Bhanu Chopra Success Story: In the rapidly evolving field of travel technology, one name stands out: Bhanu Chopra. The tale of Bhanu Chopra, who recognized the true issue facing the travel technology industry and successfully navigated it to become a profitable enterprise, never ceases to inspire.
Bhanu Chopra knows the problem of travel market
Bhanu Chopra started his professional career in business in 2004. When he worked as a consultant for a major company like Deloitte in 2004. Because of him, he carried on seeing locations like America and Europe. Amidst all of this effort, he became aware that there was no market. He thought that there was no platform on the market that could aggregate pricing comparisons for travel-related items in one place. This is also where he got the idea for his business, which he later dubbed RateGain.
Bhanu Chopra started Rate Gain 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 goal 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 considerable enthusiasm but eventually spread. In just a single year, Bhanu Chopra turned RateGain into a lucrative business.
Bhanu Chopra has teamed up with a big brand to move forward
The business has so far worked with some of the largest names in the tourism industry. Well-known travel industry names include Expedia, Tirvago, SpiceJet, and others. Working with these well-known companies is evidence that RateGain, founded by Bhanu Chopra, is poised to 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 start of the Kovid-19 pandemic, all travel is prohibited by government decree. The travel industry was most affected. But because of Bhanu Chopra’s determination and vision, RateGain managed to survive this pandemic even during these trying times. and totally committed to further expansion.
Bhanu Chopra became Founder of the Year
The influence of Bhanu Chopra’s contributions has extended well beyond RateGain. When Entrepreneur India magazine awarded him the “Founder of the Year” title, it acknowledged his accomplishments. The travel industry saw significant transformations as a result of Bhanu Chopra ji’s work, and it is currently writing a new chapter in its history of progress.
Bhanu Chopra invests in startups
Bhanu Chopra invests in fresh, original enterprises each time he visits India. Due to the changes they have brought about in the travel industry, new businesses are emerging that comprehend the issues facing other industries and are working to find solutions. Bhanu Chopra funds these early-stage businesses. Singapore-based RedDoorz is a hospitality company, and Bhanu Chopra serves as its director. He uses his expertise to mentor young businesses.
127 crore house taken by Bhanu Chopra
Every one of us wants a house of our own. This was Bhanu Chopra’s wish as well. However, he has lately added a new chapter to his success story by paying Rs. 127.05 crores to purchase an opulent mansion 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.
Eventually, Bhanu Chopra created a profitable business like RateGain after realizing the suffering of the industry. In addition to being a great businessman, he is also a visionary who has made a lasting impact on the travel technology industry over the course of his career thanks to his hard work, devotion, and dedication. The tale of Bhanu Chopra serves as inspiration and guidance for nascent enterprises worldwide.
|Founder of RateGain
|Luxurious bungalow at Delhi Golf’s Links Road
|Rs 127.5 crore
|Rs 6.79 crore
|Delhi Golf’s Links Road
|850 sq m
|Diplomats and other VIPs
|RateGain established in 2004
|Started as a price comparison website for consumers
|Software as a Service (SaaS) for hospitality and travel
|Former consultant at Deloitte
|Traveled extensively between the US and Europe
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