www.tekritisoftware.com

Business Description:Tekriti Software is in the business of creating wealth and excitement amongst its stakeholders, employees and partner companies. We web-enable businesses through our combination of offerings in the form of software services, software products and SaaS (Software as a Service) solutions.

Not only does Tekriti provide product development solutions to its clients and partner companies, it also has substantial stake in its partner companies with active involvement from Tekriti employees in the management and board.

Our partner companies USourceIT - the B2B outsourcing solution for small to medium businesses, and Travel Boutique - the business to business travel portal, have been on the forefront when it comes to evolving a traditional business into scalable technology based businesses.

Tekriti has mastered the domain expertise in Web2.0, B2B portals, travel and outsourcing domains and is in the unique position of offering a suite of products to customers in these domains.

Tekriti and its partner companies have been focusing on the Indian and US markets for the sale of its products and services.

Our customers are Indian and US companies with the need to develop web2.0 / social software solutions. These are typically, but not limited to, traditional media companies / publishing houses / eCommerce website and start ups.

We have a first mover advantage and have thorough understanding of the product. The 'product conceptualization' service is what becomes our unique selling point, the implementation services comes after that.

Industry:IT/ Internet/ Software

Founded in:2005

Source of idea:Systematic search for business opportunity

Significant Competitors:Most services that are into TR2 or TR3 segments, that is, companies that employ between 100 to 2000 people.

Company Details :

Company Name:Tekriti Software

HeadQuarters:Gurgaon

Stage of the company:Scaling up

No of Employees (2006):51-100

No of Employees (2007):51-100

Office Locations(2006):0-1

Office Locations(2007):0-1

No of companies promoted:Yes (3)

Profits (2006):1-5 crore

Profits (2007):1-5 crore

>Partnerships:

Initial Funding:Personal savings

Addl Funding:Personal savings

Institutitional Capital:No

Revneue Model:Revenue generated through sales (services)

Awards & honors:One of our incubated companies - Travel Boutique Online - was nominated as one of the Nasscom Top 100 IT Innovators in 2007.

Promoters Details :

Promoters Name(s):Ashish Kumar

Age:28

HomeTown:Ranchi

Education:Bachelors

No of companies promoted:Yes (3)

Family Background:First gen entrepreneur

Job:Developer at Microsoft

Ex-Job Description:Developing

Favorite Book/Movie:The Alchemist, Paulo Coelho; Rang De Basanti