Cross Posted from the Entrevista blog . Interview with Raj Nair, Founder-Chairman of Avalon Consulting , the Mumbai-headquartered, international consulting firm and also research and analytics firm Ugam Solutions and artificial intelligence software firm . Interview begins with how Ugam Solutions' founding & funding - especially how the company "pivoted" to completely new business in 50 days flat! The interviewer is fellow entrepreneur Chandu Nair . Chandu earlier founded, successfully raised venture capital for and exited from Scope eKnowledge, one of the earliest KPO firms in India. The Audio (podcast) version can be downloaded from here Highlights: Striking balance between Flexibility & Measurement in the Early Years: In the initial years of starting up, it’s important to have the flexibility to course correct and not put pressure on the business with a rigid business model, ambitious target, etc. “There is (however) a difference between cha...