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Sanjeev Bikhchandani, founder of Info Edge, has a keen eye for spotting India's most promising internet startups.
Global IndianstorySanjeev Bikhchandani: The entrepreneur-turned-mentor with an eye for great startups
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Sanjeev Bikhchandani: The entrepreneur-turned-mentor with an eye for great startups

Written by: Global Indian

(August 20, 2021) Back in 2010 when Deepinder Goyal was looking to set up Zomato there was one man who believed in him and his vision. That man was Info Edge’s Sanjeev Bikhchandani who wrote Zomato’s first cheque for ₹4.7 crore; he was the company’s sole investor in the first four funding rounds. Zomato’s recent public listing catapulted the value of Bikhchandani’s stake to ₹15,000 crore: testimony of his belief and vision in India’s startup ecosystem. He has mentored and backed several businesses such as PolicyBazaar, Bijnis, DotPe, and MedCords among others apart from running several successful enterprises himself like Naukri.com and Ashoka University. 

Mighty oaks from little acorns grow pic.twitter.com/aoGzpSXERM

— Sanjeev Bikhchandani (@sbikh) August 4, 2021

In an interview with Money Control after Zomato’s IPO, Bikhchandani said,  

“It is the ultimate validation and public proof of what we knew and believed all along – invest smartly in startups and over a decade or so you will strike gold. These startups will go on to become giants and will create new industries, categories and business models. They will create jobs and deliver growth. They will power the industries they serve in.” 

Humble beginnings 

Born in Delhi to a government doctor father and a homemaker mother, Bikhchandani studied at St Columba’s School and passed out in 1981. He then graduated from St Stephen’s College in 1984 with a degree in Economics before working with Lintas as an account executive. Three years later, he quit to do his MBA from IIM-Ahmedabad in 1989.  

Sanjeev Bikhchandani, founder of Info Edge, has a keen eye for spotting India's most promising internet startups.

Sanjeev Bikchandani in his early days as an entrepreneur

Following this, Bikhchandani got a job with Hindustan Milkfood Manufacturers (now known as GlaxoSmithKline Consumer Healthcare India) as a product executive.  However, his heart was not in it. Bikhchandani knew that it was entrepreneurship that was his true calling and 18 months into the job he quit and moved into the servant quarters above the garage in his father’s house to branch out by himself. At age 27, he began doing salary surveys and in 1991 as the winds of economic liberalization swept the country, Bikhchandani and his partner Kapil Varma set up two companies: Indmark (selling searches on a trademark database to pharma companies) and Info Edge (salary surveys and consulting). Since the two barely made enough money to cover costs, they didn’t take a salary. In order to pay his father a rent of ₹800, Bikhchandani began to teach weekend classes at management schools where he’d earn about ₹2,500 per month.  

Entrepreneurial journey 

In 1993, the two parted ways and Bikhchandani formally incorporated Info Edge India Pvt Ltd in 1995. In an interview with Forbes, the 58-year-old said,  

“Successful businesses are built on deep customer insights.”  

It was this insight that led him to his next venture Naukri.com in 1997. According to reports, when he was working at HMM he found most of his colleagues reading the back pages of Business India, instead of the articles. Reason: the back pages had job advertisements, a high interest area for professionals. Sensing the potential that lay here, he set up Naukri.com, now a hugely successful job discovery and employment platform. By 2005, it had grown to become India’s largest web-based employment site. Soon sites like 99acres.com, Jeevansathi.com and Shiksha.com followed.  

Incidentally, in the 1990s getting internet was an expensive affair and setting up a website tougher still. Back then, there were only 14,000 internet accounts in India. Bikhchandani rented a server in the US for $25 a month for Naukri. A gamble that paid off and how.  

From entrepreneur to investor 

Sanjeev Bikhchandani, founder of Info Edge, has a keen eye for spotting India's most promising internet startups.

Sanjeev Bikchandani

In 2006, Info Edge became one of the first internet ventures to be listed on the BSE and NSE. By 2008, Bikhchandani invested in his first startup, PolicyBazaar, through Info Edge. His struggles to find funding as an entrepreneur himself, probably influenced his investment decisions. With an eye for spotting great startups, Bikchandani became a messiah for India’s internet startups. 

An astute investor, Bikhchandani has to his credit successful unicorns like PolicybBazaar and Zomato. Some of the others he’s invested in are Slurrp Farm, DotPe, Bijnis, MedCords, Gramophone, and Shipsy. According to an interview in Forbes, he doesn’t believe in chasing internal rate of returns or looking at short term goals. He believes in backing good people and doesn’t mind waiting a decade to see returns: like he did with Zomato.  

In 2008, he received the Ernst and Young Entrepreneur of the Year Award. In 2019, he debuted on the Forbes’ Worlds’ Billionaires List with a net worth of $1 billion. As of August this year, Forbes estimated his net worth to be $3.1 billion.  

