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Aditya Arora

ย โ€ขย 

Faad Networkย โ€ขย 2m

Paid employees 5% extra, left his own salary and built a 4167 CR company. 1. After studying Chemical engineering at the prestigious IIT-BHU, Shub Bhomwick surprised everyone when he started his career not in tech but in manufacturing as a production manager at Britannia. He worked in the factory for two years handling operations, but then 2000 arrived. ๐Ÿ‘‡๐Ÿป 2. The Silicon Valley boom sparked a new ambition for technology, and Shub wanted to be a part of it. He joined Infosys as a project leader and worked for five years before pursuing an MBA in the US at the Kellogg School. He was now working with some of the biggest names, including Mu Sigma, American Express, and PwC. But he noticed something. ๐Ÿค” 3. Large enterprises struggled to transform raw data into actionable insights. There was a gap between insight creation and value realization. Shub left his well-established career and started a company from his three-bedroom apartment in Bangalore with two Silicon Valley colleagues. In February 2013, Tredence was born. ๐Ÿš€ 4. The idea was simple โฉ Create "tailor-made" data and AI solutions designed for specific industry problems. While most companies were doing first-mile generic reporting, Tredence focused on last-mile, specific reporting. He had grown a small team of eight members, but his struggle had just started. ๐Ÿ‘‡๐Ÿป 5. There was no money to pay salaries or expand beyond the apartment, and then, finally, Shub landed a contract with a Fortune 500 client, Kantar Group. Tredence implemented a customer analytics platform to reduce client churn. With the money, Shubh paid his team members and waived his salary. ๐Ÿ™Œ 6. It grew with a vertical-first, outcome-oriented approach, combining deep technical expertise in machine learning, data visualization, cloud migrations, and MLOps. By 2017, Tredence had grown to 20 CR in revenue with 150 employees, multiple Fortune 500 clients and two offices in the US. ๐Ÿ‡บ๐Ÿ‡ธ 7. Shubh strategically targeted high-traffic sectors, including retail, telecom, travel, manufacturing, banking, and healthcare, with its generative AI consulting. By 2020, it raised 220 CR from Chicago Pacific founders and at a valuation of 733 CR. It became a 100 million-dollar company. โœ… 8. Trendence continued to grow, reaching 30 Fortune 500 clients and employing over 2,000 people across the US, UK, Canada, and India. Growing at a rate of 90% yearly, it had reached a revenue of 833 CR by 2022. It raised 1449 CR led by Advent and became a 500 million dollar company. ๐Ÿ’ช 9. Today, Tredence works with over 75 clients and 3500 employees across San Jose, Foster City, Chicago, London, Toronto, Delhi, Chennai and Bangalore. By acquiring Further Advisory in April 2025, it has now expanded into the BFSI sector as well. ๐Ÿ™Œ โžก๏ธ Although a 4167 CR company today, Shub Bhomwick not only left his salary in 2014 but paid everyone 5% extra when his team needed it the most. ๐Ÿ™

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