A Monk with Midas Touch: The ITCONS e-Solutions Ltd Success Story
The Brain Behind An Admirable Company 2024
In the fiercely competitive world of staffing and recruitment, few have the vision and acumen to transform a fledgling company into a powerhouse. Dr. Gauravv Mittal, the MD and Founder of ITCONS e-Solutions Ltd, is one such individual. Known for his uncanny ability to turn challenges into opportunities, Dr. Mittal’s journey is a testament to the power of innovation and strategic foresight.
The Visionary Leader: Dr. Gaurav Mittal
Dr. Gaurav Mittal is not just a successful entrepreneur; he is a multifaceted individual whose accomplishments span various domains. He is a highly respected astrologer of global fame, a philanthropist, and a financial wizard. His bestselling book, ‘A Monk with a Merc’ chronicles his transformation from an IT professional into a technocrat with a unique blend of futuristic vision and meticulous detailing.
His leadership at ITCONS e-Solutions has been nothing short of transformative. Under his guidance, the company has grown from a startup to a dominant player in the staffing and recruitment industry. His ability to foresee market trends and adapt accordingly has been instrumental in this journey.
ITCONS e-Solutions: A Leader in Staffing and Recruitment
ITCONS e-Solutions Ltd, headquartered in NOIDA, has carved a niche for itself in the competitive staffing and recruitment market. Founded and nurtured by Dr. Mittal, the company offers a wide range of services including IT consulting, permanent and temporary staffing in IT/ NONIT companies and Goverment Department.
ITCONS has been supported by Amity Capital Ventures and endorsed by the MSME (Ministry of Small and Medium Enterprises) and TDB (Technology Development Board) and won many laurels like TATA NEN hottest startups Award in year 2008, Microsoft Biz Spark Award in year 2008, NASSCOM IT Innovator award in year 2009, Power of Ideas – Economic Times Award in year 2009, Red Herring Asia Award in year 2009, Red Herring Global Award in year 2010 etc. during its startup journey itself.
The company’s unwavering vision is “To be a Pan India respected corporation that provides best-of-breed Staffing Business Solutions / Services, leveraging technology, delivered by best-in-class people.” This vision is reflected in every aspect of their operations, from their strategic approach to client management to their innovative staffing solutions.
The Journey of Transformation
Dr. Mittal’s leadership transformed ITCONS from a penny stock to a multi-bagger stock in less than 500 days post-IPO. In March 2023, ITCONS went public with an IPO priced at ₹51 for a ₹10 face value share and this month ITCONS shares gave an impressive return to investors with 52-week high touching INR 191.25, a whooping 400% . This remarkable growth story is a testament to Dr. Mittal’s strategic vision and his ability to navigate through complexities of the market.
Diversification and Future Prospects
Not one to rest on his laurels, Dr. Mittal is steering ITCONS towards new horizons. The company is on the verge of diversifying into the solar power sector, a move that promises to set new benchmarks in the industry. This diversification is a reflection of Dr. Mittal’s forwardthinking approach and his commitment to sustainable growth.
Expertise Across Industries
ITCONS e-Solutions has built a reputation for excellence across more than ten industry verticals be it Fintech, IT, Education, Retail, Logistics, Defense, NBFC, Engineering /Construction, Healthcare, Telecom, Goverment, F&B/ Hospitality.
Their client list includes marquee names such as Wipro, HCL Tech, TVS Electronics, LTI Mindtree, Agile Tech, Karvy, E-Comm Express, Swiggy, ZYPP, Max Life, HDB Financial Services, Paytm, Phone Pe, Adani, Indian Army, Maharashtra Border Check Post Network Ltd, Central Ware Housing, Amravati Municipality, Food Corporation Of India, Café Coffee Day, among others. The company’s ability to deliver customized, SLA/KPIbased business solutions has earned them the trust and loyalty of their clients.
The management team at ITCONS is comprised of professionals from premier institutes, bringing over 5000 person-years of experience to the table. This wealth of experience, combined with Dr. Mittal’s strategic vision, positions ITCONS as a leader in the staffing industry.