Giving Back 

Bikhchandani has also been actively giving back to society over the years. In 2014, he co-founded Ashoka University, a non-profit educational institution in Haryana that focuses on liberal arts. He is also on the board of Chintan, an NGO that works on urban waste management and is the founding donor of The 1947 Partition Archive, which captures the stories of Partition survivors. In the past year and a half, Bikhchandani has also been actively contributing towards and working in the Covid-19 relief space.  

Ashoka University

His journey from a struggling entrepreneur who didn’t take home a salary to turning investor and mentor to fledgling Indian startups and now giving back to society shows that life does come a full circle. And Bikchandani is a man you want on your side if you have the conviction to take your startup dreams to new heights.  

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  • 99acres.com
  • Ashoka University
  • Bijnis
  • Deepinder Goyal
  • DotPe
  • entrepreneur turned investor
  • Ernst and Young Entrepreneur of the Year Award
  • first internet venture to be listed
  • Forbes’ Worlds’ Billionaires List
  • Giving Back
  • Global Indian
  • Gramophone
  • Hindustan Milkfood Manufacturers
  • IIM Ahmedabad
  • Info Edge founder
  • Jeevansaathi.com
  • MedCords
  • messiah for India’s internet startups
  • Naukri.com
  • PolicyBazaar
  • Sanjeev Bikhchandani
  • Shiksha.com
  • Slurrp Farm
  • St Columba’s School
  • St Stephen’s College
  • Zomato

Published on 20, Aug 2021

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Polyester from PET bottles: Meet the father-son duo behind PM Modi’s sustainable attire at the White House

(July 7, 2023) PM Narendra Modi's recent White House visit attracted cheers not only from the Indian-American community but also the Ecoline team, sitting 8631 miles away in the small town of Karur in Tamil Nadu. It was a proud moment for the sustainable fashion brand as their blue sadri jacket, crafted from recycled PET bottles, took center stage as PM Modi made a powerful statement during his visit. Founded in 2020, Ecoline has earned the distinction of being PM Modi's preferred brand in recent times. It was in February this year that PM Modi first wore their jacket to the Parliament. "It was a pleasant surprise for all of us, and things changed after that," says Senthil Sankar, the founder of Ecoline, adding, "There has been a tremendous response and a huge interest in sustainability, especially since PM Modi wore our jacket. He also wore it to the G7 summit in Japan, which was a different colour, Chandan. He wore our jacket at the White House too, which means he likes it and wants to send a message (about sustainable fashion)." [caption id="attachment_41197" align="aligncenter" width="714"] Ecoline's sadri jacket gifted to PM Modi[/caption] Made from 20 PET bottles, the sadri

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="714"]Ecoline | Global Indian | Ecopreneur Ecoline's sadri jacket gifted to PM Modi[/caption]

Made from 20 PET bottles, the sadri jacket is one of their most-inquired garments - an idea that struck Senthil's father K Sankar, the founder of Shree Renga Polymers (the parent company of Ecoline). The father-son duo is on a mission to revolutionise fashion by recycling PET bottles to make them into fashionable garments, making Ecoline the first Indian brand to pursue this path. "We thought of taking the initiative of bringing the thought process (of sustainable fashion) to consumers," Senthil tells Global Indian. It takes eight PET bottles to make a shirt, twenty to make a jacket, and twenty-eight to make a blazer.

The beginning

Ecoline’s journey begins from Shree Renga Polymers, as Senthil's story begins from his father's. An IIT-Delhi graduate in Polymer Science and Technology, K Sankar worked abroad in many roles and capacities in various companies, predominantly in polymers and plastics, before returning to Karur in 2008 to start Shree Renga Polymers, recycling PET bottles to make polyester yarns. However, this wasn't K Shankar's first foray into business. In 1996, he started his first venture, recycling nylons and fish nets, but experienced significant setbacks. The debt-ridden family vowed to never get into business again. Chennai-born Senthil saw his dad struggle through hardships and knew this wasn't his path. After his BTech in Mechanical Engineering from Vellore Institute of Technology, he joined Tata Consultancy Services.

[caption id="attachment_41192" align="aligncenter" width="525"]Ecoline | Global Indian | Ecopreneur Senthil Sankar with dad K Sankar[/caption]

However, his perspective took a transformative turn after watching the Bollywood film Guru in 2007. "I was inspired by the life of Dhirubhai Ambani and felt that being an entrepreneur is much more empowering," he says. He decided to work for a few years, pursue an MBA, and then embark on his entrepreneurial journey.

Witnessing his father dive back into business with Shree Renga Polymers inspired Senthil. "It takes a lot of gumption and courage, especially when you have had a first bad experience. To restart at the age of 50 was inspiring for me," says Senthil. He had a strong desire to assist his father in the business, despite initial doubts. K Sankar fondly recalls, "I thought he would run away. He was more accustomed to city life. How would he adapt to working in the waste industry and living a less glamorous lifestyle?" However, Senthil interjects with a smile, "I was determined to become an entrepreneur and build a thriving enterprise."

