Their official titles were enough to be happy for, but weren’t. Not for these crowned and thriving CXOs of Indian origin who have come ‘back home’, seeking to bolster career graphs with hands-on experience in running “very small companies” in India.
Shunning garage start-ups in California and thriving Infosys in Bangalore or Hyderabad, a new network of Indian origin professionals is casting a wider net. Their lookout is for Indian companies that have little to their name but a sound business vision and a fundamental ability to stay afloat.
The onerous task of making these good Indian ideas turn very big and successful falls on Lumis Partners, a private equity fund started up by three Indian executives who reached the top of the global corporate ladder, but decided to throw it all away for Plan B: Telling Indian firms how to become bigger.
The trio, friends for decades, has found one such small company that they plan to fund and infuse with a new, far more professional management soon. But the target is to find many more such companies and service them with a ready pipeline of global talent that is not easy to come by otherwise.
“We have a lot of support and interest from Indian CXOs from the world over—people with years of experience in global corporations who would like to leap out of comfort zones and support small Indian firms build the right environment for a prolific growth,” says Rohit Bhayana, a GE scion who worked in various corporations all over the world for nearly two decades before kick-starting Lumis Partners.
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