Business Description:When we started the company with very little capital, we decided to deploy the best resource available at our disposal which was the knowledge, experience, network and personal credibility we had earned over years.
On this, we built up a revenue model which works on a relatively low risk basis where we facilitate order generation, brand building, enhanced bottomline, organic and inorganic growth for our clients who are typically Indian companies seeking to become global players.
In the process, we virtually adopt medium to large family owned companies marketing function and commit to a 5 times increase in the top line and a 3 to 5% increase in current bottomline figures.
To achieve the results, we deploy the rich network available with the team members at Oval Impex who have, between them more than 150 years of experience of working with Companies such as Bharat Forge, MG Rover, Atlas Copco, L&T, Thermax, Phillips, Finolex, etc.
We also have a team of global advisors who include Directors, VPs, Purchase heads of Ford Motor, GM, MG Rover, Dana Corportion, Cummins, etc. Today, our clients include Sundaram Industries, Bagla Group, Sandhar Group, Perfect Engineering, Kala Genset, etc - all of who are multicrore companies.
Industry:Export/ Import
Founded in:2003
Source of idea:
Significant Competitors:TATA International / TVS International / Usha International, Adani, etc
Company Details :
Company Name:Oval Impex
HeadQuarters:Pune
Stage of the company:Scaling up
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):2-5
No of companies promoted:Yes (5)
Profits (2006):6 to 15 lacs
Profits (2007):16-50 lacs
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Bank loans & mortgages
Institutitional Capital:No
Revneue Model:Through commissions earned or a fixed monthly / result based remuneration
Awards & honors:
Promoters Details :
Promoters Name(s):Milan Naik
Age:43
HomeTown:Pune
Education:Bachelors
No of companies promoted:Yes (5)
Family Background:First gen entrepreneur
Job:CEO at Equatorial International Ltd
Ex-Job Description:CEO
Favorite Book/Movie:The Alchemist & Lessons from top
