How One Man Used Focus and Consistency to Build Success and Give Back

Abhay Bhutada, a member of the Poonawalla Group, began his journey in Latur, Maharashtra. From early on, he was focused on learning, growing, and solving real-world challenges. After qualifying as a Chartered Accountant, he stepped into the financial world with the goal of making systems work better for everyday businesses.

In 2010, he joined the Bank of India as an SME Finance Professional. This experience helped him understand how difficult it was for small and medium enterprises to access credit and financial support. What stood out to him was the lack of digital systems and transparent processes, which motivated him to find a better way.

Laying the First Brick

His experience led him to start a consultancy firm that focused on helping businesses secure finance. While this was a modest beginning, it allowed him to make a direct impact. This experience gave him the confidence to move forward with something more ambitious.

In 2016, he founded TAB Capital. This was a digital-first lending firm created to serve MSMEs. With a focus on speed, convenience, and fair practices, it became a preferred choice for many businesses that had been ignored by traditional finance models. It was one of the early success stories in the digital lending space.

Eventually, TAB Capital caught the eye of a larger group and was acquired. Abhay’s leadership qualities stood out, and he was given the role of managing director in the merged company, where he continued to make a mark.

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Driving Change and Delivering Results

Abhay’s role expanded in 2021 when he led the acquisition of a well-established financial services company. The firm was restructured and its operations redefined under his guidance. A shift towards clean, transparent lending and customer-focused systems helped it scale up quickly.

By FY2024, the company had reached an AUM of Rs 25000 crore and generated a profit of Rs 1000 crore. These results were supported by a strong rating from credit agencies, confirming the company’s financial stability and business strength.

The growth was not accidental. It was the result of careful planning, execution, and a constant effort to improve every part of the system. Abhay led by example, putting quality, innovation, and customer satisfaction at the centre of every decision.

A Bold Step Toward New Goals

Even after such success, Abhay Bhutada chose to take early retirement from his executive role. His focus shifted toward new business ventures and managing investment strategy for the larger group. This decision reflected his long-term thinking and his desire to keep exploring new paths.

Abhay Bhutada's salary for FY24 stood at Rs 241.21 crore, the highest among all corporate executives in India that year. It includes a mix of fixed income and stock options. While many focus on this number, for Abhay, it is a reflection of the value he has created over the years.

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Belief in Daily Growth

Abhay is known for his clear thinking and consistent effort. He believes in treating each day as a chance to do better than yesterday. To him, every failure holds a lesson, and every achievement is a moment to reflect and improve.

Over time, his work has been widely recognized. He has received awards such as the ‘Global Indian of the Year 2023’ and the ‘Young Entrepreneur of India 2017’. These awards not only recognize his success but also highlight his efforts to build businesses that make a real difference.

True Worth Comes from Contribution

Today, Abhay Bhutada net worth is over Rs 1000 crore. But what makes him stand out is not just the number—it’s what he does with it. He believes in using his resources to create change in areas that matter.

Through the Abhay Bhutada Foundation, he works to improve education, healthcare, and sports for those who need it most. One of the foundation’s key efforts is the Learn by Doing program. This initiative distributes STEM kits to students in Pune, helping them learn science in an interactive way.

Supporting Students and Improving Lives

The foundation also supports scholarships for students from economically weaker backgrounds. These scholarships are awarded based on merit, allowing students to continue their education without financial burden. By supporting talented individuals, the foundation opens doors that would otherwise remain closed.

In healthcare, the foundation organizes medical camps, supports blood donation drives, and creates awareness about basic health practices. These efforts are especially valuable in rural areas where such services are often missing.

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Encouraging Young Athletes

Abhay is also passionate about encouraging young athletes. His foundation supports training programs for children who show promise but lack access to resources. With the right guidance and support, these children are given the chance to compete and grow.

All these efforts point to one goal—using success to create real change. Whether it’s in the classroom, the playground, or a medical camp, the impact is clear.

Conclusion

Abhay Bhutada’s journey is a clear example of what’s possible with focus, dedication, and a desire to help others. From starting small to becoming the highest-paid executive in the country, his story is inspiring. Abhay Bhutada's salary and net worth are the results of hard work, but it’s how he uses them that truly defines his success. His efforts to give back through his foundation show that meaningful impact is just as important as personal growth.