|
Hot Seat
Her fathers daughter
Madhavi
Vuppalapati, Founding President and CEO of Prithvi Information Solutions,
finds her inspiration in her father who has guided and moulded her as a person
and professional, writes Vertika Yadav
As a young girl, Madhavi Vuppalapati wanted to become a doctor and save lives.
It was only on her fathers insistence that she grew up to be her own boss.
My father always told me that providing a living to thousands is better
than saving a hundred lives, recalls Vuppalapati, Founding President and
CEO of Prithvi Information Solutions.
Today, Prithvi is a fast growing IT solutions providers in India, and has been
identified as a key emerging player in the IT services segment by the Pittsburgh
Technology Council of USA. Founded in 1998, the company has a global presence
with offices in the US, Britain and Singapore. It also has four global delivery
centres in India, of which three are located in Hyderabad and one at Bangalore.
In the near future, Prithvi is planning to come up with a state-of-the-art campus
housing 1,500 professionals at Hyderabad.
Considering the kind of influence her father has had on her, it comes as a surprise
when she reveals that Prithvi is not her fathers name. Vuppalapati adds,
We did not want to categorise ourselves into any bracket. We named our
firm Prithvi because we wanted to be a global company providing a wide range
of solutions.
With her fathers guidance she went on to finish her BE from Osmania University.
Then she completed her MS degree in Computational Mechanics from Carnegie Mellon
University, US. Before setting up her own company, she worked with reputed organisations
in the US and was Director, Operations at Gateway Resources Inc.
Prithvi Solutions was floated in 1998. I started off by doing some consulting
work, she informs. Around the same time, offshore business had started
to gain momentum. Realising the good prospects in the same, she, her brother
Satish Kumar and five others launched the company; Satish is the Managing Director
of Prithvi.
An order from Merrill Lynch of about $ 9,500 gave the firm a head start. From
there, expansion into the Indian market began. By the end of 1999, Prithvi had
almost 30 people. Another break from Sun Microsystems to do testing projects
kept it going, after which the dotcom bust took place and the company lost some
big projects. But her determination and familys strong support kept her
going at rough times like these. Now when I look back things have been
easy for me. But there were times when I would feel scared that things would
not work out. Adding to my guilt was the fact that I had called Satish back
from his MBA to be a part of this project, says Vuppalapati.
After the dotcom bust she decided to bid for more government projects. In
early 2000, we were fortunate to get a project from the state of Ohio,
she says. That was Prithvis first big break. The order was for around
half a million dollars, and over the next two years it was supposed to reach
$ 6 million. That project gave us a lot of confidence, she recalls.
Today she runs $ 70 million worth of business and has about 600-odd people working
for her; this figure includes 100 in India. Over the years, Prithvi has built
its expertise. The objective is to build a good software consulting company
like Infosys, she states.
The lady of course loves challenges. Everyday is a struggle but I quite
enjoy it. Running an enterprise is a challenge in itself. The company needs
an offshore strategy for growth. We will need some money in terms of cash if
we want to ramp-up quickly. We are also trying to structure our entire finance
system, informs Vuppalapati.
The company has undertaken a project to build a 1,500-seat campus at Hyderabad.
Once you have an outsourcing centre, you need to give the whole range
of services to the client. To be a cut above the rest one needs to multi-task.
Though her life is focussed around her business, Vuppalapati feels passionately
about welfare causes. Whenever she finds the time, she is actively involved
in employment projects for women that can empower and transform their lives.
Once in a while, when she is not working, she likes to watch Hindi masala movies
and cook for her family. She enjoys going out with friends and coyly admits,
I love spending time with my husband. They have been married for
three years.
Leading an entrepreneurial venture from scratch to an enterprise worth $ 30
million has not been easy, but the fear of letting down her father has kept
her going all this while. I have got so much from him, and this is a very
small way to acknowledge that, Vuppalapati concludes.
vertika@expresscomputeronline.com
|