Monday, April 15, 2024

Olive By Embassy Announces Dhruv Kalro As The Co-Founder

~ Kalro's Strategic Vision and Operational Expertise Set to Propel Olive's Expansion ~

Olive by Embassy announced the appointment of Dhruv Kalro as Co-Founder today, marking a significant milestone in the company's journey of innovation. The hospitality management start-up has embarked on a novel hybrid strategy and pan-India expansion in the last year. Kalro will play a pivotal role in spearheading the company's growth across the country's underserved hotel spaces.

Prior to his appointment as Co-Founder, Dhruv served as the Chief Operating Officer at Olive by Embassy Group, where he played a central role in driving operational excellence and fostering the company’s development.

Additionally, Dhruv has showcased his entrepreneurial spirit as the Co-Founder of ScootApp, a global marketplace for taxis. During his tenure, he successfully secured funding from Startup Bootcamp and demonstrated his adeptness in financial management and regulatory compliance.

“Dhruv Kalro has embodied the organisation’s core values since its inception,” said Kahraman Yigit, Co-Founder & CEO, Olive. “With his strategic leadership during his time as COO and deep understanding of our company's culture, Dhruv has been instrumental to our success. As we embark on our next phase of growth, we are confident that his extensive knowledge of the industry landscape will help expand our footprint pan-India and become its foremost hospitality operating platform.”

Dhruv holds a Bachelor’s degree in Business Management from the Centre for Management Studies at Jain University and has furthered his expertise with a course in Commercial Property Management from New York University’s School of Professional Studies.

“I am truly honoured to embark on this journey as Co-Founder of Olive and to lead an incredible team at the cutting edge of India’s hospitality industry. As we continue to grow, I look forward to raising the bar on guest experiences, delivering exceptional returns to our stakeholders, and capitalising on the opportunities that lie ahead,” said Dhruv. 

Olive's innovative hybrid hospitality model emphasises a "hospitality first" approach, meeting the rising demand for versatile spaces that facilitate connections and elevate guest experiences. Hybrid Hospitality combines hotels, co-living, coworking spaces, members' clubs, wellness facilities, and dining options in one location. Olive offers tailored accommodation options for various market segments. Olive Life targets students and young professionals in Tier 1, 2, and 3 cities with stays of three months or more, while Olive Zip provides budget-friendly daily stays for budget-conscious travellers in similar locations. Olive Hotels cater to affluent travellers with a wide range of rooms and amenities, and Select Olive offers luxurious experiences in leisure destinations.

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About Embassy Group:

Embassy Group is a leading real estate developer. The over 70 million square feet of commercial, residential, industrial and warehousing, hospitality, services, retail, and education spaces we have delivered emphasise high standards of quality, world-class services, environmental management, and safety. Founded in 1993, our operations now span the Indian and international markets of Bengaluru, Chennai, Hyderabad, Thiruvananthapuram, Mumbai, Pune, the NCR, Serbia, and Malaysia. Our 45 million sq. ft. of ready and ongoing residential developments encompass branded residences, uber-luxury villas, exclusive villaments, sky condominiums, integrated developments, senior living, and contemporary homes. Embassy was a sponsor of India’s first publicly listed and Asia Pacific’s largest Real Estate Investment Trust (REIT). We strive to build a resilient ecosystem and proactively foster the social, economic, and environmental developments of the communities we work in. Further information is available at

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