First 20 rejections, then 10 thousand rupees and 2 employees, today the owner of a 500 crore company

Success story: Born in a small village, this boy will make a company of 500 crores by reaching the age of 40, even his family would not have thought. But this happened. He also tasted failures several times at this young age. But taking lessons from failures, reached a level from where his success made noise. We are talking about Vikas D. Nahar, founder of Happilo. Happy’s dry fruits, spices and chocolates are selling very fast in the market. It is known that Vikas Nahar started working with only a few thousand, how such a big business umpire has been raised, which is constantly increasing.

Vikas D. Nahar was born in a village in Mandya district of Karnataka, born in 1984, Vikas D. Nahar. His father Dhanmal Nahar used to cultivate coffee and black pepper. Growing up in the soil of the fields, development learned the nuances of business since childhood. His brother Virendra was already working in “Satvik Specialty Foods”, which gave Vikas experience in the food industry. In such an environment, the understanding of business gradually developed. After marriage, his wife Sunita and daughter became the greatest strength of his life, who supported him at every turn.

Talking about education, Vikas D. Nahar received a computer science degree from Bangalore University in 2005. After this, he started work as Senior Import Manager in Jain Group. Here he understood the nuances of international trade, but his heart was somewhere else. Not satisfied with the job, he did his MBA in marketing from Symbiosis International University in Pune in 2008. After MBA, he became a managing director in the “Satvik” company.

Learning from failure is the key to success

This is where the journey of the food industry started, but the path was not easy. Vikas worked on the new business ideas more than 20 times, but every time failed. Vikas Nahar revealed in an interview that he started 20 different works, but did not succeed. He said, “Learning from failure is the key to success.” He kept moving forward with this mantra. Several media reports said that they contacted about 20 investors for their different business, but they rejected Idea.

Despite repeated fall, he kept getting up and learning. And then came that historic year- 2016. This year, Development D. Nahar laid the foundation of Happleo with only Rs 10,000 and two employees. His wife’s savings of Rs 20 lakh were employed. Since dry fruits are expensive, it was not easy to become work. After this, an amount of Rs 80 lakh was collected through the Government Scheme CGTMSE (Credit Guarantee Fund Trust for Micro and Small Introduction).

It was a brand that sold healthy snacks such as dry fruits, seeds and mix. The first product came in the market like “Trail Mix”, so became a hit. People were becoming health aware and HappyLo understood their needs.

The hard work, perseverance and innovation thinking of development brought Happle to a new height. He did not compromise on quality and increased the range of products continuously. Today, Happiness manufactures more than 40 dry fruits, 60 spices and more than 100 chocolates. It has created a strong hold in online platforms like Flipkart, Amazon and retail stores across the country.

In 2021, there was $ 12 million from A91 partners and $ 25 million from Motilal Oswal in 2022. Today, the valuation of HappyLo is above Rs 500 crore. All this is just the result of a vision, determination and hard work.