These 4 Indian College Dropouts Have A 200 Crore Startup Dream


As the saying goes “success follows success”, other telecom operators like Vodafone, Idea, and BSNL, became Innoz clients.

Last year, Innoz raised about $3 million from Seedfund, an early-stage venture capital fund, in return for a minority stake in the company.

Innoz adds one to two million users every month and its revenue stood at Rs 6 crore last year. The young entrepreneurs are dreaming to take the revenue to 100 to 200 crore mark by  2014-15.

The company has now shifted its headquarters from Kerala to Bangalore and has a team of about 45 people. It also has its branches in Delhi and Mumbai.

Innoz is A RED Herring Global 100 & Asia 100 Winner for 2010 and also rated under Top 8 Emerging companies for 2010 in India by NASSCOM.

Read Also: Was Yahoo Cheated By Summly In The Startup Deal? and 'Startup Corridor': The Gateway to U.S. For Young Indian Entrepreneurs