Profile Summary:
- Director/Owner: Piyush Bhansali
- Organization: Nakoda Events
- Address: Kaylana Road, Near Kaylana Circle, Jodhpur (Raj.)
- Website: Nakoda Events Instagram
- Turnover: Rs 1 Cr to Rs 5 Cr; Starting capital: Rs 5 lakhs
- Current Age: 34; Age at Business Start:** 22
From the onset, Nakoda Events was more than just a business venture; it was a passion-driven pursuit to redefine the wedding planning and events landscape. Here’s a glimpse of the journey:
The Genesis
My journey as an entrepreneur commenced after a brief stint in the finance sector. The spark to create something unique in an underserved market led to Nakoda Events’ birth in 2012. With limited capital but an abundance of determination, the first milestone was a strategic exhibition to generate initial funds. Convincing my family about this shift wasn’t easy, but within six months, tangible results spoke volumes about the dedication and vision.
Evolution and Impact
Nakoda Events emerged as a pivotal player in the wedding planning domain, branching into diverse segments like photography and catering, foreseeing their immense potential. The impact extended beyond orchestrating weddings; it influenced connected sectors like fashion, hospitality, and more, contributing to local economies and fostering innovation.
Unique Proposition & Future Endeavors
Our uniqueness lies in a relentless pursuit of innovation, from groundbreaking themes to leveraging technology, setting us apart in a competitive landscape. Looking ahead, Nakoda Events envisions expanding across states, investing in related sectors, and enhancing client-centric services for greater reach and impact.
Personal Inspirations & Professional Struggles
Bill Gates and Aman Gupta serve as professional idols, inspiring perseverance and a steadfast commitment to goals. The initial family resistance and the scarcity of competitors were early hurdles, but they were catalysts for innovation and differentiation.
Key Learnings & Advice
The entrepreneurial journey taught invaluable lessons: the significance of resilience in the face of challenges, the power of client satisfaction, and the necessity of diversification for sustained growth. To budding entrepreneurs, I advocate relentless dedication, a thirst for learning, and swift adaptation to evolve and thrive.
Recognitions and Awards
Nakoda Events’ efforts have been recognized with nominations for Entrepreneur in Wedding Planning and Small Business by Entrepreneur India and Franchise India, respectively. Additionally, it received the prestigious Entrepreneur of the Year in Wedding Planning at the Fusion Glory Awards.
Nakoda Events’ success is a testament to the relentless pursuit of excellence, unwavering determination, and a commitment to transforming dreams into reality. The journey continues, promising to redefine milestones and create more magical moments in the world of events and celebrations.