Senthil turned down a lucrative offer to relocate to Canada, opting instead to join his father's business and make a positive impact on society. "Back in 2006, I started reading a lot and realised that India has massive potential. The country will grow in a big way in the 21st century. That thought process struck a deep chord and I am a patriotic person, not only in cricket matches but otherwise as well," says the ecopreneur, who happily bartered a cushy job in Silicon Valley for "a thorn bed in Karur, empowering 500 people through employment." "Being in a fancy job in Silicon Valley can give me likes and shares on Facebook and LinkedIn but not the satisfaction."

Ecoline | Global Indian

The making of a sustainable fashion brand

Senthil moved to Karur with his wife, who is a criminal lawyer, and his commitment to growing the family business resulted in the birth of Ecoline in 2020. "We knew the end-to-end of the textile spectrum, the only natural extension was to create a brand," adds Senthil, who calls sustainable fashion the future. "With the climate crisis and growing population, we have to find ways to sustain humanity with the available resources. Sustainable consumption is the only way to do that."

[caption id="attachment_41193" align="aligncenter" width="651"]Ecoline | Global Indian Discarded PET bottles[/caption]

Around 60 million plastic bottles end up in landfills every day (that take years to degrade). However, India recycles 90 percent of its PET bottles. Classified as engineering plastic, PET bottles offer higher remuneration and better returns to ragpickers. Senthil and K Sankar are helping convert 15 lakh bottles daily into polyester fabric. "We are buying more time by turning plastic into fashionable garments. There will always be demand for polyesters because activewear as a segment is big globally and is also gaining prominence in India. Polyester is going to have a continuous demand. This helps the planet and also helps the brand be eco-conscious."

From PET bottles to garments

Senthil demonstrates the process by presenting a PET bottle during our video call. He explains that only the bottle’s plastic body is utilised to create the polyester fibre used to make garments. However, Senthil mentions, "The bottle caps are sold to individuals who manufacture battery cases, while the wrappers are sent to cement factories for burning." The process begins with ragpickers collecting PET bottles, which are then sent to suppliers responsible for transforming them into cubes. These cubes are delivered to the Ecoline factory, where a sorting process takes place. "The bottles are crushed, cleaned, dried, melted, and transformed into semi-finished fibres. The fibres then undergo a five-stage finishing process and converted into yarn, which is used to create fabric on a knitting machine. Finally, the fabric is fashioned into garments."

Ecoline | Global Indian | Ecopreneur

While many companies are announcing plans to become carbon neutral, Shree Renga Polymers has achieved carbon neutrality for the past decade. K Sankar proudly shares, "Not only have we recycled plastic, but we have also planted over 5000 trees and implemented renewable energy sources such as wind, solar, and biomass." Senthil adds that nothing goes to waste in their factory. He explains, "The bottles come dirty to us, so we use water to clean the plastic. The mud gets separated and the water is recycled. With the mud, we make paver blocks. Every input we get is made into some value-added product and sold. We also save water by using dope-dyed technology (dyeing without water)."

Sustainability is the future

Within just two years of entering the market, Ecoline has successfully garnered clients from across India. When asked about their reaction to wearing clothes made from PET bottles, Senthil responds, "Most people are amazed by the concept. However, for those who are apprehensive, we take the time to explain the meticulous process. Since the polymer is subjected to temperatures of 300 degrees Celsius during processing, no bacteria or virus can survive. Once it is transformed into polyester fibre, it becomes like any other product." The 37-year-old ecopreneur acknowledges that the consumer's perspective on sustainability presents an ongoing challenge. "Yes, PM Modi wore it, that's a big statement but is it fashionable? Does it look good? Is it a part of fast fashion? These are the things that sustainability has to discover."

Ecoline | Global Indian | Ecopreneur

Since its establishment, Shree Renga Polymers has successfully prevented 200 crore PET bottles from ending up in landfills. K Sankar, with evident pride, highlights, "Each day, we save 1.5 million bottles from reaching the landfill. If left unattended, these bottles would occupy a space equivalent to a football stadium spanning 700,000 square meters. Our efforts have also resulted in the prevention of 14,400 tonnes of carbon dioxide emissions, thanks to the conversion of 2 billion bottles." Additionally, the water conservation achieved through their process is equivalent to the capacity of Tamil Nadu's Veeranam lake, which can store 1,465 million cubic feet (mcft) of water.

Senthil embarked on a transformative journey, forsaking his white-collar job to venture into the realm of entrepreneurship. His path was rife with challenges and valuable lessons, one of which was the realisation that pursuing an MBA was unnecessary before diving into business. "Being on ground and involved in the nuts and bolts is the best learning. No B-School can teach you passion, persistence, patience, vision, direction – all key aspects of entrepreneurship."

Through their unwavering commitment and relentless efforts, the father-son duo has transformed their venture into a ₹100-crore company, and their ambitions now extend to international expansion. For Senthil and K Sankar, revenue and profit are merely by-products of their journey, with their true driving force being their vision. "Every single plastic bottle that we recycle today, 15 lakh bottles will turn into 30 lakh bottles in two years. All these bottles getting converted into a finished product with a brand name Ecoline and getting sold in some part of the world is what exactly will give us joy."

