The Young and Dynamic Business Leaders of 2023.pdf

I N D I A
www.ciolookindia.com
TheYoungand Dynamic
BusinessLeadersof 2023
Future Leadership
In the New Era of
Young Innovative
Entrepreneurship of
Business Dynamism
Super Power
How Young Indian
Entrepreneurial Spirit is
Transforming the Global
Startup Dynamics?
VOL 09 | ISSUE 02| 2023

TheYoungand Dynamic
Innovation distinguishes between
a leaderand a follower.
Steve Jobs

s India continues its journey through the 21st century, a new
Abreed of leaders is rising to the forefront of the nation’s industrial
horizon. In the vast expanse of India’s business ecosystem, a new
dawn is breaking—a dawn heralded by the youthful vibrancy and
unbridled ambition of a generation determined to reshape the country’s
economic landscape.
As we step into the future, we find ourselves amidst a transformative era
where the old guard is making way for a fresh, dynamic breed of leaders.
These individuals, often in the bloom of their careers, are not only
redefining the rules of the game but are also driving innovation,
sustainability, and inclusive growth.
This exclusive edition of CIOLook India invites you to embark on a
journey through the remarkable stories, extraordinary accomplishments,
and inspiring visions of ‘The Young and Dynamic Business Leaders of
2023’ in India.
India has long been celebrated for its rich tapestry of entrepreneurship,
where age-old traditions and modern ambitions converge – a profound
shift in leadership demographics. The baton is no longer being passed
solely within the corridors of established conglomerates; it is being seized
by a new generation of leaders who are charting their own path to success.
These young and dynamic business leaders are characterized by their
boundless energy, appetite for risk, and an innate ability to navigate the
complexities of the digital age. They are not content with the status quo;
instead, they are the architects of change, disrupting industries, fostering
innovation, and reimagining business models.
While enjoying the read in the following pages, you will find yourself
enchanted by stories! What truly sets the young and dynamic business
leaders of 2023 apart is their vision for the future. They see beyond
immediate profits, focusing on long-term sustainability and societal
impact. Their businesses are not merely profit-driven but purpose-driven,
seeking to address pressing issues such as healthcare access, education,
and economic inequality.
New Generation of Future’s
Enterprising Architects
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CIOLOOK India.
September, 2023
Gaurav PR Wankhade
Managing Editor
EDITOR’S VIEW

Visualizer : Sandeep Tikode
Art & Design Director : Deepanjali Jena
Associate Designer : Sonam Vishwakarma
Asst. Vice President : Swapnali Vasaikar
Sr. Sales Manager : Tejaswini Whaval
Business Development Lead : Suraj Gadekar
Business Development Exec : Geetha Reddy
Technical Head : Rajeshwari Avhad
Technical Consultant : Prachi Mokashi
Pooja M. Bansal
Editor-in-Chief
Research Analyst : Ravindra Kadam
SEO Lead : Renuka A Kulkarni
Managing Editor : Gaurav PR Wankhade
Assisting Editor : Prajakta Zurale
CONTENT
DESIGN
SALES
TECHNICAL
SME-SMO
CREDIT PAGE

12 20
A R T I C L E S
06
Ankit Kansal
16
24
CONTENT PAGE
Orwell Lionel
Nupur Jain
P R O F I L E S
A ZealousTrailblazer Building
Successful BusinessVentures
A Legal Professional
Dedicated to Helping People
A Democratically Pivotal Leader
Turning EdTech Future via IIC Lakshya
Future Leadership
In the New Era of Young
Innovative Entrepreneurship
of Business Dynamism
Super Power
How Young Indian Entrepreneurial
Spirit is Transforming the Global
Startup Dynamics?

Description PAGE
Description
Ankit's Axon Developers LLP is a new-age realty development company
that engineers aspirations and crafts extraordinary living and working
environments that enhance the experiences of its inhabitants.
Ankit Kansal,
Director
AXON Developer LLP
Company
Nupur Jain,
Advocate
Orwell Lionel,
Founder and
Managing Director
Featuring
Independent Counsellor
Indian Institute of
Commerce Lakshya (IIC
Lakshya)
Nupur Jain is an Advocate practicing in the Bombay High Court, SAT,
SEBI, and Intellectual property rights matters.
As the managing director of Indian Institute of Commerce Lakshya, Orwell
leads the vision and strategy of IIC Lakshya that provides education and
training services to aspiring professionals and entrepreneurs.
Prakash Kumar,
Press Officer
Prabhat Khabar
The astute leadership of Prakash has contributed in scaling Prabhat
Khabar's reach from five million to 30 million news subscribers.
Syed Ishtiyaq,
General Manager
Howell Protection
Systems (India) New
Delhi
Syed is a business strategy development professional, working in a
system integration company, on increasing the sales and revenue vertical
of the leading player in the diverse fields of safety, security, and
customized solutions for applications.
TheYoungand Dynamic

