Last month, I embarked on a project to track down the many startups who have been showcased at Proto.in since its inception and find out what they have been up to. I met with limited success. Many of the emails sent to people listed as ‘contacts’ on Proto.in’s website bounced back and some did not write back. Still, I managed to get a few responses and those were pretty good. Thanks for making the time. In the next few posts I will be rolling out the stories that they have shared about their journey since the showcase. Here goes the first batch:
Headquarters: Bangalore. Space: Business Intelligence software solutions. Founder: Anup Pai. Headcount: 32 (as on November 28, 2008). Funding: Rs 50 lakh from undisclosed angel investor.
Since its showcase in January 2007, iCreate has added three new business intelligence solutions — BizScore, ADS, inCollect — and developed its own delivery platform. Pilot installations for BizScore and ADS have been completed. It has also added four new customers and its focus markets are West Asia, South Africa and South East Europe. Pai claims that the company has been profitable since October 2007. The company, which started up in 2006, was seed funded (amount not disclosed) from Pai’s personal savings. In 2009, iCreate hopes to emerge as a leading provider of business intelligence solutions and services to the banking industry.