Over the past few years, Padukone has been subtly expanding her family office, KA Enterprises, and starting to invest in startups. A few of her major holdings are Front Row, Mokobara, Supertails, Epigamia, Furlenco, Blu Smart, Bellatrix, Atomberg Technologies, and so on.
SUMMARY:
- Padukone established her family business, KA Enterprises, in 2014.
- Her net worth is estimated to be close to Rs 500 crore.
- She paid Rs 10 crore in taxes during the 2016–2017 fiscal year.
Today is Deepika Padukone’s 38th birthday. In addition to being one of the most paid performers in India, Padukone is a shrewd investor.
In the past few years, Padukone been subtly expanding her business portfolio. She established her family office, KA Enterprises, in 2014, and soon after, she started making investments in startups. Her main ventures are called Front Row, Mokobara, Supertails, Furlenco, Blu Smart, Atomberg Technologies, Epigamia, and so on. For some of these ventures, like Epigamia and Nua, the actor also taken on the roles of brand ambassador and investor.
In an interview with BT in March, Jigar K. Shah, a former venture capitalist and fund manager at KA Enterprises since 2020, stated that the company runs like a typical venture shop, with average check sizes ranging between Rs 3 crore and Rs 5 crore. However, when it comes to the investment thesis, it “depends on the differentiated value proposition the company is offering, moats that are defensible… We also look at the team and their execution abilities [before funding].”
Padukone is one of India’s most sought-after brand endorsers, having endorsed brands like Louis Vuitton, Levi’s, Jio, Pepsi, Adidas, Axis Bank, Tissot, Oppo, Vistara, Chopard, and Dabur. Her net worth is estimated to be close to Rs 500 crore, and she paid Rs 10 crore in taxes in the fiscal year 2016–2017. She was the only female actor to feature on the list of most tax payers in India.
In terms of assets, Padukone owns a four-bedroom apartment on the 26th floor of Tower B of Beaumonde Towers in Mumbai. She also registered a serviced apartment in Bengaluru for Rs 6.79 crore in the same year that she and her husband Ranveer Singh purchased a second bungalow in Alibaug for Rs 22 crore.
Padukone’s commercial ventures extend beyond the family office and her production firm. Tofler reports that in May 2021, Padukone established DPKA Universal Consumer Ventures Pvt. Ltd. in Mumbai, with both her and her renowned father Prakash Padukone serving as directors.
In addition, she is the head of DPKA Universal Consumer Ventures, which introduced the high-end skincare line 82°E in November.