hallenges, adversities, issues,
Cand problems are a strict no-no
for some. On the other hand,
for those unique individuals who
always swim against the tides, a life
full of challenges, adversities, issues,
and problems is the only life worth
living. They might not be born into the
fortune of leadership, yet their innate
traits are all the hallmarks of makings
of mighty leaders, which sooner or
later they become.
It was very early for Ankit Kansal, the
Director of AXON Developer LLP.
The inspiration behind his career in the
niche areas he is catering to is deeply
rooted in his passion for innovation
and desire to make a significant
difference. From an early stage, Ankit
has been drawn to industries that
presented opportunities for
transformative solutions. He reflects,
“When I delved into the real estate
sector, I was captivated by its immense
challenges and untapped potential.” It
was due to these factors, along with
Ankit
Kansal
A ZealousTrailblazer Building
Successful BusinessVentures
A
N
KIT
As a leader and entrepreneur,
Ankit Kansal has always
believed in seizing opportunities
at the right time and creating
powerful value propositions.
Ankit Kansal
Director
Axon Developers
6
www.ciolookindia.com September 2023

this realization that the industry lacks
transparency, that sparked his
entrepreneurial spirit.
An Ardent Serial Entrepreneur
By offering services such as real estate
transaction advisory, stressed asset
management, and interior design, Ankit
saw an opportunity to revolutionize the
industry and provide value-added
solutions to clients.
This drive to bring about positive
change continues to be the driving
force behind his dedication and
unwavering enthusiasm in this niche
area. Ankit has been a Serial
Entrepreneur for the past two decades,
successfully building ventures in
various industries, including real estate
development, realty advisory, stressed
asset management, buying agency,
home aromas, lifestyle, interior design
and home décor business.
As a Leader and entrepreneur, Ankit
has always believed in seizing
opportunities at the right time and
creating powerful value propositions.
By aligning business objectives with
the interests of stakeholders, he, along
with his teams’ fosters win-win
situations.
Furthermore, he firmly advocates
futuristic approaches for lucrative
prospects; to do so, he always looks
ahead and understands market trends.
Fostering Trusting Teamwork
Ankit’s leadership style is collaborative
and empowering. He strongly believes
in fostering a culture of teamwork and
trust, where each team member's
unique strengths and perspectives are
valued. By creating an environment
that encourages open communication
and shared decision-making, he
empowers his team to contribute their
best work and reach their full potential.
This collaborative approach not only
enhances creativity and innovation but
also builds a strong sense of ownership
and commitment among team
members. “It has been instrumental in
driving our success by fostering a
motivated and engaged workforce that
consistently delivers exceptional
results,” he says.
On the Path to Reaching Milestones
His many notable achievements and
accomplished milestones include
• In 2001, he formed Indsource, a
globally recognized buying agency
with operations spanning India,
China, and Vietnam.
• In 2012, he and his team started
Rosemoore, an emerging lifestyle
brand. Today Rosemoore has a
sizable share in India’s home
décor, fragrance, and lifestyle
retail.
• In 2014, they started 360 Realtors,
India’s leading institutional
channel partner. 360 Realtors has
partnered with 680+ developers in
India and transacted over ₹35000
Crore worth GTV. The company
has a presence in 40+ cities across
nine countries worldwide.
A Multi-faceted Leadership Acumen
According to Ankit, they employ a
multi-faceted approach to adapt and
stay ahead of the curve in today's
rapidly changing business landscape.
Firstly, they continuously scan the
horizon, closely monitoring industry
trends, technological advancements,
and market dynamics. This allows
them to anticipate shifts and
proactively adjust their strategies to
stay ahead of emerging challenges.
Secondly, they embrace a lifelong
learning mindset, investing time and
effort in expanding his and his team’s
knowledge and skill set. The team can
effectively respond to new
opportunities and evolving customer
needs by staying informed and agile.
Additionally, Ankit cultivates a
network of industry experts and
thought leaders, engaging in
meaningful discussions and
exchanging insights. By embracing
flexibility, ongoing education, and
external senses, he navigates the
dynamic business landscape
effectively, ensuring a competitive
edge in today's challenging
environment.
Sharing an instance where he
successfully navigated through a
significant change or disruption in his
industry, Ankit recalls that one of the
major changes was the pandemic,
where all of a sudden, things came to a
halt. He adds, “Like any other
enterprise, we will also have flown to
digital overnight.” The pandemic
disrupted business and set the path for
increased digitization, technology, and
innovation across the value chain of
real estate in the times to come.
Technology was always part of the
lexicon in real estate, but the COVID
virus brought it into the centre. Since
then, what looked like a long-horizon
The Young and Dynamic Business Leaders of 2023
7

