iCode bags $8m funds, targets SMB market - CXOtoday.com

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Summary

The company, which has over 200 employees in Bangalore, makes a small and medium business (SMB) management software product called Everest, nicknamed the “mini-ERPù solution. Speaking exclusively to CXOtoday.com, Sanjay Shah, MD and co-founder, iCode, said, “ We are catering to the specific demands of the small businesses within the SME segment, an area which is receiving renewed interest by software manufacturers around the world. Although an array of products is available at the ERP level for small-scale organizations, iCode has pioneered a ‘mini ERPù revolution so as to speak. This segment is plagued by long implementation cycles, a factor which has been completely eliminated by iCodeùs efficient ‘up and runningù strategy.” Divulging further details, Shah added, “We guarantee an implementation time frame of 5-10 days for small setups. Besides the US, we have ambitious targets ahead of us for the UK and Canadian markets, and we will continue to step up our strong focus in English speaking countries within the Asia-Pac region.

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Everest Software
$10M to $25M