Bhanu Chopra Success Story
One name stands out in the rapidly evolving field of travel technology, and that name is Bhanu Chopra. The tale of Bhanu Chopra, who recognized the true issue facing the travel technology industry and successfully transformed it into a profitable venture, never ceases to motivate.
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Bhanu Chopra knows the problems of travel market
The beginning of Bhanu Chopra’s business career is in 2004. In 2004, while he was employed as a consultant for a large corporation such as Deloitte. He continued traveling to places like America and Europe as a result of him. In the midst of all this activity, he realized there wasn’t a market. He believed that there was no platform available on the market that could compare travel-related prices all in one location. This is also the source of his business concept, which he subsequently called RateGain.
Bhanu Chopra started RateGain company
A modest concept that began with the notion of comparing airfare prices has grown into a significant industry, similar to RateGain. With a clear vision and all the challenges of a startup, Bhanu Chopra ventured into the business-to-business market. Business to Business, or B2B, refers to the exchange of services between large enterprises rather than directly with consumers. Today’s startups, on the other hand, begin with great enthusiasm but eventually spread. In just a single year, Bhanu Chopra turned RateGain into a profitable business.
Bhanu Chopra took the help of big brands to move ahead
The business has so far partnered with well-known travel brands. Well-known travel industry brands include Expedia, Tirvago, SpiceJet, and others. Working with these well-known companies is evidence that RateGain, founded by Bhanu Chopra, has the potential to completely transform the travel sector. And as a result of these adjustments, the company’s revenue and distribution will both keep rising.
Bhanu Chopra’s RateGain tackles the Covid 19 pandemic
Following the arrival of the Covid-19 pandemic, all travel was prohibited by the government. The travel industry was most affected. But because of Bhanu Chopra’s strong will and leadership, RateGain managed to survive this pandemic even in these trying times. and entirely centered on growth in the future.
Bhanu Chopra became Founder of the Year
The influence of Bhanu Chopra’s contributions was not limited to the RateGain organization. When he received the “Founder of the Year” award from Entrepreneur India magazine, everyone recognized his accomplishments. The travel industry has seen significant changes as a result of Bhanu Chopra ji’s work, and it is currently publishing new growth stories.
Bhanu Chopra invests in startup
Every day, Bhanu Chopra makes investments in innovative and young Indian startups. Similar to how they have altered the travel industry, startups are new businesses that understand problems in other industries and create solutions for them. Bhanu Chopra funds these early-stage businesses. Bhanu Chopra is the director of RedDoorz, a hospitality company located in Singapore. He mentors nascent ventures with his expertise.
Bhanu Chopra bought a house worth Rs 127 crores
Every one of us wants a house of our own. This was Bhanu Chopra’s wish as well. However, he has recently added a new chapter to his success story by paying Rs. 127.05 crores to purchase an opulent bungalow on Delhi’s Golf Link Road. Due to this accomplishment, his company RateGain’s market capitalization, or how large the company is in the market, is currently Rs 6750 crore.
In the end, Bhanu Chopra recognized the market’s pain points and founded a prosperous business similar to RateGain. In addition to being a successful businessman, his devotion, perseverance, and hard work have made him a visionary who has made a lasting impact on the travel technology industry. Everyone who aspires to launch a new startup can find inspiration and guidance in Bhanu Chopra’s story.
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