Start-Ups to Watch
This weeks edition of Business-today listed start-ups to watch .In this article they listed following then companies.
24X7 LEARNING SOLUTIONSVirtual University
NAME OF COMPANY: 24x7 Learning Solutions
YEAR OF FOUNDING: 2001
FOUNDERS: Karthik K.S. & Anil Chikkara
AREA OF OPERATION: E-learning
FUNDING: KITVEN and Anil Garg; to raise $10 million over two years
REVENUE: $3 million
SIZE OF TARGET MARKET: Globally $28 billion; In India, Rs 350 crore
KEY COMPETITORS: IBM, Sum Total, Gurukul Online, NIIT, Aptech and Blue Apple
NAME OF COMPANY: Adventity
YEAR OF FOUNDING: July 2003; Commenced operations in January 2004
FOUNDERS: Kumar Subramanian, Ulhas Deshpande, Niket Patankar, Jagdish Iyer and Vivek Arora
AREA OF OPERATION: BPO/ KPO
FUNDING: Undisclosed 'steel and plastics' group in India ($10.5 million), Norwest Venture Partners ($20 million)REVENUE: Roughly $25 million
SIZE OF TARGET MARKET: $17 billion (just the KPO bit)
KEY COMPETITORS: Amba Research and B2K Corporation
NAME OF COMPANY: Drishtee Development & Communication Limited
YEAR OF FOUNDING: 2000
FOUNDERS: Satyan Mishra, Nitin Gachhayat and Shailesh Thakur
AREA OF OPERATION: Provides ICT (information, communication & technology) services to rural India
FUNDING: Acumen holds a 25 per cent stake for which they paid $1 millionREVENUE: Rs 3.87 crore for 2005-06
SIZE OF TARGET MARKET: Currently caters to 300,000 customers. Target market is whole of rural India, which is 650 million people
KEY COMPETITORS: ITC's e-choupal
NAME OF COMPANY: Guruji.com
YEAR OF FOUNDING: 2006
FOUNDERS: Anurag Dod and Gaurav Mishra
AREA OF OPERATION: SearchFUNDING: $7 million, Sequoia
REVENUE: N.A.
SIZE OF TARGET MARKET: $20 million*
KEY COMPETITORS: 123India.com, Justdial.com, Khoj.com*Current search market for search queries originating from India
NAME OF COMPANY: JiGrahak
YEAR OF FOUNDING: 2003
FOUNDER: Sourabh Jain
AREA OF OPERATION: M-commerce
FUNDING: $ 2.2 million, Hellion Ventures
REVENUE: N.A.
SIZE OF TARGET MARKET: N.A.
KEY COMPETITORS: Paymate, mChek
NAME OF COMPANY: Asia Cryo-Cell
YEAR OF FOUNDING: June 2004
FOUNDER: S. Abhaya Kumar
AREA OF OPERATION: Private Banking of cord blood; research and therapy applications using cord blood
FUNDING: Rs 20 crore, largely by Abhaya Kumar; remainder from investors like P.S. Pai and other individuals
REVENUE: Rs 15 crore
SIZE OF TARGET MARKET: N.A.
KEY COMPETITORS: Reliance Life Sciences; Karnataka Cryogenic; Cord Life
NAME OF COMPANY: Nautanki.TV
YEAR OF FOUNDING: November 2006
FOUNDERS: Sunil Nair, Vikram Prabhu and Herumb Khot
AREA OF OPERATION: Online TV channel
FUNDING: Rs 1.5 crore from founders and two investment bankers in their personal capacity
REVENUE: Advertising revenue approximately Rs 12 crore by March 2008 ( first full-year operation)
SIZE OF TARGET MARKET: Internet advertising market in India to be Rs 750 crore by 2009-10 (source: PwC)
KEY COMPETITORS: None yet
NAME OF COMPANY: Onyomo
YEAR OF FOUNDING: January 2006
FOUNDER: Shailesh Mehta
AREA OF OPERATION: Person to Application (P2A) segment of mobile value-added services, including SMS sent by end users for contests and for seeking other information
FUNDING: Shailesh Mehta and IIT Delhi (in talks with VC and PE investors for large funding) REVENUE: Won't reveal before the commercial launch
SIZE OF TARGET MARKET: Rs 428 crore for 2006 (source: IAMAI)
KEY COMPETITORS: Ziva Software, Bangalore
NAME OF COMPANY: Seventymm
YEAR OF FOUNDING: 2005-commercial operations started in March 2006
FOUNDER: Raghav Kher
AREA OF OPERATION: Organised movie rental-part of the home video segment
FUNDING: Initial funding from Draper Fisher Jurvetson ($2 million) and second round led by Matrix Partners India ($7 million)
REVENUE: N.A.
