Lost ₹2 crore, but built ₹1,650 crore business: Prasad Chalavadi

Prasad Chalavadi, founder of Kalamandir, shared how an early venture taught him the importance of systems over individuals. While the initial loss was heavy, it forced him to implement strict SOPs and backward integration. This allowed him to scale his business 165 times, proving that professionalising the unorganised sector was the key to a ₹1,650 crore turnover.