by Paul Joseph
February 2, 2012
Featured
For all you people out there, who can charm their way through, with a good sense of humour and a way better definition to ‘wit’, here’s a chance for you to get your words viral! Witcraft Marketing Private Limited, a startup by Apoorv Jain and Harsh Snehanshu, graduates from IIT Delhi, was launched in November 2010. They went on to launch their own web portal and named it thewittyshit.com . Being next door neighbours in college was destiny’s way of bringing about the launch of this venture that currently caters to 25,000 active users. With the key ingredient being ‘your wit’, thewittyshit.com gives you the perfect blend of a networking platform, branding contests, corporate clients, and an opportunity to get your one-liners merchandized and pitched across to ad-agencies to fetch you a humble share of your smartness in cash or kind. In an exclusive interview with YourStory.in, TheWittyShit (TWS) founders tell you how it all happened for them and how you could also make it happen! Hello guys… Tell us a little about yourself. Apoorv Jain : I was pursuing B-tech in Civil Engineering at IIT Delhi. Harsh and I were next-door neighbours at college. We graduated in May 2011. I am currently working as the Co-founder and Director at thewittyshit.com , the HR head at NSS-IIT, Delhi Chapter and as the Advisor at Aahvahan, an initiative to reduce illiteracy. In the past, I have worked as the General Secretary at NSS-IIT, Delhi Chapter and have been the Marketing Coordinator of several organisations. Harsh Snehanshu: I was also pursuing B.Tech in the same college but in Engineering Physics. Like Apoorv said, we were next-door neighbours and that is how two people with similar interests came together. I was a researcher at the University of Glasgow and am presently the Co-founder and Director at thewittyshit.com . Apart from this, I am an author as Srishti Publishers and have authored two national bestselling books, namely Oops! I Fell in Love and Ouch! That Hearts. (From hereon, the conversation is presented without attribution to Apoorv and Harsh. Both their inputs are consolidated.) Nice! So an author and researcher and a marketing expert… How did you ever come to TWS? We started ideating in May 2010 and incorporated in November 2010. Both of us were in our final year at that point of time. We skipped our placements in order to take up this venture full-time and needless to say, it has been very rewarding so far. As founders, both of us have a writing background. With a dearth of avenues that incentivise the creativity behind one-liners, slogans, status messages and tweets, we started this portal with a goal of promoting and monetarily acknowledging the creativity of the common man. So for those still trying to figure it out, tell us what is TWS and what was the idea that led you to set it up? It’s a creative networking platform where people can submit their original one-liners, network with others equally witty and watch their one-liners go viral. The icing on the cake is, you get monetary benefits for the same! What could be simpler than writing just one line and being paid for it? TWS facilitates this by conducting literary branding contests for corporate clients, merchandising the submitted one-liners into products like tees and selling these punch-lines to ad-agencies. Humour is taking the lead above every other form of entertainment in India. Activity on social networks can’t be imagined without an access to humour. And therefore, our dedicated platform which caters to humour and wit by the common man solves the higher purpose of not only entertaining the masses but also promoting them to become witty, because it has got incentives on TWS. So what is the ultimate dream that you wish to achieve via your portal? We want to be the largest network of creative people across the globe. And while doing that, our aim is to cater to the aam-aadmi and letting him know that there is a platform where his creativity would be valued, recognized and if it’s good, even can make money for him. But can wit and one liners feed a business? How many people do you attract? As you know that the founders have a writing background. The basic idea was that there was no avenue that could incentivise little creativity of coming up with a one-liner, slogan, status message or tweets into anything more than a few likes on your status message. And therefore we started with this portal with the single goal of promoting and incentivising basic creativity of the common man. We think the idea has shaped pretty well. Our engaged community, corporate clients willing to try our brand and a database of over 10,000 one-liners bear testimony to that. Our reach is around 30,000 customers. But we have around 7000 active customers on our website. And where do you run your operations from? Before graduating from IIT Delhi, we used to operate from our dorm rooms itself. Currently, we have rented a 2BHK flat in South Delhi. We have converted one room into an office from where we operate. As founders, we are the only two full-time members right now. We have over 60 students associated with us (part-time) and around 5 full-time interns working with us presently. And how does this work from a business point of view? Initially, we concentrated on building an engaged community. Now that we have around 25,000 active users, our business model has shifted to conducting creative contests to cater to the needs of corporate houses, while outsourcing our pool of creativity. Besides that, we also conduct competitions at our end on current issues and work on sponsorships for the same. Tell us about some existing interesting features of your portal. Any additional features you want your viewers to look forward to? We have a daily feature of the ’Wit of the Day’. There is an achievers section which awards some of the wittiest users. We are working on introducing games on the website which would induce greater involvement. We are soon launching ‘FunZone’ where users are expected to come up with witty replies to specific questions asked by us. Also, Wit-trophies are going to be introduced to award active users. What do you think sets you apart from other ventures like yours? Our USP is ‘originality’ and we exercise a regular check on that. Plagiarism is strictly prohibited. You host a lot of events on your pages? Let us hear more about that . We are very active on our Facebook fan page. It’s the place from where we have kept our users engaged. We post a lot of interesting questions based on current affairs and induce healthy discussions around them. Tell us a bit about the market size that you are trying to capture via your website? We are trying to capture the janta active on Twitter and Facebook. We not only read about the contributors of creative content but also about the end consumers of this content. So the market that we are trying to target, pretty easily covers over 500 million people. How has the response to your portal been so far? Response has been decent, but not so spectacular. We are getting an average of around 5000 views/day but it keeps varying between 3000 and 10,000 views. We are launching a new design in a month and opening up the website for media