VISHNU ERA 11
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4<br />
LEADER SPEAK<br />
Mr Ganesh Subramanian,<br />
Founder and CEO, Stylumia<br />
A QUARTERLY NEWS PUBLICATION FROM SRI <strong>VISHNU</strong> EDUCATIONAL SOCIETY<br />
Mr. Ganesh Subramanian is the Founder & CEO of Stylumia Intelligence Technology Private Limited. The company's mission is to enable<br />
fashion and lifestyle Brands, Retailers and Producers all over the world, provide customer-right products at the right time, at the right<br />
place and at the right price, using deep technology. He has over 20 years of rich and diverse experience in the retail and fashion industry<br />
where he created many powerful private brands and established a wide selection of brand partnerships. He worked as Chief<br />
Merchandising Officer, Chief Operating Officer and as Head (New Initiatives) between April, 2015 and October, 2015 before starting his<br />
own company Stylumia in October, 2015. He served as the Vice President of Softlines (Fashion, Footwear and Accessories) business of<br />
the Bharti - Walmart joint venture where he helped establish and reposition fashion in the hypermarket business. He has earlier played a<br />
key role in the making of Reliance Trends as its Asst. Vice President - Apparel and was also instrumental in the launch of super premium<br />
brand Tommy Hilfiger (an Arvind Brands joint venture) in India during his tenure as their Head of Operations.<br />
Could you please tell us about your journey from a student at<br />
Institute of Supply Management, USA to Founder & CEO,<br />
Stylumia?<br />
Early part of my career, after college, was about having a good<br />
brand name behind me and a good company, so I joined Coats<br />
India as management trainee. My First job was fiber to thread,<br />
second was thread to fabric (Manifattura di valle Brembana, an<br />
Indo-Italian joint venture) to establish a European quality<br />
fabric from India serving international brands like Hugo Boss,<br />
PVH etc. Then I started to design my career going closer to<br />
consumer. I loved serving consumers. Then I moved from hard<br />
core textiles to branded apparel business through Indus<br />
League, Arvind and Tommy Hilfiger. My first move into retail<br />
was with Reliance Trends. Seeing the challenges in Indian<br />
retail scaling, Walmart came as a huge opportunity, which<br />
helped me learn scaling any business. While thinking of<br />
starting something on my own in e-commerce , when it was<br />
just picking up in 2012, I met the founder of Myntra, we saw a<br />
connect and I joined Myntra. Last four years have been a great<br />
learning period at supersonic speed particularly being part of<br />
Myntra scaling from 20 million USD run rate to 500 million USD<br />
run rate when I left.<br />
Experience at Myntra gave me an insight on how technology<br />
helps scale business and solve real life problems. Having been<br />
in fashion business for a long period, I never thought<br />
technology could be used to drive key decisions. With<br />
developments in deep learning, computer vision and Artificial<br />
Intelligence, I wanted to contribute to key decision making in<br />
fashion business. That's how Stylumia was born.<br />
What made you choose fashion and marketing after doing a<br />
Bachelor's course in Technology?<br />
My passion to serve consumers and I always saw a great<br />
opportunity, learning and growth there.<br />
What is Disruptive innovation? Kindly let us know the<br />
disruptive innovation in Fashion Industry and especially @<br />
Myntra ?<br />
Disruptive innovation is about breaking the rules of the game or<br />
create new rules and create an all new opportunity. When I<br />
joined Myntra, people used to ask me “who would buy fashion<br />
online?, fashion is a touch and feel business, books are fine, but<br />
not fashion”. With sheer focus, consumer centricity and<br />
innovation, Myntra today is one of the leading fashion retailers<br />
in the country with even International brands launching first<br />
through Myntra.<br />
Throw some light on AI-led fashion intelligence platform<br />
initiated by your Stylumia Intelligence Technology Pvt Ltd ?<br />
Fashion business is one of the most challenging businesses to<br />
operate. Long lead times and short product life cycles<br />
compound the complexity of the business. Many decisions are<br />
made for the future and the current with minimal available data<br />
and a fair amount of judgement.<br />
Having worked in the trenches for many years in the industry,<br />
we started out by asking this question: can machines jump in<br />
here with more reliable, data-driven and actionable<br />
suggestions to help design professionals and consumers alike,<br />
in real-time?<br />
The answer to this is what we are chasing at Stylumia. We are<br />
applying the advances in AI and computer vision to model,<br />
analyse and derive actionable intelligence from the<br />
unstructured data sources. The intelligence of our models<br />
would be derived from data sources like images, user behavior<br />
data, textual descriptions on social media or implicit signals to<br />
be mined from the retail sites: by using machine learning<br />
approaches.<br />
Having chosen this direction, we are out to enable the fashion<br />
and lifestyle professionals across the globe in making laser<br />
edge informed decisions for current course corrections and<br />
future directions.<br />
Where do you see Stylumia in the next five years?<br />
We see Stylumia becoming the go to solution provider for every<br />
fashion professional in the world. We would have moved from<br />
reactive to in-line, to predictive. If I may say so “Bloomberg of<br />
Fashion”.<br />
One of the key characteristic of your marvelous career is<br />
leadership. What traits must a leader possess in the 21st<br />
century organizations?<br />
Leader is one, who learns constantly. He believes in people and<br />
creates leaders and he himself goes to the background.<br />
Communication is a very important trait. Humility helps him to<br />
be a learner always.<br />
During graduation, a lot of students aspire to be<br />
entrepreneurs. What qualities according to you are must for<br />
a good entrepreneur?<br />
Ambition, Passion and necessary Skills for what one wants to<br />
do. You are your ambition!<br />
In the present day scenario, Innovation is the key to success<br />
for any company. What's your take on this?<br />
Keep asking why? 3,5,7 times till you get stuck. Innovation<br />
follows.<br />
What do you think of the popular opinion that hard work isn't<br />
enough to rise up the ranks?<br />
Hard work with smartness takes you forward faster. You are as<br />
smart as your knowledge and application.<br />
What advice do you give for students aspiring to be future<br />
trailblazers in Fashion Industry and other related fields?<br />
Keep learning every day, every day is day one. Read a lot!<br />
You must have faced many challenges in your professional<br />
life. What was the toughest one? How could you overcome?<br />
I always moved to jobs which I was not aware of (not<br />
experienced in). I call this as “zero knowledge advantage”. This<br />
is a challenge too. The way I managed it is to approach any role<br />
from first principles. I always asked “what is the best in the<br />
world?” and “what could be next?”<br />
We've seen a video in YouTube which was titled "Ganesh<br />
Subramanian farewell video @ Myntra” where people<br />
describe you as a colleague more than a boss. How do you<br />
manage to bring the best out in each individual?<br />
Respect everyone, treat your colleagues as friends and support<br />
them in times of need. Challenge them enough for them to<br />
learn. Help them become better persons.<br />
Do you think Indian fashion has influence over the Western<br />
world?<br />
Yes, many luxury brands of the world take inspiration from<br />
India.<br />
Where you draw your inspiration from?<br />
I am fan of Nature. Most of my inspiration comes from reading.<br />
What is your Philosophy of life? Any Favorite quotes?<br />
Life is finite. What is the biggest size of problem that you want<br />
to take in this finite life and solve? There is no past, no future,<br />
there is only this moment. Be alive, take action, you will keep<br />
moving forward. Take risks, not taking them would be the<br />
biggest risk.