The Global Hues | Vol. 2 | Issue 2 | | February 2022
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INKING STORIES THAT MATTER TODAY AND EVEN MORE TOMORROW
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Contents Vol 2 | Issue 2
February 2022
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Anil B Goyal The Man Behind India’s Most Trusted Business Advisory Firm
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Avkash Kakdiya
Technology
Vikram Bansal
Flying High With Self-Built Entrepreneurial Wings
COVER STORY
All About
Starlink
A Journey Of Climbing The Ladder To Success
Musk’s Revolutionary Space Venture
GIRISH ARORA
Founder & MD Alniche Lifesciences
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34
Dr. VP Sajeevan
Sanjay Dutt
Mastering The Art Of Passionate Leadership In Tata Realty
Pioneering The Blistering Growth Of The Digital Imaging Industry
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Report
Varun Alagh
Serving Millennials Via Brands With Purpose
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| Issue 2 | February 2022
Global Income Inequality 2022 How Big Is The Gap?
Ravinder Pal Singh
A Seasoned Professional Aiming At Digital Transformation
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Shubham Agrawal
Making A Striking Difference In The Digital World
46 Business
Air India
Back Home To The Tatas
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48
Vaibhav Aggarwal
Intellect Quotes On
Patience
An Intellectual Industry Leader Walking The Talk Since Years The Global Hues | Vol. 2 | Issue 2 | | February 2022
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Listing
Technology
Inspiring CEOs
Are Smartphones Becoming The Place Where We Live?
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CEOs
Travel
In The World Of Social Media
Karnataka
A Complete Package of Adventure, Beauty and Peace
Editor’s Note G
Founder & CEO: Himanshu Tyagi Editor-in-chief: Tannishtha Mukherjee Copy Editor: Priyanka Tyagi Content Manager: Himanshi Jain Editorial Team: Kusum Vats, Aditi Gautam, Shreya Malakar
Now that we are entering into a diversified, collaborative, and quickly evolving technological world, the individualist style of leadership is vanishing. CEOs’ responsibilities are changing, they are called upon to devise new strategies and take different approaches to leadership along with their highly-skilled and committed team members.
Head of Sales & Marketing: Chetan Kaushik Sales Team: Annu Vimal, Ritu Chauhan, Anubha Singh Chauhan, Anushka Gupta, Sanchit Rathi, Shubham Goel
CEO is a thankless job. It requires wearing many hats and figuring out which ones to try on. A CEO always weighs risk and evaluates decisions in order to make the correct one. Every day, for a CEO, is unique and unscriptable and therefore, challenging at times. The Global Hues Magazine through its latest edition “Inspiring CEOs” shows the much-deserved appreciation towards the contribution of Chief Executive Officers in any organization. It covers the journeys, risks, roadblocks and challenges they had to go through for building fruit-bearing businesses.
The Global Hues
Editorial@theglobalhues.com
Guest Article
Publisher: The Global Hues
one are the days when the head of the organization used to singlehandedly set up the company and CEOs used to behave like monarchs with supreme powers & set the vision of the company and everyone else was expected to follow it blindly. In today’s rapidly changing corporate world, their roles are changing. Now, their goal is to put the enterprise first in all decisions and action, the team they lead second and their own individual needs and wants third.
Hope you enjoy reading this issue. Happy Reading!
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Tushar Kansal
Leading The World Of Investment Via Highly Rewarded Investment Banking Firm
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INSPIRING
COVER STORY
CEOs
Girish Arora
As leaders, we don’t build businesses, we build enduring legacies.
THE BRAIN BEHIND THE GROWTH TRAJECTORY OF INDIA’S HIGHLY ACCLAIMED PHARMA COMPANY
A
ttached to the ground and aiming the sky’ is the principle that Girish Arora, the Founder and Managing Director of Alniche Lifesciences, one of the most renowned pharma companies follows. A sharp-witted professional, Girish’s tale from a meticulous Sales Marketing expert to victoriously heading Pharma companies in India is an inspiration for those aiming to reach skyrocketing heights.
companies like Cipla, Micro, and Emcure in the segment of Niche therapies - Nephrology and Critical care. Furthermore, developing new products always fascinated Girish. He is probably the first among in India, who envisaged collaborating with Academia, for innovative products with IIT Chennai. His extensive experience, keen eye for detail, deep understanding of the healthcare industry, and versatile roles that he played in prestigious pharma companies
GIRISH ARORA Founder & MD, Alniche Lifesciences
In the early phase of his career, Girish worked at the grassroot level to understand the importance of the customer-centric account management approach. This strategy laid the foundation of a sparkling career for him as he chaired leadership roles in various pharma companies in India. It included aiding in establishing leading
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INSPIRING
COVER STORY
CEOs
At present, Alniche is present in six therapeutic segments namely Nephrology, Critical Care, Gastroenterology, Dermatology, Neuropsychiatry and Cardiac Diabetes Care. It has more than 350 products in the market which belong to various therapeutic groups. With deep knowledge of the disease area, support of the medical fraternity, and complete devotion towards his goal, Girish has successfully taken the company to sky heights.
WHAT SETS ALNICHE LIFESCIENCES APART FROM THE REST? With a strong product portfolio, both domestically manufactured and licensed from global pharma, Alniche fulfils the unmet needs of patients in the areas of nephrology, critical care, gastroenterology, dermatology, neuro-psychiatry and cardiac diabetes care. BOARD OF DIRECTORS - ALNICHE LIFESCIENCES groomed his business acumen to put him in the right direction to launch his own business venture Alniche Lifesciences. Girish is a leader of consummate personality with his unique and result-oriented values and beliefs. His ingenuity to pick the right talent for forming an empowered team, charisma that keeps the team motivated, and nurturing a meritocratic environment that rewards performers have facilitated a cohesive and high-performing team of top-notch senior professionals. Furthermore, Girish believes in mentoring the team closely as it fosters transformational learning and personal enrichment. The emotional bond that he shares with each member of the Alniche team creates a distinctively placed organization, where Ownership, Answerability, and Results are the mantra for every member of Alniche.
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ALNICHE LIFESCIENCES The Tale of Establishment With an undeterred objective to upgrade healthcare delivery and improve the lives of millions of people across the nation, Girish laid the foundation of Alniche Lifesciences in 2007. Alniche, which is recognized as today’s foremost pharmaceutical organization, had a modest beginning with limited investment. Girish still recalls the crucial days when his industry networks helped him with products and supplies. Leveraging inspiration from family, mentors, colleagues and applying his in-depth domain expertise acquired over the years, Girish spearheaded Alniche to a unique position in the highly competitive healthcare market. Headquartered in New Delhi, Alniche Lifesciences is a highly renowned and dynamic Pharmaceutical company that markets
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specialized, effective, high quality, affordable, and value-for-money medicines and wellness products across the nation.
Today, Alniche has 800+ employees with 1500+ distribution points both for prescription and OTX brands, covering 70,000 doctors and 30,000 hospitals. This Pan India expansion is attained as we invest the earnings back into the organization to introduce new therapy areas and field expansion.
Quality, for Alniche, holds pivotal importance, therefore all the manufacturers are certified with ISO, WHOGMP, and c-GMP certifications. Each product at Alniche goes through stringent testing during the manufacturing process, leaving no room for quality grievance.
Furthermore, it has its own Medical and Pharmacovigilance department that is engaged in PMS and coordination with manufacturers to ensure quality compliance.
Ketoanalogue – Double Strength Tablet and Sachet Form reducing Pill Burden and limit the intake of fluid for Patients with Kidney Impairment
CHALLENGES FACED
Auxisoda – Enteric-Coated Tablets Preventing GI Irritation
Life has given its due share of challenges to Girish. When he started envisioning the dreams of founding his own pharma company, the first challenge was to compete against global and well-established organizations that had earned the faith and trust of doctors. Other hurdles like financial constraints, finding the right people based in Delhi, maintaining quality, and gaining the trust of doctors didn’t stop Girish to set the path for the establishment, growth, and diversification of Alniche as he believes ‘’in the middle of every difficulty lies the opportunity to grow.’’
Research & Patented Products (Complipro & Ezepro – ReadyTo-Drink Protein Formula) in Collaboration with DPSRU. These Products are launched by Shri Anil Baijal (Honorable Lieutenant Governor of Delhi, Govt. of N.C.T.)
ADDITION TO PRODUCT PORTFOLIO
GROWTH PROJECTIONS FOR ALNICHE
Alniche is a pioneer in conceptualizing and commercializing several novel product concepts in India to enrich product portfolio, like:
Alniche started with a prime focus on the Nephrology segment. Afterward, it expanded its portfolio, which helped Alniche record ambitious growth and milestones. Over the next decade, Girish envisions expanding market share in existing therapies, launching new therapy and allied healthcare verticals, and making Alniche one of the top 10 pharma companies in India.
Wetfast MD – Mouth Dissolving Lozenge Reducing the Overload of Fluid in CKD Patients Entasafe – a Unique Combination of Pre-Probiotics & Minerals to Control the Adverse Effects of Long-Term Use of PPIs
Girish also plans to venture in exports to support licensing initiatives through Alniche’s manufacturing plant Effikasia. Alniche is all set to expand its presence across the nation and global markets. Additionally, the firm is ready to mark its much-needed presence in the complementary market of Medical Devices and Consumables in the selected therapy areas that align well with the pharma range.
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INSPIRING
COVER STORY
CEOs
My Healthytude promotes healthy lives and wellbeing for everyone, everywhere, at all ages, and shares health-related information on all social media platforms. On this platform, Health experts share their views through Reels, WebPosters, Videos, and Webinars to educate patients.
FEATHERS IN THE CAP In the veins of Alniche, runs its deep philosophy i.e. Inspired By Value, Driven By Vision. Girish’s striking efforts have made Alniche a name to reckon with. His business acumen, an inherent ability to take risks and his unconventional approach are leading to ‘three to four folds’ growth of Alniche in comparison to similar-sized players in the Indian pharmaceutical industry. Since its inception, Alniche has added many feathers to its cap by winning various prestigious national and international honors. Some of them are: Best Organization in Nephrology drugs & Novel Formulations Award - Business Sphere, New Delhi, India Fastest growing brands & Leaders Award - Asia One, Dubai, UAE Excellence in Pharmaceutical Brand Management Award (New Product Launch) by CPhI, Netherlands (India Pharma Awards 2019) Healthcare Elite Award - Business APAC, India Super 30 Companies Award - Silicon Review, New Jersey, USA
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Noteworthy Biotech & Pharma company - Business APAC, India Company of the year 2019Business Connect, India 10 companies with most disruptive innovation by Business Berg, Dublin, Ohio, USA. Pharma CEO of the year – Time2Leap Awards – MSME edition issued by Ministry of Micro, Small and Medium Enterprises India Emerging brand of the year Time2Leap Awards – MSME edition issued by Ministry of Micro, Small and Medium Enterprises The 10 Outstanding Healthcare giants in India – The CEO Magazine The Outperformer, Indian Business Legends - Forbes India Prestigious Brands of India 2021 – Herald Global, BARC ASIA Excellence in Healthcare – Times Group Most Trusted Pharmaceuticals Company in India – Innovative Zone
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OTHER EXCLUSIVE PROJECTS Apart from the above-mentioned achievements, the company has created numerous projects in the arena of healthcare and education to give itself new wings in the market. Some of its exclusive projects are: DRSC: Focused On Healthcare Experts DRSC team focuses on providing educational and scientific information to doctors, practicing physicians, nutritionists, paramedics, medical enthusiasts by providing online access to literature search, case studies, educational presentations, in-clinic digital presentation, and scientific articles. My Healthytude: Focused On Masses, Patients, and Caregivers The team at Alniche educates patients on their health conditions to foster better engagement with Healthcare Providers. It is delivering complete and current information to the patients with an aim to create an atmosphere of trust, enhance the doctor-patient interaction and enable patients to take an interest in their healthcare.
Alniche Health: Focused On CKD Patients Alniche Health app offers a wide range of information like Kidney health, exercises, daily health routine, burst the myths revolving around a diet of CKD and dialysis patients, and include easy and healthy recipes safe for patients within the nutritional guidelines. This app not only helps patients and their caregivers but also saves doctor’s time by educating patients about maintaining kidney health. TED: Focused On The Sales Team Through the TED portal, each team member can access training modules anytime, anywhere, bringing the convenience of time, consistency of updates, the accuracy of brand knowledge, and progress report to monitor
improvement. TED is employee-centered and offers a great deal of flexibility in terms of time and location. This e-learning method enables Alniche to customize its learning tools based on the needs of the learners. Alniche Tele Consultancy: Focused On Doctors and Patients Alniche DRiefcase Connect is a comprehensive & highly customizable practice management platform for doctors to improve their practice and engage their patients. It helps patients manage their medical records, book appointment digitally, and Video/ Audio consultations. As doctors get a greater number of patients and patients save time and money for traveling long distances to consult doctors, it’s a win-win situation for both doctors and patients. In-Reach: Focused On Doctors and Chemists The PreCovid era was more focused on face-to-face interaction of the Sales team with doctors and chemists. However, Covid brought a jolt to this system. Therefore, realizing the need of the hour,
Alniche adopted digitalization (i.e. use of Emailer and SMS) to inform doctors and chemists about existing and upcoming brands.
