Capillary Technologies
Encyclopedia
Capillary Technologies is an information technology
company headquartered in Bangalore
, India
. Established in 2008, Capillary is present in India, Singapore
, United Kingdom
, South Africa
and Middle East
.
(IIT-KGP). Before starting Capillary, Aneesh has worked at ITC Limited; Krishna with Microsoft Research
and Ajay with Danieli
. Incubated in IIT Kharagpur, Capillary began its operations in Kolkata and moved to Bangalore in May, 2009. Capillary got its first client, Indus League brand John Miller in April, 2009. In September 2009, Capillary received a funding of USD100,000 as the winners of QPrize 2009, a global business plan contest conducted by Qualcomm
. By September 2010, Capillary’s solutions were live in 2000 stores across India. From 10 employees in 2009 and 30 employees in 2010, Capillary has grown to a 150 strong team (as of October 2011). It currently caters to more than 100 major brands worldwide, reaching over 10 million consumers across 6000+ stores in 500 cities.
s by the co-founders themselves. It later received a funding of 1,500,000 rupees from IIT-KGP’s Entrepreneurship Cell. In September 2009, Capillary received a funding of $100,000 from Qualcomm Ventures. 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.
!nTouch is a Cloud-based CRM solution, which is integrated with billing and point-of-sale outlets of retail chains. Using !nTouch, SMEs can access and use purchase data to entice buyers with loyalty programmes and discounts.
TruTouch is a self-serve-style product for SME retailers that was launched in 2011.
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
company headquartered in Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. Established in 2008, Capillary is present in India, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
, United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
and Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...
.
History
Capillary was started by Krishna Mehra, Aneesh Reddy and Ajay Modani in 2008. The three co-founders are alumni of Indian Institute of Technology, KharagpurIndian Institute of Technology Kharagpur
The Indian Institute of Technology Kharagpur is an autonomous engineering, technology and management oriented institute of higher education established by the government of India in 1951...
(IIT-KGP). Before starting Capillary, Aneesh has worked at ITC Limited; Krishna with Microsoft Research
Microsoft Research
Microsoft Research is the research division of Microsoft created in 1991 for developing various computer science ideas and integrating them into Microsoft products. It currently employs Turing Award winners C.A.R. Hoare, Butler Lampson, and Charles P...
and Ajay with Danieli
Danieli
Danieli is the third largest supplier of equipment and plants to themetal industry in the world. The company has six factories in Italy, Germany, France, Sweden, Thailand and China....
. Incubated in IIT Kharagpur, Capillary began its operations in Kolkata and moved to Bangalore in May, 2009. Capillary got its first client, Indus League brand John Miller in April, 2009. In September 2009, Capillary received a funding of USD100,000 as the winners of QPrize 2009, a global business plan contest conducted by Qualcomm
Qualcomm
Qualcomm is an American global telecommunication corporation that designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access technology and other technologies. Headquartered in San Diego, CA, USA...
. By September 2010, Capillary’s solutions were live in 2000 stores across India. From 10 employees in 2009 and 30 employees in 2010, Capillary has grown to a 150 strong team (as of October 2011). It currently caters to more than 100 major brands worldwide, reaching over 10 million consumers across 6000+ stores in 500 cities.
Funding
Capillary started with a funding of 100,000 Indian rupeeIndian rupee
The Indian rupee is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India....
s by the co-founders themselves. It later received a funding of 1,500,000 rupees from IIT-KGP’s Entrepreneurship Cell. In September 2009, Capillary received a funding of $100,000 from Qualcomm Ventures. Capillary has also raised funds from a group of angel investors, including the high profile angel investor Rajan Anandan
Rajan Anandan
Rajan Anandan is currently the Head of Google India. He was earlier the Managing Director of Microsoft's Sales Marketing and Services business in India. He took this up role in August 2008. Before this role, he used to be the Managing Director of Dell India. He led Dell India from 2006 to 2008...
, Head of Google India; Venkat Tadanki, CEO of Secova; and Harminder Sahni, founder of Wazir Advisors.
Products
Capillary provides end-to-end customer engagement solutions to retailers and consumer facing businesses.!nTouch is a Cloud-based CRM solution, which is integrated with billing and point-of-sale outlets of retail chains. Using !nTouch, SMEs can access and use purchase data to entice buyers with loyalty programmes and discounts.
TruTouch is a self-serve-style product for SME retailers that was launched in 2011.
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 Singapore PTE. LTD.Awards
Capillary has been recognized at various platforms for its entrepreneurial achievement- QPrize 2009 – India Winner
- TechSparks 2011 – Top Five Emerging Technology Product Companies of India.
- TiE Entrepreneurial Excellence Award
- NASSCOM EMERGE 50 – League of Ten