Entrepreneurs of the Year 2024 (2)

1. Magazine www.businessmanmag.com Oct, 2024 Manufacturing Mavericks How the Rising Stars of Indian Manufacturing are Turning the Wheel of Progress? Green Pioneers India's Leading Sustainable Entrepreneurs Shaping the Future Entrepreneurs of the Year 2024 CEO and President Mr. Brij Sharma, PowerVolt A Transformational Leadership – Brij Sharma Driving the Course of Human Progress with PowerVolt

3. “ “ Only the paranoid survive.

4. Innovation Plus Purpose is Equal to the Limitless Potential

5. I ndia's entrepreneurial ecosystem is vibrant more than ever and is shaping up to be a transformative year for business leaders who are rewriting the rules. This new wave of entrepreneurs isn't just about launching ventures—they're redefining success with innovation, agility, and a tech-driven approach that's making waves across industries. However, it's not simply a matter of adopting latest gadgets; it is about generating tangible value from technology usage. In this way, they set standards that many aspire to reach. Because they can put technology use in line with strategy, forward-thinking and driving meaningful change is what they show. As Businessman Magazine honours the 'Entrepreneurs of the Year 2024,' it is not only celebrating their achievements but also their transformative approach towards business. These leaders will be epitomizing what innovation, purpose, and perseverance mean, proving that it is much more than mere profits. It's about a lasting impact and setting up the stage for a better future. These visionaries do not chase profits; they're solving real problems. While others lament issues they see and hear, these visionaries roll up their sleeves, create impactful solutions, and improve lives. By putting what matters to their customer at the heart of everything, they are changing the game and reshaping what success should look like in today's world. To them, winning is not about gaining market share but being people-focused and delivering value where value is needed. And to all the game-changers of 2024-the innovators, the ones with a heart to lead and who inspire us all-let's celebrate their success and limitless possibilities. Technology, the engine of 2024 is at the forefront. Today's visionaries are using the latest and greatest tools to eliminate inefficiencies, streamline operations, and expand their reach in unprecedented speed. Whether it's artificial intelligence, blockchain, or automation, these trailblazers are breaking boundaries across finance, healthcare, and all other industries. - Gaurav PR Wankhade Managing Editor Note

6. Co over St ry 20 32 Green Pioneers India's Leading Sustainable Entrepreneurs Shaping the Future 08 Manufacturing Mavericks How the Rising Stars of Indian Manufacturing are Turning the Wheel of Progress? A Transformational Leadership – Mr. Brij Sharma Driving the Course of Human Progress with PowerVolt Articles

7. Profiles 24 Gaurav Gupta From Corporate Life to Startup Success: The Success Saga of a Serial Entrepreneur An Unparalleled Genius – Rajendra Srivastava Driving Academic Excellence and Transformative Leadership in The Business World A Strategic Legal Guide – Puneet Suri Directing Infinite Computer Solutions Navigate Complex Regulatory Frameworks 16 28

8. R D E ITS C Editor-in-Chief Pooja M. Bansal Managing Editor Gaurav PR Wankhade Assisting Editor Prajakta Zurale OCT, 2024 sales@businessmanmagazine.com Visualizer : Sandeep Tikode Art & Design Director : Rahul Shinde Art & Design Editor : Sarita Bhagat Associate Designer : Nagaraj Patil, Satish Garde Corporate Ofces: Insights Success Media and Technology Pvt. Ltd. Survey No.133/134, Brand Square, Ofce No. 512, Kunjir Chowk, Pimple Saudagar, Pune, Maharashtra 411027 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in Vice President Swapnali Vasaikar Asst. Vice President Tejaswini Whaval Asst. Manager Nitin Patil Team Leader Sapna Walunjkar BDE Shrushti Mathapati Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com Technical Head Prachi Mokashi Technical Specialist Rajeshwari Avhad Digital Marketing Manager Sagar Lahigade SME-SMO Executive Prashant Rathod Circulation Manager Tanaji Fartade Cover Price : Rs. 300/- https://twitter.com/businessmanmagazine Follow us on : www.facebook.com/businessmanmagazine/ Copyright © 2024 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success Media and Technology Pvt. Ltd. Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd. RNI NUMBER: MAHENG/2018/75953

9. Entrepreneurs of the Year 2024 Featuring Company Description BILLCLAP, TripClap and ERGONOMIKAL Founder of three innovative companies, Gaurav stands as a passionate and curious leader always wins the market with his brilliant leadership. Gaurav Gupta, Founder and CEO Mr. Brij Sharma is the Founder and CEO of PowerVolt in the business of manufacturing electronic magnetics, transformers and Power supplies. Mr. Brij Sharma, Founder and CEO PowerVolt Puneet Suri is the Legal Director of Infinite Computer Solutions (India) with a proactive and achievement-oriented professional with over 13 years of experience in Legal Operations, Advisory, Legal Due Diligence, Statutory Compliances and Contract Management. Rajendra Srivastava is the Executive Director of ISB Centre for Business Innovation and EFPM at the Indian School of Business (ISB) and the Educator of Marketing strategy and Innovation. Puneet Suri, Legal Director Infinite Computer Solutions (India) Limited Rajendra Srivastava, Executive Director of ISB Centre for Business Innovation and EFPM Indian School of Business (ISB) Ruchika is a woman entrepreneur, mentor, and marketing professional with more than 13 years of experience as a Strategy planner, Growth and Marketing Specialist. Ruchika Drabla Keshwani, Founder and COO VoiceOwl

10. Cover Story A Transformational Leadership – Brij Sharma Driving the Course of Human Progress with PowerVolt We are UL, CSA, and CE transformers and power supplies. recognized and approved and are proud to manufacture standard (off-the-shelf) and custom

