Class 12 dropout to Rs 711-cr Juhu tower owner: Dinesh Thakkar's rise

A Class 12 graduate who once chose business over conventional higher education is now making headlines for one of India’s most expensive residential property purchases. Meet Dinesh Thakkar, founder, chairman and managing director of Angel One. In a recent news update, Thakkar has agreed to buy an entire residential tower in Mumbai’s Juhu for about ₹711 crore.Now that is not just any high-profile purchase about the price tag. It is also a story of a man’s unusual entrepreneurial journey. How a young man who entered the stock market, suffered heavy losses and faced the aftermath of the 1992 scam and still built one of India’s prominent retail broking platforms.From Class 12 to stockbrokingThakkar’s is not an ordinary story. As per profiles based on his own accounts, he studied till 12 class. He was born in Mumbai’s Mulund region and came from a business family involved in textile trading.