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GoodWorkLabs

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The GoodWorkLabs success story: Bootstrapped company does 500% Y-o-Y Growth

🇮🇳Bengaluru, IndiaSoftware Developmentwww.goodworklabs.com★★★★★★★★★★0(0 reviews)
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Bengaluru, India
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About GoodWorkLabs

Not many companies have succeeded in recent times in creating a premium brand and achieving an exponential growth in the hot Outsourced Product Development (OPD) segment of the IT services industry. GoodWorkLabs, led by industry leaders Vishwas Mudagal and Sonia Sharma, has achieved just that by clocking 500% year-on-year revenue growth and bagging a slew of marquee clients globally, including Flipkart, Hindustan Unilever, CommonFloor, Ekstep, Avaya, Sesame Street and Canvera, among others. Headquartered in Bangalore, and with offices in Kolkata and San Francisco Bay Area, GoodWorkLabs was founded in 2013 by Sonia Sharma and was backed by Vishwas Mudagal, as the first investor. The duo that also happens to be a dynamic and enterprising couple, identified a key gap in the IT services industry—the lack of product building experience and a culture of fostering innovation. They wanted to bring their vast experience in building high-end products, creating R&D teams, and their understanding of the startup ecosystem to be the ‘product’ guys in the ‘services’ industry. And they were bang on target. The firm took off really well, and Vishwas joined GoodWorkLabs as the CEO in October 2014. Together, they scripted a success story that surpassed everyone’s expectations, including their own. GooodWorkLabs helps Fortune 500 companies and startups alike to design and build beautiful and robust products, be it mobile apps, software products or games. The firm has an in-house UX Design Studio, which builds aesthetic, easy-to-use and engaging user experience and interfaces that delight the target audience. GoodWorkLabs houses a growing team of passionate developers who are hand-picked by the core leadership crew. The team is exceptionally quality conscious and helps organisations understand what works and what doesn’t. They bring in innovation, agility, and design thinking capabilities to help clients succeed in the fiercely competitive business environment. The hiring philosophy of the company is to set the bar very high, where potential employees should be problem solvers and be passionate to innovate. Striving to become the global leader in the ‘innovation outsourcing’ space, GoodWorkLabs will continue to take up complex technology and design work on outcome basis for customers worldwide, thus becoming an integral part of the latter’s machinery. They intend to grow globally with offices in key geographies around the world, and bring out products and solutions for different industry verticals. The firm that is successfully bootstrapped, surpassed the revenues of US$2.5 million for the FY2015-16 and looks forward to reaching US$12 million by FY2017-18.

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Location

🇮🇳 Bengaluru, India

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Business details

Software Development
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Registration country🇮🇳 India
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