___
***Are you or someone you know in the global Tamil community doing great things? We'd love to feature them: FILL OUT THIS FORM ***
Network & collaborate with Tamil Changemakers from around the world. Request to join our private LinkedIn community here.
___
What made you decide to start your own company? What sparked the idea behind creating blue lotus 360? What does the company do?
We had a family business called HTN which specialized in software development services. One of our clients had requested that we build a web-based ERP for one of the largest fast food chains in Sri Lanka. During this process, we came to the realization that not many companies went online/digital in the emerging markets because existing ERPs were foreign-made & prohibitively expensive. As a result, 4 years ago, we decided to build a SAAS-based ERP product called blue lotus 360, which we believe is just as a good as any foreign-made software products but way more affordable.
It is a highly-configurable SaaS cloud-based ERP solution for industries in construction, manufacturing, trading and the service industry. Blue lotus 360’s application is built to make it easy to do business across multiple verticals and locations by consolidating and standardizing processes, providing visibility across organization, and help in simplifying compliance in many areas of business such as Accounting and Finance, Human Resource, Inventory, Procurement, Project Management, Quantity surveying, Manufacturing, Sales, Workshop Management and Asset Management, etc.
How did the founding team come together?
When I joined the family business, we saw an opportunity or market gap for cloud-based SaaS ERP solutions for SMEs. Alongside my father and one key software architet, we co-founded blue lotus 360.
How long did it take before you were actually able to generate revenue? What was your business model?
We were in a pre-revenue stage even before the product was developed but it took almost other 2 years before we started onboarding clients and another year until we became profitable.
We are a SAAS business where customer pay a subscription on a monthly or yearly basis to use our product.
Have you raised money for the company or have future to?
We were initially bootstrapped until we raised strategic seed investments from business machines and john keel x which is corporate accelerator program which is run by the largest listed corporations in Sri Lanka.
I see that you also co-founded a company called GoodSeats which lasted for 7 months. Why did this not work out? What was your learning from this experience?
It was one of my friends idea where wanted to solve issue of tickets going unsolved in football matches. It didn’t work out since we couldn’t figure out a proper monetization model.
I realized ideas are cheap and execution is the hard. Figuring out how to generate revenue is the hardest thing.
Where do you see blue lotus 360 in 3-5 years? How about yourself?
We are working towards blue lotus 360 becoming a market leader in SaaS-based ERP for SMEs in APAC and hoping to go public in 5 years.
I see that you did school in the UK, but your company operates out of Sri Lanka - why did you make that decision?
After completing school in the UK, I went back to Sri Lanka with the plans of moving back to the UK or Canada to start my professional career. However, I saw too much opportunity in Sri Lankan and Asia Pacific to leave.
What do you do outside of work for fun?
I watch a lot of Sci-Fi movies, hiking and engaging in round table discusses where we socialize work about Joint Service Projects worldwide.
_____________________________
Related Articles:
- "The Tamil Creator Podcast (Ep.34): Robert Rajeswaran – Singapore-Based Serial Entrepreneur (Born in Sri Lanka & Raised in London) & Co-Founder of Boxaroo"
- "The Tamil Creator Podcast (Ep.33): Ashanti Omkar - UK-Based BBC Broadcaster & Music/TV/Film Critic"
- "The Tamil Creator Podcast (Ep.32): Amarnath Amarasingam - Hip Hop Aficionado, Assistant Professor, Researcher & Author"
- "The Tamil Creator Podcast (Ep.31): Luksimi Sivaneswaralingam – Award-Winning Kollywood Singer & Elementary School Teacher"
- "The Tamil Creator Podcast (Ep.30): Suresh Doss – Leaving A Successful IT Career To Becoming A Well-Known Food Writer"
- "The Tamil Creator Podcast (Ep.29): Indira Samarasekera - Former University President & Current Board Member (Of Several Large Market Cap Companies), Co-Authors Book To Help Create More Female"
- "The Tamil Creator Podcast (Ep.28): Ari Sooriya - Creative Extraordinaire: From TamilCulture.com to Teacher (And Everything In Between)"
- "The Tamil Creator Podcast (Ep.27): Bindi Bosses (Shyamla Eswaran & Ragavi Ragavan) - Australian-Based Dance Group Creating Social Movvement And Discussions Through Performance & Storytelling"
- "The Tamil Creator Podcast (Ep.26): Rick Selvarajah – UK-Based Professional MMA Fighter Turned Entrepreneur"
- "The Tamil Creator Podcast (Ep.25): Jenushika Jeyakumaran – Legal Innovator & Recent Grad Who Co-Founded Tech Company Aleri To Make Trial Preparation Easier For Lawyers"
- "The Tamil Creator Podcast (Ep.24): Nelson Sivalingam - UK-Based Serial Entrepreneur (Tech & Food), Podcast Host & Award-Winning Filmmaker"
- "The Tamil Creator Podcast (Ep.23): Maya Bastian - Investigative Video Journalist To Award-Winning Film Director (Including 2021 Cannes Festival Entrant)"
- "These Tamil Entrepreneurs Share How They Grew Their Side Hustles"
_____________________________
What is an insecurity you have?
