Founded in 2014 by MD Vanjani, Synergy Plus Business Consulting Group (SPBC Group) has evolved into a leading player in the realm of recruitment, HR solutions, and strategic management consulting. Today, the company stands tall as a beacon of success, serving an expanding client base, both in India and internationally. With a rich legacy of over 46 years in the business world, Vanjani’s journey is one of resilience, dedication, and an unwavering commitment to delivering top-tier services to clients across industries.
Early Life and the Catalyst for Entrepreneurship
MD Vanjani’s journey into entrepreneurship was neither sudden nor serendipitous. It was the result of years of preparation, a deep-seated desire to contribute to society, and an innate sense of leadership. Vanjani’s academic journey began at Shri Ram College of Commerce (SRCC), one of India’s premier institutions. There, he excelled academically, earning a B.Com (Hons.), and managed to balance his rigorous studies with active participation in extracurriculars like sports, arts, and public speaking. His time at SRCC was instrumental in shaping his determination and passion for excellence, something that would serve him well in his future career.
However, Vanjani’s success was not limited to academics. He completed his Chartered Accountancy and Company Secretary exams in record time, setting the stage for a long and successful career in business leadership. Over the years, he held prominent roles as a CEO in Singapore and the UK for over two decades, where he fine-tuned his strategic leadership skills. Despite the accolades and success, he felt a calling to give back to society. Thus, in 2014, at the age of 59, he ventured into entrepreneurship by founding SPBC Group.
The Birth of SPBC Group: A Vision for Change
SPBC Group was born out of Vanjani’s desire to bridge the gap between job seekers and employers. With his extensive experience in the corporate world, he noticed two significant challenges in the market. First, talented professionals, especially in senior leadership roles, were often unable to find opportunities that matched their skill sets. Second, companies struggled to find the right talent for the positions that needed to be filled. Vanjani realized that this gap could be bridged with a focused approach to recruitment and consulting.
From the very outset, the vision for SPBC Group was clear: to provide a holistic approach to recruitment, human resources solutions, and strategic management consulting. The company’s mission was not just to fill jobs but to help organizations grow by securing top-tier talent and offering strategic insights that could lead to sustained success. What set SPBC Group apart from the competition was its emphasis on values like integrity, personalized service, and building long-lasting relationships with clients.
The Early Days: From ₹25 Lakhs to Eight-Figure Turnover
Starting with a capital of ₹25 lakhs, Vanjani faced the challenges of competing in an industry dominated by the Big Four consulting firms. However, he saw this as an opportunity to differentiate his company. Rather than replicating the strategies of large firms, SPBC Group focused on providing personalized, cost-effective solutions to clients. The company quickly earned a reputation for its exceptional service and client-focused approach.
In just a few years, SPBC Group’s turnover grew from modest beginnings to a robust eight-figure revenue, a testament to the hard work, vision, and dedication of its founder and team. As the company expanded, Vanjani’s leadership and commitment to excellence became even more evident. By 2023, SPBC Group had moved into a 10,000 sq. ft. office in Dharuhera, Haryana, and launched a new business venture aimed at offering a comprehensive range of services to manufacturing units. The new venture has been experiencing tremendous success, especially with multinational corporations (MNCs) and large enterprises.
The Core Services: More Than Just Recruitment
One of the key reasons for SPBC Group’s success lies in its diverse range of services, all tailored to meet the evolving needs of businesses in India. Today, SPBC Group is not just a recruitment agency but a full-service consultancy offering the following:
- HR Solutions: Specializing in recruiting mid-to-senior-level professionals, including C-suite executives, SPBC Group helps businesses optimize their workforce potential. The company ensures that organizations secure the best leadership talent, allowing them to accelerate growth and achieve sustainable success.
- Strategic Management Consulting: SPBC Group helps businesses with market positioning, transformation strategies, and risk management. By leveraging the founder’s global experience, the company guides organizations toward growth and stability.
- Comprehensive Chartered Accountancy (CA) Services: The company offers expert services in financial structuring, taxation, forensic auditing, private equity, debt management, and regulatory compliance. These services help businesses navigate the complex financial landscape and maintain financial health.