THE PHILANTHROPIC APPROACH The Pearl of wisdom “Philanthropy lies at the heart of human greatness” inspires leaders like Girish to give back to society. He firmly believes that a cohesive society is the foundation of a strong nation. He is actively involved in making healthcare accessible to the needy and enthusiastically helps organizations that are supporting the cause of female education and hygiene and charitable healthcare centres.
GIRISH’S INSPIRATION Girish’s father is his biggest inspiration. He fondly remembers how his father used to always motivate him to go for simplicity, do hard work, be humble and have empathy with others as these are the principles for success. Besides, he has drawn his professional inspiration from two industry leaders - A.K Khanna and NK Ummat. Mr. Khanna taught him the power of personal relations with customers and task orientation while Mr. Ummat was an example of how a Senior Manager can make a notable difference in the lives of his team by showing them the right direction and motivating them to bring extraordinary results to the table. Despite great odds and risks, Girish’s perseverance, go-getter approach, and optimistic outlook have accelerated the building of a thriving company that sets new standards of excellence. It is through his vision that Alniche has been constantly aiming for success backed by the quality of its portfolio. Endowed with a sanguine attitude and humanitarian heart, Girish has been able to charter his company to great heights.
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INSPIRING
SPOTLIGHT
CEOs
We, at CapSavvy, assure to provide innovative and modern techniques through scientifically styled execution approach to provide advisory in the field on business and finance to deliver the best ROI.
Anil B Goyal
THE MAN BEHIND INDIA’S MOST TRUSTED BUSINESS ADVISORY FIRM
I
t was back in 2019 when a certified Business Strategist from IIM Bangalore, a rank holder Chartered Accountant, Anil B Goyal, after gaining humongous experience from different leadership roles, decided to build a business empire of his own. His commitment to a dream and perseverance to conquer daily challenges has made him the proud Managing Director of today’s highly acclaimed business and financial advisory firm, CapSavvy Consultants. An astute professional, Anil has expertise across diverse industries and sectors towards ROI-focused services to businesses. Anil’s areas of specialization include Debt fundraising from banks and institutions, Equity fundraising from PE Funds, Strategies for ROI improvement, Insolvency and Bank Settlement matters, Project Development advisory, Start-up advisory, Education advisory, to name a few.
ANIL B GOYAL Founder & MD, CapSavvy
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Having worked at different leadership positions at big companies like IDBI, SKIL, IL&FS, Mexus, and Meril, taking ownership for top-line and bottom-line, gradually engraved a sense of entrepreneurship in Anil’s working style. After passing Chartered Accountancy Exam with National Bank in 1995, he got an opportunity to work with an Indian Private Sector Bank, IDBI in the credit
department which became a rock-solid platform for Anil’s career growth as he interacted with many entrepreneurs and closely observed their teamwork abilities, risk-taking abilities, leadership skills, creativity, and self-confidence while presenting the projects. Another breakthrough came when he joined SKIL Group as Vice President, IL&FS Infrastructure Development Corporation (IIDC) as National Head for SEZ Industrial Parks Division. Thereafter, he joined Mexus Education as Managing Director & CEO and got the much-needed opportunity to lead a cross-functional team of more than 1500 people. While working for Mexus, Anil acquired the rich qualities of an Entrepreneur as he learned how to deal with various organizational challenges such as maintaining performance, managing team productivity, communication improvements, teamwork, systems developments, service management, cash-flow management, regulatory challenges, managing internal and external skepticism, managing workplace culture/ diversity, stimulating innovation, change management, downsizing, competition management, and many such qualities. With the deep understanding gained during different leadership positions at various organizations, Anil ultimately decided to unfurl his entrepreneurial dreams which led to the inception of CapSavvy Consultants Private Limited in November 2019.
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INSPIRING
SPOTLIGHT
CEOs
Its culture is equipped with new technology and techniques to maintain reliable quality assurance. Being a highly acclaimed financial advisory firm, CapSavvy understands its responsibility, adapts its mechanism to industry trends, and stays aligned with the changing business scenario and market demands. “We serve the clients through our ‘Business Partner Approach’ and follow transparent methods in dealing with them. Once committed, CapSavvy ensures to deliver on time with the best-tailored services,” Anil asserted.
THE LEADERSHIP PHILOSOPHY While taking business decisions, intellectual leaders like Anil follows a mix of two types of leadership. These are: Democratic Leadership, where Anil promotes participation of his team. He consults his team members, board and takes their opinions into account when making long-term strategic decisions. Therefore, Anil encourages two-way communication and makes every team member feel a part of the company. Situational Leadership, where Anil is flexible and adapts to the circumstances. He considers matured inputs from the team & board and evaluates the needs of the company and, accordingly, applies the most appropriate leadership style, changing it when the situation requires or managing each team member with a different style.
CAPSAVVY: A HIGHLY REWARDED BUSINESS ADVISORY FIRM An award-winning ISO 9001:2015 company, CapSavvy is an expert financial and business advisor that focuses on providing multifaceted advisory to cater to the growing demands of modern businesses to compete worldwide and thrive in a fast-paced and challenging economy. With a highly skilled and experienced team of professionals, CapSavvy helps businesses and promoters translate their visions into reality.
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CapSavvy offers multifarious financial and business advisory for companies to achieve management goals across all facets of their business. Its bouquet of services includes: Business Strategy Start-up Advisory and Funding Financial Restructuring Equity Fundraising
THE CLIENTELE CapSavvy deals with clients from different sectors such as e-commerce, steel, manufacturing, food, biotechnology, Sports, Fintech, Business Networking, Professionals, Beauty & Wellness, travel, and many more. Its major focus is towards handholding SMEs and Startups.
Debt Syndication
CHALLENGES FACED
CFO Services
CapSavvy was founded in November 2019 when the entire world had started witnessing the surge of a deadly pandemic. During the initial phase of creating and building customer relationships, the destructive wave of Covid 19 shook off all the hopes of Anil but the courage and determination to reach infinite heights pulled him back. He, with the continuous support of family and friends, within two months, revived his business back in the corporate world. During this challenging phase, he devoted his time in studying various online courses offered by different global universities and focused on digital marketing for CapSavvy.
CRM Software / Automation Tools Pre IPO-Advisory Backed by a consummate and experienced advisory panel of chartered accountants, bankers, technocrats, and management professionals, CapSavvy becomes an ideal partner for the growth and progress of the business in today’s fast-moving digital world and lets the promoters focus on their core business activities.
WHAT MAKES CAPSAVVY UNIQUE? Unlike other business advisory firms, CapSavvy bridges the gap by taking care of the financial and management needs of clients. The team at CapSavvy gets into the shoes of their client and understand their business needs through their eyes, so as to ensure personalized and effective guidance. With more than 35 Pan-India business associates teamed up, CapSavvy is well equipped to offer personalized, healthy, and highly transparent services to its clients.
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MISSION & VISION STATEMENTS CapSavvy utilizes best practices to streamline business processes and improve the business insights of its clients with an ethical and law-compliant business model. The strategic vision of the company is to: a) Provide excellence in client service and compliance through its unwavering commitment to
the team, understanding financial services, and a continued focus on process improvement. b) Work with vigor, dedication, and innovation to achieve excellence in service, quality, reliability, safety, and customer care. c) To earn the trust and confidence of all the clients, exceeding their expectations and making CapSavvy a respected business recognized name. d) To be the best choice as a financial & business advisor in managing challenges of the modern fast-changing business world. e) Stay committed to providing genuine services to the businesses that lead to measurable ROI for them. Furthermore, CapSavvy will continue to focus on its unique approach of personalized advisory. It also plans to add another vertical for offering Project Development Services to government agencies. “Under this vertical, we plan to tie up with government agencies at PAN India level to set up a JV Company, which will identify infrastructure projects as per local demands and needs,” Anil mentioned. This unique concept of Project Development Advisory will concentrate on shaping up the identified infrastructure projects and making them viable for private sector participation. Such initiatives aim at reviving the economy, creating investment opportunities & jobs through new projects, and improving the infrastructure of the country.
THE CORE VALUES Anil makes sure that the entire organization works towards upholding the highest standards of integrity, good governance, and ethical practices. He believes coordination is the key to building unity between different departments so that everyone can work towards achieving common goals and business objectives.
Moreover, there lies efficient co-ordination in CapSavvy because of its prioritization towards qualitative and customer-centric services which are: ROI Focused Services Addressing Modern Business Challenges System Driven Organization Focusing on Team’s Capacity Improvement Adopting Modern Tools like CRM for mandate delivery Maintaining Service with ISO certification standards Providing timely customer support
THE MANTRA TO SUCCESS While recollecting his past journey and achievements, Anil says that his successful journey is a mix of the outcome of two key factors. First, it is because of the professional traits that he followed while working in different leadership positions, and second, because of the consistent guidance and support from his mentors, superiors, friends, and family members. His mantra of success are: Always be punctual Always be eager to learn Share your knowledge with others Be polite in your talks & discussions Listen very carefully and understand another person’s viewpoint and perspective Always deliver more than what’s expected from you
AWARDS & MILESTONES ACHIEVED CapSavvy is an internationally acclaimed Quality Management Certified Company with ISO 9001:2015 Certification. Since its inception, CapSavvy has added many feathers to its cap. A few of the highly prestigious awards include:
Nominated as Best Service Brand for quality excellence jointly by CNBC Awaz, Benchmark Trust, and BSE Recognition of CapSavvy’s initiatives by the DIPP, MoCI, Govt of India Gained recognition from Central Vigilance Commission, GoI for its efforts in following good governance & ethical practices Won Frontrunner Award in the category of Professional Services, at the International Trade Council’s Annual Go Global Award Ceremony, USA
THE MOTIVATIONAL FACTORS The biggest motivating factor for Anil, that drives him and his team at CapSavvy is his passion for making a notable difference across the world. Furthermore, Anil is inordinately inspired by his father due to his Satvic lifestyle, his deep understanding of business at the grassroots level, and his ethical practices & traits. His father, whom Anil considers his guiding angel, has been able to inculcate these traits to the entire family and Anil actively follows these traits in his daily routines. Anil is deeply influenced by two grateful personalities from the Indian financial sector. Mr. DK Mittal former IAS Office, former Revenue Secretary, former Commerce Secretary, and former RBI Director Mr. Debasish Mallick, former DMD, Exim Bank, MD & CEO, IDBI Asset Management Anil is fortunate to work directly under them for more than a decade. Their decision-making abilities and ‘Thinking out of the box’ mindset have always motivated Anil to formulate result-driven strategies thereby producing incredible results.
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SANJAY DUTT MASTERING THE ART OF PASSIONATE LEADERSHIP IN TATA REALTY
To make a successful decision, one should always consider the ramifications of the decision in terms of opportunity, value, and scope.
SANJAY DUTT
MD & CEO, Tata Realty
importantly, noticed that he was able to build something that was self-motivated for a larger objective. He learned the importance of building a motivated agile team with a drive of a startup. The biggest lesson that he learned was “cash flow management”. We connected with Sanjay Dutt, the MD and CEO of Tata Realty to gain more insights into his exhilarating journey, his brand, and future plans.
What steps did you take to develop yourself as a CEO?
Right from an early age, I learned that one needs to excel at what they do and there is no shortcut in life. I chose to learn by studying hard and scoring good grades in college. I chose the services sector as a career focused area and considered consulting to gain a complete perspective of the Real Estate industry. This was of paramount importance because I wanted to pursue that for the rest of my life.
T
he moment you think that you want to achieve something big in life, you turn on the courage and determination to kick start your journey. Sanjay
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Dutt was a young dreamer like many youths in this country when he started his challenging yet exciting professional journey. He developed his entrepreneurial foundation with his own business, learned to accept failure, overcome challenges but most
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I was amongst few to initiate “office brokerage” as a segment in India and then went to complete my 30-year journey as a pioneer in the consulting world to become the first one to start new service lines such as Land & Industrial, Corporate Monetization, Capital Markets, Retail, Landlord Representative and Strategic & Occupier Consulting. However, the key challenge was to launch and then mentor as a leader to take over each of these businesses.