11. CEO and President Mr. Brij Sharma, PowerVolt

12. Entrepreneurs of the Year 2024 T electricity stands as a luminous beacon. Benjamin Frank- lin's pioneering work in the 18th century ignited a spark that would illuminate the path to modernity. Electricity, once a mysterious force of nature, was harnessed and channeled, becoming the lifeblood of societies to come. he annals of human history are punctuated by pivotal moments that irrevocably altered the course of civilization. Among these, the discovery of industries, and homes, propelling societies into an era of unprecedented growth and development. From powering the first electric lights to driving the complex machinery of modern factories, the transformer has been an indispensable component of human progress. It has enabled the rise of countless industries, spurred innovation, and improved the quality of life for billions of people. “The transformer, therefore, is more than just a piece of electrical equipment; it is a symbol of human ingenuity and a testament to our enduring quest to harness the forces of nature for the betterment of humankind,” says Mr.Brij Sharma, an Indian stalwart, who is greatly inspired by the genius minds mentioned earlier. The subsequent invention of the transformer marked a quantum leap in humanity's dominion over energy. The minds of Ottó Bláthy, Miksa Déri, and Károly Zipernowsky, working in tandem, laid the foundation for a technology that would revolutionize the way electricity was generated, transmitted, and consumed. Their groundbreaking work was subsequently refined by the collaborative efforts of Lucien Gaulard, Sebstian Ferranti, and William Stanley, resulting in a device that could efficiently and safely manage electrical power. The visionary leader behind establishing Sharma, is not only the company's CEO and President but also a celebrated Entrepreneur of the Year 2024. His journey with PowerVolt, a leading manufacturer of transformers and power supplies, is a testament to his dedication and innovation in the power electronics industry. PowerVolt , Mr. The transformer, in essence, became the linchpin connect- ing the power source to the end-user. Regulating voltage ensured that electricity could be delivered safely and effectively across vast distances. This technological breakthrough paved the way for the electrification of cities, A Catalyst for Civilization For nearly four decades, Mr. Sharma has been a driving force in reshaping the transformer industry. His visionary

13. enduring relationships with clients, providing unwavering support and continuous improvement. This commitment extends beyond product delivery, encompassing compre- hensive after-sales service, expert technical advice, and on- site consultations. leadership has propelled PowerVolt from its inception as a small enterprise to a global powerhouse specializing in power and control transformers and DC power supplies. PowerVolt’s reputation for delivering top-tier, reliable products is a testament to Mr. Sharma’s unwavering commitment to quality. The company’s adherence to stringent international standards, including UL, CSA, and CE certifications, underscores its dedication to excellence. Beyond manufacturing standard transformers, PowerVolt excels in crafting tailored solutions to meet the specific needs of its clients. PowerVolt's Rise to Prominence PowerVolt's ability to optimize supply chains and control costs ensures that clients receive maximum value. By consistently exceeding customer expectations and deliver- ing innovative solutions, Mr. Sharma has solidified PowerVolt's position as a leading player in the global transformer market. A cornerstone of PowerVolt's success is its emphasis on long-term partnerships. Mr. Sharma believes in fostering I started PowerVolt, almost no money in my pocket. Mr. Sharma has always been an independent thinker with ambitious goals. From a young age, he aspired to self- employment and considered government service as an alternative path. His passion for electrical engineering began early, leading him to pursue a career in the field. After completing his Electrical Engineering degree, Sharma attempted the Indian Administrative Services examination but was unsuccessful. This prompted him to focus on entrepreneurship. After working for a transformer manufac- turing company, he identified areas for improvement in transformer designs, particularly in safety, quality, and performance. Following his engineering degree, Mr. Sharma gained industry experience working for Advani manufacturing Electrical Five years later, I moved out of Transformers and DC Power the house to a 10,000 sq. ft. Supplies, in June 1986, with facility.

14. Oerikon in Pune, India, before pursuing further training in Germany. He subsequently held management positions with Siemens in Brazil for a decade. This ignited his entrepre- neurial spirit, and he took a bold step. In 1983, he relocated to Chicago, USA, where he founded PowerVolt in 1986. A Grounded Leadership Philosophy Often credited as the driving force behind PowerVolt’s success, Brij Sharma is known for his hands-on leadership style. Rather than simply delegating tasks, he believes in leading by example. His core philosophy is rooted in the principle of “practice what you preach.” With limited financial resources, Mr. Sharma began manufacturing transformers and DC power supplies from his home, balancing the demands of the nascent business with regular employment. To support his family during this challenging period, he also operated a gas station. After five years of bootstrapping, Mr. Sharma acquired an existing transformer manufacturing company, allowing PowerVolt to expand into a larger facility. This marked a pivotal moment in the company's growth, transitioning from a home-based operation to a full-fledged manufacturing enterprise. Sharma recognizes that mistakes are an inevitable part of the learning process. Instead of punishing errors, he encourages a culture of learning and growth. By analyzing failures, the company can implement measures to prevent recurrences. Thus, Mr. Sharma’s leadership philosophy is centered on innovation and tackling complex challenges. By embracing difficult projects that competitors often shy away from, PowerVolt has carved a distinct niche in the electrical transformer market. This strategic approach, combined with a strong emphasis on teamwork, has propelled the company to its current position of industry leadership. Starting from humble beginnings in his apartment, Mr. Sharma's unwavering focus on quality and customer satisfaction has been instrumental in PowerVolt's growth. The company's commitment to excellence is reflected in its UL, CSA, and CE certifications. Through strategic acquisitions and a focus on research and development, PowerVolt has grown into a global leader, offering a comprehensive range of power transformers, industrial control transformers, DC power supplies, and custom transformers. Adapting to Industry Dynamics PowerVolt has established itself as a pioneering force in the transformer industry. Mr. Sharma attributes the company's success to a steadfast commitment to hard work, persever- ance, and goal orientation at all organizational levels.

