How they converted $536 to a $300 Million Business Today

Having a Large Capital and making a big company is not a big deal. But starting from scratch with nothing, or very less is a big deal even if you make it big or not.

Bhavin Turakhia and Divyank Turakhia who started thier company in 1998 at the age of 19 and 17 respectively, with a capital of $536 (Rs.25,000) which they borrowed from thier Father to buy a server.

Today thier company, Directi has over 5 businesses, 1,000,000 Customers around the globe, 50,000 channel partners and they are leaders in Domain and hosting businesses in India. Thier Company’s total worth is $300 Million+.

It all started in 1998 when they became the first ones in India, to the first ICANN accredited domain registrar in India. This was a great start. In Many interviews they told that, after the first month they never had to look back because in the first month itself they had made enough to go on for the next month.

Thier main Focus is on Indian audience though they serve all over the world. Well, i was attending one of thier Reseller Club meetups and found thier presentations pretty impressive which were mainly concentrated on the Potential India had. The one fact that made me think, was that Most Traffic generated from India (It was among top 5) and when it came to serving the web with sites, India was right at the bottom.

Once one of my uncle said, that a big man is not the one who does all the work, he is one who gets his work done by others  (Here i mean not for free, but obviously by rewarding them). Most of thier businesses are not based directly on them but thier channel partners who do 98% of the companies business and unlike Google Adsense, they have fair and transparent model which make thier partners feel they are surely not being cheated.

In 1998 when they started doing business the Net Speed 14.4 Kb was the fastest available at that time, but in midst of all that, one of thier activities that never stopped was experimenting. They wanted to experiment with web services and you never know you might land up with a $300 Million Company!