SPOTLIGHT My next emphasis was on how to turn around “weak” businesses like residential and elevate areas where I had no technical knowledge such as Project Management and Property Management. I soon realized that there was nothing else left to do in the sector. The management chose me as a natural fit for the CEO’s role. I also felt that I need to learn all key markets and therefore, decided to work in metropolitan cities like Delhi, Mumbai & Bengaluru, and the top 10 cities including a few international markets. Over and above that, I strongly believe in performance culture and the growth of all those who work with me. I always follow the principles of Transparency, Trust, Hard work, and Integrity (TTHI).
Share the lowest point in your life and how you defeated that situation to be where you are now?
All my career changes were at the time of recession. Stated with “dotcom” burst in 2000 followed by GFC in 2008 and subsequently real estate cyclical downturns of 2012, 2016, and 2018. I find myself home when it comes to the lowest point for the sector and the organization. This becomes my lowest point. I believe one can only be better by facing the worst and it makes it easier for me to earn respect and credibility from my colleagues, shareholders, and stakeholders. I never had it easy and loved every bit of it.
What is your leadership philosophy? What factors do you keep in mind while taking business decisions?
I believe that business growth is always driven by people; business decisions bring their own set of challenges. To make a victorious decision, one should always keep in mind the consequences of the decision in terms of opportunity,
value, and scope. Additionally, one must also ensure that it benefits every stakeholder of the company, from employees to investors and senior management.
Briefly describe your company and the products or services you are offering.
Tata Realty and Infrastructure Limited (TRIL) is a Real Estate company – a 100% subsidiary of Tata and Sons Private Limited. The business is divided into two parts, residential and commercial. The residential aspects look into creating residential assets (Homes) for people across segments pan India. From studio apartments to penthouses, TRIL has been one of the leading developers in the country. From a commercial standpoint, TRIL has created game-changing commercial spaces that elevates India’s positioning for global companies. Since its inception in 1984, TRIL is establishing itself as one of the key players in the Indian Real Estate Industry. The company’s operations span across different aspects of real estate development like land identification and acquisition, project planning, designing, execution, marketing & sales, property services, and estate management.
Elaborate on the offerings of your company. What makes its products worth the investment?
TRIL has always been a people and employee-driven company, and it is always considered over traditional developers because of the quality and trust it has built over the years. The products are created after intense research to address the demand of the region TRIL expands in. These assets later offer better value on investment when compared to peers. From a commercial standpoint, the company has always been most awarded for critical thinking and
end-to-end solutions for national and international brands. Our wellness-centric approach has always made TRIL’s commercial assets one of the most premium and preferred assets over traditional commercial properties.
How important it is to keep an eye on one’s competitors? How do you assess and manage the competition around TRIL?
Innovation is the key to driving resilient business growth, which TRIL has successfully been doing for decades. Competition only makes you stronger and more efficient, eventually leading to an inclusive business growth and development. Furthermore, our research-driven approach helps us analyze the market sentiments, requirements, and solutions that could potentially bridge the gaps in the region.
Shed light on the clientele of your firm. How do you develop strong & positive client relationships?
Global companies such as Amazon, AstraZeneca, Citi, TCS, Cognizant, HP, Infosys, Philips, Fidelity, Cisco, and many others are some of our esteemed clients. The approach has always been quality and valuedriven. Without a doubt, it has worked for us.
What are the core values of your company? How do you establish efficient coordination and meditate on the company’s values within all levels of the organization? At Tata Realty, we are committed to delighting our customers by improving their quality of life. We commit to continuously improving our processes and adopting ethical practices by engaging our employees and stakeholders. We endeavor to surpass statutory and regulatory standards applicable to our industry.
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CNBC Real Estate Award for Best Commercial Property in Chennai, 2013 Export Excellence Award from MEPZ WELL HSR certification Intellion Edge Gurugram Awarded with Platinum rating under LEED by Indian Green Building Council (IGBC) WELL HSR Certification Intellion Park Gurugram Pre-certified LEED Platinum USGBC Intellion Square Gurugram WELL HSR Certification
OUR VALUES ARE AS FOLLOWS: Be Responsible: We are accountable for our actions. We empower people and practice sustainability. Unite to lead: We are the leaders in our industry by being an agile, innovative, and collaborative team. Inspire Trust: We are fair and transparent. Lead through excellence: Excellence is at the heart of everything we do. Delight Customers: We are highly empathetic to the needs of the customers and provide an exceptional customer experience.
Shed light on the mission of the company. What is its long-term strategic vision? Tata Realty works with a mission to improve the quality of life of the communities we serve globally through long-term stakeholder value creation based on Leadership with Trust. The company’s mission as a real estate development company is “to delight customers by providing quality life spaces through continuous innovations”.
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The core objective of Tata Realty is to create a real estate development business that offers worldclass property development skills while maximizing financial returns. The company is highly recognized for its quality construction, ethical and transparent business practices, and high standards of maintenance of properties. It has also partnered with internationally acclaimed architects & design consultants and pioneered the concept of property development by corporates in India.
Mention the awards and milestones received by your company so far.
Tata Realty has been one of the most awarded real estate companies in India. Some of the coveted honors achieved by the company are as follows: Ramanujan IT Park
In your opinion, what defines success? What is your secret to success? Success, in my perspective, is defined by the success of our employees, people, colleagues, and stakeholders. My emotional compass is to inspire each person to achieve their personal and professional goals by instilling confidence, dignity, and pride in them. According to me, the key to success is “people”.
What has been the biggest motivating factor of your life?
I self-motivate through the success stories of stakeholders and my organization. The more difficult the challenge, the more excited I get. I always believe in finding solutions and moving forward. I have taken assignments in the worst of times and have been fortunate to deliver them successfully.
CMO ASIA Award, Singapore – Environment-Friendly Project of the Year (Commercial), 2014 Awarded with Platinum rating under LEED by Indian Green Building Council (IGBC) CMO Asia Real Estate Award for India’s most admired IT Project for 2015 -16
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SPOTLIGHT
We are a house of brands creating brands and products to serve millennial concerns while serving a greater purpose.
Alagh SERVING MILLENNIALS VIA BRANDS WITH PURPOSE
T
he secret to success is constancy to purpose. “The vision was always to create a purpose-driven brand for millennials that serves a millennial problem through our product and initiative,” asserts Varun who believes that purpose is above anything else. Driven by purpose and passion, Varun Alagh along with his spouse Ghazal Alagh founded Honasa Consumer Pvt. Ltd. in 2016.
Prior to establishing today’s highly acclaimed company in 2016, he served at many world-renowned FMCG companies in different sales and marketing roles. He started his career with Hindustan Unilever, a consumer goods company, and has been listed amongst the top managers for two years consistently in the company. His curiosity to explore more into the world of marketing took him to Diageo Plc where he managed World’s No1 spirits brand Smirnoff for India. Thereafter, he worked at Coca-Cola and managed consumer marketing for Coca-Cola across India and southwest Asian countries.
VARUN ALAGH Co-Founder & CEO Mamaearth
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SPOTLIGHT Varun holds a Masters degree in Finance and Marketing from XLRI, Jamshedpur, and Bachelors in Engineering from Delhi College of Engineering (DCE). As Varun believes in always exploring more about businesses and sharpening the needed skills, attitudes, and values through practical education, he worked with companies like Colgate Palmolive, Havells Electric, Madura Garments, Maruti & Nokia under internships & live projects during his education. The creation of a babycare product startup by the power couple has today become everyone’s favorite personal care brand. Varun has a lot to mention about his business venture and his journey of becoming a CEO:
Give us a glimpse of yourself and walk us through your journey on becoming a CEO. The objective was never to become a CEO. The journey started with a personal experience. When Ghazal and I had our first child, we started looking for chemical-free products for our baby, but we could not find options that were easily available in India. We mostly ended up importing baby care products or asking friends to bring them, which was both expensive and time-consuming. Identifying this gap, we decided to create Mamaearth and venture into ‘Toxin-free’ baby care products. While we started as a brand for baby care products, we soon realized that most millennials were looking for safe and toxinfree products for themselves too. Hence, we diversified into personal care products for adults as well.
Briefly describe your company and the products or services you are offering. Honasa Consumer Pvt Limited (HCPL), is a digital-first consumer brands company creating the FMCG conglomerate of the future. A company built on the values of Honesty, Natural ingredients, and Safe care, HCPL caters to the needs of millennial consumers
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our products. This is what distinguishes us from other brands in the market.
How important it is to keep an eye on one’s competitors? How do you assess and manage the competition around your company? For us, the consumer is at the center of our business, and being a D2C brand, we are constantly connected with them. We speak to our consumers at constant intervals, and this helps us understand the consumer sentiments and requirements along with feedback on the product and how to better it. Since we get first-hand feedback, our feedback-driven innovation cycle is faster and stronger. through innovative products, evolved propositions, directto-consumer marketing, and e-commerce fulfillment. Currently catering to over 1000 cities in India with brands like Mamaearth, The Derma Co. & Aqualogica, HCPL is building an ecosystem that helps benefit the consumers and community at large.
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Elaborate on the offerings of your company. What makes its services/products worth the investment? Mamaearth is a purpose-driven toxin-free brand with products made using natural ingredients. Consumers connect with us through our purpose and buy into our philosophy while buying
Shed light on the clientele of your firm. How do you develop strong & positive client relationships? We are a house of brands creating brands and products to serve millennial concerns while serving a greater purpose. We strongly feel that millennials have become
conscious of the choices they make for themselves and the environment, and hence they buy into our process before the product.
Shed light on the mission of the company. What is its long-term strategic vision? When the company was established, the vision was always to create a purpose-driven brand for millennials that serves a millennial problem through our product and initiative. I want to see Honasa Consumer Pvt Limited becoming a billiondollar value House of brands in the next 5 years.
Mention the awards and milestones received by you and your company so far. The Times of India Most Valued Mother & Child Brands 2020- Mamaearth Nielsen BASES Breakthrough Innovations 2020 - India Winners- Mamaearth The Economic Times Best Brands 2019 – Mamaearth
Varun Alagh-ET 40Under40 Providing the entire nation with natural, toxic-free, and dermatologically tested personal care products since 2016, Mamaearth has successfully established itself as a trustworthy company in the organic products industry. The power couple–Varun and Ghazal Alagh envisions a much brighter future for their company in the next 5 years.
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REPORT GLOBAL INCOME AND WEALTH INEQUALITY, 2021
Top 10% Top 1%
H
elene D. Gayle has rightly said “The difference between rich and poor is becoming more extreme, and as income inequality widens the wealth gap in major nations, education, health and social mobility are all threatened.” The unexpected crisis created by the Covid 19 disturbed the entire economy; the impact of the pandemic can still be seen. It shut down many sectors of the economy, which in turn affected the livelihood of many around the globe. The gaps between rich and poor is widening. Economic inequality is rising. Economic Inequality refers to the unequal distribution of income and opportunity between different groups in society. A sharp rise in income inequality not only increases social and political concerns but economic ones as well. A recent report published by The World Inequality Lab, a research center at the Paris School of Economics highlights the level of global economic inequality prevailing today. It presents comprehensive data on inequality at the global level.
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Here are some notable points from the report:
1% global population stands at 19%. Their wealth is 38%.
THE COMPOSITION
GLOBAL INCOME DISTRIBUTION
To describe the extent of global inequality, the report focuses on the shares of income captured by different groups of individuals in the income distribution worldwide. It focuses on the income or wealth distribution across the global adult population of 5.1 billion individuals as of 2021. The bottom 50% of the adult population, or the poorest half of the world population today consists of 2.5 billion individual adults. The middle 40% represents the population earning more than the bottom 50% and less than the top 10%. The top 10% is made up of 2 billion adults. The global 10% represents one-tenth of the world population i.e. 517 million adults. The global 1 percent are the richest 51 million individual adults. In the year 2021, The global bottom 50% population captures 8.5% of total income measured at PPP (Purchasing Power Parity) and owns 2% of the wealth. The middle 40% owns 39.5% of total income and 22% of the wealth. The global top 10% owns 76% of household wealth and captures 52% of total income. The total income of top
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In the year 2021, the global income amounts to $122 trillion, while global net wealth stands at six times this value, i.e. €510 trillion. The global average income per adult in 2021 is $23,380 or PPP $1,950 per month, while the average adult individual owns $139,000 in net wealth. These average values mask prominent inequalities between countries and their citizens. If all the income are split equally worldwide, i.e. if everybody earned $23,380 per year, then the global bottom 50% of individual adults would have captured 50% of the global income. Likewise, the global top 10% would have captured 10% of the total income. Today, the global bottom 50% captures a very small portion of the global income i.e. only 8%. What does this mean? This means that, on average, the bottom 50% earns slightly less than one-fifth of the global average, i.e. €230 per month or €2,800 per year. The global middle 40% earns 39% of the total. Its income
Source: World Inequality Report 2022
is €1,375 per month (€16,500 per year). The global top 10% earns 52% of the total. Its average income lies at €7,300 per month(€87,200 per year).
