
Vaibhav Bhor
Managing Director
Vaibhav Bhor's Profile
Vaibhav Bhor's journey into the world of business is marked by a remarkable blend of vision, leadership, and a commitment to driving positive change. From a young age, Vaibhav recognized the potential of his family's business, the Sanchita Group. His innovative thinking and strategic approach have not only transformed the business but also made a significant impact in various industries.
Early Beginnings:
At the age of 19, Vaibhav joined the Sanchita Group, which was primarily involved in supplying seafood to other factories. Recognizing the untapped potential in directly exporting seafood to other countries, Vaibhav saw an opportunity to contribute and grow the company. His decision to step into the family business marked the beginning of a transformative journey.
A Commitment to Quality:
Vaibhav Bhor's unwavering commitment to quality is a cornerstone of his approach to business. He didn't merely advocate for excellence; he immersed himself in every facet of the seafood industry, leaving no room for compromise. His dedication to quality was hands-on, and it resonated through every step of the seafood supply chain.
He personally ventured into seafood procurement, he understood that the foundation of quality seafood lay in the integrity of sourcing.
Vaibhav's commitment to quality reached its zenith during the processing phase. He didn't merely delegate this crucial step; he was present, overseeing the process and participating actively. With a keen eye for detail, he ensured that each seafood product was processed to perfection. Whether it was the meticulous preparation of shrimp or the precise handling of fish, he left nothing to chance.
As Vaibhav engaged deeply in every aspect of the seafood business, he recognized the need for standardization. To ensure that the highest quality was maintained at every stage of the process, he developed a systematic Standard Operating Procedure (SOP). This comprehensive guide outlined the best practices for purchasing, transporting, processing, and exporting seafood.
Vaibhav's commitment to quality has left an enduring legacy. The SOP he meticulously prepared continues to be followed, ensuring that the highest quality products are consistently delivered year after year.
Achieving Remarkable Growth:
Under Vaibhav's leadership, the Sanchita Group achieved remarkable milestones. Within just two years, he doubled the operation capacity and expanded to two facilities. This strategic expansion laid the foundation for further growth. Sales doubled within four years, and this impressive trajectory continued, with sales tripling within six years and crossing the significant milestone of USD 6 million in 2022.
Vaibhav's commitment to serving the community extended beyond the seafood industry.
Healthcare Advocate:
He recognized the growing need for accessible and affordable healthcare services in the rapidly expanding city of Kharghar. In 2010, he took the initiative to establish Medcity Hospital in Kharghar, providing comprehensive medical services to residents at affordable rates.
Robotic Knee Transplant Innovation:
Recognizing that Navi Mumbai residents had to travel to other cities for knee replacement surgeries due to the lack of specialized equipment, Vaibhav imported Navi Mumbai's first Robotic knee transplant machine in 2022. This machine is now operational at Fortis Hospital Navi Mumbai, making advanced medical treatments accessible to the local community.
Builder Partnerships:
Vaibhav's collaborative approach extended to the real estate sector. He has been instrumental in helping builders by providing financing and joint ventures for building projects. His business acumen and strategic insights have enabled successful partnerships in the real estate industry.
Promoting Marathi Art and Cinema:
A proud Maharashtrian, Vaibhav sought to contribute to the vibrant Marathi art and cinema industry. He established Malhar, a Marathi movie production house, with the mission of promoting Marathi art and culture. His first project, "Chava," is dedicated to the great Maratha warrior, Sambhaji Raje.
Hospitality and Real Estate:
In 2023, Vaibhav diversified into the hospitality industry by taking over Brewhouse, a well-known cafe and bar in Navi Mumbai. He has also partnered with Zudio (TATA initiative), providing real estate assets in Navi Mumbai.
Investment in Starstruck:
Vaibhav's visionary approach extends to investments, including supporting Suncity, the parent company of Starstruck, a cosmetic brand founded by Sunny Leone. This partnership helped the brand to expand the product catalogue into new verticals.