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Home > Business > PTI > Report

Gopinath, world's youngest CEO has big plans

November 10, 2006 15:38 IST

Suhas Gopinath with President Kalam
Suhas Gopinath, who at 14 earned the distinction of being the world's youngest CEO, is ready to make his next big move: a possible takeover of a Chinese firm and raising $4 million to fuel expansion plans.

Gopinath, CEO and president of Globals Inc that he founded in 2000, said the four-year old Shanghai-based firm he is in talks with, is operating in the RFID and IT solutions space, with 50 employees and 150-200 customers.

"We are in discussion. If everything goes well, we hope to conclude the deal by March," the 20-year-old told PTI today.

He said it would either be a merger or an acquisition. The synergy would give Globals a foothold in Chinese, Singapore and Korean markets, he said, adding, employees of the Chinese firm in question have tremendous skills in the multimedia space as well.

Gopinath is also in talks with private equity players and banks to raise $4 million. The company, which currently has a headcount of 600 employees, has plans to build its own facility here housing 800 employees.

The company has opened an R&D and business development centre at Frankfurt in Germany, which he said was the "right hub" as most of his clients cater to European market.

After a young leaders' conference in Pakistan last year, Pakistan Prime Minister Shaukat Aziz invited him to open an office in Pakistan employing locals, Gopinath said.

He received some threat mails from "islamic organisations" against doing so, and there were visa restrictions too which resulted in the project not taking off so far.

© Copyright 2006 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

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Number of User Comments: 40

Sub: hello gopi sir

hello sir I want to know how you become the CEO without any qualification , is it because you are the founder of the "global ...

Posted by charlie doshi

Sub: Amazing Gopi!!!!

Hi Gopi I hope we can learn to use our brain cells more effectively henceforth. I am really happy & inspired to learn abt your ...

Posted by Gokarn

Sub: Kudos to Gopinath

Hi Gopinath, At this age you have done a remarkable achievement Congrats for all your success keep going...Can you please share your experience and your ...

Posted by Pavanendra

Sub: He is inspirational source for young indian

I am really impressed with his gorgeous and uncommon achivement compare to his age. Wishing him same success and fame in future too. God bless ...

Posted by Lakha

Sub: gopinath performance

we proud upon you gopinath u r a lesson for the whole world to show your performance. baljeet dosanjh

Posted by baljeetdosanjh



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