Capillary Technologies
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| Company type | "Customer Engagement Solutions" |
|---|---|
| Industry | Retail and Customer facing Businesses |
| Founded | Bangalore, India (August 2008) |
| Headquarters | Singapore |
Number of locations | 10 Offices |
Area served | India, Dubai, United Kingdom, United States of America, South Africa, Singapore, Malaysia, Greater China, Australia & New Zealand |
Key people | Krishna Mehra, Aneesh Reddy |
Number of employees | 800 (Nov 2016) |
| Subsidiaries | Capillary Solutions FZ-LLC (Dubai), Capillary Technologies Ltd (UK) and Capillary Technologies Singapore PTE. LTD. |
| Website | http://www.capillarytech.com |
Capillary Technologies is a software product company, which provides cloud-based Omnichannel Customer Engagement, eCommerce platforms and related services for retailers and brands It is headquartered in Singapore.[1][2]
History
Capillary Technologies was founded by Aneesh Reddy, Krishna Mehra and Ajay Modani in 2008.[1]The co-founders are alumni of Indian Institute of Technology, Kharagpur (IIT-KGP). Before founding Capillary, Aneesh worked at ITC Limited; Krishna was with Microsoft Research and Ajay with Danieli.[3]
Incubated in IIT Kharagpur, Capillary began its operations in Kolkata and moved to Bangalore in May, 2009.[4]
In July 2016, Capillary expanded its operations to retailers in China[5]
Funding
Capillary started with a funding of 1,00,000 Indian rupees by the co-founders themselves. It later received a funding of 15,00,000 rupees from Entrepreneurship Cell, IIT Kharagpur[6] In September 2009, Capillary received a funding of $100,000[7] from Qualcomm Ventures.[8] Capillary has also raised funds from a group of angel investors, including the high-profile angel investor Rajan Anandan, Head of Google India; Venkat Tadanki, CEO of Secova; and Harminder Sahni, founder of Wazir Advisors.[9]
Products
Capillary provides a vaguely-defined product called "end-to-end customer engagement solutions"[clarification needed] to retailers and consumer facing businesses.[10]
Subsidiaries
In 2011, Capillary has expanded its operations to Dubai, United Kingdom and Singapore. Capillary’s international operations are run under its subsidiaries Capillary Solutions FZ-LLC (Dubai), Capillary Technologies Ltd (UK) and Capillary Technologies SG PTE. LTD.[11]
Awards
- QPrize 2009 – India Winner[7]
- TiE Entrepreneurial Excellence Award[12]
- NASSCOM EMERGE 50 – League of Ten[13]
- Techcircle Fastrack 2012[14]
- Forbes 12 hidden gems 2013[15]
References
- ^ a b "Capillary Technologies Pvt Ltd.: Private Company Information - Bloomberg".
- ^ "Capillary Technologies - Warburg Pincus".
- ^ "How Capillary Technologies turned Lehman Brothers collapse into a boom - The Economic Times".
- ^ "The IIT that has given birth to a number of successful start-ups | Business Standard News".
- ^ "Asia's leading omni-channel CRM provider Capillary Technologies expands in China market".
- ^ "The amazing success story of an Indian garage start-up" Rediff News
- ^ a b "Capillary Technologies secures $100,000 in seed funding" Silicon India
- ^ "Qualcomm Ventures Portfolio" Archived January 9, 2012, at the Wayback Machine
- ^ "Angel-backed Cloud Start-Up Taps Retail SMEs For Growth" VC Circle
- ^ "Kirana On The Cloud" Archived February 27, 2012, at the Wayback MachineBusinessworld
- ^ "The Capillary Story" Archived November 23, 2011, at the Wayback Machine
- ^ "Creating a bigger aura for start-ups" Archived May 21, 2012, at the Wayback Machine CIOL
- ^ "Global Spotlight on Indian Technology Product Start-Ups" Economic Times
- ^ "India's Hottest Startups: Announcing Techcircle Fastrack 2012 Winners" Techcircle.com
- ^ "Forbes India 12 Hidden Gems forbesindia.com