TechSparks Flashback – 2012
TechSparks, India’s biggest Tech Entrepreneurship Carnival is back again and the ecosystem is excited about this year’s edition, with its own set of amazing startups from across India, thought leaders sharing their views and exceptional networking opportunities. If you are part of a tech startup in India and want to reach out to potential investors, business partners and customers, you can’t afford to miss this carnival. We have shared the exceptional success stories of the Tech 30 winners of 2010 and 2011. Here we share the journeys of the 2012 winners.
Little Eye Labs
Founders: Kumar Rangarajan, Satyam Kandula, Lakshman Kakkirala, Giridhar Murthy, Aditya Kulkarni
Growth post TechSparks: Got acquired by Facebook in 2014 for an estimated $10-15 million
With millions of apps being submitted to the iOS app store and Android Play Store, the efforts to be on the top of the charts is brutal. A key factor is the performance of the app – latency, crashes, power consumption etc. Little Eye Labs’ tool monitored apps, helping developers track various parameters and improve their product. Little Eye Labs was funded by GSF Accelerator and VentureEast Tenet Fund.
Headquarters: Bangalore (prior to acquisition)
Founders: Sampad Swain, Akash Gehani, Harshad Sharma
Growth post TechSparks: Raised $250,000 from Blume Ventures, 500 Startups, Rajan Anandan and Sunil Kalra, with an estimated commitment up to $500,000
Instamojo is a solution that lets the user sell digital creations simply by sharing unique checkout pagelinks. Instamojo is a simple payment system based on shortened URLs that transform anyone into a merchant without installation of complicated scripts, technical know-how or payment gateway approvals. It can be used for software, music, video, photos, online courses, web & mobile apps, e-books and magazine or newspaper content. Last year, the startup also released an advanced analytics tool to track how the consumers are interacting with the material being sold, giving more data to the seller.
Founders: Rajaraman S, Thiyagarajan T, KP Sarvanan, Krish Subramaniam
Growth post TechSparks: Raised $1.2M funding from Accel Partners
ChargeBee makes it easy for online businesses to manage recurring payments and invoicing. This is particularly helpful to provide frictionless subscription management that is non-negotiable in SaaS. ChargeBee provides a trusted billing platform for subscription businesses like Flavrbox.com, The New You program, Triggered Messaging and many more.
Headquarters: Lucerne Valley
Founders: Nischal Shetty
Growth post TechSparks: Acquired 3crumbs and JustMigrate in 2013 with the terms being unknown
JustUnfollow.com is a friend management app for Twitter and Instagram that was founded by Nischal Shetty in February 2010. The first version got a whopping 1000 sign ups on day 1 and reached 3.5 million users in just 30 months.
Founder: Jitender Sharan
Growth post TechSparks: An estimated $340K from leading Silicon Valley investors like Chamath Palihapitiya; Finalist of Microsoft BizSparks 2012; NASSCOM Emerge 50 2012
CipherGraph Networks provides enterprise cloud security solutions, focusing on cloud security and accessibility. CipherGraph Networks launched its annual subscription pricing options for its Cloud VPN offering on AWS Marketplace. CipherGraph raised funding from TheSocial+Capital Partnership. Their product CipherGraph Cloud Access Gateway is a virtual appliance offering secure remote access for corporate employees from any location and device.
Headquarters: Pleasanton, CA
Have you applied to TechSparks 2014 yet? If you are an entrepreneur, this is the one carnival you got to be a part of!