Meet Rahul Goel who built Rs5cr car accessory business Woodman after recovering from Rs1cr loss
Rahul Goel founded Woodman as an online android car stereo brand. He had a tough entrepreneurship journey and now runs a Rs 5 cr turnover business. Rahul Goel was still a student at Amity University in Noida when he began assisting his father in his vehicle accessories business in Karol Bagh, New Delhi. While working at their office one day, he discovered that his father owns a registered trademark for the brand 'Woodman' but has never used it. Rahul already had a passion for entrepreneurship, so starting a new firm came naturally to him. In 2015, he approached ecommerce firms such as Flipkart and Amazon about listing his Android vehicle radio system on their platforms. Flipkart had recently created the car accessory category in 2015, Rahul explains, adding that the demand came in immediately after he listed his products, and within seven months he had done business worth roughly Rs 60 lakh. In 2016, he was even named his university's 'Best Entreprene...