Knowlarity expects Rs 75 cr revenue in this fiscal

Start-up firm Knowlarity Communications, which provides cloud telephony services, expects to close this fiscal with revenue of Rs 75 crore.
"We are already 10 times the size of our competitors. We expect to grow by five times over the next 3 years. In terms of revenue we are targeting to cross Rs 75 crore by end of financial year 2015," Knowlarity Communications CEO and Founder Ambarish Gupta said.
The company provides cloud telephony service under which its customers are allocated phone numbers and the service works like an automated exchange. The incoming phone calls are transferred to registered users automatically.

"The Aam Aadmi Party used our telephony platform to launch common-man to common-man political campaigning in Delhi Assembly polls," Gupta claimed.
He said that the service helps organisation scale up their telephony infrastructure without making investment in physical infrastructure.
Gupta said the company has expanded business in international markets -- Singapore, Oman, Bangladesh and Sri lanka and soon going to start in the Phillipines and the UAE.
The company has raised about USD 17 million from various angel investors including Sequoia and Mayfield.
"We are not looking at profits as of now. Our focus is to continue investing in expanding our reach," Gupta said.