Rahul Bhatia is an Indian businessman and co-founder and non-executive director of low-cost carrier IndiGo and Group Managing Director of InterGlobe Enterprises. IndiGo airlines commenced operations in 4 August 2006 and had its Initial Public Offering (IPO) in October 2015. After the listing of the airline on the Indian stock exchanges BSE and NSE, Forbes magazine declared him the twentieth richest person in India (jointly with his father Kapil Bhatia), with a net worth of $3.1 billion. India Today magazine ranked him #17th in India's 50 Most powerful people of 2017 list. Rahul Bhatia was born in 1960 in Nainital, India. He attended the University of Waterloo and attained a Bachelor of Engineering degree. As a student, he worked for two years with IBM. Bhatia wanted to do Ph.D. and become a teacher. He was, however, also involved in Information technology work for United Airlines and in 1985, in the airlines' head-office in Chicago, he met Rakesh Gangwal with whom he later co-founded IndiGo in 2006.
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