Vinod Gupta was born and raised in India under humble financial conditions. He graduated high school and earned his advanced degrees from schools at home and abroad. From the Indian Institute of Technology (IIT) he earned a degree in Agricultural Engineering. He obtained his Masters degrees in Business Management and in Agricultural Engineering from the University of Nebraska (UN) which he attended on a full scholarship.
Vinod Gupta’s first career move after UN-Lincoln was with Commodore Corporation (CC). Per an assigned task, he would later launch a groundbreaking, lucrative business venture. The request was for him to gather a list of every mobile home dealer located in the USA since CC was a mobile home manufacturing company. Finding gaps in and lack of updated information, Vinod decided to order every Yellow Pages directory available in the USA. At that time, there were more 4,500 of them. Armed with that physical database, Vinod Gupta compiled verified lists of every dealer along with their best contact person and sorted them per state or commonwealth. He then sagely offered his employer two options, purchase exclusive rights to the list for approximately $10 thousand USD or take a copy for free and allow Vinod all including selling rights even to competitors. CC chose the latter and the rest is history.
After obtaining a bank loan of $100 USD for seed money to afford business lead sheets and mailers, he commenced to offering this valuable up-to-date data printout and earned handsome profits. Consequently, in 1972 Vinod Gupta founded his first enterprise American Business Institute (ABI). By the mid-1980s, ABI’s database of business operations contained the entire information from every yellow page in the USA. The data was also accessible in many forms. By the mid-1990s, ABI traded publicly on the NASDAQ while employing more than 1,200 people. By 2009, the Company, now known as infoUSA and infoGROUP had acquired unto a global reach and sold for more than $650 million USD. View Related Info Here.
Vinod Gupta is well known for his foresight and diligence. He is also a renowned philanthropist. He passionately pursues the development of educational opportunities for youth and that children grow up with all basic, daily requirements. The students who attend his funded institutions, two of which are extensions of his alma mater, IIT, or receive his scholarships express deep appreciation for his thoughtfulness.