strategy must be implemented quickly.
This eventually led them to the faster
adoption of a slew of innovations and
technology, such as virtual exhibitions,
digital walkthroughs, virtual realities,
predictive analytics, etc. have now
become mainstream.
Influencing Innovations
Fostering a culture of innovation
within his organization, Ankit believes
that innovation thrives when it is
nurtured, encouraged, and embraced at
all levels. He says that to cultivate such
a culture at every level, they focus on
several key elements:
• They foster an open and inclusive
environment where diverse
perspectives are valued, enabling
the free flow of ideas and
collaboration.
• They encourage risk-taking and
provide the necessary resources
for experimentation and learning
from failures.
• They promote continuous learning
and professional development,
empowering employees to explore
new technologies and approaches.
• They celebrate and recognize
innovative thinking, creating a
sense of excitement and
motivation.
By prioritizing these aspects, they
inspire their team members to think
serve as catalysts for building strong
relationships and fostering trust.
They invest in training and
development opportunities that
promote interpersonal skills and
effective collaboration. By celebrating
collaborative achievements and
recognizing the contributions of each
team member, they create a culture
where collaboration flourishes,
propelling them towards shared
success.
Enterprising True Inspirations
He shares, “We wish to build a truly
inspiring organization with a strong
presence throughout the value chain of
real estate.” He also wants to build
world-class real estate projects tuned to
the evolving buyers’ preferences. He
says they aspire to become pioneers in
creating spaces and designs that are the
true epitomes of new—age
consumerism. In the transaction space,
they want to bring the focus back on
customer convenience and offer a
seamless search, identification, and
buying experience backed with
powerful digital walkthroughs,
predictive analytics, automation, and
full-stack technology bandwidth.
Driving Swiftest Growth
Ankit informs, “We will stay
innovative and drive growth through
the years by making the right
investment in innovation and
technology as well as continue to
enrich our human capital bandwidth.”
The right balance between their human
capital and futuristic technologies and
innovation will be their key growth
driver. They will create the right
strategy, but equally essential will be
the fast execution. “In the growth
process, we will continue to identify
new opportunities whenever it will
come and take the plunge before others
to make quick moves,” he concludes.
creatively, push boundaries, and drive
transformative solutions for their
organization's success.
In the pursuit of building and nurturing
high-performing teams, Ankit and his
colleagues' approach stands out as a
testament to their commitment to
excellence. They place immense value
on selecting individuals who possess
the necessary skills and align with their
organization's core values. By fostering
an open communication and trust
environment, they encourage
collaboration and the free exchange of
ideas.
Weaving a Strategic Tapestry
Regular feedback and coaching
sessions are pivotal in identifying
strengths and areas for improvement
within their team members. They
prioritize their professional growth by
providing learning opportunities from
renowned institutes and creating a
supportive atmosphere that empowers
them to take ownership of their roles.
Recognizing and celebrating
achievements further strengthens team
cohesion and motivation. These unique
strategies create a space where high-
performing teams flourish and
accomplish remarkable outcomes.
Ankit adds, “We have woven a tapestry
of strategies that ignite a spirit of
collaboration and teamwork.” He
furthers that they foster an inclusive
environment that values diverse
perspectives, encouraging active
participation and collective problem-
solving, all with one common goal: the
company’s vision.
Their open communication channels
provide platforms for idea exchange,
fostering a sense of belonging and
shared ownership. Cross-functional
projects and team-building activities
8

I N D I A
Leading
the ways to
Innovate

12
In the
New Era ofYoung Innovative
Entrepreneurship
ofBusinessDynamism

13
In the circular motion of time, new
becomes old and obsolete in a cyclic way.
A fresh season comes rejuvenating
everything and everyone in its wake. For time,
human affairs might not be of any importance.
However, for us, times’ every bit and bite is of
utmost prominence. All our
endeavours––personal, professional, and
entrepreneurial––are entirely depending upon
the busyness dynamisms of the changing eras.
Like, presently, in the ever-evolving landscape
of business and entrepreneurship, a new era has
dawned. Young, innovative entrepreneurs are
redefining leadership and driving a wave of
business dynamism that is transforming
industries and shaping the future of the
corporate world.
The Rise of Young Innovative Entrepreneurs
The last few decades have seen a significant
shift in the age and profile of successful
entrepreneurs. While established business
leaders continue to wield influence, a new
generation of entrepreneurs is making its mark.
These young innovators bring fresh
perspectives, agile thinking, and a strong grasp
of technology to the table. They are driven by a
desire to create meaningful, impactful
businesses that cater to the changing needs of
consumers and society as a whole.
Qualities of Future Leadership
Innovation: Innovation is the lifeblood of the
new era of leadership. Young entrepreneurs are
not content with the status quo. They constantly
seek new ways to solve problems, disrupt
industries, and improve the world. Their
innovative thinking is driven by a deep
understanding of emerging technologies and a
willingness to take calculated risks.
Adaptability: In today’s fast-paced business
environment, adaptability is a critical quality.
Future leaders are quick to pivot and adjust
their strategies in response to changing market
conditions or unexpected challenges.
They are not tied to rigid business models but are open to
change and evolution.
Tech-savviness: Technology is at the heart of modern
business. Future leaders are tech-savvy, leveraging digital
tools, data analytics, and automation to streamline
operations and gain a competitive edge. They are
comfortable with emerging technologies such as AI,
blockchain, and IoT.
Purpose-driven: The new era of leadership places a strong
emphasis on purpose-driven business. Young entrepreneurs
often start ventures with a clear mission to make a positive
impact on society or the environment. They prioritize social
responsibility and sustainability in their operations.
Global Perspective: Today’s leaders operate on a global
stage. They recognize that opportunities and challenges
transcend borders. They embrace a global perspective in
their business strategies, seeking international partnerships,
customers, and markets.
Challenges of Future Leadership
Competition: With the rise of young entrepreneurs,
competition in the business world is fiercer than ever.
Future leaders must find ways to differentiate themselves
and their ventures to stand out in crowded markets.
Risk Management: Taking risks is an inherent part of
entrepreneurship, but it must be managed effectively. Future
leaders need to strike a balance between bold innovation
and prudent risk management to ensure sustainable growth.
Talent Acquisition: Attracting and retaining top talent is a
challenge, especially for startups and smaller businesses.
Future leaders must create appealing workplace cultures
and offer opportunities for career growth to compete for the
best employees.
Regulatory Environment: Navigating the complex web of
regulations and compliance is a constant challenge for
entrepreneurs. Understanding and adhering to legal
requirements is essential to avoid legal pitfalls.
Scale-Up Strategies: Scaling a business from a startup to a
larger company requires careful planning and execution.
Future leaders need to develop effective growth strategies
and secure the necessary resources.
Future
Leadership

