Entrepreneurs of the year 2024

Magazine www.businessmanmag.com Aug, 2024 Entrepreneurs of the Year 2024 A New Era of Innova?on India's Entrepreneurial Ecosystem Nurturing the Next Genera?on of Leaders Dr Surendra Takawale Execu?ve Director and Co-Founder Blue Zone Ventures Private Limited India's Green Revolu?on Sustainable Indian Entrepreneurial Renaissance Leading the Way Ahead A Mighty Entrepreneurial Leadership Proliferating a Sustainable Way of Water and Waste Water for India's Future

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et’s face it, the entrepreneurial scene in India is L entrepreneurs is not just dabbling in business; they’re leading the charge with innovation, adaptability, and a healthy dash of tech-savvy brilliance. thrives, and employees feel valued and invested in the company’s success. They’re prioritizing well-being and professional growth, knowing that a happy, motivated team is the secret sauce for long-term success. Diversity and inclusion? Oh yeah, that’s high on their list, too. These leaders know that different perspectives lead to innovative ideas, and they’re all about empowering their teams to shine. buzzing like never before, and 2024 is shaping up to be the year of game-changers. A new breed of When You Mix Innovation with Heart, the Possibilities Are Endless! These folks aren’t just about profits—they’re about solving real problems. They see the issues around them, and instead of grumbling about it, they’re rolling up their sleeves and getting to work. And they’re not only coming up with solutions, but they’re making life better for everyone in the process. By zeroing in on what customers really need, they’re flipping the old definition of success on its head. These entrepreneurs know that winning in today’s hyper- competitive market means staying laser-focused on people. As we celebrate the ‘Entrepreneurs of the Year 2024,’ at Businessman Magazine, we understand that it is essential to acknowledge their resilience in navigating challenges such as economic fluctuations and regulatory changes. With their ability to pivot quickly and remaining adaptable in the face of adversity are some of the characteristic which shows their modern entrepreneurial spirit. Tech? Oh, it’s the star of the show in 2024. These trailblazers are wielding digital tools like a pro—cutting out inefficiencies, automating operations, and expanding their reach faster than you can say “AI” or “blockchain.” From finance to healthcare, their businesses are pushing the boundaries of what's possible with technology, and they’re setting the bar high for anyone else trying to keep up. The beauty is, it’s not just about the shiny new gadgets—they’re using tech to create value and setting standards that others can’t ignore. Let’s revel it! - Gaurav PR Wankhade Managing Editor But it’s not all about gadgets and gizmos. These entrepreneurs also understand that great companies are built on great people. They’re not just bosses—they’re team- builders, creating environments where collaboration Note

Proles Cover Story 08 Dheeraj Sharma and Himani Goel Creating a Technopreneurial Saga by Coderootz 22 26 S. Kishore Sundaram Delivering UPVC Delightness via Yuga Enterprise Articles 18 A New Era of Innovation India's Entrepreneurial Ecosystem Nurturing the Next Generation of Leaders A Mighty Entrepreneurial Leadership 30 India’s Green Revolution Sustainable Indian Entrepreneurial Renaissance Leading the Way Ahead Proliferating a Sustainable Way of Water and Waste Water for India's Future

R D E ITS C Entrepreneurs of the Year 2024 Editor-in-Chief Pooja M. Bansal Managing Editor Gaurav PR Wankhade Assisting Editor Prajakta Zurale August, 2024 sales@businessmanmagazine.com Visualizer Sandeep Tikode Art and Design Head Sameen Arif Associate Graphic Designer Nagraj Patil 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 Featuring Company Description Ahmed Detta is an award winning CEO and Founder focussing on changing dysfunctional recycling processes for plastic waste. Ahmed Detta, Founder and CEO Enviroo Holdings Ltd Dheeraj Sharma and Himani Goel, the Co-founders of the brand Coderootz under its parent firm Summerhill Technologies, provide customer-centric and cost-effective Web and Mobile software solutions to people. 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 Coderootz - Summerhill Technologies Pvt Ltd Dheeraj Sharma and Himani Goel, Co-founders Technical Head Prachi Mokashi Technical Specialist Rajeshwari Avhad Dr Surendra delivers advanced water and wastewater treatment solutions, with a keen eye for automation and sustainability in the municipal and industrial sectors. Dr Surendra Takawale, Executive Director and Co-founder Blue Zone Ventures Private Limited Digital Marketing Manager Renuka Kulkarni SME-SMO Executive Nikita Khadalkar Circulation Manager Tanaji Fartade S. Kishore Sundaram, Founder-Director of Yuga Enterprise, which is a UPVC windows, doors, and other joineries fabricator. S. Kishore Sundaram, Founder-Director Yuga Enterprise Sonali Chowdhry, Director, Marketing Sonali Chowdhry is a Director, Marketing at Officenet Intranet based in Noida, Uttar Pradesh. Officenet Intranet Cover Price : Rs. 350/- 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

A Mighty Entrepreneurial Leadership Proliferating a Sustainable Way of Water and Waste Water for India's Future My future objective is to build a solid foundation, increase our presence across all areas, and continue to lead the way in sustainable water and wastewater management solutions. Dr Surendra Takawale Execu?ve Director and Co-founder Blue Zone Ventures Private Limited Cover Story

