Business Description:a2zapplications.com is India's First Business Software as a Service (SaaS) Platform company. SaaS is a new way of delivering software over the Internet. Small and medium enterprises (SMEs) are keen for this on-demand model to avoid the hardware investment, the expensive licensing and maintenance costs of traditional enterprise resource planning (ERP), Customer Relationship Management (CRM) software and hiring the IT staff needed to deploy and maintain.
The company is also offering the same platform with a stripped-down version to help micro firms with their growth. The platform has already been subscribed by firms from various industries - Education, Publishing & Manufacturing etc.
With rising SMEs (currently 8 millions) & broadband connectivity, India is set for SaaS wave in the enterprise space like USA and Europe. Currently the primary market verticals that the company is focusing in are Education, Healthcare, Media, Real-estate, Professional Services & Government.
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Wanted it as an individual customer
Significant Competitors:Salesforce.com, Microsoft Dynamics, SAP ByDesign
Company Details :
Company Name:A2Z Applications.Com
HeadQuarters:New Delhi
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):6-15
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):preprofit
Profits (2007):losing money
>Partnerships:The company has not formed any significant partnerships yet formally. It is running various partnership programs starting from referral to channel
Initial Funding:Personal savings
Addl Funding:Family & friends
Institutitional Capital:No
Revneue Model:The company earns its returns over the term of relationship through Subscription fees on a quarterly or bi-annual basis, rather than front-loading with a license sale.
Awards & honors:N.A.
Promoters Details :
Promoters Name(s):Kantanu Kundu
Age:32
HomeTown:Digha, West Bengal
Education:NIT-Kurukshetra
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Sr. Consultant at Salesforce.com
Ex-Job Description:First Member of Global Integration Services
Favorite Book/Movie:Titanic
