CREATING WAVES OF SMART DEVELOPMENT for SMART YOUTH- Smart Skill Tech Private Limited
Only a youth who has handled rejection after applying for job can understand the plight of others going through the same. We all cherish a dream to get placed in a respectable organization soon after flying those graduation caps away. Aren’t we brought up in a society where the value of our degree enhances in direct proportion to the package we grab? Think how wonderful it’d be to get the practical experience along with your degree to add feathers to the professional nest. We all are well aware of the widened gap between the skill set required by the industry and those offered by the graduation courses provided in our country. It is needless to mention that graduates from eminent colleges are rendered unemployed due to this huge gap. Smart Skill Tech addresses the current Skill Gap. They minimize the gap that is required by a corporate and that which is theoretically acquired by a student. They provide skill development courses along with placement services. As students are clueless about their life after graduation, this venture acts as guiding light for all such students. Smart skill Tech is a combination of technology and skill development courses for the Youth who have a potential of working smart. They have their focus set on to impart skill development. Using the internet of things and the ever growing technology, Smart Skill Tech is the perfect anchor for the youth who have lost their directions. They provide online development courses with the added benefit of Government certification through their online portal. Youth now doesn’t have to walk miles to attend these rather they can access these courses from their own devices. Skill is just a click away through these online courses. Being one of the youngest yet most powerful of the group companies of C.Dass group, Smart Skill Tech is emerging as one of the trusted venture for the students. C.Dass group understood the way of operations of industry and they came up with their venture at a place where the companies didn’t operate because of unavailability of skill human resource. They took up this challenge and came up with a conclusion to provide free of cost skill development training to the people. While facing the same difficulties in their organisation, they underwent the hardships of lack of skill in their employees. With a felling to give back to the society and the youth of the nation, they undertook the task to provide skill. This lead to the advent of SMART SKILL TECH. Their portal acts as a bridge between skilled job-seekers and job-givers. Registered with the NASSCOM, they dream of turning this venture into a billion dollar company. A MBA graduate in marketing, Vitesh Bhatia, founder of Smart Skill Tech loves reading books. He gives the most practical advice to the budding entrepreneurs to stop thinking of getting the resourc es, and just do whatever one wants to. He derives his motivation from the youth icons Mr. Sandeep Maheshwari and an eminent writer, Mr. Devdutt Patnaik. Let us walk into the entrepreneurial journey of this young man who took the onus of making the youth of India skilled.
1.What is the Name of Your Venture? Any specific reason for this name?
Smart Skill Tech Private Limited
SMART SKILL: It is a combination for the Youth who have a potential of working smart we are focused to skill development rather than knowledge.
TECH: Because the Skill we provide is technologically available rather than travel miles to go to a Training Centre and sit on an uncomfortable chair for 6 Hours every day.
Now everything and everything better is available on the laptops. Hence, SMART SKILL TECH
2.Who is your target Audience/clients?
Our target market is all those who have recently graduated of a degree college and all pursuing a degree or a fresher looking to begin their career. Smart Skill Tech’s target is to increase the chances of placement of those students who have been continuously been rejected from the interviews. Along with this our target are those students as well who are looking to enhance their CV.
3.Where is your venture based (city, state, country) & What are your geographical target areas?
Smart Skill Tech head office situated in Faridabad, Haryana but we are not limited to geographic boundaries.
We provide skill development courses that are Government certified through our online portal. Now, the student has to no more travel so much, they can sit at their homes or a cyber café or their college library and practice our courses. They can study at 7 in the morning or 11 at night, for 1 hour each day or 10 hours straight, now it is their own choice and not a pre-set classroom model.
4.What problems does your venture resolve? What are your products or services?
Smart Skill Tech addresses the current Skill Gap. We minimize the gap that is required by a corporate vs theoretically knowledge acquired by a student. We provide skill development courses along with placement services, as students are clueless about their life after Graduation.
Smart Skill Tech also observed that there are 7.85 lacs engineers’ students who pass college every year, but only 40% of them get hired. Low rate of recruitment is because of failure of the students in their interview or not getting chance of placement. We provide jobs as per the Course Done ex: Data Entry Operator, Associate Analyst etc. while the student is just sitting at home. We also provide value of Government Certificate (NSDC & AOTS – HIDA, Govt. of Japan) on CV of the students that is currently empty/ does not hold much value
5.Share the idea or story behind the venture. How did it came to an existence? What motivated you to start your own venture?
Smart Skill Tech is youngest of the 7 C.Dass Group companies. C.Dass Group has firms which specialize in Manufacturing of Paints, Chemicals, Furniture, Garments and developing an IT Park.
