Business Description:The high growth of mobile industry and its high penetration in India has engendered a huge spurt in mobile applications requirements. The sheer fact that mobile penetration exceeds PC penetration by a factor of eight to ten provides an enormous scope to leverage the little computer inside mobile phones.
Infogile is a mobile technology start-up with a cutting edge product 'Mogile' to enable content and services over mobile device. Mogile is a product suite with various mobile applications for enterprises and ensures easy distribution, innovation and monetization while providing customers with a compelling personalized experience. Both the global delivery center and sales are handled from Infogile's office in Gurgaon. Infogile offers the most turnkey and cost effective systems to automate business processes at every corner of the globe. It provides the applications, integrates with existing systems, and processes secure transactions till the last mile.
Infogile's target customers can be divided into the following categories:
- Companies which want to explore new revenue streams using mobile technology.
- Organizations which want to harness this new technology to provide better services to their customers.
- Enterprises which want to inculcate mobile applications in their operations to improve efficiency and reduce costs.
Industry:Telecom/ Mobile
Founded in:2006
Source of idea:Wanted it as an individual customer
Significant Competitors:C-Sam Inc, Oxigen, JiGrahak, Telserra
Company Details :
Company Name:Infogile Technologies
HeadQuarters:New Delhi
Stage of the company:Several customers or locations
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:Yes (2)
Profits (2006):losing money
Profits (2007):16-50 lacs
>Partnerships:1. Mauj
2. Kreeda Gaming
3. Karrox
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:The current deployed products of Infogile include Mobile Prepaid Recharge and Lottery Network. For these products, Infogile has partner networks pan India to purchase inventory from mobile operators and distribute via retail network. The revenue generated is shared among retailer, merchant and Infogile. This product also has an advertisement ticker whereby all revenue generated goes to Infogile and merchants.
Other products like banking solutions and sales/field force automation are also intended to be deployed as a SaaS.
Awards & honors:Selected for the finals of TiE Canaan Entrepreneurship Challenge 2008.
Promoters Details :
Promoters Name(s):Puneet Bindlish
Age:28
HomeTown:New Delhi
Education:Bachelors
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Cofounder and Manager at Calance
Ex-Job Description:Technology
Favorite Book/Movie:N.A.
