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.