Business Description:Astute is South Asia's Largest Mobile Content Developer, Aggregator and Publisher distributing mobile content with more than 30 operators across 10 countries.
We are providing unseen content to users and believe in being visionary, proactive and looking at things in fresh and original ways. Astute works on J2ME, BREW, I-Mode, Symbian, WAP, Blackberry, WinCE and PalmOS technology platforms.
Astute is having a huge catalogue of unique and innovative applications under its belt including mobile games, 2D/3D, Multi-player/Single Player, Client server applications, Bollywood, Hollywood, Devotional/Festivals applications, Imagery, Music (3D), Calendars, Slide shows, Cricket and many more Branded/Non-Branded Content. Astute is one of the fastest growing companies in mobile space which has traveled to apex with its staggering offerings and fantabuluos leadership by the founders.
It has also made distinct among contemporary companies with several stepping-stones including First Prize at Reliance DADP contest in 2005/06, BREW Diamond Award in 2006, Among three finalist in two categories for BREW Awards etc.
Astute also had been selected by UK Trade and Investment for its further expansion in UK. It is followed by Astute placing in top 9 ISVs of Asia.
Industry:Telecom/ Mobile
Founded in:2004
Source of idea:Systematic search for business opportunity
Significant Competitors:Glu Mobile, EA Sports
Company Details :
Company Name:Astute Systems Technology
HeadQuarters:Indore
Stage of the company:Several customers or locations
No of Employees (2006):51-100
No of Employees (2007):101-300
Office Locations(2006):2-5
Office Locations(2007):2-5
No of companies promoted:No
Profits (2006):51 lacs - 1 crore
Profits (2007):1-5 crore
>Partnerships:
Initial Funding:Family & friends
Addl Funding:
Institutitional Capital:No
Revneue Model:Astute mainly generates revenue from Mobile Operator worldwide. We are also on the way to generate revenue from mobile marketing
Awards & honors:-Awarded by All India IT association with IT Excellence Award 2007
-Finalists for BREW 2007 for Sacred Sight in Best Entertainment Application Category and Fisher Friend in Best Public Service Application Category.
-Selected for UKTI Inward Mission 2007 by UK Government
-Finalists for Qualcomm's Wireless Reach BREW Application Funding Program
?isted among Top 9 Mobile ISVs in Asia.
-Finalist for BREW 2006 Award for Best Business Application - BSE Portfolio tracker by Qualcomm.
-1st Prize Winner (JAVA) - Reliance Mobile Developer Awards 2005 - 06 by India's largest CDMA operator
-BREW Diamond Award 2005 by Qualcomm (India)
Promoters Details :
Promoters Name(s):Vijay Kumar Jain
Age:31
HomeTown:Indore
Education:Masters Pune University
No of companies promoted:No
Family Background:Business
Job:R&D Head for4th Generation phone at NEC Japan
Ex-Job Description:R&D
Favorite Book/Movie:When You Are Engulfed in Flames by David Sedaris