consumption, following which we are expecting more views. Cool! So let’s have some figures … what is your annual turnover like? Currently, our turnover is around Rs. 24 lakhs. After investment, we project a turnover of Rs. 1 crore within a year. Do you have plans to spread to other realms too? How do you plan to scale up TWS in the coming years? We do plan to expand on verticals like photography and art but we wish to take it up one by one. Our main goal is to build a community where wit and humour is acknowledged and we intend to expand this community network first. Right now, we are pitching to investors. With the funding, we will be able to hire full time employees and our first target would be customer acquisition. We have a few marketing strategies in mind that could help me in reaching to a million users within six months of investment. Interested investors are welcome to reach us at contact@thewittyshit.com We see that you have a Wikipedia page to your name now! Congrats! Where else have you been featured? Thank you. We were acknowledged with the iAccelerator award at IIM-Ahmedabad and People’s Choice Awards 2010 by YourStory . The prominent magazine Businessworld enlisted us as one of the Hottest Young Entrepreneurs of 2010 . We featured in major dailies like Mid-Day , Mail Today and Hindustan Times . Recently, we made it big on Yahoo. Earlier, we were just a network for people to post one-liners. Now we are into corporate branding and have conducted contests for over 15 clients. And before we close this, your signing off line would be… Believe in your dreams, dare to trudge on different paths. And making some wit happen.. If we had to put that as a one liner, then “Regular jobs are not going to make you Steve Jobs!” YourStory.in congratulates these two young chaps and their team on having achieved success already. We wish that their successes continue to multiply. You can sharpen your wit with them at www.thewittyshit.com Credits: Ankita Rajan and Rohit Rohan
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by Paul Joseph
February 2, 2012
Featured
The last couple of years have seen a spurt in the number of entrepreneurial ventures initiated by fresh graduates or students. It is quite an encouraging sign, but most of the startup’s concentrate on technology or web services. A very small percentage of these student startup’s are inclined towards utilizing technology to benefit the society at large. ngoFuel is one such startup, which is a non-profit social enterprise. This Chennai based startup was conceived by four VIT (Vellore Institute of Technology) engineering students and a student from Lady Shri Ram College, Delhi. They launched ngoFuel in 2010 with the primary aim to gain meaningful work experience. “Apurv Agrawal and Saswata De founded nF in their third year of under graduation, decided to expand the team in early 2011. That is when various team mates with varied skills and ideas were added to expand the team size to 11” , clarified Ritika Gupta, Executive Director, ngoFuel. Within the first 12 months of the launch ngoFuel was able to attract a lot of attention and the founders have shunned all job offers to concentrate on ensuring that the start-up survives and grows. ngoFuel provides technology solutions to NGO’s (non-governmental organizations), especially those which are hard strapped for money. They provide services like web designing, web hosting and photography. These services are mostly provided free of cost or at a very minimal cost. ngoFuel also maintains a fortnightly e-journal called nF Spotlight, which features an in-depth coverage of one NGO. “ Our blog ( e-journal) will cater to a bigger audience covering more aspects of social needs, showcasing skills of youth and a platform for all of us to be an interface to social needs” , says Ritika. They also dabble in graphic design, content writing, online brand management, social media marketing, et cetera. Apurv Agarwal, the founder and chief executive of ngoFuel, is also responsible for overseeing the designing of the websites. The content writing services are taken care of by Saswata Shankar De and Aditi Agarwal. Graphic designing and photography is done by P Shreyas and Siddhartha M. Saswata is also the COO (Chief Operational Officer). Since its launch ngoFuel has been approached by a number of NGO’s and this had forced them to temporarily stop accepting new projects. ngoFuel relies heavily on crowd sourcing in order to provide these services at the nominal rates they do. “ The founders recognized it in the beginning and that is when they decided the business model to sustain on “crowd sourcing”, seeing huge potential in the youth of various universities. In fact, this helped us to get some of the very best interns to work on dedicated projects and create a wide spread reach in India in a small span of time” , adds Ritika. The initial interaction with the NGO’s is handled by founders, but the actual work is done in combination with a number of volunteers, who contribute towards the project at hand. It is a win-win situation for both ngoFuel and the volunteers, most of whom are students. For the students it is an opportunity to work on a live project and gain some experience, which is a great addition to their resume. This allows ngoFuel to provide professional services to the NGO’s at a fraction of the original cost. “ We have team of 18 undergrads working with us catering to our requirement of managing, web developing, graphic designing, content development at personal level and filling the void of our interns when needed” , says Ritika. Many of the volunteers could also be future entrepreneurs and working on a project with ngoFuel allows them to meet new people and build contacts. It also makes the volunteers feel they have achieved something, which improves their self-confidence. The volunteers who have worked on a project with ngoFuel in turn act as ambassadors in their colleges and universities, thereby drawing the attention of more students towards ngoFuel. In the immediate future ngoFuel is planning to register itself as a trust, which will enable them to give out an internship or voluntary work certificate. The founders want to be part of ngoFuel in the long-run, at least on a part-time basis. They are working on increasing the revenue to a certain level, which will enable ngoFuel’s sustenance as a full-time business. The strategy they have in mind is to increase the volume of projects as they do not want to charge NGO’s higher. A very miniscule percentage of registered NGO’s in India have an online presence. So the potential for ngoFuel to grow is huge. ngoFuel has worked with more than 25 NGO’s till date. They hope to work with over 200 NGO’s year-on-year in order to make the enterprise viable. Over 250 volunteers/interns have been signed up by ngoFuel. A recent showcase of the top 30 student start-up’s in India by the National Entrepreneurial Network (NEN) featured ngoFuel. Their business plan was also rated to be one of the top 10 Social B-Plans in India by SRCC, Delhi. ngoFuel recently re-launched their site, with a more user-friendly interface, in order to reach out to a larger audience. Check it out here .
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