Pune Inc: How investing in himself turned Manipur fisherfolk’s son into a business leader

Today, Mayengbam is the founder, chairman and managing director of 3C IT Solutions and Telecoms India Ltd, which is working in the digitalisation space, and launched its IPO last year.

The long journey to prosperity

As Mayengbam’s relative studied in Pune, he came to the city to attend college and studied business management at Pune University. He initially worked for a laptop company, but wanted to open a business. Except, he had no money. “The only way to start without investment was to work in sales…buying laptops, desktops and other IT equipment and selling them,” he says.

The first business began from his flat. “Many times, my business went down. I sold my flat to pay salaries and loans. But I was a firm believer that I would buy another flat. Again, the business rose and again it fell. It was then that I learnt the lesson that holds me good today—I had to invest in myself,” he says.

Mayengbam started learning, building skill sets and acquiring knowledge. He invested in training with the money he had. His laptop business added service to its existing sales portfolio. “It was in one room of a 2BHK at NIBM. My wife and I lived in one room, and the other one was my workplace. I had no staff and did everything by myself,” he says.

The company’s name, 3C, stands for “Contribution, Care, and Client Growth”. Launched in 2012, the company’s stated mission is not just digital transformation but also to make customers “grow stronger, safer, and better prepared for the future”.

“We focus on enhancing customer business outcomes, ensuring strong security and resilience and delivering technology that creates real, measurable value. Our success is defined by our clients’ success,” says Mayengbam.

The ethos paid off. This year, the company reported a profit of Rs 14.08 lakh for the half-year ending September 30. Within 18 months, Mayengbam not only bought a penthouse in the same complex where his previous flat was, but also purchased a bungalow. “We took our company public in 2024. The public has trust in us…we have expanded our business…many OEMs and government organisations are working with us,” he says.

Giving back with a centre of excellence

On October 10, 2025, as Pune was gearing up for Diwali, a group of entrepreneurs came together to cut the red ribbon at Maharashtra’s first AMD Centre of Excellence (CoE). The centre is a much-needed platform that brings researchers, students, innovators and anybody with a good idea under one roof to find like-minded professionals for collaboration. The centre, which does not charge participants, is a brainchild of AMD India Pvt Ltd, the Indian subsidiary of a global semiconductor giant, and Mayengbam’s 3C IT Solutions & Telecoms (India) Limited.

Only an entrepreneur who has risen from the ground, bitten the dust, and bounced back could have recognised this gap in the Indian industry. “You want to file an application, but kahan karna hai, kaise karna hai, maloom hi nahin hai (where to do it, how…this you don’t know). There are students with a lot of knowledge and no experience; there are industries that want to buy something but do not know if it will work. The CoE is a platform where industry people, researchers, students and startup leaders, among others, can come and explore the world of possibilities,” says Mayengbam.

He hopes that the CoE will encourage the building and exploration of AI-driven technologies using advanced computing platforms, servers, workstations, and devices. “Our goal is to bring industry and academia together, create real use cases, and accelerate innovation,” he says.

The missing Northeast industry magnate

The Northeast has always had exceptional talent—from sports champions to scientists, academics, IAS officers, soldiers, and entrepreneurs. What seems to be missing is a major entrepreneur.

“The challenge is not capability, it is access to opportunities and infrastructure. To unlock the region’s potential, we need stronger seed funding and business incubation, improved infrastructure — roads, telecom, logistics, industrial and export hubs, Skill and technology development centres and market linkage to the rest of India and the world,” says Mayengbam.

He adds that the northeast has the potential to become a major hub for organic agriculture and food processing, horticulture and floriculture, fisheries and livestock, IT and digital services, tourism and health wellness industries, sports education, and sports science, with focused support and execution on the ground. “The northeast can emerge as a strong economic and cultural contributor to India’s growth story,” says Mayengbam.

He is already working on creating a sustainable economic growth and entrepreneurship model in the region by strengthening IT and digital infrastructure services, among others. “We have already started building a collaborative platform, Hingminashi Eikhoigi, focused on unity, capability-building and cooperative growth. Thousands of farmers are already part of this movement, and we aim to expand further with government support,” says Mayengbam.

“The next phase is to combine technology, community, and entrepreneurship to create self-sustaining ecosystems that uplift families, generate jobs, and accelerate regional development. This is not just business, it is a mission to build growth, dignity, and opportunity for our people,” he adds.