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The mobME Story :: mobME Wireless Solutions (P) Ltd

Date post: 07-Dec-2014
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The exciting story of how a bunch of Engineering students from a sleepy town in God's own Country, founded a Mobile Technology Startup, which in 2 years won the Innovation Award from NASSCOM for the most innovative startup in India.
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The mobME Story Rules are made to be broken!
Transcript
Page 1: The mobME Story :: mobME Wireless Solutions (P) Ltd

The mobME Story

Rules are made to be broken!

Page 2: The mobME Story :: mobME Wireless Solutions (P) Ltd

The spark!

• Bunch of B.Tech Students in Trivandrum

• 4th sem, different branches, but equally bored!

• The urge to do something different

• Looking out for an opportunity

Page 3: The mobME Story :: mobME Wireless Solutions (P) Ltd

What we had in us?

• Some small bit of money

• Enormous amount of guts

• At least one person who is really good at >>

– Ideation

– Implementation

– Crunching numbers

– Selling

• A great team is most critical to a start-up

Page 4: The mobME Story :: mobME Wireless Solutions (P) Ltd

Starting-Up

• Aug 2005, 5th Semester in College

• Registered a partnership firm, TORQUE

• Got tech guys on board

• Incubated in Technopark, Trivandrum

• Areas of business– Content aggregation

– Bulk SMS retailing

– Out-dialer server in BPL

Page 5: The mobME Story :: mobME Wireless Solutions (P) Ltd

Growing Up

• We wanted to form a Pvt Ltd company

• We wanted to hire more coders

• We wanted to try making more products

• We wanted to do business with BIG firms

• We wanted to have an office in Cochin

• In short, we wanted a LOT OF MONEY!

Page 6: The mobME Story :: mobME Wireless Solutions (P) Ltd

Funding

• Angels are best for a start-up

• Raised 0.25 M USD in Q3 2006

• mobME Wireless Solutions (P) Ltd

• Did all the stuff on the previous slide

• Raised another 0.25 M USD in Q1 2007

• But this time, at 10X valuation!

• Doing all that while still in college, is FUN!

Page 7: The mobME Story :: mobME Wireless Solutions (P) Ltd

Mentors

• George Brody, CEO, Globerangers (USA)

• RC Dutt, Incubation Specialist, Technopark

• Anil Thricovil, CEO, Alamy Images

• Murali Gopalan, Senior VP, UST Global

• Nandakumar, CEO, Suntec

• Ashish Thomas, VP, Singtel

• Mammootty, Actor

• Kris Gopalakrishnan, CEO, Infosys

• Shekhar Kirani, Senior VP, Verisign

Page 8: The mobME Story :: mobME Wireless Solutions (P) Ltd

Products

Open Source based Value Added Network Solutions for Mobile Operators

A mobile media sharing platform enabling free content distribution using the combined power of SMS, MMS, GPRS & Internet

One of India’s most popular Web2.0 Mobile Alerting tools

2-way Bluetooth Hotspots at 100s of locations across India

Page 9: The mobME Story :: mobME Wireless Solutions (P) Ltd

Clients

Page 10: The mobME Story :: mobME Wireless Solutions (P) Ltd

Today

• 30 employees

• 2 offices in Cochin

• Offices in Mumbai & Gurgaon

• Presence in Chennai

• Partnered with all leading Indian Mobile Operators

• Operational Break-even & Q-Q double digit growth

Page 11: The mobME Story :: mobME Wireless Solutions (P) Ltd

Awards & Recognitions

• Invited by then President, Dr APJ Abdul Kalam

• NASSCOM 100 IT Innovators 2007

• Finalist @ Lockheed Martin India Innovation Growth Program

• WSJ Live Mint - 10 Start-ups to watch-out for 2008

• ISBA Entrepreneurship Award 2008

• NASSCOM Innovation Award 2008

Page 12: The mobME Story :: mobME Wireless Solutions (P) Ltd

Core @ mobME

Sanjay Vijayakumar, CEO Sony Joy, COO Vivek Steve Francis, CFO

Page 13: The mobME Story :: mobME Wireless Solutions (P) Ltd

Contact me

• Email: [email protected]

• Mobshare: www.mobshare.in/user/sony

• Twitter: www.twitter.com/sonyjoy

• LinkedIn: www.linkedin.com/in/sonyjoy

• Website: www.mobme.in

• Mobile: +91-99999-0-7669


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