BIBS Media Club interview Mr. B. Hari, Founder & CMD, Ontrack Systems UK
Mr. B Hari is a serial entrepreneur.

An entrepreneur for over 25 years, Mr. Hari is the founder of Ontrack Systems Limited (www.ontrackindia.com ), an ICT company headquartered in Kolkata, India employing 250 professionals in six countries. Mr. Hari has led and executed the acquisition(s) strategy for the company and also led the Initial Public Offering (IPO) of Ontrack.   He was one of the early adapters of the internet (1996) and his portal www.calonline.com (Calcutta Online) was a very popular portal which was subsequenly acquired by a NASDAQ listed company in 1998-99.

He subsequently founded www.tendertimes.com, India’s first tendering portal and acquired www.indiaonestop.com, India's earliest B2B information portal.  He is currently the Chairman and Managing Director of Ontrack Systems Limited. 

Prior to starting Ontrack, Mr. Hari was a Systems Engineer with Bharat Heavy Electricals Limited (BHEL) where he championed the usage of Personal Computers (PC) in place of Mini and Main frame computers. He earned a BE (Bachelor of Electrical Engineering) from Bengal Engineering College, Shibpur. Over the last 25 years Mr. Hari has held key positions in several trade bodies and industry associations and has served as a Board Member / Advisor for several companies. He currently serves as the Chairman of the Board of Comunet Info-Systems Private Limited (www.comunetsystems.com). He is also a Director of IvyCap Ventures, (www.ivycapventures.com) a Private Equity fund,  focused on supporting entrepreneurs from premium colleges of India. He also serves as a trustee / Office Bearer of several non profit organisations like TiE (www.tie.org) Kolkata as President, COMPASS (www.compassindia.com) as President, NASSCOM (www.nasscom.org) as Vice Chairman of EIRC, FirstJob College (www.firstjobcollege.com) as President  and in Shree Dibyananda Mission as a Trustee.

He is a member of The Indian Angel Network (www.indianangelnetwork.com), where he contributes in deal sourcing, due diligence and mentoring of startup companies. He is well networked with entrepreneurs and investors all over the world and has the ability to raise finance for startup and matured companies. He mentors entrepreneurs and provides strategic

inputs and directions to companies.  He is a very popular speaker and speaks on his ongoing research in Wealth Dynamics.

Able to work on his own initiative and as part of a team, Mr. Hari has proven leadership skills involving managing, developing and motivating teams to achieve company objectives. He has first-class analytical, design and problem solving skills and is globally networked and is dedicated to maintaining high quality , ethical and corporate governance standards.  

Parents forcing their children to choose the career of their choice against the child’s will

No, I never support this. I always believe that one should be responsible for his or her own decision. Pushing to do something always cannot give good results. And the end of the day your parents want to see you happy and well settled irrespective whatever you choose to do.

Good students getting attracted by good salary in the corporate world vis-à-vis chosing to become an entrepreneur

Yes it’s true that lot of them do get attracted towards the heavy packages, however I will say now a days student always want a secure life than rather than ready to face the challenges to curve their way. According to me one can even become an entrepreneur while doing his or her job, one thing that everybody should keep in mind is that you can only become an entrepreneur if you have the passion for it.

Encouragement for BIBS students to become an entrepreneur

First of all, I must say it’s a very difficult job to do. As such, here I find that people are least interested about entrepreurship but rather they prefer to go for the jobs. My one suggestion would be to think different, create the passion and move forward, you will surely reach your destination.

Corporate encouraging entrepreneurship

Yes, they do. Many of the corporate companies are very much eager to help the start ups as VCs. For example, Vikram Gupta of Ivy cap Ventures.