Values and Corporate Culture
At the heart of ITCONS e-Solutions lies a set of core values that guide every interaction and decision. These values include respect for clients, a commitment to security, adherence to international standards, equal opportunity employment, and privacy. The company’s dedication to these values fosters a culture of integrity, transparency, and excellence.
Corporate Social Responsibility
Dr. Mittal’s commitment to societal welfare extends beyond the corporate world. He founded Mahakal Maharaj Bikaner Sewa Mandir, a charitable trust dedicated to social welfare initiatives. Under the DiViNiTi vision, the trust aims to establish healthcare clinics, old-age homes, and educational institutions across India. This initiative embodies ITCONS’s commitment to giving back to society and making a positive impact on the community.
Awards and Recognitions
Dr. Mittal is awarded with numerous accolades for his leadership, social welfare causes, innovative approach and excellence in service delivery. These include the Entrepreneur of the Year, Star Entrepreneur, Karmaveer Chakra Award, Leaders of Tomorrow, Industry Excellence Award, Gaurav Samman, Corona Warrior Samman, Corona Yoddha Samman, Nelson Mandela Noble Peace Award and recognition from Red Herring and NASSCOM.
These awards are a testament to the company’s commitment to excellence and its ability to set new standards in the industry. He also carries Honorary Doctorate in Ayurveda, Astrology and Vastu Sciences by American University and was awarded with Life Time Achievement Award in Astrology and Vastu by Society of Vastu Sciences.
Comprehensive Service Portfolio
ITCONS e-Solutions offers a comprehensive range of services designed to meet the diverse needs of their clients. Their service portfolio includes:
• Contract Staffing: ITCONS hires, pays, motivates, and retains staff for clients, ensuring seamless workforce management.
• Permanent Placements: Their recruitment process outsourcing services take ownership of clients’ HR needs, from job description writing to hiring and training.
• Compliance Management: ITCONS manages all compliance requirements for client staff, ensuring adherence to regulations.
• IT Staffing: Specializing in IT staffing, ITCONS provides highly skilled professionals to meet the technical needs of clients.
• Managed IT Services: With over 500 person-years of experience, ITCONS offers comprehensive IT services, acting as a single point of contact for clients’ IT needs.
• Payroll Management: ITCONS manages salary processes for clients’ in-house resources, ensuring accurate and timely payments.
Talent On-Demand and Customized Solutions
One of the key strengths of ITCONS is its ability to provide on-demand talent. This approach allows clients to tap into a vast pool of skilled, experienced workers, providing flexibility that traditional employment models cannot offer. ITCONS’s customized staffing solutions are tailored to meet the unique needs of each client, ensuring the right fit for both clients and employees, at right price.
Wider Reach and Cost-Effective Solutions
With a PAN India presence, ITCONS ensures constant communication with clients through account managers based at central and service locations. This wider reach enables ITCONS to provide on-ground support and deliver cost-effective staffing solutions across various verticals worldwide.
Commitment to Excellence
ITCONS’s commitment to excellence is reflected in their mission and values. Their mission is to enable people and businesses to realize their full potential, provide services that lead to higher value creation, and achieve 10,000+ contract staffing manpower through their payroll system by 2025. Their values, which include delighting customers, leading by example, integrity, fairness, and the pursuit of excellence, drive their operations and interactions with clients and employees.
Conclusion
In conclusion, ITCONS e-Solutions Ltd under the leadership of Dr. Gaurav Mittal exemplifies resilience, innovation, and a commitment to excellence. Dr. Mittal’s journey from an IT professional to a visionary entrepreneur is a testament to the transformative power of perseverance and strategic foresight.
As ITCONS continues to expand its footprint and diversify its offerings, the company remains steadfast in its mission to empower businesses and individuals alike. This is the story of ITCONS e-Solutions Ltd—a story of turning challenges into triumphs, guided by a leader whose touch truly turns every endeavor into gold.
