| Business Basics |
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| Company Name |
ValueMinds |
| Founded in |
2006 |
| Headquartered in |
Hyderabad |
| Company website/URL |
www.valueminds.com |
| Industry |
Software Testing |
| Stage of the company |
Have prototype |
| Source of idea |
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| Awards & honors |
Best Innovation of the Year Award, 2007 from Hyderabad Software Exporters Association. The award was presented by Mr. Som Mittal, President, NASSCO...> Read more.. |
| Awards & honors |
Best Innovation of the Year Award, 2007 from Hyderabad Software Exporters Association. The award was presented by Mr. Som Mittal, President, NASSCOM and the award process was certified by Ernst and Young.
On 16th October we were presented Testing Thought Leadership award on the Test2008 conference held at Delhi, represented by 15 nations.
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| Partnerships & Tie-ups |
Member of Hyderabad Software Exporters Association (HYSEA) |
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| Business description |
| Our main product TestersDesk.com provides a suite of online system-independent tools and utilities to help software testers in the areas of test design and test data generation. We are founded on the fact that technology is not exploited well in Software Testing, resulting in the lack of quality and in delayed delivery of most other software based innovatio...> Read more.. |
| Our main product TestersDesk.com provides a suite of online system-independent tools and utilities to help software testers in the areas of test design and test data generation. We are founded on the fact that technology is not exploited well in Software Testing, resulting in the lack of quality and in delayed delivery of most other software based innovation. We complement the existing testing tools, and are set to be the defacto online tool platform for Software Test Engineering.
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| How does the business make money? |
We have planned to make business in three ways:
Online Premium Membership - for individuals to subscribe and enjoy all the features and benefits of the online platform, unlimited.
Online Dedicated Hosting - for companies to have a dedicated instance (with no restriction on the number of users) hosted and managed by us.
In-house Deployment Solution - for enterprises to have TestersDesk setup as a local application inside their corporate firewall and be accessed by its users internally.
[The basic business model is to constantly Research / Innovate / Implement / Consolidate / Deliver an array of tools that enable smarter software test engineering] |
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| Team information |
| Ranganath Parankusam - Ranganath Parankusam, an experienced Chartered Accountant, is an independent director for ValueMinds, supporting from the outside. He brings valuable management practices to the company. Ranganath is a consultant on several financial services and is also a director in several startups in the region. |
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| Competition |
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| Competitors |
Testing product vendors like HP Mercury, IBM Rational etc. |
| How different is your product or service? It has... |
No substitutes available |
| In what way is your product or service different? |
We innovate and implement our features in the area of Software Test Design, while the current market tools address Test Process and Automated Test Exe...> Read more.. |
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| By The Numbers |
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2006 |
2007 |
| No. of employees |
0-5 |
6-15 |
| No. of locations |
0-1 |
0-1 |
| No. of customers |
Did not exist |
over 50 |
| Turnover |
Did not exist |
Did not exist |
| Profits |
Did not exist |
Did not exist |
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| Primary source of initial funding |
Personal savings |
| Primary source of additional funding |
Personal savings |
| Raised institutional capital? |
No |
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| Why is this startup hot? |
It brings a new type of satisfaction to Software Testers (and therefore to all end users of software) in the activities of Test Design (like reducing exploded test combinations, documenting test cases and more).
The fact that it is an online toolbox makes no local installation hassles besides bringing in new paradigms like SAAS and OnDemand tooli...> Read more.. |
It brings a new type of satisfaction to Software Testers (and therefore to all end users of software) in the activities of Test Design (like reducing exploded test combinations, documenting test cases and more).
The fact that it is an online toolbox makes no local installation hassles besides bringing in new paradigms like SAAS and OnDemand tooling in the area of Software Testing.
It is a first of its kind technology product for testers all over the world, from India.
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| What keeps the team awake at night? |
| The fact that we have started to change the way how Software Test Designing is done, and the status that our job is not finished yet. |
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