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MOVERS & MAKERS SAMAR VERMA

Founder & CEO, Fork Media

RHEA SILVA

Founder & MD, Chototel

A hotel room for just US$2 ( 135)? Might sound like something from the 1940s but it is a reality here and now. Chototel, founded by this Londonbased entrepreneur, will soon launch in Nagothane (70km from Mumbai) as the first of a worldwide chain of low-cost hotel rooms. To meet this requirement, Chototel is harnessing innovative technology across construction, management and operations, to keep prices low. The first hotel will have 240 rooms across 1.5 acres, and each room will be 280sq ft. The tariff includes 24hour electricity, gas, water and social infrastructure including day care, sick rooms, a community kitchen and gardens. Self-help groups will be set up to help run amenities, thereby creating jobs. Silva, with a background in building and managing affordable housing and hotels, raised a reported US$3 million ( 20.5 crore) for the first project, and has more in the works—in Goa and Gujarat in India, and in Nigeria, the UK and UAE. The end goal? To help eradicate housing poverty and homelessness. AB

“CHOTOTEL IS HARNESSING INNOVATIVE TECHNOLOGY ACROSS CONSTRUCTION, MANAGEMENT AND OPERATIONS TO KEEP PRICES LOW” 56

“Fork Media is an ad tech company with a focus on native advertising. We’ve been very passionate about our work and putting together great products that both our advertisers and publishers love.” The company works within a brand’s goals to optimise audience, visibility and engagement. Fork Media was launched by Rishi Khiani’s start-up incubator, AntFarm, and has offices in Mumbai and Delhi. Clients include Omega and Singapore Airlines. “Defining a vision and purpose has been a key instrument for our company’s growth,” says Verma. “A good company is driven by great people, which creates a thriving environment. I have always been hands-on in all aspects of the business from ground-up, including building a team, developing a go-tomarket strategy, building trust with clients, creating products, technology stack and accounting for evolving business realities. I see Fork Media evolving innovatively, at the very edge of media and advertising, by providing unique brand solutions.” AB

PALLAV NADHANI

Co-founder & CEO, FusionCharts

“I was an accidental entrepreneur,” says Pallav Nadhani. “When I was 16 and in school, I was looking to make pocket money. Since I was interested in computer science and was learning programming on my own, I cooked up some code for a charting library to create nice-looking charts on the web and wrote some articles about it.” The product’s features and ease of use ensured that word spread quickly, and he soon had people contacting him for custom solutions. This led to FusionCharts transforming into a service. Now, it employs 85 people across three Indian cities and has a turnover of US$7.5 million ( 50.5 crore). Says Nandhani, “We’re aiming for US$9 million ( 61 crore) next year.” The company’s library features 90 customisable charts and more than 1,000 maps. “We have 26,000 customers around the world, and 600,000 users,” Nandhani says. “Some highs of my journey include seeing a photo of Barack Obama using our product. We have seen US government websites using our features as well. Most people find data scary. My mission is to turn that around and make people see how easy and useful it actually is. I’d like to see people making decisions based on data: based on logic and reason, rather than gut instinct or emotion.” AB

MAKE IN INDIA- YOUNG INDIA  

This third edition features change-makers, entrepreneurs and innovators under 40. From those growing "super exotic" vegetables in India to t...

MAKE IN INDIA- YOUNG INDIA  

This third edition features change-makers, entrepreneurs and innovators under 40. From those growing "super exotic" vegetables in India to t...