World's youngest CEO in India

Suhas Gopinath, who at 14 earned the distinction of being the world's youngest CEO, is ready to make his next big move: a possible takeover of a Chinese firm and raising $4 million to fuel expansion plans. Well this is quite a old news...I know... but since we are talking about inspirations in Indian business world .. I thought of giving it a new life.

Gopinath, CEO and president of Globals Inc that he founded in 2000, said the four-year old Shanghai-based firm he is in talks with, is operating in the RFID and IT solutions space, with 50 employees and 150-200 customers.

"We are in discussion. If everything goes well, we hope to conclude the deal by March," the 20-year-old told PTI today.

He said it would either be a merger or an acquisition. The synergy would give Globals a foothold in Chinese, Singapore and Korean markets, he said, adding, employees of the Chinese firm in question have tremendous skills in the multimedia space as well.

Gopinath is also in talks with private equity players and banks to raise $4 million. The company, which currently has a headcount of 600 employees, has plans to build its own facility here housing 800 employees. The company has opened an R&D and business development centre at Frankfurt in Germany, which he said was the "right hub" as most of his clients cater to European market.

Some facts:
1. Suhas Gopinath (born 1986) is CEO and President of Globals Inc, a company he founded in 2000 in San Jose, California, United States
2. The laws in India did not allow him to setup a company as he was at the time a minor at age fourteen.
3. He has been named the world's youngest CEO by the media several times.
4. His business has grown from 4 employees to over 400 under his leadership.
5. The company has offices in Australia, Baharin, Bangladesh, Canada, India, Italy, Spain, UK & USA.
6. His company has got 2 products eSchola & e-Campus in its kitty
7. I tried to trace his first website www.coolhindustan.com but looks like its missing. can Someone help me please?
8. This portal bagged Best Indian portal award in 2001 & this is where Suhas started his journey.
9. He lost a deal in Singapor in 2003 because he was too young to sign the MoU. The deal was covering six contracts to develope websites with e-library capability & worth $22,000
10. Suhas' ambition as a child was to become a vet, but the internet fired his imagination when he was 14.
11. Barely two months after the launch the site was hacked into and changed overnight to CoolPakistan.com.
12. In 2003 he had plans of developing a GPS (Global Positioning System) -based vehicle tracking system that would cost less than Rs 5,000 and should be launched in one year. A similar system costs upwards of Rs two lakh
13. the company has developed products like the Corporate Image Enquiry system for the healthcare, banking and aeronautics segment, the Institution Management System for schools and the vehicle tracking system for fleet operators and Government machinery.

Here is a sneak peek for you guys from the Globals inc website:
Bangalore, INDIA - August 7, 2006: Globals ITeS Pvt. Ltd., the Indian wing of Globals Inc today officially received the confirmation order from Kendriya Vidyalaya Sangathan, Ministry of Human Resource Development, Government of India for Office Automation and Student Information System project in which Globals will be centralizing 957 Kendriya Vidyalaya Schools under 18 Regional offices across the country.

Out of 957 Schools, approximately 400 schools currently have broadband connections and the rest of the schools have dial-up internet facility. Globals had built a prototype of this project which took more than 8 months to develop that was implemented at 13 Bangalore based Kendriya Vidyalaya Schools for testing, and then was exhibited to the Kendriya Vidyalaya Head office on April 26, 2006. Through this project, Kendriya Vidyalaya Head office at New Delhi will be able to monitor attendance of students and staff at every school, and they can also instantly generate reports on Payroll, Attendance, Examination, Marks, etc from any Kendriya Vidyalaya school in the country. Similarly the respective Regional Office of any school can also generate reports instantly without much manual intervention.

This package by Globals includes 3 levels - Head Office, Regional Office and School levels. At School Levels, even Parents can access their ward's day-to-day activities including his/her attendance, marks, viewing of virtual marks card, etc. The modules packages in this project are Staff Management, Student Management, Fees Management, Payroll, Time Table, Library Management, Leave Management, Virtual Notice Board Card, School Event Management, Students' Attendance, Virtual Marks Card, Examination, and Student/Staff Search module.

According to the Head of Software Solutions at Globals, this project may take around 6-8 months for us to completely integrate and network all 957 Schools and 18 Regional offices. Globals plans to officially inaugurate the final implementation of the project at the Kendriya Vidyalaya Head Office from Shri. Arjun Singh, Hon'ble HRD Minister, Govt. of India.

This E-Governance project is first of its kind to be executed under the Ministry of Human Resource Development, Govt. of India.



If any reader knows more about Suhas Gopinath or Globals Inc & how it has progressed through out these years it will be more than a help for us. We are eager to hear about it. We have been reading news those are old enough. Lets read something fresh. So guys comments please!!