Success Story of Bhanu Chopra: One name is shining brightly in the changing world of travel technology and that is Bhanu Chopra. Bhanu Chopra’s story of understanding a real problem in the travel technology market and turning it into a successful business continues to inspire.
Bhanu Chopra is aware of the problems of the travel market.
Bhanu Chopra The business journey begins in the year 2004. In 2004 when he Deloitte Like he was working as a consultant in a big company. Due to this, he continued to visit countries like America and Europe. It was during this upheaval that he discovered a lack of market. He thought that there was no platform in the market that could compare the price of travel in one place. And this is where his business idea was born and he later named it RateGain.
Bhanu Chopra started Rate Gain Company.
What started as a simple idea to compare flight rates turned into a big business like RateGain. Facing all the difficulties of the startup world and having a strong vision, Bhanu Chopra ventured into the B2B sector. B2B stands for business-to-business, business that is not done directly with consumers but by providing services to other large businesses. Whereas startups nowadays start with great enthusiasm but fizzle out after some time. Bhanu Chopra made RateGain a profitable company in just one year.
Bhanu Chopra enlisted the help of big brands to move ahead
To date, the company has collaborated with major brands in the travel sector. Major brands in the travel industry such as SpiceJet, Travago and Expedia etc. Working with these major brands is proof of how Bhanu Chopra’s rate gain is on track to disrupt the travel industry. And these changes will continue to increase business distribution and revenue.
Bhanu Chopra’s rate gain is tackling the Covid-19 pandemic.
As the Covid-19 pandemic hit, the government imposed travel bans everywhere. The biggest impact was on the travel sector. But even in these difficult times, RateGain emerged from this pandemic due to Bhanu Chopra’s strong determination and leadership. And focused on future growth.
Bhanu Chopra became the founder of the year.
The impact of Bhanu Chopra’s work extended beyond the RateGain company. His achievements were recognized by all when Entrepreneur India magazine honored him with the “Founder of the Year” award. Due to the work of Bhanu Chopra ji, there were massive changes in the travel sector and the travel industry is writing new growth stories.
Bhanu Chopra invests in startups.
Bhanu Chopra invests in new and unique startups in India every day. As they have brought about changes in the travel sector, what are the startups, new companies that are understanding and solving problems in other sectors? Bhanu Chopra invests in such new startups. RedDoorz is a Singaporean hospitality company, Bhanu Chopra holds the position of director in this company. With his knowledge he guides new startups.
Bhanu Chopra bought a house worth Rs 127 crore.
It is a wish of all of us to have our own home. Bhanu Chopra also had the same wish. But in a new chapter in his success story, he recently bought a luxurious bungalow on Golf Links Road, Delhi for Rs 127.05 crore. With this success, the market cap of his company RateGain (i.e. how big is the company in the market) till date is Rs 6750 crore.
Eventually, Bhanu Chopra understood the market pain and built a successful company like RateGain. His dedication, hard work and commitment make him not only a successful entrepreneur but also a visionary who has left his mark in the field of travel technology throughout his career. Bhanu Chopra’s story is a guide and motivation for anyone who wants to start a new startup.
|Founder of RateGain
|Luxurious Bungalow on Links Road, Delhi Golf
|127.5 crores of Rs
|6.79 crores of Rs
|Date of Admission
|Delhi Golf Links Road
|Nature of property
|[Insert area size if available]
|Diplomats and other VIPs
|Year of stay
|RateGain was founded in 2004.
|Origin of RateGain
|Started as a price comparison website for consumers.
|Sector of rate gain
|Software as a Service (SaaS) for hospitality and travel
|Background of Bhanu
|Former consultant at Deloitte
|Traveled extensively between America and Europe.
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