Kuvera | Senior Software Engineer | Bangalore, India | Full Time Onsite
Kuvera is a goal based investment platform to simplify investing for Indians. We're offering investments in "direct plan", for free. No fees, no commissions. We'll eventually launch paid tier for various PMS, AIF, and Advisory Services.
We've seen huge growth in last few months, since launch of our new platform. Recently we've raised angel funding of $250k. At that time we were managing about 250 Cr. INR (about 2.5 Billion INR) in assets.
Be part of our journey, and help retail Indian investors manage & grow their money better!
wow!! This is crazy. Been sleeping on this idea for the past 3 months or so. But for my day job, I would have definitely taken a stab at it. kudos for starting this.
There are two subtle aspect of the game. Both based on simplicity. First the actual rules of the game. Just like angry birds almost anyone can pick it up and start playing from the word go. The other is about the platform (read iOS) that helps you treat a simple action like flicking a tile such a joy.
I was so intrigued by the first part that I actually cloned the app so I could use it on non iOS platform. But the beauty of the app just could not be reecreated. It was just a hack and made in two days with not much thought into the ui. FYI, the clone is at http://letter-press.herokuapp.com
Same here.when I started 2 years I did want to do lifestyle business, but 6 months later realised that phrase
Has different meaning for different folks.
Same here. I am sure EngineYard will use this opportunity to provide services on micro-instances. It's going to be a big boost to EngineYard. Heroku, not as much I guess since they anyway run multiple dynos on a single m/c.
If only it was that simple to take a well beaten idea (selling stuff) and re-position it with a recently successful platform (posterous) and hope for its succeeding on the back of the platform.
I am actually amazed by so many people praising it, comparing it to MVP, and debating on the pricing model, but are failing to see if there are any real takers in the fundamental idea (selling stuff)??
Sorry, but I just do not see any innovation here that may warrant its decent traction.
Nice summary. Completely agree to your points. The reasoning of value network may not directly apply to Apple, but yes Nokia was in the right position to make as much impact if not better than what Apple did with iPhone.
I wouldn't consider Nokia as having adapted to disruptive technology. I think Nokia's example is similar to 3M's. IBM may be a right candidate, but I wouldn't agree that it has adapted to disruptive change. Yes it has survived through it.
I have used google app engine for several projects. Most recently for http://www.smstweet.in This basically helps Indian mobile phone users to update their twitter status by sending a simple SMS at negligible price.
Overall I feel GAE is very good to quickly validate your core ideas without having to worry about scalability at all. In SmsTweet I created the app in couple of days and as traffic grew, started optimizing little by little by using Tasks and Memcache. Yes there are a tonne of restrictions if you chose GAE, but there are decent workarounds for every one of them. You also have to learn stuff specific to GAE (datastore, tasks for example), but I guess they are trivial to pick up.
And finally if your application does pick up traffic you can easily convert it to paid version and pay only for the extra traffic that you get. So a win win situation for you.
I created a similar app, but primarily for India (using India local number). But it should work internationally also if you are willing to pay international SMS charges (don't know at what premium). I've hosted at appengine first to see the response http://sms2ping.appspot.com Do let me know if someone tries it. BTW I get a response message free so am not paying to send out messages as response
India has definitely progressed in the last 5-6 years, but to emulate a startup ecosystem like the valley takes a lot more time. Fred Wilson had a good article on this the other day. Valley today is what it is because a lot of ventures and startups happened around the 70's. India is seeing that kind of growth only today.
I would say atleast 10 more years before you can have a Techcrunch 50 in India at the same level as it happens in US