An interview with Teja Chekuri, founding father of Full Stack Ventures and a worldwide entrepreneur
On this insightful interview, we communicate with Teja Chekuri, the visionary founding father of Full Stack Ventures and a outstanding world entrepreneur.
With a wealth of expertise in constructing profitable startups, Teja shares his journey, modern methods, and the driving forces behind his ventures.
His distinctive perspective on entrepreneurship presents precious classes for aspiring enterprise leaders navigating immediately’s dynamic panorama.
Are you able to share your journey from know-how entrepreneurship to the F&B {industry}? What motivated this transition?
Teja Chekuri: My entrepreneurial journey has consistently been fuelled by the drive for innovation and my dedication in the direction of crafting significant client experiences.
This evolution has been natural and deliberate that occurred over a interval. Whereas my basis in engineering and company management offered precious strategic frameworks, my ardour has at all times been fantastic culinary experiences.
The transition into F&B emerged organically from recognizing important market alternatives that aligned with my private passions.
With Ironhill, I recognized a transformative second in India’s beverage panorama—a rising appreciation for craft and authenticity that wasn’t being adequately addressed.
This enterprise grew to become my car for introducing refined craft beer tradition to the Indian client, primarily democratizing an expertise beforehand restricted to worldwide markets and accessible to world travellers solely.
Whereas this was the preliminary thought, I turned this technique the other way up by launching first in Tier 2 & Tier 3 cities of India.
The love and success we tasted rapidly moved us as much as Tier 1 cities like Bangalore and we at the moment are exploring different cities throughout the nation for a similar.
Equally, the Godavari Group emerged from recognizing that South Indian delicacies, regardless of its wealthy heritage, remained underrepresented within the broader culinary dialog. I noticed potential to raise these traditions whereas making them accessible to modern diners.
Add to this my love for conventional recipes from generational Telugu cuisines discovered a house in these ventures.
Throughout Godavari, UTK, Ishtaa and a few good additions to Ironhill, has ensured that Telugu delicacies finds a spot within the menu. What’s fascinating is how my know-how background accelerated our success in F&B.
The systematic method to scaling, data-driven resolution making, and innovation mindset transferred seamlessly throughout industries.
Each sectors finally revolve round fixing client issues and creating memorable experiences—the medium merely modified from digital interfaces to sensory ones.
This cross-industry perspective has confirmed invaluable, permitting my workforce and myself to deliver technological effectivity to conventional F&B operations whereas sustaining the authenticity that defines our culinary philosophy.
You’ve taken important dangers, such because the $18M acquisition of Dunkin’ franchises. What components do you think about when evaluating a possible funding or acquisition?
Teja Chekuri: As a enterprise, we constantly evolve with altering client preferences to keep up a aggressive edge. Strategic investments are a necessary a part of it.
These investments are primarily based on three key features—scalability, market demand, and long-term progress potential.
However past simply numbers and projections, I search for one thing deeper. Does the enterprise have an current market edge?
Does it have a powerful basis that may assist sustainable growth? Most significantly, who’s driving it ahead?
These questions have been the foundations quite the deciding components behind my enterprise selections and over time, I’ve discovered that a terrific concept is simply as sturdy because the individuals behind it.
One other issue is a dedicated, visionary workforce that may flip challenges into alternatives and concepts into profitable ventures.
That’s why I place lots of emphasis on the management—ardour, resilience, and the power to execute matter simply as a lot because the enterprise mannequin.
On the finish of the day, investing isn’t nearly monetary returns; it’s about backing one thing I actually imagine in and serving to it develop into its full potential.
Innovation is essential in any {industry}. How do you foster a tradition of innovation inside your restaurant chains and breweries?
Teja Chekuri: Sensible innovation evolves with client preferences whereas sustaining model identification. At Ironhill, we constantly experiment with craft beer types, premium elements, and immersive buyer experiences, the place each buyer of ours is aware of the craft beer we create and appreciates the magic behind the craft beer sharing a typical love for it.
For Godavari Group, the main target is on preserving genuine South Indian flavors whereas enhancing presentation and introducing trendy strategies the reason is, each expertise on the Godavari group ought to uphold the authenticity of the South Indian Flavours for which each and every chef of ours is educated for a similar, ensuring that the soul of genuine South India is imbibed within the dishes.
