Transforming IT Solutions The company has not taken any funding from any VCs as all funding used to create InterraIT was done organically

By Saptak Bardhan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

InterraIT

While technology has penetrated every market in the world, it continues to evolve every passing day. The dynamism of the sector and people's dependence on technology has propelled it to greater heights. Innovations like cloud computing and digital mobility services have transformed the space completely.

Founded by Asoke K. Laha and Ajoy Bose, InterraIT was established in 1996. Making a tremendous impact in the IT industry over the past two decades, InterraIT's journey has been an incredible one. It started in a home office in New Delhi. The company recruited a passionate staff aligned in achieving the same goal – 'how to make a huge impact in the IT industry by providing top-notch IT services to a select, targeted audience'.

The company has not taken any funding from any VCs as all funding used to create InterraIT was done organically. InterraIT has hired people who have worked at prominent companies in the US and have experience and knowledge in developing its establishment and its procedures.

"The biggest piece of advice to aspiring entrepreneurs looking to join the IT sector is to follow your gut and your instincts. Don't hesitate to ask for help when you need it and constantly read and educate yourself to understand what's happening in the industry around you. Push and challenge yourself and take risks. Surround yourself with people who are smarter than you," said Ajoy K. Bose, founder and chairman of the board, InterraIT.

Both Asoke and Ajoy believe that the current IT scene has been exciting to watch and has a strong growth potential wherein the sector is witnessing emerging technologies such as AI, ML, AR/VR, the metaverse, and web 3.0. The tech sector in India is growing at an unprecedented pace. The general feeling for the sector is competition in this space would come from organizations that bring in disruptive technologies capable of transforming the IT space – technologies such as blockchain, cybersecurity, AI, and IoT.

A few challenges encountered by InterraIT were from situations that were beyond the company's control including the likes of the global financial crisis of 2007-2008 and the recent COVID-19 pandemic.

According to Asoke, the situations have highlighted the importance of being agile and flexible and paranoid. "It is key to always be prepared for the unexpected and also understand that tough decision have to be made at times. With the COVID-19 pandemic, InterraIT was able to successfully transition to a work-from-home environment and meet all of our client's deadlines without compromising quality," said Asoke K. Laha, president and chief executive officer, InterraIT.

The company has a few central beliefs that form the foundation of the organization, one of which is quality to succeed in a competitive field such as IT, the way to stand out is by ensuring one provides top-quality products and services. Another core belief that drives InterraIT is everyone within the organization is encouraged to follow their passion, collaborate, and challenge each other while finding creative and innovative ways to take InterraIT to new heights. The company encourages employees to think and behave as CEOs, not as employees and order-takers.

InterraIT has exciting plans for 2023 where it continues to expand into new domains and geographies.

Saptak Bardhan

Former Trainee Writer

Former Trainee Writer
Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

India has the Potential to Host over 620 New Large GCCs by 2030: ANSR

The BFSI sector dominates GCCs in India, followed by Manufacturing and Retail/CPG. There is also a strong focus on digital technologies, with 85 per cent of GCCs engaged in digital commerce initiatives.

News and Trends

Union Budget 2025: Will FM Finally Offer Tax Relief to India's Crypto Ecosystem?

Among the demands and suggestions posed by the ecosystem players, the reduction of tax on virtual digital assets (VDA) and Tax Deducted at Source (TDS) remain a prime concern. The previous interim budget and union budget failed to provide any relief for domestic crypto investors.

News and Trends

Zetwerk Appoints Banks for Maiden Listing: Eyes $500 Million in Funds Through IPO

Zetwerk has opted to partner with Axis Capital Ltd., Goldman Sachs Group Inc., Jefferies Financial Group Inc., JM Financial Ltd., JPMorgan Chase & Co., and Kotak Mahindra Bank Ltd. as the book-running lead managers (BRLMs) for the IPO.

News and Trends

D2C Skincare Brand Foxtale Raised USD 30 Mn Series C Funding

Last year, the Mumbai-based brand raised USD 18 million (around INR 150 crore) in its Series B funding round, led by Panthera Growth Partners from Singapore.