Raaghav Belavadi | Founder and CEO, Hype Luxury
- Raaghav is the Founder and Chief Executive Officer of Hype Luxury.
- He is a graduate of Mechanical Engineering.
Podcast
Overview
In an era where luxury mobility is rapidly evolving, Raaghav Belavadi, founder and CEO of Hype Luxury, shares his vision for the future of this industry. Drawing from personal experiences that highlighted gaps in the market, he established Hype Luxury to offer seamless access to high-end vehicles, yachts, and private jets. With a focus on exceptional customer experience and sustainable practices, Hype Luxury stands at the forefront of a changing landscape, catering to a diverse clientele seeking both convenience and luxury. As disposable incomes rise and travel becomes more accessible, Raaghav outlines the exciting trends shaping luxury mobility.
[00:37] – About Raaghav Belavadi
- Raaghav is the Founder and Chief Executive Officer of Hype Luxury.
- He is a graduate of Mechanical Engineering.
- Raaghav is a serial entrepreneur from Switzerland.
- He brings over 18 years of experience in business innovation, customer experience, and strategy.
[03:40] – How has the demand for luxury mobility services evolved in India over the past few years?
- Luxury has become more accessible to different societal segments, with growth driven by need (executives) and lifestyle (affluent individuals).
- The market has been growing at about 16% CAGR annually, reflecting rising demand for luxury services.
[13:47] – What role does technology play in your operations?
- Technology plays a crucial role in Hype Luxury’s operations, with AI-driven systems facilitating seamless customer experiences and backend management.
- We utilise tools that provide detailed customer profiles to ensure personalised service and operational efficiency.
[21:18] – What strategies have you used to bootstrap the company to profitability and on such a big scale?
- I bootstrapped Hype Luxury by leveraging my previous entrepreneurial experience and focusing on organic growth rather than seeking immediate VC funding.
- This approach allows for stability and a tactical growth strategy aligned with the luxury market’s unique demands.
RESOURCES:
Learn more about Raaghav Belavadi: LinkedIn
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Profile
- Raaghav is the Founder and Chief Executive Officer of Hype Luxury.
- He is a graduate of Mechanical Engineering.
- Raaghav is a serial entrepreneur from Switzerland.
- He brings over 18 years of experience in business innovation, customer experience, and strategy.
