Welcome to Corporate Examiner’s exclusive interview with Selva Kumar, the visionary founder of Abservetech Private Limited.
With a passion for assisting entrepreneurs in launching thriving startups, Selva Kumar has propelled the growth of Abservetech since its establishment in 2015.
From a small team of five members, Abservetech has evolved into a leading software development company in India, known for its creative websites, native mobile apps, and innovative technology services.
In this interview, Selva Kumar shares insights into his journey, the remarkable growth of Abservetech, and the company’s mission to help entrepreneurs build their online presence. With a focus on delivering custom web and mobile app solutions, Abservetech stands ahead of its competitors through innovation and agility.
Join us as we explore the world of Selva Kumar and Abservetech, uncovering the keys to their success, their commitment to empowering entrepreneurs, and their pursuit of excellence in the IT industry.
We are thrilled to have you join us today, welcome to ValiantCEO Magazine’s exclusive interview! Let’s start off with a little introduction. Tell our readers a bit about yourself and your company.
Selva Kumar: Selva Kumar, hailing from Madurai, established Abservetech Private Limited in 2015. Initially, the company operated with a team of five members, but with his unwavering dedication and commitment, Selva Kumar propelled its growth.
Today, Abservetech boasts an impressive workforce of over 100 employees. Selva Kumar has a passion for assisting entrepreneurs in launching thriving startups.
Abservetech is a team of expert developers of website and mobile app development. Abservetech provides creative websites, native mobile apps, innovative technology services, and custom web mobile app solutions, from startup companies to huge organizations.
We have developed ready-made software products in rental management, online taxi booking, online food ordering, classifieds scripts, job portal scripts to help entrepreneurs and startup companies to start a business.We fulfil the needs of the end clients and lead in product delivery.
Best quality and issue free sites for our clients with the expected due date. So we gladly say that achievement is the main word we know by continuing to move further. Trust and triumph are the main way we hold and continue moving further with our incredible and fruitful accomplices to lead in the IT business.
We are the leading software development company in India. We strive to make our clients happy through the hard work and professionalism of our team. Our mission is to help entrepreneurs, startup companies who want to build their websites, mobile apps.
If it is a complex application or needs an enterprise-oriented solution, our team leads the whole process from the initial idea, development concept to the project delivery.
We serve to solve business challenges, untangle complex issues and stand ahead from your competitors. Moreover, we remit next-generation software solutions to 500+ companies and growing startups, increasing their value and building a stalwart digital future.
Innovation is key. Only those who have the agility to change with the market and innovate quickly will survive.
In the past year, what is the greatest business achievement you’d like to celebrate with your team? Please share the details of that success.
Selva Kumar: Over the past year, we have received several prestigious awards for our products. Software Suggest recognized our FoodStar (https://www.abservetech.com/foodstar-swiggy-clone/) product as the “Best Value Software in 2022.”
This food delivery software stands out for its unique design and feature set, making it the deserving winner of the Best Value Software award.
Additionally, our EduStar (https://www.abservetech.com/edustar-udemy-clone/) product was honored with the “High Performer 2022” award. This e-learning software enables startups and entrepreneurs to swiftly establish an advanced e-learning business.
Particularly during the pandemic, it played a crucial role in facilitating the learning of numerous students. Notably, our FoodStar product also received the “High Performer 2022” award.
We take immense pride in celebrating the contribution of every team member involved in these projects. To show our appreciation, we presented each employee with a box of chocolates and provided incentives to the diligent product developers, testers, and designers.
Quiet quitting, The Great Resignation, are an ongoing trend causing many businesses to struggle to keep talent engaged and motivated. Most are leaving because of their boss or their company culture. 82% of people feel unheard, undervalued, and misunderstood in the workplace. In your experience, what keeps employees happy? And how are you adapting to the current shift we see?
Selva Kumar: Based on my experience, employees greatly value and appreciate recognition and appreciation from their company.
This can be demonstrated through promotions that acknowledge their talents, monthly incentives to motivate their performance, celebrations of special occasions, granting them the freedom to work in their own style, offering official vacation time, providing paid leave for their personal milestones, and fostering a positive work environment that promotes happiness among team members.
These aspects collectively contribute to cultivating a culture of happiness in the workplace. In today’s times, employees are willing to dedicate themselves to their work; they simply seek support and understanding.
This entails acknowledging and accommodating their personal circumstances, providing them with the necessary time to overcome challenges, and whenever feasible, offering options such as work-from-home arrangements and flexible working hours, among other considerations.
