Dr. Gauravv Mittal is a visionary leader and multifaceted professional, celebrated for his remarkable achievements across entrepreneurship, investment, IT innovation, and philanthropy. Widely known as ‘The Monk’ within business circles for his philosophy of “high thinking and simple living,” Dr. Mittal exemplifies a harmonious blend of strategic acumen and grounded wisdom.
An Electrical Engineer with an MBA in Finance and International Marketing, he is a Certified Project Management Professional (PMP) and holds honorary doctorates in Ayurveda, Astrology, and Vaastu Sciences. Dr. Mittal’s illustrious career spans over two and a half decades, during which he has served in pivotal roles such as Chief Technology Officer and Program Manager. In 2007, his foresight led to the establishment of ITCONS e-Solutions Limited, a company that has since thrived under his stewardship, even earning a place on the Bombay Stock Exchange and delivering an extraordinary 1400% return to investors within 18 months.
Admired as the “Monk with Midas Touch” and “The Monk Who Turned Big Bull,” Dr. Mittal is also an author, penning the acclaimed book ‘A Monk with a Merc’. He is a serial entrepreneur whose other initiatives include establishing MahhaGuru NavGrah Private Limited in 2018, a company specializing in Ayurvedic products initially which is now getting into Green Energy, specifically Solar and Servicing of EV’s.
In 2015, he founded the Mahakal Maharaj Bikaner Sewa Mandir Charitable Trust, where he serves as Chairperson and Managing Trustee. Under this trust, he launched “DiViNiTi,” a chain of pre-primary schools aimed at nurturing children with a foundation rooted in spirituality and Vedic culture from an early age. Beyond business, he is a committed philanthropist, supporting initiatives like orphanages, Gaushalas, and old-age homes through the Mahakal Maharaj Bikaner Sewa Mandir Trust. With unwavering dedication, Dr. Mittal continues to inspire, innovate, and create meaningful impact in both corporate and social spheres.
Reflections on Initial Struggles and Persistence
Dr Gauravv Mittal’s journey into entrepreneurship is a testament to unwavering determination and resilience, especially given his non-business family background. Two decades ago, he made the bold decision to leave behind a high-profile, lucrative career in IT—a choice that many close to him, including friends and family, found difficult to support. Faced with skepticism and discouragement, Dr Mittal relied on his inner conviction to navigate a path fraught with uncertainties.
He recalls the daunting early days of transitioning from a secure, salaried job to the unpredictable world of entrepreneurship. Navigating unfamiliar challenges such as managing cash flows, compliance, and retention funds was no easy feat. However, he embraced these obstacles with a sense of purpose, viewing each step as an essential part of building his vision. He doesn’t shy away from accepting that his spiritual bent of mind helped a lot in giving him the required strength to continue despite all the hardships.
Reflecting on these formative experiences, Dr. Mittal describes the struggles as profoundly challenging yet immensely rewarding. “The baby was mine,” he shares, expressing the deep sense of ownership and fulfilment derived from nurturing his own enterprise. These challenges not only tested his perseverance but also brought out his best qualities, enabling him to turn dreams into reality and cultivate a winning team. He believes “When the going gets tough, the tough get going”.
The Genesis and Evolution of ITCONS E-Solutions Ltd.
Dr. Gauravv Mittal, an accomplished professional with exceptional academic and industry credentials, began his illustrious career serving in leadership roles at renowned multinational IT organizations. During his tenure as a technology head, he encountered persistent challenges in technical hiring, ranging from resume management to objectively assessing candidate competencies and maintaining compliance. These obstacles sparked his entrepreneurial spirit and motivated him to envision an organization that would revolutionize the hiring process through innovative software solutions.
In 2013, ITCONS E-Solutions Ltd was formally incorporated, guided by Dr. Mittal’s vision and charismatic leadership. He assembled a team of highly skilled IT professionals to develop pioneering software solutions addressing every stage of the hiring cycle, from resume screening to final selection. However, the unpredictable nature of financial pressures, such as cash flow challenges, and the rapid evolution of technology drove him to diversify ITCONS into staffing and permanent recruitment services. This expansion enabled the company to cater to the entire spectrum of white- and blue-collar staffing needs.
