Senaxus Brightening The Future
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IF YOU WANT TO WALK FAST, WALK ALONE. BUT, IF YOU WANT TO WALK FAR, WALK TOGETHER
- RATAN TATA
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ynonymous with innovative solutions, Senaxus under the hegemony of two college friends, Vikas Owdhbal and Rajesh Kumar Budia, commenced its operations with a humble seed funding, and it has grown by leaps and bounds doubling its size year after year and now it aspires to be around Rs.90 Million by the end of this year and around Rs.1000 Million by 2025. In a talk with Mr Vikas Owdhbal Co-Founder and Director at Senaxus, let’s get inspired by their success story and let’s discover what they offer to their valuable customers. 1. Tell us about the company. Senaxus entered the market five years back. Although the planning 56
for this venture was initiated in 2010, the founding directors took some time to come out of their comfort Zones and establish this organization. Purpose-built to serve the myriads need of the modern market, Senaxus Technologies is acing it; they are excelling at delivering turnkey solutions for complete SITC (Supply, Installation, Testing, and Commissioning) of all Solar Solutions, LED Lighting, Electrical Solutions, and Security Solution domain. 2. What were the initial challenges you faced? The major roadblocks were funding, team building, finding the right OEMs and customers. As we were a new entrant in the already crowded market, people were a little sceptical about working with us. But, with the passage of time, we gained the confidence of clients as well as our suppliers. Today, we are associated with the biggest of the names in the Medical, Education, Hospitality, Pharma and manufacturing sectors. 3. Which was that point that triggered the growth of the company? Initially, we were more focused on selling and providing after-sales support ONLY for the offered products by us. But, we realized
that the end client needed someone who could take care of his entire project from start to finish. This gave us a new thought and direction and we started providing Integrated End to End Solutions to all our prized customers. We started working as a consultant to our clients right from the conceptual stage to designing to execution and providing after-sales support to our clients. This propelled our growth and gave us an edge over our competitors. 4. How have the company graphs changed since the foundation? Commenced its operations with a humble seed funding, the company has grown by leaps and bounds doubling its size year after year. When we started our operations, the first year’s revenue was around Rs.5 Million, which scaled up to Rs.15 Million in the second year and Rs.30 Million in the third year. Currently growing at a CAGR of 100 percent, we aspire to be around Rs.90 Million by the end of this year and around Rs.1000 Million by 2025. 5. What is the reason behind your company’s long-standing success? Perseverance and a never give up attitude is what keeps us floating. We sail through rough waters by backing ourselves and the entire team very strongly. Adverse situations push us to do better. Moreover, we have a diligent team of young Engineers & Technicians who have been associated with us for over 5 years now. They work tirelessly to achieve common company goals. 6. What are the products/services the company focuses on? How January 2020
