Entrepreneurs from IIT Bombay (2005-2012)
A list of start ups, founded by IIT Bombay students/alumnus.
by Rajshekhar Ratrey
1 year, 11 months ago
1

TRI solution is focuses on educational robotics and embedded system. It was founded in 2005 and then incubated in SINE (Society for Innovation and Entrepreneurship, IIT Bombay).  Currently TRI are focusing to motivate school children and college student toward technology and science, also to provide them hands on experience on cutting edge technology.

URL: http://www.triindia.co.in/
Initial Investment: Rs 2 Lakh
Founder: Gagan Goyel(IIT Bombay), Abhishek Biswal(IIT Bombay)
Founded on: October 2006
No. of employee: 98
Reach: 40,000 colleges
Turnover: Rs. 10 crore
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2

MoFirst is an enterprise mobility and mobile application development company. With a total focus on mobile technology, MoFirst creates industry-leading products and solutions that enhance productivity, business agility and drive revenue growth for our customers. MoFirst's unmatched expertise of understanding, integrating and extending complex enterprise systems with the mobile platform makes it the preferred and trusted mobility partner. MoFirst's early mover advantage, vast experience and focus on remaining at the ‘bleeding edge’ of all forms of mobile technology has enabled it to develop a wide range of mobile solutions for customers in various industry verticals spread across 4 continents. MoFirst is ranked as a leading mobile software company that offers mobile solutions for leading smartphones platforms including iPhone, Android, BlackBerry, Windows, Symbian, J2ME, etc. It undertakes projects to develop applications in the field of enterprise solutions, utility, media publishing, sports entertainment, social networking and gaming. MoFirst is an ISO 9001:2008 certified and Red Herring Asia 100 Winner company.

Initial investment: Bootstrapping and Angel Funding 
Founder/s: Akash Dongre, Rakesh Deshmukh, Sudhir Bangarambandi
Founded on: Dec, 2008
Team strength: 45 
Reach / users: More than 50 enterprise clients globally. Some of the key customers include – Reliance Industries, Nokia Siemens Network, Etisalat Telecom, Emaar Properties, Loop Mobile, Webaroo Technology, Muthoot Fincorp, 3i Infotech, Patni Computers, Telfrance group, Hurix Systems, Motilal Oswal Securities, ACK Media etc
Business description MoFiST aims to provide secure mobile phone based e-commerce transactions and has developed ...
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3

ideaForge, a company founded by three IIT Bombay alumni, is incubated at SINE IIT Bombay. ideaForge is in the business of developing alternative energy charging devices for various consumer electronic products and developing high end technologies in the field of autonomous aerial vehicles.

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4

Started in 2008 by two batch-mates from IIT Bombay, Kashyap Dalal and Navneet Rai, Inkfruit began as a crowd sourcing platform where artists from all over the world could contribute their creations and only the best would be curated by Inkfruit to feature on its product range. Today Inkfruit offers products across the segments of Apparel, Accessories, Footwear and Home Decor, many of its products carry designs which are contributed by the community of artists. Inkfruit offers its customers products with amazing designs, the best quality and at a price that provides great value. The online model of selling directly to the customer and avoiding retail costs enables Inkfruit to deliver the best value to customers. This reflects in the high repeat customer contribution in the business. As a brand and company, Inkfruit is driven by the words "be interesting". This is most visible in the kind of products created, and is at the heart of Inkfruit as a brand. www.inkfruit.com Rank among the top 300 most trafficked websites in India Largest Online T-shirt Store in India First and Largest single brand online product company in India Over 8000 SKUs available 1500000 visitors every month 1000 daily items shipped 150 member team info

IIT Bombay batch mates, Navneet Rai and Kashyap Dalal went separate ways after graduating but ...
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5

Madrat Games was founded by a team of 3 IIT graduates. They moved from the software world to teaching young children at an alternate education center called Rishi Vally School for 4 years. Their flagship product is AKSHARIT- The 1st Indian Language Word game. It has Reached 2500 schools in 1.5 years. They have also launched for Mobiles, tablets and Google's ChromeStore.