  • Follow Senthil Sankar on LinkedIn

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Meet Satarupa Majumder, the woman who opened the only English medium school in the Sundarbans

(August 18, 2021) It was 2002, she was all of 26, had just gotten married and begun a career as a teacher. But Satarupa Majumder was far from satisfied. There was a niggling question on her mind that she just couldn’t find the answer to: What was the purpose of her life? What was it that she was truly meant to do?  Was it a corporate career that would fulfill her or should she stick to teaching? Why was she doing it and what was it that she truly wanted? She finally found some of her answers when she was introduced to Nichiren Daishonin Buddhism in 2007 by a family member. It made her realize that working for the happiness of others was what she’d been looking for. How to go about that though, still remained a mystery.   Her quest finally ended in 2012 when she undertook a 100-kilometer trip from Kolkata to Hingalganj, in the Sundarbans, to donate a sewing machine that had been passed down by her grandmother. “I wanted to ensure that the sewing machine was given to someone who truly needed it,” she told Global Indian in an exclusive interview. While there, she discovered that the

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g> trip from Kolkata to Hingalganj, in the Sundarbans, to donate a sewing machine that had been passed down by her grandmother. “I wanted to ensure that the sewing machine was given to someone who truly needed it,” she told Global Indian in an exclusive interview. While there, she discovered that the area had not one decent school, many of the kids whiled away their time or rolled beedis for their parents who worked at beedi factories. And so, it was at Hingalganj that Majumder found her true calling — she went on to set up Swapnopuron, the first and only English medium school in the Sundarbans.  

[caption id="attachment_7595" align="aligncenter" width="848"]It was 2002, she was all of 26, had just gotten married and begun a career as a teacher. But Satarupa Majumder was far from satisfied. Students at Swapnopuron School in Hingalganj that is run by Satarupa Majumder[/caption]

A journey of self-discovery 

Born and brought up in a typical middle-class Kolkata home, Majumder had a happy childhood. She did her B.Ed and then Masters in Commerce from Kolkata University before getting married and moving with her husband to a small town near Mughalsarai in Uttar Pradesh in 1999. Majumder, who until then hadn’t given her career a serious thought, found that the town was in need of good English-speaking teachers and so she went ahead and applied for a job as a teacher. When the couple moved back to Kolkata in 2002 she continued her career as a teacher and began teaching Economics at a private school. Yet, the lack of satisfaction continued to bother her. 

“It haunted me,” she said, “that despite all that I did, I was never truly satisfied.”  

When she was introduced to Daishonin Buddhism, some of her questions were answered. “I took to it like fish to water. I chanted regularly and realized that what made me truly happy was working for the happiness of others. But I didn’t know how to integrate it into my daily life,” she said. 

[embed]https://www.youtube.com/watch?v=bB2N0U7TWVM&t=28s[/embed]

A journey destined by fate 

That was when she happened to undertake that three-hour journey from her home in Kolkata to the town in Sundarbans — just five kilometers from the Bangladesh border — to donate that lone sewing machine. As she watched children playing in the dirt, she drew comparisons with her own daughter, who was then in Montessori. “My daughter had access to so many lovely educational toys, and these kids had nothing. I wanted to find a way to give these kids access to education and a shot at a bright future too,” she said, adding,

“But I also realized that as a teacher, I had to go beyond a mere classroom transaction. I had to do something for the community. I had finally found my answers.”  

Majumder began conducting weekend classes at Hingalganj. She continued holding her day job at the private school all week and on Saturday mornings she would rise early to make tea and breakfast for her family, hail a cab to Howrah station from where she would take the 6.30 am train to Hasanabad. From there she would hitch a ride on a cycle rickshaw and then a ferry to get to the Sundarbans. An auto ride later she would be at her makeshift 56x18 foot school with a thatched roof where she would hold classes as well as go door to door to convince parents to send their children to school — if not to study then at least to play. “As a teacher, all the dreams that I had of giving back to society began to manifest. And that is how I set up Swapnopuron Welfare Society (SWS) and school. It was a dream come true,” smiled Majumder.  

Fulfilling dreams and more 

[caption id="attachment_7602" align="aligncenter" width="605"]It was 2002, she was all of 26, had just gotten married and begun a career as a teacher. But Satarupa Majumder was far from satisfied. Students at Satarupa Majumder's Swapnopuron School in Hingalganj[/caption]

While Hingalganj does have other schools, the quality of education is far from robust and often students are not motivated to go back. With Swapnopuron, they dared to dream new dreams and of lives starkly different from their parents’. Incidentally, it was the local community that named the school Swapnopuron, which translates to ‘fulfilment of dreams’. In time, she recruited a few local teachers to fill in when she wasn’t around.  

Majumder’s routine continued for six long years, when in 2018 she decided to quit her full-time job and give all her time to Swapopuron.

“Until then, I wanted to groom the teachers to take SWS forward. But I realized that I couldn’t hand it over to someone completely; I had to take it forward if I wanted to see it to fruition. Also, I couldn’t continue straddling both worlds anymore; I couldn’t do justice to either my day job or my passion project this way,” she explained.  

