Demoport Creator MV Praveen on How His Hyperlocal Online Marketplace Merges The Best Of Both Worlds
Born in a middle class family in Chennai, MV Praveen finished his schooling in Don Bosco, scraped through his graduation in English Literature and in the middle of his career likewise did an MBA in Marketing. Average in studies, Praveen was constantly a back bencher. As far as he can remember, he constantly wished to end up being an entrepreneur.
After finishing his graduation, Praveen worked for about 7 years at several business including Eureka Forbes and Bajaj Electricals. In 1998, his first stint at ending up being a business owner was with his water and waste water treatment company - MORF India Ltd. By 2003, MORF became a public restricted company and spread its wings throughout southern India over the duration of next 10 years. In 2012, Praveen signed a licensing contract with Electrolux for manufacturing and marketing water and air cleansers under the Kelvinator Brand in India and Sri Lanka.
In January 2013, MORF raised close to 2 million USD from a Swiss-based PE Fund. In an abrupt turn of occasions, Praveen chose to sell his shares and left MORF in October 2013. After a short hiatus, established KORGEN Technologies Pvt. Ltd. in February 2014.
In an unique interview with CrazyEngineers, MV Praveen, Founder & CEO - Demoport goes over how he constructed a Hyperlocal Online Plus Marketplace that makes it possible for people to quickly find and get in touch with authentic local dealers for a pre-sales chat prior to positioning their orders online, the obstacles they dealt with developing this startup, their roadway ahead and a lot more