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6

Computer masti ("Masti" means fun in hindi) is, a collaborative efforts of SINE IIT bombay and inOpen technologies. With a primary goal of nurturing thinking of a child, CM(short for computer masti) develops content on computer learning for school children with extensive research.

an interactive way of learning computer using Open Source
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7

Ola cabs (www.olacabs.com) was founded by two IIT bombay graduate Bhavish Agarwal and Ankit Bhati in 2010, service went online with in decembed 2010. Its a venture for online car rentals and cab services under ANI Technologies. Olacabs currently has a web portal, a mobile optimized site and a 24×7 customer service centre. It claims to offer iOS and Android apps as well. Recently it has raised Series A funding from Tiger Global partners. Yet Exact amount of the funding is not disclosed by founding members. Their current competitor Savaari Car Rentals Pvt Ltd (a bangalore based Start up) also has just raised Rs 5 Crore in a series A funding from Inventus Capital Partners 

Referencemedianama.com 
                   economictimes
                   pluggd.in
Bhavish Agarwal, CEO & Co-Founder at Ola Cabs, pitching at e-sparks, 2011. Olacabs.com is a ...
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8

HighOnTravel strives to reach out to special stays tucked in the most scenic locations, traditional art forms that find expressions in unknown hinterlands, cultural events intrinsic to specific areas and every bit that contributes to making a holiday unusual. HighOnTravel promotes slow travel in India emphasizing on correlating travel with an experience. Whether it is wilderness, adventure, music, food, or just the perfect setting for a reading holiday, HighOnTravel offers a broad canvas to conjure up an unconventional holiday. Travelers can book these unique holidays and experiences through HighOnTravel.com. A breed of travelers wanting to live more - talk less, see more - respond less, feel more and freak nevertheless. 

Founder: Chirag Bhandari (IIT Bombay), Rakesh verma(IIT Bombay)
Functional since: July 2011
No. of employees: 6
Entrepreneur Chirag Bhandari knows what he is creating through his venture - a unique holiday experience ...
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9

Starting from Noida Sankalp Agrawal (IIT kharagpur) and Sanchit Garg (IIT Bombay) is clocking revenues of Rs 1.2 crore in just seven months. At Travel Triangle, customers can find best travel deals available in the market and provided by many individual travel agents. On submitting the query, he gets 4-5 competing quotations from best travel agents. 

TravelTriangle.com covered by YoungTurks, CNBC TV18 from IIT Mumbai's Entrepreneur Summit 2012. Short ...
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10

Viral Fever is an initiative of IIT Kharagpur and IIT Bombay alumnus. As there motto "One stop entertainment on the net", they tend to make spoofs of popular TV shows and Movies. As their 1st successful attempt they have made a spoof of M-Tv Roadies as Rowdies-9. At this moment not much information is available, i will update the details as soon as i have some. Enjoy the Video 

Visit us @ http://www.theviralfever.com Like us @ http://www.facebook.com/sabqtiyapahai Follow us ...
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11

Honor foundation is a not for profit organization, which current focus on betterment of societies with sustainable and substantial changes. Key areas where foundation is focusing is Micro-financing, Vocational training and organic milk production. 

Founding members: Rajshekhar (IITB), Rameshwar (IITB)
To help a large unnoticed chunk of Indian society.
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12

Tushky.com is an e-commerce marketplace to discover, book and offer unique local experiences, tours, getaways and activities, in or around the cit.. These experiences are aggregated from hand-picked local experts who are vouched for, in their area of expertise URL: www.tushky.com

Initial investment: 5 lakh
Founder: Talvinder(IITB) 
Founded: July 2011
No of employees: 10 
Reach: 30k users and 10 corporates with 4 among fortune 1000
Tushky.com, Mumbai's No. 1 site for unique activities, tours and getaways; brings to ...
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12
Sections
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1. [2006] TRI Technosolutions
2. [2007] MoFirst Solution
3. [2007] ideaforge
4. [2008] inkfruit.com
5. [2009] MadRat Games Pvt Ltd
6. [2009] Computer Masti
7. [2010] Ola Cabs
8. [2010] High On Travel
9. [2010] Travel Triangle
10. [2011] The Viral Fever
11. [2011] Honor foundation
12. [2011] Tushky
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