Around that time, Majumder was also looking for land to expand the school. While they’d had donors in the past, nobody was willing to sponsor land as such. So Majumder used her PF money that she received after resigning from her job to sign the lease for the land needed to formally initiate the Swapnopuron School. What started off as a 56x18 foot school, now stood on 1.2 acres of land and eventually grew to have five branches in the Sundarbans. Today, the school which offers CBSE curriculum has more than 600 students studying from nursery to class 9, and has on board 12 teachers.  

[caption id="attachment_7597" align="aligncenter" width="312"]It was 2002, she was all of 26, had just gotten married and begun a career as a teacher. But Satarupa Majumder was far from satisfied. Satarupa Majumder conducting community outreach programs in the Sundarbans[/caption]

Marching on uninterrupted 

When the pandemic brought schools to a grinding halt, Majumder and her team found a work around to ensure that their students continued receiving uninterrupted education. “We realized that 50% of the students had access to a smartphone through their parents, while some others had smaller phones and others had no phones at all. Those with smartphones attended online classes, while our teachers conducted one on one classes over telephone calls for those without smartphones. And for the kids who had no phones at all, we would personally deliver worksheets and teaching material every 10-15 days,” she said.  

Outreach programs 

[embed]https://www.youtube.com/watch?v=NIQuoUCdV8g[/embed]

Apart from conducting classes, SWS also conducts empowerment programs for the parents, especially women. They are taught tailoring and poultry farming, and involved in other livelihood projects. Majumder and her team have also been carrying out relief work in the Sundarbans as and when the need arises. When Cyclone Amphan battered the Sundarbans in May 2020, several river embankments were inundated and some completely washed out. Majumder and her team stepped in to serve lunch to close to 2,500 people each day. They would ferry a simple meal of khichri or rice and sabji on boats and distribute it to the affected areas.  

[caption id="attachment_7632" align="aligncenter" width="754"] Satarupa Majumder and her team carrying food on a boat for those affected by Cyclone Amphan[/caption]

Today, Majumder’s daughter, who is now 16, understands the depth of the impact her mother creates through her work. “Back then, she would be upset that I didn’t spend as much time with her. But now she understands the difference I am making,” smiled Satarupa Majumder, who says, that while she picked up essential skills such as strategizing, fundraising, and project proposals to help grow and sustain SWS, what she misses the most is teaching. “It’s what I’d started off as... a teacher.”  

 

Reading Time: 8 mins

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Agnikul Cosmos: IIT Madras-incubated startup that built the world’s first 3D printed rocket

As a child, Srinath Ravichandran was obsessed with all things space. Every time ISRO launched a rocket, the Chennai boy would be glued to his television set devouring all the footage Doordarshan would afford its viewers. Little did he know that one day he would co-build a startup that would fulfill all his space dreams. Today, Agnikul Cosmos is the world's first company to successfully test a fully 3D printed rocket engine that can carry a payload of up to 100 kilos into lower earth orbit.  [caption id="attachment_3563" align="aligncenter" width="358"] The 3D printed engine and pump by Agnikul Cosmos[/caption] Backed by the likes of Mayfield India, Anand Mahindra, Naval Ravikant, and Nithin Kamath, the IIT Madras-incubated startup has signed a pact with ISRO to receive tech support and is gearing up to launch its first rocket into lower earth orbit next year. “We had planned on a December 2021 launch, but things got pushed a little due to the pandemic,” 36-year-old Ravichandran told Global Indian. The company put on hold its liquid oxygen-based testing during the pandemic’s second wave when the country immediately needed medical oxygen for Covid-19 patients.  http://twitter.com/AgnikulCosmos/status/1384720021469884419?s=20 From finding it incredibly hard to get investors to raising Series A funding of $11 million in May, Ravichandran and his co-founder Moin SPM have come a

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ch support and is gearing up to launch its first rocket into lower earth orbit next year. “We had planned on a December 2021 launch, but things got pushed a little due to the pandemic,” 36-year-old Ravichandran told Global Indian. The company put on hold its liquid oxygen-based testing during the pandemic’s second wave when the country immediately needed medical oxygen for Covid-19 patients. 

http://twitter.com/AgnikulCosmos/status/1384720021469884419?s=20

From finding it incredibly hard to get investors to raising Series A funding of $11 million in May, Ravichandran and his co-founder Moin SPM have come a long way. 

Coming of age 

Despite his love for all things space, Ravichandran found himself pursuing an electrical engineering degree at College of Engineering, Guindy, following which he took up a regular 9-to-5 job in Bengaluru. Two years later, he flew to New York for a master's in financial engineering from Columbia Engineering and landed a cushy job on Wall Street. However, it failed to retain Ravichandran’s interest; he found himself pursuing a film course to figure where his interests actually lay. “All of this helped me learn so much about myself. I realized that space tech was where my true happiness lay and I enrolled in an aerospace engineering master’s program at the University of Illinois Urbana-Champaign,” he says.  

