www.batchbuzz.com

Business Description:BatchBuzz is an online social magazine where the users are the readers, writers and editors of the content. The site combines unique user-generated news/ gossip with the concept of a social network to show the most relevant stories and fills the void in India for user-generated media and provides people and organizations with an excellent platform to leverage and promote causes and ideas.

On BatchBuzz, users can: publish articles, share experiences, showcase their social life, link other sources directly, see how readers are reacting to stories, write reviews of movies, music and more and become a trendsetter.

BatchBuzz target audience is Indian internet users aged 15-30, with most people being high school and college students, young men and working women. The categories of internet use we focus on are chat, information and entertainment with e-commerce to be included at a later stage. Topics would likely be focused on Pop Culture: Bollywood, Cricket, School/ College/ Work gossip, Local events, Weekend parties etc.

BatchBuzz is different. We are not a site primarily focused on social networking. We are not competing heavily with global counterparts such as FaceBook, Orkut or Hi5. We have a broad target audience and are not restricted to narrow verticals of cricket, bollywood etc. We have a large focus on user-generated and local / city based content that have synergies from user connectivity.

BatchBuzz relies on rich social content primarily generated by the users. We are providing people with an opportunity to create a Buzz. By showcasing the social lives of people, the portal will allow the users to relive memorable moments, just like flipping through a journal or magazine. We expect BatchBuzz to become the one-stop shop to sync people with the latest social events, happenings, faux paus, rumors and trends.

Industry:Media/ Entertainment

Founded in:2008

Source of idea:Systematic search for business opportunity

Significant Competitors:Burrp.com, BollywoodHungama.com, Asylum.in, Other Infotainment Companies, Popular Blogs and Online Magazines

Company Details :

Company Name:BatchBuzz Media

HeadQuarters:New Delhi

Stage of the company:Scaling up

No of Employees (2006):0-5

No of Employees (2007):0-5

Office Locations(2006):2-5

Office Locations(2007):2-5

No of companies promoted:Yes (1)

Profits (2006):

Profits (2007):

>Partnerships:

Initial Funding:Personal savings

Addl Funding:Personal savings

Institutitional Capital:No

Revneue Model:Advertising, Sponsored Sections, Market Research

Awards & honors:

Promoters Details :

Promoters Name(s):Kumar Patodia

Age:24

HomeTown:Kolkata

Education: Bachelors Univ of Pennsylvania

No of companies promoted:Yes (1)

Family Background:Business

Job:Analyst at JPMorgan Chase

Ex-Job Description:Finance

Favorite Book/Movie:A Few Good Men