Impressed with Mangalore food truck business, Anand Mahindra offers investment

By Think Change India|2nd Jan 2018
Clap Icon0 claps
  • +0
    Clap Icon
Share on
close
Clap Icon0 claps
  • +0
    Clap Icon
Share on
close
Share on
close

Philanthropy, investing, and kindness have been a conscious practice for the Mahindra group, with Anand Mahindra, Chairman and CEO, lately contributing immense amounts of money towards encouraging new ventures. One such instance is when he offered to make an investment in a food truck business in Mangalore run by a 34-year-old Shilpa.

Image source: The Hindu Business Line (Anand Mahindra on the left) ; The News Minute (Shilpa on the right)

A single mother and the owner of a Mahindra Bolero, Shilpa modified the vehicle and customised it according to the needs of a food truck. A popular name in the locality when it comes to North Karnataka delicacies, Shilpa took a loan and bought the vehicle in 2015, and immediately started the truck business along with her brother.

Speaking with The News Minute, Shilpa said,

"It was my circumstances, not a decision to become an entrepreneur, that led to the starting of this business. The local residents supported my initiative, and it just clicked."

Anand Mahindra took it to Twitter to express his interest in the investment. Lauding her for being a successful entrepreneur, he also stated he was just offering to invest in the expansion, and Shilpa was not someone who would want or need charity from him. He said,

"A terrific story of entrepreneurship to end the week with. At Mahindra,we call this a Rise story. Am so delighted the Bolero played a small role. Can someone reach her & tell her I will personally invest in her expansion by supplying a Bolero for the second outlet she’s planning? I don’t think she wants or needs my charity. She is a successful entrepreneur. I am offering to invest in her expansion."

Do you have an interesting story to share? Please write to us at tci@yourstory.com. To stay updated with more positive news, please connect with us on Facebook and Twitter.

Want to make your startup journey smooth? YS Education brings a comprehensive Funding Course, where you also get a chance to pitch your business plan to top investors. Click here to know more.

Clap Icon0 Shares
  • +0
    Clap Icon
Share on
close
Clap Icon0 Shares
  • +0
    Clap Icon
Share on
close
Share on
close