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Dhawal Shah est le fondateur et PDG d'Elsa. Auparavant, il était directeur commercial de Frontier et directeur des investissements de Bison Fund. Dès 2008, en tant qu'entrepreneur technologique, il a participé à la création de Way2Franchise.com, le principal portail de franchise indien, et a fourni des services de conseil à plus de 55 marques Plus et des conseils sur les stratégies d'entrée sur le marché.