Hemant Sood: A man who is making a difference for the needy

Hemant Sood, Managing Director of Findoc and president of Samvedna Trust, has indelibly impacted the lives of underprivileged people. With his unwavering commitment to social welfare, he has worked tirelessly towards improving the lives of those in need. He also believes in giving back to society and has been involved in a host of CSR activities and has been serving as a trustee of an NGO called ‘Samvedna Trust’ from 2014 to 2019 and as a president from 2019 onwards. In an interview with Bizz Buzz, Hemant Sood recounts his entrepreneurial and philanthropic journey

What are your achievements as a philanthropist?

I am the Managing Director of FinDoc Investment Private Limited, a first-generation entrepreneur, an angel investor, and a philanthropist based out of Ludhiana.

I started my philanthropic journey in 2014 when I joined Samvedna as a trustee. With my unwavering commitment to social welfare, I have worked tirelessly towards improving the lives of those in need.

Tell us more about Samvedna Trust and your contributions.

Samvedna Trust was founded by three friends in 2009 to serve humanity. The late Shri Ravinder Arora, the trust's past president, and his team performed admirable services. Samvedna Trust (Regd.) took a head start in October 2009. This NGO, which is primarily run by a charity, is working round the clock for the poor and the needy.

The trust has a total number of eleven Ambulances, three Shav Vahans, and four mortuary body freezers.

We started by providing free of cost ambulance services to needy patients to provide them with SOS medical services and ensuring that they reach the nearest hospitals in time. The Covid-19 pandemic made us realize that the government and the administration also require support during those unprecedented times, so we provided medical staff to the administration along with providing PPE kits, masks, and other necessary equipment. We also organized vaccination camps with the support of the administration and were able to provide Covid vaccination to 1,00,000 people. We also sponsor the education of 146 underprivileged students in various schools across the country.

Please tell me something about you and your activities.

I am a simple and ambitious visionary who has always dared to dream big. Also, I am a first-generation entrepreneur and angel investor based out of Ludhiana, Punjab. Having established multiple ventures across industries, I am more than just a businessman.

Also I am a member, of the Board of Governors, IIT Mandi, and a Regular Member of YPO. Stock trading is my passion, and I intend to develop Algo Trading as a platform for young professionals and people having entrepreneurial skills to simplify and automate their trading journey and help them embark on a journey of wealth optimization.

My success mantra revolves around the old belief, “A satisfied customer is the best source of advertisement.” That’s the approach Findoc Group follows! I specialize and have expertise in customer relationship management, team building, capital markets, management, and leadership.

My bigger purpose and passion is to serve the startup ecosystem by helping and supporting upcoming young entrepreneurs by proving them the right tools and platform so that they can scale new heights and make a name for themselves. My strength lies in people management and organization building, and I am a visionary with a high-risk appetite. I have built all my business with generosity and kindness as core values. As an ardent reader and traveler I like exploring the world to gain experience in my field and also like to watch movies in my pastime.

How is your philanthropic journey a true inspiration to the audience?

I have made a lasting impact on the lives of underprivileged people in the community. Through my charitable trust, Samvedna, I have provided essential services and support to those in need. My philanthropic journey has inspired many, and my contributions will continue to make a difference in the lives of those in need. Findoc Group aims to sponsor the education of up to 365 children in 2023.

If you had one piece of advice to someone just starting out, what would it be? Your success tips for young and aspiring entrepreneurs?

Be humble and learn. When it comes to qualities such as confidence, it can be easy to put on a front and come across as a strong entrepreneurial character. However, knowledge is something that you need to know for sure. Good entrepreneurs have inquiring minds and never stop learning or asking questions.

What are your plans for the next five years?

I want to provide state-of-the-art services and platforms which can be customized as per needs of the user that will help them manage their wealth better. In the next three to four years, we plan to get listed. Findoc looks ahead to expand its services in the South Indian cities like Hyderabad, Bengaluru, and Chennai. Along with local presence, we also have ambitions to go global and many initiatives have already started around the same. The dream is to see Findoc as one of the top 10 places for customers to create their wealth.