15. We empower and PowerVolt–to learn from encourage our people–a mistakes and avoid He emphasizes the crucial role of a dedicated team in achieving these milestones. workforce of more than 20 punishing them for routine years associated with mistakes. engineering, manufacturing, purchasing, and packaging. This focus on process optimization, such as inventory management and streamlined paperwork, ensures both customer delight and business growth. The industrial landscape is constantly evolving, necessitat- ing adaptable solutions. PowerVolt recognizes the critical role transformers play in modern electrical systems. The company's comprehensive range of AC and DC power solutions caters to a diverse array of electrical applications. By prioritizing quality and timely deliveries, PowerVolt has solidified its position as a preferred supplier for industry leaders. PowerVolt: A Focus on Innovation and Efficiency The key to future success lies in innovation, disruption, and an unparalleled customer experience. Mr. Sharma empha- sizes that while customer satisfaction is paramount for long- term growth, it must be underpinned by operational efficiency and profitability. PowerVolt prioritizes customer satisfaction by implementing innovative strategies across Digital transformation is a cornerstone of PowerVolt's strategy. The company recognizes the importance of staying

16. To impact India’s Series of Transformers to the at the forefront of technological advancements. By leveraging modern ERP software and automation, PowerVolt has significantly enhanced efficiency and reduced costs. This commitment to technology is evident in the company's production processes, where productivity has increased manifold through automation. transformer industry, we Indian market. would like to introduce an International Standard PowerVolt's Problem-Solving and Workforce Development PowerVolt has distinguished itself by tackling complex engineering challenges. A prime example is the company's role in the global pandemic. When faced with the urgent need for transformers to support the cold storage of COVID-19 vaccines, PowerVolt swiftly designed and manufactured thousands of units, meeting the critical demands of the healthcare industry. economic progress. To budding entrepreneurs, Mr. Sharma offers sage advice. He acknowledges the challenges inherent in starting a business and emphasizes the importance of perseverance. Just as Arjuna focused intently on his target, aspiring entrepreneurs should maintain an unwavering focus on their goals. With sustained hard work and determination, success is attainable. Mr. Sharma emphasizes the importance of human capital in driving organizational success. PowerVolt's commitment to employee development is evident in its robust training programs. By fostering a culture of learning and empowerment, the company has cultivated a highly skilled and loyal workforce. With an average employee tenure of over 20 years, PowerVolt’s team is a testament to its people-centric approach. Brij Sharma's Vision for PowerVolt Mr. Sharma acknowledges the looming economic challenges of 2024, including the potential for a slowdown. Despite these headwinds, he maintains a forward-looking perspective for PowerVolt. Mr. Sharma envisions a transformative role for the company in the Indian transformer industry. He proposes the introduction of an International Standard Series of Transformers to the domestic market. This strategic move aims to simplify the design process for Original Equipment Manufacturers (OEMs) by providing standardized transformer options. A Powerful Resiliency Strategy The COVID-19 pandemic underscored the need for business resilience. PowerVolt has responded by implementing a multi-faceted contingency plan, informs Mr. Sharma. By establishing multiple manufacturing facilities in the United States and Mexico, as well as cultivating a network of five vendor partners in China, the company has created a robust supply chain capable of weathering unforeseen disruptions. This diversified approach ensures uninterrupted service to customers even in the face of challenges like the recent pandemic. Additionally, PowerVolt's emphasis on cost-effective operations enhances its ability to navigate economically turbulent times. By streamlining the design process, OEMs can achieve significant cost reductions and accelerate product development cycles. This initiative positions PowerVolt as a catalyst for innovation and efficiency within the Indian manufacturing sector. Brij Sharma's recognition as one of the top Entrepreneurs of 2024 is a well-deserved tribute to his remarkable achievements. His leadership and vision have not only transformed PowerVolt but also significantly impacted the power electronics industry. Entrepreneurship: A Path to India's Economic Growth Indian businesses are instrumental in driving the nation’s

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18. GAURAV Gupta From Corporate Life to Startup Success: The Success Saga of a Serial Entrepreneur Gaurav Gupta Founder, BILLCLAP, TripClap, and ERGONOMIKAL 16 | www.businessmanmag.com Oct, 2024

19. T moment came early in his career. Although he started with a professional role at GE, it didn’t take long for him to discover his true passion—business and digital technology. This insight led him to step away from conventional career paths and dive into the dynamic world of startups. His triumphant entrepreneurial journey has been a blend of experimentation, learning from failures, and an unwavering commitment to innovation. For Gaurav, building businesses is far more than just professional ambition—it’s about creating impactful solutions that resonate deeply with society and drive lasting change. Challenges Faced as an Entrepreneur he journey to entrepreneurship often begins with a realization that traditional job roles may not align with one’s aspirations. For Gaurav Gupta, this Gaurav reflects on the most significant challenge he encountered as an entrepreneur—the ability to manage failure and learn from it. His first venture, which failed due to a lack of experience, was a painful setback. However, rather than viewing it as a defeat, Gaurav chose to embrace the lessons it offered. He believes that failure is an inevitable part of entrepreneurship, one that entrepreneurs must not only accept but actively learn from in order to succeed. Gaurav's philosophy is that setbacks are simply stepping stones that pave the way for greater achievements, and his ability to bounce back and adapt has been crucial in his growth as an entrepreneur. Gaurav, the visionary Founder of and ERGONOMIKAL, shares that his entrepreneurial journey was sparked by a realization early in his career that traditional job roles were not suited to his aspirations. Rooted in the belief that entrepreneurship is his true calling, despite the inevitable experimentation and failures that accompanied his journey, for Gaurav, building businesses isn’t just a career path—it’s a deep-seated drive to innovate and create something impactful that adds value to society. , , Balancing Growth and Profitability BILLCLAP TripClap For Gaurav, achieving sustainable growth is a delicate balance, and unit economics are at the heart of this balance. He emphasizes that while topline growth is important, it should never come at the expense of a healthy bottom line. For him, the key is to ensure that the business generates positive unit economics, which is essential for long-term financial health and scalability. Gaurav’s approach involves focusing on excellence in every facet of the business, from operations to customer service, ensuring that each part of the business is optimized for both growth and profitability. His mantra is simple yet powerful: focus on excellence, and success will follow naturally, with solid financial foundations supporting it. Overview of Entrepreneurial Ventures Gaurav’s entrepreneurial journey spans multiple ventures across various domains, beginning with his first foray into the digital technology space. Although his initial venture did not achieve the desired success, it proved to be an invaluable learning experience. From there, Gaurav co- founded HelloTravel, where he was instrumental in shaping product development and marketing strategies, which propelled the platform to impressive heights. His continued success in the travel tech industry led to the creation of TripClap, a game-changing travel platform, followed by the launch of BILLCLAP, an innovative digital accounting software. His entrepreneurial spirit didn’t stop there—he also founded ERGONOMIKAL, a company dedicated to improving ergonomic solutions. Each of these ventures has been a stepping stone toward Gaurav’s ultimate goal of building businesses that make a lasting impact on industries and society. Success in Digital Products Gaurav attributes much of his success in the digital realm to his deep understanding of digital marketing and product development. Over the years, he has seen how even the smallest efforts—such as optimizing a keyword for better search engine ranking—can lead to significant growth. He recalls how, in the early stages, he managed to propel digital products to the top of Google’s search results with minimal effort. This feat underscored the importance of smart digital strategies. This early experience helped him understand the immense power of the digital world and laid a strong foundation for his subsequent successes with digital products. Gaurav’s ability to leverage digital tools and strategies continues to drive his ventures forward, making him a leader in the space. 17 | www.businessmanmag.com Oct, 2024

