Three words for entrepreneurs – Arun Jain, Chairman and CEO, Polaris Financial Technology Ltd
Vision, perseverance, and empowering – these are the three most important words for wannabe entrepreneurs, according to Arun Jain, Chairman and CEO of Polaris Financial Technology Ltd.
- Vision – The purpose for which you are setting up a company.
- Perseverance or commitment – One has to be there with a team, over the period of at least ten years. It is not a one-year or two-year agenda.
- Empowering – Empower people.
Arun, who holds a bachelor’s degree in Electrical Engineering from the Delhi College of Engineering (1983), founded Polaris in 1993 with Rs 10,000. He is a Member of the Advisory Council of the Software Technology Parks of India (STPI) and a Member of the Governing Council of the National Institute of Electronics and Information Technology (NIELIT), Department of Electronics and Information Technology, Government of India. The company site informs that Arun’s core agenda has been towards three specific outcomes, viz., create globally competitive financial technology products out of India; drive a high-performance culture to exceed the expectations of customers; and integrate the company with a larger community and build sustainable models for inclusive growth in the weaker sections of our society.
Headquartered in Chennai, Polaris offers a comprehensive portfolio of products, smart legacy modernization services and consulting. Known for its solutions – in core banking, corporate banking, wealth and asset management, and insurance – Polaris is the partner for 9 of the top 10 global banks and 7 of the 10 top global insurance companies, states http://www.polarisft.com.
Ullas Trust (Polaris’ CSR initiative), started in 1997 by the Polaris employees, aims to recognize academic excellence in students from the economically challenged sections of our society and encourage the “Can do” spirit towards chasing their dreams and aspirations. “Ullas has so far touched the lives of over 25,000 young students in India and has been awarded India’s best CSR Company by BSE – NASSCOM – Times Foundation in 2008.”
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