Krunal Raiyani, a Gujarat-based entrepreneur, has made a name for himself in the e-commerce industry. Despite humble beginnings, he has managed to create a thriving online business, FEMVY Company, with a reported turnover of Rs 10 crores.
From Dream to Reality
Raiyani’s journey began in Surat, where he was born into a family of jewelers. Despite financial challenges, he nurtured a dream of becoming an entrepreneur. With his unwavering dedication and a loan of Rs 2 lakh, he started his own business, making kurtis with a single machine.
“Everyone’s dream is to become rich. A person works hard all his life to earn money. Some people make a lot of progress at a young age. Nowadays the internet has become an easy way to make money in the form of home business e-commerce.”
Krunal Raiyani: A Leap of Faith into E-commerce
Raiyani’s breakthrough came when he ventured into the world of e-commerce. He started selling textiles and embroidery products online, tying up with e-commerce giants like Amazon, Flipkart, and Snapdeal. His business started with a turnover of Rs 3 million in 2015, which has now skyrocketed to a staggering Rs 100 million.
Krunal Raiyani: Building a Strong Team
A successful entrepreneur knows the importance of a dedicated team. Raiyani started his company with just two people. Today, FEMVY Company boasts a workforce of 100 employees. Raiyani believes in taking care of his employees, providing insurance, term plans, and assistance in case of medical emergencies.
“Today he is ready to help their employees in insurance, term plan, medical emergency and any kind of difficulty in family life.”
Survival During the Pandemic
The COVID-19 pandemic brought unprecedented challenges for businesses worldwide. However, Raiyani managed to keep his business afloat without laying off any of his employees. He even ensured that his employees received their full salaries from the company’s profit money.
Paying It Forward
Raiyani’s success story serves as an inspiration for aspiring entrepreneurs. He offers free training and guidance to those who wish to enter the e-commerce industry. He encourages them to believe in their capabilities and not let financial constraints deter them from pursuing their dreams.
“Everything can happen if morale is capable.”
Expansion Plans
Raiyani’s entrepreneurial journey has reached all the states of India, and he now has his sights set on international business. His company, which started as a two-person team, now employs 100 individuals. His story is a shining example of the “Vocal for Local” initiative.
Conclusion
Krunal Raiyani’s story is a testament to the power of dreams, hard work, and perseverance. Despite financial constraints and initial hardships, he managed to build a successful e-commerce business. His journey from zero to hero serves as an inspiration for aspiring entrepreneurs, proving that with determination and belief in oneself, anything is possible.
“Today, at the age of 24, I own a company with a turnover of Rs 100 million and want to do more in the field of e-commerce in the future.”
Krunal Raiyani’s success story is a beacon of hope for every budding entrepreneur. His journey proves that with hard work, determination, and a never-give-up attitude, one can achieve their dreams and make a mark in the world of business.