20. society. ““ For me, building businesses isn’t just a career path—it’s a deep-seated drive to innovate and create something impactful that adds value to Approach to Team Building and Leadership and to approach every day as a chance to learn something new and improve. For Gaurav, building the right team is paramount to the success of any business. While the business idea is important, he firmly believes that it is the team that makes the difference. Throughout his career, Gaurav has prioritized building teams that are not only skilled but also share his passion and vision for the business. He knows from firsthand experience that a great team can overcome any challenge, drive growth, and achieve extraordinary things. In his leadership style, collaboration is key—he fosters an environment where open communication, trust, and a shared sense of purpose propel the team toward their goals. Gaurav’s focus on empowering his teams and fostering leadership at every level has been integral to the success of his ventures. Future Vision for Ventures and the Industry Gaurav remains highly optimistic about the future of digital products and the untapped potential that still exists in the industry. As the founder of BILLCLAP, TripClap, and ERGONOMIKAL, he is committed to continuing his innovative journey and pushing the boundaries of what’s possible in the digital world. He sees immense opportunities for growth, particularly in the areas of digital transformation, travel tech, and software solutions. Gaurav is determined to leverage his ventures to revolutionize industries and provide solutions that make a tangible difference for entrepreneurs and businesses across India. He envisions a future where his products not only serve as tools for business success but also contribute to the larger vision of digital empowerment and innovation. Advice for Aspiring Entrepreneurs Gaurav’s advice to aspiring entrepreneurs is both simple and profound: stay hungry and stay foolish. He believes that true entrepreneurial spirit lies in constant learning, experimentation, and adaptation. No task is too small or insignificant for an entrepreneur, and they must be ready to dive into every aspect of their business, whether it’s product development, customer service, or marketing. Gaurav encourages young entrepreneurs to embrace the unpredictability of the journey, knowing that every challenge is an opportunity to grow. His advice is a call to be fearless in the face of uncertainty, to remain curious, Unique Features of BillClap BillClap stands out in a crowded market due to its all-in- one, cloud-based solution that integrates POS billing, inventory management, GST-compliant invoicing, and online sales capabilities with zero commission. Unlike traditional POS systems, which may require multiple third-party integrations, BillClap provides advanced features like barcode scanning, customizable invoicing, and real-time analytics, all within one platform. This makes it an invaluable tool for retail shops, wholesalers, distributors, 18 | www.businessmanmag.com Oct, 2024

21. Entrepreneurs of the Year 2024 and service providers, offering them a seamless way to manage and grow their businesses without the hassle of dealing with multiple systems. With BillClap, businesses gain complete control over their operations, improving efficiency and profitability. manual calculations and significantly reduces the risk of errors, making tax reporting more manageable and less time-consuming for entrepreneurs. By automating these processes, BillClap ensures that businesses can focus on growth without worrying about compliance issues. Streamlining Billing and Inventory Management with BillClap Benefits of BillClap for E-commerce and Online Selling BillClap offers businesses a powerful advantage in the world of e-commerce by enabling them to set up an online store and sell products directly through the platform at 0% commission. This is a significant benefit for businesses looking to expand their reach without incurring additional costs typically associated with third-party e-commerce platforms. With BillClap’s Digital Dukaan feature, businesses can sell online while maintaining full control over their sales, inventory, and customer relationships. This enables entrepreneurs to grow their businesses more efficiently and profitably, providing a seamless and cost-effective solution for online selling. BillClap simplifies the billing process through its intuitive barcode support and seamless integration with thermal printers, which significantly reduces errors and speeds up transactions. The platform’s easy-to-use inventory management system includes low-stock reminders, ensuring businesses can stay ahead of their supply needs. In addition, BillClap generates comprehensive business reports, including GST, P&L, and ledger reports, making it easier to track financial performance and streamline operations. These tools enable businesses to save time, reduce costs, and improve overall efficiency, allowing entrepreneurs to focus more on growing their businesses rather than managing day-to-day operations. GST Compliance with BillClap Yes, BillClap is fully equipped to handle GST compliance, making it easier for businesses to manage their tax obligations. The platform offers automated features for GST billing, including the generation and export of GST invoices, e-invoices, and delivery challans. Additionally, BillClap helps businesses manage GST-related reports and ensures that all transactions comply with the latest government regulations. This eliminates the need for 19 | www.businessmanmag.com Oct, 2024

22. India's Leading Sustainable Entrepreneurs Shaping the Future N ow, India stands at a critical point in its economic development where industrial growth is fast, but sustaining calls are urgent. In the face of burgeoning dangers posed by pollution, climate changes, and resource depletion, a new group of visionary entrepreneurs has surfaced to spearhead the opposing battle lines. The sustainable entrepreneurs or "Green Pioneers" have been changing the dynamics of industries through innovative solutions amiable to nature. They reshape the future. Their work touches on sectors, including renewable energy, organic agriculture, sustainable fashion, waste management, and green technology; this makes them absolute headliners of a modern, greener, and more sustainable economy in India. The Rise of Sustainable Entrepreneurship in India Sustainable entrepreneurship means creation of long-term value both for the environment, society, and the economy. Given the urgency of environmental challenges in India, several farsighted entrepreneurs have developed models that have business viability, in terms of sustainability, alongside economic soundness. They realize that this will be ensured only if India manages its natural resources responsibly to reduce its carbon footprint. The kind of initiatives by the government, such as "National Action Plan on Climate Change" and "Startup India," have added to this engine-friendly environment for sustainable entrepreneurship. There's a growing awareness among consumers, who require more 'green' products and services in the current environment, and that motivates businesses to work greener. Thus, India's Green Pioneers 20 | www.businessmanmag.com Oct, 2024