Entrepreneurs of the Year 2024 E entrepreneurial spirit, demonstrating a profound impact on the industry. With nearly three decades of experience, he has honed his skills in driving business growth and strategic leadership. His tenure as Executive Director and Co- founder of Blue Zone Ventures Private Limited exemplifies his ability to manage complex operations, formulate effective strategies, and optimize resource allocation. A Compassionate Origin ffective leadership is paramount in addressing complex challenges like India's water crisis. Dr Surendra Takawale embodies the quintessential Dr Surendra’s journey into the dynamic world of business was ignited by a fervent desire to create lasting change. His previous roles at Vishvaraj Group, Va Tech Wabag Ltd, Oman Oil Industry Supplies & Services Co., and Thermax have equipped him with a wealth of experience across diverse sectors. This diverse background enables him to approach challenges with a holistic perspective, leveraging best practices from various industries to drive sustainable solutions in the water & wastewater sector. Dr Surendra's educational background, including degrees from prestigious institutions like Saïd Business School, University of Oxford, and IIM Ahmedabad, coupled with a PhD in Strategy & Business Management, underscore his commitment to academic excellence and strategic thinking. His deep understanding of business, coupled with a strong foundation in chemical engineering, positions him as a well-rounded leader capable of navigating the complexities of the water sector. As he explains, "My journey began with a strong desire to drive meaningful change and impact within the business world." The allure of innovation and the potential to craft sustainable solutions propelled him into this arena. His passion for business, coupled with a strategic mindset and a knack for leadership, became the cornerstone of his career trajectory. The opportunity to address critical challenges in water and wastewater management proved to be a catalyst for Dr Surendra. He states, "I saw an opportunity to make a significant difference by addressing critical issues in water and wastewater management, and this motivated me to embark on this path." The prospect of positively impacting both businesses and communities became his driving force. The industry's dynamic nature, coupled with the chance to lead high-performance teams and drive transformative change, further fueled his passion. Recognized for his exceptional contributions, Dr Surendra has been bestowed with numerous awards, including the National Achievers Award for Business Excellence 2021, Highflyers 50 award in 2022, Business Leader of the Year Award, CEO of the Year Indian Achievers Award, 10 Best CEO’S in India 2023 Recognized By TradeFloc magazine, Business Leadership 2023 By Brand Global Med, and the Rashtriya Udyog Ratna Award. These accolades underscore his standing as a visionary leader in the industry. Throughout his career, Dr Surendra has cultivated a reputation for strategic vision, integrity, and a talent for building high-performance teams. His expertise in steering complex business initiatives, fostering strategic partnerships, and driving innovation has been instrumental in achieving remarkable results. His leadership has consistently translated into increased efficiency, profitability, and market share growth, ultimately benefiting customers and stakeholders. My passion for business, combined with a strategic vision and the ability to build and lead high-performance teams, has been the driving force behind my career. Today, Dr Surendra remains steadfast in his commitment to creating value, fostering innovation, and leading with integrity. His words, "What truly inspired me was the opportunity to make a tangible impact on businesses and communities... Today, I continue to be driven by the same motivation—to create value, foster innovation, and lead with integrity," encapsulates his enduring passion for making a difference.

Blue Zone Ventures: Ensuring Blue Water Empowers Green Life I saw an opportunity to make a significant difference by addressing critical issues in water and wastewater management, and this motivated me to embark on this path. Blue Zone Ventures Private Limited distinguishes itself through a comprehensive approach to water and wastewater management. As Dr Surendra states, "Our Utility Management Platform is a unique model in the water and wastewater industry, redefining convenience by offering a comprehensive array of treatment solutions in a single package." This innovative platform empowers businesses to manage their utilities with unprecedented ease and precision efficiently. The company's unwavering commitment to excellence, innovation, and sustainability serves as the bedrock of its operations. Dr Surendra emphasizes, "Our guiding philosophy is centred around excellence, innovation, and sustainability." By prioritizing automation and embracing the latest technological advancements, Blue Zone Ventures ensures that its solutions remain at the forefront of the industry. (Transfer-Operate -Transfer) model in Industrial Water Solutions." This comprehensive approach ensures that clients have access to a wide array of options to optimize their water & wastewater management solutions. A strong commitment to sustainability, innovation, and customer satisfaction is at the core of Blue Zone Ventures' business philosophy. By leveraging AI for data analytics and predictive analysis, the company optimizes operations and contributes to water and power savings. Dr Surendra emphasizes, "By leveraging AI for data analytics and predictive analysis, we optimize operations and contribute to water and power savings, further enhancing our market position." This focus on technological advancement positions Blue Zone Ventures as a leader in driving sustainable and efficient water management practices. A strong emphasis on customer satisfaction, coupled with a focus on operational efficiency and environmental stewardship, has been instrumental in the company’s success. Dr Surendra highlights, "Our commitment to customer satisfaction, combined with a focus on operational efficiency and environmental stewardship, has been instrumental in propelling our organization’s success." Through strategic partnerships and a culture of continuous improvement and innovation, Blue Zone Ventures strives to create exceptional value for its clients and contribute to a sustainable future. The Essence of Transforming Today Blue Zone Ventures Private Limited is committed to a harmonious blend of operational efficiency and customer satisfaction. As Dr Surendra emphasizes, "At Blue Zone Ventures Private Limited, we prioritize both operational efficiency and customer satisfaction by integrating innovation and technological advancements into our core operations." This commitment is reflected in the company's relentless pursuit of process optimization through automation and AI-driven data analytics. By understanding and meeting the unique needs of clients, Blue Zone Ventures delivers tailored solutions that enhance customer experience. This strategic balance between operational excellence and customer satisfaction drives the company's success. A Sustainable Distinction Blue Zone Ventures Private Limited sets itself apart through its specialized focus on managing and maintaining water and wastewater treatment assets. Dr Surendra explains, "Our unique selling points include our specialization in managing and maintaining water and wastewater treatment assets, upgrading existing facilities, recycling and delivering solutions for both the Municipal and Industrial sectors." This specialized approach enables the company to provide tailored solutions that address the specific needs of its clients. The company's service offerings extend beyond traditional water and wastewater treatment solutions. Dr Surendra highlights, "We offer a range of tailored solutions, from automation projects to speciality chemicals and the T-O-T Digitalization and technological advancements are at the core of Blue Zone Ventures' operations. Dr Surendra states,

