Each and every business today needs a driving force behind the growth and development of their business. Over the years, the mentorship or the guiding light for a company to be successful has evolved according to the market requirements. With almost all the industry verticals having dominating brands, startups need expert guidance from experienced consultants to have any chance of surviving in this ultra-competitive market environment. Offering one-off end-to-end consulting solutions to startups is LIO Consulting, the brainchild of industry stalwart, Sidhant Singh, who during his studies in the UK identified the potential of this unidentified niche in the Indian market.
The primary motive behind the establishment of LIO Consulting is to have an impact on its clients' businesses by providing advisory services to startups, international firms looking at entering the Indian market and existing companies in India that are aiming for expansion, and changing their service verticals. “Most startups are looking at the capital and not at technical expertise. When we work with a company especially a startup, our primary goal is to understand the vision of the company. The vision is the very foundation of any company and from there, our work begins. We like to go through the entire journey of a client from concept to inception. This helps us in understanding the pain points of the client, which in most cases is not the reason a client is looking for consultation. However, these pain points help us get a deeper understanding of a company and enable us to provide customized solutions for them. Even when a startup approaches us for capital, our aim is to provide them access to investors that will not just provide funding but also guide them along their journey”, says Sidhant Singh, Founder, LIO Consulting.
Elucidating about the services offered by the company, Sidhant says, “LIO
provides business advisory services and covers services such as ideation, partner identification, project identification, strategic planning, feasibility, market-entry, engineering design, project management and implementation, and growth acceleration in various sectors. A unique or differentiating service that we provide is an engineering consulting along with management consulting services. Our approach to clients, both startups as well as established companies looking to expand into newer markets or verticals is that we like to use the ‘Design Thinking’ concept. Design Thinking is an iterative approach that helps understands the user, challenges assumptions, redefines problems and creates innovative solutions. Our approach is to define the problem, create a mission statement and then try to solve the problem.”
LIO Consulting with its mission of ‘Leverage, Integration and Opportunity’ aspires to provide actionable tailored services that unlock growth for businesses
LIO Consulting with its mission of ‘Leverage, Integration and Opportunity’ aspires to provide actionable tailored services that unlock growth for businesses. This approach has helped the company to cater to almost all the industry verticals including infrastructure, fin-tech, consumer goods, telecommunication, internal security, and renewable energy. LIO Consulting has also created an impressive clientele that includes companies like Three Sister Organics, Artimen, Laidback Holidays, and Park Smart to name a few. Aiming to stay ahead of the curve, LIO Consulting has been working extensively on Big Data, AI, Machine Learning, block-chain and many more. “At LIO we believe that learning never stops, so every Friday all the employees have lunch together where we discuss new ideas, technologies, concepts and try to incorporate them in our work.”, notes, Sidhant.
“Gearing up for a brighter future, team LIO Consulting is planning to work more with companies that are driving change and bringing meaningful impact not just in India but globally”
Gearing up for a brighter future, team LIO Consulting is planning to work more with companies that are driving change and bringing meaningful impact not just in India but globally. Identifying the growth potential of the sectors, the company is also planning to expand its reach in the fin-tech and electrical vehicles domain.