“I think about 70, 80% of people who are part of that, ah, actually come from within the system, which is a, which is something that we are very proud of.”
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More from Raghav Verma
AssertionNot checkable as stated
Zomato and Swiggy reported Chaayos retention is unheard of
“We hear from Zomato and Swiggy that the kind of repeat behaviors and retentions that we have for this business is pretty much unheard of in, in in any kind of delivery space.”
Raghav VermaAug 22, 2023▶ 29:11Aspiring India, What Indians LOVE & How Chaayos Began! ft. Chaayos Founder Raghav Verma | Neon Show
Opinion
Verma: Indians work much harder and hold higher aspirations than Americans
“The kind of level of hard work that you see in, in the Indian context versus say a developed economy. I can safely say that compared to my time in the US also, people, people work much harder. People have, Much, much higher aspiration.”
Raghav VermaAug 22, 2023▶ 39:19Aspiring India, What Indians LOVE & How Chaayos Began! ft. Chaayos Founder Raghav Verma | Neon Show
Insight
Combining value for money with aspiration is the only way to scale
“Value for money with the right aspiration, that's the key to That's the key to India, right? There is no other way to scale. Either if you're too expensive and you're aspirational, then you will be catering to a niche set of customers. If you are too, if your …”
Raghav VermaAug 22, 2023▶ 56:47Aspiring India, What Indians LOVE & How Chaayos Began! ft. Chaayos Founder Raghav Verma | Neon Show
Disclosure
Raghav Verma: Food accounts for almost half of Chaayos's revenue
“It's almost like half our revenues come from food”
Raghav VermaAug 22, 2023▶ 23:30Aspiring India, What Indians LOVE & How Chaayos Began! ft. Chaayos Founder Raghav Verma | Neon Show
Opinion
Verma: A Starbucks-scale chain in India must be built around chai
“What Chai is to India, Is what coffee is to the West. So if there ever is to become a Starbucks like brand in the country, it would have to be around chai.”
Raghav VermaAug 22, 2023▶ 32:27Aspiring India, What Indians LOVE & How Chaayos Began! ft. Chaayos Founder Raghav Verma | Neon Show
Insight
Verma: Offline startups should penetrate one catchment deeply before expanding
“I think if there is a possibility to go deep, we should only go deep. Like I was studying a friend of mine, he used to lead marketing for us. He's actually running a startup, which is in like a domestic health space. I told him if it's possible for you to just…”
Raghav VermaAug 22, 2023▶ 35:34Aspiring India, What Indians LOVE & How Chaayos Began! ft. Chaayos Founder Raghav Verma | Neon Show
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