In 2014, Gaurav Khatri, who had just completed his commercial pilot training, made a pivotal decision to pursue entrepreneurship instead. When Gaurav expressed his interest in this venture, his cousin Amit, a fashion management professional and a supply chain partner for international fashion brands, saw the opportunity for synergy and reached out to him. And, they started Noise.
With their combined vision and expertise, Gaurav and Amit pooled their savings of Rs 7.18 crore ($1 million) to launch Noise in 2014. The Gurugram-based startup quickly gained traction in the market, capitalizing on the rising demand for smartphone accessories. In 2022, Noise became India’s first 1000 Crore revenue D2C bootstrapped brand.
Wingify, the software company behind the popular conversion optimization platform VWO (Visual Website Optimizer), has an inspiring bootstrapping journey led by its founder, Paras Chopra.
The company boasts a team of over 300 employees, serving more than 25,000 clients in 90 countries. With an impressive annual revenue exceeding $25 million, Wingify has established itself as a key player in the conversion optimization space. The platform has gained recognition and numerous accolades, including Paras being featured on the prestigious Forbes 30 Under 30.
FusionCharts, a widely recognized data visualization company, has an interesting journey that showcases the entrepreneurial spirit and perseverance of its founder, Pallav Nadhani. In 2003, at the young age of 17, Nadhani started FusionCharts from his small bedroom in Kolkata, India.
He embarked on the challenging path of bootstrapping the company and creating robust, user-friendly data visualization tools. The company quickly gained global recognition, attracting clients worldwide. Its clients were tech giants such as Facebook, Apple, Microsoft, Google, Oracle, Adobe, IBM, Intel, Caterpillar, Walmart, Vanguard, and many others. Even former US President Barack Obama was a FusionCharts user!
One of India’s most recognized, home-grown software company – Tally Solutions started as a bootstrapped startup. When it was founded in 1986 by Shyam Sunder Goenka, the initial development and launch of Tally’s accounting software were funded by the founders themselves, without any external investment.
Though Zoho is a household name today, it wasn’t so until a couple of years back. The true value of their cloud-based, value-for-money applications only skyrocketed after the pandemic, and also thanks to the positive press it received for opening satellite offices to in Tier-2 and Tier-3 towns to attract local talent. Zoho founder, Sridhar Vembu’s philosophy of building a sustainable business based on customer revenue and profitability rather than external funding has been integral to Zoho’s journey.
What started as a small software development company in Chennai, India, has become a global powerhouse with thousands of employees and customers worldwide. Zoho now offers a 50+ suite of cloud-based applications. In addition, they recently launched their privacy-focussed browser Ulaa, taking on the might of Google Chrome!