GLOBAL WEALTH DISTRIBUTION
Inequality within countries Global Income Inequality The average income in Sub-Saharan Africa is 0.3 i.e. 30%. South and Southeast Asia earn 0.5 i.e.
50% of the global average income. Latin America, Russia & Central Asia, and East Asia earn 82%, 104%, and 117% average incomes respectively. In Europe, the ratio reaches twice the global average
AVERAGE INCOME ACROSS WORLD REGIONS, 2021
The statistics concerning global wealth are more unfortunate than global income. The poorest half (bottom 50%) of the world owns just 2% of the total net wealth while the richest half owns 98% of the total wealth on the planet. The bottom 50% owns €2,900 of assets (land, housing, cash, or other deposits). The middle 40% owns just 22% of the wealth; an average of €40,900 per adult
Source: World Inequality Report 2022
AVERAGE WEALTH ACROSS WORLD REGIONS, 2021
The top 10% owns 76% of the wealth; an average of €550,900 per adult
GLOBAL INCOME AND WEALTH INEQUALITY BETWEEN COUNTRIES
The global income and wealth inequality between countries has two aspects: Inequality between countries or regions
Source: World Inequality Report 2022
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REPORT i.e. 215%. In North America, the ratio is three times higher which means that North Americans earn 10 times more, on average than sub-Saharan Africans, South and Southeast Asians. East Asians earn almost half of what Europeans earn. Global Wealth Inequality As per the findings of the report,
the wealth disparities between rich and poor countries are higher than income disparities. SubSaharan Africans, South and Southeast Asians, and Latin Americans own just 30-60% of the global average wealth. The Middle East and North Africa (MENA) and Russia & Central Asia own 54% and 142% of average wealth. Europe
TOP 10% AND BOTTOM 50% INCOME SHARES IN INDIA, 1900-2021
and North America stand tall at 230% and 390% respectively. It is often argued that poor countries are poor because they do not use their capital resources efficiently. However, the argument is incorrect. Poor countries are comparatively better off in utilizing capital resources but have very little capital to start with.
INEQUALITY OUTLOOK
INCOME & WEALTH INEQUALITIES: INSIGHTS INTO INDIA
India was ruled by the Britishers for almost 200 years. Its income inequality was very high during 1858-1947, with a top 10% income share around 50%. Post independence, the five year plans contributed to reducing this share to 35-40%. Although, from the 1980s, the policies of liberalization and deregulation led to the most significant increase in income, but the top 1% has enjoyed the larger benefits. The growth among low and middle income groups has been relatively slow.
Top 10%
Source: World Inequality Report 2022
The average national income of the Indian adult population is €PPP7,400 or INR 204,200. While the bottom 50% earns €PPP 2,000 or INR53,610, the top 10% earns
WEALTH DISTRIBUTION IN INDIA Source: World Inequality Report 2022
Top 10% €PPP 42,500 or INR1,166,520 which is 20 times higher. The top 10% and top 1% hold 57% and 22% of total national income. The middle 40% and bottom 50% share of total income is 29.7% and 13% respectively. Regarding wealth inequality, the average household wealth in India is equal to €PPP35,000 or INR983,010. The bottom 50% owns almost nothing i.e. 6% of total average wealth. The middle
class is also relatively poor with an average wealth of only €PPP 26,400 or INR723,930, 29.5% of the total. The top 10% and 1% own respectively €PPP 231,300 (65% of the total) and over €PPP 6.1 million (33%), INR6,354,070, and INR32,449,360.
FINAL WORDS
Over the last two decades, global inequalities between countries have declined but the income inequality has increased within
most countries. The need is to address this burgeoning challenge of income and wealth inequality. It is not ‘feasible without significant redistribution of wealth and income inequality’, as argued by the author of the report. Source: The report draws insights from “World Inequality Report (WIR) 2022” published by The World Inequality Lab, a research center at the Paris School of Economics on December 7, 2021.
Source: World Inequality Report 2022
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INSPIRING
CEOs
AVKASH KAKDIYA FLYING HIGH WITH SELF-BUILT ENTREPRENEURIAL WINGS
We always contribute to clients’ ideas and try to move them to the next level. Helping them reach new heights of success is our ultimate goal.
AVKASH KAKDIYA
Founder & CEO, iTechNotion
business since his school days. He completed his BSC in Biotechnology but destiny had chosen a different path for him. To chase his dreams, he decided to pursue Masters in Computer Application (MCA) from Gujarat University that advanced his theoretical and practical knowledge about computer application development. His appetency to start a venture of his own led to the creation of an IT Solutions company, iTechNotion in 2011 during his college days. After completing his Masters, he started working in a small office at home with his first employee. When a business built with blood, sweat, and tears started reaping benefits, Avkash never looked back. Today, with an experience of more than a decade, iTechNotion has dealt with 2000+ customers worldwide and completed 5000+ projects with a team of 75+ professionals, and has branches in India, Australia, and the United Kingdom.
THE HURDLES FACED
W
e often hear “Trust in dreams, for in them is hidden
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the gate to eternity”. Avkash Kakdiya, the Founder and CEO of iTechNotion was destined to touch the sky with his self-created and thoughtfully painted wings of entrepreneurship. Avkash always dreamt of running and managing a
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Avkash founded iTechNotion in Anand, Gujarat but he decided to shift the company to an economic and industrial hub Ahmedabad in 2014 to scale new heights but things didn’t go as planned. “At that time I had 90% revenue coming in from only 3 clients. Unfortunately, I lost all my clients as their projects finished within the first 2 months of shifting. The expenses increased by 200% and revenue fell down by 90%,” Avkash recalled. The brain suggested quitting the passion while the heart was pushing Avkash to fight back and
conquer. The transition to trusting the heart was very challenging and emotionally draining. Life’s problems wouldn’t be called ‘hurdles’ if there wasn’t a way to get over them. Avkash refueled himself, changed strategies, and started focusing on bringing in more clients. Ultimately, his relentless efforts helped him bring everything back to normal.
LEADERSHIP PHILOSOPHY A Win-Win situation is the best of both worlds. Avkash, as CEO of the company, is a strong believer in creating win-win situations. As he believes, a win-win philosophy for clients, collaborators, and employees is always worth the effort.
iTechNotion provides an exclusive range of services. These are as follows: Product Development Web App Development Mobile App Development IoT based App Development Chatbot Development Enterprise Mobility UI/UX Development Digital Marketing The company also provides the simplest solutions to complex problems by offering these products:
We, at iTechNotion are a group of likeminded individuals working together towards a common goal of delivering top-notch services and bringing satisfaction for the clients. AVKASH’S DEFINITION OF SUCCESS
Poros.app (World’s First iBeacons and GPS-based attendance app.)
According to Avkash, success means attaining satisfaction. For him, it is a peace of mind which is a direct result of self-satisfaction in knowing that you did your best for your clients.
“When you come to the fore with the attitude of helping others and assuring good quality services to them, you immediately compound the influence, effectiveness, hard work, and results of everyone involved. Furthermore, win-win decisions significantly nurture and strengthen relationships,” Avkash mentioned.
vConnect (Video conferencing solution for corporate)
“When you are satisfied, you are successful,” Avkash remarked.
ITECHNOTION: AN EMINENCE IN IT SOLUTIONS
vFit (Virtual Fitness app for trainer and trainee)
iTechNotion is a highly acclaimed IT Solutions company with an excellent team of website development professionals who are experienced enough to design and develop websites of any complexity. It is a leader in Agile & Product Management with an intention to meet clients’ needs. “Since its inception in 2011, it has executed 5000+ projects for over 500+ customers worldwide. We are proud to be part of Fortune 500 companies in India and have Australia as technical partners. Few of our customer’s products have got multiple fundings while some customers have successfully applied for patents in the USA,” Avkash mentioned. With the vision of turning great ideas into the next big thing,
vClass (Virtual Classroom app for schools) vDoctor (Virtual appointment booking app for doctors and patients) vServ (On-demand servicebased app)
THE MOTIVATIONAL FACTOR Avkash finds his motivation in entrepreneurial legend Steve Jobs. He is intrigued by Job’s philosophy to invent products that are at the intersection of art, technology, intuitiveness, and design.
WHAT MAKES ITECHNOTION UNIQUE?
Avkash also credits his father who helped him develop inordinate entrepreneurial skills such as decision making, adaptability, vision, and risk-taking capabilities.
Avkash keeps himself and his team updated on the latest technologies and industry trends and tries to implement them in every project they handle. While leveraging existing technologies to the company’s benefit, Avkash keeps a watchful eye on emerging technologies.
While earning profits is always an ever-present stress, visualizing what to achieve through your business five years down the line is also very important. Avkash has that vision in his mind’s eye. He envisions creating employment for over 1000 employees in the next five years.
Phonic (Audio social network app)
THE CORE VALUES Avkash ensures faster delivery of products and services without compromising on quality. He believes that any service should deliver value for money and satisfy certain expectations in the minds of customers.
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INSPIRING CEOs
DR. VP SAJEEVAN PIONEERING THE BLISTERING GROWTH OF THE DIGITAL IMAGING INDUSTRY
The journey to finding and managing ESY India wasn’t easy but perseverance, hard work, and the ability to take strategic decisions pulled me through.
DR. VP SAJEEVAN
Founder & CEO, ESY India
A
Dr. VP Sajeevan’s journey from the small town of Palakkad district in Kerala to the world of entrepreneurship has been a fascinating one. His career started with a firm called Systems Marketing and Services – one of the pioneers in Data Computing and Networking where he learned value systems, processes, and trends under the mentorship of Dr. R. Santhanakrishnan which helped young Dr. Sajeevan to gain perspectives and integrate processes in his working habits. Today, Dr. Sajeevan is one of the leading experts in the Digital Imaging industry in India and has worked with big brands like XEROX and Canon in the past. He is now heading ESY India, a complete Point Of Service Company in India. He has worked with Canon India for over 14 years. During his stint as Group Director, he was instrumental in taking Canon to an undisputed leadership position in the IT industry. His special thirst for consumer experience helped to bring vast changes in the brand’s market approach and eventual acceptance by the industry and customers. After a long stint with Canon, he moved to leadership consultancy for a few leading brands in Asia.
MORE ABOUT THE ARDENT LEADER mbition is the epicenter of perseverance through which accomplishments
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spell success. It is a highly potent word. If channeled correctly, it’s the motivator to a satisfying life. These lines perfectly summarize the success story of an ambitious and fervent leader Dr. VP Sajeevan, the current Founder and CEO of ESY India.
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Dr. Sajeevan holds a Masters in Economics from the University of Calicut and is a Post Graduate in Business Administration from Bharathiar University in India. He completed his Doctorate in Management from Aldersgate University, Dublin. He is in the
Governing council of MAIT in India (Manufacturers’ Association for Information Technology) and is also associated with top management institutes in India and abroad as a leadership speaker and consultant for Digital Technology.
THE LEADERSHIP PHILOSOPHY Dr. Sajeevan centers his life around three Ts- Trust, Transparency, and Tolerance. Trust: Dr. Sajeevan trusts his instincts to take big business decisions. He also believes in trusting his employees, partners, and stakeholders in what they do as giving ownership sometimes, according to him, can do wonders. Transparency: Transparency sets the stage for an honest and longlasting relationship with customers and therefore maintaining transparency holds pivotal importance in Dr. VP’s business life. Tolerance: It isn’t just a buzzword in Dr. VP’s mind. For him, tolerance to mistakes is a ‘learning by doing’ approach that creates an effective approach to exploration.
ABOUT ESY INDIA: A LEADING POS COMPANY ESY India is the Indian arm of Pineapple Resources Berhad (PRB), Kuala Lumpur, Malaysia (ESY Group of Companies). In 2012, ESY India was given the responsibility to build and establish the ESY brand in India and SAARC Countries. Ever since, ESY India, under the strategic, astute, and able leadership of Dr. Sajeevan is taking giant strides in the digital imaging industry, thus emerging as one of the leading POS companies across the nation. Since its inception, it has launched many high-quality POS printers and scanners. It has redefined the landscape of affordable printing in India with its first revolutionary product– ESYINK. To expand its horizons, it shifted from consumable to manufacturing master products with its POS
division– ESYPOS which includes products ranging from an entrylevel barcode scanner to the high-end All-In-One POS Terminals. Furthermore, ESY Group has recently launched Templelinks Private Limited, an initiative to connect Temples and Devotees through an online platform.
He recalls the days when he felt stranded and distressed after quitting a well-paying and stable job at Canon. Although he had decision-making rights in the company, he was not the main pedestal on which the entire organization relied.
