THE BUSINESS


Inside Success Stories

Kaustubh Phadtare

Mr. Kaustubh Phadtare, Managing Director of Kavitsu Robotronix has had an interesting and inspiring business trajectory. Since he was a child, he saw his father work with machines. Big machines and cars always fascinated him. He was always intrigued by how they worked.

As he grew older, the dream to work with these became his passion. He pursued Engineering in Instrumentation and Control and completed his B.Tech from Vishwakarma Institute of Technology, which is one of the finest colleges in Pune. Further, he went ahead and did his Masters in Robotics from Newcastle University.

Where his project with ABB robotics which included giving a vision to a robotic manipulator was very well received. He always dreamt of working with automated systems and robots and Newcastle University provided him with everything he wanted. Those were the years that pushed towards realizing his dreams and making breakthroughs in this field.

Kavitsu as a brand was previously well known in the Gearbox industry. Slew bearings was a relatively new field. Their journey with slew bearings began when his father saw a rotating gear in Voltas. At that time, slew bearings were a niche market and everything was either imported from Germany or China. They discussed this and decided to Make it in India. That's how Kavitsu Robotronix was incepted. They did numerous tests and RnD and launched it in the Indian market.

It was well received by the businesses as they were extremely competent and delivery times were relatively on the lower side as compared with other counterparts. They can proudly say that they are counted amongst India’s leading manufacturer and exporter of slew bearings. USP of Kavitsu is Faster delivery periods, extremely competitive pricing and quick turnaround time for services. The main USP is that they provide high-quality repair and refurbishment services for damaged slew bearings, which currently no one in India provides. That is the reason why they have regular clientele from the construction and material handling industry.

Their mission is to cater to the domestic market while reducing the burden of imports. They focus mainly on Make in India concept which is the brainchild of our honorary Prime Minister Mr. Narendra Modi.

Vaijayanta Chougule

Vaijayanta Chaugule completed her Chartered Accountancy course in May 2008. Her decision to become a Chartered Accountant was made in childhood itself and the motive was then limited only to be a helping hand to her father. But as she grew up watching her Father Late. Rameshchandra T Chaugule as a professional she realized what and how much it takes to be a successful and renowned Chartered Accountant.

She completed her schooling and subsequent education thereafter in Kolhapur. She stood 4th in the HSC exams in Kolhapur Board in 2002 by securing 89.5%.

She did her CA Articleship under her father who was one of the most respected CAs in Kolhapur with clients from varied backgrounds giving her exposures to multiple Industries and their financials. In 2013, she completed a certificate course on IFRS conducted by The Institute of Chartered Accountant Of India. Vaijayanta Chaugule got selected as a campus recruit in Credit Suisse India Limited- A Switzerland based Investment Bank and got a good exposure. She worked there till May 2011 in Financial Accounting Department. During her tenure along with rich experience in global financial accounting and SOX compliance, she also did a short stint at London for professional assignments.

She participated as a group leader and presented a presentation before CAs working in Credit Suisse relating to SOX which qualified for CPE hours training and exceptionally stood 2nd in the competition, Achieved Individual Excellence Award in 2010 for the principle, “Collaborate and share your knowledge and networks” in supporting “The Exchange Trade Derivative Project”, Actively participated in various competitions and philanthropic activities of the Company are some highlights of her career at Credit Suisse.

Her firm was established in 1980 in Kolhapur, the southern region of Maharashtra state. The firm has legacy passed on from a well known CA Mr. P. D. Kunte from Mumbai, who was on board of many prominent Corporates.

Her expertise lies in Audits, GST and Tax Consultation, besides, professional services for setting up new Companies, Mergers, and Acquisitions. She also mentors start-ups on operations planning and financial planning keeping in line with the present rise of the start-up economy.

Her firm has four decades of experience but is in tune with advanced and recent practices in the business. Thus delivering the customers the dual advantage of experience and new-age research.

She likes to do start to end customized hand-holding for any business process, be it as basic as Income Tax Return filing to complete Project consultancy.

Mr. Vijay-Sharma

The boy named Vijay Shekhar Sharma who belonged from a small village in Aligarh was born to a man who was a highly principled school teacher. He finished his secondary schooling at the age of 14. However, his entire education being in Hindi, he did not know to read and write English and soon found that it was necessary to learn the subject to get into a good college.

Two words that come to almost every Indian’s mind while Shopping, Post demonetization, are “Paytm karo.” Paytm has brought a paradigm shift in the retail industry by completely transforming the payment methodology.

Initially, this online wallet cum e-commerce website was used to make payments for limited utilities like mobile and DTH recharge and shopping bills. Over the years, this portal has expanded its scope and has brought about anything and everything under the ambit of its operations. Customers now can recharge their metro card, pay bills for utilities like electricity and water, transfer funds to other bank accounts, book flight/train/bus tickets, make hotel reservations, etc.

Paytm is an acronym for ‘Pay Through Mobile’ which was founded in 2010 by Vijay Shekhar Sharma, who is the Founder & CEO of Paytm. Paytm is an Indian e-commerce website as well as an app that offers its user to pay online for many services like prepaid and postpaid mobile recharge, book the flight, bus and train tickets, pay hotel bills, broadband or electricity bill with many cashback offers and gift vouchers etc., using your mobile number.

Paytm today stands as a huge company in India. However, there are very few of us who know about the struggle behind the success of the man who found Paytm. The man who owns a $3 billion company today had started with just Rs 10 in his pocket.

He took the challenge positively and started learning the language by borrowing books from his friends and reaching out to old magazines. He took two books at the same time where the first would be a Hindi version and the second one an English one. The first bencher boy when admitted to an engineering college in Delhi soon became a part of the back benchers. Soon, his good grades turned into bad, and he completely stopped attending his college.