** Description:**Join us on BlitzBusiness as we sit down with Devanshi, a dynamic entrepreneur who transitioned from a successful corporate career to conquer the competitive world of hospitality. Devanshi shares her inspiring journey, from her roots in Lucknow to building a thriving hospitality business in Bengaluru.**Key Moments & Timestamps:*** **00:00** - Introduction to Devanshi and her background.* **00:12** - Devanshi shares her journey from Lucknow to Bangalore and her corporate job.* **00:25** - The decision to start her own hospitality company, Tripgo Hospitality.* **00:41** - Discussing her love for pets and pet-friendly restaurant spaces.* **00:49** - What drew Devanshi into the hospitality industry.* **00:57** - Her previous experience in the EdTech and development sectors.* **01:23** - Why Bangalore's F&B culture inspired her to enter hospitality.* **01:40** - The initial exploration and research phase before starting her restaurant.* **02:20** - Acknowledging the challenges in the restaurant business.* **02:32** - Diving deeper into her experience in the EdTech industry.* **03:30** - How she got started in the current hospitality space.* **03:59** - Top 3 crucial things aspiring restaurateurs should know.* **06:06** - The importance of understanding licenses and permissions in hospitality.* **07:17** - The significance of having a good financial runway for a restaurant.* **09:15** - Hidden costs and considerations when creating a business plan.* **10:30** - The variations in licensing and "under the table" costs across states.* **11:46** - Discussion on various restaurant formats and their profitability.* **12:13** - Comparing the risk and profitability of different F&B formats.* **12:30** - Challenges and advantages of cafes vs. bars.* **13:08** - Highlighting opportunities in markets with less competition.* **13:36** - The importance of location specificity in India's F&B industry.* **14:38** - The challenge of acquiring liquor licenses and potential solutions.* **15:10** - Advantages of buying a property with existing licenses.* **16:05** - Understanding the deposit and rental costs for liquor licenses in Karnataka.* **18:31** - The concept of BYOB (Bring Your Own Bottle) and licensing requirements.* **21:12** - How BYOB formats generate revenue from food.* **21:28** - Why cloud kitchens are not as profitable for new entrants.* **22:58** - Devanshi's current hospitality ventures.* **26:10** - Identifying the most profitable format among her current businesses.* **27:26** - Why cloud kitchens may not be a great business for new entrepreneurs.* **28:56** - Cloud kitchens as an additional revenue stream for existing businesses.* **29:30** - The strategy behind restaurants running cloud kitchens from the same location.* **30:15** - Funding options for hospitality businesses in India.* **30:30** - Venture Capital interest in new restaurant formats.* **30:57** - The common misconception that leads to high failure rates in hospitality.* **31:41** - Why almost everyone dreams of opening a cafe or restaurant.* **32:26** - The importance of strong expertise in niche industries vs. hospitality.* **33:37** - Devanshi's top 3 favorite Pan-India restaurants.* **35:45** - Why she admires Booji Cafe from both customer and business perspectives.* **37:46** - The enduring appeal and success of The Big Chill Cafe in Delhi.* **39:41** - The importance of effective marketing, especially on Zomato.* **40:53** - Key takeaways and lessons Devanshi wished she knew earlier about marketing.* **42:40** - Her final advice for aspiring entrepreneurs in the hospitality sector.

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Podcast by Ashish Airon 🎙️ on BlitzBusiness Indian Podcast 🇮🇳. India's top business podcast, startup podcast, and entrepreneur podcast. 🚀Follow, like ❤️, and subscribe 🔔 to stay updated! 📢

Title:

India's EV Battery Revolution: Inside Neuron's Journey & The Future of Mobility

Description:

Welcome to Blitz Business! In this insightful episode, we sit down with Pratik, Co-founder of Neuron, to deep dive into the rapidly evolving Electric Vehicle (EV) battery landscape in India.

Pratik shares Neuron's journey, from his background in finance and real estate to discovering the immense potential in the EV battery space. We discuss the current state of EV adoption in India, focusing on the impressive growth of two-wheelers and three-wheelers, and the emerging four-wheeler segment.

Gain valuable insights into:

• The current manufacturing scenario for EV batteries in India.
• How Neuron designs its battery packs and manages its supply chain.
• The economics of EV batteries, including replacement costs and decreasing cell prices.
• Neuron's fundraising journey, including details of their recent rounds and future plans for expansion, including a new factory in Pune.
• The crucial role of service networks and overcoming supply chain challenges in this nascent but booming industry.
• The environmental impact of EVs and the shift towards cleaner energy sources like solar.
• Exciting future technologies like Sodium-ion and Solid-state batteries.
• Opportunities for new players in the EV ecosystem, particularly in battery recycling.

Don't forget to like this video, subscribe to Blitz Business for more insightful discussions, and hit the notification bell! Share your thoughts and questions in the comments below!

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Key Moments & Timestamps (Video Length: 23:53):

• 0:00 - Introduction to Pratik and Neuron
• 0:14 - Pratik's professional journey and how he entered the EV battery space
• 1:23 - Current battery manufacturing situation in India
• 1:33 - Growth of Electric Two-wheelers and Three-wheelers in India
• 2:10 - Growth in Electric Three-wheelers and Four-wheelers
• 2:22 - Increasing penetration of EV mobility in India
• 2:33 - Neuron's product offerings: Batteries for Electric Mobility & Energy Storage
• 2:52 - Neuron's supply chain and battery manufacturing process
• 3:26 - Impact of cab aggregator issues on Neuron's business
• 3:45 - Neuron's client segments: OEMs, Fleet Operators, and Retail
• 4:33 - Economics of EV batteries: Replacement cost and battery lifespan
• 5:35 - Lithium-ion vs. Lead-acid batteries: Differences and advantages
• 6:32 - Decreasing battery costs and impact on EV adoption
• 7:14 - Neuron's fundraising journey: Seed and Series A rounds
• 8:15 - Utilization of raised capital: Working capital and factory setup
• 8:53 - Payment terms and credit cycles with OEMs
• 9:17 - Biggest challenges in the EV battery business (SCM & Service Network)
• 10:11 - Future technologies: Sodium-ion and Solid-state batteries
• 10:44 - Neuron's R&D team and its objectives
• 11:25 - Reasons for slower growth of four-wheelers compared to two-wheelers
• 12:35 - Future infrastructure development for four-wheelers
• 12:57 - Impact of monsoon on EV batteries and climate change
• 13:42 - Environmental benefits of Lithium-ion battery manufacturing
• 14:19 - Shift from thermal to solar power in India for cleaner energy
• 15:09 - Battery Energy Storage Systems (BESS) and grid neutrality
• 16:20 - Pratik's transition from real estate to the EV industry
• 17:45 - The evolving nature of the EV ecosystem and future opportunities
• 18:48 - Current market trends and sales in the EV space
• 19:12 - Neuron's future plans: Factory launch and revenue projections
• 20:10 - Gross margins in storage vs. mobility space
• 20:51 - Opportunities for new players in the EV industry, especially recycling
• 22:39 - Neuron's plans for entering the four-wheeler segment
• 23:25 - Concluding remarks

#EVBatteries #ElectricVehicles #IndiaEV #Neuron #StartupIndia #ElectricMobility #BatteryTechnology