Business Description:Threshold Software Solutions Pvt. Ltd. is a new age Web 2.0 technologies services company, primarily focusing on Web applications development, Web portals, E-Commerce, Internet marketing and Web designing.
We work with a two pronged business strategy: One, look to focus and enable Web start ups to empower their business, a distinctive offering in India in Web 2.0 Space. Two, Leverage the channel partnership and SBA's of mid-sized companies, a mutual strategic pro. We forage with our approach, application and acumen for growing business demands and latest technology offerings to stay ahead.
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Developed family or friend?s idea
Significant Competitors:1. Bitranet
2. Goldcrest Software Private Limited
3. 9artsmedia
4. CRR Technologies Private Limited
Company Details :
Company Name:Threshold
HeadQuarters:Hyderabad
Stage of the company:Scaling up
No of Employees (2006):6-15
No of Employees (2007):16-25
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):losing money
Profits (2007):1 to 5 lacs
>Partnerships:1. Channel partners of SERENA Software Inc.
2. Channel partners for Quadra Software Pvt. Ltd.
3. Technology Consultants for Rofous Software Pvt. Ltd. (Web 2.0, Graphics)
4. SBA for Populartech Inc., CogentIBS Inc.
Initial Funding:Personal savings
Addl Funding:Family & friends
Institutitional Capital:No
Revneue Model:1. Our premium pricing model ensured our initial foothold.
2. Funded Web start-ups as our clients enable us to generate money regularly.
3. Strategic service alliances with product companies also adds to the list.
Awards & honors:1. Listed in Top 50 Emerging SME companies of 2008 by Dun & Bradstreet in IT/ITES segment for Hyderabad
2. Featured in a Telugu computer magazine as one of the best start-ups from Andhra Pradesh
Promoters Details :
Promoters Name(s):Bharath Kumar B
Age:28
HomeTown:Tirupati
Education:Bachelors
No of companies promoted:No
Family Background:Business
Job:SAP Technical Architect at IBM India
Ex-Job Description:Product Design
Favorite Book/Movie:Malgudi Days
