Interesting article from The Economic Times:
Eight engineering graduates from this state, known better for its thriving tourism industry, are looking to give jobs to people in their IT startup that is already being valued at around US$ 7 million.
This team of graduates, which actually shaped its destiny by setting up ‘Torque’ to provide IT solutions across verticals, now dreams of turning Kerala into the ‘Silicon Coast’ of India.
Their brainchild Torque has in a short time grown into a pioneering technology business incubated company being currently valued at $5-7 million based in Technopark here.
“Our initial cash investment was Rs eight lakh raised by eight of us while we were in college some 18 months back,” Vijayakumar said.
Besides Vijayakumar, the core group included Kenni Joseph, now Torque’s Chief Technology Officer, Sony Joy Chief Operating Officer and Anil K Antony, son of Defence Minister A K Antony.
Read the complete article here.