In the heart of Rajasthan, a young visionary, Piyush Bhansali, embarked on a journey to revolutionize the wedding planning industry. Armed with a passion for creativity and an entrepreneurial spirit, Piyush founded Nakoda Events in 2012. What started as a humble venture with an investment of Rs 5 lakhs has now blossomed into a thriving enterprise with a turnover ranging between Rs 1 crore to Rs 5 crore.
Piyush’s entrepreneurial odyssey began at the age of 22 when, after a brief stint in the corporate finance sector, he took a leap of faith to pursue his dream. In a region with a scarcity of players in the wedding planning industry a decade ago, Piyush identified an untapped opportunity. Determined to make his mark, he founded Nakoda Events with a commitment to excellence and innovation.
Starting wasn’t easy – the initial hurdle was capital. Piyush’s first project was an exhibition aimed at generating funds for necessities like printing materials and setting up an office. While his family initially hesitated to support his decision to leave a stable job, Piyush’s dedication and hard work soon won them over. Within six months, the fruits of his labor spoke volumes, earning their trust and satisfaction.
Nakoda Events began by specializing in wedding planning, theme designs, décor, and flawless execution of clients’ dreams. Recognizing the potential in allied sectors, Piyush diversified the company’s portfolio. He ventured into photography and catering services, ensuring Nakoda Events became a one-stop destination for all wedding-related needs.
The company’s impact on the market is profound, influencing various sectors connected to weddings, such as fashion, food, venues, décor, and photography. Piyush’s knack for innovation and his dedication to surpassing client expectations became the USP of Nakoda Events, setting it apart from competitors.
Reflecting on his journey, Piyush credits his success to unwavering dedication, risk-taking ability, and a relentless pursuit of learning. He admires icons like Bill Gates and Aman Gupta, drawing inspiration from their resilience and steadfastness in achieving their goals.
The path to success wasn’t without obstacles. Family resistance, initial market competition, and the challenge of establishing a brand from scratch tested Piyush’s resolve. However, his determination to create something impactful kept him going. He emphasizes the importance of hard work, brand building, and perseverance, considering them vital lessons learned from his journey.
For aspiring entrepreneurs, Piyush advocates relentless dedication, a thirst for learning, and the courage to embrace failures as stepping stones to success. His advice is simple yet profound: “Never give up; learn from your mistakes and keep moving forward.”
Recognitions have followed Nakoda Events, with nominations in prestigious platforms like Entrepreneur India and Franchise India. Piyush was awarded the ‘Entrepreneur of the Year’ in wedding planning by Fusion Glory Awards, a testament to his unwavering commitment and innovative approach.
As Nakoda Events continues to flourish, Piyush aims to further expand its horizons. His vision includes opening branch offices in other states and venturing into additional sectors within the wedding industry, leveraging the vast potential for growth and establishing Nakoda Events as a household name nationwide.
Piyush Bhansali’s journey with Nakoda Events embodies the essence of entrepreneurship – a testament to passion, dedication, and a relentless pursuit of excellence. His story serves as an inspiration, showcasing that with determination and resilience, dreams can indeed turn into reality. Through Nakoda Events, Piyush has not just planned weddings; he has orchestrated dreams, turning them into cherished memories for a lifetime.
