Rahul Bhalchandra
CEO & Founder Director
YLG Salons
Rahul is a professional turned entrepreneur with domain expertise in Health & Beauty retail and services. He Co-Founded YLG, a Bangalore based Salon chain along with his better half Vaijayanti, quit his corporate job at Future Group and moved to Bangalore to set up YLG in 2008. He is an engineer from IIT Kharagpur and also holds an PGDM from IIM Calcutta.
With Rahul’s background in Health & Beauty Retail, his first instinct was to start a retail chain. However, a combination of Statutory (Retail FDI is not allowed in India) environment and investor interest (why don’t you start a Beauty Service business?) led both to think seriously if they wanted to jump into the salon business. A joint thinking period of over a month later, both were committed to building a Salon Chain which would consistently deliver world class services and products for the Indian woman at reasonable prices.
Prior to YLG, Rahul was Head – Wellness business for the Future Group. He built the Health & Beauty Category, set up the beauty salon chain “Star & Sitara” for the company. He was instrumental in setting up India’s first Gym Chain in Malls in a JV with Talwalkars for the Future group. He has played the pivotal role in setting up the Sachin Tendulkar – Future Group initiative “Sach”. Before Future Group, Rahul headed the Branded retail business for Arvind brands (Arrow, Lee, Wrangler and Excalibur). His entry in retail began as the Business Head of Health & Glow, which today continues to be the most successful format of its kind in India. Rahul started his career with the RPG Group, working at RPG Cables and Ceat Ltd, in various marketing & General Management responsibilities.
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