[caption id="attachment_3569" align="aligncenter" width="420"]Agnikul Cosmos Australian High Commissioner to India Barry O'Farrell visiting the Agnikul Cosmos team at NCCCRD, IIT-Madras[/caption]

But he soon realized he was still cut off from the hub of all space tech action: Los Angeles. Ravichandran decided to convert his full-time program into an online one and moved lock, stock and barrel to Los Angeles, took up a job in finance again, and used all his free time to network with the space tech community. “I’d never been a very conversant person, but as I worked my way around the community, I learnt to better myself. It was during this time that I realized there was a problem here,” he says. “The whole launch industry had perfectly good, viable rockets sitting around in labs; nobody was launching them.”  

He wondered why. “That’s when it struck me that I could build a small rocket to get small satellites in space.”  

“Like all brilliant ideas; I discovered that there were others working along similar ones,” he laughs, “At least it was validation that my idea wasn’t super crazy.”  

Back to base 

Around that time Ravichandran got in touch with Professor Satya Chakravarty, a rocket scientist and head of National Centre for Combustion Research and Development (NCCRD), at IIT-Madras. Prof, as he is referred to by the Agnikul team, was willing to give Ravichandran’s idea a real shot. So, in 2017 Ravichandran moved back to India and formally co-founded Agnikul Cosmos with Moin and Prof Chakravarty. The company was incubated at IIT-M and the founders met RV Perumal, former ISRO scientist and the man behind the PSLV launches. “RV Sir guided us on who to hire and how to approach things. With Prof’s help we had access to lab facilities at IIT. We were completely bootstrapped; Moin and I pooled in all our savings,” he says. Gradually the two began meeting the investor community, but most meetings turned out to be more educational than transactional; the industry was at a very nascent stage back then.  

[caption id="attachment_3562" align="aligncenter" width="429"]Agnikul Cosmos Agnibaan, the rocket designed by Agnikul Cosmos[/caption]

They got their first break when Vishesh Rajaram from Speciale Invest helped them with seed funding of $500,000. Gradually people began taking them more seriously and they test-fired their first rocket in 2018. By February 29, 2020 they got more investors on board and raised $3.5 million. Three weeks later the country entered a nationwide lockdown. “But we used the time to focus on design, backup strategies, ways to minimize hardware iterations and maximize software iterations,” says Ravichandran.  

Space for more

But Agnikul is not the only player in this burgeoning space. Several companies such as Skyroot Aerospace, Oneweb, Pixxel, Bellatrix Aerospace, and Dhruva Space are vying for the honors, Hyderabad-based Skyroot, founded by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka, too revealed their fully 3D-printed cryogenic rocket engine called Dhawan-I late last year.  

The government’s decision to throw open space tech to private players in June 2020 came as a shot in the arm for Agnikul. The team went on to consolidate their standing by signing a formal agreement in November 2020 to work with ISRO on building launch vehicles from India. 

[embed]http://twitter.com/anandmahindra/status/1359417110762450945?s=20[/embed]

Earlier this year Anand Mahindra tweeted about the company and announced that he had invested in them in a personal capacity. In February 2021, the team successfully test-fired Agnilet, a completely 3D printed rocket engine; probably the first to be made entirely using a 3D printer.  

[embed]http://www.youtube.com/watch?v=S1GVGbn4-U4[/embed]

Interest in space tech is starting to grow. In fact, the global space industry is expected to generate $1.1 trillion by 2040, according to a report by Morgan Stanley. 

Agnikul’s clients include people wanting to do satellite imaging, telecom companies, pharma companies, people looking to store data in space, researchers experimenting with microgravity, and even people looking to create artificial fireworks.

“We are essentially a cab ride for these people. We help them take their payload up to space. India is now being taken seriously for its private space tech and the industry is changing as we speak,” says Ravichandran. 

Reading Time: 10 mins

Story
Indian-Malaysian Elwinder Singh is revolutionalising the healthcare world with empathy

(August 11, 2022)Two things set apart Elwinder Singh from his family legacy. Firstly, the third-generation Malaysian citizen chose to establish his empire in India when his father and grandfather had worked in the country that was formerly known as the Federation of Malaya. Secondly, he chose the path of entrepreneurship when there had not been any entrepreneur in the family, rather people holding white collar jobs for generations. However, the decision to delve into patient care as co-founder of Connect and Heal certainly has a family connection to it. “My dad had diabetes and cardiovascular problems, and his health condition was deteriorating. Despite developed healthcare facilities in Kuala Lumpur, I realised how difficult it is to sail through patient care,” he informs Global Indian during a conversation. [caption id="attachment_27965" align="aligncenter" width="593"] Elwinder Singh, cofounder, Connect & Heal[/caption] It took lots of time and effort for Elwinder and his family to ensure a coordinated care solution handholding in every single health intervention of his father. With the right support, the senior Singh regained his health, and at the same time, the seed of a different career path germinated in Elwinder’s mind. He was just back after completing his bachelor’s degree from

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t & Heal[/caption]

It took lots of time and effort for Elwinder and his family to ensure a coordinated care solution handholding in every single health intervention of his father. With the right support, the senior Singh regained his health, and at the same time, the seed of a different career path germinated in Elwinder’s mind. He was just back after completing his bachelor’s degree from the University of Warwick, London, and was working at Roger Berger, Malaysia during that time.

