| Business Basics |  | | | Company Name | LeewayHertz Technologies | | Founded in | 2004 | | Headquartered in | New Delhi | | Company website/URL | www.leewayhertz.com | | Industry | IT/ Internet/ Software | | Stage of the company | Scaling up | | Source of idea | Systematic search for business opportunity | | Awards & honors | Will probably get the first one as TATA NEN Startup award. | | | |
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| Business description | | iPhone Application and Web 2.0 application development is our core business area. Our expertise lie in Strategy, Design and Development of Rich and Interactive Web 2.0 Applications. We focus on idea, perfect the user interface, suggest innovative features and implement all this using best technology available. | | | How does the business make money? | | By providing consultancy, iPhone applications and Web 2.0 applications development services to startups and small scale companies. | | | Team information | | N.A. | |
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| Competition |  | | | Competitors | IndiaNIC | | How different if your product or service? It has... | Identical or close substitutes available abroad | | In what way is your product or service different? | We provide complete solution from building an idea from scratch till the final product is ready for the market. We also use cutting edge technology to...> Read more.. | | | |
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| By The Numbers |  | |
| 2006 | 2007 | | No. of employees | 0-5 | 6-15 | | No. of locations | 0-1 | 0-1 | | No. of customers | 2-5 | 6-15 | | Turnover | Under 10 lacs | 11-50 lacs | | Profits | 6 to 15 lacs | 16-50 lacs | | | Primary source of initial funding | Personal savings | | Primary source of additional funding | Family & friends | | Raised institutional capital? | No | | | |
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| Why is this startup hot? | | iPhone is a revolutionary product. Rapidly growing iPhone users are raising the demand for iPhone application for businesses, entertainment, utility etc. | | | What keeps the team awake at night? | | Money, Coffee and Work Load :) | |
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