SIZE OF TARGET MARKET: Home video market Rs 2,100 crore by 2009-10 (Ficci-PwC 2006 report)
KEY COMPETITORS: Mad House and Clickflix
NAME OF COMPANY: UFO MoviezY
EAR OF FOUNDING: 2005
FOUNDERS: Raaja Kanwar and Sanjay Gaikwad
AREA OF OPERATION: Digital cinema
FUNDING: Initial funding of Rs 100 crore from Apollo Group and second round of Rs 100 crore from private equity firm 3i
REVENUE: First full-year operations 2007-08-Rs 100 crore
SIZE OF TARGET MARKET: Rs 10,000 crore by 2009-10
KEY COMPETITORS: Only player in the market
There are some surprises. There are some unknown or lesser known names while some better known start-up like Makemytrip, TravelGuru,Zoho etc are missing.
I
24X7 LEARNING SOLUTIONSVirtual University
NAME OF COMPANY: 24x7 Learning Solutions
YEAR OF FOUNDING: 2001
FOUNDERS: Karthik K.S. & Anil Chikkara
AREA OF OPERATION: E-learning
FUNDING: KITVEN and Anil Garg; to raise $10 million over two years
REVENUE: $3 million
SIZE OF TARGET MARKET: Globally $28 billion; In India, Rs 350 crore
KEY COMPETITORS: IBM, Sum Total, Gurukul Online, NIIT, Aptech and Blue Apple
NAME OF COMPANY: Adventity
YEAR OF FOUNDING: July 2003; Commenced operations in January 2004
FOUNDERS: Kumar Subramanian, Ulhas Deshpande, Niket Patankar, Jagdish Iyer and Vivek Arora
AREA OF OPERATION: BPO/ KPO
FUNDING: Undisclosed 'steel and plastics' group in India ($10.5 million), Norwest Venture Partners ($20 million)REVENUE: Roughly $25 million
SIZE OF TARGET MARKET: $17 billion (just the KPO bit)
KEY COMPETITORS: Amba Research and B2K Corporation
NAME OF COMPANY: Drishtee Development & Communication Limited
YEAR OF FOUNDING: 2000
FOUNDERS: Satyan Mishra, Nitin Gachhayat and Shailesh Thakur
AREA OF OPERATION: Provides ICT (information, communication & technology) services to rural India
FUNDING: Acumen holds a 25 per cent stake for which they paid $1 millionREVENUE: Rs 3.87 crore for 2005-06
SIZE OF TARGET MARKET: Currently caters to 300,000 customers. Target market is whole of rural India, which is 650 million people
KEY COMPETITORS: ITC's e-choupal
NAME OF COMPANY: Guruji.com
YEAR OF FOUNDING: 2006
FOUNDERS: Anurag Dod and Gaurav Mishra
AREA OF OPERATION: SearchFUNDING: $7 million, Sequoia
REVENUE: N.A.
SIZE OF TARGET MARKET: $20 million*
KEY COMPETITORS: 123India.com, Justdial.com, Khoj.com*Current search market for search queries originating from India
NAME OF COMPANY: JiGrahak
YEAR OF FOUNDING: 2003
FOUNDER: Sourabh Jain
AREA OF OPERATION: M-commerce
FUNDING: $ 2.2 million, Hellion Ventures
REVENUE: N.A.