By seamlessly integrating these services, SPBC Group acts as a strategic partner for businesses, helping them overcome challenges and achieve their long-term goals.
Impact on the Market and Society
While the company’s services have contributed to the success of numerous businesses, SPBC Group’s impact goes beyond financial growth. At its core, the company is deeply committed to contributing to society by solving some of the most pressing issues in the job market. By ensuring that job seekers are matched with the right roles, SPBC Group not only helps talented individuals find meaningful work but also promotes inclusive and diverse workplaces.
Under Vanjani’s leadership, SPBC Group has made it a point to foster a workplace that values talent over traditional biases. In fact, 80% of the team comprises women, a reflection of Vanjani’s commitment to diversity and inclusion. This focus on social impact is evident in the company’s work and is something that sets SPBC Group apart from other firms in the industry.
The Road Ahead: Expanding Horizons
Looking to the future, SPBC Group is poised for tremendous growth. Over the next decade, Vanjani aims for an annual expansion rate of 30% to 40%, leveraging the latest technologies and diversifying the company’s service offerings across industries such as infrastructure, manufacturing, banking, IT, hospitality, and education. India’s burgeoning economy and the increasing demand for skilled manpower present vast opportunities for SPBC Group.
The company’s growth strategy also includes embracing the AI revolution, with an eye on incorporating cutting-edge technology to enhance recruitment processes, streamline business operations, and offer data-driven insights to clients. As India moves towards becoming a “Viksit Bharat” by 2047, SPBC Group aims to play a pivotal role in driving economic progress by empowering businesses and individuals alike.
Lessons Learned and Overcoming Challenges
Like any entrepreneurial journey, Vanjani’s path has been filled with challenges. One of the most significant hurdles was competing with the industry giants. As a boutique firm, SPBC Group had to differentiate itself by offering highly personalized services that the larger firms could not. This strategy paid off, allowing the company to build strong, long-term relationships with clients.
Talent acquisition was another challenge. Finding leaders who were not just skilled but also aligned with the company’s values took time. However, by fostering a culture of professional development and continuous learning, SPBC Group has been able to retain top talent and create a motivated workforce that drives the company’s success.
Recognition and Awards
As SPBC Group continued to grow, so did its recognition within the industry. The company has received numerous accolades, including a feature in Passion Vista’s “Achievers of Asia and Africa 2024”, a prestigious award from Zee Network’s “India Success Magazine”, and the “Consultant of the Year 2023” award from Global Hues Magazine. Perhaps most notably, SPBC Group was recognized by Forbes India as one of the “Top Innovative Companies of the Year 2024”.
These awards are a testament to the company’s success and its commitment to excellence. However, Vanjani remains focused on the bigger picture—the lasting impact SPBC Group can have on India’s economic growth and the development of a highly skilled workforce.
Advice for Aspiring Entrepreneurs
Vanjani’s entrepreneurial journey has been marked by perseverance, adaptability, and continuous learning. His advice to aspiring entrepreneurs is simple yet profound:
- Believe in yourself, your country, and your almighty.
- Identify the good in others and follow it.
- Focus on your own growth and not on pointing out faults in others.
- Stay humble and learn from every experience.
- Compete with yourself; you should strive to be smarter and wiser each day.
- Age is not a limitation—lifelong learning is the key to success.
- Embrace new technologies and stay ahead of the curve.
A Legacy of Achievement
As SPBC Group continues to grow and evolve, Vanjani remains committed to creating a legacy of excellence, hard work, and social impact. His vision for the future is not only about business success but also about contributing to the development of a thriving, inclusive, and sustainable economy in India. Through SPBC Group, Vanjani hopes to inspire the next generation of entrepreneurs to work with integrity, dedication, and a sense of purpose, leaving behind a legacy that will endure for generations.
In conclusion, the story of Synergy Plus Business Consulting Group is one of triumph, resilience, and a relentless pursuit of excellence. Under the visionary leadership of MD Vanjani, SPBC Group has not only created a successful business but also made a significant impact on the job market, society, and the economy at large. As the company looks to the future, it is poised to achieve even greater heights, continuing to serve as a beacon of success and inspiration for aspiring entrepreneurs across India and beyond.
