Business Description:Minglebox.com is a Bangalore based consumer internet company. Our intent is to create a leading franchise in the internet and new media world. It has today become one of India's biggest and fastest growing community portals. Founded by three IIT Delhi alumni? Kavita Iyer, Sanjay Aggarwal and Sushma Abburi - who got their business and technology experience with companies like Yahoo, i2, ICICI, Wipro, HLL and Infosys before getting together with a vision to build a world class Indian internet company.
Minglebox's local flavour connects directly with the lives of people in India. It unique offerings like authentic college communities, live chitchat, the latest in music & movies, and a high degree of personalization and security, have all lead to ensuring that since its launch two years ago, Minglebox.com has become extremely popular among the college going youth & young alumni in India.
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Systematic search for business opportunity
Significant Competitors:"Orkut, Facebook"
Company Details :
Company Name:Minglebox Communication
HeadQuarters:Bangalore
Stage of the company:Scaling up
No of Employees (2006):6-15
No of Employees (2007):16-25
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):preprofit
Profits (2007):preprofit
>Partnerships:
Initial Funding:Family & friends
Addl Funding:Venture capital
Institutitional Capital:No
Revneue Model:The primary model is internet advertising and giving brands unique ways to interact this very focused audience. Other avenues are mobile services and on the ground events.
Awards & honors:
Promoters Details :
Promoters Name(s):Kavita Iyer
Age:35
HomeTown:Jabalpur
Education:Masters
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Marketing manager at Wipro Technologies
Ex-Job Description:Marketing
Favorite Book/Movie:N.A.