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Deepak Ravindran ( Innoz ) - CII Karnataka

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Got a Speaker slot at The Eighth India Innovation Summit 2012 organized by CII Karnataka. Getting most of the inspiring entrepreneurs,Government officials and Corporates from around the world to listen to the Innoz Story, Priceless ! :)

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Deepak Ravindran ( Innoz ) - CII Karnataka

  1. 1. Start up, young man! DEEPAK RAVINDRAN
  2. 2. “tell me a story” -- every child
  3. 3. Thrissur,Kerala.
  4. 4. First venture :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 hardwares. – 100 % Success
  5. 5. • Building businesses, since 2002 2002: freelancing/ outsourcing company 2004: e-commerce /deal site - #fail
  6. 6. <2008- Present> Founder & CEO , Innoz
  7. 7. Innoz, therefore I am !• Why – Explore , Simplicity , Opportunist• How - Failed fast , Numerous Times, Learnt Lessons• Edge – Competing against ourselves; no fear of failure.
  8. 8. Abhinav,Hisam,Ashwin and Deepak
  9. 9. How to impress a girl?Answer engine on SMS
  10. 10. Meet our first investors – Friends and Family 1 Lakh INR
  11. 11. LBS College of Engineering, Kasaragod
  12. 12. Taking risk
  13. 13. Running
  14. 14. Luck
  15. 15. Opportunity Developing Countries 70% Mobile cellular penetration But Only 21% internet penetration
  16. 16. 120 Million Internet users 1.2 Billion People 900 Million Cellphone
  17. 17. SMS Internet
  18. 18. 16.6666667 percentconvert 1/6 to percent
  19. 19. The birds are so angry because a group of green pigs stole their eggs.Why is an angry birdangry?
  20. 20. The best way to predict the future is to invent it. That’s the answer to the question of life, universe and everything!
  21. 21. VisionHOW DO YOU ACCESS INFORMATION ANYTIME ANYWHERE…
  22. 22. GOALS ARE DREAMS WITH DEADLINES
  23. 23. 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 +Redefining & Simplifying information access towards for anyone. “THE INTERNET ON SMS”
  24. 24. The world of SMS appsFor more information, please visit http://www.55444.in/apps
  25. 25. Can we try to empower a billion users?
  26. 26. <seedfund> Mahesh sure hopes so!  (Every user a paying user, of course )
  27. 27. “Lets make a dent in the universe." — Steve JobsPic: Innoz Headquarters - Bangalore
  28. 28. 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
  29. 29. Take chances when youre young; Tell stories when youre old !
  30. 30. thepiratefund.vcWhy join the navy if you can be a pirate? Pirate: Nikhil Velpanur 3x 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.
  31. 31. 100Rockstars.orgJery Althaf ;Young India fellowMember of IEEE for past 5 years involved many technical and managerialinitiatives and had received the President’s certificate for being the technicallead of the ‘Electrification of a Rural Village’ project and for the revival of IEEEbranch at his college.100 Rockstars.org Sponsorship: “Low cost electrification using solar energy” atthe Global Humanitarian Technology Conference at Seattle, USA.

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