ARKA EDUSERVE PRIVATE LIMITED
“Quality people helping quality organizations to produce quality results. That’s Educational Services Company”.
ARKA EDUSERVE Pvt Ltd is the educational services company incubated by MATS Institute of Management & Entrepreneurship (MIME) for 2 students of the 2007-09 batch, Mahaveer and Sharan. The company got incorporated on 22-05-2008.
Speaking to MATS Ink, Sharan said: “Education is the next booming sector. The company has very huge growth prospects, I am very happy that our Chairman, Shri. Chenraj Jain has provided us with a great opportunity to incubate an educational services company.
Right from the day zero the experience has been fantastic. The Learning curve was steep through each day. Interaction with the Chairman, the Deans and Faculty of MATS have added up to a huge amount of learning. I could not have imagined that we would be actually involved with drafting the Memorandum of Association, the Articles, deciding on the company name, define the capital structure, the company structure, relationships with group companies. Mahaveer and me have actually discussed each steps with our CA, with Private Equity Investors, with consultants like KPMG, Ernst and Young and had opportunity to interact with a fellow student from Wharton who was into his internship with a Private Equity Investor from Singapore. In the process we met up with an alumnus of Stanford, who is the Managing Director of a PE firm. We prepared a Business Plan end to end, we have now started the implementation process. We are looking to hunt and induct talent into the company and are setting up the marketing arm and other business units for the company. All this has been a dream come true.”
Mahaveer adds, “We will grow into a 100 crore company in the near future and will go in for an IPO. Our sights are set beyond India, we will be a truly global company.” R. Chenraj Jain, Chairman Jain Group says, “I am confident of Mahaveer and Sharan’s abililty to take the company to commanding heights. I would like them to grow the company and to plough back surplus earned into social projects of the Jain Group like free schools for the underprivileged, scholarships for deserving young people and sports persons.” Prof. Udayachandra, Dean, MATS said “I am confident that ARKA will be one among top few business enterprises in the country in few years, since the company has entered in to a sun rise sector.”
Dr. Ramakrushna Panigrahi, Professor in Economics says “ARKA Eduserve Pvt Ltd is a great initiative to ensure professionalism in academic and research services. It will certainly bridge the gap in the existing system. I wish all the best to the budding entrepreneurs and wish them all success In their endeavors.” Prof. NVH Krishnan, Dean, MATS said “I am amazed with the grasp of these young entrepreneurs. They are able to comprehend and respond to the complex and intricate realities of operating business enterprises. Their speed of execution is also phenomenal. They need minimal guidance and absolutely no supervision. Mentoring them is truly an enjoyable experience.”
“Quality people helping quality organizations to produce quality results. That’s Educational Services Company”.
ARKA EDUSERVE Pvt Ltd is the educational services company incubated by MATS Institute of Management & Entrepreneurship (MIME) for 2 students of the 2007-09 batch, Mahaveer and Sharan. The company got incorporated on 22-05-2008.
Speaking to MATS Ink, Sharan said: “Education is the next booming sector. The company has very huge growth prospects, I am very happy that our Chairman, Shri. Chenraj Jain has provided us with a great opportunity to incubate an educational services company.
Right from the day zero the experience has been fantastic. The Learning curve was steep through each day. Interaction with the Chairman, the Deans and Faculty of MATS have added up to a huge amount of learning. I could not have imagined that we would be actually involved with drafting the Memorandum of Association, the Articles, deciding on the company name, define the capital structure, the company structure, relationships with group companies. Mahaveer and me have actually discussed each steps with our CA, with Private Equity Investors, with consultants like KPMG, Ernst and Young and had opportunity to interact with a fellow student from Wharton who was into his internship with a Private Equity Investor from Singapore. In the process we met up with an alumnus of Stanford, who is the Managing Director of a PE firm. We prepared a Business Plan end to end, we have now started the implementation process. We are looking to hunt and induct talent into the company and are setting up the marketing arm and other business units for the company. All this has been a dream come true.”
Mahaveer adds, “We will grow into a 100 crore company in the near future and will go in for an IPO. Our sights are set beyond India, we will be a truly global company.” R. Chenraj Jain, Chairman Jain Group says, “I am confident of Mahaveer and Sharan’s abililty to take the company to commanding heights. I would like them to grow the company and to plough back surplus earned into social projects of the Jain Group like free schools for the underprivileged, scholarships for deserving young people and sports persons.” Prof. Udayachandra, Dean, MATS said “I am confident that ARKA will be one among top few business enterprises in the country in few years, since the company has entered in to a sun rise sector.”
Dr. Ramakrushna Panigrahi, Professor in Economics says “ARKA Eduserve Pvt Ltd is a great initiative to ensure professionalism in academic and research services. It will certainly bridge the gap in the existing system. I wish all the best to the budding entrepreneurs and wish them all success In their endeavors.” Prof. NVH Krishnan, Dean, MATS said “I am amazed with the grasp of these young entrepreneurs. They are able to comprehend and respond to the complex and intricate realities of operating business enterprises. Their speed of execution is also phenomenal. They need minimal guidance and absolutely no supervision. Mentoring them is truly an enjoyable experience.”
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