In Dr. Sajeevan’s words, “Our business, since its establishment, has been on a growth trajectory, ” and he is certain that this will continue assuredly.
The thirst to formulate and execute strategic decisions was quenched when he founded ESY. The journey wasn’t easy but perseverance, hard work, and the ability to take strategic decisions pulled him through.
THE CLIENTELE
FEATHERS IN THE CAP
ESY India deals with three different verticals, the first being corporates such as Haldirams, Liberty, Flipkart, Swiggy, Amazon, and various nationalized banks. Another area of focus is government tenders and big orders which help the company grow its revenue multifold. The third and the most important vertical is the Dealership network that helps the company to stay in constant touch with the end-users on a daily basis.
THE CORE VALUES ‘Making Life Easy’, the tagline of the company clearly communicates the core value of ESY India. “We are committed to making the lives of our stakeholders, consumers, employees, business partners, and the society easier by facilitating the delivery of top-notch products and services as they hold the ultimate power,” Dr. Sajeevan mentioned. Furthermore, Dr. Sajeevan fosters the tenets of timely planning and a deep understanding of the market situation, helping the company to create products that are the need of the hour.
The untiring and relentless pursuit of Dr. Sajeevan has positioned ESY India among the top POS companies in India. It has achieved many milestones and added feathers in its cap over the years. Some of them are: Digital Terminal Award for being the “The Complete POS Retail Solution Brand“ in 2018. Digital Terminal Award for Best POS Printer Brand and Best Barcode Scanner in 2017.
THE MOTIVATIONAL FACTORS Dr. Sajeevan recollects the days when his father Shri Viswantha Menon used to teach him life lessons. His teachings continue to inspire him in every walk of life. Besides, self-satisfaction at the end of the day is also his biggest motivation. He is fortunate enough to find life’s purpose as it guides him in taking life decisions, shaping goals, and creating meanings.
CHALLENGES FACED Dr. Sajeevan’s journey as a working professional has been a mix of big dreams, undying passion, and an infinite amount of optimism. However, he, like others, also encountered many roadblocks when he began his entrepreneurial journey.
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INSPIRING
CEOs
RAVINDER PAL SINGH
A SEASONED PROFESSIONAL AIMING AT DIGITAL TRANSFORMATION Working with cross-cultural and diverse teams helped me master the art of managing multiple personalities and handling customers with distinctive expectations.
R
avinder Pal Singh’s professional life was going on smoothly until he, while working for Cisco and Dell realized that there is a gap in getting digital and disruptive technologies from the right solution providers to solution seekers worldwide. The companies had incredible solutions created by small & medium organizations but due to lack of resources and finances, it was difficult to reach out to global solution seekers in India, the Middle East, Africa, and Asia. The only mechanism available was online reach, which yielded results but did not help to qualify the right solution providers. It was with a mission to create a bridge between solution providers and solutions seekers that Ravinder led the formation of Merkado RHA Technology.
MORE ABOUT THE INTELLECTUAL LEADER
Ravinder hails from the beautiful valley of Kashmir. Since his father was a central government employee, he completed his schooling from different cities. He then came to Bangalore to pursue Engineering. Soon, he got a campus placement in one of the renowned Data Security companies, Nashsoft. He spent the first five years of his life performing different technical roles. He joined Wipro in 2000 as Project Manager and spent his next five years leading complex, ICT projects across India. This led to a tryst in early waves of Digital Transformation projects like e-Choupal India. In 2004, he moved to Cisco and got the
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RAVINDER PAL SINGH President & CEO, Merkado RHA Technology
opportunity to lead and manage large engagements across India, Malaysia, Thailand, South Korea, Vietnam, Singapore, and SAARC for the next 12 years. To boast, he has also worked with key transformational projects like Indian Smart Cities Mission, DMIC, and helped create one of the smartest auto manufacturing plants. He added more to his portfolio when he got to work with innovative technologies like IoT, Smart Cities, IP networks, Data Management, Cloud & DC, and Cyber Security. Working with Dell Technologies also added rich experience in his career as he established and led their Smart Cities and Digital Transformation business. Ravinder, a seasoned professional with 26 years of rich industry experience decided to launch his own revolutionary Digital Transformation Services startup and begin his pathbreaking entrepreneurial journey in 2019.
MERKADO RHA TECHNOLOGY
Merkado RHA Technology is a boutique Transformation Consulting company with a group of highly skilled and experienced professionals helping customers realize their digital transformation vision. Ravinder along with his team, do so by providing the right insights using the right technology solutions and with a clear ROI and planned approach. Apart from Transformation Consulting Services, Merkado’s key offering is Gokkadal - which is world’s first Digital Solutions Exchange Cloud Platform. A cloud-based solution exchange platform, Gokaddal envisions
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revolutionizing the way Digital Solutions are sourced, delivered, and managed. The platform revolved around 4 key areas of Digital Transformation i.e. Automation, Analytics, Artificial Intelligence, and Augmentative.
CHALLENGES THAT WERE WAITING AHEAD
The cultural transformation from different executives’ roles in MNCs to running his own business empire was the toughest challenge to overcome. Another roadblock was to stay on top of the business finances and maintain a positive cash flow and financial stability. Despite all the challenges, Ravinder and his ardent desire to achieve skyrocketing heights in the entrepreneurial world paved the way to building a highly acclaimed IT company.
HIS MANTRA TO SUCCESS
Ravinder follows three mantras to success. In his words, “Honesty, professionalism, and empathy can build a strong and successful organization.” He believes that persistence and patience are the keys to success.
ACHIEVEMENTS
50 Global Smart City Impactful Leaders– 2016, 2017, 2019 Digital Infrastructure Leader of the Decade - 2018 Digital Leader of the year – 2017
THE MOTIVATING FACTORS
Ravinder drives his motivation from great business tycoons like Azim Premji, Anand Mahindra, Ratan Tata, John Chambers, Michael Dell, and many others. The Global Hues | Vol. 2 | Issue 2 | | February 2022
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TECHNOLOGY
RELEVANCE OF STARLINK SATELLITES At least half of the planet’s population today cannot access the internet as conventional internet setups require a huge track of expensive underground cables. Traditional satellite internet is usually provided by a single bus-sized spacecraft. Since only one satellite is meant to cater to a large number of internet users, its data capacity is limited, which also has an impact on its connection speed. If the signal has to travel a long way, there’s a definite lag in speed. This is where Elon Musk and SpaceX come into the scene with Starlink satellites.
ALL ABOUT
ST RLINK
MUSK’S REVOLUTIONARY SPACE VENTURE
The first step is to establish that something is possible; then probability will occur.” -Elon Musk
S
tarlink is the expansive satellite internet constellation from Elon Musk’s Space X that hopes to bring the world high-speed internet and promises no more buffering, and instantaneous internet in every part of the world. Starlink is a globe-encompassing network of satellites that claims to bring the internet to the remotest corners of the world. Starlink was initially announced back in January
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2015. Though it was not named at the time, the company had already filed documents with international regulators to place around 4000 satellites in the lower orbit of the earth. Their complete plan is to send around 42,000 satellites in the next few years. Recently, SpaceX and Tesla CEO, Elon Musk exclaimed that they have around 1,469 satellites active with 272 of them moving to operational orbits currently. Starlink is catering to around 1,45000 users spread across 25 countries.
Starlink is a globe-encompassing network that can bring the internet to the remotest corners of the world. The company is estimated to net about 30-50 billion dollars a year. Musk along with the SpaceX President, Gwynne Shotwell believe that such an amount could single-handedly fund Starlink, Starship, and also SpaceX’s Mars launched infrastructure.
HOW THE SATELLITES FUNCTION
As of early October 2021, SpaceX has launched more than 700 satellites into orbit. It plans to release 12,000 more by the end of 2024. In more time, the SpaceX CEO plans to send in more 30,000 satellites taking the entire number to 42,000. These satellites will be anywhere between 200-400 miles
above the planet in low-Earth orbit. This will highly reduce the connection delay. These Starlink satellites will constantly be on the move so that it provides good connectivity to all places at all times. Several satellites need to be overhead at any given point of time to cover a massive area. A network backbone is created when each satellite connects with all others through laser beams. A pizza-sized antenna is all that one needs to bring the network to one’s home.
DRAWBACKS: BRIGHTER NIGHT SKIES AND SPACE DEBRIS
Experts worry that Starlink satellites may come at a hefty cost for space exploration. Starlink satellites are really bright because they reflect the sunlight back towards the Earth. These satellites look like really bright stars moving in a trail-like motion. As beautiful as it may look, this comes with its problems. These satellites are most visible in the night sky right before dawn and right after dusk which is the exact time when astronomers are hunting for near-earth objects or asteroids. These are the objects that could possibly hit the earth and cause harm. As more satellites go up, so does the fear that they will interfere with astronomers’ work. If Starlink continues being a problem for these types of sky
surveys, space scientists may not have enough time to detect a nearearth objects and thwart them before they cause destruction to the planet. Apart from it being a problem in detecting deadly asteroids, it could obstruct the search for new planets and even black holes. There’s a concern about Space Debris because when you have so many satellites in the closest, tightest, densest orbits around Earth, there is a higher chance that the satellites could collide with each other or with other satellites. This collision would lead up to the creation of space debris which could encircle the planet for years, decades, or even the centuries to come. That debris can then disable or cause other satellites to crash into each other, creating even more debris and this problem will spiral out of control. This effect is also known as the Kessler Syndrome. If we reach that then essentially space becomes too unsafe to access. Although, the risk of a runaway Kessler syndrome is very low but the potential impacts of that are so high that scientists are working extremely hard to control such an event from ever happening. There are many similar projects coming up such as Amazon’s Kuiper project, OneWeb, China’s Hongyan, and other projects that will be competing with SpaceX by launching their own global network of hundreds or thousands of satellites. If there are no regulations around these things soon, there could be 100,000 satellites encompassing our planet within the next 10 years, dramatically increasing the threat of closing off space for everyone.
SPACEX FIXES THE POTENTIAL RISKS POSED BY THE SATELLITES SpaceX realized that it had to do something to fix the potential threats being caused by these satellites. For that reason, Dark Sat was created which is a satellite that has all of its shiny parts covered in a very black and dark material. It also added visors to shield those shiny parts from The Global Hues | Vol. 2 | Issue 2 | | February 2022
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INSPIRING
TECHNOLOGY
CEOs
SHUBHAM AGRAWAL
MAKING A STRIKING DIFFERENCE IN THE DIGITAL WORLD Rather than competing with others, we constantly compete with ourselves and strive to provide more quality work every time aand maintain round-the-year innovation.”
T the ground, however, unless the satellite is completely cloaked (a technology that does not exist), it will continue to be a problem. SpaceX claims that its satellites can automatically move out of the way to avoid collisions. Dozens of SpaceX satellites are already disabled and cannot move at all. Those concerned with Space X’s plans are lobbying the FCC to reign in the company and more strictly regulate low-earth orbit.
FEATURES OF STARLINK Starlink enables video calls, online gaming, streaming, and other high data rate activities. The download speeds are between 100 Mb/s and 200 Mb/s. Users can expect latency to be as low as 20ms in the majority of areas. Starlink is ideal for areas where connectivity has been unreliable if not unavailable. It can be made use of people around the globe to access education, health services, etc.
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HOW DO I CONNECT TO STARLINK? Starlink is available in 25 countries globally, most of which are in North America, Oceania, Europe, and South America. Starlink can be set up in 5 easy steps(1) Finding an open space- In order to get the best speed, Starlink needs about 100 degrees of clear sky above it. (2) Build up the kit using instructions (3) Powering up Starlink (4) Downloading the Starlink app
HOW MUCH WILL STARLINK COST IN INDIA Starlink has recently been in the news for hitting a wall in India where it has been asked by the Indian government to refund its clients and refrain from taking in fresh orders. The company has
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already received around 5000 pre-orders in India but is struggling to get a commercial license. Since Starlink has not been launched in India yet, it’s difficult to predict what its actual cost could be. However, it’s being predicted that the Starlink price would be 1,58,000 for the first year. The base price is expected to be 37,400 for user equipment along with around 7,425 per month for the services. Starlink was also in the news recently for being made a victim of a bitcoin scam wherein third-party companies were posing as official providers and taking payments ‘confidentially’ in Bitcoins. Once it receives the license to provide services, Starlink plans to provide around 100 devices free of cost to schools in Delhi and nearby districts and eventually target around 12 districts across the country.
he digital age is an exponential age, helping businesses to reinvent and transform to develop their unique market and branding. It was with a vision to establish digital presence for many businesses in a small Maharashtrian village Solapur, that Shubham Agrawal, a passionate professional came up with the idea of establishing Agrawal Technologies, a next-generation technology company that helps enterprises reimagine their businesses for the digital age. Shubham Agrawal has completed his B.E in Computer Science and is currently pursuing an MBA. “After working as a freelancer for many years on various international projects and government projects, I realized that many businesses in my hometown city Solapur did not have any kind of digital presence and were relying on companies from Pune, Mumbai, Bangalore, or other metropolitan cities for their digital work,” Shubham explained. With a demonstrated history of working in the information technology and services industry, he laid the foundation of Agrawal Technologies in 2019 with an aim to build unique digital products that help brands grow, attract new customers, and reach new markets with outstanding designs.