"Digitalization and technological advancements are integral to our operations at Blue Zone Ventures Private Limited. We leverage automation and AI for data analytics and predictive analysis, which provide detailed insights into water balance and help save water and power." This commitment to innovation drives the adoption of the latest technologies and best practices, resulting in enhanced productivity and performance. By integrating these principles into their core operations, the company contributes to a future where sustainable solutions and technological advancements go hand in hand. At the heart of Blue Zone Ventures' success is its dedicated team. Dr Surendra emphasizes the importance of employee growth and development, stating, "At Blue Zone Ventures Private Limited, we prioritize the growth and development of our employees by creating a supportive and empowering work environment." By fostering a culture of open communication, collaboration, and innovation, the company ensures that its employees feel valued and motivated to contribute their best. Regular team-building activities and interactive meetings further strengthen team bonds and alignment with the company's vision. This investment in human capital is instrumental in driving the company's success. A prime example of this commitment is the implementation of advanced automation and AI-driven predictive analysis in water supply and sewage treatment plants. Dr Surendra explains, "One of our visions has been to implement advanced automation and AI-driven predictive analysis in our water supply and sewage treatment plants. This initiative has significantly improved operational efficiency and performance, leading to substantial water and power savings." This initiative not only showcases the company's technical expertise but also demonstrates its dedication to sustainability and customer satisfaction by delivering superior value and optimizing resource utilization. Surmounting Challenges Together The water and wastewater management industry is fraught with challenges, including meeting customer demands for higher-quality water and ensuring adequate supply. Dr Surendra acknowledges these challenges, stating, "The two most significant difficulties we confront are meeting customer needs and ensuring the quality and quantity of water supplied to the public." The increasing awareness of water quality and the growing population are driving up water consumption, necessitating innovative solutions to meet these demands. A Triumphant Team Committed to Innovation and Excellence Blue Zone Ventures has demonstrated its ability to overcome significant challenges. Dr Surendra recounts a project where unexpected technical challenges and regulatory hurdles arose. The team's resilience and ingenuity were instrumental in developing innovative solutions and successfully delivering the project on time. This experience underscores the company's commitment to excellence and its ability to navigate adversity through collaborative problem-solving. Blue Zone Ventures Private Limited is offering comprehensive project encompasses the entire water supply chain, from raw water intake to distribution. Furthermore, the company is actively pursuing advancements in wastewater recycling, a testament to its commitment to sustainability and addressing critical water resource challenges. A Robust Contingency Plan Blue Zone Ventures prioritizes business continuity and resilience in the face of unforeseen challenges. Dr Surendra explains, "In response to the COVID-19 pandemic and the unpredictable geopolitical scenarios, we have developed comprehensive contingency plans to ensure business continuity and resilience." The company has implemented flexible work arrangements, enhanced digital infrastructure, and strengthened supply chain management to mitigate potential disruptions. Effective communication channels and protocols ensure that the team and stakeholders remain informed and engaged during uncertain times. Early in my career, I realized the immense potential of combining technical expertise with strategic vision to drive business growth and innovation.

Dr Surendra further emphasizes the importance of preparedness in managing essential utilities, stating, "Given that we manage essential and critical utilities, we must be perpetually prepared with all necessary gear and financial plans." The company's focus on supporting the operations team during challenging times ensures uninterrupted service delivery to customers. This unwavering commitment to fulfilling obligations as an essential service provider underscores Blue Zone Ventures' dedication to public service. Today, as the Executive Director and Co-founder of Blue Zone Ventures Private Limited, I continue to be driven by the same motivation—to create value, foster innovation, and lead with integrity. A Proven Leadership Mettle Dr Surendra's leadership style is characterized by collaboration, communication, and empowerment. He fosters a work environment that encourages creativity and innovation, where team members are motivated and engaged. By involving his team in decision-making and valuing their input, he builds a strong sense of ownership and commitment. His focus on building strong partnerships, delivering exceptional customer service, and maintaining high ethical standards has been instrumental in his success. As a strategic leader, Dr Surendra transforms ideas into actionable plans, leveraging financial expertise and business acumen to drive consistent growth and achievement. and long-term development, Blue Zone Ventures is committed to driving positive change in India's water landscape. By upholding core values of environmental conservation, leadership, trust, and honesty, Dr Surendra and his team seek to create a sustainable future. To further solidify their position, they plan to expand their operations internationally and explore strategic partnerships to broaden their horizons. Dr Surendra's impressive track record, coupled with his passion for innovation and his deep understanding of the water & wastewater industry, positions him as a powerful force in shaping the future of water & wastewater management in India. His leadership is instrumental in driving sustainable solutions and ensuring a secure water & wastewater future for the nation. A Pragmatic Advice Dr Surendra’s advice to budding entrepreneurs is to stay committed to their vision and remain adaptable in the face of challenges. Focus on building a strong foundation by understanding your market, identifying your unique value proposition, and fostering a customer-centric approach. Invest in innovation and technology to stay ahead of industry trends and continuously improve your offerings. Surround yourself with a talented and motivated team and create a culture of collaboration and continuous learning. Lastly, maintain integrity and transparency in your business practices, as these values will build trust and long-term success. For more information, please connect with Dr Surendra Takawale at +91- 9850983241 or surendra.takawale@rochemindia.com. A Crystal Clear Vision Dr Surendra outlines a clear vision for Blue Zone Ventures, stating, "For the future, my objective for Blue Zone Ventures Private Limited is to build a solid foundation, increase our presence across all areas, and continue to lead the way in sustainable water and wastewater management solutions." He and his team aim to expand their reach and influence through technological innovation and strategic growth. With a focus on operational efficiency, customer value, No water no life No blue no green

