Generative AI will really help us to increase our business: Sanjay Lodha, Netweb Tech

economictimes.indiatimes.com:

«Around 50% of the customers are government and 50% are large corporate. And we see basically, the demand for our products and solutions is growing quite a lot,» says Sanjay Lodha, CMD, Netweb TechCongratulations, because it has been a pretty stellar listing. Just walk us through the outlook in terms of why there was a plan to list in the capital markets, and how you are looking to utilise these funds?Yes.

Thank you so much. It has been really an exciting journey. I would like to thank the investors for the kind of confidence they have showed upon us.

And as regards basically, definitely we are very sure the public issue and the proceeds will definitely help us to grow faster, and will help us so as to do the things which we have decided to take in our growth journey. I think that will put us on the fast path, and we will achieve our targets.Take us through your overall financial metrics as well. Given the fact that the company has seen almost a three-fold rise in revenues, your profitability as well, I am talking about FY21 to FY23, has jumped quite comfortably. What is the outlook on how you plan to scale up your financial metrics and what will be the drivers?Yes.

Actually, the area in which we work basically, as I mentioned to you, we are a completely end-to-end company. We are a full-stack company. We do our designing.

We design our hardware. We manufacture our hardware. We have our own software stack.

We have our own services stack that gives us a very good competitive edge, and that gives a lot of comfort to our customers also. And as I mentioned, around 50% of the customers are government and 50% are large corporate. And we see basically, the demand for our products and solutions is growing quite a lot.