Opportunities for Future Leadership
Industry Disruption: Young entrepreneurs are uniquely
positioned to disrupt traditional industries with innovative
solutions. They have the opportunity to challenge
incumbents and reshape markets.
Global Collaboration: The interconnectedness of the
modern world offers opportunities for global collaboration.
Future leaders can tap into international networks and
partnerships to expand their reach and impact.
Social Impact: Purpose-driven business models provide
opportunities to create a positive social impact. Future
leaders can align their ventures with pressing global issues,
such as sustainability, healthcare, and education.
Technology Integration: The rapid advancement of
technology presents opportunities for leaders to leverage
digital tools and platforms for growth and efficiency.
Embracing emerging technologies can give businesses a
competitive edge.
Mentorship and Networking: Young entrepreneurs can
benefit from mentorship and networking opportunities.
Learning from experienced business leaders and connecting
with industry peers can accelerate their growth and success.
On the Tide of Futuristic Times
The new era of young innovative entrepreneurship and
business dynamism is reshaping leadership in remarkable
ways. It is characterized by innovation, adaptability,
purpose-driven missions, and a global outlook. While
challenges such as competition and regulatory complexity
persist, the opportunities for future leaders are vast. They
have the chance to disrupt industries, drive social change,
and harness technology to build successful and impactful
businesses. As this era continues to unfold, it promises to
bring about a new generation of leaders who will shape the
future of business and entrepreneurship.
14

I N D I A
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JAIN
A Legal Professional
Dedicated to Helping People
I FEEL THAT WE
NEED TO SEARCH
FOR AN
ALTERNATE-TO-
ALTERNATE DISPUTE
RESOLUTION,
I.E. MEDIATION.

The magic that the black-and-white combination does is
unparalleled, and one such profession with the dominance
of the black-and-white dress code is being a lawyer.
Lawyers are the most brilliant individuals who explore all grey
shades of people, situations, laws, regulations, and justice. To
solve disputes and help people who come to get aid from
experts, being a lawyer it is extremely important to have in-
depth knowledge, experience, skills, compassion and
confidence.
Adv. Nupur Jain is an excellent example of an
individual brain with a great memory, excellent
communication and argumentation skills. Her
intelligence, sharp personality, strong morale code
and ambition for the law profession have made her
achieve excellence in her field, and with these
qualities, she has been helping the masses in legal
matters.
A Family of Lawyers
Law runs in Nupur’s blood. As Nupur comes
from a family of lawyers, she always has a
passion for serving the legal profession one
day in the future. Her paternal grandfather,
Mr. Mangalchand Baid, was the Legal
Head of erstwhile Esso Standard and now
Hindustan Petroleum Corporation Limited.
And this legacy and her mother’s support
instituted her love for the legal profession.
However, everyone has a turning point in
life, and Nupur’s inspiration comes from an
incident where the family struggled for 12
years in a court case. “My grandmother
dragged my mother and me into a 12-year
court struggle when my father passed away
without a will, which was ultimately resolved
through mediation. Naturally, I began to
investigate alternative dispute resolution, which
protects the parties’best interests, avoids conflicts,
is less time-consuming, and isn’t as complicated as
going to court.”
A Journey Towards Justice
Nupur shares her journey of becoming an
accomplished lawyer. She started her career as a
professional lawyer after obtaining a degree from
Rizvi Law College in Mumbai in 2018. She worked
at Regstreet Law Advisors for a few months and
17