Here is a two-fold question: What is the book that influenced you the most and how? Please share some life lessons you learned. Now what book have you gifted the most and why?
Selva Kumar: “Rich Dad Poor Dad” is a personal finance book written by Robert Kiyosaki. It presents a unique perspective on money management and wealth creation through the author’s personal experiences and lessons learned from his two fathers: his own “poor dad” (his biological father, who was highly educated but struggled financially) and his best friend’s “rich dad” (a successful entrepreneur with limited formal education).
The book highlights the differences in mindset, financial education, and approach to money between the two fathers. Kiyosaki emphasizes the importance of financial literacy and acquiring assets that generate income, as opposed to relying solely on traditional employment and accumulating liabilities.
The author delves into various key concepts, such as the difference between assets (things that generate income) and liabilities (things that incur expenses), the importance of understanding cash flow and making investments that generate positive cash flow, and the role of entrepreneurship in building wealth.
“Rich Dad Poor Dad” challenges conventional beliefs about money, encourages readers to adopt a mindset focused on financial independence, and offers practical advice on how to build wealth and achieve financial freedom.
It has become one of the most popular personal finance books, inspiring readers to take control of their financial lives and strive for financial intelligence and independence.
Most of the time I gifted the “Rich Dad Poor Dad” book.
Business is all about overcoming obstacles and creating opportunities for growth. What do you see as THE real challenge right now?
Selva Kumar: The current scenario of embracing new technologies presents a few challenges for us. Our teams typically consist of two to three experienced individuals who guide and mentor their fellow team members.
If the team members grasp the concepts swiftly, there is no cause for concern. However, if some individuals require additional time to comprehend, it poses the sole challenge for us.
2020, 2021, and 2022 threw a lot of curve balls into businesses on a global scale. Based on the experience gleaned in the past years, how can businesses thrive in 2023? What lessons have you learned and what advice would you share?
Selva Kumar: To thrive in 2023, businesses can focus on the following key strategies:
- Embrace Digital Transformation
The rapid advancement of technology continues to shape the business landscape. Adopting digital tools, automating processes, and leveraging data analytics can enhance efficiency, streamline operations, and improve decision-making.
- Customer-Centric Approach
Understanding and meeting customer needs should be at the forefront. Implementing personalized experiences, active customer engagement, and gathering feedback can help businesses build strong relationships, loyalty, and a competitive edge.
- Agile and Adaptability
Being agile and adaptable is crucial in an ever-changing market. Businesses should be open to innovation, willing to experiment, and quick to respond to market shifts and customer demands.
- Remote and Flexible Work
The rise of remote work and flexible arrangements has become the norm. Embracing this trend can attract top talent, increase productivity, and provide a better work-life balance for employees.
- Focus on Sustainability
Incorporating sustainable practices and initiatives can improve brand reputation, attract eco-conscious customers, and contribute to long-term success. Prioritizing environmental responsibility and social impact can yield both financial and ethical benefits.
- Continuous Learning and Upskilling
Encourage a culture of learning and upskilling within the organization. Promote professional development opportunities, provide resources for growth, and foster a mindset of adaptability to stay ahead in a rapidly evolving business landscape.
- Strong Online Presence
Establish a strong online presence through effective digital marketing strategies, social media engagement, and an optimized web presence. Utilize e-commerce platforms and leverage social media channels to reach a broader customer base.
- Collaborations and Partnerships
Foster collaborations and strategic partnerships with complementary businesses. Collaborative efforts can help expand reach, access new markets, share resources, and drive innovation.
- Prioritize Cybersecurity
With increased reliance on digital systems, cybersecurity is paramount. Protect sensitive data, invest in robust security measures, and educate employees on best practices to safeguard against cyber threats.
- Adapt to Changing Consumer Behavior
Stay updated with evolving consumer preferences and behaviors. Monitor market trends, conduct market research, and tailor products, services, and marketing strategies accordingly.
As for lessons learned, it’s crucial to be adaptable, embrace change, and prioritize the needs and expectations of customers. Continuous innovation, investment in digital capabilities, and a focus on sustainability and employee well-being will contribute to long-term success. It’s also essential to foster a culture of learning, collaboration, and agility within the organization.
What does “success” in 2023 mean to you? It could be on a personal or business level, please share your vision.
Selva Kumar: My goal is to recruit a diverse pool of young talent to expand our workforce, ensure the utmost client satisfaction, prioritize employee happiness, and propel the business to new heights.
This interview was originally published on ValiantCEO.
