The two day Nasscom product enclave kickstarted in Bangalore on Wednesday. Standing true to it’s name. More than 1,000 IT delegates were present on Day 1. Across various session, founders of Redbus.in and One97 spoke about the early days of their internet ventures.
“We began with distributing pamphlets in the beginning of our business” said CEO or Founder of Redbus.in, Phanindra Sama. Making people trust on an online bus ticketing portal was one of the most difficult task but being physically available for customer query was an effective strategy adopted by the company recalls Sama.
Vjay Shekhar Sharma, of One97 also shared his experience. Grabbing the right opportunity and striking a revenue sharing deal with his partner proved to be the right step for Sharma’s business. “My partner and I decided to share 50-50 of the revenue, for the business, he gave me the money and I gave him the Infrastructure, and there’s been no looking back since then”