25th July 2023, New Delhi: Serial entrepreneur and investor Saurabh Nanda is delighted to announce his plan to establish a platform that aims to support the budding startup founders of India. Adopting a similar incubator model to the Thrasio model, he aims to nurture and promote boutique brands.
The Thrasio model typically buys out companies once they have grown to a certain level, but Saurabh Nanda and his team set out to build companies from the ground up. The aggregator model that Saurabh Nanda and his team are developing is different from the conventional Thrasio model, it connects a large number of unorganised merchants to a single major site. Bitten Holding is a representation of this singular journey, starting from nothing and growing to Rs. 50 crore before handing the reins over to deserving institutions.
The mission is to empower many young people to become entrepreneurs by providing them with the resources and encouragement they need to launch their enterprises with a 95% success rate. The strategy coordinates their financial requirements, general management skill sets, marketing support, and sales networks to ensure they can progress without facing any setbacks.
While talking about the aggregator model, the Startup Mentor said, “The goal is to enable many young people to become entrepreneurs by giving them the tools and encouragement they need to start their businesses with a staggering 95% chance of success. To ensure they can advance without experiencing any setbacks, the strategy coordinates their financial requirements, general management skill sets, marketing support, and sales networks. An optional exit strategy is provided as they develop into well-known brands, enabling them to attract larger investment funds that are actively looking to invest in them.”
He envisions that the platform will help these brands create a powerful entity when they band together as a collective cooperative. The program’s core objectives centre around encouraging innovation and growth and creating a welcoming environment across various industries. Saurabh’s goal is to unite the power of 100 businesses, each hitting revenue milestones of 25 to 50 crores within the first one to three years. This coordinated effort resulted in the establishment of a sizable corporation with a budget of between 2500 and 5000 crore.
Saurabh Nanda is a co-founder and managing director for all of the businesses and startups with which he is involved. He has an MBA from the Goa Institute of Management and is committed to the development and expansion of these businesses. He also has various brands under his umbrella, such as Combonation, coloressence, nature essence, Nutki, Babiecorn, Debsm Asia, Bemisales media, luxelane, Fabuleux gifting solutions, Manestream, frootpaste, Scent %, Not coming soon, The Sillohuete Store, Be Aloud, Ondego, and La Perfe. Saurabh is working on an ambitious plan to establish a cutting-edge school of entrepreneurs to nurture and empower 101 aspiring business leaders in a short period of time. If you are a young professional with a path breaking business idea and execution capability or a parent wanting to set up their kids on a probable successful start up, come be a part of the biggest cooperative business start up revolution.