simultaneously started pursuing her
LL.M. in Intellectual Property Rights
from the University of Mumbai. She
was a visiting faculty at the
Government Law College, where she
taught Environmental Law for a
semester.
Later in 2019, Nupur decided to focus
on preparing for the Union Public
Services Examination. Unfortunately,
the attempts were not successful;
however, these two attempts helped
enhance her thought process. She
furthered her career by restarting her
legal career as the Legal Head of a
Private Limited Company. With this
experience in hand, Nupur decided to
start on her own and establish her
independent practice. Not just this, she
focused on dispute resolution,
arbitration, and family law.
Moving Towards Practical Solutions
In the coming days, staying innovative,
active and quick is requisite. Moreover,
instead of hiring for permanent
positions, the new gig economy
demands employees on a contract
basis. In the legal space also, hiring a
lawyer on a contract basis is more
practical and cost-effective. In-house
lawyers make about Rs 12–13 lakhs
per year; on the contrary, lawyers on
contract cut the company cost by 40%-
45%.
This is beneficial for the company as
hiring lawyers on a contract basis is a
more economical option. Nupur admits
that this approach has increased the
professional's efficiency, efficacy, and
productivity. It has also decreased the
use of resources like office space,
training, and other benefits.
Along with the independent practice,
Nupur is the legal head of a private
limited company that works on a
contract basis. With this, the company
has successfully decreased expenses
and improved its work culture.
Moreover, she wishes to help the
education sector with her expertise in
law and expressing the same, she
shares, “I am also in talks with an
educational institution to be their legal
head on a contractual basis.”
E-courts: Need of an Era
Traditional court sessions are
witnessing a change now as there has
been a need for online courts after the
deadly pandemic when people were
not allowed to step out of their houses.
The legal system in India is adopting
online hearings and ensuring the safety
of court staff and litigants. This change
inspired Nupur to start her virtual solo
office and conduct the hearings online.
The majority of her meetings are
conducted electronically, and with this,
she can effectively and quickly address
the doubts of clientele. This initiative is
beneficial as it saves both the travelling
time of lawyers and clients. “My office-
related costs decreased as a
consequence of this,” asserts Nupur
happily.
Survival of the Fittest
Juggling a heavy workload with
ongoing professional development is
an issue for many busy legal
practitioners. “Many people also view
professional development as a burden
they have to complete rather than a
flexible endeavour that might advance
their lives and professions,” says
Nupur. In this scenario, staying ahead
of the curve is difficult and still, Nupur
managed to pursue new things in her
life.
Additionally, keeping yourself
informed is one way to stay ahead of
the competition. Small modifications
can have a big impact on the manner
and effectiveness of the work, and
staying personally informed about
every change in state and central law
affects the practice of lawyers.
Understanding this, Nupur suggests
that all attorneys must ensure that their
work product reflects a current
understanding of the law.
Learn, help, and grow!
Besides her individual practice, Nupur
also focuses on learning and gaining
different experiences. In March 2023,
she received approval from IIM
Calcutta for enrolment in its Executive
Programme in Business Management
in Corporate Law. The course consists
of participants, form which sixty
percent are from non-legal
backgrounds, and the rest have
expertise with more than 25 years of
experience. This diverse group has
enhanced everyone’s learning
experience.
Moreover, Nupur invests in helping the
careers of aspiring professionals. She
shares an incident that inspired her to
help them academically and provide
appropriate data and legal materials.
“When I was pursuing a Master’s in
Law, we had no access to any guides or
study material. With work, it was
extremely difficult to research the study
material in the library. So, I recently
signed a contract with Write Order
Publications to publish LL.M.
textbooks and guides on my behalf. I
hope this will facilitate pursuing a
master’s degree in law for
professionals.”
Technology is a Bliss
As every sector is using technology to
enhance operations, the legal system
should not lag, and thus, Nupur tries to
implement technological advancements
in her work culture. She uses
automated alerts like Google alerts to
keep up to date with the latest legal
information. “This free tool enables
legal professionals to create individual
alerts that will notify them of any new
content on areas of interest. Users can
then be emailed immediately, daily, or
weekly with a ‘feed’of items of
interest,” informs Nupur.
18

Making Judiciary Stronger
In the country of 140. 76 crore
people, with a pile of cases to
be resolved, the judiciary
system faces a burdensome
situation. It is necessary to
lessen the load on the system
and to resolve the dispute
quickly; Nupur envisions that
there should be a situation
where individuals should learn
how to settle their differences
through mediation and/or
conciliation.
In addition, she implored the
Parliament to pass legislation
governing mediation and grant
the final agreement the same
legal standing as an award in
an arbitration process. She
affirms that this decision would
make the Mediation legally
binding for all parties involved
resulting in successful
processes.
Pearls of Advice
As an experienced professional
in the legal space of India,
Nupur suggests to her budding
legal professionals that it is
essential for them to consider
areas other than law in which
they can expand their
knowledge. As many
developments that reshape the
practice of law come from
outside the profession and
hence, she advises that it
would be a great initiative to
add these to their expertise.
“The more you can add these
to your existing expertise, the
better prepared you will be to
tackle the challenges and
opportunities you will face,”
concludes Nupur.
19