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24. respond to this change with bold, innovative solutions to tackle both the challenges facing the planet today and tomorrow. sustainable practices, which conserve biodiversity, reduce pesticide application, and improve rural farmers' livelihoods. Renewable Energy Entrepreneurs: Powering a Greener Tomorrow Further, Farm2Kitchen founded by Praveen Dwivedi directly connects organic farmers and consumers. They cut out the middlemen and ensure organic farmers receive good prices for their produce. Farm2Kitchen promotes sustainability-whether on a farm or on the table-that encourages the consumption of organic food with a lower carbon footprint towards food production and distribution. Perchance one of the most important sectors where India's new sustainable entrepreneurs impress is renewable energy. This country, among the world's fastest-growing economies, goes through a huge energy demand, but dependence on fossil fuels has come at a significant cost to the environment. Knowing this, a new generation of entrepreneurs comes out to invest in solar, wind, and bioenergy to sustainably meet the country's needs for energy. Waste Management and Circular Economy India is producing millions of tons in waste each year, and managing that waste is becoming a huge issue for the country. Entrepreneurs operating in the area of waste management have begun to recognize the sustainable solutions through these problems to capitalize on them for profit while promoting recycling, upcycling, and the circular economy. Among the forerunners in this space is ReNew Power, founded by Sumant Sinha. The company has emerged as one of India's largest renewable energy companies, focusing on solar and wind power projects. Sinha wants India to move away from its reliance on coal to cleaner, more sustainable sources of energy. ReNew Power not only generates electricity but also focuses on innovative storage solutions to make renewable energy more reliable and available on-demand. Saahas Zero Waste is the brainchild of Wilma Rodrigues, and this company seems like a prominent player in India for waste management and recycling. Saahas collaborates with companies, residential communities, and municipalities to handle waste in an eco-friendly manner. It resists source segregation and recycling of plastic, paper, and metal material so that landfills have a lesser negative impact on the environment. Similarly, under the erudite leadership of Hitesh Doshi, Waaree Energies is one of the key developers of the Solar revolution in India. It has emerged as one of the leading manufacturers of solar panels, offering value-for-money solar solutions for industrial and household use. These entrepreneurs like Sinha and Doshi are bringing down the carbon footprint of India while building a future with clean energy-the rule, not the exception. Then, there is Kabadiwala Connect initiative of Mani Vajipey, that uses technology to make the collection of waste more systematic. "Kabadiwala Connect is an initiative that connects householders and local kabadiwalas for it to process and recycle the waste in an efficient manner." With the leverage of digital tools, Kabadiwala Connect has enabled a more systematic and scalable approach that reduces waste ending up at the landfills. Organic Farming and Sustainable Agriculture Agriculture–always considered the backbone for the Indian economy–constitutes the greatest chunk of environmental issues in this country: deforestation, lack of water, and soil degradation. Green entrepreneurs in agriculture reimagine traditional farming techniques to organic farming, agroforestry, or sustainable agriculture that works with nature rather than against it through innovative approaches. Green Technology and Innovation The green technology innovators are the sustainable entrepreneurs from India. Electronic vehicles, energy- efficient appliances, and other products all help reduce consumption and in-turn minimize and work against waste within our daily lives. Among the high-profile players of this movement is Organic India by Bharat Mitra and Bhavani Lev. It has revolutionized organic farming for the nation, involving smallholder farmers who produce organic herbs, spices, and other agricultural products. In doing so, it promotes 22 | www.businessmanmag.com Oct, 2024

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26. A Strategic Legal Guide – Puneet Suri Directing Innite Computer Solutions Navigate Complex Regulatory Frameworks Puneet Suri, Legal Director Innite Computer Solutions (India) Limited 24 | www.businessmanmag.com Oct, 2024

27. I individuals must possess a deep understanding of legal operations, advisory services, due diligence, and statutory compliances. Solutions (India) Limited, a position he has held since March 2023. In this capacity, he is responsible for overseeing all legal operations and ensuring compliance with regulatory requirements while managing legal risks associated with business activities. n today's complex legal landscape, organizations require skilled professionals who can navigate intricate legal challenges and ensure compliance. These Strategic Contributions to Infinite Computer Solutions Experienced in resolving complex legal disputes, these professionals should be adept at handling litigation matters before various courts, including High Courts. Additionally, they must be skilled in designing, drafting, and implementing internal policies and procedures to ensure adherence to legal and regulatory requirements. Infinite Computer Solutions (India) Ltd is a pioneering force in digital engineering and IT services, with a rich history spanning over two decades. Puneet says they collaborate with clients to unlock the full potential of digital transformation, optimizing, modernizing, and scaling their technology infrastructure. Their innovative approach, backed by cutting-edge technologies and industry expertise, empowers businesses to achieve remarkable outcomes. “With a relentless focus on delivering business value, we are shaping the future of digital innovation,” he adds. By leveraging their expertise, these professionals in the league of can help organizations mitigate risks, Puneet Suri optimize legal processes, and achieve their strategic goals. Puneet, the Legal Director at Infinite Computer Solutions (India) Limited, stands as a prominent figure in the legal landscape of India, particularly within the technology sector. At Infinite Computer Solutions (India) Limited, Puneet’s role as Legal Director reflects his multifaceted capabilities: With over 13 years of experience in various legal operations, including advisory roles, legal due diligence, statutory compliance, and contract management, Puneet has made significant contributions to the field. His proactive and achievement-oriented approach has not only enhanced the legal frameworks within his organizations but has also positioned him as an influential leader in the industry. Business Restructuring and Mergers: He has provided legal support for business restructuring, mergers, and acquisitions, ensuring seamless integration and compliance during these transitions. Privacy and Data Protection: Puneet’s expertise in privacy law has been instrumental in reviewing and implementing robust data protection policies, addressing global regulatory requirements, and safeguarding stakeholder interests. Early Career Foundations Puneet’s academic pursuits laid a strong foundation for his legal career. Armed with a Bachelor of International Business and Finance from Jamia Millia Islamia and an LLB from Delhi University, where he was an active member of the Mooter Society, he demonstrated a keen interest in exploring the nuances of legal and financial systems. These formative years equipped him with a multidisciplinary perspective, blending legal principles with financial acumen to address corporate challenges comprehensively. Advisory and Consultancy: As a legal advisor, Puneet guides strategic decision-making, helping organizations navigate complex regulatory frameworks while aligning legal strategies with business objectives. Before joining Infinite Computer Solutions, Puneet was the Director of Legal at SirionLabs from April 2021 to March 2023. Here, he played a pivotal role in establishing the legal department from the ground up. His responsibilities included strategizing long-term organizational goals and providing comprehensive legal advice across various functions. He demonstrated expertise in developing policies and procedures aimed at minimizing legal exposure and managing risks effectively. Puneet's ability to articulate strategies for interpreting and applying legal policies has been instrumental in navigating complex legal landscapes. A Professional Journey of Leadership Excellence Puneet Suri's career trajectory is marked by a series of strategic roles in esteemed organizations. He currently serves as the Legal Director at Infinite Computer 25 | www.businessmanmag.com Oct, 2024

