Interview with Rahul Rane, Co-Founder - MegaVenues

MegaVenues is India's first marketplace for event venues. MegaVenues hosts all the information needed to select the perfect venue for a number of occasions like weddings, private parties, get togethers, conferences, meetings, trainings, shows, promotional or any other events.

#-Link-Snipped-# was founded by Rahul Rane and Shrinivas Chaphalkar in 2013.

In an exclusive interview with CrazyEngineers.com, Rahul talks about MegaVenues, Shrinivas Chaphalkar, his team at MegaVenues, his learning lessons, his business idea and a lot more. Rahul also discusses about entrepreneurship, expansion plans of MegaVenues and a lot more.

Please read the following interview to know Rahul's advice for first-time entrepreneurs!

RahulRane-MegaVenues-CrazyEngineers1 ​

1. Hi Rahul. Could you please give us a brief overview of MegaVenues?


Rahul: MegaVenues.com is a marketplace for event venues that allows venue owners to list their properties i.e. banquet halls, open air venues, meeting and conference rooms, wedding and reception venues, art galleries and enables users to search and connect to venues instantly.

Personal and Corporate Event Planning is a billion dollar industry worldwide. We are targeting the most critical aspect of event planning i.e selecting the perfect venue and providing all the tools necessary to make the most educated choice.

2. How did you get in touch with Shrinivas Chaphalkar, your co-founder at MegaVenues?

Rahul: Shrinivas and I went to the same Junior college . After that we went to different engineering colleges, worked for different companies, but were always in touch. The idea for Megavenues hatched last year when we were planning a party for one of our friends and could not get all the information we needed to select the venue on any single website.

RahulRane-MegaVenues-CrazyEngineers2​

3. Looking back, what is one thing you wish you understood about entrepreneurship before you ever got started?


Rahul:

Its not merely a professional journey, your personal life, connections with family, friends everything changes forever.
4. What is the best business idea you have that you will never use? Why?

Rahul: The best or the worst. πŸ˜€ Well the best ones are always in pipeline. You never know which one will hit and consume you.
But still if you want one, how about a company where you bring in your geared vehicle, and it gives you back your vehicle with an auto transmission the next morning.

5. How do you think being an entrepreneur has turned you into a better person?

Rahul: Creating something, growing it and seeing your Idea make a change to the world has an in-explainable "high" to it. It puts you at peace internally. I guess being at peace internally is a start to being a better person, so yes it has i think.

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RahulRane-MegaVenues-CrazyEngineers4 RahulRane-MegaVenues-CrazyEngineers6
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6. Where do you MegaVenues five years down the lane? What are your expansion plans?

Rahul: Five years down the line - anyone in the world starts planning a party, wedding, personal or corporate event, we want the first thing that comes to their mind to be Megaveneus.com
Expansion plans : We are a 11 month old venture and have already expanded into 8 cities with our next city going live in 2 weeks. 7 more Indian cities would be going live in the next few months.
We are lined up for a launch in US in 2015.

7. If you could offer a first-time entrepreneur only one piece of advice, what would it be?

Rahul:
Initial exuberance is nice, but the real deal is persevering.
8. In the few minutes that I have been talking with you, what are your impressions of me?

Rahul: I think you are doing an excellent job connecting and motivating the engineer's community. We need more people like you.

9. Thank you for your time. Any message for our readers?

Rahul: Do check out Megavenues.com and let us know your thoughts on how we can make it better.
RahulRane-MegaVenues-CrazyEngineers5​

Replies

  • Dhananjay Harkare
    Dhananjay Harkare
    Great! Simple yet effective answers! Reading about expansion plans shows how confident he is.
  • Ankita Katdare
    Ankita Katdare
    We are a 11 month old venture and have already expanded into 8 cities with our next city going live in 2 weeks.
    That's amazing! πŸ˜€ If you are reading this, we would like to know what is the secret behind such fast expansion? Is it the team? Is it the motivation?
    You guys are doing a wonderful job.
  • Rahul Rane
    Rahul Rane
    Ankita Katdare
    That's amazing! πŸ˜€ If you are reading this, we would like to know what is the secret behind such fast expansion? Is it the team? Is it the motivation?
    You guys are doing a wonderful job.
    Thanks Ankita.
    Its mainly the intent to disrupt the tedious process of event planning. Also the response we get from both ends of our marketplace motivates immensely. Having said all this, yes, we have been fortunate to attract a really talented team that continues to work relentlessly, passionately and with a lot of accountability.
    We are continuously striving towards building a workplace and culture where the most talented want to come and work, and that reflects in our product and growth.
  • Kaustubh Katdare
    Kaustubh Katdare
    Very good to have you with us, #-Link-Snipped-# . Wishing you and your team all the success! πŸ˜€
  • Rahul Rane
    Rahul Rane
    Kaustubh Katdare
    Very good to have you with us, #-Link-Snipped-# . Wishing you and your team all the success! πŸ˜€
    thank Kaustubh, its a pleasure to connect to the community here too πŸ˜€
  • DADISETTY GOVIND
    DADISETTY GOVIND
    to be sucessfull,u should grow like google connect like facebook post like twitter.

You are reading an archived discussion.

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