Enrich Development Private Limited / Bhawana Maheshwari, Manjari Singh.

Format:

Book

Author/Creator:

Maheshwari, Bhawana, author.

Singh, Manjari, author.

Series:

SAGE Business Cases.

SAGE Business Cases

Language:

English

Subjects (All):

Business consultants--India--Decision making--Case studies.

Business consultants.

Employees--Training of--India--Case studies.

Employees.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : Indian Institute of Management, Ahmedabad, 2020.

Summary:

In 2014, Vishal Singhi, a young entrepreneur, established Enrich Development Private Limited (EDPL). EDPL is a small Skill Development consulting firm based in Jaipur, India. EDPL provided consultancy services to third-party agencies to acquire, implement and evaluate the Skill Development projects sponsored by the Government of India. EDPL's founder realised that there were higher margins in project implementation, that is, training students and helping them with placements, than providing consultancy for it, and thus EDPL ventured into project implementation. EDPL soon received initial success by forging alliances with several agencies and securing significant projects. Project implementation required high investment, which resulted in working capital issues for EDPL. By 2016, it was running low on cash and had no liquid assets, and payments were due for the completed projects. Reconciled to this critical situation, the founder of EDPL was contemplating whether to stop its operations, take up only consulting projects, or take the risk of starting the next highly profitable training project.

Notes:

Includes bibliographical references.

Description based on publisher supplied metadata and other sources.

ISBN:

1-5296-1114-8

9781529611144

OCLC:

1355859491