Business Description:MobME learned the basics of telecom building business models on SMS, Voice, Content and Bluetooth which today function as profitable but not scalable business units.
The Cheese we have is our core focus and leading edge platform, Mobshare - a Mobile Photo, Video and Content Sharing Platform.
Powering up CNN-IBN's Mobile Citizen Journalism to Photo Sharing at Caf?offee Days, Mobshare is the fastest and easiest way to share photos from a mobile phone.
Integrating with Mobile Operators to build a Innovative Business Model that makes photo sharing free for end users, with advertising being the revenue stream, is a daring attempt.
The success of getting premium brands like Kingfisher on board to use the platform as a preferred mobile content network, is a testimony that 'free ad' supported content will be the future in Mobile Internet.
An example would be when SRK used Mobshare for taking photos as the 12th Man which was broadcasted on kolkataknightriders.com and over 14,000 people opted to receive it on their handsets.
Taking into consideration the potential of the speed of the platform, the Department of Scientific and Industrial Research has awarded a grant to develop the product as Mobile Crime and Accident Reporting Platform for the Police.
Industry:Telecom/ Mobile
Founded in:2006
Source of idea:Built hobby into a business
Significant Competitors:SnapmyLife, Tiny Pictures
Company Details :
Company Name:MobME Wireless Solutions
HeadQuarters:Cochin/ Ernakulam
Stage of the company:Scaling up
No of Employees (2006):
No of Employees (2007):16-25
Office Locations(2006):
Office Locations(2007):2-5
No of companies promoted:Yes (2)
Profits (2006):
Profits (2007):breakeven
>Partnerships:1) Mobshare - Leading Mobile Operators
Mobshare Enterprise Version - Kolkata Knight Riders, CNN IBN, Department of Scientific and Industrial Research, DSN Global, Mid-day, Kingfisher
2) Content - Exclusive mobile rights to all major Malayalam actors/actresses.
Handles South Indian content for Mauj, Hungama, OnMobile, Nazara, IMI, Reliance, Mobile2win etc.
Tie-ups with major operators in Middle East- Etisalat, Du, Mobily, STC, Qtel, Zain, Watiniya, Al Nawras, Batelco etc.
3) India's Largest Carrier Grade Deployment of Open Source Asterisk Voice Platforms at Vodafone
Initial Funding:Personal savings
Addl Funding:Angel investors
Institutitional Capital:No
Revneue Model:Targetted Mobile WAP/Banner Advertising
Awards & honors:- First Technology Business incubated company at Technopark
- One of India's 100 innovative start-ups - Nasscomm
- Youngest in the list of Nasscomm 100 IT Innovators for 2007
- Finalist at Lockheed Martin India innovates
- One of India's ten start ups to watch out for in 2008 - WSJ-Live Mint
- Commended by former President, Abdul Kalam at the Rashtrapati Bhavan
Promoters Details :
Promoters Name(s):Sanjay Vijayakumar
Age:24
HomeTown:Thiruvananthapuram
Education:Bachelors
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Co-Founder and CEO at Torque Technology Solutions Pvt Ltd
Ex-Job Description:Founder
Favorite Book/Movie:Good to Great by Jim collins
