Startup TechJockey, a marketplace for software solutions

Oct 21
13:56

2016

Kaira Kapoor

Kaira Kapoor

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The startup's genuine pay streams are Margins on programming sold and publicizing income from level 1 and level 2 programming associations.

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Akash Nangia and Arjun Mittal are entrepreneur-duo. They started their first business long back,Startup TechJockey, a marketplace for software solutions Articles and their other wander, TechJockey, is making a buzz in the product deals space. Next, from their forte, TechJockey is a marketplace for software solutions.

 

"You'll be unable to locate a single stage in India, other than TechJockey, where you can choose, compare and purchase IT solutions for business," says 28-year-old Nangia.

 

TechJockey offers programming software for a variety of ventures—retail, manufacturing, training, e-commerce, vehicles and warehousing, and much more.

 

"We need to make a universe of 1,000 or more little software solutions organizations by end of-2016-17, incorporating those working in remote territories of India," says Nangia. The thought is excessively permitted for small and medium enterprises (SMEs) profit of end-to-end services on interest through TechJockey's stage.

 

The company's model is posting quality, unrepresented software solutions and offering them to purchasers. This includes showcasing the items for the sellers and making an open door for them to contact clients the nation over. This incorporates immediate and concentrated mailers, premium posting, advertisement spaces and social showcasing effort for small vendors.

 

While SMEs target to a large degree of listing solutions from lesser known merchants, regularly utilized items from the greater players—Microsoft, Oracle, IBM, Adobe, and so forth— are additionally accessible for procurement.

 

Nangia, who was VP, Sales, at Food aggregator Zomato, says beginning his own business was a natural movement: "The biological startup community just pushes you to explore your entrepreneurial spirits," he says.

 

Alongside his long-lasting companion and Shri Ram College of Commerce batchmate Mittal, Nangia established SISL Infotech, a traditional software exchanging organization in 2012, and after that TechJockey in August 2015.

 

"The world has been moving towards cloud innovation and we ideated that software companies, which had something to offer, could utilize a stage to make their imprint," says Mittal, Co-originator.

 

The pair made sense of that an online commercial center, with a straightforward UI, which made purchasing and offering software as simple as acquiring or offering a versatile handset, could be a game changer for the partners of the IT business. Specifically, for the smaller players, who had constrained advertising spends.

 

The thought appears to have clicked. At present, 200 or more software merchants, crosswise over 18 industry verticals, have recorded their items on TechJockey.

 

Headquartered in Gurgaon, the startup also has workplaces in Mumbai, Bengaluru, and Chandigarh. "As the group develops and we delineate merchants, we will extend to Pune and Hyderabad also. A considerable measure of home-developed organizations in these urban areas have created world-class arrangements yet are attempting to showcase their item to a bigger customer base," says Mittal, 28.

Founded with an investment of Rs 25 lakh, put in by the founders, in just about a year the startup has seen a revenue of a little over Rs 1 crore. "TechJockey is still a midget but, backed by SISL Infotech— which saw a revenue of Rs 75 crore in 2015-16—and due to its business model, it'll grow at a rapid pace," predicts Nangia.

 

Established with a venture of Rs 25 lakh, put in by the authors, in pretty much a year the startup has seen an income of somewhat over Rs 1 crore. "TechJockey is still a dwarf at the same time, sponsored by SISL Infotech—which saw a revenue of Rs 75 crore in 2015-16—and because of its plan of action, it'll develop at a quick pace," predicts Nangia.

 

The startup's real income streams are Margins on software sold and advertising income from level 1 and level 2 software organizations.

 

 

When Nangia and Mittal established TechJockey, regardless of having constructed a successful organization, getting merchants on their stage was tough. "All setups oppose change at the same time, in case you're sufficiently determined, the change will be invited," says Nangia.

 

The organizers say that given the curiosity of their plan of action in the IT space, they don't have all around characterized guides to take after and are learning by experimentation. "It's a new idea, and we are learning, processing the lessons and applying them. We are getting a charge out of this stage. It resembles an experienced ride with concealed gives in and treasures," says Nangia.

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