Published on March 11, 2014
Emerging Entrepreneurs The third edition of the CII Southern Region Emerging Entrepreneurs Award 2013, in Chennai on 10TH March, 2014
Karunakara M Reddy The company, Smaat India, has annual sales of Rs.120 crore, with about 900 employees and a factory that produces 300 water purifying units a month. Smaat India Pvt. Ltd. 12, Mitti Bowli, Meerpet, Hyderabad, Andhra Pradesh 500079 Telephone No. :+91 9000 365 000
US MAHENDER Hatti Kaapi •It all began in 2009, in a 30 sq ft space below the staircase of a building in Gandhi Bazzar in Basavangudi, Bangalore “with an initial investment of Rs.1 lakh”. •Filter coffee at 25 outlets and employs about 120 people •Sells about 70,000 cups of conventional filter coffee every day •For our retail expansion, needed Rs.1.5 crore; Indian Overseas Bank has given us 30 per cent and the balance is through internal accruals •http://www.hattikaapi.com/home.html
NITHIN KAMATH • Founder and CEO, Zerodha • Zerodha, an online stock trading company, has around 27,000 customers from Maharashtra, NCR and Southern India, and handles an average of Rs.5,000 crore every day, or 1 per cent of the NSE’s average daily turnover. • The model centres on using technology at the back end to power business. Zerodha does not have real estate expenses and low employee overheads. It has 100 employees • “If you look at our business, we have done fairly well and expect to close this fiscal at Rs.40 crore with 50 per cent margins,” he says, adding that the downturn was a good time to start a business.
Groom India CK KUMARAVEL, Co-founder, Groom India Groom India Salon and Spa Pvt Ltd. The company’s chain of salons was branded ‘Naturals’. Naturals is now a 350-salon chain. It has a presence in Sri Lanka and is exploring more markets overseas. There are 180 women entrepreneurs in the franchise, which has generated over 6,500 jobs. “We do make a lot of money. But the focus is on creating women entrepreneurs,” he says. In 2013-14, the Naturals brand generated Rs.250 crore in revenue.
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