Bhumika Vagrecha: Winner of the 2025 Great Companies International Women Entrepreneur Award

Name: Bhumika Vagrecha

Business Name: FinMind Corporation & Evoltec Solutions

Location: FinMind - Delaware, USA and Evoltec Solutions: Manama, Bahrain , Bahrain

Establishment (Year): 2021(FinMind)  and 2023 (Evoltec Solutions)

Category:  Technology-Led Business Solutions

Website: www.FinMind.ai and www.evoltecsolutions.com

Company Detail:

FinMind provides Automated Corporate Credit Risk Analysis for both public and private entities globally, in the simplest, fastest & most objective way. It’s proprietary and innovative algorithms have a unique ability to provide early warning signals of credit weakening as well as lead indicator of credit upgrades at least 12 months in advance in the form of an automated credit insights report, financial projections and shadow rating, and serves as an important tool for effective credit risk management and informed decision making.

Evoltec Solutions is a leading provider of innovative technology solutions, committed to empowering businesses to achieve their digital transformation goals. It’s flagship product- Comprehensive Real Estate ERP Suite is the ultimate solution that sets the standard for excellence in the real estate industry.

The powerful platform streamlines operations and enhances efficiency across all aspects of real estate management.

Built with cutting-edge technology & an intuitive UI/UX, it offers unparalleled usability & access to essential tools anytime, anywhere.

Unique Selling Proposition or Competitive Advantage:

FinMind- Fast turnaround time led by automation provides a first mover advantage at earnings release and acts as an effective early warning signal, saves about 30-40% of your analysis time. Further, the low-cost offering results in substantial cost saving for its users and provides global coverage for both public and private entities whether small, medium or large.

Evoltec Real Estate ERP is a scalable, secure, and high-performance solution designed by industry experts. Its seamless integration and advanced UI/UX enhance productivity, while cloud accessibility ensures flexibility. Tailored for real estate operations, it meets industry-specific needs with precision.

Challenges Faced During the Journey:

As the founder of FinMind and Evoltec Solutions, Bhumika Vagrecha faced numerous challenges, from securing initial funding to navigating rapid technological changes and intense market competition. Building trust with clients, assembling a strong team, and ensuring continuous innovation were key hurdles.

However, resilience, a clear vision, and a commitment to delivering value-driven tech solutions helped her overcome these obstacles and establish a strong foothold in the industry.

Advice for Women Entrepreneurs:

Her advice to young women entrepreneurs is to believe in their vision and never let self-doubt hold them back. The business world may be challenging, but resilience, continuous learning, and adaptability will set them apart. Surrounding oneself with mentors, taking calculated risks, and embracing failure as a stepping stone to success are key. Most importantly, owning the journey with confidence is vital.