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Home - Blog - Neeraj Chopra’s Olympic Glory: ₹330 Crore Brand Valuation Soars!

Neeraj Chopra’s Olympic Glory: ₹330 Crore Brand Valuation Soars!

Blog 23/08/2024Dhuleswar GarnayakBy Dhuleswar Garnayak3 Mins Read

**India’s Golden Boy: Neeraj Chopra’s Brand⁤ Valuation Surges After Paris Olympics**

Neeraj Chopra, India’s Golden Boy, has ⁣proven his mettle once again by winning⁢ a ‌second Olympic medal in Paris last ⁢month. Chopra had won a gold medal for‍ India‍ in the⁤ previous Olympics edition, making him ⁤the first track-and-field athlete from⁢ India to win ⁢medals in‍ consecutive Olympic ‍editions. As a result, brands have been queuing up ​to sign him for ‌endorsements.

**Neeraj Chopra’s Brand Valuation to Surge by 30-40%**

According to a⁣ report by Economic Times, citing global financial advisory firm Kroll, Neeraj Chopra’s brand valuation is ‌likely to witness a 30-40% surge⁤ after his performance at the Paris Olympics 2024. This surge in popularity among companies and⁢ advertisers‍ might ⁤raise his brand valuation to around $40 million (₹330 crore), reported ET. Before the Paris ‌Olympics, his brand valuation was around $29.6 ⁤million.

**Vinesh Phogat’s Brand⁤ Value Surge After Paris Olympics⁣ Exit**

Ace Indian wrestler Vinesh Phogat lost her chance to win Gold and even Olympic ⁤silver after being disqualified from the multi-sport event because of exceeding ⁤weight by 100 grams. Despite her heartbreaking loss, Vinesh ⁤Phogat’s brand valuation surged significantly after the Paris Olympics. ⁤According to ET report, at ‌least fifteen brands have approached Phogat⁤ to⁣ sign her for their ad campaigns. Phogat’s endorsement fee has​ increased multi-folds from ₹25​ lakhs⁤ to ₹1 crore per deal per year after the games.

**Manu Bhaker: The ‌New Favorite for Firms for Advertisement**

Manu Bhaker stunned the nation with a powerful performance at the Paris Olympics. She created history by⁢ becoming ⁤the first Indian woman in Independent India to win two medals at the same edition of the decorated⁢ event. Multiple firms have now‍ approached ‍the Indian shooter for brand endorsements and advertisements. After the ‌Paris Olympics 2024, Bhaker’s per ⁤deal per year fee has increased ⁣phenomenally from ₹25 lakhs to ₹1.5⁣ crore.

**Rush to Sign Indian Athletes After Paris Olympics**

It is not just Phogat, Bhaker, or Chopra; there is a rush to sign Indian athletes who performed ‌well‍ at the recently concluded​ Paris Olympics. Most of ​the brands belong ⁣to different‌ categories such as packaged foods, ‍health, ⁤nutrition, ⁢jewellery, banking, education, etc.

**Original Content**

The article​ is below:

India’s Golden Boy, Neeraj Chopra,⁤ proved‌ his mettle again after winning a second⁤ Olympic medal in‌ Paris ‍last⁤ month. Chopra ⁢had won⁢ a ​gold medal for India in the ⁤previous Olympics edition. As Neeraj Chopra became the first track-and-field​ athlete ‌from‌ India to win ⁣medals in consecutive​ Olympic editions, brands have been queuing up⁤ to sign him for endorsements.

Neeraj Chopra, who ​holds the rank‍ of a Subedar in the Indian ⁣Army, is‍ likely to witness ‍a 30-40% ​surge in his brand valuation after his performance ‍at the Paris Olympics 2024, reported Economic Times citing global financial advisory​ firm Kroll.

The surge in Neeraj ⁤Chopra’s popularity among companies and advertisers might raise ‌his brand valuation to around $40 million ( 330 crore), reported ET. Before the​ Paris Olympics, his ‌brand valuation was around $29.6

Dhuleswar Garnayak
Dhuleswar Garnayak

Dhuleswar Garnayak is a seasoned journalist with extensive expertise in international relations, business news, and editorials. With a keen understanding of global dynamics and a sharp analytical mind, Dhuleswar provides readers with in-depth coverage of complex international issues and business developments. His editorial work is known for its insightful analysis and thought-provoking commentary, making him a trusted voice in understanding the intersections of global affairs and economic trends.

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