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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

December - 2008 - issue > STARTUP CITY

SYNOVEL

Jayakishore Bayadi
Tuesday, December 2, 2008
Jayakishore Bayadi
When Ashok, Prasad, and Siva were running their Open Source consulting firm in 2006, before they founding Synovel in 2008, they got the idea of building an open source alternative to enterprise collaboration to provide integrated access to various tools of collaboration email, calendaring, instant messaging, document management, and knowledge management in a much more effective manner than the offerings of incumbent giants like Microsoft, IBM, and others. Their knowledge in consulting helped the team in identifying the need and evolving the idea, and since then they have never looked back.

“Our solution offers tremendous cost advantage when compared to the solutions of Microsoft and IBM, and it also unshackles the customers from the vendor lock-in caused by proprietary nature of their solutions, apart from providing a significant improvement in employee productivity,” says Ashok Gudibandla, Co-founder and Director. Today, more than one lakh users around the world have downloaded this Open Source software. Synovel team believes that being passionate about what one does will certainly have a tremendous impact on the outcome.


EARLY INVESTORS:

Initial seed funding from an industrialist based in Hyderabad. Currently in negotiations with a Singapore based investment firm. CUSTOMERS: Recently added two customers in India. Product to be out into the market within 6 months.

COMPETITORS:

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