Business Description:The Company is into the business of rendering legal, financial & management consultancy. The company's management aims at providing solutions to different corporates through Information Technology. Information Technology is widely used in the company in generating legal reports, search, registrations etc. www.takeovercode.com solves the intricacies of Takeover Regulations present in India. Its a one-in-all development of providing techno -legal service, where information is just a click away. The services are provided considering the 80:20 theory of management which provides spending more time on strategy drafting (80%) rather than compliance drafting (20%). The function on website are innovative in their own sense and promises to provide the solution on law on simplified basis.
Industry:Consulting
Founded in:2003
Source of idea:Systematic search for business opportunity
Significant Competitors:esop.direct is a website which is providing solutions, although they don't show online calculations as what takeovercode.com does.
Mergersindia providing schemes etc online but they don't cover the subject in detail
Company Details :
Company Name:takeovercode.com
HeadQuarters:New Delhi
Stage of the company:Several customers or locations
No of Employees (2006):26-50
No of Employees (2007):26-50
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:Yes (8)
Profits (2006):16- 50 lacs
Profits (2007):16- 50 lacs
>Partnerships:Presently no tie-ups. The Company is in talks with Bombay Stock Exchange, Asian CERC for database tie up.
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:The revenue earning in the business is through two aspects:
i.One from the subscription cost of the website from the users (like corporates, merchant bankers, investors)
ii.From event based usage of the functions available on the website.
Awards & honors:No such award has been given. But the site has been appreciated in various blogs.
Promoters Details :
Promoters Name(s):Pavan Kumar Vijay
Age:44
HomeTown:Kasganj (U.P)
Education:Masters
No of companies promoted:Yes (8)
Family Background:First gen entrepreneur
Job:Managing Director at BLB Ltd
Ex-Job Description:Managing the affairs of company
Favorite Book/Movie:Vision 2020 by Abdul Kalam