Stumbling upon a vision

India, the country of Elwinder’s family’s origin, enjoys a very special place in their hearts. Challenges while dealing with his father’s ailments led Elwinder to think hard about how distressing it might be for many people back home to tackle patient care, right from obtaining the correct advice, to running from one specialist to another for the appropriate treatment. in a country with a population of 136 crores.

Struck with the desire to do his bit and weighing the possibilities of a successful health venture, he made a move to India. Thus began the journey of Connect & Heal which stands by its vision to ‘deliver healthcare with empathy.’

India provided a platform to make a difference

“In India and other emerging markets, the scale of fragmentation in healthcare is amplified,” says the Malaysia-born entrepreneur. While brainstorming all aspects before making the big move, Elwinder identified the huge potential to touch lives and make a difference in the country.

“We are four partners and the CEO of the organisation, Sanjay Vinayak has 20 years of experience working in India,” tells Elwinder emphasising how putting the plan into action in a country where he hardly knew anybody, except a few distant relatives, became possible.

[caption id="attachment_27966" align="aligncenter" width="854"]Indian Entrepreneur | Elwinder Singh | Global Indian Galveender Kaur, Sanjay Vinayak, Prashant Kashyap and Elwinder Singh, founders, Connect & Heal | Picture courtesy: Business World[/caption]

Connecting the dots

The fact that his sister Galveender Kaur, a former investment banker, joined hands as a co-founder in taking forward Elwinder’s purpose in life made things brighter.

“Starting in 2016 with Mumbai, Connect & Heal now has a pan-India presence in 300 cities,” informs the entrepreneur whose healthcare venture has touched six million lives so far. The organisation has been providing last mile delivery of healthcare in not just big towns, but also in far-flung areas. Choosing the B2B route, it runs 250 plus on-site clinics in tie-up with one of the largest employers of India to manage primary care of their employees and their families.

“We are also the country’s largest network of private sector ambulances on an aggregated model to bring down response time in navigating emergencies,” he informs. Connect & Heal is currently serving 8,000 pin codes for home delivery of pharmacy and diagnostics services.

Enjoying the new phase

Elwinder’s transition from coming to India rarely during his childhood to living in the country as its resident and enjoying its myriad vibrant hues, is something that he dearly cherishes. “Work has led me to travel to different parts of India and experience it in the true sense, he says,” with a smile.

https://www.youtube.com/watch?v=m0X2t6nqRI8

 

Catering to the healthcare needs of the country during the pandemic as a health warrior has been an exhilarating experience for the young entrepreneur, who has made it to 2022’s Forbes 30 Under 30 list. Talking about the peak time of the pandemic, he mentions, “Crisis is opportunity to serve and find a solution.” Swearing by the powers of health-tech, he remarks, “Technology stepped up to bridge the gap that was created by the lockdown.”

Basking in entrepreneurship 

 “Things do not always happen according to plans but being able to adapt, having plan B, and being quick on the feet to navigate the situation is what it takes,” he says talking about his success as an entrepreneur. “I am blessed with a good team,” he adds.

Connect & Heal’s thousand-plus strong team size combines non-medical and medical service-providing partners committed to improving the overall health outcome for patients through primary care, preventive care, emergency assistance, covid assistance, and hospitalisation assistance. “We are in midst of unveiling a top-of-the-line technology platform which will get rolled out very soon,” informs the young entrepreneur, whose went to a Malay-medium school. “My Hindi is reasonably good now and I am catching up with Punjabi, quite well,” he signs off with a smile.

  • Follow Elwinder Singh on LinkedIn

Reading Time: 5 mins

Story
CNC Technics: ISRO’s partner in crafting India’s space glories

(August 26, 2023) The triumph of India's lunar mission, Chandrayaan-3, is not only a cause for celebration within the nation but is also gaining global recognition. Amidst the accolades rightfully directed at our scientists, there exists a group of individuals who have been diligently toiling in the background, playing a crucial role in the accomplishment of this monumental mission. Among these unsung heroes stands the Bandaru family from Hyderabad, and at the heart of their efforts lies their company, CNC Technics. [caption id="attachment_44217" align="aligncenter" width="692"] Vijay Krishna Bandaru with his sons Rahul and Rohit[/caption] Established by Vijay Krishna Bandaru in 1987, this firm has been working silently yet significantly, contributing to India's remarkable advancements in aerospace and space exploration. In close collaboration with the Indian Space Research Organisation (ISRO), CNC Technics has proven to be an indispensable partner, utilising its advanced manufacturing capabilities to drive the success of ISRO's endeavours. Currently managed by his sons, Rahul and Rohit Bandaru, the company’s directors, CNC Technics has been a significant part of various ISRO missions. "We developed the cryogenic fuel lines, which are instrumental in transporting fuel from storage tanks to the combustion area, for the Vikram Sarabhai Space Centre (VSSC), which

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a significant part of various ISRO missions.

