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Namaste
AMIT SINGH CHADHA

CEO & CO FOUNDER | ADVENT CHEMBIO PVT LTD

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Business Journey

Mr. Amit Singh earned his bachelor's degree in science from Mumbai University. He had an illustrious career and worked for some of the world's most prestigious chemical companies, including Glaxo and Ranbaxy.

At Ranbaxy he worked in the fine chemicals division. Ranbaxy Fine Chemicals produced laboratory reagents and consumables, as well as medical diagnostics products. He gained tremendous exposure in a variety of functional areas such as sales, purchasing, distribution, and so on. He was there for 24 years and rose through the ranks. 

An Indian private equity firm purchased Ranbaxy Fine Chemicals Ltd in 2005. The prospects for that industry were very promising, and there was a lot of interest in the private equity community.

Ranbaxy Fine Chemicals Ltd, then known as RFCL, was sold to Avantor Performance Materials Holdings in 2010. 

Mr. Amit Singh had always wanted to be an entrepreneur, and this event prompted him to consider going out on his own. Mr Amit Singh was in his forties at the time, and he was repaying his home loan. Despite his conviction and faith in his abilities, it was a very risky proposition at the time.

In 2012, he mustered the necessary courage and launched ADVENT CHEMBIO PVT LTD. His family was extremely supportive of him.

To begin operations, he used the funds which he had received from his PF & Gratuity and also broke all of his fixed deposits. He used all of the available leverage to keep his business running.

His all-around experience and exposure in  fine chemicals came in handy. He was able to make quick industry connections and gain traction. He acquired talent through ESOPs because he could not afford to pay high salaries. His former teammates had a lot of faith and respect for him. He went on to assemble a highly talented team. This team has already generated over Rs 75 crore in revenue and has set lofty goals for the future.

Many of us advance to senior positions in large corporations. When we reach this point, we enter a state of comfort and are unwilling to take any risks in our lives. We frequently maintain the status quo due to financial obligations and liabilities.

Knowledge, information, and experience are not the only factors that contribute to business success. It is about the killer instinct and the determination to succeed despite all odds.

Career

Education And Qualification :

Executive Management from IIT Mumbai , Bsc Chemistry from Mumbai University

Experience :

24 years corporate and 10 years entrepreneurship

Awards And Achievements :

All India Best sales performance in Glaxo, Consistence Sales Growth in Ranbaxy , Part of Core team in RFCL,. GM supply Chain for South East Asia in Avantor Performance Material.

Mission

Goals :

To be among the top 5 leaders in Fine Chemicals & Life Sciences Industry by 2025 in India.

Interests :

Active trader in Equity and Derivatives and have done the course in technical analysis, also doing  research based investment in different asset classes . Love travelling to various places in India and abroad with friends and family . Like to be in touch with school / college friends and be part of all reunions and get together.

Inspiration :

My greatest inspiration has been my Mother who taught me the value of time and money. She had the great talent of multitasking and would effectively take care of the household duties , give tuitions to generate the household income and also find enough time to pray and look after our neighborhood gurudwara. From her meagre income she would religiously give 10% (DUSWANT) for noble cause . Unfortunately lost her to cancer when I was 18 years old but her values remain dear to me for lifelong.

Favourite Quote :

Aim for the moon ,even if you miss you will land among the stars.

PERSONAL PROFILE

Date Of Birth :
19/11/1968
Place Of Residence :
Mumbai ( Juhu )
Place Of Birth :
Mumbai
Family :
Happily Married. My wife ,Asha is a homemaker and my guide. We have a talented daughter, Simonne who has done her BBA in finance from NMIMS and has now got admission to Imperial College - London for Masters in Finance. We all stay along with my 90 year young father and are one happy family.

INTEREST

Favourite Books :

The Magic of Thinking Big by David J. Schwartz and The Monk Who Sold his Ferrari by Robin Sharma ,

Favourite Movies :

The Founder , The Wolf of Wall Street , The Social Network, Sholay , Chak De India

Travel :

Love travelling with Friends and family, have been to USA, UK , France ,Switzerland ,Germany, Singapore , Spain . Portugal, Canada, Malaysia, Thailand & Dubai . Extensively covered nook and corner of India including North east . Goa is our favourite place which we go 2-3 times a year

Languages :

English / Hindi /Punjabi / Marathi

Hobbies :

Stock market trading and investment, Travelling to new places . Meeting old friends. . Helping people. .