Business Description:Thankoo.com is a website where people can thank one another for the help they receive. Users create their profiles and score points for thanking each other. They can keep the Thankoo Notes (sent & received) at one place all through their life and know how many people have they thanked and how many have thanked them. Users score 1 point for sending a Thankoo Note and score 10 points for recieving a Thankoo Note. The Thankoo points determine how good a particular person has been in his life. To keep the users motivated to keep doing good, there is a Thankoo Toppers page that displays the top 10 users in the world with the maximum Thankoo points. To keep the users engaged in the site, there is a feature by which a user(A) can view Thankoo Notes of any user in his network and of others visible in the site.
The users currently can send virtual flowers, wishes etc., however in future they would be able to send personalized Thankoo Gifts to the other users.
Industry:IT/ Internet/ Software
Founded in:2008
Source of idea:Discovered by chance
Significant Competitors:Online Greetings websites, Social Networking sites
Company Details :
Company Name:Thankoo.com
HeadQuarters:Chennai
Stage of the company:Have prototype
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):preprofit
>Partnerships:Looking for Strategic Partnerships / Tie-ups
Initial Funding:Personal savings
Addl Funding:Personal credit cards
Institutitional Capital:No
Revneue Model:The primary sources of revenue would be online advertisements and commissions earned from the sale of gifts. The business does not make any money at the moment as we have not started advertising and offering personalized gifting solutions.
Awards & honors:None Yet
Promoters Details :
Promoters Name(s):Chandra Sekhar
Age:26
HomeTown:Visakhapatnam
Education:Masters
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Business Analyst at Hexaware Technologies
Ex-Job Description:Pre Sales
Favorite Book/Movie:Google Story