28. you climb. “ “ Success is not just about achieving per sonal goals; it’s about lifting others as Prior to his tenure at SirionLabs, Puneet served as Senior Legal Counsel at Cvent from December 2015 to April 2021. His work involved guiding management on regulatory issues and ensuring compliance with applicable laws. He managed all legal proceedings and dispute resolution processes independently, showcasing his capability to handle high-stakes situations effectively. Contract Management: Puneet is adept at drafting, reviewing, and negotiating contracts that safeguard organizational interests while fostering beneficial partnerships. Regulatory Compliance: He ensures that organizations adhere to applicable laws and regulations, mitigating risks associated with non-compliance. Puneet’s earlier experiences include roles at Tata Communications, Serco, Ernst & Young, and Unitech Wireless, where he honed his skills in drafting contracts, negotiating agreements, and providing legal counsel on a wide range of matters. His diverse background has equipped him with a comprehensive understanding of both corporate law and regulatory compliance. Contributions to Legal Frameworks One of Puneet's notable achievements is his commitment to improving internal policies and procedures within organizations. He says, "In today’s fast-paced world, adaptability is key—both for individuals and organizations." He has consistently reviewed and enhanced documentation to align with evolving legal standards and regulatory requirements. This proactive approach not only protects organizations from potential liabilities but also fosters a culture of compliance among stakeholders. Areas of Expertise Puneet Suri's expertise spans several critical areas within the legal domain: Legal Operations: Puneet has excelled in streamlining legal operations to enhance efficiency and reduce risks associated with business transactions. In addition to his operational responsibilities, Puneet has been instrumental in providing legal support for significant business initiatives such as mergers, acquisitions, and restructuring efforts. His ability to navigate complex transactions while ensuring compliance with relevant laws has been crucial in facilitating smooth transitions during these processes. Advisory Services: He provides strategic legal advice that aligns with business objectives while ensuring compliance with statutory requirements. Litigation Management: His experience includes managing litigation processes before various courts and judicial forums, effectively resolving potential business and legal issues. Leadership Philosophy Puneet Suri's leadership philosophy is rooted in collaboration and continuous improvement. 26 | www.businessmanmag.com Oct, 2024

29. Entrepreneurs of theYear 2024 He believes that effective communication among stakeholders is essential for navigating the complexities of the legal landscape. "The key to successful legal management lies in building strong relationships with all stakeholders," he asserts. "By fostering open dialogue and collaboration, we can address potential issues proactively.” professional achievements but also his commitment to driving positive change within the industry. His recognition comes at a time when women are increasingly taking on leadership roles in various sectors across India. According to Puneet, “Success is not just about achieving personal goals; it’s about lifting others as you climb.” His commitment to mentorship is evident through his efforts to train junior legal professionals within his teams. Puneet emphasizes the importance of knowledge sharing and skill development in cultivating future leaders in the field. "Investing in people is investing in the future," he states, "When we empower our teams with knowledge and resources, we create a foundation for sustainable growth." Entrepreneurial Vision and Future Outlook Puneet Suri epitomizes the qualities of an entrepreneur, leveraging his legal expertise to drive organizational growth. His ability to identify emerging legal and regulatory challenges and develop innovative solutions underscores his visionary approach. Through leadership, mentorship, and collaboration, Puneet continues to inspire teams to excel and achieve new milestones. Pioneering Leadership in Corporate Legal Frameworks As Director of Legal at SirionLabs and now at Infinite Computer Solutions, Puneet’s role transcends conventional legal responsibilities. He has actively contributed to setting up legal departments from scratch, showcasing his entrepreneurial mindset. His efforts include: Puneet’s journey demonstrates that legal professionals can transcend traditional roles to become strategic partners in business transformation. As a recipient of the Entrepreneur of the Year 2024 accolade, his career serves as an inspiration for aspiring legal and business leaders to explore the interplay between law and entrepreneurship, setting a benchmark for excellence and innovation. Policy Development and Risk Mitigation: Puneet has developed and refined internal policies and procedures to align with legal and regulatory standards. His strategic foresight in risk management and regulatory compliance has safeguarded organizations from potential pitfalls. Contract Management and Negotiation: Puneet’s expertise in drafting and negotiating contracts, including service agreements, licensing contracts, and master service agreements, has played a pivotal role in securing favourable terms for businesses while mitigating risks. Litigation and Dispute Resolution: With hands-on experience in managing litigation across various courts, including High Courts, Puneet has devised effective trial strategies and facilitated out-of-court settlements, showcasing his proficiency in alternate dispute resolution mechanisms. Recognition as an Entrepreneur In 2024, Puneet Suri was recognized as one of the Entrepreneurs of the Year due to his outstanding contributions to both his organization and the broader business community. This accolade reflects not only his 27 | www.businessmanmag.com Oct, 2024

