Aayush Phumbhra

As the co-founder of Chegg, Aayush Phumbhra is one of the most successful entrepreneurs in Silicon Valley of the last five years. Chegg is the fast-growing textbook rental company which has received over 150 million in venture funding from investors that include Insight Venture Partners, Kleiner Perkins Caufield & Byers, Foundation Capital, Gabriel Venture Partners and others.
In his role as SVP of Operations, Phumbhra is leading the company's rapid and successful logistics and infrastructure deployment. Starting from ground zero, Chegg has built a word-class fulfillment operation, which currently handles an inventory in excess of a million books and delivers high levels of customer satisfaction during a concentrated order-and-delivery season.
Phumbhra's involvement with Chegg grew out of his personal experience and frustration with textbook prices during his graduate degree at Iowa State. Working closely with his friend and co-founder Osman Rashid, Phumbhra started with a small, online classified business and turned it into the largest, fastest-growing textbook rental business in the world. Textbooks are the third biggest college cost, after tuition and housing, and Chegg allows college students to save hundreds of dollars each year by renting versus purchasing their books.
Chegg, currently headquartered in Santa Clara, CA, launched its current, industry-disruptive rental service in the fall of 2007. The service now boasts customers from over 6,000+ campuses nationwide and has saved students over 66 million dollars. Chegg also plants a tree for every book rented as part of their environmental program and has so far planted over a million trees.
Prior to the founding of Chegg, Phumbhra worked as analyst at Wells Fargo Home Mortgage, and a management and technology consultant at BearingPoint. He completed his MBA from Iowa State University with concentrations in Accounting and Marketing. Before moving to the United States in 2001, Phumbhra launched two companies in his native India, one of which AG Sales, was one of the first local companies to establish new distribution channels for the introduction of peanut butter and other imported foods from the United States, Belgium and Indonesia into the Indian marketplace.
Phumbhra is married to Hap and currently lives in Santa Clara, CA

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