Dipankar Gupta, CoFounder at Suventure
Bangalore, India (MONDAY, JULY 26, 2021)
Great Companies: How did you get your idea or concept for the business?
Dipankar Gupta: Suventure was the brainchild of my mentor and business partner – Mr Vir Bhanu. Having served maximum tenure of our career in IT services and consulting space, when we wanted to embark on the journey of entrepreneurship, IT Consulting and Services were but natural choices – We knew the space, the challenges that came with the engagement models and the rigamarole and day in & day out working on such projects. We wanted to leverage our learnings, experiences and bring out a services model that spelt success for our clients, stakeholders and everyone who was associated with us whilst addressing the challenges – known and unknown.
We started out in Aug 2012 with 3 Co-Founders ( Vir, Harsha, and myself ) – playing with the idea and conceptualisation of our merit of business (including the business planning, financing, hiring, and modelling ) – and eventually, Suventure was born in Dec 2012. 9 years into our journey, we continue to learn, evolve and increase our experiences with yet the common goal that we had from start – work on next-generation technologies and use them to make a positive business impact for everyone who is associated with us – Customers, Employees and any Stakeholders.
Great Companies: What are the various Services provided by Suventure
Dipankar Gupta: Suventure has evolved as a company in its lifespan. Today, we are a “Digital and Technology Services Company” that continues to hold its ground with the usage of the latest technologies and stacks and bring value-added services for global customers. In 2020 – Suventure team decided to pursue three areas of operations namely IT services (Our continued consulting and IT managed services), Digital Media (Online, Publishing, OTT platform development) and Digital & e-commerce (our latest unit that caters to Digital Strategy, Digital Marketing and its components and eventually – Enablement and Transformational Services)
Suventure has also overhauled our external offerings with a new perspective:-
Build – To help companies in the stages of building blocks – be it developing applications, strategy or POC – we have our expertise to assist startups to Fortune 500 companies.
Grow – To help companies in the growth stage – bringing positive impacts to revenue, streamlining processes, using IT, AI as enablers for automation and ensuring you reach the right audience with the right messaging.
Run – For organisations that are looking at achieving steady-state operations, want support on an ongoing basis to manage their IT setup, Architecture, enhancements and new feature development – Suventure brings its capabilities on the table to support and maintain such applications and processes.
Overall – We want to ensure that we are there to support our customers across their life journey of their mission-critical applications, product and service offerings and keeping in mind that Technology, AI, Applications and Digital Adoption will become the backbone of such businesses.
Great Companies: What makes Suventure different from hundreds of other technology services companies?
Dipankar Gupta: Today, we stand at a very unique stage compared to our competition.
While most of the companies (that we consider our direct competition) are either IT services OR digital agencies, Suventure has successfully managed to bring a cross-over between both and we are able to marry both Digital enablement services with the adoption of the latest technologies to achieve our and our clients’ purposes.
Hence, we always present ourselves as a company that believes that Digital Adoption and Transformation is mandatory in today’s business environment BUT it can’t be done without having Technology adoption in the backend. We can deliver both seamlessly.
Great Companies: What are the struggles and challenges you face?
Dipankar Gupta: I believe that struggles and challenges are an ongoing part of running our business operations. All functions in the company must work smoothly, like a well-oiled machine. line and a break can impact final delivery. So we continue to focus on building strong teams that can bring sales and projects, a strong recruitment function to ensure we can attract high-quality talent who can deliver based on our and end customers expectations and eventually all supporting functions like HR and Finance need to be running in smooth operations for things to fall in place.
We always position ourselves as someone that our clients can depend on – and we can deliver when we partner, communicate in transparency and establish trust with our customers for them to get the best value from the entire organisation.
Great Companies: How do you plan to grow in the future? What does 5 years down the line look like for Suventure?
Dipankar Gupta: Well, in the last decade of our journey – we have transformed the organisation from generic IT services to a more impactful company. I strongly believe that the services, offerings Suventure has today – are well in line with the expectations and needs of the market for us to grow in the right direction. We will continue putting our efforts to bring that impact, make our customers successful and grow with old ones and gain some new along the journey.
In five years from now, I believe Suventure will continue to gain laurels from our customers, grow to be a more people-centric company will have our suite of products that are in the space of automation of business processes.
We are committed and will continue to grow on our Service offerings. However – just to point out – we are not “married” to any technology stack and will evolve in this space with the latest tech adoptions that happen across the globe.
Great Companies: If you had one piece of advice to someone just starting out, what would it be?
Dipankar Gupta: I can share some of our learnings for someone who wants to start on their own :-
1-Always have a team/ partners that have your back – As co-founders, we always covered each other whenever there was a need, and will continue to ensure that remains our strength.
2-Save for the rainy day – This is bound to happen and ups and downs are going to be a part of the journey – Always manage reserves that give you breathing space and time to ride the bad wave out. The sun always shines post the night!
3-Positive Attitude – Goes a long way!!
