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2004
marked a strategic milestone for the mobile industry. The
number of mobile subscribers surpassed the total cable and
satellite television subscribers in India, which number 40
million today. With 46 million mobile users, a number that
is expected to double next year, the phenomenal mobile
revolution in India has given rise to Bridle’s idea.
A PURE BITS START-UP!
Bridle management is
pure Pilani. Rama Krishna (“Ramki,
right”) (’02 MMS, ’05 ME Software Systems), a
10-pointer from BITS has won many international
programming contests and national software
development competitions. Suneel Blewett
(left) (’00 BE (Hons) Comp Sci), and has worked in
mobile networks, mobile handset designing and
integration at Hughes Software Systems and Skyworks
Inc. Hari Krishnan (center) (’02 MMS)
has gained domain expertise at Hughes Software and
Patni. He is a winner of several awards.
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Bridle is a software company
focused on creating mobile applications for the Indian
market. Their ambitious mission is “To touch every
mobile subscriber in India, at least once a day” by
offering software applications initially in education, and
later in healthcare and home appliances through the mobile
phone.
Bridle’s target segments touch
everyone’s lives, and its management team has been busy
developing and launching a product for the education
segment. The first product, SchoolMATE (School
Mobile Assisted TEacher), enables schools to communicate
with parents through a communication suite that integrates
into a full-fledged school management system. In urban
India, it is very common these days for both parents to be
working. Both parents typically have cell phones, and most
likely don’t use the internet at home. SMS via mobile phones
is a well understood method of communicating in India. In a
country where answering phones are not common, and the home
internet connection is rare, the cell phone has become the
most important communication tool. Messaging has become the
cost-efficient and very effective alternative to email.
The
SchoolMATE system is user-friendly and very easy to use. It
allows parents to send messages to the school server,
pulling down all the information about the child. Parents
can request absence reports, fee payment reports, grades,
illness, and truancy reports from the school. The number of
students playing truant in movie theaters during school time
gives parents a tempting reason to try and keep an eye on
them.
SchoolMATE is an instant hit
in the early stages, with excellent reviews from pilot test
customers. The system has a high level of security built
into the software to ensure the software is not stolen.
Piracy concerns remain the biggest threat to innovation in
the Indian software industry.
SchoolMate
has focused its initial efforts on 6 states – AP, Maharastra,
MP, TN, Delhi and Karnataka at the moment, which offers a
target market of 430,000 schools. AP is leading the market
with a plan to have computerized systems in 30,000 schools.
The literacy rates and growth in IT usage in these states
are outstanding. Since computerization in schools is a new
concept, takeup will be slow. Bridle management is
forecasting revenues of Rs. 20 crores ($4 million) in two
years.
Bridle
has already partnered with India’s largest mobile service
provider, branded ‘AirTel’, where Bridle beat out a Middle
Eastern international competitor. It is in conversations
with other partners in India.
There are a few competitors in
both spaces, and Bridle’s management has spent considerable
time analyzing their strategies and sizing up these these
companies. Competitors such as Globals Inc., Mobile
Mantra and IMIMobile are mimicking what some
international companies have done. However, the competion
has problems both in terms of their fundamental offering, as
well as marketing. Bridle is confident that it is ahead of
the market. Internaational companies targeting the same
space are EduTxt, FastSMS and CSoft. However, none
of these companies have focused on India, and don’t have the
resources to enter India at the moment. If they don’t move
now, they will not pose a threat since moving first is
critical in this space.
One problem the competition
has is that their solutions need internet connectivity,
which is a big drawback at getting traction due to the low
penetration rates of the internet in Indian schools.
Bridle’s solution uses the mobile phone attached to the PC
for connectivity. In India, where mobile is well penetrated
in the cities, no other medium gives instant connectivity
and instant reach like the wireless network. This makes
SchoolMATE a clearly superior product because it is does not
dependent on the unavailable internet, or an expensive,
dedicated network.
Plus the market loves the ease
of installation and usage. The software can be used by
clicking setup from the CD, on any Windows NT, XP or 200
machine. The school can connect a mobile phone to the
PC/Server on which SchoolMATE is running using the standard
data-cable for that mobile (A data cable cost just Rs.
400-800 ($10-20), depending on the model). Bridle's
SchoolMATE automatically detects
the phone on restart (just the app/service), and uses it for
sending messages. The partnership with cellphone companies
such as Airltel allows these messages to be sent out for
less than 1 cent to each mobile user. So Bridle's
SchoolMATE needs no internet and no extra hardware. There
are no integration problems either since schools don’t have
full-fledged systems yet, except for simple billing systems
at the moment which are easy to integrate.
Bridle is working on a number
of other exciting products PilPal, Air2Blog and Voggi, which
will be announced in the coming months.
The BITS Technology
Business Incubator which is supporting Bridle’s
activities, is proving to be an excellent foundation for
Bridle. But it is not going to be sufficient. Money and
expert management are both critical to taking Bridle to the
next level. To accelerate the marketing efforts and to
reach the target markets faster, Bridle is looking for an
investment of approx. $400,000. The money will be used to
create entry barriers and widen the first mover advantages
in the school management software segment through marketing
and product development. Bridle is also looking for an able
mentor with expertise in technology marketing, retailing and
telecommunications who can guide them through the early
phases.
For more information
visit
www.bridleit.com or email the team at
ramki@bridleit.com . You can also call Ramki on his cell
at +91 98 499 22200
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