Kapil Chopra

Kapil Chopra

Kapil Chopra is an Indian entrepreneur, well known for his work in the luxury hotel space. Chopra is the former President of Oberoi Hotels but left in 2018 to found The Postcard Hotels and Resorts. Since then, The Postcard Hotels and Resorts has accrued more than US$500 million in assets, with goals of US$2 billion worth of assets secured in the next 10 years. Chopra also continues to serve as Chairman of the Board for EazyDiner, India’s largest restaurant reservation app. In 2018, the company’s series B funding achieved over US$5.8 million

Investments

0

Started his own chain of hotels in

0

Growth% in 2020

0

Data sourced from pitchbook.com 2022

About Kapil Chopra

Location

Born in Delhi, India, Kapil Chopra always thought he’d follow in his father’s footsteps and become a doctor. However, when it came time to take the medical school entrance exams, Chopra couldn’t pass. He therefore committed himself to study hotel management in Delhi instead, and a few years later was running Oberoi Hotels.

Chopra never stopped wanting to improve public health standards in India. This led him to found Charity Beds, an organization that created a technology infrastructure for hospitals to relay information about open beds to India’s poor without delay. This system was vital in the fight against Covid-19, as was Chopra’s inventive use of social media to post Covid updates for his community.

Remarkable Investments

In 2018, when Chopra started his own chain of hotels, The Postcard Hotels and Resorts, he set out with a vision to disrupt the luxury hotel industry. He famously takes issue with set check-in times, subpar standards, and cheap tourist experiences. To combat these antiquated institutions, Chopra has created what he calls “transformative hotels,” which seek to combine privacy, luxury, and local excursions into one memorable experience.

The brand operates a number of hotels within India and has begun expanding internationally into Sri Lanka and Bhutan. Even though Chopra’s hotels run at almost a 50% markup to many competitors, the properties have continued to turn a profit. Despite the four-month shutdown for Covid-19, in 2020 the company was able to achieve a 51% growth in revenue over pre-pandemic numbers.

One of the factors behind this success is Chopra’s strategy to have the Postcard Hotels and Resorts operate three different business models.

The first is a standard management model where the company operates the hotel for an owner. The second business model allows Postcard to buy plots of land and build their own properties, either by investing their own capital or working with a global real estate investment trust. The third model is a revenue-sharing plan with existing hotels where Postcard takes over daily operations.

Kapil Chopra in the News

The Hindustan Times published an article in early 2021 in which Kapil Chopra was given The Hindustan Times Trailblazer Award for 2021. In this article, Chopra discusses his ongoing efforts to improve standards of health in India. In June of 2019, Chopra sat with a reporter from Forbes India to talk about The Postcard Hotels early success. Chopra also explains what he feels is paramount in the luxury hotel service sector and why he feels that his company will be able to disrupt the hotel space.

More Investors from Asia and Oceania

Eze Vidra - Co-Founder Remagine Ventures

Eze Vidra

Eze Vidra is co-founder of seed stage venture firm Remagine Ventures, which invests in Israeli and British consumer tech, metaverse and the future of gaming
Investor's Profile →
Eitan Neishlos

Eitan Neishlos

Eitan Neishlos is a fintech innovator, entrepreneur, corporate attorney, philanthropist, and the chairman of AHNA Group as well as Courage to Care NSW.
Investor's Profile →
faisal aftab

Faisal Aftab

Faisal Aftab is a veteran in his field. Since April 2018 he has held the role of managing partner responsible for the venture capital arm ...
Investor's Profile →
Andrew Larsen

Andrew Larsen

Andrew Larsen Andrew Larsen is an investor with a passion ...
Investor's Profile →
Deepinder Goyal

Deepinder Goyal

Since founding Foodiebay (which was Zomato in a far earlier form) in 2008, Goyal has shown great business acumen and his company has pushed forward ...
Investor's Profile →
Yuri Milner

Yuri Milner

Yuri Milner is an investor who holds a degree in Theoretical Physics, with investments in a range of companies and a strong interest in scientific ...
Investor's Profile →
Earl Yu

Earl Yu

Earl Yu, vice president and principal of WI Harper Group, is a Chinese venture capitalist on the forefront of the TMT sector by investing in ...
Investor's Profile →
Fadi Ghandour

Fadi Ghandour

Fadi Ghandour, a global shipping and logistics magnate and investor in the field of social change and entrepreneurship.
Investor's Profile →
Raghav Bahl

Raghav Bahl

Raghav Bahl – Media Entrepreneur and Investor Raghav Bahl is ...
Investor's Profile →