A journey of a middle-class boy from Steel City
A http dream born at college campus finds wings after a year and becomes a fascinating reality in a little known city of a lesser known state. Bootstrapped in 2009, Globussoft has 5,000 customers in more than cheap jerseys 50 countries across 5 continents and over 2 million users who consume its services via the web/mobile today. It touches the lives of over 50 million internet users globally with products and services.
Riding the Digital Revolution Wave
The world stated seeing computers around in the 1950s. Internet Protocol Suite was designed in 1982, and by 1995 the internet was opened to all grant everyone access to the new technology. This was the beginning of the digital revolution. In terms of digital communication, in 1993, only 1 % of the world’s communication was carried out Jerseys using the Internet. By 2007, more than 97% of the world’s communication was being made through the internet and the World Wide Web.
This was the time when Sumit Ghosh, a young engineering student graduate from Bhilai, Chhattisgarh was dreaming of starting a software development company in a place where IT was starting to register its presence. Sumit Ghosh, Founder & CEO, Globussoft, saw the digital revolution coming fast. He knew the digital marketing space was expanding every passing moment. He knew then that he didn’t have any resources but just a dream and conviction to march ahead. So he took up the knocking opportunity to work with TCS through campus placement.
A Dream Calling
After about a year and a half with TCS, Sumit got a job offer letter from Microsoft IDC (India Development Center) based out at Bangalore. It was a very lucrative offer with a handsome package and greater learning opportunities. But destiny had something else in store for him. At the peak of his career and with a dream job in hand, Sumit left TCS and politely In turned down the offer from Microsoft to return to the greatest dream he had cherished in his college days. “I floated my dream company, while I was still in 5th semester of my BE Degree, with 5 of my friends. We started in our garage and had no idea what we were doing. We could feel the pulsating digital marketing world. We just wanted to start something of our own in this domain and Globussoft was born. I booked the domain and created a bland site (by today’s standards) and voila! We were in Business”, recalls a nostalgic Sumit.
The Early Days
Seeing the digital marketing platform as the playground for brand to communicate and connect to, Sumit and his team started building software applications via online marketplaces like elance.com, cheap jerseys freelancer.com etc. as that was the only thing they knew. But it gave them a lot of exposure about many things of the online world, how things worked online and how to build a business and company online.
The company started picking up and delivering the projects in wholesale jerseys China the digital media space and developed the core competency in building innovative and cutting edge technology products for the digital marketing industry. While other friends parted ways for personal or family reasons, Sumit forged ahead and along the way Globussoft formed strategic partnerships to form JVs like Frompo, AuraRank, Shopify, Zuckup bringing out highly innovative and differentiated products in the digital marketing domain. Globussoft also partnered with leading global companies like Microsoft, Apple, Cisco, Zned, Oracle, Dell, IBM etc. to continue developing exceptional software products.
From A Learn Startup to Being the Largest Software Exporter of the State
Today after 5 years of inspection, Globussoft Technologies is a CMM – Level 3, Nasscom Certified, ISO 9001-2008 Certified, Microsoft Gold Certified Software Products Company touching lives of over 50 million internet user globally with Digital Marketing, Social Media Management, Local Search Marketing, Social e-Commerce, Deal Aggregators, Social Gifting, Social Dating, Vertical Search Engine, Education/Learning categories etc.
The company has also helped a lot innovative startups like chatmeter.com, cardtruth.com, groupinion.com etc. build their Minimum Viable Products (MVPs) as a strategy directed towards making and selling a these novel to a customer base.
Remarkably, Globussoft has been largest software exporter from the state of Chhattisgarh for last three consecutive years while its business is valued at $10 million USD today. It also registered a 400% growth in annual revenues for FY2013. Interestingly, Globussoft is also one of the few technology companies in India that have hired a CTO from Russia to head its technology division that too at a lesser known town like Bhilai – its headquarter.
The journey has been challenging and the company learnt long ago that if it had to makes its mark it would have to offer exceptional quality software with world-class customer support at the most reasonable price every single time for every single product it launched.
