Practus' mission is to disrupt the consulting space and challenge the status quo
FinTech BizNews Service
Mumbai, 31 October, 2023: Deepak Narayanan, Founder and CEO of a well-known consulting firm Practus, briefs FinTech BizNews.com about his plans for the business growth.
Deliver Tangible Outcomes
Practus, a consulting firm, works with decision makers while committing and delivering growth, improve profitability/cashflows and enhance valuations for companies. Deepak Narayanan Founder and CEO, Practus, explains: “We focus on implementation to deliver tangible outcomes which is in line with our mission/purpose to reimagine the consulting space and deliver exponential value to clients. Practus has worked with over 1000 clients in 10 countries delivering high impact projects through its offices in India, US and the Middle East.”
Tools, Frameworks
Technology is an enabler at Practus. Application of technology is one of the key elements of the Practus’ delivery model. Deepak Narayanan, informs: “We work extensively with tools, frameworks, methodologies which are developed in-house and proprietary at Practus as well as 3rd party solutions while solving problem statements for clients. These tools are used both as a means to improve client stickiness and to increase productivity of our team.”
Targets And Plans
Practus’ mission is to disrupt the consulting space and challenge the status quo. Over the last 10 years, Practus’ revenues have grown at a CAGR of close to 40%. Between 2020 and 2023, its revenue CAGR was close to 50%.
Deepak Narayanan elaborates: “The impact that we generate helps improve business outcomes for clients significantly. Our team collaborates successfully with stakeholders to deliver tangible results with technology as an enabler. In doing so, we play a critical role in building a better world for our people, clients, business partners, and community.”
Practus’ vision is to Lead the way for Indian consulting firms to think and act global. Deepak adds: “We are targeting to achieve an enterprise valuation of $1Bn by 2030.”
