Business Description:The company currently has two prominent divisions: Corporate Training and Product Development. The current cash-cow is Corporate Training wherein the company has the revenues as mentioned.
The e-Learning product - Aksh - focusing heavily on Competency Management and Assessment was released in July 2008 with, as of August 2008, one prospect in the pipeline. It is implemented using Web 2.0 technologies.
The company intends to sell the product in B2B model (company wide deployments; license-per-deployment / AMC revenue) and in SaaS model (integrating with existing products; pay-per-use revenue). A detailed outline of the product / demo can be provided upon request.
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Systematic search for business opportunity
Significant Competitors:- Saba, Blackboard, Moodle, Sakai, In-house product of the companies (Content Delivery)
- Saba, Blackboard, In-house product (Assessment and Competency Management)
Company Details :
Company Name:Edujini Labs
HeadQuarters:Bangalore
Stage of the company:Have first customer
No of Employees (2006):0-5
No of Employees (2007):16-25
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):6 to 15 lacs
Profits (2007):
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:1. B2B Customers
2. Since the current company also focuses on training, we consume and showcase ourselves
3. SaaS Model Deployment (our own servers providing integration to existing products across companies, charged on the usage basis)
4. License components to other products, with SDK for developers to extend the existing application
Awards & honors:
Promoters Details :
Promoters Name(s):Gaurav Vaish
Age:28
HomeTown:Lucknow, Uttar Pradesh
Education:Bachelors Indian Institute of Technology
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Head, R&D at Transveral e Networks
Ex-Job Description:Head
Favorite Book/Movie:Books: Good to Great, Built to Last