30. Entrepreneurs of the Year 2024 An Unparalleled Genius Rajendra Srivastava Driving Academic Excellence and Transformative Leadership in the Business World A foster a strong synergy between academia and industry. By bringing together experienced professionals from the corporate world and renowned academicians, we can create a powerful platform for learning, innovation, and leadership development. s India aspires to emerge as a global superpower, cultivating a pool of exceptional leaders is paramount. To achieve this goal, it is imperative to Rajendra has been pivotal in shaping the institution’s legacy, fostering an environment of research-driven insights, cutting-edge pedagogy, and global collaborations. Under his leadership, ISB launched transformative initiatives that bridged academia, industry, and government, addressing multifaceted challenges across sectors. With a mission to integrate theoretical rigour with practical solutions, Rajendra brought together thought leaders from across disciplines to explore groundbreaking strategies in business innovation. These leaders must possess a unique blend of skills and experience. They should be adept at navigating complex challenges, balancing theoretical knowledge with practical application, and driving innovation in various domains. A strong focus on business innovation, digital transformation, value migration, and emerging market strategies is essential to thrive in today's rapidly evolving global landscape. By nurturing such leaders, India can position itself as a global powerhouse capable of addressing complex challenges and seizing new opportunities. A Global Scholar and Marketing Luminary Rajendra’s scholarly achievements underscore his expertise in marketing and organizational transformation. He is the most-cited marketing scholar based in India, with over 25,000 Google Citations, reflecting his substantial contributions to academia. His work spans crucial areas such as business model innovation, marketing metrics, and the valuation of market-based intangible assets like brands, channels, and intellectual property. In this regard, researcher, and strategic thinker, has left an indelible mark on business education and marketing innovation. As the Executive Director of the ISB Centre for Business Innovation and EFPM and a former Dean at the Indian School of Business (ISB), his career reflects an unparal- leled dedication to driving academic excellence and transformative leadership in the business world. Rajendra Srivastava, a trailblazing educator, His groundbreaking research, including a seminal paper linking market-based assets to shareholder value, won the Maynard Award and MSI/Paul Root Award, marking the first time a single article received both accolades. This work also earned the AMA/Sheth Foundation Award for its long-term impact on marketing, cementing Rajendra’s place among the most influential marketing strategists worldwide. Visionary Leadership in Business Education A Transformational Leader Across Continents The Indian School of Business, where Rajendra served as Dean, epitomizes his commitment to creating global leaders. Evolving to meet the needs of emerging economies, ISB provides a world-class education designed to cultivate innovation and a global perspective among its students. 28 | www.businessmanmag.com Throughout his career, Rajendra has managed and trans- formed higher education institutions globally. As Provost at Singapore Management University, he led initiatives that elevated the institution’s standing as a hub of academic Oct, 2024

31. Rajendra Srivastava, Educator, Researcher, Marke?ng & Brand Strategist, and Execu?ve Director ISB Centre for Business Innova?on & EFPM excellence in Asia. At Emory University, he founded the Emory Marketing Institute. He held the Roberto C. Goizueta Chair in Marketing and e-commerce, driving pioneering research in digital transformation and customer-centric strategies. I have managed higher educa?on ins?tu?ons across the globe and was appointed a Fellow of the American Marke?ng Associa?on, the only person living in India to be awarded this fellowship, for my long-term contribu?on to the marke?ng discipline and prac?ce. During his tenure at the University of Texas at Austin, Rajendra held the Jack R. Crosby Regent’s Chair and established the Center for Customer Insight. His work there set new benchmarks in integrating academic research with industry practices. Integrating Theory and Practice A hallmark of Rajendra’s approach is his ability to blend theoretical frameworks with actionable insights. His initiatives at the ISB Centre for Business Innovation exemplify this ethos. The centre focuses on emerging technologies, fintech evolution, healthcare, sustainability, and corporate governance, offering solutions that drive resilience and growth for businesses in the Asia-Pacific region. 29 | www.businessmanmag.com Oct, 2024

32. The Entrepreneurial Spirit The Executive Fellow Program in Management (EFPM), another brainchild of Rajendra, is tailored for senior professionals to bridge the gap between academia and industry. This program emphasizes addressing real-world problems through multidisciplinary perspectives, fostering a culture of impactful research and practical problem-solving. What sets Rajendra apart is his entrepreneurial spirit. Whether in academia, research, or consultancy, he has consistently demonstrated a visionary approach to identify- ing opportunities and creating value. His leadership at ISB, where he spearheads research on business innovation and digital transformation, exemplifies this entrepreneurial mindset. Bridging East and West: A Unique Perspective Rajendra’s ability to integrate ideas from the East and West is a testament to his global outlook and deep understanding of diverse cultural and business paradigms. His work in emerging market strategies showcases his dedication to addressing the unique challenges of developing economies while applying global best practices. Rajendra’s work resonates with the entrepreneurial ethos of identifying challenges worth solving and addressing them with a blend of creativity, strategic thinking, and execution. His efforts in establishing globally recognized programs, fostering industry-academic collaborations, and advancing research underscores his commitment to shaping the future of business and education. His consultancy experience spans over 50 multinational corporations across five continents, reflecting his versatile expertise in navigating complex business landscapes. From technology to financial services and B2B solutions, Rajendra’s insights have shaped strategies that drive growth, innovation, and value creation. A Visionary for the Future As one of the Entrepreneurs of the Year 2024, Rajendra’s legacy is one of innovation, leadership, and transformative impact. His ability to bridge academia and industry, integrate global and local perspectives, and address pressing challenges with actionable insights makes him a true pioneer. Through his work, Rajendra Srivastava has not only redefined the boundaries of business education and marketing but also inspired a generation of leaders to think boldly and act decisively in a complex, interconnected world. Championing Marketing and Brand Strategy Rajendra’s research in brand management and marketing metrics has significantly influenced how businesses measure and manage intangible assets. By emphasizing the strategic role of marketing in financial performance, he has provided a robust framework for aligning marketing efforts with organizational objectives. Honours and Accolades His co-authorship of award-winning publications and contributions to international journals have set new standards in the field. His focus on value migration and risk management further underscores his ability to anticipate and address emerging challenges in an ever-evolving business environment. Rajendra’s achievements have been recognized globally. He is the only marketing scholar based in India to be appointed a Fellow of the American Marketing Association, acknowledging his long-term contributions to the discipline. Additionally, his role as an Independent Director at Happiest Minds Technologies reflects his influence beyond academia, where he continues to contribute to corporate governance and strategic planning. Educational Journey and Foundations Rajendra’s educational pursuits laid the groundwork for his illustrious career. He holds a Ph.D. and an MBA from the University of Pittsburgh, a Master of Engineering from the University of Rhode Island, and a Bachelor of Technology from IIT Kanpur. This diverse academic background equipped him with a multidisciplinary perspective, enabling him to approach complex problems with innovative solutions. 30 | www.businessmanmag.com Oct, 2024