Founded in 2007 and headquartered in Noida, ITCONS quickly rose to prominence in the staffing and recruitment sector. Offering comprehensive HR services—including IT staffing, general staffing, recruitment process outsourcing, payroll management, and more—the company built a reputation for delivering tailored solutions that meet the unique demands of its clients. By emphasizing technological integration and maintaining a client-first approach, ITCONS established a robust presence across both public and private sectors.
ITCONS’ Unique Value Proposition
What sets ITCONS apart is its commitment to delivering bespoke HR solutions. The company steers clear of generic, one-size-fits-all methods, instead taking the time to understand the distinct challenges and goals of each client. With technology-driven innovation at its core, this personalized approach has earned ITCONS the loyalty of its clients and positioned it as a trusted partner in a competitive market.
A Diverse and Dynamic Target Market
ITCONS e-Solutions serves a diverse clientele across multiple industries, showcasing its versatility and broad reach. The industries include IT, Education, Retail, Logistics, Defense, Banking & Finance, Engineering and Construction, Healthcare, Telecom, Government, and F&B/Hospitality. ITCONS e-Solutions caters to both large multinational corporations and small and medium-sized enterprises, tailoring solutions to meet the unique needs of each sector.
With a proven track record of consistently delivering high-quality services, ITCONS has built long-term relationships and earned a reputation as a reliable HR solutions provider. Its team’s specialization is in both permanent recruitment and white- to blue-collar staffing services.
ITCONS takes pride in collaborating with a roster of esteemed clients. Among them are prominent names like Wipro, HCL Tech, TVS Electronics, LTI Mindtree, Agile Tech, Karvy, E-Comm Express, Swiggy, ZYPP, Max Life, HDB Financial Services, Paytm, PhonePe, Reliance, Adani, National Institute of Biologicals, CWC, Clean Ganga Project, FCI, and the Indian Army.
A Technologically Driven Approach
In an era defined by digital transformation, ITCONS has embraced cutting-edge technologies like artificial intelligence (AI) and machine learning to optimize its service offerings. These advancements enable the company to refine its recruitment processes, improve candidate matching accuracy, and enhance overall operational efficiency. ITCONS has solidified its position as an industry leader in technological innovation, fostering an environment of continuous learning and growth for its employees.
The Visionary Leadership
Under Dr. Gauravv Mittal’s strategic direction, ITCONS has emerged as a niche leader in IT staffing services. A true technocrat, Dr. Mittal has transitioned from a seasoned IT professional to a celebrated stock market expert, often referred to as a “wizard.”
Dr Gauravv Mittal considers Jack Welch as his idol for entrepreneurial endeavours and Ratan Tata as his idol for hands-on knowledge and being a down-to-earth humble personality.
In addition to steering ITCONS, Dr Mittal oversees MahhaGuru NavGrah Private Limited, another successful venture on a rapid growth trajectory. Looking ahead, he envisions ITCONS making significant contributions to the Green Energy sector. Solar energy and electric vehicle servicing are two key areas identified as future priorities for diversification, underscoring his commitment to sustainable innovation.
Green Energy Initiatives
Dr. Gauravv Mittal’s forward-thinking vision has driven his foray into the burgeoning Green Energy sector, a field poised for remarkable growth in the coming decades. Known as the ‘Go Green Monk,’ Dr Mittal is actively exploring key opportunities in areas such as solar power generation, solar panel manufacturing, Solar EPC (Engineering, Procurement, and Construction) contracts, and electric vehicle (EV) servicing. Several strategic agreements have already been finalized, and plans for acquiring select companies are well underway.
This ambitious venture will be led by Adit Mittal, a dynamic and enterprising young leader who has been deeply involved in ITCONS operations from an early age. Adit has played a pivotal role in identifying Green Energy as the company’s next major area of focus. His natural curiosity and innovative mindset—manifested in his ability to question conventions with a “Why & Why Not” approach—have consistently sparked transformative ideas. In challenging times, Adit’s out-of-the-box thinking and ingenuity have helped the company navigate hurdles, while in others, his visionary thinking has paved the way for groundbreaking innovations.
