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Monday, May 20, 2024

Meet Krishnan Mahadevan, a businessman from Bengaluru who quit a lucrative position at Goldman Sachs to sell idli


<p>Due to the emergence of several startups over the last ten years, India has seen a boom in the entrepreneurial culture. While some entrepreneurs have built their firms from the ground up, many others quit their well-paying, stable employment to launch their ventures and grow them to be valued at Rs 1000 crore. Many of the new businesses were started by experts who abandoned their lucrative positions at large multinational corporations to pursue their entrepreneurial dreams. Today, we’ll discuss the inspiring tale of an Indian entrepreneur who quit his position at one of the largest corporations in the world to launch his own eatery in Bangalore.</p>
<p><img decoding=”async” class=”alignnone wp-image-505019″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-meet-krishnan-mahadevan-a-businessman-from-bengaluru-who-quit-a-lucrative-position.jpg” alt=”theindiaprint.com meet krishnan mahadevan a businessman from bengaluru who quit a lucrative position” width=”1045″ height=”784″ title=”Meet Krishnan Mahadevan, a businessman from Bengaluru who quit a lucrative position at Goldman Sachs to sell idli 9″></p>
<p>The person’s name is Krishnan Mahadevan, and he’s well-known in Bangalore’s Vihyan Nagar neighborhood for his idlis. Krishnan Mahadevan reportedly had an investment banking position at Goldman Sachs, a global financial institution. This young guy had to take care of his family’s company, Iyer Idly, therefore he quit his job with a package of lakhs of rupees.</p>
<p>His father launched the eatery in 2001, and it has become well-known for its mouthwatering hot idlis. Iyer Idly’s flavor has grown in popularity over the last 20 years, drawing customers from all across Bangalore to their store. The store, which is 20 by 10 square feet, is well-known across the city. Every day, a sizable crowd gathers here to enjoy reasonably priced Iyer Idly. This store reportedly sells more than 50,000 idlis each month.</p>
<p>At the moment, Krishnan and his mother are managing Iyer Idly’s inheritance jointly. The meals Vada, Kesari Bhaat, and Khara Bhaat have recently been added to the menu. The unique aspect is that Mahadevan Krishnan assisted his parents in their company long before he was hired. However, he and his mother were left to handle the burden of running the family company after the death of their father in 2009. He made the decision to quit his work and devote all of his attention to his company as a consequence.</p>


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