Got a Speaker slot at The Eighth India Innovation Summit 2012 organized by CII Karnataka. Getting most of the inspiring entrepreneurs,Government officials and Corporates from around the world to listen to the Innoz Story, Priceless ! :)
4. First venture :
At the age of 14, sourced and sold software CDs to my school friends while other
kids were busy saving Super Mario’s girlfriend
Made money to buy magazines & computer hardware's. – 100 % Success
5. • Building businesses, since 2002
2002: freelancing/ outsourcing company
2004: e-commerce /deal site - #fail
7. Innoz, therefore I am !
• Why – Explore , Simplicity , Opportunist
• How - Failed fast , Numerous Times, Learnt
Lessons
• Edge – Competing against ourselves; no fear
of failure.
24. 3 YEARS
• 500 million queries over SMS
• India, Africa, Middle east
• 100 GB of data
• 15 mm unique users
• 2.5 million+ daily queries
• Each query is paid for
• $20m topline revenue
• Profitable for 1 yr +
Redefining & Simplifying information access towards for anyone.
“THE INTERNET ON SMS”
25. The world of SMS apps
For more information, please visit http://www.55444.in/apps
28. <seedfund>
Mahesh sure hopes so!
(Every user a paying user, of course )
29.
30.
31. “Let's make a dent in the
universe." — Steve Jobs
Pic: Innoz Headquarters - Bangalore
32. Lessons
•Starting up young has enough advantages
•Core strength lies in the team
•Solve a problem
•Mentorship is extremely important
•Entrepreneurs should be good story tellers
•Your clients are your biggest investors
•Partner with the best, partner with big clients
•Entrepreneurship cannot be taught
•End of the day, it’s your dream – your biggest inspiration
35. thepiratefund.vc
Why join the navy if you can be a pirate?
Pirate: Nikhil Velpanur
3x entrepreneur and TED fellow - founded
a print magazine (Strange Brew),
technology company (letshead.to), built
inktalks.com, 140verses
Approves.it : Like /Unlike real world objects.
36. 100Rockstars.org
Jery Althaf ;Young India fellow
Member of IEEE for past 5 years involved many technical and managerial
initiatives and had received the President’s certificate for being the technical
lead of the ‘Electrification of a Rural Village’ project and for the revival of IEEE
branch at his college.
100 Rockstars.org Sponsorship: “Low cost electrification using solar energy” at
the Global Humanitarian Technology Conference at Seattle, USA.
Notes de l'éditeur
I am a Malayalee (People living in Kerala,India). I have lived in Thrissur,Kerala all my life. I have grown up here, studied there. As a kid, I always loved to hear stories.
I was fortunate to hear about entrepreneurs and success stories right from home town. The power of these slide is to explain the importance of ‘listen’ & ‘inspire’.
Why did you become an entrepreneur?I’ve always been one. My fascination with computers and internet began on a Pentium III & 56 kbps modem. The internet opened me a whole new world, i was hooked.I’ve always enjoyed wide-open pursuits where I can create and be unconstrained.
From the confidence of my first venture i moved to bigger and bigger ideas, realized that chasing bigger dreams give you more bigger space to think. I Never felt bad in failing , and never stopped experimenting stuff either.
Never thought that I would become the person I am right now, but I never stopped in doing what I love. And I keep on doing it. My Greatest achievement is building a company that has integrity and a culture I’m proud of.
I am an Indian, we have been restriction and w,
THERE WAS A BEAUTIFUL GIRL WALKING THROUGH OUR COLLEGE CAMPUS AND I ASKED MY FRIEND, ‘DUDE; HOW TO IMPRESS HER? AND MY FRIEND SAID, WELL I DON’T KNOW, YOU DO A GOOGLE. I SAID, I DON’T HAVE A GOOGLE NOW, SO WHAT I WILL DO? AND HERE THE EUREKA MOMENT CAME IN. ‘WELL GUYS, HOW ABOUT AN ANSWER ENGINE ON MOBILE THAT WILL GIVE YOU ANSWER ABOUT ANY TOPIC UNDER THE SUN.’ !
AND IT ALL STARTED FROM HERE, IN A TINY SMALL OFFICE SPACE THAT WE SET UP INSIDE OUR COMPUTER LAB AT COLLEGE.
Asked in GYAN where can I do business in telco. Gurgaon ! - Went behind all the telco’s – no body was interested because we were really small. Knocking on every door. Frustrated.
One tired evening, at a coffee shop met the head of Airtel, who invited to the office the next day.
There are around 700 million mobile phones in india while there is less than 100 million PC + Mobile internet customers. So there is a huge gap for people who don't have the access to Internet.
In 2008,while doing computer science engineering, me and my group of friends popped up with this idea of giving instant information through SMS by fetching it from online. We dropped out of college the next day to start the company to fully focus this idea.
This is what we run at the office. Real-time - This is what 10 seconds of activity will looks like. And this is where we spend most of our time doing to make sure that we can keep up with this kind of traffic load.
This is what we run at the office. Real-time - This is what 10 seconds of activity will looks like. And this is where we spend most of our time doing to make sure that we can keep up with this kind of traffic load.
Our approach to this has been straightforward – we have to continue with our business as usual, and work as if we’re going to solve this problem.
"Don't worry about what anybody else is going to do… The best way to predict the future is to invent it. Smart people can do just about anything that doesn't violate too many of Newton's Laws!"
AND NOW OVER THE COURSE OF 3 YEARS WE WERE ABLE TO ANSWER ROUGHLY ABOUT 250 MILLION QUERIES, DELIVERED APPROXIMATELY 50 GIGABYTES OF INFORMATION THROUGH SMS TO EMPOWER OVER 10MM DISTICNT USERS IN INDIA. So you are now listening to the story of the so far largest offline search engine which ever made on mobile. AND WHAT THIS DATA REPRESENT US IS THE IMPACT OF USING MOBILE AS A LEARNING TOOL TO EMPOWER PEOPLE.MOST PEOPLE IN INDIA DON’T HAVE ACCESS TO THE INTERNET BUT… THEY ALL HAVE PHONES. THIS IS WHERE SMSGYAN REALLY WORKS.
"Don't worry about what anybody else is going to do… The best way to predict the future is to invent it. Smart people can do just about anything that doesn't violate too many of Newton's Laws!"
"Don't worry about what anybody else is going to do… The best way to predict the future is to invent it. Smart people can do just about anything that doesn't violate too many of Newton's Laws!"