Vedant Shetty's entrepreneurial journey began in 2019 when he joined his father's hospitality business. Following his father's demise during the COVID-19 pandemic, he took on greater responsibilities at the age of 20. At the time, most of the family businesses were based in Dahanu, a small coastal town near the Maharashtra-Gujarat border. After completing his Bachelor of Management Studies (BMS), he joined his cousin to develop Monarch Group of Hotels, which has since expanded to more than 25 hotel locations across India.
With around eight years of experience in hospitality, Vedant oversees day-to-day hotel operations, construction and project development. Monarch Group of Hotels primarily caters to corporate travellers, offering luxury at an affordable price, and is now preparing to expand further into the leisure hospitality segment with the upcoming Neer Beach Resort in Dahanu, scheduled to open in early 2027.
Beyond hospitality, Vedant has ventured into renewable energy through Sunation LLP. Drawing from his experience in the hotel industry, he recognized the growing burden of electricity expenses on hotel operations and began promoting solar energy solutions among hoteliers. The company is now expanding its focus to the wider market. Its services include solar EPC, rooftop solar installations for residential, commercial and industrial projects, and solar parks.
He is also involved in farming and has investments in real estate projects, reflecting his interest in opportunities beyond the hospitality sector.
What makes Monarch Group of Hotels stand out in corporate hospitality?
Monarch Group of Hotels offers luxury at an affordable price, with a presence across more than 25 hotel locations in India.
The group has primarily focused on serving corporate travellers, offering accommodation options suited to business travel requirements. Vedant Shetty oversees its day-to-day operations while remaining actively involved in construction, project development and expansion.
The company's planned expansion into the leisure segment includes Neer Beach Resort in Dahanu, scheduled to open in early 2027. The resort is expected to contribute to tourism development in Dahanu while also catering to potential visitor demand associated with the upcoming Vadhvan Port, which is being developed to become one of India's largest ports.
For Vedant, the focus remains on strengthening the group's presence while exploring opportunities for further growth.
How is Sunation LLP expanding beyond hospitality?
Sunation LLP began as a renewable energy solutions venture inspired by Vedant Shetty's experience in the hospitality industry. Having managed hotel operations himself, he understood that electricity bills were among the biggest recurring expenses for hoteliers, with costs continuing to rise year after year.
This understanding led him to promote solar energy solutions within the hotelier community. Beyond encouraging solar adoption, he also helped hoteliers secure financing for their solar projects at subsidised rates, making the transition to renewable energy more financially accessible.
Vedant Shetty is now working towards developing Sunation LLP as an independent business serving a broader market. The company focuses on solar Engineering, Procurement and Construction (EPC) solutions, including rooftop solar installations for residential, commercial and industrial projects, along with solar parks.
This expansion marks an important step in Vedant's entrepreneurial journey, bringing his experience in hospitality operations and project development into the renewable energy sector.
Vedant also remembers a verse his father would often quote from The Ladder of St. Augustine by American poet Henry Wadsworth Longfellow:
"The heights by great men reached and kept
Were not attained by sudden flight,
But they, while their companions slept,
Were toiling upward in the night."
For Vedant, these words reflect the value of perseverance and consistent effort in building something meaningful over time.
From joining his father's hospitality business in 2019 to contributing to the expansion of Monarch Group of Hotels across 25+ hotel locations, Vedant Shetty's journey reflects his growing role as an entrepreneur. With Sunation LLP and his involvement in farming and real estate, he is now building on that experience while exploring opportunities across multiple industries.
Frequently Asked Questions
How did Vedant Shetty expand Monarch Group of Hotels to 25+ locations?
Vedant Shetty began his hospitality career in 2019 by joining his father's business and later joined his cousin in developing Monarch Group of Hotels. Initially, most of the family businesses were based in Dahanu, Maharashtra. The hospitality group has since expanded to more than 25 hotel locations across India, primarily serving corporate travellers. Vedant manages day-to-day operations, construction and project development, while the group is also preparing to expand its leisure hospitality offerings.
What makes Monarch Group of Hotels an affordable luxury hospitality brand?
Monarch Group of Hotels focuses on delivering luxury at an affordable price, catering primarily to corporate travellers. With a presence across more than 25 hotel locations in India, the group focuses on business hospitality and is expanding into the leisure segment with the planned opening of Neer Beach Resort in Dahanu in early 2027. Vedant Shetty serves as Director and oversees hotel operations and project development.
How is Sunation LLP different from other solar EPC companies?
Sunation LLP was developed from Vedant Shetty's firsthand understanding of rising electricity costs in the hospitality industry. He began promoting solar energy among hoteliers and helped them secure project financing at subsidised rates. The company is now expanding into the broader renewable energy market, offering solar EPC services, rooftop solar installations for residential, commercial and industrial projects, and solar parks. Vedant leads this venture alongside his responsibilities at Monarch Group of Hotels.