I worry way too much about what people think of me and try to make everyone happy.
In terms of your personal legacy, in a few sentences, describe how you want to be remembered by your family and friends?
I would like to be known as a person who had a successful career and good family life.
What do you think you would tell 16-year Nithushan looking back?
I just wish I paid bit more attention to business classes, communication courses and continued playing sports.
What is your favourite book(s) you’ve read recently and why?
Hit Refresh by Satya Nadella who is the current CEO of Microsoft. He sought to change Microsoft’s culture and rediscover its soul. It makes for interesting reading, especially with his emphasis on empathy being the bedrock of his thinking – trying to move public perception of Microsoft being a big uncaring giant falling behind competitors like Apple, to a more forward-looking organization which invests in research, it’s people and its culture.
What is a new belief, behaviour or habit that has most improved your life?
Take time to take care of myself.
If you were given $1 billion, how would you allocate the money to change the world?
I would use it to create sustainable charities which havea focus on educating kids.
What is your favourite Tamil food (meal or dessert)?
Kotthu rotti and mutton rolls!
What is your favorite Tamil movie?
Nayagan and Kannathil Mutham Mittal.
What does Tamil culture mean to you?
It gave me a basis for my values and identity.
**Looking to create your love story? Join the other couples who have dated and got married through myTamilDate.com!***
"myTamilDate Love Story: Jenani & Nav Found Each Other At The Right Time And Right Place In Life"
"How France Met Canada: A MyTamilDate.com Love Story"
"How a Message on myTamilDate.com Led to an Engagement for Lavanya & Vitharan"
***CLICK HERE to listen to us on Spotify!***
Related Articles:
- "Sibi Selvanathan Published an Amazon Top 5 Epic Fantasy Book in 18 Months During the Pandemic, Fulfilling a Childhood Bucket List Item"
- "Sajanthan Velu Co-Founds Streaming Platform Playmi.ca To Help Up-And-Coming Independent Tamil Content Creators Break Through"
- "Elite Athlete, Coach, Future Chiropractor & Entrepreneur Abirami Shanmugaratnam Is Making Waves In The Athletic Performance Industry"
- "Toronto's OG Food Writer Suresh Doss Is Using His Reach And Voice To Help Engineer A Comeback For Beleaguered Restaurant Industry"
- "Ballet And Kung Fu Trained Australian Actress & Writer Rubi Balasingam Is Promoting Tamil Voices In Aussie TV And Film"
- "Yathusha Kulenthiran's Marketplace For Environmentally Sustainable Palmyra Products Empowers Female Artisans In Sri Lanka"
- "Australian-Tamil Entrepreneur Sujan Selven Is Creating Economic Opportunities For Remote Villages In Northeast Sri Lanka Using Upcycled Devices & Improved Connectivity"
- "Crypto Tinhorn & Former Journalist Anand Venkateswaran Talks About Buying A $69M Digital Art Piece, Collecting Stories & Catalyzing Change"
- "Tamil Innovators Spotlight: Abarna Raj, CEO of Australian Social Startup Palmera, Is Tackling World Poverty"
- "Tamil Innovators Spotlight: Tea Drops CEO & Founder, Sashee Chandran"
- "Tamil Innovators Spotlight: Knowledgehook's CEO, Travis Ratnam"
- "Tamil Innovators Spotlight: Kabo CEO & Founder, Vino Jeyapalan"
- "Danny Sriskandarajah's Journey From Rural Sri Lanka to CEO of Oxfam Great Britain"
- "The NBA Bubble: Dr. Priya Sampathkumar Helped Make It Happen"
- "These Tamil Founders Behind Agritech Startup Dunya Habitats Want To Alleviate Food Security Globally"
- "Marketing Maven Jackson Jeyanayagam Shares Insights From His Illustrious 20-Year Career"
- "Angel Investor Jay Vasantharajah On Building His Portfolio One Day At A Time"
- "Breaking Into Hollywood: Meet Tamil-Canadian Actor Vas Saranga"
- "Meet Rebecca Dharmapalan - Filmmaker, Legal Scholar, And Activist"