I ndia’s entrepreneurial landscape is undergoing a transformative phase, emerging as a global hub for innovation, creativity, and leadership. The country’s dynamic entrepreneurial ecosystem has not only fostered the rise of new-age startups but also paved the way for the next generation of leaders who are poised to shape the future of the global economy. This article delves into the key factors that contribute to India’s thriving entrepreneurial ecosystem, the role of government initiatives, the influence of educational institutions, the rise of incubators and accelerators, and the challenges that lie ahead. 1. Startup India: Launched in 2016, the Startup India initiative aims to build a strong ecosystem for nurturing innovation and startups in the country. It offers a range of benefits, including tax exemptions, easier compliance, funding support, and faster patent approvals. The initiative has helped thousands of startups to take off, by providing them with the necessary resources and support. India's Entrepreneurial Ecosystem Entrepreneurial Ecosystem Nurturing the Next Generation of Leaders 2. Atal Innovation Mission (AIM): AIM is a flagship initiative set up by NITI Aayog to promote a culture of innovation and entrepreneurship across India. It focuses on fostering innovation in schools, universities, and the industry by setting up Atal Tinkering Labs and Atal Incubation Centers. Leaders The Rise of India’s Entrepreneurial Ecosystem India’s entrepreneurial journey has evolved significantly over the past few decades. From a time when entrepreneurship was often seen as a risky alternative to traditional careers, the country has transitioned into a vibrant startup ecosystem. This transformation is driven by several factors: 3. Make in India: The Make in India campaign, launched in 2014, aims to transform India into a global manufacturing hub. It encourages both domestic and foreign entrepreneurs to set up manufacturing units in India, thereby creating jobs and boosting economic growth. 4. Digital India: The Digital India initiative aims to ensure that government services are made available to citizens electronically, by improving online infrastructure and increasing internet connectivity. This has not only helped in reducing bureaucratic hurdles but has also empowered entrepreneurs to leverage digital platforms for their businesses. 1. Demographic Dividend: India boasts one of the youngest populations in the world, with over 65% of its population under the age of 35. This youthful energy has fueled a wave of entrepreneurship, with young Indians eager to solve real- world problems through innovative solutions. 2. Technological Advancements: The rapid adoption of technology, particularly in the areas of mobile internet, digital payments, and e-commerce, has opened up new avenues for entrepreneurs. The proliferation of smartphones and affordable internet has democratized access to information, enabling entrepreneurs from even the remotest parts of the country to connect with global markets. Educational Institutions: Breeding Grounds for Future Entrepreneurs India’s educational institutions have increasingly become breeding grounds for the next generation of entrepreneurs. Premier institutions like the Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs), and other universities have established robust entrepreneurship cells (E-Cells) and incubators to support aspiring entrepreneurs. 3. Cultural Shift: There has been a noticeable shift in societal attitudes towards entrepreneurship. Today, being an entrepreneur is seen as a respectable and desirable career choice, driven by the success stories of Indian startups like Flipkart, Ola, and Paytm. This cultural shift has encouraged more people to take the plunge into entrepreneurship. 1. Entrepreneurship Cells (E-Cells): E-Cells in colleges and universities serve as platforms where students can brainstorm ideas, attend workshops, and network with industry experts. They often organize events like hackathons, business plan competitions, and startup fests, providing students with opportunities to test their ideas and gain real-world experience. A New Era of Innovation Government Initiatives: A Catalyst for Growth The Indian government has played a pivotal role in fostering an environment conducive to entrepreneurship. Several initiatives have been launched to support startups and create a favorable business environment: 2. Incubators and Accelerators: Incubators and accelerators associated with educational institutions play a crucial role in nurturing startups. They provide early-stage startups with 18 | www.businessmanmag.com 19 | www.businessmanmag.com Aug, 2024

mentorship, access to funding, office space, and technical support. Some notable incubators include the IIT Madras Incubation Cell, NSRCEL at IIM Bangalore, and CIIE at IIM Ahmedabad. There is a need for more inclusive financing mechanisms that reach entrepreneurs across the country. Subscribe 2. Regulatory Hurdles: Although the government has made efforts to simplify business regulations, startups still face bureaucratic red tape, especially in areas like taxation and labor laws. Streamlining these processes further would create a more startup-friendly environment. 3. Curriculum Integration: Recognizing the importance of entrepreneurship, many educational institutions have integrated entrepreneurship into their curricula. Courses on entrepreneurship, innovation, and design thinking are now commonplace, helping students to develop the skills needed to succeed in the startup world. Never Miss An Issue Today 3. Talent Retention: The war for talent is fierce, with startups often struggling to compete with larger corporations in attracting and retaining skilled employees. There is a need for more comprehensive policies that address this talent gap. The Role of Incubators, Accelerators, and Angel Investors India’s entrepreneurial ecosystem has seen a significant rise in the number of incubators, accelerators, and angel investors, all of whom play a critical role in the growth of startups: 4. Infrastructure: While urban centers like Bangalore, Delhi, and Mumbai have developed robust startup ecosystems, there is still a significant gap in infrastructure and support systems in smaller cities and rural areas. Stay in touch. Conclusion 1. Incubators: Incubators provide startups with the necessary resources to get off the ground. They offer office space, mentorship, access to networks, and sometimes even seed funding. Incubators like T-Hub, Startup Village, and SINE at IIT Bombay have been instrumental in the success of many startups. Subscribe to Businessmanmagazine and get the magazine in print, & digital on wwwbusinessmanmag.com India’s entrepreneurial ecosystem is on a promising trajectory, with the potential to produce the next generation of global leaders. The confluence of government support, educational initiatives, the rise of incubators and accelerators, and a cultural shift towards entrepreneurship has created an environment where innovation can thrive. However, addressing the challenges of access to capital, regulatory hurdles, talent retention, and infrastructure will be crucial in ensuring that India’s startup ecosystem continues to grow and produce leaders who can make a mark on the global stage. 2. Accelerators: Accelerators, on the other hand, are focused on scaling up startups. They offer intensive, short-term programs that provide mentorship, access to investors, and networking opportunities. Y Combinator, Techstars, and Indian accelerators like GSF Accelerator and Axilor Ventures have played a significant role in accelerating the growth of Indian startups. As India continues to nurture its entrepreneurial talent, it stands on the cusp of becoming a global leader in innovation and entrepreneurship, with the next generation of Indian entrepreneurs leading the way. 3. Angel Investors and Venture Capitalists: Angel investors and venture capitalists provide the much-needed financial backing to startups. The rise of angel networks like Indian Angel Network (IAN) and venture capital firms like Sequoia Capital India and Accel Partners has provided startups with access to capital, helping them to scale rapidly. Challenges and the Road Ahead Magazine While India’s entrepreneurial ecosystem is thriving, it is not without its challenges. Some of the key challenges include: www.businessmanmag.com 1. Access to Capital: Despite the growth of angel networks and venture capital firms, many startups still struggle to secure funding, especially those in non-metro cities. 20 | www.businessmanmag.com Aug, 2024

