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Success and progress not confined to investment, affirms Tewari Group

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As we approach the end of a year that has been overshadowed by a pandemic which has forced a number of startups to rethink their way forward, there are a few inspiring stories that one can look up to at a time where young entrepreneurs are struggling to adapt to the new normal. One such story originates from the nation’s capital, New Delhi. The Tewari Group has been 5 years in the making, with the inception of SportVolt as the initial spark. SportVolt was founded by Kshitij Tewari in 2016, with a vision to transform India into a sports superpower. ‘The aim was to focus on the grassroots level and identify and harness the talent that is currently overlooked’ says Mr. Tewari. In a time where tech-based startups seem to be investors’ primary choice, Kshitij was turned down by multiple outlets before finally deciding to go ahead with the project based off a small family loan of 500 USD. SportVolt has been a profitable enterprise since the year of its inception with a projected revenue of 3 Million USD in FY20-21 and has already closed a revenue of 1 Million USD in the first two quarter. 

When the time came to expand operations, Kshitij and his team, under the guidance of his father Col Prakash Tewari, an army veteran and a UNESCO awardee, realized that their momentum couldn’t stop with just sports.. This realization led to the incorporation of RushKash Private Limited an organization dedicated to trading in locally sourced products and promoting indigenous industries. ‘We wanted to take the same sentiment and work ethic and leverage our grassroots network to identify and promote industries with local ownerships’ says Mr. Raghav Sharma, Director at RushKash. The two ventures have since seen some additions to their respective portfolios. SportVolt has diversified operations and entered the healthcare, manpower and capacity building sectors. ‘With a core competency in personnel training, manpower and capacity building seemed like an obvious choice. And being involved with sports and wellness, healthcare was a sector we always had an inkling towards’ says Kshitij. RushKash has also recently seen the addition of realty services been brought into the fold.

At the beginning of 2020, Kshitij was all set to lead his team into a new phase of expansion with plans to enter the defence sector. Those plans were however derailed by the COVID crisis. The team decided to regroup and build a new strategy around the guidelines and challenges that all businesses in their position were facing. This has brought the team of young entrepreneurs to consolidate all their operations and outlets under the umbrella of Tewari Enterprises, with Col Prakash Tewari at the helm. Soon enough SVdefence came to fruition and is now making headway in GIS and GPS based tech and bulletproofing solutions. ‘Our aim through the Tewari Group is to consolidate all our operations and have them working in synchronicity and deliver bundled experiences as opposed to a single point deliverable’ states Col Tewari, who has previously served as the Executive Director – CSR for DLF Ltd, prior to which he had served in similar roles at Jindal Steel and Power and Tata Power Company.

Exciting times surely to lie ahead for the Tewari Group and it will be interesting to see how a venture that started with zero outside investment can push the boundaries and defy the old norm of seeking investment as the only means of growth.


(Syndicated press content is neither written, edited or endorsed by ED Times)


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