Avaali Solutions is among the 50 Start-Ups to look out for in 2019
Avaali Solutions featured as the top 50 start-ups to look out for in 2019 by www.entrepreneur.com. Here is an excerpt from the interview with Ms. Srividya Kannan, Founder Director of Avaali Solutions.
Avaali is a consulting and technology services company specializing in Information Management. We work with large enterprises to help them increase process agility, drive governance and compliance with Information Management solutions. Avaali has worked with over 55+ large enterprises across Asia, Middle East and Africa to help them automate their processes including shared services centre and drive business performance. In conversation with Entrepreneur India is Avaali’s founder and director, Srividya Kannan.
Where Do You See Your Start-up a Few Years Down the Line?
We would have demonstrated success with most large enterprises in our target markets, in terms of significantly improving their process agility, bringing down their costs and enabling continuous, incremental innovation.
Which is the Biggest Risk You Have Taken as a Start-up?
It took us 18 months to get our first order. To wait or pivot was a big decision, we continued to persevere and eventually, it turned out right. But this was perhaps the biggest risk we took.
How Does Your Start-up Impact the Society at Large?
We provide immense opportunities for freshers coming out of universities to deliver next-generation solutions to large enterprises. We train them on emerging technologies and equip them with the skills and knowledge required to be able to add value to the real world. We contribute to creating jobs. We enable innovation by not only developing new solutions that add value to our customers but also support our customers to innovate via new technologies.
What is the Single Biggest Aspect that Ensures the Success of a Start-up?
There is no magic formula. There are a number of factors that contribute to start-up success – having the right capital, the right team, capital, experienced founders, timing etc. are all important. However, if there is one big aspect, it is that of solving customer problems or identifying unique opportunities that others don’t see.
A Message for the Upcoming Start-up Founders
Have a checkpoint at regular intervals in terms of the problems you are trying to solve and if the timing is right. Asking these questions not only at the time one starts off but also over a period of the life of a start-up, allows the start-up to always stay relevant to the customer.