Sunday, November 30, 2014

Pages from the Indian start-up history ………

Here is a list of some ideas, quite simple but interesting, which comes to the mind of almost every entrepreneur but the difference occurred because they executed it. That’s why now they all are a billionaire company.


HOTMAIL

Two people, bored of their job, thus decided to start their own company. They were sending emails to each other for the same but were afraid that their respective bosses would track their messages. Their personal accounts were not accessible from the office network. All these frustrations led to the birth of a free mail account that can be accessed over the web with unknown or unidentifiable credentials. This idea had come out of a general problem of the masses.


REDBUS

Redbus is India’s biggest online bus ticket booking company. Initially, Phanindra Sama (co-founder of redbus.in) was working for Texas Instruments, Bangalore.

He wanted to go home in festival but didn’t get the ticket when he was in need. This was because of the lack of information of all the bus operators at a single window. This made him think to set-up an online ticket booking system to cope up with the general problem.


FLIPKART

From an investment of just four lakh rupees to India’s biggest e-commerce website. The start-up story goes back to the time when Sachin and Binny Bansal were colleagues at amazon.com where the idea of an e-commerce website was born. They thought of a platform where people can go through a large collection of various products and choose the right one based on their needs. Initially the idea was to create an online product and price comparison forum, that later was developed into an online retail store. In 2007, flipkart.com was launched which, at that time, catered only to buying books online.
 Today Flipkart has grown into a $100 million-revenue online retail giant in just five years.

                                             
                                                                                 By Rohit Gupta


I will be back with some of the biggest international startups………….



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