Business Description:We are IT Services provider with specialisation in the areas of Web Application development in the offshore model. We provide comprehensive services in the following major areas:
.NET Development, Java Development, Open Source LAMP Development, Search technology development, SEO and SEM
Our team is focused on providing quality solutions at minimal cost that would aid our client's operations & business needs. We have a strong technical team that develops automated applications for customized business requirements, be it anything from a website implementation to brochure design and printing, search engine optimisation and search engine marketing, or development of backend automation applications.
We deliver clients solutions with quality, speed and cost effectiveness.
Industry:IT/ Internet/ Software
Founded in:2003
Source of idea:Systematic search for business opportunity
Significant Competitors:Most Small & Medium Business Outsourced Software service providers
Company Details :
Company Name:PennyWise Solutions
HeadQuarters:Hyderabad
Stage of the company:Scaling up
No of Employees (2006):26-50
No of Employees (2007):51-100
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):51 lacs - 1 crore
Profits (2007):1-5 crore
>Partnerships:-Microsoft Gold Certified Partner
-Microfost Small Business Specialists
-Sun Partner Advantage
Initial Funding:Personal savings
Addl Funding:Bank loans & mortgages
Institutitional Capital:No
Revneue Model:At PennyWise Solutions, we have a proven business model. We provide consultancy, development and internet advertising services to our clients.
Awards & honors:-Listed as Dun & Bradstreet's Ememrging SMEs Hyderabad 2008
-Shortlisted and featured in Proto in January 2007 for Tolmolbol.com
-Best small company in IT & ITES Sector, Dun & Brandstreet - Fullerton India SME awards 2008
Promoters Details :
Promoters Name(s):Anand Morzaria
Age:29
HomeTown:Coimbatore
Education:Masters
No of companies promoted:No
Family Background:Business
Job:N.A. at JP Morgan Chase
Ex-Job Description:N.A.
Favorite Book/Movie:N.A.
