakrishnan is the Co-Founder & Chief Marketing Officer of Flatheads. Before joining this company he has worked with companies like Momoe Technologies, ShopClues, Bain & Company, Honeywell Technology and others.
|Age (as of 2023)||not known|
|Company sales||Rs 3.34 crores in a year|
|Famous for||Appearing in Shark Tank India|
Early life, family, and education of Ganesh Balakrishnan
Ganesh was born in Mumbai. He has completed his primary education in 1993 from H.A.L High School. Later, in 1993, he moved to VS Vidyalaya. He then completed his B.Tech from Indian Institute of Technology, Bombay. In 2006, he did his PG Diploma from Indian Institute of Management, Bangalore.
Balakrishnan is married to a software engineer who works for a German based company. They also have a daughter who is about 10 years old. The couple resides in Bengaluru and the entrepreneur runs his company from the same city.
Ganesh is an entrepreneur with IIT-IIM background. He has also been serving 20 years’ of global experience. His way of work lead to creating successful businesses and delivering business impact. He is also working with teams across functions and geographies. In July 2001, he was Leadership Development Program Engineer in Ingersoll-Rand International India (Ltd). Then, in November 2004, he became the project leader and worked in the company till 2006. In 2007, he joined Bain & Company as a summer associated and became consultant in October 2011. Then, in 2012, he joined as a Marketing Leader, Emerging Markets Growth in Honeywell but later became director of the company.
In 2013, he became the co-founder of Windsleeve Technologies Pvt. Ltd. He then became the co-founder and CMO of Momoe in 2013. Ganesh was also a vice-president and merchant ecosystem in Shopclues till 2018. In 2018, he became the co-founder of Flatheads and is also working here presently.
Shark Tank India
Ganesh appeared in Shark Tank India 2.0 and became popular online for opening up about his struggling business on the reality show and refusing an offer that did not match his expectations. He came here for his company Flatheads.
He also revealed to the sharks that his company had been making a good amount of sales, they were not having a profit from it. Ganesh is now running out of working capital and has to use his own money to run the company. Ganesh said he had used his personal capital of about Rs 35 lakhs and if he don’t get any deal, he may have to shut down the company and got emotional.
Peyush Bansal and Vineeta Singh offered him Rs 75 lakhs in exchange for 33.3% stock in the company which stands the company on Rs 2.5 crore. However, he had requested a valuation of Rs 25 crore, despite the fact that its company earned sales of Rs 3.4 crore in FY22. Unfortunately, he had to reject the offers. But he became popular after the episode was aired and the company also managed to sell off their entire inventory in 48 hours.
Some exciting facts about Ganesh Balakrishnan
- Ganesh hails from Mumbai, India.
- He is the co-founder of Flatheads.
- He appeared in Shark Tank India 2.0 in 2023.
- Appearing in Shark Tank India was his wisest decision and he became famous overnight.
- All his inventory was also sold out then and he took his Twitter handle to share his emotions.
He is an entrepreneur and also the Co-Founder & Chief Marketing Officer of Flatheads.
He is the co-founder of Flatheads.
Also read: Jugaadu Kamlesh
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