How
Young Indian Entrepreneurial
Spiritis Transformingthe
Global Startup Dynamics?
India, a land known for its rich history, diverse
culture, and technological prowess, is now
emerging as a global powerhouse in the startup
ecosystem. In the 21st century, India has emerged as
one of the most dynamic and influential nations on the
global stage. With a rich history dating back thousands
of years, a diverse and rapidly growing population, and
significant economic and technological advancements,
India’s rise to superpower status is becoming
increasingly evident.
Economic Growth:
One of the primary drivers of India’s ascent to
superpower status is its robust economic growth. Over
the past few decades, India has consistently maintained
a high GDP growth rate, making it one of the world’s
fastest-growing major economies. The economic
reforms of 1991 paved the way for liberalization and
globalization, opening up opportunities for foreign
investments and multinational corporations. India’s
thriving industries, including information technology,
pharmaceuticals, manufacturing, and services, have
played a pivotal role in this growth.
Demographic Dividend:
India’s youthful population is often referred to as a
demographic dividend. With a median age of around 28
years, India has a large and youthful workforce that can
contribute significantly to the country’s economic
development. This demographic advantage is a driving
force behind India’s economic growth and its ability to
compete globally. The young entrepreneurial spirit of
India is driving innovation, reshaping industries, and
transforming the dynamics of the global startup
landscape.
Technological Advancements:
India has become a global technology hub, with a
thriving IT and software services sector. It is home to
numerous tech giants and startups that have gained
international recognition. Indian engineers, scientists,
and entrepreneurs are contributing to cutting-edge
advancements in fields like artificial intelligence,
biotechnology, and space exploration. India’s Mars
Orbiter Mission (Mangalyaan) in 2013 was a testament
to its capabilities in space technology.
The Rise of India’s Startup Ecosystem
India’s journey in the startup world has been nothing
short of phenomenal. With a conducive environment for
innovation and entrepreneurship, the country has seen a
remarkable surge in the number of startups. Factors like
a burgeoning middle class, increasing internet
penetration, and government initiatives like ‘Startup
India’ have all contributed to this growth.
Entrepreneurial Spirit: The heart of this
transformation lies in the entrepreneurial spirit of
India’s youth. Young minds, unburdened by
conventional thinking, are diving headfirst into the
world of startups. Armed with fresh ideas, unwavering
determination, and the ability to adapt to rapidly
changing market conditions, these entrepreneurs are
defying the odds and building businesses that matter.
Tech Savvy: India’s young entrepreneurs are tech-
savvy and quick to leverage the power of technology.
They understand the potential of digital disruption and
are harnessing it across various sectors, from fintech
and edtech to e-commerce and healthtech. Their digital-
first approach has made India a hub for tech startups.
20

21
Super Power

Global Perspective: Today’s Indian entrepreneurs are
thinking beyond borders. They are not limiting their
aspirations to the Indian subcontinent but are looking at the
global market. This shift in mindset has led to startups with
a global outlook, offering solutions and products that cater
to international audiences.
Challenges and Resilience: While the startup journey is
never without hurdles, Indian entrepreneurs display
remarkable resilience. They are tackling challenges like
funding gaps, regulatory complexities, and market
competition with innovative solutions and a never-give-up
attitude.
Changing Industries
The impact of India’s startups is being felt across various
industries. Here’s how these young entrepreneurs are
changing the game:
E-commerce: Companies like Flipkart and Snapdeal have
revolutionized the way Indians shop, and they continue to
expand their footprint globally.
Fintech: Startups like Paytm and PhonePe are transforming
the way financial transactions are conducted, making digital
payments and financial services accessible to all.
Healthcare: Innovations in healthcare tech are making
quality medical services more accessible to the masses.
Telemedicine platforms like Practo and 1mg are leading the
charge.
Edtech: With the advent of online learning, edtech startups
like Byju’s and Unacademy are providing quality education
to students across the country.
Agritech: Startups like AgroStar and Ninjacart are bringing
technology to agriculture, improving the livelihoods of
farmers and the efficiency of the supply chain.
Global Recognition
Indian startups are not just making waves at home; they are
also gaining global recognition. Several Indian startups
have achieved ‘unicorn’ status, with valuations exceeding
$1 billion. Moreover, Indian entrepreneurs are at the helm
of companies that are expanding globally, thereby
contributing to India’s reputation as a hotbed of innovation.
The Road Ahead
As India’s startup ecosystem continues to evolve, there is a
sense of boundless optimism. Young entrepreneurs are
exploring uncharted territories, pushing boundaries, and
envisioning a future where Indian startups lead on a global
scale. However, they understand that the road ahead is
challenging, and they are ready to face it head-on.
India’s young entrepreneurial spirit is the driving force
behind the transformation of the global startup dynamics.
With their innovative ideas, tech-savviness, resilience, and a
global outlook, Indian entrepreneurs are making a
significant impact on various industries. They are not just
creating successful startups; they are shaping the future of
business on a global scale. As India continues to produce
visionary leaders and disruptive startups, its role in the
global entrepreneurial landscape is only set to grow.
22

