Innovapptive
Company Name: Innovapptive
Company Overview: Innovapptive delivers a modern connected worker platform and a suite of application software to improve the working life of frontline workers.
Brand Story: Innovapptive was founded to enhance the efficiency and safety of frontline workers through innovative technology solutions. The company developed a connected worker platform to streamline operations and improve productivity.
Founders & Their Background:
- Sundeep Ravande: CEO and Co-Founder, with a background in software development and enterprise solutions.
- Hari Kamineni: Co-Founder, with expertise in business management and technology.
Company Detailed History:
- 2012: Innovapptive was founded.
- 2013-2014: Developed and launched the connected worker platform.
- 2015-2016: Raised initial funding and expanded customer base.
- 2017-2018: Continued growth and enhancement of product offerings.
- 2019-2020: Achieved significant market penetration and raised additional funding.
- 2021: Successfully exited.
Product/Service Description: Innovapptive offers a connected worker platform that includes a suite of applications designed to improve the efficiency and safety of frontline workers.
Product/Service USPs:
- Comprehensive connected worker solutions
- Focus on improving operational efficiency and safety
- Scalable and customizable platform
Investment Raised from HA: Not specified.
HA’s Roles & Activities in the Success of the Portfolio Business: Hyderabad Angels provided crucial funding, strategic advice, and access to a network of industry experts, aiding Innovapptive’s growth and market expansion.
Post-Investment Percentage Growth Numbers:
- Revenue: Significant increase in revenue through expanded offerings.
- Profits: Improved profitability with efficient solutions.
- Team Size: Expanded team to support growing operations.
- Customer Base: Increased number of enterprise clients.
- Market Share: Gained a strong position in the connected worker solutions market.
