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IKen Solutions

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Product: Mooga
Brand: iKen – Intelligence Personalized
Industry: Business Analytics
Location: IIT Bombay, Mumbai

Started in 2005, with a modest seed capital of Rs. 10 lakh, by Dr. Rajendra Sonar, a professor at IIT Powai, this company that specializes in developing software for business intelligence and analytics, was taken over by serial entrepreneur Sidharth Goel, boasts of clients as diverse as Sony Music and Airtel. Goel claims a US$ 2 million contract with TCS is in the offing and in the forseeable future, iKen plans to raise US$ 4-5 million through the private equity route. In the next 3-4 years, this company has ambitious plans and hopes to achieve a topline figure in the range of US$20-25 million. Currently, apart from India, the company operates in Latin America and hopes to reach other offshore territories in the not too distant future.

Founder: Siddharth Goel, Dr. Rajendra Sonar
Investors: Privately funded, thus far
Key Clients Sony Music, MTV, Hungama, Hungama Mobile, Airtel Sri Lanka, Motorola, Claro (Part of America Movil), BPCL
Top-Line: US$ 2million
URL: www.ikensolutions.com

 

iKen Solutions Team

 

 

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