Wednesday, May 26, 2010

Visham Sikand

Visham Sikand established Plat5 Consultancy firm in 2007, it is one of the most lucrative company and the only company in India to produce profits for its client at zero cost. visham sikand does by providing innovative ideas to customers of the client corporate company in return for a certain payment.

Sikand’s Plat5 has generate nearly Rs100 crore as revenue, and has joined with some of the biggest corporate organizations across the globe. The company has entire control over the concept and has already sold its ideas to over a million clients. Moreover, He is confident of generating two million customers in very short period of time.

After the establishment of Plat5, Sikand jumped into the field of medicine and launched Indian Health Organisation (IHO) Pvt Ltd, the first company in India to initiate ‘Health Plans’. With a group of more than 1,000 doctors and labs, the company has already made its presence felt in a big way.

The group of IHO doctors is superior to most big individual hospitals or labs in the country. IHO offers health plans that ensure all the pre hospitalization needs of a patient, especially for those individuals which are not covered by insurance. In last three months, IHO has joined up with some of the leading corporate and insurance companies for its innovative launch.

As for the plat5 products, they have been tested, experienced and valued by over million clients. The company has been successful to meet the ever growing requirements of the Indian masses by working towards providing lifestyle benefits like vacation, travel, dining, health, and high-end merchandise.

Earlier Sikand was aiming at the financial area. But now, as the company has managed to secure a customer base so; he plans to focus on other equally important sectors.

The biggest achievement of plat5 is to appear as a money-making enterprise for itself and the partner company as well. And this was only possible because of Sikand’s exclusive concept and his astonishing ability to take the company miles ahead of the set goals.

About Visham Sikand

When Visham Sikand decided to establish his own business he kept two things in his mind that he would start-up with product solution firm for the service industry and he would not hunt for capital from business investors.


He decided to influence his domain expertise, contacts and work experience. Visham Sikand has an experience of working as a national product manager for credit cards at ABN (Amro Bank NV) so; he had a record of people who are keen to try his product. He approached many BPO firms and Product Company to support his Endeavour by permitting him to use their infrastructure.


Plat5 Consultancy Pvt. Ltd is one of the rapidly growing consulting firms. This includes seven banks, a telecom firm and an airline firm in its list of clients. Plat5 generated revenue of Rs100 crore in starting months and in 2008. Visham Sikand was very confident about his start-up relationship with the BPO and product company.


He is one of those entrepreneurs who established their businesses and in very short period of time they take their business into next level. What is noteworthy is that they forged ahead by associating with corporate houses or signing up their first client as a sponsor, or by getting financial help from an industry expert, but without offering any chance in return.


Visham Sikand says, offering a stake at the beginning of a business, particularly to venture capital firms, can bring more limitation than support. “Investors are superiors. They put restrictions on you; it should be your creativity and independence of running your business or control it.


He says that he is getting merger and acquisition offers, as well as funding offers from private equity firms. So, he adopted an approach that distinguishes with a wider trend in which many businesses are starting out on the principle that venture capital funding will look out their future requirements.


Within a few months of commencement, entrepreneurs started investigating for venture investment without recognizing that most venture capital funds do not invest at the ground level and having at least one paying customer is must.