Black Pepper is a spice, whose value was seen around the world for a very long time as a precious spice. It is aggressive but very balanced and contained, like us, we would like to call it balanced aggression. In olden days connoisseurs across the globe travelled to India in search of this spice and to have a trade relationship with the provinces with Black Pepper, similarly we want to be the Technology Black Pepper which will be the sought after centre of innovation, stated Harikrishnan Puravankara, Founder & CEO, BlackPepper Technologies
Story Behind the Name of Company
“BlackPepper logo is an upward pointing hexagon, inspired by the unique benzene ring structure. The six carbon atoms and their interconnecting bonds are replaced by people with arms extended to each other, representing the strength of partnership and the creation of powerful ecosystems.” Basavaraj, EVP Strategy & Marketing continued, “The logo is drawn using the three primary colors – red, green and blue – to symbolize the infinitely varied canvases that can be painted when the customer, BlackPepper and the spirit of innovation work in harmony.” Also you can notice that the world picture in the middle reflects India in the centre spot. BlackPepper Technologies will continue to drive innovation and design that would transform the end user experience.
BlackPepper has been building technology assets that will enable end to end silicon design, this is being possible from its in-house patentable process “EYWA”, an unique technology framework that allows optimization of human and compute resources enabling complex designs to predictably converge to closure. The company’s objective is to transform the end user experience from its design capacities. The eventual aspiration is to see the logo in the hardware designed by BlackPepper with inscription “Designed by BlackPepper”, concluded Basavaraj with a strong sense of pride.
Unconventional Journey of BlackPepper
As a core strategy, BlackPepper took unconventional decisions to ensure that they do not comprise on their company’s purpose. For example, they limited the equity dilution in the early stage so that it does not hamper the decisions or directions for the company. If they had diluted the equity early, the investors could have pushed hard on exit or directional changes. This decision was hard to implement, whether in terms of raising capital from banks, balancing aggressive growth, acquisitions for inorganic growth, but still the company took calculative steps and reached at the current stage. It was certainly a big surprise, but not so for the management, since it was clearly aligned and planned. The strategy for the company is to build a billion dollar valuation company that will be listed on the Indian stock exchange by 2021. The brand will continue to build value for their customers and indirectly the end users, which will be transformational.
An Erudite Leader who Discerns the Value of its Team
The company is driven by every single Pepperite (everyone at the company is called such), even though the initial vision came from Harikrishnan Puravankara, Founder & CEO, Black Pepper Technologies Private Limited, Bangalore, India, but realization of the dream was made possible by each one of them. Infact the company celebrated 5th anniversary (of business operation) recently and the Pepperites part of the initial journey who are still the core team were around to celebrate the success. For BlackPepper, every Pepperite comes first, and for every Pepperite, the customer comes first. The company believe in the philosophy of collective entrepreneurship and encourage every single Pepperite to think freely, innovate tirelessly, question fearlessly and be deeply involved in every facet of the BlackPepper success story.
Hari is a passionate entrepreneur with very strong technology and business acumen. He did his engineering degree from Cochin University, while in college he won national award under the best engineering project category as well as a “Best Designer” award at an All-India IEEE design contest. He started his career with Wipro Technologies and later moved to Magma Design Automation driving their Asia Pacific business roadmap.
Hari founded Black Pepper Technologies in 2010 with a vision to build end to end silicon and system design house. He was solely instrumental in growing the organization with limited angel capital and currently the company is operational in India, Singapore and USA. The company plans to be listed by 2021 with a billion dollar valuation.
Hari has been honored with “The 30 Young and Dynamic Entrepreneurs in 2017” by InsightSuccess Magazine. He also has won an award from ELCINA, India for “Entrepreneurial Excellence Award 2017”. He has worked with government teams to build the ESDM polices and anchored various initiatives for building the semiconductor ecosystem in India.
Pepperites are BlackPepper’s Greatest Strength
Pepperites are the the biggest strength of BlackPepper and they play siginicant role in growing it organically day by day. Each Pepperite own a certain percentage equity in the company shouldering huge responsibility to carry forward the belief system and vision of the company. A first time, BlackPepper offered undiluted percentage equity ownership in the company for all its employees recently.
Vision of BlackPepper
To create an organisation that is fundamentally rooted in hardware and recognized as the gold standard in product realization.
To democratize innovation by harnessing ideas from the unlikeliest of sources and transforming them into commercially viable products.