Do this business from your empty flat, earn 70 thousand rupees a month
The beginning of such a company- Satvico’s product based business started with an investment of 20 lakhs. To keep this to a minimum, the company initially focused on quality checks and RNDs by outsourcing manufacturing. But doing vendor based production has not been easy either. This also became the main challenge of the companies.
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15 crore income Satvico has also raised $1 million in pre-series A funding to scale up its business. The company has earned Rs 18 crore in its journey of 1.5 years and it is also aiming to reach 30 crore by next year.
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hit idea- Satviko prepares healthy snacks like Khakhra, Makhane, Guna-gram and Flaxseed in a sattvik manner. After making this food necessary for the body tasty, then they are launched in the market as packaged snacks. The specialty of Satvico is that it packs the products in small sizes, which makes it easy to carry and eat. The company has currently launched 7 types of products in the market and considers this range as its strength.
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Several steps taken to increase the reach- For Satvico, building a network with retailers and distributors is an important part of the business as it is through these channels that the bulk of the sales come. Along with this, products are also displayed in cafeterias, hotels and vending machines. At present, Satvico also sells its products in collaboration with Taj Hotels and SpiceJet. Along with this, Satviko is delivering its products to the customers on its website and online platform through Amazon.
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Tags: how to earn money, New Business Idea