Biography of Ronak Kumar Samantray: Founder and CEO of TakeMe2Space & NowFloats
Biography of Ronak K. Samantray: A Journey from Microsoft to Entrepreneurship
Early Aspirations and Education
Ronak Kumar Samantray's journey began in Cuttack, where he
was a student at Chinmay Vidyalaya, Bokaro. From a young age, he was fascinated
by computers and technology. This passion led him to pursue a degree in
Computer Science at the College of Engineering and Technology in Bhubaneswar.
Even in his early years, he was not just a student but also an innovator; he
started the first robotics club in Odisha, Zairza, which continues to operate
at his alma mater.
Initial Success at Microsoft
After graduating, Ronak landed a role at Microsoft as a
Senior Software Design Engineer. He spent three productive years at Microsoft,
working on various projects including a speech glove that translated finger
gestures into speech. During his tenure, Ronak received multiple promotions and
accolades, including the Gold Star Award. Despite this success, he felt a
growing desire to forge his own path.
The Leap into Entrepreneurship
In 2011, Ronak made a bold decision to leave his promising
career at Microsoft. He had no concrete plan but was driven by the urge to
start something new. He spent the following months reflecting on his interests
and exploring potential business ideas. This period of uncertainty eventually
led him to co-found NowFloats, a startup designed to help small local businesses
establish an online presence.
The Birth of NowFloats
In September 2012, NowFloats secured its first paying
customer. The company’s mission was clear: to assist local shopkeepers in
managing their online marketing and advertising needs. Ronak and his team
developed a system where shopkeepers could simply send an SMS to update their
offers, which NowFloats would then use to attract more customers. The ease of
use and effectiveness of the service contributed to its rapid growth.
Biography of Ronak Kumar Samantray: Founder and CEO of TakeMe2Space & NowFloats/Entrepreneur/Investor/TakeMe2Space/story of Ronak K. Samantray/age/
Early Challenges and Incubation
Starting a new business was not without its challenges.
Ronak faced numerous obstacles, including the daunting task of securing funding
and navigating the startup ecosystem. However, his efforts paid off when
NowFloats became the first company to be incubated by Microsoft Ventures in
India in 2012. This endorsement provided significant visibility and opened doors
for the fledgling company.
Balancing Professional and Personal Life
Despite his demanding professional life, Ronak managed to
maintain a balance between work and personal pursuits. He is known for his
dedication to his startup and his willingness to support his employees'
entrepreneurial ambitions. Several successful startups have emerged from his
office, reflecting his commitment to fostering innovation.
Overcoming Transition Difficulties
Transitioning from a stable job at Microsoft to running a
startup was not easy. Ronak found himself at ground zero, with no clear idea of
his next steps. Despite the uncertainty, he remained confident and persistent.
His prior experience and network helped him navigate the early stages of
NowFloats, and he quickly began engaging with investors and developing the
business model.
Developing NowFloats
NowFloats focuses on creating and managing websites for
local shopkeepers, helping them gain visibility in a competitive market. The
platform is designed to be user-friendly, allowing shopkeepers to create a
website in just minutes by sending a few messages. This innovative approach
simplifies online marketing for small businesses and helps them compete with
larger brands.
The Role of Incubators and Investors
Ronak emphasizes the critical role that incubators,
investors, and accelerators play in the startup ecosystem. Incubators provide
valuable branding and support, while investors offer the necessary funding to
scale the business. Ronak’s experience at Microsoft and his subsequent
interactions with investors underscored the importance of confidence and perseverance
in securing support for a startup.
Advice for Aspiring Entrepreneurs
Ronak offers practical advice to aspiring entrepreneurs. He
stresses the importance of focusing on solving problems and launching a minimum
viable product quickly. He advises new entrepreneurs to test their ideas in the
market promptly and use feedback to guide their next steps.
Achievements and Recognition
Ronak’s entrepreneurial efforts have not gone unnoticed. He
was recognized in Forbes 30 under 30 Asia for his contributions to enterprise
technology. This accolade reflects his innovative approach and the impact of
NowFloats in transforming how local businesses approach online marketing.
Looking Ahead
Ronak's current venture, TakeMe2Space, aims to revolutionize
space exploration by making it more accessible through AI-driven space
infrastructure. The project reflects his continued commitment to pushing the
boundaries of technology and expanding the possibilities for everyday
interactions with space.
Final Thoughts
Reflecting on his journey, Ronak remains grateful for the
opportunities and experiences that have shaped his career. From his early days
in Bhubaneswar to his groundbreaking work in space technology, his story is one
of perseverance, innovation, and the relentless pursuit of new frontiers.
A timeline for Ronak Kumar Samantray:
1990s: Attended Chinmay Vidyalaya, Bokaro; studied Computer
Science at College of Engineering and Technology, Bhubaneswar.
Early 2000s: Founded Zairza robotics club in Odisha.
2008-2011: Worked at Microsoft as Senior Software Design
Engineer, received Gold Star Award.
2011: Left Microsoft to explore entrepreneurship.
September 2012: Co-founded NowFloats; secured first paying
customer.
2012: NowFloats became first company incubated by Microsoft
Ventures in India.
2013-2015: Focused on developing NowFloats’ platform for
local businesses.
2015: Recognized in Forbes 30 Under 30 Asia.
2024: Launched TakeMe2Space, focusing on AI-driven space
infrastructure.