Business Description:Bcube IT Services is a BPO which manages Oxigen's customer care and has recently acquired a few other clients. Having the leverage of expertise in call center technology and with the backbone of oxigen (Oxigen has a retail base of around 50,000 retail outlets and touch points) bcube plans to launch its own business model Call2Pay. (Call to Pay on phone ? "Where people can access various utility services on the phone" "an alternate payment mechanism"). Bcube plans to first launch itself into B2B market using 30000 retail outlets for which we have arrangements with Oxigen. All of these outlets will also be Call2Pay retail outlets - These retail outlets will sell all Call2Pay services to their customer's and in turn pay us through phone. Once the Call2Pay system is completely tested through the business-to-business model, we would make Call2Pay business-to-customer as well. This would open up a huge market for us. Payments would be accepted through credit/debit cards as well. A lot of focus is to be given towards the commonwealth games which can be a turning point of this business model. Services like air tickets booking, railway tickets booking, movie tickets booking, flowers delivery, sweets delivery, utility bill payments, phone recharge etc. would be provided.
Industry:BPO/KPO
Founded in:2007
Source of idea:Discovered by chance
Significant Competitors:Call2pay - various cash card systems can adopt this model, but as of now no one has this vision.
Bcube (BPO Business) - Infovision, Sparsh, IBM Daksh, Aegis
Company Details :
Company Name:Bcube IT Services
HeadQuarters:Gurgaon
Stage of the company:Several customers or locations
No of Employees (2006):51-100
No of Employees (2007):101-300
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:Yes (3)
Profits (2006):1 to 5 lacs
Profits (2007):16-50 lacs
>Partnerships:Oxigen Services India Pvt. Ltd. is a stake holder in the company
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:-The actual realization of the service with the vendor would be done by Bcube and not the customer. -The vendor would be giving its services to Bcube at some discount. This discount would be our profits as we would be charging the customers the original price of the service.
Awards & honors:None
Promoters Details :
Promoters Name(s):Puneet Chandra
Age:25
HomeTown:Ghaziabad
Education:Masters Indian Institute of Information Technology and Management
No of companies promoted:Yes (3)
Family Background:Business
Job:Director at 5Isys e-services Pvt. Ltd.
Ex-Job Description:Everything
Favorite Book/Movie:Lee Iococa