ABOUT AGRAWAL TECHNOLOGIES
Agrawal Technologies is an Information Technology & Services company headquartered in Solapur, Maharashtra.
The company provides different services like Digital Marketing, Website Development, App Development, Graphics Designing, 360 Virtual Tour services to the clients of Solapur City. “My aim at Agrawal Technologies is to bring the small and medium scale businesses online and adopt various digital tools to survive in the new age market and compete against the chain of MNCs and big players,” Shubham mentioned. Today, Agrawal Technologies handles clients from more than 30 Cities in India like Jaipur, Hyderabad, Pune, Mumbai, Aurangabad, Kolhapur, Gurugram, etc, and more than 7 Countries in the world like Dubai, United States of America, United Kingdom, Australia, Philippines, and Pakistan among others.
THE CEO’S STRATEGIES
Although IT remains a rapidly evolving market, the competition in this sector is fierce. “There is strong competition in our work field than in any other business,” Shubham mentioned. Rather than competing with others, Agrawal Technologies constantly competes with itself and strives to provide more quality work every time and maintain round-the-year innovation. The company provides Competitive Prices, Quality Products, Quick Delivery, and Strong Support to its clients which builds their trust and loyalty in the organization.
THE LONG-TERM VISION Shubham’s long-term vision for
SHUBHAM AGRAWAL CEO, Agrawal Technologies this company is to bring more and more business online, not only from his hometown Solapur but from all 3 Tier cities and villages. He also wants to build Agrawal Technologies into Solapur’s first large-scale Information Technology Company driven by a passionate team hailing from metro cities of the country.
ALWAYS OPEN TO CHALLENGES
According to Shubham, success is doing something that makes you happy, and something that you ultimately enjoy. It also means not taking the path of least resistance, but opening yourself to new challenges that enable you to grow and develop mentally, spiritually, and professionally. Passion is the fuel that keeps a person going when the goals get tough. For Shubham, Passion has always been the biggest motivator. His passion keeps him filled with meaning, excitement, anticipation, and desire to reach greater heights. He has been felicitated with many awards due to his unique approach to success. He was featured in various Local Newspapers, State Newspapers & was awarded by Smart Maharashtra News Channel. He is motivated by many great personalities like Muhamad Ali, Steve Jobs, Ratan Tata, Dhirubhai Ambani, and many such leaders. Shubham’s consistent passion is helping him stay one step ahead of his competitors and convert Agrawal Technologies into a profitable venture.
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INSPIRING
CEOs
VAIBHAV AGGARWAL AN INTELLECTUAL INDUSTRY LEADER WALKING THE TALK SINCE YEARS The zeal & ardent interest to do something on my own and empower the society at large paved the way to becoming a CEO.
VAIBHAV AGGARWAL
Chairman & Director, Yuva India Foundation
a consummate professional, however, it wasn’t easy at all. From sketching the roadmap to growth to creating business development pipelines, Vaibhav worked relentlessly to emerge as an industry leader in the corporate world. Popularly known as Tiger, Vaibhav Aggarwal currently serves as the Chairman and Director of Yuva India Foundation and also serves on the board of Blade-BRAINS Group, as Chairman. “My learning of becoming a CEO is nothing more than that of perseverance and resilience. I didn’t even give up on my friends and family. Our resilience, perseverance, and persuasiveness made me stronger, thereby helping my vision to grow stronger each day,” Vaibhav explained. These elements of success, made him overcome lot many hurdles and made him to emerge victoriously which allowed him to create the space that he wanted for his organizations.
THE ‘NEVER GIVE UP’ APPROACH
A
Everyone faces low points in their career, Vaibhav faced them too. While sharing the brutal experience of his life, Vaibhav said “I hit rock button when my business partner stole my entire business”. CEO’s journey has more scars than trophies as it involves wearing many hats &
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figuring out which ones to try on, learning & taking big decisions, and above all, keeping a tab on budgeting and spending. Vaibhav Aggarwal’s journey as a CEO has been no different. His roles and responsibilities have made him
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Life went harsh when he faced another low point in his life. “A high-profile client in the business of Yellow Pages refused to pay us for the services that we provided them and invested for,” Vaibhav recalled.
But it is often said that when we hit low points in our career, we open up to our greatest change and success. Vaibhav follows the same approach. He never gives up; rather stands up, fights the battle, and thus finds his victory right around the corner.
LEADERSHIP PHILOSOPHY Vaibhav believes in taking people together with himself while climbing the ladder of success. In his words – “I will never leave my team, and everyone whose been with me in my journey, behind” He always strives for perfection in everything he does as he believes in attempting perfection, which will carry out the activity in a better, result-oriented & productive manner.
ABOUT FLAGSHIP ORGANISATIONS Blade–Brains Group® Blade-BRAINS Group is a consulting firm that bridges the gap between the organization, brand, and consumer lifecycle, thereby creating a subliminal attachment. It concentrates on solving the complex web of issues that a business, enterprise, or even individuals have at hand. It comes together to enable creativity, intelligence, business excellence and deliver capabilities and help in improving the productivity of different organizations. The company has a presence across 8 countries. Its service portfolio includes providing Brand Consulting, Information Technology, Learning & Development Services, Business Management, Advocacy & Representation Including Consulting on Intellectual Property (IP), Trademarks & Patents, Statutory & Legal Strategy, Crisis Management, Financial Services, and Management Consulting Services. Yuva India Foundation Yuva India Foundation is a group of young socialpreneurs trying to bring together thinking and an
empowering thought process. The core objective of the company is to spread awareness about the various government policies and initiatives that are made only to be leveraged by everyone for their growth, collectively. YIF under the guidance of Vaibhav is also a part of different forums across the globe, participating in the formation of public policies that would be beneficial in making society a better place for the greater good and longevity of the community at large. The core values of the Yuva India Foundation stand different and therefore can’t be compared with any organization. Vaibhav has laid down the foundation of the entire organization based on a set of unique values which include community building along with education, awareness, and community’s participation in governance. “At YIF, We focus on delivering to our community. An exclusive set of services delivered to the larger ecosystem in order to achieve a common goal, which for us is the ideal, making the entire effort, mission-based and realizing the completion of a successful mission,” Vaibhav asserted.
THE CLIENTELE While Blade-BRAINS Group® caters to the clients from a variety of segments, creating a commercially Viable and successful ecosystem, Yuva India Foundation compliments the non-commercial activities, by helping to preserve and create a sustainable, social environment in a community whose members come in from varied backgrounds and different strata of society. For Vaibhav, building and maintaining relationships with clients is of paramount importance. Hence, he makes sure that every enterprise he and his team work with reaches heights and has friends rather than having them as just clients.
VISION STATEMENTS Vaibhav has laid strategic visions for both his organizations: Blade-BRAINS Group®: Find solutions to the problems & offer a fix without crisis. To assist clients, enterprises, and start-ups in achieving business success, productively. Yuva India Foundation™: To empower the society at large with social support and public awareness through policy intervention, resulting in empowerment.
THE SUCCESS MANTRA The secret to success for Vaibhav is respecting others. He and his team have a great amount of respect for humans who come together to make a difference in society. They treat them equally and assist them in the every possible way. Vaibhav says – “The universe is Listening to our Karma, It’ll all come back, one way or the other”
THE MOTIVATIONAL FACTORS The biggest motivation is your own thoughts and ideas; that’s what Vaibhav believes in. He is a self– starter and always ready to learn and explore new conceptions. Besides, he finds his motivation in his parents who have helped him respect human values. Moreover, the teachings of Swami Vivekananda inspire and encourage him to fulfill his potential. He is also intrigued by the works of many politicians around him. Vaibhav’s distinctive thought process and his norms of taking everyone along establish him as a distinguished industry leader and a positive thought enforcer, in the cutthroat competitive landscape.
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VIKRAM BANSAL A JOURNEY OF CLIMBING THE LADDER TO SUCCESS
Your lowest point is your greatest opportunity. It holds profound potential.
VIKRAM BANSAL
Founder & MD, Nirvay Solutions
harboring the desire to learn and explore the business line since his college days. After completing his higher education from Giani Zail Singh College of Engineering and Technology, Bathinda (Punjab), he shifted his focus towards creating milestones that would help him move towards his goals. Working in companies like Advance Ventilation and Voltas consolidated his interest in business and taught him the power and strength of having a Customer-Centric Approach. The right mentorship from these companies helped him give wings to his entrepreneurial dream of creating Nirvay Solutions Pvt. Ltd. in 2011.
VIKRAM’S JOURNEY TO BECOMING A CEO
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Vikram’s first job was with Advance Ventilation. The mentorship lessons by the Founder of the company, SK Chaudhary helped Vikram expand his knowledge base of the corporate world. He started his second job as a Sales Engineer with Voltas. “It was a great learning experience for me as my manager Ashwani Sharma groomed me to become a team leader,” he said. His consistent approach towards learning and exploring business lines eventually led to the foundation of Nirvay Solutions.
ikram Bansal, the Managing Director and Founder of Nirvay Solutions Pvt. Ltd. has had
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a humble journey to success. Focused and passionate from an early age, Vikram knew no boundaries could stop him from achieving his dreams. He always had the desire to do something out of the mainstream. He had been
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As the Founder and CEO of Nirvay Solutions Pvt. Ltd. he was made to shoulder a large number of responsibilities. As a first-generation entrepreneur, the guidance that he received from both his mentors was of primal importance as it taught him the importance of being passionate about his goals. The willingness to explore new
opportunities towards growth led him to seek professional help from Rahul Jain, Business Coach, and Suresh Manshramani, OKR Coach. This constructive support propelled him to develop himself as a CEO.
LEADERSHIP PHILOSOPHY The core leadership philosophy of Vikram begins with a more human approach to business. There is ample coaching and mentoring of the team members to ensure the growth of leaders within the team. He believes that it is the leader’s job to actually bring out the latent greatness that lies dormant within an employee.
NIRVAY SOLUTIONS PVT. LTD. AND ITS SERVICES Nirvay Solutions Pvt. Ltd. is a system integrator, and air and energy management support organization. Since its inception, the company has been able to garner enough credibility by serving its clients. With a prime focus to offer state-of-art products and services to clients so as to reduce their operational energy costs, the company has over 100 projects to talk about. It offers solutions for the HVAC system, especially in the plant room. Furthermore, it is the authorized sales and service partner for Armstrong pumps, Daikin Chillers, Belimo valves, and ABB speed drives & RUKS make IAQ products.
NIRVAY SOLUTIONS PVT. LTD. STANDS OUT FROM THE REST Nirvay Solutions Pvt. Ltd. ensures efficiency by minimizing human interface in operations as much as possible. It has been noticed that even with the best of the technology & product installed, organizations still suffer on account of ‘operational cost’ due to improper integration of the products and lack of operational direction. Dependency on the human interface in operation and lack of analysis at the micro-level results in poor indoor air quality and inflated energy bills. Improper water and air balancing are also one of the major reasons for inefficiency in
the HVAC system which otherwise is a unique combination of energy-efficient products. Gaps of awareness around equipment integration and operation result in energy loss. This also affects the efficiency and life span of the equipment. Nirvay Solutions Pvt. Ltd. identifies the bottlenecks in the operation of the system and supports SMART analysis and energy-efficient products with intelligent controls and automation systems, delinking the human interface in operation.
KEEPING AN EYE OUT FOR COMPETITORS
The company believes that competition is an inevitable part of the business ecosystem and can be an effective tool for growing and encouraging new and improved services for its clients. Nirvay Solutions Pvt. Ltd. thrives to highlight the distinctive quality in its services to stand out amongst all the competitors in the market.
THE CLIENTELE
Being an integrated service provider, Nirvay Solutions Pvt. Ltd. caters to a diverse clientele, from building and business owners to MEP design consultants, MEP contractors, architects, Project Management companies, and many others.
Our team practices in-depth research within the industry regarding new technologies and always takes consistent feedback from the clients. This, in turn, helps us to create and nurture a long-lasting customer relationship, build trust and a stronger bond with our clients. VISION FOR THE BRAND Vikram desires to create a team of competent people who add efficiency to energy requirements
with appropriate technology. His major goal is to build his company as the top service provider and consultant for the ‘energy-saving and sustainability in heating, ventilation and air conditioning’ domain in the next three years.