“As a startup we aim to conceptualize, design, and maintain efficient, effective, reliable, and scalable software products that simplify, optimize and deliver on diverse digital marketing requirements so that our customers remain focused on their core business while operating at the very edge of technological possibility”, says Sumit.
Who are you? Who is Sumit?
I am Sumit Ghosh, I did my BE in Computer Science from BIT, Durg. Worked for TCS for a year and then founded Globussoft in Bhilai, the steel city of Chhattisgarh India.
As a person, Sumit is a geek at heart who is passionate about technology and latest happenings in the tech industry and has a dream of building a billion dollar business from India right here in Chhattisgarh.
What inspired you to come in the field of Software Products Industry?
I was passionate about technology from school days, I learned programming very early in school, I think in class 5th. I used to code freelance projects in college and make some extra income and that’s where this whole idea of entrepreneurship and building a company in the software product space came to my mind.
IT/ Software business is labeled as virtual business, how do you explain that?
I don’t think it’s a virtual business, although software products can’t be touched and felt like brick and mortar, but a software company is very much a real business. We have real offices, real employees writing code, real customers who buy our products etc. So it’s very much a real business.
How do you acquire customers?
We are an internet based business, all our customers find us online via different online marketplaces and we find them there. It’s completely online; we haven’t met any of our customers physically. That’s the beauty of building an online business.
Who helps you to get business-individuals or government agencies? How many clients you have globally?
All our clientele have been acquired world! so far through our own personal efforts. We have reached a clientele of approximately 5,000 customers in 50 countries in past six years. Till date as far I can recall we haven’t got any help from the local government except company registration and company affairs. But we look forward for some government contracts and projects in the future, so generate local employment and increase our revenue as well.
Don’t you feel any threats in working with clients aboard? How do you guarantee the payments from them?
I believe and trust my customers and we have faith in the online marketplaces we use. We used protected and secure payment systems like escrow which protects both ourselves as well as our customers.
What does Globussoft do for corporate social responsibility?
Every year Globussoft recruits and trains around 1000 people, who get trained and skilled in latest cutting edge technologies and get to work on world class products. These opportunities are difficult to find in a small city like Bhilai and in a newly formed state like Chhattisgarh. Globussoft takes pride in being a preferred technology employer in the state. Other than providing jobs, we also provide free training to college kids in their internship programs and give them real life exposure to software industry every year.
Recently ‘Socioboard’ got selected for prestigious Nasscom TOP 50 Emerge companies’ award. Tell us more about it.
Socioboard is our product which helps brands and businesses better understand social media and take actions based on actionable insights. Every year India’s software industry body Nasscom selects 50 product startups and shortlists them and Socioboard was one of them this year. We are quite excited and happy about it and we are the only company in Chhattisgarh to get this award.
What do you feel about the software industry’s future under the primeministership of Mr Narendra Modi?
I think Prime Minister Narendra Modi has a grand vision for India. Especially his ‘Make in India’ program would encourage more Indian product companies and Entrepreneurs to start companies in India and build software for the Indian market as well as the market abroad. I could only say that the future looks very bright under this leadership. All he needs to do is fix the bureaucratic hurdles and empower the entrepreneurs to do what they want and then there is no looking back.
If you get an opportunity to suggest something to him, what would be that?
Well, my suggestion would be to create a single window system for all company creation procedures, right now the process is very complicated and it takes a lot of time and is quite taxing for entrepreneurs. It should as easy to create and shut down a company like it is in the US. The next would be to update the legal framework and make laws which can help entrepreneurs build IP and file patents easily etc, basically create a robust legal cheap jerseys and bureaucratic framework to ease the hurdles of entrepreneurs.
What are your thoughts about future of tech industry and how are you preparing for it?
Globussoft is currently focused in Social, Mobile, Analytics and Cloud technologies. We are quite cheap nfl jerseys bullish about Big Data, IoT
(Internet of Things), Digital Crypto currency like bitcoin, litecoin
and also on Augmented and Virtual Reality. We are building products and competencies in these industries to keep up with the ever evolving tech industry.