Once sold snacks on cycle, now runs a Rs 4096 crore company, meet...
india-news Jul 22 2024
Author: Roshni Tamta Image Credits:Twitter
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Meet Bipin Hadvani
Bipin Hadvani is the founder, chairman, and managing director of Gopal Snacks Limited. His hard work and perseverance have led to his success despite multiple setbacks.
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Early life
Bipin's father had a small shop where he would make namkeens and sell them on a bicycle. Bipin also used to help him after school and gained tons of experience from that.
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Entrepreneurial journey
Bipin decided to start his own snack company and in 1990 he co-founded a snack business from Rs 4,500 by his father. After 4 years of partnership, Bipin parted ways.
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New business
From the Rs 2.5 lakh from his previous business, he bought a house with his wife Daxa and started his own snack company named Gopal Snacks.
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Understanding the market
They started making traditional snacks at their home and Bipin would sell them in the streets of Rajkot and talk to investors and develop a solid understanding of the local market.
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Finding success
After witnessing success, Bipin took a loan and established a small factory in the city which later turned out to be his best investment leading to colossal growth of the company.
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Market capitalization of Gopal Snacks
Bipin's hard work has paid off as his company is one of the largest manufacturers of traditional snacks in India and has a market evaluation of Rs 4096 crore.