Curated By: Business Desk
Last Updated: November 09, 2023, 18:03 IST
Happilo has a valuation of Rs 500 crore now.
Vikas D. Nahar was born right into a household of farmers and hails from Karnataka. His household previously used to farm espresso and black pepper. As he had at all times seen his household doing their very own enterprise, he had at all times wished to start out his enterprise.
In India, there was a sudden rise within the startup tradition. There have been many new startups which have emerged in current occasions. Many of the founders began their firms at a smaller degree and are actually a few of the most profitable entrepreneurs within the nation. Today, we’re going to study one such success story: an entrepreneur who failed greater than 20 occasions however didn’t lose hope. Finally, after making an attempt for a few years, considered one of his ventures labored, and the corporate has been price round Rs 500 crore. So, let’s check out the success story of Vikas D. Nahar, the founding father of Happilo.
Vikas D. Nahar was born right into a household of farmers and hails from Karnataka. His household previously used to farm espresso and black pepper. As he had at all times seen his household doing their very own enterprise, he had at all times wished to start out his work. After finishing his faculty training, he attended Bangalore University and graduated in 2005 with a level in pc science. After that, he started working as a senior import supervisor for Jain Group after receiving After working there for a while, Vikas left his job to pursue an MBA at Symbiosis International University. Later, he grew to become a managing director at Satvikk Specialty Foods following the completion of his MBA. He obtained loads of expertise working for the corporate, which ultimately helped him begin his work.
Over the years, he began virtually 20 new ventures, however none of them labored and ultimately fizzled out. Finally, after gaining expertise from his previous experiences, he determined to stop and, in 2016, began his enterprise, Happilo. In an interview, he revealed that he used simply Rs 10,000 to launch the enterprise. In the start, there have been simply two workers within the enterprise.
Apart from that, Happilo presently produces forty completely different sorts of dried fruit. His firm has additionally established a big market presence with 60 kinds of spices and 100 kinds of candies. According to stories, the valuation of Happilo has ranged from Rs 10,000 to Rs 500 crore at present.
