Jas Business Blog

Every other weekend when I check the ever growing internet for new startups, its surprising to see the new ideas which have come from different black corners. One of these startups I have seen growing in front of me where I know personally the three musketeers who have created it is Fachak.com

Fachak

Lets talk about the idea of this startup first. Fachak.com has rolled out what it calls as the “independent ‘format-neutral’ & ‘multi-source’ content sharing platform”. Fachak allows one to share content of various formats like DOC, Videos, JPEG, PNG, PDF and PPT etc. Its USP lies in enabling users to not only share the data by uploading it at Fachak servers but also sharing the content from other famous content shating sites like YouTube, Slideshare and Scribd. So in case you already have some file uploaded in YouTube by yourself or someone else, you can embed that in Fachak and share with Fachak’s community. Its a clever feature as a typical user may share his presentations from Slideshare, videos from YouTube and Images from Flickr over here in one consolidated profile page. But the revenue doesnt come from the content per se, revenue for these host – YouTube, Slideshare etc come from the UI in which they show this content. So in the end Fachak saves upon the server space and cost as content is coming from other website’s server while it gains the revenue as UI is of Fachak! Pretty neat!

For a social sharing site the flow of pipeline is very important. People should keep sharing the stuff and people should keep viewing the stuff, any one of this dries up, the site may go in for a toss. So how is this site faring? I logged in today and saw this message “Your last log in was Mar 6th, 21:46. There are 8640 entities since your last login”. Boy! That is a huge number now!

And just to emphasize the fact that it is promising enough, check these stats by WebSite Outlook

Net Worth :  $15395.7
Daily Pageview : 6451
Daily Ads Revenue : $21.09 ( This has been rising and was $15 just 2 weeks back!)
Backlinks : 2051
Google Page Rank : 3

The website is in alpha right now and have been adding features, improving them and becoming more mature. The entry is by invitation, but the views are for free. I have invites available , so in case you want it just leave a comment mentioning same.

The fans of social bookmarking sites (like Digg) would be knowing how such a site – Reddit got its vital money during startup phase. YCombinator, an early stage investment firm had provided the seed funding for it, Scribd and many others. It idea is simple, help to get the new Internet ventures off-the-ground on the cheap, with typical investments ranging from $15,000-$20,000, when they need it the most – in earliest phase.

Well India has got its own version of YCombination in form of Morpheus Venture Partners providing seed capital and mentoring to startups in India. For some time they have been conducting interviews with the interested startups and yesterday only came out with the list of startups that they will be betting on. For the moment investments come directly from MVP’s partners as opposed to the fund, which is currently in the process of raising $5M from investors.

Here is the list of startups which are gearing up for new age challenges even as the traditional industries are trying to either converge or cut costs to survive the bear run.

1) CallGraph: Call Graph is a service to record, track, monitor, share and transcribe your calls. It is designed for distributed teams who use services such as Skype for their meetings, conference calls etc 2

2) Crederity: Crederity is a new service that applies sophisticated technologies and programs to helping people and businesses easily establish trust on the Internet. As the web’s first guaranteed trust builder, Crederity enables people and businesses to certify their own integrity and that of others.

3) DeskAway: DeskAway “simplifies teamwork”. DeskAway is a subscription-based online team and project collaboration service that enables small businesses & teams to organize, manage & track their work online.

4) Dhanax: dhanaX stands for exchange of dhana or wealth, works with the vision to connect people from different economic backgrounds and thus create wealth for them. dhanaX is an online/offline people-to-people lending platform that lets Indians to lend and borrow money from fellow Indians.

5) Fachak: A platform where you can share any form of content from a document to a video, it just needs to mean one thing to you – Fun! Fachak is in its pre-release stage right now but is soon going to be in private beta. You can register yourself for the launch invitation on the website.

6) LifeMojo: LifeMojo’s focus is on creating a platform for delivery of preventive health care services and partner with renowned health experts for their consultation.

7) SutraHR: Sutra HR is a full services People Consulting firm which has a unique partnering model with Digital, Mobile and Internet startups and entrepreneurial companies in India, to find retain assess and train talent to take them to the next level and beyond.

For additional details, check out the MVP website here.