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Viraj Bahl

From Wikipedia, the free encyclopedia
Viraj Bahl
Alma materSingapore Polytechnic
OccupationEntrepreneur
Organization(s)Founder and Managing Director of VRB Consumer Products Pvt. Ltd. (Veeba)
Children2

Viraj Bahl is an Indian entrepreneur and the founder and managing director of VRB Consumer Products Pvt. Ltd. (Veeba),[1][2] a company that manufactures and distributes sauces and condiments.[3] In 2019, he was featured in The Economic Times 40 Under 40 list.[4]

Early life

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Viraj Bahl was born in India to Rajiv and Vibha Bahl and attended Delhi Public School, R. K. Puram, New Delhi. He later moved to Singapore, where he earned a degree in Industrial Engineering from Singapore Polytechnic.[5]

Career

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After graduating in 2002, Viraj Bahl began his career as a second engineer with Maersk, where he worked on oil rigs and merchant navy ships. He later returned to India to join the family business.[1]

In 2009, Bahl founded Pocketful Restaurants, but the venture was closed in 2013 after four years of operation. In the same year, he founded Veeba, initially as a B2B supplier of condiments to QSR such as Domino's, Pizza Hut, and Burger King.[6] Veeba later expanded into the retail market with products like ketchup, mayonnaise, and salad dressings.[7] In 2014, Bahl raised ₹3 crore for Veeba at a valuation of ₹105 crore.[8] By FY24, the company reported revenues of ₹1,000 crore[9] and expanded its operations to include 85 stock-keeping units in 700 cities.[10] Under his leadership, the company introduced another product, Tasty Pixel,[11] in 2024 and expanded into the Chinese and pan-Asian sauces and dressings segment with the launch of its new brand, WokTok.[12][13]

Television

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In 2024, Bahl joined the judging panel of the entrepreneurial reality show, Shark Tank India.[14][15][16]

References

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  1. ^ a b "Appetite, Food And Hunger: Is There More To Veeba's Secret Sauce?". Forbes India. Retrieved 2024-12-26.
  2. ^ "Interview: Viraj Bahl, founder & managing director, Veeba". Financialexpress. 2023-09-27. Retrieved 2024-12-26.
  3. ^ "Sauce is the unsung hero of the Indian food industry, says Veeba founder". The Times of India. 2019-07-18. ISSN 0971-8257. Retrieved 2024-12-26.
  4. ^ "Winners 2019 - 40 under Forty: Celebrating Young Leaders". The Economic Times. Retrieved 2024-12-26.
  5. ^ "Meet man, whose fulfilled father's condition, still his father sold family business, he sold his house, built business of Rs…". www.india.com. Retrieved 2024-12-26.
  6. ^ "The Story Of Veeba & Viraj Bahl: The Maker Of Sauces". www.timesnownews.com. Retrieved 2024-12-26.
  7. ^ Naidu, Pavan. "Meet man who failed in his restaurant business, sold house to fund new startup, built Rs 811 crore company, he is…". DNA India. Retrieved 2024-12-26.
  8. ^ Kashyap, Hemant (2022-09-16). "D2C Founders Should Enter Food Retail Only If They Have Deep Pockets: Veeba's Viraj Bahl". Inc42 Media. Retrieved 2024-12-26.
  9. ^ www.ETRetail.com. "Veeba founder on building a Rs 1,000 cr co, profitability, and more - ET Retail". ETRetail.com. Retrieved 2024-12-26.
  10. ^ Pushkarna, Akshit (2024-08-08). "Failed Restaurant Business Propelled Inception Of INR 1K Cr Veeba: Founder Bahl". Inc42 Media. Retrieved 2024-12-26.
  11. ^ "Veeba's Tasty Pixel has joined the Rs 100 crore club: VRB founder Viraj Bahl - Exchange4media". exchange4media. 2024-09-24. Retrieved 2024-12-26.
  12. ^ "We Are Getting Our Act Together In Quick Commerce: Veeba's Viraj Bahl". Outlook Business. 2024-10-21. Retrieved 2024-12-26.
  13. ^ "WokTok to generate 8-9% of VRB's overall revenue by FY27, says Veeba's Viraj Bahl". www.storyboard18.com. Retrieved 2024-12-26.
  14. ^ "Shark Tank India makers reacts to kicking out Zomato CEO Deepinder Goyal from the reality show: 'One needs to understand that we have...'". Firstpost. 2024-12-12. Retrieved 2024-12-26.
  15. ^ Vishwakarma, Sumit. "Veeba's founder Viraj Bahl joins Shark Tank India Season 4 panel". indianstartupnews.com. Retrieved 2024-12-26.
  16. ^ Upadhyaya, Ananya (2024-12-10). "Veeba Foods' Viraj Bahl Joins Shark Tank India". Inc42 Media. Retrieved 2024-12-26.