Startup Stories

Building Highways to Success:  New Delhi-based V.K. Shriwastava’s RichAxe Consulting Pvt Ltd Aims 6.5 Cr Revenue in FY24-25

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Did you know that India’s infrastructure sector is projected to become the third largest in the world by 2030! In a country where highways and expressways are the lifelines of economic growth, having a reliable engineering consultancy is crucial. Enter RichAxe Consulting Pvt Ltd, a company born from the rich experience and passion of its founders, dedicated to transforming the infrastructure landscape of India and beyond.

Meet the Minds Behind RichAxe Consulting

RichAxe Consulting Pvt Ltd was founded on February 5, 2024, by Mr. V.K. Shriwastava, a seasoned expert with over 35 years of experience in highway and expressway construction, both in India and abroad. Mr. Shriwastava holds a Doctorate Degree in Highway Engineering, a Master’s Degree in Transportation Engineering, and a Bachelor’s Degree in Civil Engineering. His extensive career includes leading large-scale projects funded by the World Bank and Asian Development Bank in India and Nepal, under FIDIC conditions of contract.

Joining him is his co-founder, a business-savvy professional whom Mr. Shriwastava met at a business meeting. Together, they bring a blend of technical expertise and business acumen, ensuring that RichAxe Consulting delivers top-notch project management and detailed design services.

The Genesis of RichAxe Consulting

The story of RichAxe Consulting is one of resilience and determination. Mr. Shriwastava began his career in 1989 in the field of highway construction. Despite a burning desire to start his own company, various constraints kept him in the job market for over 33 years. In 2022, he ventured into business with two equity partners, but the outcome was less than satisfactory. Undeterred, he took the plunge again, founding RichAxe Consulting in 2024.

The Business Model: Engineering Consultancy Services

RichAxe Consulting operates on a straightforward yet powerful business model: providing top-tier project management and detailed design services for highway and railway projects. Their clients include the Ministry of Road Transport & Highways (MoRT&H), the National Highways Authority of India (NHAI), and other government entities. By offering high-quality solutions and optimizing resources, they ensure that their clients receive the best possible service without breaking the bank.

Their revenue model is equally impressive, with an expected income of 6.5 crore INR for the fiscal year 2024-2025. This success is proof to the company’s ability to deliver consistent, high-quality services in a highly competitive market.

Vision and Mission: Global Competence in Service

RichAxe Consulting’s vision is to become a globally competitive player in the engineering consultancy sector. They aim to achieve this by providing detailed engineering and project management consulting services for highway and railway projects. Their mission is to solve the complexities of infrastructure projects, making them accessible, intuitive, and outcome-driven. Mr. Shriwastava and his team believe in the power of quality solutions to drive business growth and shape public perception.

The Journey So Far

Starting a company after 33 years in the industry is no small feat. Mr. Shriwastava’s journey is filled with challenges, learnings, and moments of triumph. From working on large-scale projects to training personnel in the latest construction technologies, his career has been a masterclass in dedication and expertise. His experience spans various facets of highway construction, including project preparation, construction supervision, contract management, and quality assurance.

“I had the zeal since the start of my career to start our own company but due to several constraints, was not able to establish the same and continued in the job almost 33 years,” told Karostartup.

The journey of RichAxe Consulting has just begun, but it is already making waves in the industry. The company’s commitment to quality and optimization sets it apart from its competitors, and its founders’ deep-rooted experience ensures that every project is handled with the utmost care and professionalism.


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Why RichAxe Consulting Stands Out

In a crowded market, what makes RichAxe Consulting stand out? The answer lies in their commitment to quality and resource optimization. Unlike many other firms, they don’t just offer services; they build relationships. Their tailored approach ensures that each client’s unique needs are met, and their solutions are always top-notch.

Moreover, their specialization in highway, railway, and water resource projects means they bring a wealth of expertise to every project they undertake. Their extensive knowledge of modern highway construction techniques, combined with their experience in contract management and quality assurance, ensures that they deliver projects on time and within budget.

Whether you’re a government entity looking for reliable project management services or a startup seeking detailed engineering consultancy, RichAxe Consulting Pvt Ltd is your go-to partner. With a vision to become globally competent and a mission rooted in quality and optimization, they are set to transform the infrastructure landscape. Ready to embark on a journey of success? Reach out to RichAxe Consulting today, and let’s build the future together!


Frequently asked Questions (FAQs)

What is RichAxe Consulting Pvt Ltd? 

RichAxe Consulting Pvt Ltd is an engineering consultancy company based in New Delhi, specializing in project management and detailed design services for highway and railway projects.

Who founded RichAxe Consulting Pvt Ltd? 

The company was founded by Mr. V.K. Shriwastava, an expert with over 35 years of experience in highway and expressway construction, along with his co-founder, a business professional met at a business meeting.

What sets RichAxe Consulting apart from other engineering consultancy firms? 

RichAxe Consulting stands out for its commitment to quality and resource optimization, offering tailored solutions that meet the unique needs of each client. Their extensive expertise in highway, railway, and water resource projects ensures top-notch service delivery.

What services does RichAxe Consulting provide? 

RichAxe Consulting provides project management and detailed design services for highway and railway projects. Their clients include the Ministry of Road Transport & Highways (MoRT&H), the National Highways Authority of India (NHAI), and other government entities.

How does RichAxe Consulting generate revenue? 

The company generates revenue by offering high-quality project management and detailed design services to government entities and other clients, with an expected revenue of 6.5 crore INR for the fiscal year 2024-2025.

What is the vision of RichAxe Consulting? 

The vision of RichAxe Consulting is to become a globally competitive player in the engineering consultancy sector, providing top-tier services that drive business growth and shape public perception.

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