From administration to reboot - Radha Vyas, Co-founder & CEO of Flash Pack
Our first guest, Radha Vyas, CEO and co-founder of Flash Pack, talks on everything from failure and closing down her company in the pandemic to why being a pregnant, Asian female CEO dissuaded her from raising capital sooner. Since then, the aspirational
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Show Notes
Radha Vyas shares how she was able to grow her business in just three years to have a turnover of over £20m. She had four offers on the table with a £10m Series A round going into lockdown - Covid hit and the offers were pulled, she lost 95% of her business overnight. Five months later the company went into administration. Vyas remortgaged her house and bought back the assets to relaunch the business in 2021. She's recently closed a multimillion-pound funding round and is on target to hit £20m turnover once again in year one.
Vyas has both travel and entrepreneurship running through her veins – so much so it was almost inevitable that she’d end up founding Flash Pack, an adventure travel platform that connects like-minded solo travellers. Bootstrapping the company from back bedroom startup to a £20m turnover in four years with no external investment, Flash Pack has transformed the tired and outdated image of group tours with an aspirational travel and lifestyle brand.