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STARTUP<br />
IVR services are a<br />
must for any modern<br />
enterprise looking to<br />
make <strong>the</strong> best of <strong>the</strong>ir<br />
limited resources.<br />
technology that can promote and<br />
accommodate both <strong>the</strong>se trends.<br />
Products and services<br />
We have t<strong>hr</strong>ee main products:<br />
SuperReceptionist is our best-selling<br />
product. This is a virtual assistant,<br />
front office receptionist, lead manager,<br />
and CRM rolled into one.<br />
SmartIVR creates <strong>the</strong> impression of<br />
a professionally managed company at<br />
a low cost. It can help create multiple<br />
departments within<br />
your company. IVR<br />
services are a must for any modern<br />
enterprise looking to make <strong>the</strong><br />
best of <strong>the</strong>ir limited resources. It<br />
provides an option for afterhours<br />
or holiday customers by routing<br />
calls to voicemail or night support.<br />
Unlike conventional IVR systems<br />
that are expensive to install and<br />
maintain, Knowlarity’s SmartIVR is affordable<br />
as you spend for what you use and <strong>the</strong>re is no<br />
excess capacity.<br />
SuperConference is a conferencing system on <strong>the</strong><br />
cloud that gives a high-quality sound experience<br />
connecting teams anywhere, any time. It is secured<br />
with a unique PIN and ID number.<br />
Knowlarity’s flagship products, SuperReceptionist<br />
and SmartIVR, can process over two million calls<br />
an hour. We are a SaaS (Software as a Service)<br />
company with a pay-as-you-go subscription model.<br />
use it to reach out to businesses.<br />
Businesses too would need some kind<br />
of telephony solution to handle <strong>the</strong>se<br />
calls, and <strong>the</strong>y have a choice between<br />
on-premise and cloud telephony.<br />
Cloud telephony has no downtime,<br />
automatically scales up and down, and<br />
gets updated quickly.<br />
Many players have entered <strong>the</strong><br />
market after we got funding from<br />
Sequoia Capital in 2012. Among<br />
<strong>the</strong> prominent players in <strong>the</strong> cloud<br />
telephony space, <strong>the</strong>re are firms<br />
such as Exotel, Ozonetel, Unicom,<br />
SMSlane, and VMC Technologies, to name a few.<br />
But in terms of competition, Knowlarity has<br />
around 95% of <strong>the</strong> market share. However, <strong>the</strong><br />
Indian cloud telephony market is extremely tough<br />
to survive and many players will ei<strong>the</strong>r shut shop<br />
or merge.<br />
Future plans: gaining global presence<br />
Knowlariy is bullish on <strong>the</strong> emerging markets of<br />
Sou<strong>the</strong>ast Asia, <strong>the</strong> Middle East, and Latin America,<br />
where it sees a lot of growth opportunity for<br />
cloud telephony.<br />
We are at present working on improving our<br />
mobile platform and user experience. Our aim is<br />
to provide <strong>the</strong> power of a mini call centre in every<br />
smartphone. We expect to grow five fold over <strong>the</strong><br />
next t<strong>hr</strong>ee years and achieve our interim goal of<br />
becoming a billion-dollar company.<br />
ABOUT THE AUTHOR<br />
Ambarish Gupta<br />
is CEO and<br />
Founder, Knowlarity<br />
Communications.<br />
Indian cloud telephony market<br />
Cloud industry is specially suited for entrepreneurs<br />
in emerging markets which lack proper<br />
infrastructure unlike developed economies. They<br />
need not be concerned about taking care of and<br />
maintaining hardware. They would have a hasslefree<br />
software, managed on <strong>the</strong> cloud which is<br />
1/10th cheaper than installing it on premise.<br />
Owing to <strong>the</strong>se reasons <strong>the</strong> cloud industry is<br />
growing in leaps and bounds.<br />
Today, almost everyone uses a phone, and many<br />
Customer base: The number of customers<br />
grew from 6,500 in 2014 to 12,000 in 2015.<br />
Funding: The startup received a seed funding<br />
of $400,000 in 2009, and angel investment of<br />
$1.6 million <strong>the</strong> next year. Sequoia invested in<br />
Knowlarity in 2012, and <strong>the</strong>y raised $15 million<br />
from Mayfields in 2014.<br />
( As told to Titash Roy Choudhury)<br />
I NDIAN MANAGEMENT NOVEMBER 2015 79