deepak ravindran ( innoz ) - cii karnataka

Start up, young man!

DEEPAK RAVINDRAN

“tell me a story” -- every child

Thrissur,Kerala.

At the age of 14, sourced and sold software CDs to my school friends while other kids were busy saving Super Mario’s girlfriend

Made money to buy magazines & computer hardware's. – 100 % Success

First venture :

• Building businesses, since 2002

2002: freelancing/ outsourcing company

2004: e-commerce /deal site - #fail

<2008- Present> Founder & CEO , Innoz

Innoz, therefore I am !

• Why – Explore , Simplicity , Opportunist

• How - Failed fast , Numerous Times, Learnt Lessons

• Edge – Competing against ourselves; no fear of failure.

Abhinav,Hisam,Ashwin and Deepak

How to impress a girl?

Answer engine on SMS

1 Lakh INR

Meet our first investors – Friends and Family

LBS College of Engineering, Kasaragod

Taking risk

Running

Luck

Opportunity

Developing Countries

70% Mobile cellular penetrationBut

Only 21% internet penetration

1.2 Billion People

900 Million Cellphone

120 Million Internet users

Internet

SMS

convert 1/6 to percent

16.6666667 percent

Why is an angry bird angry?

The birds are so angry because a group of green pigs stole their eggs.

The best way to predict the future is to invent it.

That’s the answer to the question of life, universe and everything!

Vision

HOW DO YOU ACCESS INFORMATION ANYTIME ANYWHERE…

GOALS ARE DREAMS WITH DEADLINES

3 YEARS

• 500 million queries over SMS• India, Africa, Middle east• 100 GB of data• 15 mm unique users• 2.5 million+ daily queries• Each query is paid for• $20m topline revenue• Profitable for 1 yr +

“THE INTERNET ON SMS”

Redefining & Simplifying information access towards for anyone.

The world of SMS apps

For more information, please visit http://www.55444.in/apps

Can we try to empower a billion users?

Mahesh sure hopes so!

(Every user a paying user, of course )

<seedfund>

“Let's make a dent in the universe." — Steve Jobs

Pic: Innoz Headquarters - Bangalore

Lessons•Starting up young has enough advantages

•Core strength lies in the team

•Solve a problem

•Mentorship is extremely important

•Entrepreneurs should be good story tellers

•Your clients are your biggest investors

•Partner with the best, partner with big clients

•Entrepreneurship cannot be taught

•End of the day, it’s your dream – your biggest inspiration

Take chances when you're young; Tell stories when you're old !

thepiratefund.vcWhy join the navy if you can be a pirate?

Pirate: Nikhil Velpanur3x entrepreneur and TED fellow - founded a print magazine (Strange Brew), technology company (letshead.to), built inktalks.com, 140verses

Approves.it : Like /Unlike real world objects.

100Rockstars.org

Jery Althaf ;Young India fellowMember of IEEE for past 5 years involved many technical and managerial initiatives and had received the President’s certificate for being the technical lead of the ‘Electrification of a Rural Village’ project and for the revival of IEEE branch at his college.

100 Rockstars.org Sponsorship: “Low cost electrification using solar energy” at the Global Humanitarian Technology Conference at Seattle, USA.