Having rode on the software boom in the ’90s, he survived the dot.com burst during which many companies went down the drain. Realising that hardcore companies with strong services are the need across the globe, Varchasvi became one of the founders of V2 Soft, a software firm which has five offices in the USA, two offices in India (Bangalore and Chennai) and partners in China and Germany.
Born and brought up in Mysore, Varchasvi is planning to open an office of V2 Soft in the city within six months as he feels that Bangalore is bursting at the seams.
He said employees in his firm would be given an option to work in a busy place like Bangalore or work from Mysore, which he believes to be a ‘nice, quieter town’. Varchasvi points out that in the long run, companies would start moving to tier-II cities. He said he was hoping to set-up the centre on Sayyaji Rao Road.
Speaking to Deccan Herald on telephone, Varchasvi said it was his long-term goal to set-up an international business. He said having a flourishing international presence is possible only by understanding the culture of the place.
Recalling cars
Following a series of accidents last year, there had been several reports of top automobile companies recalling several cars manufactured between 2000 and 2007. Investigations revealed a spate of problems including faulty floormats, defective accelerator pedals and brakes. These problems were attributed to glitches in the software used in these cars.
Varchasvi said his company designed the ‘Vehicle Testing Framework’. The framework consisted of metal cages which consisted of bucks (a bench set up of the vehicle) that could provide an end to end vehicle environment for diagnostic testing across various models and help save the companies significant cost and time. For this V2 Soft has been awarded the ‘Inc 500’ award for one of the fastest growing companies in the US.
Reminiscing his days in college, Varchasvi said he had started a small poultry farm, with whatever he could afford. He seems to have gained his business acumen from his grandfather M Thibbanna, owner of Shankarananda Rice Mill (first rice mill in Mysore). He is the son of Prof T Shankar and Susheela. He said his wife Nandini stood by him in all phases of his life.
