CHENNAI, DEC 29
Niranjan Ovhal, has recently won a top global entrepreneur award in The Netherlands (https://summit2022.youthbusiness.org/awards/) for making quality simulated racing/PC gaming equipment affordable for many in developing countries. His award, given at The Hague, is an international honour for India and a global recognition for Bharatiya Yuva Shakti Trust (BYST), a socio-economic initiative that mentors budding grassroots entrepreneurs like him from vulnerable backgrounds.
Ovhal, 25, from Pune, who owns Simforge Engineering, India’s first and only sim racing gear manufacturer, exports his products to 43 countries. He won the Youth Business International Global Young Entrepreneur of the Year 2022 Award in the COVID Resilience category.
Moment of pride!
BYST, FMT, Lakshmi V Venkatesan received the prestigious Entrepreneur of the Year Covid Resilience Category Award on behalf of our young Grampreneur® Niranjan Ovhal, Founder of SimForge Engineering at the @YouthBizInt Global Youth Entrepreneurship Summit. pic.twitter.com/gkXWfDUcjy
— Bharatiya Yuva Shakti Trust (@FollowBYST) October 19, 2022
- Overcomes supply chain issues during the COVID lockdowns to make quality video gaming equipment affordable to customers in 43 countries
- I’d like to express my gratitude to YBI for recognizing grassroots entrepreneurs on their credible platform and giving them much needed motivation: Lakshmi Venkataraman Venkatesan, Founding and Managing Trustee, BYST
- Ovhal’s mission is to start manufacturing the entire Sim Racing ecosystem, and he plans to set up offices in North America, South America, Europe, and Asia
“BYST is proud to have mentored and supported Niranjan Ovhal. By manufacturing and selling global standard sim racing gear at affordable price points, he has created new sim racing communities across 43 countries. Ovhal turned the pandemic and all the challenges it brought with it, into growth opportunities. Helping entrepreneurs build risk-proof and sustainable businesses has always been our goal. I’d like to express my gratitude to YBI for recognizing grassroots entrepreneurs on their credible platform and giving them much needed motivation.” Lakshmi Venkataraman Venkatesan, Founding and Managing Trustee, BYST, said while she accepted the honour on behalf of Ovhal.
Ovhal’s Simforge Engineering, a start-up based out of Pune, has now been put on the global map and emerged as an international brand, making India proud, true to its vision of self-reliance.
“Under the guidance of BYST mentors, I was able to successfully navigate many practical problems that threatened my business continuity. During the pandemic, more people were stuck at home wanting to play video games, but many quality auto racing games were unaffordable. This inspired me to build an India solution affordable to many,” Ovhal said in a statement.
Ovhal’s mission is to start manufacturing the entire Sim Racing ecosystem, and he plans to set up offices in North America, South America, Europe, and Asia. His vision is to see a sim racing setup in every home in India. He hopes to see more international motorsport drivers emerge from developing countries.
In 30 years, BYST has supported nearly 12,000 entrepreneurs who have generated Rs 5,000 crores wealth and helped create over 3,50,000 jobs.
For more details, please visit www.byst.org.in
