Kunwer Sachdev: On the SuKam Inverter Story, Success, Failure & Bankruptcy | The Journey with Simarpreet Singh

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The Journey with Simarpreet Singh

Simarpreet Singh

46 episodes

1 day ago

"The Journey with Simarpreet Singh" Podcast is a talk show where we discuss about life, family, emotions, childhood, success, failure, and more.... Podcast had been on my mind since last 2-3 years, but always wanted to make it special and unique. With so much content being out every minute, how can you differentiate whether it’s your delivery or the people that you bring on the platform. The aim of this podcast is to bring forth the exciting adventures of some very interesting personalities who in their own ways have contributed towards building a better India.

Self-Improvement

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Self-Improvement

Education

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Kunwer Sachdev: On the SuKam Inverter Story, Success, Failure & Bankruptcy | The Journey with Simarpreet Singh | Podcast Season 1 Episode 39

The Journey with Simarpreet Singh

1 hour 28 minutes 11 seconds

3 months ago

Kunwer Sachdev: On the SuKam Inverter Story, Success, Failure & Bankruptcy | The Journey with Simarpreet Singh | Podcast Season 1 Episode 39

Welcome to Episode #39 of: The Journey Podcast with Simarpreet Singh (TJWS).Today's Episode features the Inverter Man of India - MR.KUNWER SACHDEV, the Founder of Su-Kam Power Systems (SuKam Inverters).Kunwer Sachdev is a prominent figure in India's renewable energy sector & the visionary behind the massive success of Inverters in India. He established Sukam in 1998, driven by a vision to provide innovative power solutions. Under his leadership, the company grew rapidly, becoming a leader in the inverter market and expanding into solar energy. However, Sukam faced challenges in the late 2010s, including financial difficulties and management issues, leading to its decline. Despite these setbacks, Kunwer's journey is a testament to resilience and innovation in the face of adversity, inspiring many aspiring entrepreneurs in the renewable energy landscape.Hear his journey from founding of Su-Kam Inverters, the inverter revolution, the business model, the uniqueness, fierce market competition and challenges, setbacks, losses and debt of 240+ crores, power industry, business acquisition, legal suits, cases & much more.Stay tuned and watch the full episode. CHAPTERS0:00 Precap & Intro 5:02 Chapter 1: Early Days & Invention of Inverter11:30 The Story of Su-Kam Cable TV Systems18:10 The Idea Behind Su-Kam Inverter26:40 Chapter 2 : Rise & Fall of SuKam Power31:50 Challenges & Avoidable Mistakes36:05 How Distributors contributed to SuKam Success?39:30 Why SuKam had a Downfall? - Business Failure43:28 How 240 Crore Loan Default Happened?48:10 The Saga of Su-Kam Legal Battles & Acquisition58:35 Looking Back at the Failures1:01:30 Chapter 3 : What Next for Kunwer Sachdev?1:09:45 Message to Entrepreneurs1:16:10 Was Running Away an Option?1:19:18 Creating Legacy & Outro___________SUBSCRIBE, LIKE & COMMENT to engage in an interesting journey.@simarpreethsinghReach me atInstagram : https://www.instagram.com/simarpreeths/Twitter handle : https://twitter.com/simarpreethsLinkedIn : https://www.linkedin.com/in/simarpreethsingh/Facebook : https://www.facebook.com/simarpreet.singh07Keep following my channel for more such updates. __________ABOUT THE PODCAST "The Journey with Simarpreet Singh" is a talk show where we discuss life, family, emotions, childhood, success, failure, and more. That’s the thing with this podcast - it’s for everybody. All the episodes and the guests that we have recorded - our intent is to talk about their journey, get to know every aspect of these inspiring people and in the process, if anyone of you get inspired, or pick something from someone’s life, our work is done. __________#thejourneypodcastwithsimarpreetsingh #thejourneypodcast #podcast #simarpreetsingh #kunwersachdev #sukam #sukaminverters #sukamfounder #poweringindia #inverter #inverterman #startups #entrepreneurship #entrepreneur #renewableenergy #inspiration #businessleadership #energysolutions #innovation #AI #sustainableliving #successmindset #businessfailure #strategy #electricity #viral #business #India