Tuesday, October 20, 2020

                     Interview with Rajeev Karwal, Founder Chairman - Milagrow Robots 






                       





Q1) Why did you start a business? Why didn’t you take up a job instead?

Ans 1) I have worked at the senior management positions at FMCG Companies, startups, turnarounds and more. I have vast experience at senior management positions. I chose to startup since I wished to replace humans serving humans for menial tasks and jobs where a dignity of a human suffers with robots. I wished to be my own boss after working as an employee in the corporate world for many years.

Q2) How did you come up with the idea for this business?

Ans) Robots have fascinated me since childhood. I have grown up watching sci-fi movies like Bicentennial Man or Edward Scissorhands which heightened my interest . I feel that whenever sci-fi movies depict something, there is some reality attached to it and the idea that human intellect has the power to create technology which breaks all barriers makes me want to be a part of it. I wanted to bring that technology and change to our country which gave way to Milagrow HumanTech. This prompted me to start this business.

Q3) Who were the people who encouraged you and helped you shape your ideas?

Ans 3) My father has been my biggest encourager. I consider myself my own role model. I have grown in my career with contentment and without comparison. My only competition has been myself and I did not grade honesty and ethics on a scale.
Q4) What are your strengths that make you keep doing what you’re doing?

Ans 4) Daily chores of washing dishes and clothes along with keeping the house clean is more stressful than work itself. Therefore there was a surge in demand for gadgets that make life easier when it comes to household chores. With the Covid Pandemic there is an increased focus on hygiene and low human contact. This has boosted the demand for domestic robots.

Q5) What’s special about your product or service?
Ans 5) What is special about Milagrow is that it is a completely homegrown brand. The company has no outside loans. It helps in replacing the domestic household help.

Q6) Do you have plans to expand?

Ans 6) The demand for floor cleaning and other robots has picked up as people faced domestic help constraints amid concerns around the pandemic. The market for robots has exploded. The Milagrow market share will bounce back to 50 percent with customer satisfaction.  During the pandemic, Milagrow has provided robots to hospitals like AIIMS, Medanta etc during the lockdown. This will lead to its expansion. 









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