Entrepreneurs of the Year 2024 “We appreciate the programming and development approach extended by Coderootz. The way they design and develop the Lead Management software was phenomenal. It will help us to achieve our goals. Undoubtedly the best IT development company in Himachal Pradesh.” SHARMA GOEL Himani Goel Co-founder Coderootz – Summerhill Technologies Pvt Ltd Another client, Rahul, the CEO of Holisol Logistics says, “They have been instrumental in managing the Cash on the Delivery problem for the business, especially during COVID-19.” and While the next client, Adil, the Business Owner of Tawseelah, says, “My business has grown 50% in the last year and the operation excellence goes to Coderootz.” Creating a Technopreneurial Saga by Coderootz And another one, Rupesh, the CEO of Carson Logistics shares, “My operational cost has come down by 15% after using their services and I would recommend them (Dheeraj, Himani, and the Coderootz team) any day to other businesses.” E E distinguishing characteristics. Like their ability to take risks, their never-say-die attitude, and their desire for profit. These definitions appear constrained because they are based on what has worked in the past. True entrepreneurs of the modern era are never confined by definitions. to become one, the abilities required to make their endeavour successful, and even the type of profit sought. ntrepreneurship can be defined in a variety of ways. Almost all of those definitions are based on a person or individuals who share some intrinsically Dheeraj Sharma and Himani Goel, the Co-founders of the brand Coderootz under its parent firm Summerhill Technologies, have indeed been writing their own entrepreneurial saga told more by their happily satisfied customers than anybody else. On the other hand, after completing his education, BCA – MCA, Dheeraj worked with Netgen IT Solutions for about a year, before switching over to Holisol Logistics Solutions. “There I contributed my best in all the assignments that came my way and rose to lead the Tech Team,” he says. These are but a few of the thousands of clients whom Dheeraj, Himani, and the Coderootz team helped in growing their entrepreneurial dreams successfully. “More than money, it is these happy clients’ satisfaction which we believe is our profit,” says Dheeraj, while Himani adds, “At the end of the day, their praises for us means more than a million bucks earned otherwise.” Brand Coderootz Ambassadors After contributing her best as an Educationist for over two decades and Dheeraj mastering his skills and gaining competence in his field for five years, they both took upon a challenge, and opened their software development company with the name Summerhill Technologies Pvt. Ltd. under the domain name Coderootz, with multi-fold objectives such as- On the contrary, they either redefine or invent their own definitions of entrepreneurship, the characteristics required In his testimony, one client, Tarun, the Founder & CEO of SiCureMi Healthcare Technologies Pvt. Ltd. says, “Coderootz has helped our organization to build a comprehensive and elaborate follow-up care digital healthcare platform. It is a very sophisticated tool which will create an impact and improve healthcare delivery and outcome. Highly recommend Coderootz to my fellow entrepreneurs.” Coderootz – Summerhill Technologies Pvt Ltd Parents’ Blessings’ Both of them–Dheeraj and Himani–come from middle- class backgrounds. While growing up they saw their hard- working parents toiling each day to provide the best facilities for their families. Dheeraj says, “Our parents are our true inspiration in our lives.” While Himani adds, “Deeply appreciate the way they brought us up and the values they inculcated in us. Today what we are is all because of their blessings.” Dheeraj Sharma Co-founder Ÿ To code and develop software solutions meeting varied clientele requirements. Ÿ In the bargain generating employment opportunities. Ÿ And thus, contributing their might to society. While the next client, Gaurav, the CEO of Himflavours, says, “Using their Last Mile delivery and Warehouse Management software has helped me cut down delivery costs by 20%, added more day-to-day Operational Clarity and reduced lead times and distribution costs. Himflavours is looking forward to growing alongside them (Dheeraj, Himani, and the Coderootz team) in the years to come.” Elaborating on her journey Himani says that she was brought up in the lap of hills at Shimla. After her schooling at St. Thomas School, Shimla, she graduated in sciences from heritage college, St. Bedes, Shimla. After completing her B.Ed., she took up a job as a teacher in one of the eminent schools in the city, DAV Public School, New Shimla, where she taught English, Science and Business Studies. “Alongside teaching, I completed my MBA in Finance.” We aspire to make a happy working atmosphere, democra?c style of func?oning and focus on issues at hand. The next client, Luv Singh, Managing Director of Global Trip Holidays Pvt Ltd from Manali expresses, 22 | www.businessmanmag.com Aug, 2024 23 | www.businessmanmag.com Aug, 2024