Under Adit’s leadership and Dr Mittal’s strategic guidance, these new Green Energy initiatives reflect a commitment to both innovation and sustainability. Together, they aim to position the organization as a significant contributor to the global transition toward renewable energy and eco-friendly technologies.
Cultivating Innovation and Success Through Visionary Leadership
Dr. Gauravv Mittal firmly believes that the core value system of an organization serves as the cornerstone of its success. His humility and empathetic leadership style have earned him the title of ‘Monk,’ a recognition that reflects the trust and respect he commands among stakeholders. Dr. Mittal’s approach to leadership emphasizes treating employees as co-promoters, fostering a sense of shared ownership and accountability. Additionally, his unwavering commitment to timely and consistent delivery remains a fundamental principle for achieving organizational excellence.
A strong advocate of perseverance, Dr. Mittal emphasizes the importance of patience and resilience for entrepreneurial success. This philosophy is exemplified by the evolution of ITCONS E-Solutions Ltd., which began as a software solution for recruitment and HR and subsequently diversified into IT staffing, government verticals, and general staffing.
Dr Gauravv Mittal defines, ‘Leadership as the ability to sell one’s vision and make others execute.’
Embracing Agility and Adaptability for Organizational Growth
In a dynamic business environment characterized by intense competition and uncertainty, Dr. Mittal underscores the necessity of agility and adaptability. He advocates for organizational structures that facilitate seamless scaling-up and scaling-down, ensuring flexibility without operational burden. This principle has driven the growth of human resource outsourcing, a sector increasingly valued for its ability to address ever-evolving compliance requirements.
To remain competitive, Dr. Mittal champions the need for organizations to be proactive, responsive, and client-focused. By becoming value-added HR partners and adapting swiftly to client needs, businesses can thrive in an unpredictable landscape. Through his visionary leadership and innovative strategies, Dr. Gauravv Mittal continues to shape ITCONS as a trailblazer in fostering a dynamic and successful work culture.
Penning his Experience
Dr. Gauravv Mittal’s book, A Monk with a Merc, encapsulates his journey as an entrepreneur and a leader, while beautifully exploring the harmony between spirituality and materialistic success. The title itself symbolizes the balance Dr. Mittal has achieved in his life—integrating profound spiritual principles with the fast-paced demands of the corporate world.
In the book, Dr. Mittal recounts how he navigated the challenges of the business landscape while remaining deeply anchored to his core values. His narrative is not just a reflection of his professional achievements but also a testament to his personal growth and the lessons he has learned. He emphasizes that true success extends beyond financial milestones—it is about living a life imbued with meaning and purpose.
Dr. Mittal shares his experiences of fostering a culture of empathy, ethical decision-making, and employee well-being at ITCONS, the organization he leads. His leadership philosophy is rooted in the belief that businesses have the power to create a positive impact, transcending the singular goal of profit-making.
A key theme of ‘A Monk with a Merc’ is Dr Mittal’s advocacy for mindfulness and meditation. These practices have been instrumental in shaping his leadership approach, helping him stay grounded and make thoughtful decisions. He credits these habits with enabling him to balance the pressures of the corporate world with inner peace and spiritual fulfilment.
The book is much more than a business memoir; it serves as an inspirational guide for anyone striving to lead a balanced and purposeful life. Dr Mittal’s journey demonstrates that material success and spiritual fulfilment are not opposing forces but complementary facets of a well-rounded life. His story is a source of inspiration for aspiring entrepreneurs and leaders seeking to create their own paths to success while staying true to their values.
Grounded in Values: The Foundation of Balance
Dr. Gauravv Mittal, often referred to as “The Versatile Monk,” exemplifies the art of balancing a thriving professional career with a richly fulfilling personal life. As a successful entrepreneur, he has honed time management to perfection. This mastery allows him to juggle multiple responsibilities: steering a growing business, guiding fellow entrepreneurs, aiding the underprivileged, and engaging actively in Pre- and Day-Care Schools as part of his philanthropic pursuits.
Despite his remarkable achievements across various domains, Dr Mittal remains deeply rooted in his intrinsic values and the teachings of his upbringing. He firmly believes that true happiness and fulfilment come from maintaining a delicate balance between personal, professional, and family life. For Dr. Mittal, this equilibrium is not just a philosophy but a way of life.
