Journey of Vijai Subramaniam: From ₹28,000 to a ₹600 Crore Furniture Empire

Journey of Vijai Subramaniam: From ₹28,000 to a ₹600 Crore Furniture Empire

Journey of Vijai Subramaniam: From ₹28,000 to a ₹600 Crore Furniture Empire Entrepreneur#age#net worth#startup#Royaloak story#Furniture#Vijai S

Journey of Vijai Subramaniam:

Humble Beginnings in Tamil Nadu 
Born in the small village of Renganathapuram in Tamil Nadu, Vijai Subramaniam grew up facing significant financial struggles. His family constantly battled to afford basics like food, rent, and clothes. His father changed jobs often, trying everything from cotton farming to selling tea and plastic items, finally settling as an accountant. Meanwhile, his mother supported the family by running a small grocery shop. These early hardships and his mother’s perseverance lit the spark of entrepreneurship in young Vijai.

Schooling Against the Odds 
Due to the family's financial constraints, Vijai started school late, joining Class 2 directly when they moved to Munnar, Kerala. Struggling with the language and feeling embarrassed in class, he was eventually shifted to a Tamil medium school. Later, he studied in Aundipatti, Tamil Nadu, and stayed in a government hostel under difficult conditions. Despite the lack of proper facilities, he remained determined and completed his 12th grade in 1992.

A Student and an Entrepreneur
In 1992, Vijai enrolled in B.Com at Govt. College, Chittur, Kerala. Knowing he had to support himself, he borrowed ₹5,000 from his mother. He used part of it to pay rent and the rest to start a tea powder business. Riding a bicycle and later a scooter, he distributed tea to shops, attending college only a few days a week. While others enjoyed student life, Vijai balanced academics and business with quiet grit.

False Start in Chennai and a New Path in Coimbatore 
After graduation in 1995, Vijai’s uncle promised him a job in Singapore. He sold his tea business and moved to Chennai. However, the uncle kept asking for money, draining Vijai’s savings. Disheartened, he moved to Coimbatore in 1996, rented a room for ₹700, and searched for jobs. Reflecting on his family's struggles, he often cried alone, but he refused to give up.

A Modest Job and a Bold Decision 
Vijai found a job at Standard Chartered Bank selling credit cards for ₹1,500 a month. He quickly excelled, selling over 100 cards each month. One day, he came across a last-minute offer for a stall at an exhibition costing ₹28,000. Trusting his instinct, he pooled money with friends and started selling goods like clothes and kitchen items. The stall turned a profit and marked the beginning of his full-time business journey.

Starting the Trade Journey with His Brother 
Encouraged by the success, Vijai left his bank job and expanded his business with his brother Mathan. They traded in TV stands and kitchen items, conducting exhibitions in various cities. With growing profits, they bought an Omni van, increased their business reach, and earned respect from their family and community.

Journey of Vijai Subramaniam: From ₹28,000 to a ₹600 Crore Furniture Empire Entrepreneur#age#net worth#startup#Royaloak story#Furniture#Vijai S

A Turning Point in Bengaluru 
In 1999, the brothers visited Bengaluru for an exhibition at Safina Plaza. Realizing the potential in furniture sales, they rented a 200 sq. ft. shop and began selling TV stands under the name ‘Fashion Decor.’ Vijai also designed a unique logo for branding. By 2003, they had secured a counter in Big Bazaar, a major retail chain.

Building Momentum with New Stores 
From 2004 to 2010, Vijai juggled three business outlets—Safina Plaza, Big Bazaar, and a new store in Kammanahalli. He married Maheshwari in 2004, who later played a key role in their business. In 2007, Vijai began importing furniture from China and supplying wholesale to retailers, expanding their scope beyond local markets.

Birth of Royaloak and Rapid Growth 
In 2010, the brothers launched their first official Royaloak store in Banaswadi, Bengaluru. By 2015, they had three stores, and by 2017, the number had grown to nine. The brand was now known for offering high-quality international furniture at affordable prices. They sourced products from countries like the USA, Italy, Germany, and more.

Rising Above the Pandemic 
When COVID-19 struck in 2020, many businesses downsized, but Vijai took a different route. With only ₹40 lakh in the bank, he pivoted to online sales through their website. This bold move paid off, and online revenue helped the business survive. From 50+ outlets pre-Covid, they grew to over 100 stores post-lockdown.

A Nationwide Brand with Global Style 
By 2021, Royaloak had 150 stores, split between company-owned and franchises. They partnered with 300 global factories and expanded their product range to include home, office, airport furniture, and home decor. Prices ranged from affordable wall art to luxury recliners. They charged a one-time ₹5 lakh franchise marketing fee, offering two investment options—₹50 lakh and ₹1 crore.

Family Behind the Success 
Royaloak is a family-run brand with Vijai as Chairman and his brother Mathan as Managing Director. Maheshwari heads home decor and marketing. The couple has three children—daughter Vishruthi (18), and sons Vihaan (14) and Vivaan (10). Despite his busy schedule, Vijai enjoys golf and meditation to keep balanced.

Staying True to Values
Even with a ₹600 crore turnover, Vijai hasn’t forgotten his roots. He ensures Royaloak maintains quality and customer satisfaction. The company offers a one-year warranty on most products, reflecting their belief in durability and trust. With over 200 stores and growing, Royaloak has become a household name in Indian furniture.

Words of Wisdom to Entrepreneurs
To those dreaming of entrepreneurship, Vijai offers heartfelt advice: “Don’t chase only money. Focus on vision, integrity, discipline, and quality. Success will follow if you believe in your purpose and stay committed to your values.” His journey from selling tea on a bicycle to building India’s top furniture brand is proof that resilience and belief can shape destiny.

Timeline Overview:

  • 1975–1992: Childhood and schooling through hardship
  • 1992–1995: College and first business (tea powder)
  • 1995–1996: Failed move to Chennai and restart in Coimbatore
  • 1996–1999: Job at Standard Chartered, first exhibition success
  • 1999–2003: Shift to Bengaluru, start of furniture trade
  • 2004–2010: Store expansion and marriage
  • 2010–2017: Royaloak launch and early growth
  • 2020–2021: Surviving and thriving during COVID
  • 2021–Present: Royaloak’s national expansion and leadership

 Journey of Vijai Subramaniam: From ₹28,000 to a ₹600 Crore Furniture Empire Entrepreneur#age#net worth#startup#Royaloak story#Furniture#Vijai S

Previous Post Next Post

Contact Form