The 'Fab' journey of affordable hotel businessman Vaibhav Aggarwal

The first-generation entrepreneur is expanding budget hotel chain FabHotels with the twin objective of better investor returns and excellent consumer experience

When IITian Vaibhav Aggarwal was pursuing his masters in business administration at the prestigious Wharton University in 2011, he realised that a management degree was like an insurance policy.

If you park the car but do not take it out for a ride, what is the point of the insurance policy, he says. Thus began the journey of a first-generation entrepreneur who had a stint with Bain & Co and after that, with deal making platform Groupon, looking after its business in western India. 

Aggarwal chose to go on a sabbatical at Wharton and went on to co-found online home