From Lights, Camera, Action to IMLY, Vivek Bhargava and His Gatronomic Journey Vivek talks about his foray into the hospitality industry and his future plans.

By Vivek Bhargava

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Having shot to fame after the recent launch of his train-themed restaurant IMLY in New Delhi, Vivek Bhargava, 27, Director and Co-Founder of Yuvi Hospitality Pvt. Ltd. is one of the emerging young entrepreneurs in the food and hospitality sector. His penchant knowledge of business and curiosity to expand the food industry is giving new dimensions to the F&B business. Vivek talks about his foray into the hospitality industry and his future plans.

Entering the Industry

After graduating from ITM University, I was certain of getting into the corporate business world. I worked with some of the best corporate houses including Sopra Group and Tricore Solutions. I worked with Google as a Database Administrator in their Chrome wing for over a year.

Having gained enough understanding of how the industry performs and what it demands, my entrepreneurial bend of mind wanted me to start something of my own.

Over the course of a few years, I started various startup firms like "FrislerInfotech Pvt Ltd' (a digital media, advertising and marketing agency which is into profile branding for celebrities), "Excuse Me Doctor' (EHR for doctors which is in beta testing), "Promon' (provides deals and coupons for restaurants and other local businesses and it is backed by Jarwis India Pvt Ltd) and "Sabko Shiksha Sabko Gyan' which is a non-profitable organisation based out of Indore and internally helps many non-profit organisations. But this was just the beginning.

Tech to Hospitality

I have often been questioned about my "Bachelors in Technology' degree and the contrasting work in the "Hospitality' industry. I always had an unexplainable love for food. Hence, while the technology-built of mind helped me with the understanding of the functioning of various sectors of the industry, the gastronomic inclination and a curiosity to try out something new brought me to the hospitality sector.

This was when I launched my first concept restaurant "Lights Camera Action' in New Delhi which has been loved by diners and critics alike. More recently, the launch of "Imly', a train-themed restaurant has been able to grab eyeballs and huge footfalls.

Yuvi Hospitality and Upcoming Ventures

We started Yuvi Hospitality Pvt. Ltd. in June 2015 with a paid- capital of Rs. 10 Crore. In less than a year's time, the company has been able to create a distinctive space for itself in the F&B segment.

Raising funds for a new start-up in India is a Herculean task. Investors won't just invest in your company because you ask for it. They would run a good scan of your team, the work profile, experience and the possible good returns for their investment. We were lucky that recently we were able to raise a humongous funding of Rs 100 Crore for our upcoming ventures.

A German-USA war themed restaurant 'Molecule' is to be launched very soon and our pan-India expansion is to follow immediately after that. Also, there are plans for expansion of the very successful "Imly' restaurant.

I have also partnered with four other hospitality companies as a Director to open premium single brand food concepts such as "Uncensored' and "Ab ki Bar' in the coming six months.

Relationship building

I owe my success to the goodwill that I have been able to get from people who I have worked with previously. These are people who know my working style, appreciate it and are ready to help me take risks. I think this is the basis for any new venture or initiative to work out well. The complete corporate sector works on the basis of this relationship building.

Vivek Bhargava

Co Founder, Yuvi Hospitality

Related Topics

Business News

Former Pediatrics Professor Donates $1 Billion, Makes Albert Einstein College of Medicine Tuition-Free

Dr. Ruth Gottesman's husband left her $1 billion in Berkshire Hathaway stock with the following instructions: "Do whatever you think is right with it."

News and Trends

Merak Ventures Invests USD 1.45 Mn in Agri-food Startup Farmtheory

The investment will enable Farmtheory to scale its operations, mainly focusing on expanding its supply arm.

News and Trends

Shadowfax Secures USD 100 Mn in Series E Led by TPG NewQuest

The Bengaluru-based startup aims to utilise the raised funds to reinforce its middle-mile network and extend its last-mile delivery services to cover all 20,000 pin codes across India.

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Social Media

With This LinkedIn Algorithm Change, Your Best Posts Could Reach New Readers for Years

It's one of many new features rolling out on the platform in 2024.

News and Trends

Renewables Energy Focused InSolare Raises INR 66 Cr Led by Negen Capital

The Bengaluru-based startup aims to use the raised funds to further improve its capabilities and accelerate its impact in the renewable energy sector.