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Tag Archives: ICICI
The incredible story of how I co-founded one of the first mover Companies in the Mobile VAS business in India and China – how VC greed took over – how I the founder was actually thrown (dragged) out of my own Company and how in the end – all was well that ended ‘badly’… Continue reading
..For almost 3 decades, there had been no exports since pricing just was not viable. In about 2 months after I joined, Manmohan Singh presented his dramatic ‘liberalization’ budget and massively devalued the Rupee! All of a sudden, Indian exports became a possibility and over the next few years, our family business grew into a very profitable, highly export centric business (that was also tax free)!…
….He said ‘ Alok, Intel wants to be the first advertiser on Contests2win.com because Intel believed that encouraging new web ideas was critical to growing Internet and computing penetration and this was a gesture in that direction’. He just said, ‘Add an Intel banner on the home page and bill us Rs. 5000 per month. No metrics, no questions, no click thrus and no reports required’. I was speechless….
…I was ignorant, he was a chance taker – that one game he sent to AG created such a massive rush of American traffic to our site, that in 6 months we had changed our business model completely to a Made in India, Sold in the USA story….