This document summarizes the 10 year journey of Upside Learning Solutions Pvt. Ltd. from a small 6 person team in 2004 to growing to over 150 employees by 2008. Some key events included launching their first LMS product in 2006, experiencing strong revenue growth and receiving various awards. They continued expanding their product offerings, team, and global presence throughout the years.
2. APR ’04
THE
BEGINNING
Small team,
Big ambitions
6-person team operating
out of a shared office with
a common vision to
provide effective eLearning
Solutions.
3. APR ’04 –
MAR ’05
FIRST
YEAR
20 People,
$50,000 Revenue
Not a bad first year for a boot-
strapped startup.
4. APR ’05 –
MAR ’06
SECOND
YEAR
Revenue growth:130%
With good repeat business and
several new clients, a healthy
growth rate is achieved.
9. JUN ’07
UpsideLMS ON DEMAND
LAUNCHED
The hosted (SAAS) version of
UpsideLMS launched.
10. JUL ’07
OUR SPACIOUS
NEW OFFICE
• 14,000 sq.ft. area
• Seating capacity–300
• 2x 2Mbps Internet lines
• Power generation backup
11. JUL ’07
APEX GRAND AWARD ’07
WINNER
Upside Learning wins an Apex
Grand Award in Education &
Training sub–category, under the
Electronic & Video Publications
category.
12. NOV ’07
UpsideLMS FOR
COLLEGES
Implemented at MAEER’S
MIT (Pune), for its
School of Distance Education
and its College of Insurance.
13. DEC ’07
LIGHTHOUSE
INTRODUCED
A centralized web-based project
communication system, that helps Upside
Learning’s project managers and clients
coordinate effectively.
14. APR ’08
WHIZIBLE
ADDED TO ‘LIGHTHOUSE’
Whizible – A resource & project management system added to
lighthouse
15. JUN ’08
PROTSAHAN
INTRODUCED
Protsahan (n) (Hindi):
encouragement, motivation.
Our system records and rewards
A Performance and Reward flashes of excellence as well as
Management System for consistent good performance.
Upside Learning’s staff.
16. JUL ’08
APEX GRAND AWARD ’08
WINNER
Upside Learning wins two
Apex Grand Awards, in
Education & Training sub–
category, under the Electronic
& Video Publications category.
18. SEP ’08
UpsideLMS CROSSES
100,000 USER MARK
In a little over three years,
UpsideLMS has over 100,000
users who trust it
for their learning needs.
19. SEP ’08
TEAM FOR
INNOVATIONS
Innovations and New Projects team
set up to focus exclusively on
innovations and new developments
in technology.
20. DEC ’08
RED HERRING 100 ASIA AWARD
WINNER
Red Herring announces Upside Learning a winner of the Red
Herring 100 Asia Award, a selection of the 100 most
innovative private technology companies based in Asia.
21. DEC ’08
DELOITTE FAST50 INDIA 2008 PROGRAM
WINNER
Ranked 16th in the Deloitte Technology
Fast50 India-2008 list, Upside Learning
is India’s Fastest Growing Learning
Solutions Company.
It is also ranked 125th in the Deloitte
Technology Fast500 Asia Pacific list.
22. FEB ’09
UPSIDE LEARNING SOLUTIONS BLOG
LAUNCHED
Upside Learning launches its blog to
share knowledge and invite
discussion on trends and
innovations in the eLearning
domain.
http://www.upsidelearning.com/blog
23. APR ’09
LISTED AS ONE OF THE EMERGING LEADERS BY
TRAINING INDUSTRY INC.
Upside Learning is included in the
4th Annual List of ‘Emerging Leaders
in Training Outsourcing ’09 by
Training Industry Inc.
24. APR ’09
FIVE YEAR
CAGR : 108%
With consistent performance
and strong growth, Upside
Learning has been profitable for
the last 3 years.
25. JUL ’09
APEX GRAND AWARD ’09
WINNER
Upside Learning wins two Apex
Grand Awards, third time in a
row in Electronic & Video
Publications category and
Brochures, Manuals and
Reports category.
26. SEP ’09
UpsideLMS VERSION 4.0
RELEASED
UpsideLMS Version 4.0 is now
available in two editions –
Professional (for SMBs and Training
Companies) and Enterprise (for large
enterprises).
27. OCT ’09
UPSIDE LEARNING
GOES SOCIAL
Upside Learning creates its presence
on Facebook, Twitter, Linkedin, You
Tube and Slide Share.
28. NOV ’09
TIES UP WITH
SKILL-PILL
Upside Learning ties up
with Skill-Pill to bring world
class mobile learning
solutions to India.
29. DEC ’09
RED HERRING GLOBAL 100, 2009 PROGRAM
FINALIST
Red Herring shortlists Upside Learning for Red Herring
Global 100 Program, a selection of the 100 most
innovative private technology companies based in Asia.
30. DEC ’09
DELOITTE FAST500 ASIA PACIFIC 2009 PROGRAM
WINNER
Upside Learning is a winner of
the Deloitte Technology Fast500 Asia
Pacific 2009 Program, a ranking of the
top 500 fastest growing technology
companies in Asia Pacific.
31. DEC ’09
SPONSORS
CLO SUMMIT ‘09
Upside Learning sponsors the
inaugural CLO Summit, India
which addresses the
organizational learning &
development scenario in
India.
32. FEB ’10
INNOVATIVE TECHNOLOGY SOLUTIONS
ANNOUNCED
Upside Learning announces mobile app
based learning solutions; experiments with
Augmented Reality.
33. MAR ’10
EXPANSION IN
MIDDLE EAST
Upside Learning announces
a new partnership with Image
Systems - a leading provider of
knowledge solutions in Saudi
Arabia.
Image courtesy: http://upload.wikimedia.org/wikipedia/
commons/2/25/Al-Mamlakah_Tower.JPG
34. MAR ’10
UPSIDE LEARNING BLOG COMPLETES
1 YEAR
With 142 posts, over
75,500 page views, and
600+ subscriber base,
Upside Learning Blog celebrates
its 1st anniversary.
35. APR ’10
THE GROWTH
CONTINUES
With Five Year CAGR at a healthy
70%, Upside Learning is poised to
attain new heights of success.