Orwell Lionel
Founder and
Managing Director
24

O
rwell Lionel, a name synonymous with innovation
and transformation in the realm of commerce
education, emerges as one of the young and
dynamic business leaders of 2023. Hailing from Wayanad,
Kerala, Orwell defies convention with his unconventional
background in commerce education. His journey is a
testament to his unwavering commitment to democratizing
commerce education, making it accessible to all,
irrespective of their backgrounds or circumstances.
In 2011, Orwell took the audacious step of founding the
Indian Institute of Commerce Lakshya (IIC Lakshya).
This institution has grown under his visionary leadership
into a renowned hub for top-notch commerce courses,
leaving an indelible mark on the lives of countless
individuals. His remarkable achievements in commerce
education garnered recognition in 2015 when he was
bestowed with the Young Entrepreneur Award, a well-
deserved accolade honouring his exceptional contributions
and unwavering dedication to educational equity.
The Igniting Spark
Drawing inspiration from a profound realization of
untapped potential and unmet needs within the Indian
market, particularly in commerce education, Orwell's
journey was sparked by the awareness that commerce
professional education held immense promise within the
Indian economy. Yet, it remained largely unexplored and
out of reach for many aspiring students. Examinations like
CA and ACCA were often viewed as formidable challenges,
accessible only to a privileged few who could navigate the
fragmented and unreliable educational landscape.
This awareness ignited Orwell's passion to systematically
and comprehensively bridge this educational gap. He firmly
believes in the significance of providing a structured and
supportive educational platform for budding commerce
professionals. This platform should offer top-notch
education and the holistic support needed for success,
similar to the resources available in other academic fields.
His inspiration is deeply rooted in the mission to
democratize education, especially in commerce,
recognizing its pivotal role in uplifting the Indian economy.
Orwell's vision revolves around empowering individuals
from diverse backgrounds with the knowledge and
resources necessary to excel in commerce. It's a mission
aimed at breaking down barriers, enhancing accessibility,
and contributing to the growth and development of aspiring
professionals and the nation.
A Constellation of Milestones
Orwell's career has been marked by remarkable
achievements and milestones that have positioned IIC
Lakshya as a leading institution in commerce education. In
a relatively short span, IIC Lakshya has significantly
impacted the community and the education industry. With
an impressive portfolio of over 50 international and 600
national rankings, the institution has earned global
recognition for its commitment to educational excellence.
The 'Best Commerce Learning App' accolade speaks to
team IIC Lakshya's innovative and effective teaching
methods, showcasing their dedication to enhancing the
learning experience. A team of over 500 experts and a
A Democra cally Pivotal Leader Turning EdTech Future via IIC Lakshya
25

faculty of 300 industry-best professionals ensure that
students receive top-tier education with practical insights.
Orwell informs, "Our eight state-of-the-art campuses
provide a collaborative learning environment, fostering
holistic development. The extensive alumni network,
comprising over 75,000 successful graduates, is a
testament to the quality of education we offer. Our
expansive 3.5-lakh-square-foot learning space also
underscores our commitment to providing students with the
best resources and facilities." These collective
achievements define IIC Lakshya's successful journey in
commerce education nationally and internationally.
A Foresighted Visionary
Orwell's leadership style is best described as collaborative
and democratic, qualities that have played a pivotal role in
the success of IIC Lakshya. He places a high value on the
input and expertise of every team member, recognizing
their unique skills and insights. This collaborative approach
enables the organization to tap into the collective wisdom of
the team, ensuring well-informed decisions.
A strong emphasis on long-term vision and strategy is
central to Orwell's leadership style. He actively involves
leaders in shaping these strategies, ensuring alignment with
the company's mission and the team's aspirations. This
inclusive approach fosters a sense of ownership among
team members, enhancing their commitment to shared
objectives.
Orwell also understands the importance of adaptability and
flexibility in navigating today's dynamic business
landscape. He encourages innovation and creativity within
the team, enabling quick responses to emerging trends and
challenges. As a managing director, transparency and open
communication are paramount. Orwell believes in keeping
all team members informed about significant decisions and
developments, cultivating a culture of trust and inclusion.
Going Above and Beyond
In the ever-evolving landscape of the EdTech industry,
particularly in commerce education, Orwell recognizes the
critical importance of staying at the forefront. At IIC
Lakshya, their commitment extends beyond imparting high-
26

