Vikas D Nahar Success Story – Biography of Happilo Founder
Vikas D Nahar Biography & Success Story
Who is Vikas D Nahar?
India is known to be the land of intelligence and entrepreneurs. Almost every major company around the world is operated by the mind of Indians. Similarly, the Indian government is trying its level best to retail those brilliant minds and work for the country's economic growth. Did you know? As of GEM India Report 2021-22, India's entrepreneurial activity expanded in 2021. The total entrepreneurial activity rate was from ages 18-64. These new business people in our country have helped in the country's overall economic growth.
So, now we know how famous India is when it comes to entrepreneurship. Similarly, Vikas D Nahar is the co-founder and CEO of Happilo. This company along with Vikas D Nahar is the leading unit in the dry-fruit industry. Happilo offers healthy snacking options to consumers.
Vikas D Nahar comes from a farming family background that grew pepper and coffee. But, his mind and goal were only to become one of the best businessmen in the world. So, his company Happilo is currently doing quite well not only in the Indian market but, in the world market as well.
Vikas D Nahar Net Worth
Vikas D Nahar did not have a smooth beginning when he started his business back in 2016. Just like other businessmen, VIkas Nahar faced lots of ups and downs. He and his company struggled to penetrate the large Indian market.
So, earning a huge revenue or profit margin in a new and unknown market was surely not an easy task for Vikas. In one of his interviews, VIkas D Nahar revealed that he always listens to his heart for any decision he makes. Fortunately, one right decision that he listened changed his whole life.
Vikas also revealed that he was rejected more than twenty times to raise his first funding. This must be a terrible life journey for a man whose company now generates crores of revenue annually. Many sources have revealed that the estimated net worth of Vikas D Nahar is Rs 500 crore. Now, this value is just an estimation, the revenue or net worth is expanding daily for Vikas D Nahar. Today, Happilo has a strong e-commerce and retail presence across the country. Now, this strong base of Happilo's business model is helping Vikas D Nahar to become stronger and penetrate the Indian market easily.
Vikas D Nahar Early Life and Career
Early Life of Vikas D Nahar
As mentioned earlier, Vikas D Nahar comes from a very poor family. He is the proud son of a farmer who grew pepper and coffee. Ever since his childhood Vikas faced lots of hardships and had to struggle financially. His thoughts and working process were not like any other school kid in his school, they were highly unique and different. Vikas also revealed that during his childhood it was his father and brother who sown the seeds of entrepreneurship in him.
Vikas was always a bright student and he had the passion to learn something new every day. The everyday financial struggle changed his dream and goal during his childhood days. Now, his farming background gave Vikas a predisposition to entrepreneurship. In 2005, Vikas graduated from Bangalore University. He graduated studying a Bachelor of Science in Computer Application and started working for the Jain Group.
Career & Educational Qualifications of Vikas D Nahar
Interestingly, before joining the Jain Group, Vikas first gained experience working in his family business. During his work in the Jain Group, he learned quite a lot about how to conduct and operate business smoothly.
He got a clear on-ground idea of how business was operated in a reputed company. Vikas also understood how the hierarchy worked in a corporate environment. Before completing his further studies, he took a break from his MBA from Symbiosis International University. He joined Satvikk Specialty Foods as the Managing Director. Now, this job before his MBA changed his life decisions. His experiences in this company helped him establish Happilo.
Being appointed as the Managing Director at Satvikk Specialty Food helped Vikas into the food business. He helped Satvikk Specialty Food expand its product line. Vikas increased the number of products to 40 varieties of dry fruits, 60 varieties of spices, and more than 100 varieties of chocolates. Soon, the company began experiencing enormous profit margins because of the great step taken by Vikas D Nahar.
After finishing his studies, Vikas got back to his start-up, Happilo. This dry-fruit-selling company was born in 2016. Vikas already knew the Indian market as he had already worked for various companies. He knew what to manufacture, produce, and sell from his new business.
The first product that his business manufactured and sold was 'Trail Mix'. Interestingly, this product from Happilo became an instant hit in the Indian market. Now, some of the other most sold products are Happilo Premium Seedless Green Raisins, and Happilo Premium Natural Californian Almonds, This became the turning point for both Happilo and Vikas D Nahar. His company then started transporting hand-counted products and used small passenger autos to ship them.
Today, hand-counted products are shipped in 40-foot containers across the country. So, that is called an achievement that Vikas D Nahar has achieved. Today, Vikas D Nahar's company Happilo is India's leading gourmet healthy snacking brand. Interestingly, Happilo is also India's leading D2C brand in dried fruits, nuts, and healthy snacks.
Family & Background of Vikas D Nahar
Unfortunately, it seems like Vikas D Nahar is not very open when it comes to his family. We do know that he has his father and mother, and is a brother to one. Unfortunately, we do not know their real names and age. No genuine resources have covered that part of his life and remain unknown to us.
Fortunately, Vikas D Nahar is married to someone very beautiful and intelligent. Vikas DD Nahar met with his better half Sunita Bansal back in 2009. Eventually, after a few years of being in a relationship both of them got married on 2nd March 2014. The wedding was organized largely in his hometown and we are sure his father and mother were very much proud of him.
Interestingly, on 2nd March 2023, both Sunita and Vikas D Nahar will celebrate their 9th wedding anniversary. So, we can expect some surprising parties that will be held at the properties of Vikas and Sunita.
Lessons we can learn from Vikas D Nahar's success story
Vikas D Nahar is the man who turned his dreams into reality. If you are lazy and not motivated to work on your dreams then no one can help you.
This is the basic rule that Vikas D Nahar has followed his entire life and is still following. He believes he can grow and help grow his company more in the upcoming years. Now, this can only be possible when you have the willingness and motivation to work hard for your country and the company.
Some of the lessons that we can learn from Vikas D Nahar are the following:-
- Leadership qualities- One must have all the leadership qualities to become successful in life. Under the leadership of Vikas D Nahar, Happilo grew thrice its size, especially when it comes to the financial department.
- Efficiency- if you are efficient enough you will know what, when, and where to deliver your product and services. Similarly, Vikas reduced the un-needed cost and brought up smart research and development plans. Other than that, he also backed up many startup companies using the resources from his company.
- Authenticity- If you have a business manufacturing and selling products then authenticity is a must. The product and service sold by the company must be unique and genuine so that consumers are attracted.
Awards and Achievements for Vikas D Nahar
Here are some of the awards and achievements received by Vikas D Nahar:-
- ET Entrepreneur of the Year
- SIAL Innovation Awards
- Indian Achiever's Award
- Times 40 Under 40
Vikas D Nahar's special appearance on Shark Tank Season 2
Recently, India's famous show Shark Tank India revealed some exciting news to the audience. Shark Tank India released a promo video of the new shark Vikas D Nahar. Shark Tank India is set to welcome Vikas D Nahar as the new guest.
Shark Tank India is currently airing its second season in the country. We could expect Vikas D Nahar on the sets in the upcoming episode.
Interesting Facts About Vikas D Nahar
Here are some interesting facts related to Vikas D Nahar:-
- Vikas D Nahar completed his MBA from Symbiosis in the Centre of Management and Human Resource Development
- Vikas began his business journey with an initial capital of Rs 10,000 and with two team members only
- He can speak English, Kannada, Hindi, Spanish, and Marwari fluently
- Vikas is also an angel investor and has helped many startup companies in the country
- Vikas's father was his biggest inspiration and encouraged him to be fearless and persistent.