Tvm: Waybeo Technology Solutions, a TBI incubated company has opened a 100% subsidiary in UK to serve the European customers locally. Waybeo was the 98th company to join TBI in December, 2010. The company had just last month passed the Technopark Expert committee review to move from the pre-incubation stage to join the Technopark Business Incubator.
Talking to Kerala IT News, Shiv Shiv Shankar M S, ED & CMO, Waybeo said, “We aspire to have global products and consulting practices from India in emerging industries like IP communication. To have global products from India, we should be in the forefront of the global think curve. Most of Waybeo’s clients for their product ‘Bounzd’, an interactive web voice engine, are from UK, Europe & US and it makes sense to be there. One of our team members will be working from the UK office and Waybeo is planning to hire locally in London for marketing purposes.”
Waybeo Team’s entrepreneurial spirit was evident when they found the company in December 2009 by raising the initial capital of Rs.6 lakhs by selling T shirts in Engineering colleges across Trivandrum to buy computers and get a small portion of a house for rent to run the office. “We are running a bootstrapping model. We take small custom bespoke projects and using the funds generated in such a way, invest for our product development. We are focusing on two verticals viz, wireless and healthcare”, adds Shiv.
Waybeo has launched the beta version of Bounzd and is currently installing it into some websites of their clients for the real time testing purposes. The official launch of the product is expected to be done later this month at the India IT Soft event in Pune.
A P Bushairusalam, CEO, Waybeo said, “Our wireless team, which is based on IP based communication (4G) domain, has successfully delivered custom solutions to various companies in the last one year including a giant telecom company based in Denmark. Bounzd is a click to call widget based on SIP and other auxiliary technologies, which enables, the website visitors to call the customer care team or authorities of that website in a single click”.
Nithun KV, Krishnan RV Iyer, Manu Dev, Bijoy BS and Biju Kanakasseri are the other members of the team which aims to build a global giant from Kerala. The company presently has about 30 people on its rolls.
Kerala IT News