TURNING LOWEST POINTS INTO OPPORTUNITIES “Your lowest point is your greatest opportunity,” says Vikram Bansal. There were times when he was told by his peers that he would not be able to sustain in the Industry. However, these words did not hold him back but boosted his self-confidence in his abilities further.
THE GO GETTER APPROACH According to Vikram Bansal, success is simply a fuel that powers individuals to drive further and thrive higher. He believes that the secret to success is to be consistent in the persuasion of one’s goals and have complete faith in one’s beliefs. His major inspiration has been Sir Ratan Tata, from whom he wants to imbibe the qualities of being relentless with one’s efforts and being a compassionate leader.
MILESTONES ACHIEVED Vikram Bansal’s praiseworthy work has helped him achieve many milestones. He was chosen as “one of the 10 most promising managers in Voltas globally” from 200 participants who contested for the award. This affirmed his ability to emerge as a team leader and create a brand of supreme importance and grow it expansively. “Yesterday’s home runs don’t win today’s game”, a quote by Babe Ruth is the mantra that Vikram Bansal lives by. Vikram believes in continuous improvement and always focuses on planning the next strategic move in the highly competitive business environment.
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BUSINESS
AIR INDIA BACK HOME TO THE TATAS
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t was on January 27th, 2022, that the union government officially transferred its shares, control, and management in Air India to Tata Sons subsidiary. Tata Sons SPV has emerged as the successful bidder for the sale of equity shareholding of GOI in Air India.
A special message was relayed to passengers on all its flights a day after the Tata Group took over Air India. The operation’s department of the airlines revealed that the following message would be read by Air India pilots on every flight departing from now onwards“Dear Guests, this is your Captain speaking… Welcome aboard this historic flight, which marks a special event. Today, Air India officially becomes a part of the Tata Group again, after seven decades,” Captain Varun Khandelwal said to passengers on Air India flight AI 665 traveling from Delhi to Mumbai.
There was a time when Air India was considered one of the best airlines in the world. The level of luxury travel, world-class food, and amazing interior decorations made it stand out. Even Singapore Airlines is known to have taken inspiration from Air India.
THE INDIAN HISTORY OF FLYING IIt was 1903 when the Wright brothers flew the first airplane in the world. About 8 years after that, in 1911, the first plane in India took flight. It was a Frenchman pilot called Henry who flew it from Allahabad to Naini, carrying mail for the Mahakumbh Mela. About 20 years later on 15th October 1932, JRD Tata flew the first Air India plane from Karachi to Mumbai. Back then it was not called Air India but Tata Airlines. JRD Tata was the first Indian ever to get a flying license. He once took part in a competition where he flew an airplane from India to England in a few hours. He dreamt to bring civil aviation to India. However, during the 1930s the British government wasn’t too helpful. It was sir Dorabji Tata who decided to invest in JRD Tata’s dreams and helped him create Tata Airline’s domestic flight operations for the managers. At that time, one return ticket from Bombay to Madras costed rupees 256. It was 1946 when Tata Airlines was renamed Air India and became a public limited company in the same year. It was in 1948 that the Indian government bought 49% shares of Air India. JRD Tata started Air India international at the same time. In 1952, the Indian government decided that the entire airline sector would be nationalized. The government merged 8 domestic airlines into one and Indian Airlines was created. Air India was one of these 8 companies. Air India International was also nationalized and turned into a public sector unit. JRD Tata was made the Chairman of Air India International and the Director Of Indian Airlines
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GOLDEN DAYS OF AIR INDIA
REASONS FOR THE DOWNFALL
In its early days, Air India was famous for offering its customers a menu prepared by the chefs of the Taj Hotel that offered things like caviar on ice, steaks, champagne etc. Its grand longes were designed by the artists of Shantiniketan. Also known as a “palace in the sky”, Air India was not merely an airline but a representation of India internationally. Air India was associated with hospitality, Indian culture, food, and even art.
Air India decided to open up more flights on international routes expecting more passengers to fly the airlines. However, the new international routes turned out to be loss-making as well. Air India, had also hired an excessive number of crew members. Jitender Bhargava, the former Executive Director of the company said that management problems started in the top management in the recent few years. Before the management was changed, the cabin crew members were rigorously trained. But after it changed, the cabin crew wasn’t trained as properly as it was being earlier. The process of recruitment was not as strict. People started being hired without proper screening, leading to an increase in expenses and a fall in the standards. When the standards of in-flight services started falling, the passengers obviously started looking at other airlines.
Air India’s art collection is worth more than 8,000 artworks. Paintings, textiles, sculptures, glass painting, is a collection they have curated over the last 60 years. Famous artists all over the world were commissioned to create art for Air India. In 1967, Air India commissioned Salvador Dali to design ashtrays for their airline and in return asked for a baby elephant which was flown from Bangalore to the artist.
TOPPLING FROM ITS HEIGHTS It was in 2007 that Air India and Indian Airlines bore losses worth rupees 5.41 billion and Rs. 2.31 billion respectively. Since both airlines were government-owned public sector units, this loss of the airlines had to be borne by the government. The government decided to merge both the airlines into one. This combined company - National Aviation Co. of India LTD (NACIL) incurred losses as well. Some reasons behind it are quite straightforward and others are fact-based. For example- by the time this merger took place, the government had acquired a large fleet of airlines of various specifications and sizes. In buying the airlines the cost was around 440 billion. Expenses of salaries had also increased since there were strikes by pilots demanding more salaries. In the upcoming years, a few more bad decisions were made by the government regarding Air India. The revenue that came to the company kept decreasing year after year as the passengers had more options when it came to flying.
The nationalization of Air India happened in the 1950s. By the 1970s it was working quite well. This was all perhaps because the management working at the top was quite efficient. The story of this airline has been less about the battle between privatization and nationalization and more about improper versus proper management.
CONCLUSION In 2017, the government decided that it wanted to privatize the company. By 31st March 2020 Air India had accumulated losses of over 700 billion in total. Since this burden was increasing every year, it was becoming difficult to sell the company off. Finally, on the 8th of October 2021, the government successfully sold off the airlines to Tata for 18,000 crore rupees. This is being taken as a celebratory event as the airlines have been sold back to their original owners again. Now only time will tell if Air India will regain its previous glory or not.
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INTELLECT QUOTES ON
INSPIRING
PATIENCE “When you have self-knowledge, you’re naturally calm and poised. You overcome obstacles with ease. They are part of your plan.” - Maxime Lagacé
Name
Brand
Designation
Anil B Goyal
CapSavvy
Founder & MD
Avkash Kakdiya
iTechNotion
Founder & CEO
Dr VP Sajeevan
ESY India
Founder & CEO
Girish Arora
Alniche Lifesciences
Founder & MD
Ravinder Pal Singh
Merkado RHA Technology
President & CEO
Sanjay Dutt
Tata Realty
MD & CEO
Shubham Agrawal
Agrawal Technologies
CEO
“The two most powerful warriors are patience and time.” – Leo Tolstoy
Vaibhav Aggarwal
Yuva India Foundation
Chairman & Director
“Patience is the key to contentment.” – The Prophet Muhammad
Varun Alagh
Mamaearth
Co-Founder & CEO
“Patience is the best remedy for every trouble.” – Plautus
Vikram Bansal
Nirvay Solutions
Founder & MD
“Our patience will achieve more than our force.” - Edmund Burke “Maybe that’s why life is so precious. No rewind or fast forward… just patience and faith.” - Cristina Marrero
“Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish” -John Quincy Adams
CEOs
“Patience is not simply the ability to wait - it’s how we behave while we’re waiting.” - Joyce Meyer “My dad said to me – Work hard and be patient. It was the best advice he ever gave me. You have to put the hours in.” – Simon Cowell
“Genius is only a greater aptitude for patience.” – George Louis de Buffon
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themselves. Although LinkedIn is the most preferred platform, some CEOs reportedly use the microblogging site Twitter as well. A very few people use Facebook and Instagram. Anand Mahindra, the Chairperson of Mahindra & Mahindra Group is hyperactive on Twitter. He once said “I am not on Twitter because I am lonely. I have a very nice life and I am very happy. This is not Tinder for me. I am on Twitter because this is a business tool. Any CEO who is not on it is probably ignorant.”
TELL YOUR STORY THROUGH BIOGRAPHY CEOs first need to establish themselves online. They need to create some form of online biography to verify their title as a Chief Executive. The bio should provide a clear understanding of the executive’s capabilities, experiences, and successes. Make it a selection of highlights and not an exhaustive history.
CONNECTING WITH CUSTOMERS IS THE KEY
IN THE WORLD OF SOCIAL MEDIA
S
ocial media is leaving no industry or company department untouched. To answer the power of social media is to question the importance of oxygen for living. It’s no more an option; rather becoming a necessity. The reach and impact of social media on human brains is a treasure in the business world. Thankfully, all the Chief Executive Officers are realizing the immense potential that social media holds. In between handling and managing giant corporations and multinational companies, they are using social media platforms like LinkedIn, Facebook, Instagram to build a strong online presence and community to connect with.
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FACTORS OF CONSIDERATION A CEO must consider a few points if they wish to start building a digital presence for their brand. First and foremost is educating oneself on social media. They should ask the following questions: What are the goals behind using social media? Which is the right platform to engage with the audience and why? What type of content will be created? (Example, articles for LinkedIn, videos, infographics, social updates, posts, etc) What will be the distribution schedule look like?
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How often will they engage on the platforms? Having a good social media presence leads to more trust among customers, employees, and shareholders of the company. Therefore, anything broadcasted from CEOs’ mouths on social media about their companies holds pivotal importance. Here are some steps that CEOs can take to garner audiences and make authentic connections on social media:
Social media is an excellent place to share content and connect with potential customers. For B2B executives, LinkedIn is the preferred platform. B2C executives can take to Facebook for direct customer outreach regarding store openings and new products. However, if executives are comfortable with visual content and a more personal approach, they should
consider Instagram as the ideal platform.
recognized as the most socially connected Executive.
PLANNING IS ESSENTIAL
BREAKING THE BARRIERS BETWEEN THE C-SUITE AND EMPLOYEES
CEOs should work to actively engage 3 essential groups i.e. shareholders, employees, and the public. To cultivate a more authentic presence, they can use visuals, both photos, and videos. They need to also make sure that just posting isn’t enough. The content must be valuable and engaging enough to connect with customers. Moreover, they need not look at the followers’ count; rather pay attention to how the network is growing. Now, why do CEOs need to have an active presence on social media? Social media, as stated earlier, can be an effective marketing tool to help reach business goals. Here are more reasons:
HUMANIZING A BRAND To put simply, humanizing a brand means being personable in the way you communicate with the audience. Humanizing a brand is not easy at all. Whenever we think of Mark Zuckerberg, the first thing that comes to our mind is Facebook. The same is in the case of Elon Musk and Tesla. Another example can be Doug McMillen, the CEO of Walmart. McMillen is verified across all four social media platforms. He consistently posts updates, pictures, and videos about his professional as well as personal life. He has been
Social media is the ideal place to break down the barrier between the top c-suite management and the employees. If a CEO is active on social media handles and posts regularly, they demonstrate that they want to create engagement with their employees. Many employees today check the profiles of executives before accepting a job offer. Employees prefer to work in a company whose CEO has a strong social media presence.
SOCIAL MEDIA & PUBLIC RELATIONS GO TOGETHER Social media can have a profound impact on public relations. It can help a brand garner much-needed goodwill with the public. CEOs that recognize the power of the social media channels and invest time and energy to stay ahead of trends have emerged as leaders, bringing value to their businesses. This brings us to the conclusion that social media is undeniably the right marketing tool for your business. CEOs must prioritize consistency, authenticity, and uprightness to build trust with the customers and employees. Remember, one post on social media at the right time, with the right strategy can hit the right chord.
THE POWER OF ONE SOCIAL MEDIA PLATFORM First and foremost, they should choose one social media platform as per their needs and requirements. Most CEOs actively use just one social media platform to talk about their brands and The Global Hues | Vol. 2 | Issue 2 | | February 2022
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GUEST ARTICLE
TUSHAR KANSAL LEADING THE WORLD OF INVESTMENT VIA HIGHLY REWARDED INVESTMENT BANKING FIRM
“Passionate entrepreneurs need to find the established investors to help them achieve their goals and contribute significant value to their organization.” he has reported to the Founder Guggenheim, the USD 200 billion US PE Fund. He is also the mentor and judge of several Startup events at Entrepreneurship cells of top Academic Institutions such as IIT-Mumbai, IIT-Delhi, IIT-Chennai, IIT-Kharagpur, IIT ISM-Dhanbad & such marquee institutions. Furthermore, he is a Venture Advisor with Loyal VC, the INSEAD-led Canadian VC Fund, having a core portfolio of over 200 investments in more than 46 countries. Over the years, he has supported Startups & growth-stage companies in diverse sectors like EdTech, FinTech, Consumer B2C, B2B & D2C, AgriTech, Disruptive & DeepTech as well as non-tech sectors. In an exclusive conversation, Tushar Kansal shared insights about his career, the brand, and many more.
