Hearing to Mr Yeshwanth Nag Mocherla, Founder of The ThickShake Factory as a part of Impresario series by IITJ !!
The ThickShake Factory is a Hyderabad based brand. In a session organized by IITJ, with its founder, Mr. Yeshwanth Nag Mocherla , we got to hear a lot of important things about the Entrepreneurship and Business tactics. Here's a brief excerpt of our understanding of the session, Mr. Mocherla said that during the COVID times, the Sales condition was terrible as the Sales went down during March, April, and May. During Pre-COVID, the offline sales which were 70%, Post - COVID, it became 30% of what it was earlier. Post-COVID, for online channels, 110% levels recovered. In the Retail Industry, the major brands in Business are Reliance, Aditya Birla, Dominos, TATA, etc., they make up to be billion-dollar and 10 billion dollar companies. He further said that his company was one of those which started from zero capital and raised further. At that time, only 2-3 companies made an impact. Mr. Mocheralla shared his delight with the students and his audience that from a "Restaurant Pl...