How he defeated low grades in IIT and bombed dares to construct a Rs 120 crore turnover organization

Mitul Bid was brought into the world by Indian guardians in Kenya and came to India at the age of 19 in 2000 to seek after his B. Tech in IIT Bombay, where he confronted challenges in adapting to the schedule however he was a clincher at his school in Kenya. His battle began in those years when he retaliated to work on his grades at IIT, then worked in various IT organizations for around 10 years - during which period he had likewise given a few organizations a shot the side absent a lot of progress - prior to beginning Coditas, a product organization, with Rs 1 lakh in 2014.


Mitul Bid was born to Indian parents in Kenya and came to India at age 19 in 2000 to pursue his B.Tech in IIT Bombay, where he faced difficulties in coping with the syllabus, though he was a topper at his school in Kenya. His struggle started in those years when he fought back to improve his grades at IIT, then worked in different IT companies for about 10 years - during which period he had also tried some businesses on the side without much success – before starting Coditas, a software company, with Rs 1 lakh in 2014

In the last seven years, the company has worked with around 150 clients. “We are a ‘people first company, where employees are well respected,” says Mitul. “Amazingly, we did very well, and we even doubled the size of the team in the last year from 250 employees (in March 2020) to 600 now.” From its inception, Mitul has laid emphasis on clean codes while developing its software, which he claims is the USP of Coditas.

“Most Indian companies don’t focus on clean code, which can be easily read by others and is easier to maintain. “At Coditas, we develop software with clean code. Mitul, 40, was born and brought up in Kenya. His mother Ila Bid was born in Kenya and worked as a teacher. Mitul finished his senior high school in Kenya and came to India for his higher studies.

The other option was to go to the US, but it would have been more expensive,” explains Mitul, on how he zeroed in on IIT Bombay. But it took him some time to adjust to life in India, after joining IIT Bombay and staying in the hostel. There was a vast difference between the education systems in Kenya and India, and he was at a disadvantage when compared to students who had done their schooling in India. “I went from a topper of my state in Kenya to being the bottommost student, almost failing the first year.

It was a difficult year, though eventually, I cleared all the exams,” says Mitul, recalling those nightmarish months at IIT. In 2004, Mitul got his first job as a Business Analyst through campus placement at Synygy Inc. Enterprise Incentive Management for an annual package of Rs 2, 80,000. “I disliked computers, so I took up a job that didn’t require coding,” says Mitul. “But the company realized my potential and put me on a coding project, and I began to enjoy my work.”

After six months, he joined Talentica, a company founded by an IITian. From there, after eight months, he moved to Gemstone Systems, where he worked for the next four and a half years. He then joined Risesmart, where he worked for about a year, and then from there shifted to Omniscient. He worked at Omniscient for four years until his resignation from the company in October 2014 to start Coditas.

Between 2004 and 2014, while working in different software companies, he tried his hand in a couple of businesses, though without success. In fact, he started his first business when he was still a student at IIT. “During my years at IIT, I realized the potential for refurbished second-hand laptops in India. Later, he started a restaurant in Pune named Zaika, serving Gujarati thali, and ran the place with a partner for about two years.

In 2014, finally, Mitul started Coditas with Rs 1 lakh, but this time, unlike all his previous ventures, he was on it full-time. He resigned from Omniscient to set up the company, which has been profitable from the first month.


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