www.bltsol.com

Business Description:BlueLabs offers innovative solutions to clients in various technology domains belonging to different industry verticals. We work as a virtual extension of IT service providers and MNCs spread across the globe, adding value to their products and services, and helping them become competitive. BLTS' services range from application development, software testing to DBA support.

Our strength lies in our resource pool of talented and ambitious professionals for whom challenges work as a whetstone to polish skills. We think from our client's perspective while not forgetting the end users' needs and this dual insight make our solutions unique.

Industry:IT/ Internet/ Software

Founded in:2008

Source of idea:Systematic search for business opportunity

Significant Competitors:Tata Consultancy Services (TCS), IBS, Cognizant Technologies Solutions (CTS)

Company Details :

Company Name:BlueLabs Technology Solutions

HeadQuarters:Cochin/ Ernakulam

Stage of the company:Several customers or locations

No of Employees (2006):Did not exist

No of Employees (2007):51-100

Office Locations(2006):Did not exist

Office Locations(2007):0-1

No of companies promoted:Yes (2)

Profits (2006):Did not exist

Profits (2007):6 to 15 lacs

>Partnerships:Intelligent Solutions, Ireland

Initial Funding:Personal savings

Addl Funding:Personal savings

Institutitional Capital:No

Revneue Model:Providing Solutions to clients

Assigning Resources to overseas clients

Software Export

Awards & honors:In the process of achieving CMMI certification by the second quarter of 2009

Promoters Details :

Promoters Name(s):Mathews Jose

Age:29

HomeTown:Cochin

Education:Bachelors TCE, Bharatiar University

No of companies promoted:Yes (2)

Family Background:First gen entrepreneur

Job:Director at Calpine Technologies Pvt Ltd

Ex-Job Description:Business Development & Marketing Head

Favorite Book/Movie:Malgudi Days / One Fine Day