processes using intelligence, reducing human errors, and implementing AI-powered chatbots.” With the help of AI and MI algorithms, developers can accurately predict the time and cost required to complete a project. Its use can fasten up software testing and can also automate testing enabling testing in a multitude of scenarios. “As far as we are concerned about adapting to this change we have started building our team and are at present in collaboration with a company who is helping us to get better clarity and knowledge about this,” informs Dheeraj. The Icebergs of Courage Considering the current industry scenario, the major challenges they face are, Ÿ Keeping pace with the changing dynamics of the market. Ÿ Changing times with an onerous focus to satisfy each client. Ÿ Time and cost overrun. Ÿ Finding qualified talent. Ÿ Maintaining a competitive edge. “For making the fresh startup going, we both are happily learning to manage Men (Team Coderootz, Clientele, certain government agencies and more) and Money (finances involved). Challenges keep popping up and are overcome in a stride, with lots of blessings in disguise,” says Himani. They further added that Coderootz, is an IT Services and IT Consulting company offering – Logistics software Products and software development services. Deploying the latest cutting-edge technologies, they deliver tailor-made web and mobile software solutions. Himani counters, “We at Coderootz follow an action- oriented approach and stick to a well-researched business plan. We ensure we onboard the right fits and keep our communication crystal clear with our clients.” While Dheeraj supplements, “To keep yourself updated with innovations is a must in today’s world and that is what we also make certain.” Ÿ “Our USP – we do not believe in ‘one-size fits all’, therefore we develop and deliver customized software solutions which are competitively priced,” says Himani. Ÿ “Position – We are the only Logistic Software Provider in Shimla and hence, natural leaders in the field,” says Dheeraj. And as per Dheeraj, for over the last two years, they have been working on their plans to realize the vision and mission of Coderootz. “The road ahead is difficult and unknown, the journey continues nevertheless, where we reach–the story is yet to unfold,” smiles Himani. In their advice to budding entrepreneurs aspiring to venture into their space, Himani says, “Hey! Aspirants out there, remember if you want to be successful you have to have belief in yourself. Be positive in all situations, keep learning and be focused.” Dheeraj adds, “Strong determi- nation and hardwork surely are a must.” Holistic Approach Continues… Intelligence Powered Machines When probed that what professional qualities and values they think their clients, colleagues, and employees admire in them the most, Dheeraj says that they wish the question was addressed to their clients and colleagues. However, Himani adds, “Holistic Planning and Target oriented approach is what we are running with. We aspire to make a happy working atmosphere, democratic style of functioning and focus on issues at hand.” Being an experienced leader, sharing their opinion on how the adoption of modern technologies like AI and ML impacts their industry and how they are adapting to the change, Himani expresses that as is rightly said by Nick Bostrom, ‘Machine Intelligence is the last invention that humanity will ever need to make,’ “We realize that AI and ML have a great impact on our industry. They have brought a revolution, as they can significantly reduce operational costs for our target industries by automating their redundant On envisioning scaling brand Coderootz’s operations and offerings in the future, they reveal, “For scaling up we will make sure that we have a clear future map, attain perfection in all our processes, invest more in the latest technology and have an increased focus on networking and collaboration.” 24 | www.businessmanmag.com Aug, 2024 25 | www.businessmanmag.com Aug, 2024

Entrepreneurs of the Year 2024 A those on the path to achieving greatness like S.Kishore Sundaram, Founder-Director of Yuga Enterprise, never give up. Instead, he kept on learning all the lessons taught dutifully by this well-known educator called failure. Kishore Sundaram has already been nominated for 'Entrepreneur of the Year'. ll successful people always believe wisely that failure is the best teacher. Although many of failure's students give up at just one or two lessons, they bought their first fabrication machinery and assembly line and commenced production in mid-March-22, with an installed capacity of 15,000 sq. ft/month. As of August 2022, they have two production lines with an expert staff of two dozen professionals. Kishore Sundaram meticulously defined the roles and limits of each functional department. As such, one doesn't interfere with the other. In his own wise words, Kishore Sundaram says, "To start with, I have been an entrepreneur since 2015. I have successfully failed two business ventures earlier. Though the businesses were failures, the lessons and experiences they gave me were more valuable than the capital I lost on them.” "Now our market consists of clients who search for 'affordable quality'–period. We don't overprice our products, nor do we reduce the quality to meet the clients' purchase power. It's our logo, 'Delightness Delivered.' Our after-sales is up to the industry mark; we give free services, consultations, fast replacements, and reworks whenever required," states Kishore Sundaram. In the beginning, Kishore Sundaram didn't even know the registration and licensing norms, and he literally had no idea of a revenue model and ROIs. It was in late 2017 that he got the idea of entering the construction and infrastructure space after analysing the scope and possibilities as a material supplier. He shares, "I positioned myself for the next three years as a marketing head of a company which was fabricating UPVC joineries.” The Three Aces Yuga's current market is Western Tamil Nādu, and they have 60-70 regular clients and completed 30,000 sq. ft mark and have enquiries for nearly 2.5 lakh sq. ft. They are further expanding into other zones through dealerships. "Our revenue model of 50% advance, 30% on completion and 20% on installation and finishing is keeping our ledgers good and has given more space for scaling and product addition," mentions Kishore Sundaram. And it was in December 2021 that Kishore Sundaram was determined to start his own company, and he subsequently registered it in its existing name… As of current expansion, Yuga is planning to set up a ‘Die Casting and Injection Moulding Plant’ for manufacturing hardware materials for the UPVC joinery sector, which Kishore Sundaram and the team Yuga are expecting to commence by March 2023. Yuga Enterprise Kishore Sundaram says, "Before beginning the journey, I decided on the don'ts more than the dos. To be simple, I don't know the one exact way to run a company successfully; rather, I know the rest 99 ways to turn the venture into a disaster.” Yuga Enterprise was formed to create a complete construction material supply/manufacturing company, and "We are 'Adamant on our goals'; 'Aggressive on our approach'; and 'Ambitious over our dreams," says Kishore Sundaram. So, Yuga Enterprise came into existence in January 2022 as UPVC windows, doors, and other joineries fabricator. As of August 2022, "We have touched 1.5 crore sales," informs Kishore Sundaram, who formed the core management team even before erecting the machinery. Further, the marketing field agents were handpicked, a production supervisor was hired, including two other machine operators, and a sales team of two persons was formed, with Kishore Sundaram himself handling sales, finance, and purchase only. Ensuring Long-term Business Relationships Revealing his and Yuga Enterprise's professional qualities and values admired the most by their clients, colleagues and employees, Kishore Sundaram conveys that their staffs are well qualified and have an average field experience of four years. Also, they deliver finished products with high punctuality. The unnecessary hassle involved in the In February-22, they shortlisted material suppliers, and hand-in-hand, they began marketing. By February-22 end, 26 | www.businessmanmag.com Aug, 2024 27 | www.businessmanmag.com Aug, 2024

