Business Description:Safew Technology Labs is a Software services company that builds web based products, mostly startups as a part of it's services. These products are web 2.0 products and range from Social Networking to Advertising media servers. We use Open Source technologies for whatever we do and recommend the usage of Open Source software to the various customers. We also try our best to contribute to the Open Source communities and actively participate in the local knowledge groups, like Bangalore Ruby Users Group and Twincling Technology Foundation.
As a part of our Open Source activities we have an affiliation to UK based Canonical as Ubuntu Affiliates and provide support for them in India.
We want to scale up by venturing into web products. We plan to develop a product development team that can handle development of multiple products over a period of time. We might expand the team size for the same.
Industry:IT/ Internet/ Software
Founded in:2007
Source of idea:Systematic search for business opportunity
Significant Competitors:Pragtect, Technology Solutions, Tekriti Software, Better Labs, Heurion Consulting, Vinsol Solutions
Company Details :
Company Name:Safew Technology Labs
HeadQuarters:Hyderabad
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:Yes (2)
Profits (2006):1 to 5 lacs
Profits (2007):1 to 5 lacs
>Partnerships:
Initial Funding:Personal savings
Addl Funding:
Institutitional Capital:No
Revneue Model:By developing products and delivering them. Clients pay us on the amount of effort put in by the team. Payment terms are based on hourly costs and final payment depends upon the total number of person hours taken to carry out the tasks.
Awards & honors:N.A.
Promoters Details :
Promoters Name(s):Saurabh Bhatia
Age:24
HomeTown:Mumbai
Education:Bachelors
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Software Engineer at Satyam Computer Services
Ex-Job Description:Engineer
Favorite Book/Movie:N.A.
