Anagh Pal and Kavya Balaji in Mumbai
Today, we bring you the 5 exciting start-ups under Rs 10 lakh (Rs 1 million), who have a good clientele across several domains. From designing web applications, brand building, online recruitment to starting tele-classrooms, they have made it ...
These 5 start-ups are making waves
Entrepreneurs: Queenie Fernandes, Leonard Fernandes
Seed capital: Rs 40,000
Business: Launched in August 2007, it provides online publishing services for self-publishing authors. Services include design and on-demand printing.
How it makes money: Sales of these services.
Required skills: To understand the various needs of the author and figure out how these can be addressed.
The WOW factor: Provides a whole range of services that a self publishing author may need under one roof.
How it is marketed: By making their website available on search engines, email, face book and Twitter.Performance: Currently services 30 clients.
...
These 5 start-ups are making waves
3. Cocubes.com
Entrepreneurs: Harpreet S Grover, Vibhore Goyal
Seed capital: Rs 4 lakh
Business: Launched in August 2007, it connects colleges and companies through SMS-enabled interactive online platform for the purpose of student engagement and campus recruitment.
How it makes money: Through annual subscription fee from colleges and corporate clients.
Required skills: Sales and technology skills.
The WOW factor: Works only with authenticated students (through their college). Leverages technology (web and mobile) for campus recruitment.
How it is marketed: Campus and corporate events, newsletters, SMSes, online communities. Has a good on-ground sales team.
Performance: Has 100,000 plus students on board from more than 650 colleges across the country.
...
These 5 start-ups are making waves
Photographs: Courtesy, D'frens Management Consulting.
Entrepreneurs: Rupert Picardo, Srikanth Murthy, Oscar D'Silva, Sachid Tharayil
Seed capital: Rs 6 lakh (loan)
Business: Launched in November 2005, it deals with team building, employee anagaent programs and custom campaign for organisations.
How it makes money: Through programmes customised for companies and event management programs.
Required skills: High level of self-confidence, good articulation, zero stage fear, commanding presence, creativity.
The WOW factor: High level of customisation and experimentation.
How it is marketed: Word of mouth.
Performance: Has 75 clients till date.
...
These 5 start-ups are making waves
Photographs: Courtesy, Edyounet .
Edyounet Teleclassroom
Entrepreneurs: Ram Mohan Seed capital: Rs 10 lakh Business: Tele-classrooms are traditional classrooms equipped with large LCD screens, set up in villages. Teachers teach from educational studios set up in big cities. It was launched in October 2009.How it makes money: Operate in franchisee model. They source students, collect fees, share it with Edyounet in the pre-determined proportion.
Required skills: Software and technology management, business administration skills.
The WOW factor: One teacher from a city can teach thousands of students spread over a vast geographical area.
How it is marketed: Franchisees are enrolled through statewide marketing agents. Media advertisements reach out to the target audience.
Performance: Currently, it has 15 teleclassrooms across Kerala.
article