"We developed the cryogenic fuel lines, which are instrumental in transporting fuel from storage tanks to the combustion area, for the Vikram Sarabhai Space Centre (VSSC), which were used in the third stage (cryogenic stage) of the launch vehicles to transport the two fuels from the storage tanks to the combustion area," shares Rahul as he connects with Global Indian, adding, "It has been a great privilege to be a part of India's space odyssey. We are very happy to be able to contribute to this magnificent journey."

[caption id="attachment_44218" align="aligncenter" width="643"]CNC Technics | Global Indian CNC Technics[/caption]

It's not just ISRO, this company has forged partnerships with prominent names like SpaceX and Taiwan Aerospace on the international stage. Their offerings extend to supplying equipment to subcontractors and suppliers for SpaceX, NASA, and the European Space Agency. What's more, they are working hard on equipping local space agencies and nurturing innovation on a worldwide scale.

Standing along ISRO

This story starts when India successfully tested five nuclear bombs at Pokhran. The tests subsequently resulted in various foreign economic sanctions being imposed on the country, banning the export of certain defense materials and technologies. However, what seemed like a tragedy, turned out to be a great opportunity for the country to start making these projects at home. And Vijay Bandaru grabbed this opportunity with both hands. His company made its mark early on by developing the first CNC Filament Winding Machine in India back in 2000, an achievement inaugurated by the late Dr. Abdul Kalam during his tenure as the Scientific Advisor.

"My father is an IIT Madras graduate and has been a part of ACC Cement at the start of his career. In fact, he was the man behind the introduction of Ceasefire Fire Extinguisher to the market," says Rahul. "Our partnership with ISRO started in 2008, and we have been a part of various missions The journey of creating intricate components for ISRO has been a mix of years of research and development in various engineering spheres, including material engineering, processing, molding, robotics, and process engineering."

[caption id="attachment_44219" align="aligncenter" width="716"]CNC Technics | Global Indian CNC Technics' 6 Axes 1 Spindle winder[/caption]

Shedding light on their collaboration with ISRO, he says, "There are three stages to launch a space satellite. While the first two stages were made in India, until a few years ago, ISRO would export the third stage - cryogenic stage - was being bought from Russia. ISRO reverse-engineered a way to manufacture the cryogenic stages in India, and they approached us to make the cryogenic fuel lines for that purpose. We worked with them for about seven years to produce these pipelines which were then used in the subsequent flights."

CNC Technics played a very vital role in the historic launch of 104 satellites at the Satish Dhawan Space Centre (SDSC). "Since then, we have been at the forefront of manufacturing critical components for the aerospace industry, aligning seamlessly with ISRO's goals." In 23 years, CNC Technics has crafted over 280 machines, extending their reach to more than 30 nations, encompassing the UK, USA, Russia, Canada, and Australia.

Adventurous duo

If you were thinking that with so many projects on their hands, Rahul's and Rohit's lives would only be about work, you couldn't be more wrong. The duo, who is quite invested in developing new technology for the country, are also quite adventurous. "I am quite a fitness freak," laughs Rohit, "I recently did a 5k swimathon in Goa. I also have a Half Ironman Triathlon under my belt, and now training for a full Ironman too." And he isn't just done as yet. Rohit is also an avid hiker and mountaineer, who has scaled several peaks across the globe. "The trick is to plan in advance," he says talking about how he manages to find time for these activities, "I mostly have a whole year scheduled and I make sure that all the work is done before I take the vacations."

[caption id="attachment_44220" align="aligncenter" width="630"]CNC Technics | Global Indian Rohit Bandaru is a fitness enthusiast[/caption]

Rahul, who is a self-proclaimed "food lover", holds a special place for motorbiking in his heart. "I also swim. But, in all honesty, I am a father of a small kid so currently all my time is just dedicated to home," he shares.

The future looks promising

Beyond its contributions to aerospace, CNC Technics lives by its core values of pioneering innovation. Their brand, Helipole has introduced revolutionary composite lighting solutions - completely non-metallic street light poles that outlast traditional alternatives while ensuring safety and durability. Additionally, the company is working on the next generation of carbon fiber pressure vessels, aiming to replace steel gas cylinders for greener hydrogen and CNG fuels. "Our goal is to remain at the forefront of innovation in this industry, introducing novel products to the Indian ecosystem that are yet to make their mark in the local market," shares Rahul.

Currently, CNC is heavily investing in ISRO's first crewed orbital spacecraft - Gaganyaan. "We have already started working on developing larger fuel lines for Gaganyaan. I must add that ISRO's professionalism and their intensity is very commendable and keeps us inspired," shares Rahul, as he signs off.

  • Follow CNC Technics on their website

Reading Time: 6 mins

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About Global Indian

Global Indian – a Hero’s Journey is an online publication which showcases the journeys of Indians who went abroad and have had an impact on India. 

These journeys are meant to inspire and motivate the youth to aspire to go beyond where they were born in a spirit of adventure and discovery and return home with news ideas, capital or network that has an impact in some way for India.

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