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Home Entrepreneurs

Praneeth Nalli & Dr. Akhil Modhe | Myra Living

by Businessup2date
March 2, 2026
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Praneeth Nalli & Dr. Akhil Modhe | The Entrepreneurs of India Magazine

Praneeth Nalli & Dr. Akhil Modhe

Praneeth Nalli: Praneeth Nalli’s professional path has been shaped less by visibility and more by discipline, structure, and daily execution. At twenty seven, his role as Director and COO at Myra Luxury Living places him at the center of operations where service quality is tested every day. With an MBA from ICFAI Tech, his early interest leaned toward how businesses actually run once plans meet reality. Strategy mattered to him, but the real learning came from understanding people, systems, and consistency on the ground.

During his management studies, he developed a strong inclination toward operational execution. He was drawn to questions most people avoid. How do teams stay consistent across locations. How do systems hold up under pressure. How does accountability stay clear as a business grows. These questions followed him into his professional journey and later shaped his partnership with Akhil Modhe. Their association grew from shared intent and complementary strengths rather than similar roles.

When Myra Luxury Living began its expansion, the objective stayed focused. The aim was not rapid scale or attention, but a professionally managed premium co living brand where residents experienced the same standards every day. Praneeth remained deeply involved in operations, believing that service businesses are defined by what happens behind the scenes. “I was more interested in building repeatable systems than chasing rapid expansion.” That belief guided staffing models, service protocols, and internal checks from the early stages.

Mistakes arrived early and taught fast lessons. Speed without structure created instability. In co living, even small lapses in housekeeping, security, or response time quickly reach residents and affect trust. He learned that standardisation, audits, and feedback loops must grow before expansion does. Operations, in his view, are not background functions. They shape brand perception daily. “In service businesses, operations are not backend, they define the brand.”

Team management became another area of focus. Praneeth observed that teams perform best when ownership is clear and roles are defined without confusion. At Myra, discipline shapes culture more than directives or motivation talks. Accountability creates consistency, and consistency builds trust with residents. “Strong cultures are built through discipline, not directives.” That mindset helped reduce dependency on individuals and built systems that could sustain scale.

Family support played a meaningful role during this journey. Choosing entrepreneurship at a young age came with uncertainty, yet trust from home allowed him to take responsibility early. That freedom accelerated learning through action rather than theory. He believes families support entrepreneurs best by encouraging patience, learning driven risk, and long term thinking instead of quick validation.

Resources during the early phases were limited, especially in a quality driven business like premium co living where cost cutting can damage service. Constraints pushed careful decisions. Expansion happened in phases, spending stayed controlled, and operational clarity took priority over aggressive growth. “Constraints force smarter, more sustainable decisions.” Those limitations strengthened discipline rather than slowing momentum.

As Myra grew, Auxilarate.in evolved alongside it to handle monitoring, controls, and technology needs. For Praneeth, technology remains a tool, not a talking point. It exists to improve visibility, accountability, and execution across teams. His role sits at the intersection of operations leadership, co living management, and technology enablement, translating ideas into consistent daily action.

His advice to young professionals stays direct. Start early. Stay disciplined. Keep learning. Age offers an advantage only when consistency keeps pace. “Being young is an advantage when ambition is matched with discipline.”

Dr. Akhil Modhe: Dr. Akhil Modhe’s professional journey has unfolded through close observation of people, systems, and everyday gaps that often go unnoticed. Early in his career, his work with students, academic bodies, and recruiters revealed a recurring issue. Talent was present in abundance, yet job readiness remained uneven. Degrees existed, confidence existed, ambition existed, but industry preparedness often did not. That insight shaped the beginnings of Xplore.co.in, an EdTech venture centered on assessments, training, and career readiness rather than theoretical learning alone. “Entrepreneurship for me began with observation, not ambition.”

His work never stayed limited to a single domain. As exposure increased across cities and work cultures, another pattern became clear. Young professionals relocating for work were finding rooms, not stability. Living spaces were functional, yet comfort, safety, and consistency were missing from daily life. Housing supply existed, but quality living experiences were inconsistent. That gap led to Myra Luxury Living, a premium co living brand focused on professionally managed spaces designed around dignity, predictability, and community. The business demanded patience. Real estate rewards endurance more than speed, and trust takes time to form. A single lapse in service, he learned early, can undo months of careful effort.

Mistakes shaped much of his thinking. In the early phases of Xplore.co.in, institutional trust moved far slower than expected. In Myra Luxury Living, brand perception proved fragile, especially in a service driven business where residents interact with the brand daily. These experiences reinforced a belief he often shares. Speed may bring growth, but systems bring longevity. Documentation, standardisation, and second line leadership became priorities, not afterthoughts. “Growth without governance is the most expensive mistake an entrepreneur can make.”

Auxilarate.in emerged as a natural extension of this thinking. It was not built as a separate experiment, but as a technology backbone to strengthen internal controls, monitoring, and scalability across ventures. Technology stayed in service of people and experience, never positioned as the headline. For Dr. Modhe, digital tools matter only when they make daily operations smoother and accountability clearer.

Family support played a quiet but decisive role throughout the journey. Education platforms and real estate ventures rarely offer instant rewards. There were phases where timelines stretched and outcomes stayed uncertain. Patience at home made it easier to stay steady at work. He believes families today help entrepreneurs best by allowing room for experimentation and accepting that clarity often arrives after failure, not before.

Resources were limited during the early years, particularly while scaling Myra Luxury Living, which requires asset heavy commitments. Capital constraints forced discipline. Reinvestment stayed cautious, operational control stayed tight, and credibility came before expansion. “Capital accelerates businesses, but clarity builds them.” That principle guided decisions across hiring, locations, and service standards.

Today, his work spans EdTech, premium co living, and technology enablement, tied together by a people first mindset. Education and living spaces, in his view, are deeply human businesses where experience matters more than promises. Relationships may open doors, but systems keep them open. Consistency, not charisma, became the real differentiator across his ventures. “People may forget what you promise, but they never forget how you made them feel.”

His advice remains grounded and practical. Solve one real problem well. Stay patient with growth. Stay uncompromising with quality. Keep learning even when progress feels slow. Success, for him, is less about starting early and more about staying consistent long after the excitement fades.

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