“Your lowest point is your greatest opportunity. It holds great potential.”
Vikram Bansal (Founder & MD, Nirvay Solutions)
Vikram Bansal, the Managing Director and Founder of Nirvay Solutions Pvt. Ltd. has had a humble journey to success. Focused and passionate from an early age, Vikram knew no boundaries could stop him from achieving his dreams. He always had the desire to do something out of the mainstream. He had been harboring the desire to learn and explore the business line since his college days. After completing his higher education from Giani Zail Singh College of Engineering and Technology, Bathinda (Punjab), he shifted his focus towards creating milestones that would help him move towards his goals.
Working in companies like Advance Ventilation and Voltas consolidated his interest in business and taught him the power and strength of having a Customer-Centric Approach. The right mentorship from these companies helped him give wings to his entrepreneurial dream of creating Nirvay Solutions Pvt. Ltd. in 2011.
VIKRAM’S JOURNEY TO BECOMING A CEO
Vikram’s first job was with Advance Ventilation. The mentorship lessons by the Founder of the company, SK Chaudhary helped Vikram expand his knowledge base of the corporate world. He started his second job as a Sales Engineer with Voltas. “It was a great learning experience for me as my manager Ashwani Sharma groomed me to become a team leader,” he said. His consistent approach towards learning and exploring business lines eventually led to the foundation of Nirvay Solutions.
As the Founder and CEO of Nirvay Solutions Pvt. Ltd., he was made to shoulder a large number of responsibilities. As a first-generation entrepreneur, the guidance that he received from both his mentors was of primal importance as it taught him the importance of being passionate about his goals.
The willingness to explore new opportunities towards growth led him to seek professional help from Rahul Jain, Business Coach, and Suresh Manshramani, OKR Coach. This constructive support propelled him to develop himself as a CEO.
LEADERSHIP PHILOSOPHY
The core leadership philosophy of Vikram begins with a more human approach to business. There is ample coaching and mentoring of the team members to ensure the growth of leaders within the team. He believes that it is the leader’s job to actually bring out the latent greatness that lies dormant within an employee.
NIRVAY SOLUTIONS PVT. LTD. AND ITS SERVICES
Nirvay Solutions Pvt. Ltd. is a system integrator, and air and energy management support organization. Since its inception, the company has been able to garner enough credibility by serving its clients. With a prime focus to offer state-of-art products and services to clients so as to reduce their operational energy costs, the company has over 100 projects to talk about. It offers solutions for the HVAC system, especially in the plant room. Furthermore, it is the authorized sales and service partner for Armstrong pumps, Daikin Chillers, Belimo valves, and ABB speed drives & RUKS make IAQ products.
NIRVAY SOLUTIONS PVT. LTD. STANDS OUT FROM THE REST
Nirvay Solutions Pvt. Ltd. ensures efficiency by minimizing human interface in operations as much as possible. It has been noticed that even with the best of the technology & product installed, organizations still suffer on account of ‘operational cost’ due to improper integration of the products and lack of operational direction. Dependency on the human interface in operation and lack of analysis at the micro-level results in poor indoor air quality and inflated energy bills. Improper water and air balancing are also one of the major reasons for inefficiency in the HVAC system which otherwise is a unique combination of energy-efficient products. Gaps of awareness around equipment integration and operation result in energy loss. This also affects the efficiency and life span of the equipment. Nirvay Solutions Pvt. Ltd. identifies the bottlenecks in the operation of the system and supports SMART analysis and energy-efficient products with intelligent controls and automation systems, delinking the human interface in operation.
KEEPING AN EYE OUT FOR COMPETITORS
The company believes that competition is an inevitable part of the business ecosystem and can be an effective tool for growing and encouraging new and improved services for its clients. Nirvay Solutions Pvt. Ltd. thrives to highlight the distinctive quality in its services to stand out amongst all the competitors in the market.
THE CLIENTELE
Being an integrated service provider, Nirvay Solutions Pvt. Ltd. caters to a diverse clientele, from building and business owners to MEP design consultants, MEP contractors, architects, Project Management companies, and many others.
“Our team practices in-depth research within the industry regarding new technologies and always takes consistent feedback from the clients. This, in turn, helps us to create and nurture a long-lasting customer relationship, build trust and a stronger bond with our clients,” Vikram asserted.
VISION FOR THE BRAND
Vikram desires to create a team of competent people who add efficiency to energy requirements with appropriate technology. His major goal is to build his company as the top service provider and consultant for the ‘energy-saving and sustainability in heating, ventilation and air conditioning’ domain in the next three years.
TURNING LOWEST POINTS INTO OPPORTUNITIES
“Your lowest point is your greatest opportunity,” says Vikram Bansal. There were times when he was told by his peers that he would not be able to sustain in the Industry. However, these words did not hold him back but boosted his self-confidence in his abilities further.
THE GO-GETTER APPROACH
According to Vikram Bansal, success is simply a fuel that powers individuals to drive further and thrive higher. He believes that the secret to success is to be consistent in the persuasion of one’s goals and have complete faith in one’s beliefs. His major inspiration has been Sir Ratan Tata, from whom he wants to imbibe the qualities of being relentless with one’s efforts and being a compassionate leader.
MILESTONES ACHIEVED
Vikram Bansal’s praiseworthy work has helped him achieve many milestones. He was chosen as “one of the 10 most promising managers in Voltas globally” from 200 participants who contested for the award. This affirmed his ability to emerge as a team leader and create a brand of supreme importance and grow it expansively.
“Yesterday’s home runs don’t win today’s game”, a quote by Babe Ruth is the mantra that Vikram Bansal lives by. Vikram believes in continuous improvement and always focuses on planning the next strategic move in the highly competitive business environment.
