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BW Businessworld

Don’t Do It Just To Make It Big

The government tendering process is still more or less closed for startups. They need to put some serious thought around their procurement norms

Success mantra 
Persistence. Things will go south, they will deviate from your plan, you will face uncertainties. Only thing that can bring you close to success is persistence. Don’t give up.

The driving force behind your success 
Well, I wouldn’t categorise myself as successful. I believe there is a lot to be done, and a lot to be achieved before you could call me successful.

Business advice 
My first manager Banwari Lal at Carwale.com told me something that I still follow. He said, “Don’t sit on a problem, take a decision. It might be right or wrong, but if you sit on it, it’s definitely going to be wrong.”

Tips for budding entrepreneurs 
Find your true love, or develop one towards what you have found. If you do it just to make it big, you might run out of steam.

Government support 

It’s a start, at least they have started recognising us. We have a long way to go. The government tendering process is still more or less closed for startups. They need to put some serious thought around their procurement norms.

The team 
This is fairly binary. If you don’t have a good team, you know the outcome. I call this ‘necessary but not sufficient’. As an entrepreneur, having the right team in place is one of your greatest requirements. Even the most systemised and financially well-backed business won’t be able to grow successfully without the right team. People want to work for a company whose values are in line with their own values; they want to work at a place that has a culture that inspires them and drives them to be better and challenges them. When you combine the values and the great culture with a very strong purpose for being in business, you have a very powerful combination of factors that will serve your company well and inspire the right team more than money or incentives will.
 
Inspiration
I believe in learning from everyone. I look up to my colleagues and have taken inspiration from a charismatic leader, Mahatma Gandhi, and a decorated war hero, Adolf Hitler.

The next step 
We are set to bring about change in an untouched part of urban mobility — parking. With several smart city projects on board, we are poised to leverage this huge opportunity with our sharp focus on execution. In lieu of smart urban mobility, we are working towards upgrading our IoT platform to serve a wider range of stakeholders in the parking ecosystem. We are looking at major product innovation, keeping urban mobility and autonomous vehicles in mind. We plan to look at major international expansion in the next three to six months. We are excited about how cities are changing in the future and parking plays a crucial role.




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