C.Dass Group started its new venture at Wardha as a Wardha IT Park, wardha is the place where the companies didn’t operate because of unavailability of skill human resource. We study this challenge and come up with a conclusion to provide free of cost skill development training to the people. Afterword’s we start imparting the skill development training at wardha centre but after some time we realize that we can target the people only within the radius of 10 KM. With the aim of imparting the training to as many as people, we think for the online training. Than we start thinking for the same and found out some online education websites such as courera, edx, udemy, simply learn etc. They are good at what they do. They are good education providers very unfortunately none of them focus on the skills and where the Indians lacking at the moment is the skill oriented people not educated and knowledgeable people. That is when we started providing Skills. Then we realize within our own group people lacks so many skills, Youth lack in the practical knowledge, they are very good with the theory knowledge which they had learn from their collage or education centre but they don’t know how to practice in their life, they don’t have the problem solving skills which is very unfortunate. Then we realize what we can do for the youth of our Nation which is when we incorporated Smart Skill Tech.
6.Who are your biggest competitors and how do you differentiate yourself from them?
There are many online education websites such as courera, edx, udemy etc. They are good at what they do. They are good at distributing knowledge and information. But none of these websites provide skills. Our courses are designed on the basis of practicality. Our students will gain practical knowledge by doing various exercises. This results in being more equipped and prepared for once a fresher start to work.
Not just that. There is no portal currently that links skill development with placement. We are a portal that acts as a bridge between skilled job-seekers and job-givers. The corporate will no more have to conduct 40 interviews and browse through 400 resumes for a single job vacancy. They can now come to our portal and browse through students using their marks, performance and video resumes.
7. How did you identify your co-founder? Tell us something about your co-founder/s
We don’t have Co-founder
8.How did you hired your first team members? What skills Do you want in your employees/team?
I had borrowed an employee from my Father’s company.
Skills we want in our Team:
- Creative and Innovative Thinking
- Problem Solving skill
- Optimism
9.What expansion plans are you looking for the next 5 years?
Training more than 2,50,000 students and Touching a revenue of Rs 150 crores with more than 50% in net margin.
Social Impact: Guiding more than 50,000 students to build a successful and an everlasting career.
10.Where do you want to see yourself in next 10 years?
A Billion Dollar Company
11.What are your goals over the next 1, 3, 6 and 12 months?
I don’t make such short term goals
12.Have you raised any funding? Or have any plans for the funding?
Bootstrapped
Although we would prefer to be self-dependent. We are funding our own Organization with our own income however it depends on the investor and what would their role be in the funding.
13.What were the problems you faced during the starting days and how did you resolve them?
No body, not even our the team members didn’t like the idea that people would go online for skill development. Govt. Tie-Up did not happen because nobody accepted the online skill development training. So we took a different path, we improve our own communication and convincing skills, we signed up with NASSCOM. And rather than any job role we focus on Data Entry Operator and Soft Skills to began with an aim that they can study the course online and submit the assessment question.
14.What was the most challenging part of your journey till now? How did you overcome those challenges?
Being a Start Up nobody is aware about the Smart Skill Tech. It was very difficult to influence the person’s confidence in us and ask them to pay Rs. 600 for a course. However, by the time we spread the awareness.
15.Are you married, single or in a relationship?
Single
16.What are your hobbies? What do you do in your non-work time?
Books, Table Tennis and Squash
17.Whats your favorite food & holiday destination?
Don’t get much time as of now, will think of something when I will achieve my goals.
18.Whom do you consider your idol or biggest motivator?
Dr. DevduttPattanaik and Mr. Sandeep Maheshwari
19.What do you feel is the major difference between entrepreneurs and those who work for someone else?
Entrepreneurs are somebody who jump off a Cliff and make the Parachute during the fall and the people who work for someone else are those who don’t want to jump.
20.If you had the chance to start your career over again, what would you do differently?
It would have been better if I have make the processes before starting the company
21.How has being an entrepreneur affected your family & Social life?
It has not
22. Anything, you would like to say to our readers or upcoming entrepreneurs?
Just Do It.
Stop thinking of getting of the resources, be satisfied with what do you done.
23.Tell us something about your education & family background.
As per my education background: I have done my MBA – Management/ Marketing
About my family: My father is a successful business man.
24.What is your USP which makes it unique & different from other start-ups in similar domains.
Smart Skill Tech courses are designed on the basis of practicality. Our students will gain practical knowledge by doing various exercises. This results in being more equipped and prepared for once a fresher start to work
Smart Skill Tech bridge the skill Gap, there is no portal currently that links skill development with placement. We having a portal which acts as a bridgebetween skilled Job-Seeker and Job-Giver
25. What do you think is the biggest threat to the success of small businesses & Start-ups today?
Giving UP!
Be at the founder, being at the CEO, be at any key member.
If you don’t believe that you can do it that is your treats
26. Do you consider yourself successful and by what means do you measure success?
Not Yet
When you have reached to the certain percentage of profit or of the net revenue
27.Please share complete name, address, phone number, email id & website of Your Business & Contact Person
Name : Vitesh Bhatia
Address : Plot No. 137, Sector 24, Faridabad, Haryana – 121005
Phone Number : +91-9654666822
Email Id : [email protected]
Website : www.smartskilltech.com
