This ‘Chocolate boy’ began out with Rs five lakh and constructed a Rs 19 crore turnover commercial enterprise.
In 2013, Vinayak Lohokare, who became then simply 24 years old, began his first outlet of Café Chocolicious with a funding of Rs five lakh from a three hundred sq feet rented area in Pune. Managing the hole with a team of workers throughout the daytime, and spending the after workplace hours at the hole until past due night, the mechanical engineering graduate from MIT, Pune, determined to stop his process multiple years later endorsed via way of means of his spouse and started out to attention on his commercial enterprise complete time.
In 2013, Vinayak Lohokare, who was then simply twenty-four years old, started his 1st outlet of restaurant Chocolicious with an investment of Rs five, 100000 from a three hundred square measure rented house in Pune. Managing the outlet with two workers throughout the daytime, and defragment when workplace hours at the outlet until late night, the technology graduate from MIT, Pune, set to quit his job a few years later inspired by his better half and started to specialize in his business full time.
Today, Chocolicious has seventy franchise retailers settled in Telangana, Tamil Nadu, Andhra Pradesh, Karnataka, Rajasthan, and Gujarat, with an accumulative turnover of Rs fifteen crore.
He has conjointly launched Chicken Affair, an eatery chain with ten outlets and a current turnover of Rs four crore. We tend to were 3 siblings,” he says, sharing details concerning his family and early childhood. He worked in a very semi-private sugar manufacturing plant planning its machines for thirty years.
We tend couldn't pay a lot for an honest quality cup of low or delicious snacks throughout my college days in Pune. Not surprisingly, he started his 1st café in 2013 at Akurdi, Pune, around a school hub. However, diversifying his career from an engineering job to a food business was a large challenge. Vinayak finished his technology in 2010 and got employment through school placement within Continental Automotive, a German company producing motorcar spare elements in Pune.
Vinayak added another complete referred to as Chicken Affair to his food chain business. It started within the pre-pandemic year. The value varies at Chicken Affair is the same as Chocolicious. Once asked if his love for chocolate and desserts drives his entrepreneurial zeal, Vinayak says, “I was ne'er a chocolate person.
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