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

