Facebook Pixel {العنوان: سلسلة} | {اسم المغناطيس: سلسلة} - {الفئة: سلسلة} - اقرأ هذه القصة على Magzter.com
استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

Underdogs turn the tide

June 09, 2025

|

Financial Express Pune

HOW THREE MIDDLE-CLASS ENGINEERS PROVED THAT SOMETIMES THE BIGGEST ADVANTAGES COME FROM HAVING NOTHING TO LOSE

- ANEES HUSSAIN

"SOME DAYS THERE was no food on the table" was dinner-time reality for Pavan Guntupalli during his childhood. But his parents, like most middle-class Indian families, scraped together for education despite facing crushing financial pressures. Both his siblings became doctors. He got into IIT Kharagpur. The family had bet everything on education to provide escape velocity.

That seemingly makes his decision at 22 to quit Samsung—a plum software engineering job in South Korea working on the Galaxy S2, the company's flagship smartphone at the time—seem utterly irresponsible. Guntupalli says he walked away "on a whim" as he thought not taking a risk is not a good idea for an Indian youth.

What followed was seven years of expensive education in the mechanics of failure—real estate ventures that collapsed; tile manufacturing that burned through savings; export businesses that went nowhere; a mining attempt that struck nothing and a marketing agency that flopped. "I had burned my hands honestly royally."

Throughout this parade of failures, one thing remained constant: Aravind Sanka. They had been inseparable since boarding school.

The two friends had decided they wanted to create an impact and build a company of their own. What followed was two years of joblessness. The third member of their eventual founding team, Rishikesh SR, entered the picture during this wilderness period. They met at a conference and eventually got close.

المزيد من القصص من Financial Express Pune

Financial Express Pune

Industry in for a painful transition: HCLTech CEO

INDIA'S IT SERVICES industry faces a “painful reinvention” as artificial intelligence (AI) reshapes how work is delivered, HCL Tech chief executive C Vijayakumar said on Tuesday. He warned the current transition differs from earlier industry shifts as it will prioritise efficiency over headcount growth.

time to read

1 mins

February 25, 2026

Financial Express Pune

Muthoot Microfin plans to reduce joint liability group loans

MUTHOOT MICROFIN IS looking to bring down the share of microfinance joint liability group (JLG) loans to 65% of its portfolio from 85% as part of its asset diversification strategy.

time to read

1 min

February 25, 2026

Financial Express Pune

Citrini's AI scare drives IT index to a 30-month low

• Tech index in bear territory with fall of 22% since Feb 4

time to read

1 min

February 25, 2026

Financial Express Pune

DGCA grounds four Learjet planes of VRS Ventures

THE DIRECTORATE GENERAL of Civil Aviation on Tuesday grounded four Learjet aircraft operated by VSR Ventures after a special safety audit revealed non-compliances after the January 28 crash that killed Maha-

time to read

1 min

February 25, 2026

Financial Express Pune

Bonds rise on robust demand for state debt

GOVERNMENT BONDS ENDED higher on Tuesday, led by the longer end after stronger-than-expected demand at an auction for state debt and on expectations of reduced issuance of longer maturity notes next fiscal year.

time to read

1 min

February 25, 2026

Financial Express Pune

Stricter rules for charter planes

THE DIRECTORATE GENERAL of Civil Aviation (DGCA) on Tuesday introduced mandatory safety measures for nonscheduled operators after a high-level meeting that examined the recent increase in aviation accidents involving charter flights.

time to read

1 min

February 25, 2026

Financial Express Pune

IPO mkt slows down in Jan

Number of IPOs 3rd lowest in FY26

time to read

2 mins

February 25, 2026

Financial Express Pune

IDFC First Bank repays ₹583 crore to Haryana govt

IDFC FIRST BANK on Tuesday said it has repaid ₹583 crore, including principal and interest, to relevant departments of the Haryana government following the fraud reported at one of its branches.

time to read

1 min

February 25, 2026

Financial Express Pune

Jindal Power lines up $1-billion loan

THE POWER UNIT of the Jindal Group is seeking to raise as much as $1 billion from offshore loans to fund overseas expansion, sources said, providing relief for India's dollar loan market that's been stymied by trade swings.

time to read

1 min

February 25, 2026

Financial Express Pune

India in a virtuous cycle of growth & stability: RBI DG

THE INDIAN ECONOMY, with its macroeconomic stability, policy consistency, and a large and diversified demand and production base, is assured of a continuously improving economic trajectory, Reserve Bank of India Deputy Governor Poonam Gupta said on Tuesday, asserting that high, stable and accelerating growth has become the hallmark of India’s economic journey.

time to read

1 min

February 25, 2026

Listen

Translate

Share

-
+

Change font size