Indian startups are often accused of chasing hype instead of profitability. Part of that means they go after investors with deep pockets. However, some have managed to survive for years without any external money.
Here are a few Indian startups that started out with their own funds and had the gumption to stay the course:
Offering online bookings and holiday packages, this Chandigarh-based startup claims to offer the cheapest prices available for tours – offline or online.
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Software products company Zoho Corporation was founded in 1996 by Sridhar Vembu. Based in California and Chennai, it has a 3,000 strong workforce.
The company makes the popular Zoho Office Suite, a set of office productivity applications that has 15 million users.
FusionCharts is a data visualization company based in Kolkata and Bangalore. The company helps create smart charts with animation, designs, and interactive elements for companies.
Founded in 2002 by Pallav Nadhani, who holds a masters degree in computer science, it has more than 24,000 customers and 500,000 developers using it in 120 countries.
Founded by former Motorola employees Onkar Singh and Prakash Gupta, 42Gears is an EMM solutions provider, which help businesses manage and secure their mobile devices.
They cater to more than 5,000 companies across 90 countries.
This is an excerpt from Tech in Asia. You can read the full article here.