construction field before the site handover process is a hustle for engineers and contractors, which team Yuga, under Kishore Sundaram's expert guidance, reduces by delivering the products on or before time. product/service/solution providers, Kishore Sundaram shares that their firm has following uniqueness from other competitors including, Precise manufacturing process. Hassle free pre-production and approval process. Quality of product. Options to choose from multiple profiles/sections. Dedicated installation and after-sales team. Simplified financial language while quoting for a project. Anytime progress check on orders by clients directly. Specialised quality control person(s). Segmented roles and responsibilities. Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ "Our after-sales is unmatched in this field, where we guarantee our products for up to 21 years with certain parts getting replacement warrant also. Also, our response time to any after-sales call is less than three days," assures Kishore Sundaram. Every UPVC product is separately labelled and item CODED for future purposes, a unique feature of Yuga's products and services. Ÿ Ÿ Ÿ UPVC joinery is a highly volatile sector where price variation(s) is inevitable. Yet, Kishore Sundaram ensures consistent prices through bulk purchases of raw materials, which is an added advantage. They have payment flexibility options for regular and performing clients. Further, they are highly system-driven, where a particular person's absence or withdrawal won't affect any process at any given point in time. "On a whole, our professional qualities emphasise more on long term business which would increase sales and revenue," assures Kishore Sundaram. "In fact, we deliver, not just joineries but also Delightness," promises Kishore Sundaram. Regarding advanced technologies like AI and ML, Kishore Sundaram feels they are very useful tools which "We can't introduce into our fabrication work. But once we are into casting, they will be of big advantage in terms of productivity, waste reductions and labour management.” that our factory is always open to our clients. We don't charge wastage costs on our clients. Our costing system is very accurate and transparent without any hidden costs. New clients may verify us, get our testimonials from existing customers, and even inspect us before finalising to place the orders. And I am reiterating that we will overcome all these problems with our 'transparency–and that's it.” Expansion of Yuga's fabrication unit into Delhi and Hyderabad. To start Die Castings and Injection Moulding Plants for manufacturing UPVC hardware accessories. “To build an extrusion unit to manufacture our own sections/profiles,” he says. Ÿ Delightness Delivered Triumphing with Transparency Ÿ Briefing Yuga Enterprise's many USPs, which help it in positioning itself as one of the best UPVC Considering the current industry scenario, Kishore Sundaram states that there are some major challenges which he and his team have to overcome regularly. Ÿ These goals are split into three consequent timelines in the above order of precedence. "Our goal in the UPVC joinery sector is to build a complete one-point solution for all needs in the sector, which we hope to achieve in the next four years," concludes Kishore Sundaram. Imported profiles/sections with low quality and lower prices are a threat due to the client's perspective. Initially, it might sound like a viable or intelligent decision, but in the long run, the joineries deteriorate earlier than expected. An Earnest Wisdom Kishore Sundaram's sincere advice to budding entrepreneurs who aspire to venture into this niche is that they must educate the client/customer on the advantages of UPVC products. Never exploit an unaware customer. Never reduce the product finish and quality for freezing orders at a lower rate. Try to buy Indian products for your processes. Always listen to your client, "Because it's just an order for you, but a home is a lifetime dream for many," feels Kishore Sundaram. Further, he believes that the customer/client is always right. Also, high competition and inexperienced start-ups offering the product at a much lower rate than operatable margins pose a serious threat. Moreover, the entry of big firms, since it's a ₹14000 crore to ₹ 16000 crore market, is increasing the competition. Other factors like price fluctuation, inflation, and dullness in the infrastructure industry (seasonal), and comparison to wooden windows, which are higher in cost and difficulty in installation and inconvenience in maintenance compared to UPVC joineries, are also affecting the bottom line. A Unified Solution Kishore Sundaram adds, “Convincing clients over existing products/suppliers is challenging. Since we are very new to the industry and it's in its infant stage, the one-word answer we promise and deliver to our clients over all these problems is 'transparency.' With boldness, I can proclaim Envisioning Yuga Enterprise's operations and offerings in the future, Kishore Sundaram shares that they have three primary goals at present. 28 | www.businessmanmag.com Aug, 2024 29 | www.businessmanmag.com Aug, 2024

