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Deepak Ravindran ( Innoz ) - CII Karnataka
The document highlights the entrepreneurial journey of Deepak Ravindran, who began selling software CDs at age 14 and has since founded successful ventures, including Innoz, which aims to simplify information access via SMS. It outlines the challenges and lessons learned along the way, emphasizing the importance of team strength, mentorship, and storytelling in entrepreneurship. The vision includes reaching millions of users in developing countries and creating a profitable, scalable model for SMS-based information access.
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Deepak Ravindran ( Innoz ) - CII Karnataka
- 1. Start up, youngman! DEEPAK RAVINDRAN
- 2. “tell me astory” -- every child
- 3.
- 4. First venture : Atthe 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
- 5. • Building businesses,since 2002 2002: freelancing/ outsourcing company 2004: e-commerce /deal site - #fail
- 6. <2008- Present> Founder& CEO , Innoz
- 7. Innoz, therefore Iam ! • Why – Explore , Simplicity , Opportunist • How - Failed fast , Numerous Times, Learnt Lessons • Edge – Competing against ourselves; no fear of failure.
- 8.
- 9. How to impressa girl? Answer engine on SMS
- 10. Meet our firstinvestors – Friends and Family 1 Lakh INR
- 11. LBS College ofEngineering, Kasaragod
- 12.
- 13.
- 14.
- 15. Opportunity Developing Countries 70% Mobile cellular penetration But Only 21% internet penetration
- 16. 120 Million Internetusers 1.2 Billion People 900 Million Cellphone
- 17. SMS Internet
- 18. 16.6666667 percent convert 1/6to percent
- 19. The birds areso angry because a group of green pigs stole their eggs. Why is an angry bird angry?
- 21. The best wayto predict the future is to invent it. That’s the answer to the question of life, universe and everything!
- 22. Vision HOW DO YOUACCESS INFORMATION ANYTIME ANYWHERE…
- 23. GOALS ARE DREAMSWITH DEADLINES
- 24. 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”
- 25. The world ofSMS apps For more information, please visit http://www.55444.in/apps
- 27. Can we tryto empower a billion users?
- 28. <seedfund> Mahesh sure hopes so! (Every user a paying user, of course )
- 31. “Let's make adent in the universe." — Steve Jobs Pic: Innoz Headquarters - Bangalore
- 32. Lessons •Starting up younghas 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
- 33. Take chances whenyou're young; Tell stories when you're old !
- 35. thepiratefund.vc Why join thenavy 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.
- 36. 100Rockstars.org Jery Althaf ;YoungIndia fellow Member 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.
Editor's Notes
- #3 I am a Malayalee (People living in Kerala,India). I have lived in Thrissur,Kerala all my life. I have grown up here, studied there. As a kid, I always loved to hear stories.
- #4 I was fortunate to hear about entrepreneurs and success stories right from home town. The power of these slide is to explain the importance of ‘listen’ & ‘inspire’.
- #5 Why did you become an entrepreneur?I’ve always been one. My fascination with computers and internet began on a Pentium III & 56 kbps modem. The internet opened me a whole new world, i was hooked.I’ve always enjoyed wide-open pursuits where I can create and be unconstrained.
- #6 From the confidence of my first venture i moved to bigger and bigger ideas, realized that chasing bigger dreams give you more bigger space to think. I Never felt bad in failing , and never stopped experimenting stuff either.
- #7 Never thought that I would become the person I am right now, but I never stopped in doing what I love. And I keep on doing it. My Greatest achievement is building a company that has integrity and a culture I’m proud of.
- #8 I am an Indian, we have been restriction and w,
- #10 THERE WAS A BEAUTIFUL GIRL WALKING THROUGH OUR COLLEGE CAMPUS AND I ASKED MY FRIEND, ‘DUDE; HOW TO IMPRESS HER? AND MY FRIEND SAID, WELL I DON’T KNOW, YOU DO A GOOGLE. I SAID, I DON’T HAVE A GOOGLE NOW, SO WHAT I WILL DO? AND HERE THE EUREKA MOMENT CAME IN. ‘WELL GUYS, HOW ABOUT AN ANSWER ENGINE ON MOBILE THAT WILL GIVE YOU ANSWER ABOUT ANY TOPIC UNDER THE SUN.’ !
- #13 AND IT ALL STARTED FROM HERE, IN A TINY SMALL OFFICE SPACE THAT WE SET UP INSIDE OUR COMPUTER LAB AT COLLEGE.
- #14 Asked in GYAN where can I do business in telco. Gurgaon ! - Went behind all the telco’s – no body was interested because we were really small. Knocking on every door. Frustrated.
- #15 One tired evening, at a coffee shop met the head of Airtel, who invited to the office the next day.
- #17 There are around 700 million mobile phones in india while there is less than 100 million PC + Mobile internet customers. So there is a huge gap for people who don't have the access to Internet.
- #18 In 2008,while doing computer science engineering, me and my group of friends popped up with this idea of giving instant information through SMS by fetching it from online. We dropped out of college the next day to start the company to fully focus this idea.
- #19 This is what we run at the office. Real-time - This is what 10 seconds of activity will looks like. And this is where we spend most of our time doing to make sure that we can keep up with this kind of traffic load.
- #20 This is what we run at the office. Real-time - This is what 10 seconds of activity will looks like. And this is where we spend most of our time doing to make sure that we can keep up with this kind of traffic load.
- #21 Our approach to this has been straightforward – we have to continue with our business as usual, and work as if we’re going to solve this problem.
- #22 "Don't worry about what anybody else is going to do… The best way to predict the future is to invent it. Smart people can do just about anything that doesn't violate too many of Newton's Laws!"
- #25 AND NOW OVER THE COURSE OF 3 YEARS WE WERE ABLE TO ANSWER ROUGHLY ABOUT 250 MILLION QUERIES, DELIVERED APPROXIMATELY 50 GIGABYTES OF INFORMATION THROUGH SMS TO EMPOWER OVER 10MM DISTICNT USERS IN INDIA. So you are now listening to the story of the so far largest offline search engine which ever made on mobile. AND WHAT THIS DATA REPRESENT US IS THE IMPACT OF USING MOBILE AS A LEARNING TOOL TO EMPOWER PEOPLE.MOST PEOPLE IN INDIA DON’T HAVE ACCESS TO THE INTERNET BUT… THEY ALL HAVE PHONES. THIS IS WHERE SMSGYAN REALLY WORKS.
- #28 "Don't worry about what anybody else is going to do… The best way to predict the future is to invent it. Smart people can do just about anything that doesn't violate too many of Newton's Laws!"
- #29 "Don't worry about what anybody else is going to do… The best way to predict the future is to invent it. Smart people can do just about anything that doesn't violate too many of Newton's Laws!"