Business Description:Mnemonic Dictionary helps people improve their vocabulary using mnemonic associations. While mnemonics are believed to be first used by Greeks in as early as 477 BC, but Mnemonic Dictionary is one of its kind where user collaborate (web 2.0) to create mnemonics for learning words.
Industry:Education
Founded in:2007
Source of idea:Built hobby into a business
Significant Competitors:Traditional dictionary websites : http://www.dictionary.com, http://www.thefreedictionary.com
Company Details :
Company Name:Mnemonic Dictionary
HeadQuarters:Hyderabad
Stage of the company:Have first customer
No of Employees (2006):Did not exist
No of Employees (2007):0-5
Office Locations(2006):Did not exist
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):breakeven
>Partnerships:Language partner - An organization for English and foreign languages (Inlasonline.com)
Smsgupshup.com - SMS service partner for free SMS word of the day and premium SMS word of the day.
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:By selling Ad-Inventory on Mnemonic Dictionary website.
Mnemonics Based Publication for schools and colleges.
Online language learning courses.
Awards & honors:N.A
Promoters Details :
Promoters Name(s):Amit Aggarwal
Age:24
HomeTown:Hisar, Haryana
Education:Bachelors
No of companies promoted:No
Family Background:Business
Job:Associate Software Engineer at Manhattan Associates
Ex-Job Description:Product Development
Favorite Book/Movie:The Goal