This year, on January 16, Union Minister for Commerce and Industry Piyush Goyal stated that India’s IT sector could significantly contribute to the country’s goal of increasing services exports to $1 trillion annually.
The Covid-19 pandemic did hurt India’s unorganized industry but it did assist some organized industries in achieving substantial development. The Indian IT businesses profited greatly during the past two years due to the need for upgrading digital connectivity and expanding virtual teams.
The $194 billion Indian IT sector has benefited greatly from the outbreak. It encouraged multinational corporations to increase their investments in a variety of services. According to industry group NASSCOM, before the pandemic, Indian IT businesses reported a yearly growth rate of about 6-7%, which has since jumped to about 15-20%.
Madman Technologies, a company established in January 2019 with its headquarters in Noida, Uttar Pradesh, offers various IT services. With IT’s growth in the country, skilled professionals and trusted companies in the field are the need of the hour (especially in tier 2 and 3 cities), and Madman Technologies is delivering just that.
An Overview
Manish Gupta and Vaibhav Singh founded Madman with the goal of offering IT Consulting services to clients utilizing cutting-edge technologies and their combined business knowledge. The first Madman was established in Noida and has now expanded its business to Goa and Bhopal.
The company’s goal is to revolutionize the long-established industry of consulting firms. Traditionally, IT consulting firms have only provided the answers that customers have requested. Madman Technologies not only offers consulting services but also provides technical support to clients along with backend assistance for maintenance of the technology.
To survive in the highly competitive IT industry, Madman has put together a team of professionals and specialists. The firm hasn’t achieved breakeven yet but is working hard to build its brand while getting closer to the goal every day.
The Need For Madman
In today’s scenario of technological growth, businesses closely engage with customers and provide efficient and quick support. The catch is that when there is technology, you surely need assistance with it. IT consultants may provide firms with recommendations on the best technology to use to increase productivity.
With growing popularity and knowledge about technology, it is getting easier for people and corporations to solve tech problems in big cities. But technology still hasn’t advanced to the point where employees of Tier-3 and Tier-4 cities can easily access or understand it. This is where the idea for Madman came from.
Going Into The Details
Within IT, the firm works on data center solutions, video analytics, cyber security audits, network design, IoT/IoE, LMS, drone needs, and analysis, among other things. Its mission is to provide its clients with the most affordable, efficient, and dependable services possible.
It provides the best custom solutions to small and large businesses in India. Its reliable and verifiable service portfolio meets the varied demands of clients with a client-friendly attitude, polite communication, and great after-sales services.
Madman targets several sectors, including the commercial, governmental, private, and more. B2B, B2C, and B2G (business-to-government) relationships make up the company’s business model. Due to the COVID pandemic customer counts have drastically decreased for both B2B and B2C transactions. On the other hand, Madman had far more success in the B2G market, and reports having the greatest number of clients in this industry. The firm has served over 250+ clients in the past three years. It is dedicated to extending its reach to additional clients in rural as well as major cities.
Growth of Madman
The business has so far been self-funded. It is seeking investors who will serve as mentors to the Madman team so that they may take the initiative to help expand the firm. It is aiming for a million dollars in its first round of investment.
As of right now, Madman has helped more than 257 clients in more than 100 Indian cities.
“We have many repeat customers due to our high-quality, unbeatable services that build long-term relationships.”
A business that began with three employees has expanded to 12 youthful and motivated workers. Madman is on a quest to develop a worldwide footprint with its first international office after putting in so much time, effort, and love.
Madman Will Get The Job Done
Since there is little information on the quality of the startup’s goods or services, people frequently hesitate to make purchases from them. However, Madman has qualified staff members who will first explain to you the products and processes before accepting complete accountability for the services they offer. In order for individuals to launch new businesses and maintain them, Madman Technologies wants to promote the word that start-ups should be given possibilities. Madman Technology affirms:
“Give our consulting services a try, you’ll be able to repeat it within a short period of time. We are sanguine that you will have the best experiences with our products and services. Contact us for any inquiries, requirements, questions, or comments. Our Team is ready to handle them!”
