Although this story is from a veteran IT entrepreneur of the country, you will be surprised to know that despite owning a company worth crores of rupees, they will be seen cycling on the streets of Bangalore. Believing simple living and high thinking, this man faced countless struggles to achieve success in business. The story of this man who built a company of zero to 250 crores by defeating bankruptcy and not giving up is very inspiring.
We are talking about the success of Sridhar Pinnapureddy, who laid the foundation stone of a Tier 4 data centre called CTRLS. Hailing from a middle-class family in Hyderabad, Sridhar had a keen interest in computers since school. At that time, he had made up his mind to succeed in the field of information technology. In order to become a successful IT entrepreneur, there were many ups and downs in Sridhar's life, but he never let his inner confidence end.
In 2001, he started his career as an Internet service provider. After working for a few years, he started losing business. Despite the terrible losses he paid all the people and upheld his faith towards the people. Not only this, even in such an odd situation, but he also kept himself and decided to do something new from scratch.
In 2006, after much deliberation, Sridhar talked about the idea of a Tier 4 data centre with his team. At that time the technical team had raised their hands and investors were also against investing in data centre business. At that time there was a lot of challenges regarding the maintenance of difficult applications, they believed that these problems could go ahead. Despite this, Sridhar stepped towards this because he knew that it was the future.
Moving on with his idea, he founded CTRLS in 2008. The decision to go against the investors cost him dearly and almost all the big investors left him. However, Sridhar did not lose courage and went on working. In 2013, attracting the attention of investors once again with his work, Sridhar reassured all the investors who had left him.
CTRL is a platform where corporate and banks are provided with their customized services. Through hardware and software, the company takes responsibility for handling and securing its client's data centre. He has done many of the big companies of the world as his client.
CTRL is today providing satisfactory services to more than 2 thousand customers in the country and the world. CTRL is today competing with global giants like Google, Amazon AWS, and Facebook by providing better facilities for less money. The company's market valuation is over Rs 250 crore.
Sridhar believes that whatever business idea is coming to your mind, there is a need to move forward with it. Starting a business may have to face a lot of ups and downs, but you never have to let go of your strong will.
A personality who built a company of zero to 250 crores by beating bankruptcy
Reviewed by Aapka Guide
on
Saturday, June 20, 2020
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