Indian Entrepreneurial Sustainable the Way Ahead I n recent years, India has witnessed a remarkable transformation in its entrepreneurial landscape, marked by a renaissance that emphasizes sustainability and innovation. This new wave of entrepreneurship is not just about creating wealth but also about addressing pressing social and environmental challenges. The sustainable Indian entrepreneurial renaissance is carving out a new path that combines economic growth with social responsibility, leading the way towards a more inclusive and sustainable future. innovate in areas such as organic farming, eco-friendly packaging, and ethical fashion. 3. Government Initiatives: The Indian government has launched several initiatives to promote sustainable development. Programs like the National Action Plan on Climate Change, Swachh Bharat Abhiyan (Clean India Mission), and the Smart Cities Mission are creating opportunities for entrepreneurs to develop solutions that address environmental and social challenges. The Emergence of Sustainable Entrepreneurship in India 4. Social Entrepreneurship: There is a growing trend of social entrepreneurship in India, where businesses are not only focused on profits but also on creating a positive social impact. These enterprises address issues such as poverty, education, healthcare, and gender equality, often in rural and underserved communities. India’s entrepreneurial ecosystem has evolved significantly, with sustainability emerging as a central theme: 1. Global Awareness: With the increasing global emphasis on climate change, resource conservation, and social equity, Indian entrepreneurs are recognizing the need to align their business practices with global sustainability goals. The awareness of the environmental impact of businesses has led to a rise in startups focused on green technologies, renewable energy, and sustainable practices. Key Sectors Driving the Sustainable Entrepreneurial Renaissance The sustainable entrepreneurial renaissance in India is being driven by several key sectors, each contributing to a more sustainable future: India's Green Revolution 2. Consumer Demand: Indian consumers are becoming more conscious of the environmental and social impact of their purchases. This has created a demand for sustainable products and services, encouraging entrepreneurs to 31 | www.businessmanmag.com 1. Renewable Energy: Entrepreneurs in this sector are developing innovative solutions to harness renewable energy sources, reduce dependency on fossil fuels, and combat climate change. 30 | www.businessmanmag.com Aug, 2024 Aug, 2024

Companies like ReNew Power, one of India’s largest renewable energy companies, are leading the way in this transition, contributing to the country’s goal of achieving 175 GW of renewable energy capacity by 2022. and machine learning (ML) to blockchain and the Internet of Things (IoT), technological advancements are enabling entrepreneurs to create innovative solutions that address sustainability challenges. 2. Agriculture and Agri-tech: Agriculture is the backbone of India’s economy, and sustainable practices in this sector are crucial for long-term food security and environmental conservation. Agri-tech startups are introducing sustainable farming practices, precision agriculture, and organic farming techniques. Companies like DeHaat and Ninjacart are using technology to connect farmers with markets, reduce food wastage, and promote sustainable agricultural practices. 1. Artificial Intelligence and Machine Learning: AI and ML are being used to optimize energy consumption, improve resource management, and predict environmental impacts. For example, startups in the renewable energy sector are using AI to predict weather patterns and optimize the performance of solar panels and wind turbines. Setting goals is the first step in turning the invisible into the visible. - Tony Robbins 2. Blockchain: Blockchain technology is being leveraged to create transparency and traceability in supply chains, particularly in sectors like agriculture and fashion. By ensuring that products are sourced and produced sustainably, blockchain is helping consumers make informed choices and promoting ethical business practices. 3. Waste Management and Circular Economy: Startups in this sector are developing innovative solutions to recycle, reuse, and reduce waste. The concept of the circular economy, where waste is minimized, and resources are reused, is gaining traction. Companies like Saahas Zero Waste and Banyan Nation are pioneering efforts in waste management, turning waste into valuable resources and promoting a circular economy. 3. Internet of Things (IoT): IoT is being used to create smart cities and improve infrastructure efficiency. IoT-enabled devices are helping to monitor and reduce energy consumption, manage waste, and improve water conservation. Startups like SmarterHomes are using IoT to provide solutions for water management in urban areas, promoting sustainable living. 4. Sustainable Fashion: The fashion industry is known for its significant environmental impact, from water consumption to pollution. Indian entrepreneurs are leading a movement towards sustainable fashion, focusing on eco-friendly materials, ethical production processes, and reducing the industry’s carbon footprint. Brands like Doodlage and No Nasties are championing sustainable fashion, offering consumers alternatives that are both stylish and environmentally responsible. Conclusion India’s sustainable entrepreneurial renaissance is a beacon of hope for a more inclusive and environmentally responsible future. By focusing on innovation, technology, and social impact, Indian entrepreneurs are not only creating successful businesses but also contributing to the global sustainability agenda. As this movement continues to grow, it has the potential to position India as a leader in sustainable development, setting an example for the rest of the world. 5. Healthcare and Social Impact: The healthcare sector in India faces numerous challenges, including access to quality care, affordability, and infrastructure. Social entrepreneurs are addressing these challenges by developing sustainable healthcare models that prioritize access and affordability. Startups like Practo and PharmEasy are leveraging technology to provide healthcare solutions that are accessible to all, while organizations like Araku Coffee are using social enterprise models to improve the livelihoods of tribal communities through sustainable agriculture. The path forward requires collaboration between the government, private sector, educational institutions, and civil society to create an ecosystem that supports sustainable entrepreneurship. By addressing challenges and fostering a culture of innovation and responsibility, India can lead the way in creating a sustainable and prosperous future for all. The Role of Technology in Driving Sustainability Technology is playing a pivotal role in India’s sustainable entrepreneurial renaissance. From artificial intelligence (AI) 32 | www.businessmanmag.com Aug, 2024

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Entrepreneurs of the year 2024

Entrepreneurs of the year 2024

Presentation Transcript

QUALITY OF ENTREPRENEURS

Entrepreneurs of Arkansas

Characteristics of entrepreneurs

The Educational Needs of Young Entrepreneurs

WELCOME TO THE WORLD OF ENTREPRENEURS

The Entrepreneurs Cooperative

Characteristics of Entrepreneurs

Perspectives of Entrepreneurs

The Nature and Importance of Entrepreneurs

Entrepreneurs of Arkansas

Leading Entrepreneurs Of The Modern World

Types of Entrepreneurs

types of Entrepreneurs

Entrepreneurs Of The Year 2022

New Year Packages 2024 | Nainital New Year Packages 2024

New Year Packages - New Year Packages 2024

Goa New Year Packages 2024 | New Year 2024 in Goa

New Year Greetings 2024

The Most Successful Women Entrepreneurs to Follow in 2024

Shop PANTONE s Colour of The Year 2024

India's Leading Hotel Management Institutes of the Year, 2024

The New God of Cricket Match 2024 Year