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Faad Network • 3d
Failed in his first startup, No customers for two years, builds a 16,000 CR company. 1. Jaspreet Singh did something unbelievable while on a student exchange trip to Germany. He launched an Indian food delivery app for his hostel. Although the startup did not work, the entrepreneurial bug had bitten him. After working as a technical member at Veritas in India, he identified a problem. ⬇️ 2. Employees created and stored critical business data, but they never backed it up for security. Traditional tools, such as Veritas, EMC, and IBM Tivoli, were complex, heavy, and designed for IT administrators—not suitable for mobile workforces. Jaspreet wanted to do something. 🤔 3. Pooling savings of about Rs 30 lakh, he rented out a room with a Veritas colleague(Milind) in suburban Pune. At the age of 26, he wanted to build a company creating disaster-recovery software for data backups. In 2008, Druva was born. 🚀 4. Jaspreet started, but never got a customer for two years. They wanted it only for their laptops, and his software could not support it. He had to pivot to manage 80% of the data on laptops with 90% less bandwidth. He relaunched his product (Insync) with deduplication and incremental sync, and magic happened. 🪄 5. In April 2009, Druva signed its first large customer, Capita Plc, a service provider to the UK government, for Rs 61 lakh. As he launched Druva Phoenix for remote servers, he raised 22 CR led by Peak XV. And then he got the big fish in March 2011. 👇🏻 6. NASA, dealing with over 5,408 computer security lapses, was seeking a data protection solution, and Druva knocked on the door. As it converted NASA along with Louis Vuitton and Xerox as customers, it raised 55 CR led by Nexus Venture Partners in 2011. 💸 7. Druva transitioned to the cloud, becoming a data management platform. By 2013, it had grown to 2100 customers managing data across 17 lakh devices. As it went beyond laptops and scaled to 4,000 customers with a quality score over 82, it raised 339 CR in 2016. 💰 8. As the world shifted to Kubernetes, Druva continued to scale with Kubernetes backup & recovery, and the big moment arrived on June 19, 2019. As Druva raised 902.5 CR led by Viking Global, it became India's 17th tech unicorn valued at 5340 CR. 🦄 9. Today, Druva works with over 5000 clients, managing 7 billion backups per year and 450 petabytes of data. Working with clients like Marriott, Hitachi and Zoom, it is worth 16,668 CR today. 📈 ➡️Druva means "North Star," and Jaspreet Singh has truly led his company in that spirit. 🙏
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Faad Network • 2m
Started from a village in Tamil Nadu and built an 8500 CR company. 1. Born in the rural foothills of Pachamalai in Tamil Nadu, Arulmany Duraiswamy used to manage oilseeds orchards, helping villagers overcome financial gaps. Honing his knowledge furt
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Faad Network • 22d
Gave 82% of revenue to employees and built a 2350 CR company. 1. After graduating at the top of his MS class in Quantitative Economics from the prestigious Indian Statistical Institute, Sayandeb Banerjee joined GE Capital's analytics centre (then kn
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Faad Network • 1m
Never took any money for 15 years and built an 8900 CR company. 1. Born in Chennai to an accountant father and a homemaker mother, Venkat Viswanathan was always interested in technology. So much so that in 1990, while studying engineering at IIT Mad
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Faad Network • 1y
Meet the man who started at 22 and is worth 27,000 CR today. 1. At 24, Ajay Piramal had to take over his family's textile - Morarjee Textile Mills, in Bombay after his father passed away. To worsen things, his elder brother parted ways and took thei
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Faad Network • 11m
Meet the man from Chennai who built a 5000 CR company after his father died. 1. Born in the coastal town of Cuddalore, Tamil Nadu, Chinni Krishnan Ranganathan was deeply inspired by his father, who pioneered selling shampoo in sachets. At the time,
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Faad Network • 16d
Failed twice, built a 28,000 CR company, gave 100 CR to IIT Bombay. 1. Growing up in a business family in Surat (Gujarat), Ritesh Arora had entrepreneurship in his blood even when he reached IIT Bombay to pursue computer science. With his college ma
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Faad Network • 2m
Left his high-paying job in the UK and built a 13,700 CR company in India. 1. Born into a family of professors, Jaydeep Burman did not disappoint. He pursued mechanical engineering at IIT Kanpur, followed by an MBA at the prestigious INSEAD school.
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Faad Network • 2m
Paid employees 5% extra, left his own salary and built a 4167 CR company. 1. After studying Chemical engineering at the prestigious IIT-BHU, Shub Bhomwick surprised everyone when he started his career not in tech but in manufacturing as a productio
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Faad Network • 1y
Meet the man who left his high-paying US job and built a 60,000 CR company in India. 1. Anand Deshpande had been an ace student. He cleared the entrance exams for NDA and MANIT but opted to study computer science engineering at IIT Kharagpur. He mad
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