quality education; it revolves around delivering value-added
knowledge crucial for students' professional growth. This
unwavering dedication to value creation serves as the
foundation of their strategy.
To remain ahead of the curve, IIC Lakshya employs a
multifaceted approach. Orwell and his team champion
innovation by investing in cutting-edge classroom
technologies and pioneering hybrid learning models. Their
study materials are continually updated to align with the
demands of the digital era. Emphasis is placed on
assessments that evaluate knowledge and practical skills,
ensuring students are well-prepared for real-world
challenges.
The institution boasts highly qualified faculty members who
are experts in their respective fields and remain attuned to
industry trends, setting the gold standard for commerce
education. Additionally, their long-term planning is
forward-looking, anticipating future developments and
seamlessly incorporating them into their educational
offerings. IIC Lakshya's adaptability is a testament to its
responsiveness to emerging technologies, teaching
methodologies, and market demands.
The Distinction
However, what truly sets them apart is their commitment to
value addition. They go beyond traditional classroom
learning, equipping students with practical skills, industry
insights, and professional values essential for success in the
real world. Consequently, IIC Lakshya has played a pivotal
role in elevating the CA and ACCA landscape, consistently
providing cutting-edge education and value-added
knowledge that empowers its students to excel in their
careers.
Undoubtedly, the most transformative disruption Orwell
successfully navigated was the profound impact of the
COVID-19 pandemic. Before the pandemic, the education
industry, including IIC Lakshya, predominantly relied on
traditional brick-and-mortar classrooms. However, the
arrival of the pandemic posed significant challenges,
compelling a reevaluation of the entire educational
approach.
The immediate priority was ensuring the safety and well-
being of students and faculty. In response, a swift transition
to a technology-driven model was initiated. Advanced
classroom technologies were introduced to facilitate online
learning and virtual classrooms, ensuring the continuity of
education while prioritizing safety.
Yet, this transition extended beyond merely moving classes
online; it encompassed maintaining the quality and value of
education. Recognizing that students had become
discerning consumers of online educational services,
investments were made in upgrading digital infrastructure
and integrating innovative tools and platforms. Cutting-
edge student management systems and software were
embraced to enhance the learning experience and
streamline administrative processes. Faculty were trained in
online teaching methodologies to uphold high educational
standards.
At IIC Lakshya, we aim to
underscore the vital significance of
commerce educa on in cul va ng
financial professionals who, in turn,
contribute substan ally to the
growth and stability of the
commerce sector in India and on a
global scale.
27

The Upsurge
Adaptability was a linchpin throughout this transformation.
Continuous assessment and adjustments, guided by
feedback from students and faculty, ensured the
effectiveness of the online education model.
Ultimately, this ability to adapt and innovate in the face of
adversity helped weather the pandemic storm and emerge
stronger from it. The pandemic accelerated the digital
education age, positioning IIC Lakshya as a leader in
delivering top-quality education through technology.
Despite the challenges, the institution continued to provide
an excellent education, solidifying its reputation as a
resilient and forward-thinking institution.
IIC Lakshya will continue its commitment to innovation
and growth, guided by empowerment, adaptability, and
strategic foresight. Empowerment remains a foundational
principle, not just for team members but for the
organization as a whole. As the Managing Director,
Orwell says, "I firmly believe in empowering every
individual within our institution. This empowerment fosters
motivation and commitment to our mission of becoming a
leading commerce professional education provider. Within
our collaborative environment, team members are
encouraged to contribute their ideas, take ownership of
their roles, and drive innovation.”
"Continuous learning and staying attuned to industry trends
and emerging technologies are paramount to our growth
strategy. This dedication to self-improvement allows us to
envision long-term goals and adapt strategies accordingly.
We closely monitor the evolving landscape of commerce
education, seeking opportunities to enhance our offerings
and expand our reach. Our growth is driven by internal
discussions and collaborative strategy development,
harnessing the collective intelligence of our team members
to identify new avenues for innovation and improvement.
Regular brainstorming sessions, feedback loops, and open
communication channels enable us to fine-tune our
approaches and capitalize on growth prospects as they
arise.”
The Momentum
Likewise, market analysis and insight are foundational to
their strategic approach, says Orwell. Maintaining agility
and flexibility in response to industry shifts is crucial for
sustainable growth. They continuously analyze market
trends, gather customer feedback, and assess competitive
landscapes, enabling them to make informed decisions and
adapt our strategies effectively. This multifaceted approach
to empowerment, learning, adaptability, and strategic
foresight will drive their innovation and growth in the years
ahead, ensuring that IIC Lakshya remains at the forefront of
commerce education.
Orwell's vision for the future of IIC Lakshya and the
broader education industry is defined by ambition and a
commitment to far-reaching impact. He aspires to establish
IIC Lakshya as the foremost choice for ACCA, CA, and
CMA aspirants across India in the coming years. He says,
"Our strategic objectives are expansive and forward-
looking, with a primary focus on three pivotal areas:
accessibility, technological innovation, and reshaping the
perception of commerce education.”
The Future Leap
Technology stands as a linchpin in achieving their vision,
believes Orwell. "We are dedicated to harnessing cutting-
edge technology to provide comprehensive online learning
experiences that are flexible, interactive, and in alignment
with the evolving demands of modern education." This
entails leveraging advanced tools and platforms to broaden
access to education, transcending geographical boundaries,
and ensuring that quality commerce education is accessible
to a wider and more diverse audience.
Furthermore, Orwell's vision encompasses a fundamental
shift in the prevailing narrative surrounding commerce
education. He is determined to highlight the indispensable
role of commerce professionals within our growing
economy.
"This field has often been undervalued or misunderstood,
and we are committed to altering this perception. We aim to
underscore the vital significance of commerce education in
cultivating financial professionals who, in turn, contribute
substantially to the growth and stability of the commerce
sector in India and on a global scale. By reshaping
perceptions and emphasizing the crucial role of commerce
education, we aim to redefine the future of commerce
education and set new standards for excellence in the
industry," he concludes.
28

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