34. How the Rising Stars of Indian Manufacturing are Turning the Wheel of Progress? I ndia is taking the shape of a global manufacturing hub, long known for its rich agricultural prowess and IT expertise. The government initiative of "Make in India" joined with a budding ecosystem of young entrepreneurs and dynamic start-ups has been transforming the country's manufacturing domain. These are the rising stars – India's manufacturing mavericks – driving innovation in boosting production capabilities and establishing the nation as a significant player on the global manufacturing stage. As it is focused on cutting-edge technologies, sustainable practices, and global competitiveness, the latter plays a pivotal role in turning the wheel of progress. They are actually setting a perfect stage for India to emerge as a manufacturing powerhouse through digital transformation, smart manufacturing, and sustainable production processes. The growing Indian manufacturing sector India's manufacturing sector has been operating well over the last decade, contributing decisively to the country's 32 | www.businessmanmag.com Oct, 2024

35. GDP and employment. As it is currently accounting for almost 17% of India's GDP and increasing it to 25% through its "Make in India" program, this push towards local manufacturing has several inspiring factors: there is increased local demand, labour prices are rising in China and other traditional hubs, and there is a need for self- sufficiency in strategic industries. or pharmaceuticals and textiles, Indian manufacturers are certainly making a mark in the various spheres of sectors not only in domestic markets but also international ones. Capitulating to Advanced Technological Implementation Perhaps the most compelling reason for this evolution in Indian manufacturing is that advanced technologies have now penetrated every nook and corner. These include automation, robotics, the Internet of Things (IoT), Besides that, the country's young and qualified workforce plus government policies set the footing for this sector in the country. Be it consumer electronics and automobiles, 33 | www.businessmanmag.com Oct, 2024

36. and artificial intelligence (AI). The low-cost labour systems are no longer relevant for Indian manufacture. They have folded themselves under the three principles of Industry 4.0: unleashing data, automation, and advanced production technologies for efficiency, cost reduction, and quality enhancement. For example, the leader in India's automobile world is Mahindra & Mahindra. Mahindra has seriously embedded sustainability into each fiber of its operations-from cutting the emission of greenhouse gases to facilitating the usage of renewable energy in its plants. The much-supported "Mahindra Reva" project, dedicated to electric vehicles, forms part of an even broader vision towards reducing the environmental impact of transportation in India. These indicate how the Indian manufacturers form part of the global rush towards sustainable industrial practices. Among the champions in this space are Bharat Forge-a Pune-based company that manufactures auto components. Bharat Forge has utilized digital technologies such as IoT and AI to sense its production lines in real-time, improve predictive maintenance, and better resource usage. While putting together all these sophisticated technologies, Bharat Forge makes possible more productivity in production without burning extra energy and producing fewer wastes. Thus, innovation is rewriting the map of the old Indian manufacturing landscape. Rising Stars in Niche Sectors Beside the big boys are several niche players that are shaping Indian manufacturing with a new product and business models. Among them are Bengaluru-based electric vehicle firm Ather Energy, revolutionizing the automotive world by surfacing high-performance electric scooters that would appeal to those seeking lavish, edge-of-town rides. Sleekly designed, cutting-edge battery technology, and smart features have made Ather the port of call in India's burgeoning EV market. Ather Energy focuses on clean energy and mobility to shape the future of transport in India. Havells India is yet another electrical equipment major that has rapidly incorporated smart manufacturing techniques. The company has automated most of its production processes and data analytics for improving efficiency and product quality. With such technologies, Havells remains ahead of its global competitors and meets the growing demand for high-quality electrical products in domestic markets as well as international markets. In the pharmaceutical sector, Biocon led by Kiran Mazumdar-Shaw happens to be in the top list of biosimilars and biopharmaceuticals. Biocon has rapidly scaled up into a global player exporting life-saving medicines to over 120 countries. The focus of the company on innovation, especially the cost-effectiveness of drugs for diabetes and cancer as well as autoimmune diseases, has made it the leader in the biotech manufacturing space. Biocon's ascent, after all, reveals how Indian manufacturers are rapidly surging forward in high-tech and high-value industries. Nurturing Sustainable Manufacturing Practices Besides technology, sustainability has emerged as another center of focus for India's next generation of manufacturing stars. Environmental consciousness is no longer an afterthought but the key element in the business strategy of many forward-looking manufacturers. Indian manufacturers will find themselves truly embracing the precepts of green manufacturing practices to reduce their carbon footprint, resource preservation, and minimization of waste as their global customers and markets increasingly determine to purchase eco-friendly products. Equally, FMCG startup Mamaearth, under the helm of Varun and Ghazal Alagh, is also disrupting the personal care with its toxin-free, eco-friendly offerings. Capturing a niche market through organic, natural products, the company has emerged as one of the most rapidly growing FMCG companies in India. It's a story of how young entrepreneurs in India are finding consumer demand for sustainable and healthy alternatives in the space of manufacturing itself; Mamaearth shows how Indian manufacturing is ready to be the next big thing. India's largest steel producer, Tata Steel, is forging an example in its pursuit of sustainable production. Its far- reaching vision plan encompasses energy-efficient technologies and waste recycling along with water conservation practices and has helped win it a place on the list of the world's most sustainable steel producers, telling how Indian manufacturers are steaming ahead on the road to greener, more responsible production. 34 | www.businessmanmag.com Oct, 2024

37. Setting goals is the first step in turning the invisible into the visible. - Tony Robbins

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