Dr. Mittal emphasizes that leading a well-rounded life extends far beyond work and family obligations. He advocates for allocating time to personal growth—be it through learning new skills, deepening spiritual practices, fostering meaningful relationships, or indulging in hobbies. This comprehensive approach, he asserts, is essential for living a life enriched with purpose and meaning.
Employee Satisfaction: The Cornerstone of Success
Dr. Gauravv Mittal emphasizes that employee satisfaction is essential to the success of ITCONS e-Solutions Limited. He believes that fostering a positive work environment is the key to creating a high-performing and engaged team. To achieve this, he prioritizes open communication, ensuring employees feel heard and valued.
Recognition and rewards are central to ITCONS’s culture, reflecting the organization’s commitment to appreciating its employees’ contributions. Dr. Mittal also champions work-life balance, understanding that a supportive and fulfilling workplace extends beyond professional boundaries.
For him, employee satisfaction goes beyond individual contentment – it drives organizational excellence. Dr. Mittal strongly believes that motivated and supported employees are the foundation of a thriving, successful company.
Sharing His Wisdom with Leaders and Visionaries
Dr. Gauravv Mittal draws immense inspiration from trailblazing leaders – visionary entrepreneurs, industry pioneers, and philanthropic figures – who exemplify dedication, innovation, and a commitment to making a positive impact. These qualities have deeply influenced his own leadership and business philosophy. He often shares his firm belief that ‘Your Network is your Net worth’.
To rising leaders who look up to him, Dr. Mittal offers timeless advice:
- Embrace lifelong learning and innovation.
- Foster collaboration and build strong, cohesive teams.
- Use your success to give back and support meaningful causes.
- Strive to maintain balance in all aspects of life.
He firmly believes that these principles are the cornerstones of enduring success and the means to leave a lasting impact on the world. Dr. Mittal emphasizes that leadership in the modern entrepreneurial landscape demands a delicate balance of vision, resilience, adaptability, and empathy. Leaders must possess the foresight to navigate complexities while inspiring others to achieve shared goals.
As a leader, Dr. Mittal champions a culture rooted in trust, collaboration, and open communication. He is passionate about empowering his team to reach their full potential by fostering a positive work environment. He also prioritizes continuous learning and skill development, ensuring his team remains ahead in a rapidly evolving industry.
Dr. Mittal believes that true leadership extends beyond achieving financial milestones. He underscores the importance of giving back to society and contributing to social causes, thus paving the way for a brighter future for all.
To those considering abandoning their dreams due to stereotypes, Dr. Mittal’s message is one of encouragement and persistence. He believes stereotypes are limiting constructs that should not define an individual’s potential. History, as he reminds us, is shaped by those who dared to defy the norm. By pursuing their passion and staying persistent, leaders can carve their own unique paths to success and inspire others to do the same.
Staying Ahead with Agility
Staying ahead in a fast-evolving market requires a foundation built on innovation, vigilance, and continuous learning principles, that Dr. Mittal firmly believes in. ITCONS has embraced an agile organizational structure that fosters a culture of self-learning and knowledge sharing. Leveraging technology effectively has been instrumental in accelerating its processes and maintaining its competitive edge.
To stay aligned with industry trends, market dynamics, and emerging technologies, the company actively participates in industry events with senior executives attending webinars, and engaging in discussions with thought leaders. This proactive approach keeps the company and its employees informed and adaptable. “Additionally, we encourage swift decision-making rather than waiting for an ideal solution. In my view, adopting a mindset where mistakes are seen as opportunities to learn and grow is crucial for achieving and sustaining a leadership position,” says Dr Mittal.
Research and Development (R&D) also plays a pivotal role in ITCONS’s growth. By investing in R&D, Dr. Mittal drives innovation, improves the company’s services, and enhances its operational efficiency. This not only helps ITCONS remain competitive in the rapidly growing staffing and recruitment industry but also allows it to deliver exceptional value to its clients. “For us, R&D is not just a strategy—it’s a commitment to evolving and excelling in a dynamic market,” he says.
