www.valueminds.com

Business Description:Our main product TestersDesk.com provides a suite of online system-independent tools and utilities to help software testers in the areas of test design and test data generation. We are founded on the fact that technology is not exploited well in Software Testing, resulting in the lack of quality and in delayed delivery of most other software based innovation. We complement the existing testing tools, and are set to be the defacto online tool platform for Software Test Engineering.

Industry:Software Testing

Founded in:2006

Source of idea:

Significant Competitors:Testing product vendors like HP Mercury, IBM Rational etc.

Company Details :

Company Name:ValueMinds

HeadQuarters:Hyderabad

Stage of the company:Have prototype

No of Employees (2006):0-5

No of Employees (2007):6-15

Office Locations(2006):0-1

Office Locations(2007):0-1

No of companies promoted:No

Profits (2006):Did not exist

Profits (2007):Did not exist

>Partnerships:Member of Hyderabad Software Exporters Association (HYSEA)

Initial Funding:Personal savings

Addl Funding:Personal savings

Institutitional Capital:No

Revneue Model:We have planned to make business in three ways:

Online Premium Membership - for individuals to subscribe and enjoy all the features and benefits of the online platform, unlimited.

Online Dedicated Hosting - for companies to have a dedicated instance (with no restriction on the number of users) hosted and managed by us.

In-house Deployment Solution - for enterprises to have TestersDesk setup as a local application inside their corporate firewall and be accessed by its users internally.

[The basic business model is to constantly Research / Innovate / Implement / Consolidate / Deliver an array of tools that enable smarter software test engineering]

Awards & honors:Best Innovation of the Year Award, 2007 from Hyderabad Software Exporters Association. The award was presented by Mr. Som Mittal, President, NASSCOM and the award process was certified by Ernst and Young.

On 16th October we were presented Testing Thought Leadership award on the Test2008 conference held at Delhi, represented by 15 nations.

Promoters Details :

Promoters Name(s):Ashwin Palaparthi

Age:29

HomeTown:Guntur

Education:High School

No of companies promoted:No

Family Background:First gen entrepreneur

Job:Asst Vice President at AppLabs

Ex-Job Description:Presales and Solutions Architecture

Favorite Book/Movie:Good to Great