SIZE OF TARGET MARKET: N.A.
KEY COMPETITORS: Paymate, mChek
NAME OF COMPANY: Asia Cryo-Cell
YEAR OF FOUNDING: June 2004
FOUNDER: S. Abhaya Kumar
AREA OF OPERATION: Private Banking of cord blood; research and therapy applications using cord blood
FUNDING: Rs 20 crore, largely by Abhaya Kumar; remainder from investors like P.S. Pai and other individuals
REVENUE: Rs 15 crore
SIZE OF TARGET MARKET: N.A.
KEY COMPETITORS: Reliance Life Sciences; Karnataka Cryogenic; Cord Life
NAME OF COMPANY: Nautanki.TV
YEAR OF FOUNDING: November 2006
FOUNDERS: Sunil Nair, Vikram Prabhu and Herumb Khot
AREA OF OPERATION: Online TV channel
FUNDING: Rs 1.5 crore from founders and two investment bankers in their personal capacity
REVENUE: Advertising revenue approximately Rs 12 crore by March 2008 ( first full-year operation)
SIZE OF TARGET MARKET: Internet advertising market in India to be Rs 750 crore by 2009-10 (source: PwC)
KEY COMPETITORS: None yet
NAME OF COMPANY: Onyomo
YEAR OF FOUNDING: January 2006
FOUNDER: Shailesh Mehta
AREA OF OPERATION: Person to Application (P2A) segment of mobile value-added services, including SMS sent by end users for contests and for seeking other information
FUNDING: Shailesh Mehta and IIT Delhi (in talks with VC and PE investors for large funding) REVENUE: Won't reveal before the commercial launch
SIZE OF TARGET MARKET: Rs 428 crore for 2006 (source: IAMAI)
KEY COMPETITORS: Ziva Software, Bangalore
NAME OF COMPANY: Seventymm
YEAR OF FOUNDING: 2005-commercial operations started in March 2006
FOUNDER: Raghav Kher
AREA OF OPERATION: Organised movie rental-part of the home video segment
FUNDING: Initial funding from Draper Fisher Jurvetson ($2 million) and second round led by Matrix Partners India ($7 million)
REVENUE: N.A.
SIZE OF TARGET MARKET: Home video market Rs 2,100 crore by 2009-10 (Ficci-PwC 2006 report)
KEY COMPETITORS: Mad House and Clickflix
NAME OF COMPANY: UFO MoviezY
EAR OF FOUNDING: 2005
FOUNDERS: Raaja Kanwar and Sanjay Gaikwad
AREA OF OPERATION: Digital cinema
FUNDING: Initial funding of Rs 100 crore from Apollo Group and second round of Rs 100 crore from private equity firm 3i
REVENUE: First full-year operations 2007-08-Rs 100 crore
SIZE OF TARGET MARKET: Rs 10,000 crore by 2009-10
KEY COMPETITORS: Only player in the market
There are some surprises. There are some unknown or lesser known names while some better known start-up like Makemytrip, TravelGuru,Zoho etc are missing.
I
Labels: start-ups
posted by Curious MInd at
3:35 AM
2 Comments:
This nautanki.tv is so STUPID~~~i hav an inside scoop on this this firm~~~the story is my friend runs a internet consulting firm and he recruited a girl for nautanki.tv...apparently the girl was pregnant
and the guys of nautanki.tv knew that she was pregnant. Till 3 months they made the girl work~~~every thing was going perfectly fine...but when it came to pay my friend
(who actually recruited her) they said that we are firing that girl since she is very inefficient(when she actually wasnt). They didnt pay my friend a single penny. Such a thing is totally unacceptable.
So the owners of nautanki.tv if you cant pay your bills better close down the company ~~~and bloggers better stick too GOOGLE ADSENSE~~~this company wont pay you a single penny.
@kaustubh
these new start ups... one of my friend had a similar experience. better stay away from them
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