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TUSHAR KANSAL
Founder & CEO, Kansaltancy Ventures
Consummate Professional, an Intellectual Leader, and a Thought Influencer, Tushar Kansal is the Founder and CEO of a highly successful investment management firm Kansaltancy Ventures. His experience spans multiple
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industries from Venture Capital (Brand Cap), Big 4 Consulting (Deloitte & Touche), LSE-listed Sistema’s India unit (MTS India) to CFO of Guggenheim Partners-owned company (DLI). Tushar has executed several Venture Capital deals at Deloitte and Brand Cap and raised USD 2.5 billion for MTS in 3 years. At DLI,
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1. How did you begin your career? Was it in conjunction with the present role that you have taken up?
My career started when I got campus placement from Engineering College at Indo Rama Synthetics, a big poly-staple fibre manufacturing company at Nagpur but I soon realized that I wanted to work in either an IT or Finance field. Therefore, I persistently prepared for MBA Entrance examinations and got through MBA in Finance at the University of Delhi. I got campus placement in the M&A division of SBI Capital but post my MBA, I Co-Founded an
education company called KITES which trained high school students for IIT entrance examinations. The company grew to 800 students and 3 centers in North Delhi and I got a very good exit when we sold it to Narayana Institute in 2006. For the last decade, I have been in different leadership roles, driving business, with big companies as an entrepreneur. At Deloitte, I executed Private Equity assignments/ Valuations & Financial Advisory. At Brand Capital, I was part of the team investing across companies. At MTS India, as head of the Debt division, I was instrumental in raising almost $2.5 billion of debt in 3 years and handled all round Financial goals as CFO of DLI, including compliances towards the PE Fund Guggenheim, as the main investor and owner. I am also the Founder of Kansaltancy Ventures, an Investment Management firm. All these different roles have deeply helped me in sculpturing my current professional journey.
2. Take us through your journey of becoming an entrepreneur.
I founded a startup called Indus B2C Global in 2013 into the B2B consumer space; the core product being Human Hair extensions. While running this startup, I realized the gaps between what startups need and what they are offered by the companies. I quit full-time management of this startup and became a financial investor. That’s when I launched Kansaltancy Ventures with an aim to assist startups and growth-stage companies with equity fundraising, debt, mergers, and acquisitions, and mentoring. A large part of my work at Kansaltancy Ventures is doing webinars and helping Founders and team members of aspiring startups, reach their goals.
3. Give a brief about Kansaltancy Ventures. What are its core offerings?
Founded in 2006, Kansaltancy Ventures is an investment management and advisory firm that deals
in Equity fundraising, fundraising for VC Funds, Debt, and Mergers & Acquisitions. The firm aims at facilitating growth across global tech & non-tech sectors by its network, domain specialization, and investments from 650+ global VC relationships. Some of the verticals of the company are: Funding: Equity & Structured Debt Planning & Pitching to Investors Mergers & Acquisitions Pitch Deck Preparations & Presentations Business Plans & Project Plans Preparations Start-Ups & Growth Strategies & Planning Go-To-Market & Digital Marketing Strategies Financial Strategic Planning & Analysis Strategic Planning & Execution Advisory Business Valuations Advisory
4. What areas are you most passionate about that you invested in?
I am most passionate about EdTech and D2C brands. In the last two years, we’ve observed a significant transition of education towards technology. EdTech businesses, except BYJU’s, the world’s most valuable online education startup at $18 billion, have struggled to find investors. This has hampered their capacity to spend, particularly on client acquisition and marketing. D2C brands are gaining popularity at a quick rate these days. These digital brand models are masters at cutting expenses and drawing clients quickly. They’re also succeeding as “Brands” in the conventional sense, recognizing unmet requirements among modern consumers. Furthermore, the growth of the internet and social media has made it easier for them to sell and create brand awareness, giving D2C retail a huge boost. I’ve recently been really interested in green stocks. It is no secret that the demand for global energy is
growing. The need for coal, gas, and oil is huge, but because fossil fuels are limited, we must turn to new sources of energy. In the future, hydropower and solar will become the primary sources of energy. As a result, the future of renewable energy appears to be greener. Furthermore, green stocks, like gas, coal, and oil, are predicted to generate exceptionally high returns.
5. What do you think Founders should be focused on when it comes to growth and revenue? We all make the error of rushing after clients in the hopes of seeking them. Rather than focusing on acquiring new clients, focus on your existing core consumers. When you’re looking for funding, it’s important to concentrate on your existing market.
Secondly, risk is an inevitable component of doing business. We can’t control everything but can try to keep our risks at a minimum. In order to expand your firm, you must plan ahead. Another piece of advice would be to concentrate on social media. Furthermore, building a stronger and highly competent team by hiring at both the executive and entry-level can also do wonders. Lastly, I would advise Leaders & Founders to conduct thorough research on their competitors to develop a successful business strategy. There’s no such secret formula to instant success. Growth is a process that happens over time.
6. If you had to pick one company you are most proud that you invested in, which one would you pick and why? Nykaa is my favorite Startup. Falguni Nayar, the Founder of the company has shown us all that we all are capable of accomplishing everything if we harness our abilities and put the right strategies in place. I am thrilled to witness her achieve such greatness.
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TECHNOLOGY
ARE
PHONES
BECOMING THE PLACE WHERE WE LIVE?
quality time with their kids. Some of the key findings of the report are:
Parents’ habits are directly impacting the children’s behavior:
Although the amount of time spent by parents with their children and families has increased by 57% and 49% respectively, but unfortunately, the quality of this time has deteriorated terribly. Below mentioned points substantiate the statement:
90% of the parents believe that their children are not behaving in a socially or morally acceptable behavior.
74% of the parents confess that their obsessive mobile phone usage has adversely affected their relationship with their kids. 66% of respondents admit that smartphones take most of their time even while spending time with their children. 69% of the parents say that they lose track of their children, and the people surrounding around them when clung to their cell phones. Over and above that, they get annoyed if children ask them questions during this time. This reveals the growing addiction to smartphones in adults. However, a majority of parents feel guilty about the growing smartphone addiction but it is clear that the family social way of relaxing has changed altogether. 71% of the parents admitted that they themselves give their children the access to the screen when they are busy with their office work. Another 36% admitted that they themselves give children screen time when they want some ‘me time’ for themselves. Taking into consideration the pandemic situation, children are spending more time at home, pushing parents to rely on the screen to keep them distracted.
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tuck at home during the Coronavirus Pandemic, people spent most of their time surfing online on their mobile phones. Humans witnessed drastic changes in their behaviors as the pandemic pushed them towards technological devices for work, play, and connecting. Vivo, a global brand that designs and develops smartphones, software, and online services, undertook a research to examine the psychological impact on children from excessive use of mobile devices by parents and their kids. The study titled “Impact of Smartphones on Human Relationships 2021” revealed that 66% of parents admit to being distracted by their cell phones, even while spending
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Smartphones are becoming an integral part of humans’ lives. 80% of the people admit that their quality of life has improved as they feel more connected to their family and friends because of smartphones but:
90% of the parents think that their children are becoming aggressive as their usage of the mobile phone has increased too much. 85% of the parents report that their children aren’t socializing well and it is becoming difficult for parents to convince their children to take part in outdoor activities. In the Pre-covid era, the time spent on smartphones was 4.94 hours on average but it has drastically increased during Covid, reaching a whopping 6.8 hours. It clearly indicates a 32% increase in the time spent on smartphones from the pre-covid times. Users have started spending more time on audio, gaming, and streaming platforms like Netflix and Amazon, etc.
THE BOTTOM LINE
According to the latest data from GSMA Intelligence, there are 5.31 billion unique mobile phone users in the world today. Unique mobile phone users are growing at a rate of 1.8% per year. These whopping figures clearly conclude that the world is swiftly moving towards smartphone addiction. Having said that, we can presume that the numbers will continue to surge in the coming years. Source: This article draws insights from the Annual SwitchOff report by Vivo, a global brand of innovative smartphones. The survey was conducted in association with Cybermedia Research (CMR) and had over 1100 consumers. It surveyed parents in the age group of 25-45 in New Delhi, Kolkata, Mumbai, Chennai, Hyderabad, Chennai, Bengaluru, Pune, and Ahmedabad.
94% of the respondents say that their mobile phones have become an inseparable part of their bodies. They can’t live without them at any cost. Only 46% of participants said that they switched off their smartphones for a longer duration. The concept of sacred space is getting lost; 70% of the people use their smartphones while eating food, 72% use them in the living room and 75% use them while spending time with family and friends. The phone is becoming the last thing that they see before going to bed. This behavior is seen among housewives, women, and white-collared workers. Excessive usage of smartphones is not only impacting parents but is also taking a toll on children as well.
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TRAVEL
A Complete Package of Adventure, Beauty and Peace
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ituated in the southwestern region of India, Karnataka is a state, rich in culture & heritage as well as the diversity of its landscape. From palaces to the beaches & hill stations, Karnataka is filled with intrinsic tourism places all around. It attracts sightseeing lovers and adventure enthusiasts as well. With historical significance in its forts, palaces, and ancient towns, one example of which is the illustrious Vijayanagara Empire. Karnataka’s tourism also extends to its hill stations like Chikmagalur, mesmerizing beaches, and temples like Virupaksha and Vitthala, which stand as a testimony to the architectural perfection achieved in the past. A holiday in Karnataka is a complete package to a delightful, adventurous visit, filled with sightseeing and entertainment.
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TRAVEL
THE BLACK SAND BEACH Located in Uttara Kannada district of Karnataka, The Tilmati beach in Karwar is a beach where the sand looks like black sesame, which is why the beach is named Timati. At a distance of 13km from Karwar and around 2.5km from Majali with a short trek, the Black Sand Beach reach is located in Majali village. Including fishermen, locals,
and foreigners the number of people visiting this beach is much lesser in comparison to nearby beaches and this is why the beach makes up for a natural and serene environment.
DEVBAGH One of the most popular beaches in the coastal city of Karwar, this beach is known to have inspired the famous poet Shri Rabindranath Tagore who had visited during the early 20th century. Devbagh beach is an ideal place for tourists searching for privacy and calm. It is famous for the kurumgud island, Majali Beach, Narasimha Temple, and Sadashvigadh Fort.
ULLAL BEACH It is the perfect escape from city life located a few kilometers away from Mangalore. It has a stunning waterfront located near the Western Ghats along with
the gorgeous Arabian Sea. This exceptional beach offers tourists a chance to encounter picturesque sunsets and sunrises. Sharing its name with Ullal Town that is located in the vicinity, this coastal area almost looks like a frame taken out of a movie with its sprinkling sand, crystal clear water that reflects the mesmerizing blue sky, and the vibrant palm trees.
BELAGAVI Endowed with a rich religious and historical heritage, Belagavi offers tourists distinct visiting options like heritage monuments, enchanting hill ranges, and deep rugged rocky valleys covered by evergreen forests. The city is famous for its delicious Belagavi Kunda and Karadantu which one should try. It is also famous for its toy-making craft – Gokak toys.
BIDAR Bidar, situated in the heart of the Deccan Plateau, has been a major attraction for people who love history. This is a region that
has seen dramatic changes in the course of its history, it is home to mesmerizing forts and monuments. Believed to be ruled by the Kakatiyas, Tughlaqs, Bahamas, Barid Shahis, Adil Shahis, Mughals, and Nizams at different times, the architecture shows a captivating representation of Hindu, Turkish and Persian styles. Bidar is also widely known for its Bidri handicraft products that are called Bidriware. Bidar also has religious significance being the home to Nanak Jhira Sahib, one of the holiest places for Sikh pilgrimage in South India.
DHARWAD Dharwad is known for its distinct culture, cuisine, and a strong penchant for art and creativity. This place is home to widely recognized artists like Dr. D. R. Bendre, classical Hindustani singers like Kumar Gandharva, Gangubai Hangal, Mallikarjun Mansur, Pt. Bhimasen Joshi, Basavaraj Rajguru, and Sangeeta Katti. Kittur Rani Chennamma Park, Sadanakere Lake and Park, Bendre Bhavan, and Unkal Lake are among a few of the tourist attractions of this city. Undoubtedly, Karnataka has its all heritage, culture, traditions, and history. This place has something in store for everybody making it a desirable tourist destination.
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