Encouraging groups to discover inventive concepts, staying up to date with {industry} developments, and embracing buyer suggestions are integral to fostering innovation.
With a various portfolio beneath Full Stack Ventures that features Ironhill India and the Godavari Group, how do you handle model identification and buyer expertise throughout completely different markets?
Teja Chekuri: Every model has a definite identification and sustaining that essence whereas adapting to completely different markets is the place the sport lies.
Overseeing completely different eating places in a number of nations, in a number of codecs throughout a number of cuisines has given me the chance to serve numerous audiences and capitalize on distinctive market alternatives.
Ironhill India is recognized for its premium craft beer and experiential atmosphere, whereas Godavari Group is dedicated to offering an genuine South Indian eating expertise.
We create consistency via wonderful model pointers, detailed employees induction and coaching, and high quality management mechanisms but in addition alter to native nuances.
The expertise has made me realise that adapting to completely different enterprise environments, poses its personal challenges but it surely additional helped me enhance my cross-cultural communication course of and workforce administration abilities.
By means of all of those, the constant badge of name identification that we preserve is our company tradition which incorporates inclusive work insurance policies, worldwide high quality requirements for the F&B served, SOPs that maintain the employees to the next customary and buyer centric design and perspective.
As an energetic investor in meals tech and FMCG startups, what qualities do you search for in a startup earlier than deciding to speculate?
Teja Chekuri: A very powerful issue is whether or not the startup is fixing an actual market drawback. Although scalability, operational effectivity, and model differentiation are additionally essential in figuring out long-term viability.
The above components are determined primarily based on how environment friendly each arm of the startup features, how conscious are the staff in regards to the model and the way the model voice is communicated in each motion that’s carried out be it in operational effectivity or the scope to scale a enterprise which requires promise in each motion.
Moreover, a powerful and passionate founding workforce that understands each enterprise operations and client expectations is important for sustainable progress.
Your ventures have a good time conventional Indian delicacies. How do you stability authenticity with innovation in your culinary choices?
Teja Chekuri: The cooking from my homeland — the deep, wealthy and scrumptious palate of Telugu delicacies — has at all times been one thing I revered and admired deeply. It’s private, essential, and preserving it has at all times been a ardour of mine.
In an age the place so many are tracing their cultural roots via meals, there’s a chance to showcase Telugu delicacies in an genuine but trendy method via our portfolio of manufacturers.
To me, that is an underappreciated delicacies that hasn’t been explored sufficient and needs to be acknowledged for the nuances it brings.
What units us aside is our relentless deal with authenticity. At our Indian retailers, we procure all spices immediately from the native areas of Andhra Pradesh — an intentional resolution that ensures every dish evokes the genuine taste of the locality.
That is what, I imagine, defines the Godavari expertise: conventional flavours, thoughtfully elevated and put along with genuine recipes which can be true to its roots.
On the Godavari Group, we stay rooted in traditional South Indian recipes, whereas introducing dishes like Bamma Gari Rasam and Ganguly Gobi Vepudu — each nostalgic and novel. We additionally attempt to maintain the presentation conventional including a contact of nostalgia to the dish.
At Ironhill, whereas craft beer is on the core, we discover seasonal infusions, experiment with creative pairings, and Telugu-inspired surprises like Mamsam vepudu, Gongura Rooster Roast, Ulavacharu Rooster biryani — every crafted to create a memorable and evolving expertise for our patrons.
What recommendation would you give to aspiring entrepreneurs trying to enter the F&B {industry}?
Teja Chekuri: Each outlet irrespective of which a part of the Meals & Beverage {industry} makes certain that each buyer leaves the outlet with a full abdomen and a smile on their face.
It’s that have that creates a long-lasting model identification. It’s not solely about serving a dish — it’s about making a reminiscence within the thoughts of the shopper.
Equally essential is the capability to adapt. They have to to have the ability to be open to new concepts within the F&B area — be it new menu developments, theme nights, beverage developments or experiential eating.
On this dynamic panorama, adaptability and customer-centricity would be the cornerstones of sustainable success.
Teja Chekuri’s insights illuminate the trail to entrepreneurial success, emphasizing resilience, adaptability, and a worldwide mindset.
His journey with Full Stack Ventures serves as an inspiration for future innovators, encouraging them to embrace challenges and pursue their visions with ardour and goal.
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