Building India's most loved chai chain
Description
In this episode, Deepak Gaur (Partner, Elevation Capital) speaks to Nitin Saluja (Co-Founder & CEO, Chaayos) on his journey of building Chaayos, India’s most loved & largest tea cafe chain.
Nitin started Chaayos in 2012 with the core insight that getting consistently good quality tea outside home in a hygienic environment was a regular struggle for consumers. While a bunch of organized players had started entering India with coffee as the primary beverage, tea is the beverage of choice for India, and therefore starting a tea-cafe chain felt obvious to him back then. With a focus on supreme quality, and by keeping personalization at its core, Chaayos has found fantastic consumer acceptance, and the company has now scaled to 200+ outlets across 6 cities in India. By leveraging technology across the value chain, from delivering consistently personalized chai across outlets through Chai Bots to building a very sophisticated loyalty engine & measuring retention cohorts in an offline business, Chaayos is demonstrating how new-age QSRs can be built out of India.
Listen to Nitin as he talks about Chaayos’ genesis, early journey, scaling up, and dreaming big. Nitin also covers the framework he used to narrow down the problem statement, his experiments to achieve PMF, the depth-first approach to outlet expansion, and building the right team.
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