Adhish Maity PG-01

Company Name- Accel Frontline pvt ltd Year of founding-1991 Headquarters-Chennai Website-www.accelfrontline.in Area of Business-Information Technology Revenue- Rs 330.81 crore in 2010-11 Profit- Rs 6.34 crore in 2010-11 Future Target-$ 500 million

Spend his childhood in Kerala in the 1960s Poor Family(Malayalam-medium village school) Visited local Tea stalls(musicians and political debates) Local Communist Party of fice(Soviet union and East Germany) Engineering College in Thiruvananthapuram Customer Service Executive in Hindustan Computers Ltd(HCL) in Coimbatore

By 1988 decided to start his own business The first move by 1991 at the age of 36 Low-capital computer maintenance business and training school Initial Capital of Rs 1 lakh First year turnaround of Rs 51 lakh and profit of Rs 7 lakh Ninth year of business achieved the goal of Rs 100 crore revenue

Private equity investors(ICICI Ventures in 1999 and Intel Capital in 2000 each investing $ 1.5 million Went global in the year 2000 In 2003 Frontline Technologies Corp Ltd of Singapore got 42 percent stake In 2011 Accel acquired British Telecommunications Stake Payoff Rs 100 crore debt Grow the business up to Rs 2500 crore

Have there been mistakes that have set you back? Lack of proper Focus(US Investment and Fujitsu ICIM ltd of Pune) 2) You have concentrated on the Indian software business. Do you think you may have missed the outsourcing boom? Prior focus on Indian Market due to lack of funds in the initial stages 3) What has helped you make the transition from engineer to manager and leader? Be ambitious and urge to learn new aspects of business 4) What character traits have helped you in your entrepreneurial journey? Perseverance and Hardworking attitude 5) After 20 years in the business do you think you still have an appetite for risk? Still prevailing(vision and passion and the required team)
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