Prema Group has been founded by a team of young entrepreneurs from IIM Calcutta and M.C.A from S.N.D.T University, Mumbai. Prema Group derives its operating guidelines from the following.
Ø Ethics.
Ø Adherence to process.
Ø Daily reporting and review.
Ø Sustenance in meeting goals
Ø Treating employees and customers like family members.
Today the group has been progressing with the support of all its stakeholders. It is exhibiting consistent growth year after year in terms of both revenue and profitability.
Prema Group consists of the following business units. As part of the group’s corporate social responsibility, it is also running a charitable school.
Ø Prema Ford – An automotive Ford car dealership which has been rated as the best dealership in customer satisfaction.
Ø Prema Honda – An automotive 2 wheeler dealership rated as one of the best dealerships in Eastern India.
Ø Prema Public School– A charitable initiative of the group where more than 300 under –privileged children are studying at a nominal fee.
Profile of Promoters
Ribhu Kumar and Vartika Pansari
Ribhu is an MBA from IIM Calcutta (2001-2003 batch) and Economics Honors from Hansraj College, D.U. He was an Assistant Professor in Finance in Chandragupta Institute of Management (CIMP) from 2010 to 2013. He also worked as visiting faculty for financial modeling and business valuation for IIPM, Delhi. In the past, he has been a part of visiting faculty for Financial accounting and Corporate finance for CFA program, U.S.A.
Ribhu has corporate experience of more than 7 years with Ernst and Young in the realm of valuation and business modeling. He has varied experience in valuation for regulatory, internal management analysis and for balance sheet reporting purposes.
Ribhu started his own venture the in the automobile field with a 2 wheeler Honda dealership in 2010 and expanded into 4 wheelers with setting up of a Ford automotive dealership in 2015.
Vartika Pansari earlier worked in GE Aircraft Engines, Bangalore and Brickwork consultancy as Project Manager for about 2 years. She is currently the Director of Prema Motors Pvt Ltd. (Prema Ford). She is overseeing the accounts and general management of the Company.