Pioneering a Sustainable Future
Dr Gauravv Mittal is enthusiastic about the ambitious plans shaping the future of ITCONS e-Solutions. Under his leadership, the company is set to expand into the Green Energy sector, with initiatives focusing on Solar Power Generation, Solar Panel Manufacturing, and Electric Vehicle servicing. This bold move not only reflects the company’s commitment to contributing to a sustainable future but also positions it to meet the growing demand for renewable energy solutions.
Additionally, Dr. Mittal is pursuing avenues for inorganic growth through strategic acquisitions. He is dedicated to investing in cutting-edge technology to elevate ITCONS’s service offerings and enhance operational efficiency. By integrating artificial intelligence and machine learning, the company streamlined recruitment processes and delivered more customized solutions to clients. With a forward-looking strategy centred on innovation, new sectors, and strategic partnerships, ITCONS continues to solidify its status as a leader in the staffing and recruitment industry.
Remarkable Milestones and Achievements
Under Dr Mittal’s visionary leadership, ITCONS e-Solutions has achieved significant milestones that highlight its growth and success. A defining moment in the company’s journey was the successful launch of its IPO in March 2023, which heralded a new era of expansion. In just 18 months, ITCONS delivered an exceptional return of over 1400% to its investors, a testament to its robust performance and immense growth potential.
The company has also cemented its reputation as a prominent player in the staffing and recruitment industry, renowned for its expertise and outstanding service delivery. ITCONS serves a wide array of clients across more than ten industry verticals, catering to roles ranging from blue-collar to white-collar levels. Its rapid growth, fueled by diversification and operational expansion, has firmly established ITCONS as a frontrunner in the industry.
Vision and Strategic Direction for the Future
Dr Gauravv Mittal shares his enthusiasm for ITCONS e-Solutions’ ambitious roadmap, which is designed to scale new heights and break fresh ground across industries. Under his visionary leadership, ITCONS is focusing on both organic and inorganic growth strategies to expand its reach and capabilities.
Expanding Services and Entering New Markets
ITCONS is actively pursuing the acquisition of strategically aligned companies to accelerate growth. This inorganic approach will complement its organic expansion into new markets while enhancing its existing service offerings. Simultaneously, the company is dedicated to attracting and retaining top talent, earning it recognition as an “employer of choice.” This focus on nurturing and polishing talent ensures a strong and motivated workforce.
Venturing into the Green Energy Sector
One of the most exciting initiatives on the horizon is ITCONS’ planned entry into the green energy sector. Dr Mittal envisions significant investments in solar energy, including solar power generation, solar panel manufacturing, and electric vehicle servicing. These initiatives align perfectly with ITCONS’ commitment to sustainability and position the company to capitalize on the growing demand for renewable energy solutions.
Strengthening Existing Markets and IPO Consultancy
ITCONS is also focused on solidifying its presence in current markets by continuously delivering innovative and high-quality HR solutions tailored to the evolving needs of clients. Beyond staffing, the company operates Indian Events Partner (IEP), a consultancy specializing in IPO readiness. Through IEP, ITCONS provides expert guidance, helping organizations navigate the complexities of going public seamlessly and efficiently.
Technology-Driven Innovation
Dr. Mittal is committed to leveraging advanced technologies like artificial intelligence and machine learning to enhance operational efficiency and optimize recruitment processes. These technological advancements will enable ITCONS to deliver more customized and effective solutions to its clients.
Strategic Vision and Leadership
ITCONS has adopted a comprehensive strategy, emphasizing new verticals, increased geographic reach, and continuous process improvement. With regular knowledge-sharing sessions led by internal and external subject matter experts, the team cultivates a common vocabulary and synchronized execution plans, ensuring efficiency and alignment with organizational goals.
Future-Focused Leadership
Dr. Mittal’s leadership ensures that performance-linked incentives and strategic initiatives keep the team motivated and aligned with the company’s vision. His sharp eye for opportunity continues to steer ITCONS into new avenues, including potential acquisitions in complementary sectors like staffing or security. Under his guidance, ITCONS is poised to achieve exponential growth, benefiting both employees and investors.
“ITCONS e-Solutions stands on the threshold of an exciting future—driven by innovation, sustainability, and strategic growth. With plans to diversify into green energy, explore cutting-edge technology, and build strong partnerships, ITCONS continues its mission to remain a leader in the staffing and recruitment industry,” concludes Dr Mittal.
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