16.1 C
New Delhi
Wednesday, November 27, 2024

Inspiring Story of Vikas Nahar and Happilo, A brand that set to sell dry fruits and now Sponsoring IPL

Published:

Vikas Nahar, the founder of Happilo International Private Limited, has made a significant impact in the snack industry. With his vision of providing premium quality dried fruits and nuts to consumers, he has successfully established Happilo as one of the leading brands in India and across international markets.

Happilo sells dried fruits such as raisins, cranberries, and apricots, as well as nuts such as almonds, cashews, and pistachios. To meet the diverse needs of customers, these products are available in a variety of packaging options. The company also sells organic dried fruits and nuts, which are a healthier alternative to processed snacks.

Click here to buy India’s finest dry nuts from Happilo 

Click here to check their finest mixes

Buy their gifting ranger here 

Happilo sold more than 20 million packets in 2021, demonstrating its popularity, and is entering the IPL arena with the goal of reaching a larger consumer base, both in India and globally. Happilo has had associations with multiple sports leagues, and its decision to sponsor the IPL’s inaugural champions, the Rajasthan Royals, marks its first foray into the IPL.

Happilo has grown rapidly in recent years under the leadership of Vikas Nahar. The brand has expanded its reach to several countries in the Middle East, Europe, and the United States, and it is constantly expanding its global footprint. The company’s consistent emphasis on quality, innovation, and customer satisfaction has contributed to the development of a strong brand image and a loyal customer base.

Profits:

Happilo has consistently produced impressive financial results, with significant revenue and profit growth. The company’s effective marketing strategies and product differentiation have helped it to increase its market share and establish a strong position in the snack industry. Happilo International Private Limited’s operating revenue range for the fiscal year ending March 31, 2021, is INR 100 cr – 500 cr. Its EBITDA has increased by 1,858.72% year on year. Simultaneously, its book net worth has increased by 5,092.36%. The numbers show the exemplary success of the company. 

It is evident that Vikas Nahar’s vision and leadership have been instrumental in the success of Happilo. The brand’s product range, growth, and financial performance are a testament to the company’s strong foundation and its ability to deliver value to customers. As the snack industry continues to evolve, Happilo is well-positioned to capitalize on new opportunities and maintain its position as a leader in the industry. Nahar has claimed that for the next 4 years, their revenue target stands at 2,000 crores. In addition, they raised a funding round of 25 million dollars from Motilal Oswal Private Equity to further escalate the doors of success. 

Under Vikas Nahar’s leadership, the company has established itself as a premium brand, providing quality products and an exceptional customer experience. Happilo is well-positioned for future success, owing to its impressive growth and financial performance.

SnackTeam
SnackTeamhttps://snackfax.com
SnackTeam is a specialised group of editorial staff motivated to improve the lives of individuals and society. The team intends to bring the most authentic, well-researched and dependable content for you and your loved ones every day.
Subscribe to our Newsletter!

Stay updated on the latest news, trends, and top startups with Snackfax's daily newsletter!

Related articles

Recent articles