10 Most Successful SMEs in India


2. Ankur Scientific Energy Technologies
Location: Vadodara
Core Activity: Manufacturing Biomass Gasifiers

Everyone assumed that Ankur’s decision to return to India was a big mistake. But today obviously he has proved all of them wrong.

His entrepreneurial debut with Ankur Scientific Energy Technologies has been a great success and has been among the star performing SMEs.

Ankur Scientific makes biomass gasifiers, mostly used for power generation. The company is now well famed and closed sales worth 34.7 crore and profit after tax of 4.6 crore in 2011-12.

3. Mynd Solutions
Location: Gurgaon, Haryana
Core activity: Business Process Outsourcing

A Business Process Outsourcing firm was not even close to what Sundeep Mohindru and Vivek Misra had in their mind before incepting Mynd Solutions.

When they were planning to start a finance and human resource advisory company, they found that first they needed a few automated processes to help them advice their clients better. These activities slowly grew to include their advisory function.

"Over a period we have created standard solutions, which have both vertical and horizontal focus," says Mohindru. By 'vertical' he means sectors, while 'horizontal' refers to functions within every organisation.

The company that was commenced in a simple apartment has an annual turnover of 50 crore today.

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