Knowlarity, a cloud telephony company, was founded in 2009 by Ambarish Gupta and Pallav Pandey. The two IIT-ians pooled in their experiences of working at global consulting firm McKinsey to launch the new venture. They decided to address the need for technology for India’s small and medium enterprises, creating a platform for voice application services hosted on the cloud or common servers. Knowlarity hosts a number of telephony products that are sold through a common direct and channels sales network. The company also plans to expand its sales force to reach a wider set of enterprise businesses across India. As the start-up has grown, it has received multiple rounds of investment.
Rohit Bansal to take a leap of faith in 2007. Bahl launched Snapdeal.com — now popularly called India’s answer to Groupon, the world’s biggest provider of daily online deals. The model is quite similar to how Groupon makes revenues (or losses at the last
count). Snapdeal.com charges about 35% upfront for any deal. . The rest has to be paid directly to the merchant on delivery of service or good. The employees job is to get discount deals from merchants.
their backs on corporate careers to launch a venture of their own. TravelTriangle, an online travel services company launched by Sankalp Agrawal and Sanchit Garg is clocking revenues in crores. Both first generation entrepreneurs who quit plush postings at Adobe and Yahoo in the middle of 2010, Agrawal and Garg took nearly a year to fine-tune their concept before launching
their venture. They started out in a garage in Noida with a business model that links customers with travel agents who offer the best deals. These are value-added deals customised to specific needs of the traveller. Each request by a customer goes to at least three travel agents with operations in the area that is the client’s destination. The agents compete among themselves to provide the best experience and price to the vacationer. Soon, they roped in a third friend from school, Prabhat Gupta, who graduated from IIT Guwahati the same year, as a core development member.